NASDAQ:BHF

Brighthouse Financial (BHF) Stock Forecast, Price & News

$44.42

-0.13 (-0.29%)

(As of 06/9/2023 ET)

Compare

Today's Range: $44.20
▼
$44.74
50-Day Range: $39.86
▼
$45.49
52-Week Range: $38.38
▼
$60.54

Volume: 251,420 shs
Average Volume: 499,444 shs
Market Capitalization: $2.97 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $51.38

Brighthouse Financial MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 15.7% Upside
$51.38 Price Target
Short Interest: Healthy
2.07% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.31
Upright™ Environmental Score
News Sentiment: 0.77
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 18.67%
From $14.03 to $16.65 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Finance Sector

550th out of 868 stocks

Life Insurance Industry

13th out of 19 stocks

2.0

Analyst's Opinion

Consensus Rating
Brighthouse Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $51.38, Brighthouse Financial has a forecasted upside of 15.7% from its current price of $44.42.
Amount of Analyst Coverage
Brighthouse Financial has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.07% of the float of Brighthouse Financial has been sold short.
Short Interest Ratio / Days to Cover
Brighthouse Financial has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Brighthouse Financial has recently increased by 19.13%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Brighthouse Financial does not currently pay a dividend.
Dividend Growth
Brighthouse Financial does not have a long track record of dividend growth.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Brighthouse Financial has received a 27.67% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is driven by its "Life annuities" and "Life insurance services for individuals" products. See details.
Environmental Sustainability
The Environmental Impact score for Brighthouse Financial is -0.31.

2.1

News and Social Media Coverage

News Sentiment
Brighthouse Financial has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Brighthouse Financial this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for BHF on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Brighthouse Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Brighthouse Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.96% of the stock of Brighthouse Financial is held by insiders.
Percentage Held by Institutions
79.90% of the stock of Brighthouse Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Brighthouse Financial are expected to grow by 18.67% in the coming year, from $14.03 to $16.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Brighthouse Financial is -2.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Brighthouse Financial is -2.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Brighthouse Financial has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Brighthouse Financial (NASDAQ:BHF) Stock

Brighthouse Financial, Inc. operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with a diverse network of distribution partners. It operates through the following segments: Annuities, Life, Run-Off, and Corporate & Others. The Annuities segment product offerings include fixed, structured, income and variable annuities. The Life segment manufactures products to serve its target segments through a broad independent distribution network. The Run-Off segment includes structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements and universal life with secondary guarantees. The Corporate & Other segment refers to the general account investments and the separate account assets of the company. The company was founded in June 1863 and is headquartered in Charlotte, NC.

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BHF Stock News Headlines

June 9, 2023 | markets.businessinsider.com

9 Analysts Have This to Say About Brighthouse Finl

June 9, 2023 | markets.businessinsider.com

Brighthouse Financial (BHF) Receives a Hold from KBW

June 10, 2023 | Behind the Markets (Ad)

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June 7, 2023 | finance.yahoo.com

Brighthouse Financial (BHF) Up 5.5% Since Last Earnings Report: Can It Continue?

June 5, 2023 | americanbankingnews.com

Brighthouse Financial, Inc. (NASDAQ:BHF) Receives $51.38 Average Target Price from Brokerages

June 1, 2023 | finance.yahoo.com

Here's Why Hold Strategy Is Apt for Brighthouse Financial (BHF)

May 15, 2023 | msn.com

Wells Fargo Maintains Brighthouse Financial (BHF) Equal-Weight Recommendation

May 13, 2023 | americanbankingnews.com

Brighthouse Financial, Inc. (NASDAQ:BHF) Receives $52.13 Consensus PT from Brokerages

June 10, 2023 | Behind the Markets (Ad)

Why did Biden repeal Trump's Executive Order?!

