Zacks Research Issues Negative Forecast for BHF Earnings

Key Points

• Zacks Research has revised its Q1 2026 earnings per share (EPS) estimate for Brighthouse Financial down to $5.00, from a prior forecast of $5.15.
• Barclays and Keefe, Bruyette & Woods have lowered their price targets for Brighthouse Financial to $65.00 and $50.00, respectively, while other analysts have mixed ratings, with an average rating of "Hold."
• Brighthouse Financial recently reported Q2 earnings of $3.43 EPS, missing the consensus estimate of $4.70, with revenues also falling short at $2.15 billion.

Brighthouse Financial, Inc. (NASDAQ:BHF - Free Report) - Stock analysts at Zacks Research dropped their Q1 2026 EPS estimates for shares of Brighthouse Financial in a research note issued on Thursday, August 28th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $5.00 for the quarter, down from their prior estimate of $5.15. The consensus estimate for Brighthouse Financial's current full-year earnings is $20.32 per share. Zacks Research also issued estimates for Brighthouse Financial's Q2 2027 earnings at $5.98 EPS and FY2027 earnings at $24.40 EPS.

Brighthouse Financial (NASDAQ:BHF - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $3.43 earnings per share for the quarter, missing analysts' consensus estimates of $4.70 by ($1.27). The company had revenue of $2.15 billion during the quarter, compared to analysts' expectations of $2.21 billion. Brighthouse Financial had a net margin of 10.24% and a return on equity of 21.06%. The company's quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the business posted $5.57 earnings per share.

Other research analysts have also issued reports about the stock. Piper Sandler decreased their price target on shares of Brighthouse Financial from $63.00 to $55.00 and set a "neutral" rating on the stock in a research note on Thursday, July 3rd. Keefe, Bruyette & Woods cut their price objective on shares of Brighthouse Financial from $57.00 to $50.00 and set a "market perform" rating for the company in a report on Monday, August 11th. Wall Street Zen downgraded shares of Brighthouse Financial from a "buy" rating to a "hold" rating in a report on Saturday, June 21st. Morgan Stanley cut their price objective on shares of Brighthouse Financial from $45.00 to $42.00 and set an "underweight" rating for the company in a report on Monday, July 14th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Brighthouse Financial from $56.00 to $63.00 and gave the company an "underweight" rating in a report on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Brighthouse Financial currently has an average rating of "Hold" and a consensus price target of $59.67.

Brighthouse Financial Price Performance

Brighthouse Financial stock traded down $0.19 during midday trading on Monday, reaching $44.50. The company had a trading volume of 618,686 shares, compared to its average volume of 833,297. The company has a market capitalization of $2.54 billion, a P/E ratio of 4.82 and a beta of 0.87. Brighthouse Financial has a 12-month low of $40.00 and a 12-month high of $64.12. The firm's fifty day simple moving average is $48.70 and its 200-day simple moving average is $53.90. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.93 and a quick ratio of 0.93.

Hedge Funds Weigh In On Brighthouse Financial

A number of institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in Brighthouse Financial during the fourth quarter worth about $384,000. Mariner LLC increased its holdings in Brighthouse Financial by 4.2% in the 4th quarter. Mariner LLC now owns 6,055 shares of the company's stock valued at $291,000 after purchasing an additional 242 shares during the last quarter. First Trust Advisors LP increased its holdings in Brighthouse Financial by 181.0% in the 4th quarter. First Trust Advisors LP now owns 23,576 shares of the company's stock valued at $1,133,000 after purchasing an additional 15,185 shares during the last quarter. Stifel Financial Corp increased its holdings in Brighthouse Financial by 3.0% in the 4th quarter. Stifel Financial Corp now owns 15,628 shares of the company's stock valued at $751,000 after purchasing an additional 455 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in Brighthouse Financial by 6.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 39,012 shares of the company's stock valued at $1,875,000 after purchasing an additional 2,290 shares during the last quarter. 81.24% of the stock is owned by hedge funds and other institutional investors.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.