Seaport Res Ptn Expects Lower Earnings for Bread Financial

Bread Financial Holdings, Inc. (NYSE:BFH - Free Report) - Investment analysts at Seaport Res Ptn lowered their Q3 2025 earnings per share (EPS) estimates for Bread Financial in a note issued to investors on Tuesday, June 24th. Seaport Res Ptn analyst W. Ryan now expects that the company will post earnings of $1.73 per share for the quarter, down from their previous estimate of $1.80. The consensus estimate for Bread Financial's current full-year earnings is $6.45 per share. Seaport Res Ptn also issued estimates for Bread Financial's FY2025 earnings at $6.25 EPS and FY2026 earnings at $7.75 EPS.

Bread Financial (NYSE:BFH - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.10 by $0.76. Bread Financial had a return on equity of 12.60% and a net margin of 5.89%. The firm had revenue of $970.00 million during the quarter, compared to analyst estimates of $956.17 million. During the same quarter in the previous year, the firm earned $2.73 EPS. Bread Financial's quarterly revenue was down 2.1% compared to the same quarter last year.

Several other analysts also recently commented on the company. JMP Securities reiterated a "market perform" rating on shares of Bread Financial in a research note on Monday, April 28th. The Goldman Sachs Group dropped their price objective on Bread Financial from $68.00 to $58.00 and set a "sell" rating on the stock in a research report on Tuesday, March 18th. Jefferies Financial Group lifted their price objective on Bread Financial from $45.00 to $50.00 and gave the stock a "hold" rating in a report on Thursday, April 24th. Finally, Morgan Stanley upped their target price on shares of Bread Financial from $36.00 to $39.00 and gave the company an "underweight" rating in a research note on Monday, May 12th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $60.27.

Bread Financial Stock Up 2.0%

Shares of Bread Financial stock opened at $55.83 on Wednesday. The company has a 50-day simple moving average of $50.95 and a two-hundred day simple moving average of $54.66. Bread Financial has a 52-week low of $38.21 and a 52-week high of $66.71. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.17 and a current ratio of 1.17. The stock has a market capitalization of $2.60 billion, a PE ratio of 9.92, a price-to-earnings-growth ratio of 1.01 and a beta of 1.37.

Bread Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 9th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date was Friday, May 9th. Bread Financial's payout ratio is 14.92%.

Bread Financial declared that its board has authorized a share buyback program on Wednesday, March 5th that permits the company to repurchase $150.00 million in shares. This repurchase authorization permits the company to repurchase up to 6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Bread Financial

Institutional investors have recently bought and sold shares of the stock. O Shaughnessy Asset Management LLC grew its holdings in Bread Financial by 2.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 7,248 shares of the company's stock valued at $443,000 after purchasing an additional 175 shares during the period. Summit Investment Advisors Inc. lifted its position in shares of Bread Financial by 3.7% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,202 shares of the company's stock valued at $318,000 after buying an additional 184 shares in the last quarter. CIBC Asset Management Inc grew its stake in shares of Bread Financial by 4.4% during the 4th quarter. CIBC Asset Management Inc now owns 4,872 shares of the company's stock valued at $297,000 after acquiring an additional 206 shares during the period. Mackenzie Financial Corp increased its holdings in Bread Financial by 0.7% in the 1st quarter. Mackenzie Financial Corp now owns 40,918 shares of the company's stock worth $2,049,000 after acquiring an additional 296 shares in the last quarter. Finally, Federated Hermes Inc. raised its stake in Bread Financial by 1.0% during the 4th quarter. Federated Hermes Inc. now owns 30,641 shares of the company's stock worth $1,871,000 after acquiring an additional 305 shares during the period. 99.52% of the stock is owned by institutional investors.

Bread Financial Company Profile

Bread Financial Holdings, Inc provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for private label and co-brand credit card programs, as well as through Bread partnerships; and Comenity-branded general purpose cash-back credit.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.