May 12, 2023 | americanbankingnews.com

Brighthouse Financial (NASDAQ:BHF) Posts Quarterly Earnings Results

May 11, 2023 | americanbankingnews.com

Brighthouse Financial (NASDAQ:BHF) Given New $44.00 Price Target at Piper Sandler

May 10, 2023 | markets.businessinsider.com

Barclays Sticks to Their Hold Rating for Brighthouse Financial (BHF)

May 10, 2023 | americanbankingnews.com

Barclays Lowers Brighthouse Financial (NASDAQ:BHF) Price Target to $42.00

May 9, 2023 | markets.businessinsider.com

Piper Sandler Reaffirms Their Hold Rating on Brighthouse Financial (BHF)

May 8, 2023 | markets.businessinsider.com

Wells Fargo Keeps Their Hold Rating on Brighthouse Financial (BHF)

May 8, 2023 | msn.com

Brighthouse Financial Q1 earnings miss consensus, hurt by Run-off segment

May 8, 2023 | finance.yahoo.com

Brighthouse Financial Announces First Quarter 2023 Results

May 7, 2023 | americanbankingnews.com

Brighthouse Financial (BHF) Scheduled to Post Quarterly Earnings on Monday

May 3, 2023 | finance.yahoo.com

Here’s Why Brighthouse Financial (BHF) Shares Declined 14% in Q1

May 1, 2023 | businesswire.com

Brighthouse Financial Announces Enhancements to Its Shield ® Level Annuities Product Suite

May 1, 2023 | finance.yahoo.com

Brighthouse Financial Announces Enhancements to Its Shield® Level Annuities Product Suite

April 28, 2023 | americanbankingnews.com

Q2 2023 EPS Estimates for Brighthouse Financial, Inc. Cut by Zacks Research (NASDAQ:BHF)

April 27, 2023 | americanbankingnews.com

Brokers Issue Forecasts for Brighthouse Financial, Inc.'s Q1 2023 Earnings (NASDAQ:BHF)

April 18, 2023 | americanbankingnews.com

Brokerages Set Brighthouse Financial, Inc. (NASDAQ:BHF) PT at $53.50

April 18, 2023 | americanbankingnews.com

Research Analysts Offer Predictions for Brighthouse Financial, Inc.'s Q2 2023 Earnings (NASDAQ:BHF)

April 16, 2023 | americanbankingnews.com

Brighthouse Financial (NASDAQ:BHF) PT Lowered to $53.00

April 14, 2023 | barrons.com

Life Insurance Stocks Look Cheap and Inviting

See More Headlines

BHF Price History

30 days | 90 days | 365 days | Advanced Chart

BHF Company Calendar

Last Earnings: 5/09/2023
Today: 6/10/2023
Next Earnings (Estimated): 8/03/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Life insurance
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:BHF
Previous Symbol: NYSE:BHF
CUSIP: N/A
CIK: 1685040
Web: www.brighthousefinancial.com
Phone: (980) 365-7100
Fax: N/A
Employees: 1,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $51.38
High Stock Price Forecast: $60.00
Low Stock Price Forecast: $42.00
Forecasted Upside/Downside: +15.7%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($18.72)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 3.17
P/E Growth: N/A
Net Income: $5 million
Net Margins: -16.16%
Pretax Margin: -40.30%
Return on Equity: 11.25%
Return on Assets: 0.35%

Debt

Debt-to-Equity Ratio: 0.54
Current Ratio: 0.78
Quick Ratio: 0.78

Sales & Book Value

Annual Sales: $8.47 billion
Price / Sales: 0.35
Cash Flow: $9.53 per share
Price / Cash Flow: 4.66
Book Value: $87.34 per share
Price / Book: 0.51

Miscellaneous

Outstanding Shares: 66,860,000
Free Float: 66,219,000
Market Cap: $2.97 billion
Optionable: Optionable
Beta: 1.27

Key Executives

Eric Thomas Steigerwalt
President, Chief Executive Officer & Director

Edward A. Spehar
Chief Financial Officer & Executive Vice President

Myles J. Lambert
EVP, Chief Marketing & Distribution Officer

John L. Rosenthal
Chief Investment Officer & Executive VP

Vonda R. Huss
Chief Human Resources Officer & Executive VP

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BHF Stock - Frequently Asked Questions

Should I buy or sell Brighthouse Financial stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brighthouse Financial in the last twelve months. There are currently 8 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BHF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BHF, but not buy additional shares or sell existing shares.
View BHF analyst ratings or view top-rated stocks.
What is Brighthouse Financial's stock price forecast for 2023?: 8 analysts have issued 1 year price targets for Brighthouse Financial's shares. Their BHF share price forecasts range from $42.00 to $60.00. On average, they expect the company's share price to reach $51.38 in the next year. This suggests a possible upside of 15.7% from the stock's current price.
View analysts price targets for BHF or view top-rated stocks among Wall Street analysts.
How have BHF shares performed in 2023?: Brighthouse Financial's stock was trading at $51.27 on January 1st, 2023. Since then, BHF stock has decreased by 13.4% and is now trading at $44.42.
View the best growth stocks for 2023 here.
When is Brighthouse Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our BHF earnings forecast.
How were Brighthouse Financial's earnings last quarter?: Brighthouse Financial, Inc. (NASDAQ:BHF) issued its quarterly earnings data on Tuesday, May, 9th. The company reported $2.86 earnings per share for the quarter, missing analysts' consensus estimates of $3.15 by $0.29. The company earned $1.96 billion during the quarter, compared to the consensus estimate of $2.01 billion. Brighthouse Financial had a negative net margin of 16.16% and a positive trailing twelve-month return on equity of 11.25%. Brighthouse Financial's quarterly revenue was down 8.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.07 earnings per share.
What ETFs hold Brighthouse Financial's stock?: ETFs with the largest weight of Brighthouse Financial (NASDAQ:BHF) stock in their portfolio include Invesco S&P MidCap 400 Pure Value ETF (RFV), Invesco S&P MidCap Value with Momentum ETF (XMVM), SPDR S&P Insurance ETF (KIE), First Trust Financial AlphaDEX Fund (FXO), LeaderShares AlphaFactor US Core Equity ETF (LSAF), Royce Quant Small-Cap Quality Value ETF (SQLV), First Trust Active Factor Mid Cap ETF (AFMC) and iShares U.S. Insurance ETF (IAK).
What is Eric Steigerwalt's approval rating as Brighthouse Financial's CEO?: 86 employees have rated Brighthouse Financial Chief Executive Officer Eric Steigerwalt on Glassdoor.com. Eric Steigerwalt has an approval rating of 90% among the company's employees. 94.0% of employees surveyed would recommend working at Brighthouse Financial to a friend.

What other stocks do shareholders of Brighthouse Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Brighthouse Financial investors own include MetLife (MET), International Business Machines (IBM), Intel (INTC), AT&T (T), CVS Health (CVS), NVIDIA (NVDA), Walmart (WMT), AbbVie (ABBV), Bank of America (BAC) and JPMorgan Chase & Co. (JPM).
What is Brighthouse Financial's stock symbol?: Brighthouse Financial trades on the NASDAQ under the ticker symbol "BHF."
Who are Brighthouse Financial's major shareholders?: Brighthouse Financial's stock is owned by many different institutional and retail investors. Top institutional investors include Dodge & Cox (13.36%), BlackRock Inc. (9.97%), Dimensional Fund Advisors LP (5.69%), Greenlight Capital Inc. (4.67%), State Street Corp (3.24%) and Geode Capital Management LLC (1.53%).
View institutional ownership trends.
How do I buy shares of Brighthouse Financial?: Shares of BHF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Brighthouse Financial's stock price today?: One share of BHF stock can currently be purchased for approximately $44.42.
How much money does Brighthouse Financial make?: Brighthouse Financial (NASDAQ:BHF) has a market capitalization of $2.97 billion and generates $8.47 billion in revenue each year. The company earns $5 million in net income (profit) each year or ($18.72) on an earnings per share basis.
How many employees does Brighthouse Financial have?: The company employs 1,500 workers across the globe.
How can I contact Brighthouse Financial?: Brighthouse Financial's mailing address is 11225 N COMMUNITY HOUSE ROAD, CHARLOTTE NC, 28277. The official website for the company is www.brighthousefinancial.com. The company can be reached via phone at (980) 365-7100 or via email at investor.relations@brighthousefinancial.com.

This page (NASDAQ:BHF) was last updated on 6/10/2023 by MarketBeat.com Staff

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