NASDAQ:BHF

Brighthouse Financial (BHF) Stock Forecast, Price & News

$47.69

-0.20 (-0.42%)

(As of 01:27 PM ET)

Compare

Today's Range: $47.59
▼
$48.34
50-Day Range: $46.61
▼
$54.60
52-Week Range: $39.24
▼
$60.54

Volume: 150,577 shs
Average Volume: 484,025 shs
Market Capitalization: $3.12 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $51.86

Brighthouse Financial MarketRank™ Forecast

Analyst Rating: Reduce
1.86 Rating Score
Upside/Downside: 8.1% Upside
$51.86 Price Target
Short Interest: Healthy
1.99% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.31
Upright™ Environmental Score
News Sentiment: -0.32
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 14.04%
From $15.17 to $17.30 Per Share

Overall MarketRank^™

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

1.77 out of 5 stars

Finance Sector

727th out of 842 stocks

Life Insurance Industry

17th out of 21 stocks

0.9

Analyst's Opinion

Consensus Rating
Brighthouse Financial has received a consensus rating of Reduce. The company's average rating score is 1.86, and is based on no buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $51.86, Brighthouse Financial has a forecasted upside of 8.1% from its current price of $47.98.
Amount of Analyst Coverage
Brighthouse Financial has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.99% 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 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Brighthouse Financial has recently decreased by 10.42%, indicating that investor sentiment is improving 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.

1.5

News and Social Media Coverage

News Sentiment
Brighthouse Financial has a news sentiment score of -0.32. 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 is a lower news sentiment than the 0.84 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Brighthouse Financial this week, compared to 2 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 -50% compared to the previous 30 days.
MarketBeat Follows
3 people have added Brighthouse Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 1.20% of the stock of Brighthouse Financial is held by insiders.
Percentage Held by Institutions
79.77% of the stock of Brighthouse Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Brighthouse Financial are expected to grow by 14.04% in the coming year, from $15.17 to $17.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Brighthouse Financial is -1.39, 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 -1.39, 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 0.55. 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. provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers 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. The Life segment provides term, universal, whole, and variable life products for policyholders' needs for financial security and protected wealth transfer. The Run-off segment manages structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements, and universal life with secondary guarantees. Brighthouse Financial, Inc. was founded in 1863 and is based in Charlotte, North Carolina.

BHF Price History

30 days | 90 days | 365 days | Advanced Chart

BHF Stock News Headlines

September 23, 2023 | americanbankingnews.com

Brighthouse Financial (NASDAQ:BHF) Cut to Sell at The Goldman Sachs Group

September 21, 2023 | msn.com

Goldman Sachs Downgrades Brighthouse Financial (BHF)

September 27, 2023 | Edge On The Street (Ad)

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September 21, 2023 | msn.com

Brighthouse downgraded to Sell at Goldman on disappointing FCF outlook

September 20, 2023 | markets.businessinsider.com

Hold Rating on Brighthouse Financial Maintained Amidst Revised Cash Flow Projections and Modest Stock Uptick

September 14, 2023 | msn.com

Jefferies Maintains Brighthouse Financial (BHF) Hold Recommendation

September 8, 2023 | finance.yahoo.com

The Zacks Analyst Blog Highlights Brighthouse Financial, Reinsurance Group of America, Mercantile Bank, Northeast Community Bancorp, and The Bancorp

September 5, 2023 | finance.yahoo.com

Brighthouse Financial Announces Conference Call to Discuss Its Long-Term Statutory Free Cash Flow Projections

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August 30, 2023 | msn.com

Reasons Why Investors Should Hold Brighthouse Financial (BHF)

August 15, 2023 | markets.businessinsider.com

Wells Fargo Remains a Hold on Brighthouse Financial (BHF)

August 9, 2023 | seekingalpha.com

Brighthouse Financial, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 8, 2023 | markets.businessinsider.com

Wells Fargo Sticks to Their Hold Rating for Brighthouse Financial (BHF)

August 7, 2023 | msn.com

Should You Buy Brighthouse Financial (BHF) Ahead of Earnings?

August 2, 2023 | msn.com

Brighthouse Financial (BHF) Price Target Increased by 5.49% to 52.25

July 17, 2023 | technews.tmcnet.com

Brighthouse Financial Expands Life Insurance Product Suite With Brighthouse SmartGuard Plus?

July 17, 2023 | finance.yahoo.com

Brighthouse Financial Expands Life Insurance Product Suite With Brighthouse SmartGuard Plus℠

July 10, 2023 | finance.yahoo.com

Brighthouse Financial Announces Conference Call to Discuss Second Quarter 2023 Results

July 7, 2023 | markets.businessinsider.com

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

June 16, 2023 | finance.yahoo.com

AEL or BHF: Which Life Insurance Stock Should You Hold Now?

June 14, 2023 | fool.com

Brighthouse Financial (NASDAQ: BHF)

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 7, 2023 | finance.yahoo.com

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

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 10, 2023 | markets.businessinsider.com

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

See More Headlines

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BHF Company Calendar

Last Earnings: 8/09/2023
Today: 9/27/2023
Next Earnings (Estimated): 11/06/2023
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: $51.86
High Stock Price Forecast: $57.00
Low Stock Price Forecast: $43.00
Forecasted Upside/Downside: +8.5%
Consensus Rating: Reduce
Rating Score (0-4): 1.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($34.50)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 3.15
P/E Growth: N/A
Net Income: $5 million
Net Margins: -65.81%
Pretax Margin: -150.50%
Return on Equity: 14.27%
Return on Assets: 0.36%

Debt

Debt-to-Equity Ratio: 0.63
Current Ratio: 0.79
Quick Ratio: 0.79

Sales & Book Value

Annual Sales: $8.47 billion
Price / Sales: 0.37
Cash Flow: $9.45 per share
Price / Cash Flow: 5.06
Book Value: $87.34 per share
Price / Book: 0.55

Miscellaneous

Outstanding Shares: 65,500,000
Free Float: 64,716,000
Market Cap: $3.13 billion
Optionable: Optionable
Beta: 1.32

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Key Executives

Mr. Eric Thomas Steigerwalt (Age 61)
Pres, CEO & Director
Comp: $3.75M

Mr. Edward Allen Spehar Jr. (Age 58)
Exec. VP & CFO
Comp: $1.86M

Mr. John Lloyd Rosenthal (Age 62)
Exec. VP & Chief Investment Officer
Comp: $2.03M

Mr. Myles Joseph Lambert (Age 48)
Exec. VP and Chief Distribution & Marketing Officer
Comp: $1.77M

Ms. Vonda R. Huss (Age 56)
Exec. VP & Chief HR Officer
Comp: $1.15M

Ms. Kristine Hook Toscano (Age 46)
Chief Accounting Officer

Dana Amante
Head of Investor Relations

Ms. Allie Lin
Exec. VP & Gen. Counsel

Mr. David Alan Rosenbaum
Head of Product Strategy and Pricing

Jacob Moishe Jenkelowitz
Corp. Sec.

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?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brighthouse Financial in the last year. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" BHF shares.
View BHF analyst ratings or view top-rated stocks.
What is Brighthouse Financial's stock price forecast for 2023?: 7 brokerages have issued 1-year target prices for Brighthouse Financial's shares. Their BHF share price forecasts range from $43.00 to $57.00. On average, they anticipate the company's stock price to reach $51.86 in the next year. This suggests a possible upside of 8.5% 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 at the start of the year. Since then, BHF shares have decreased by 6.8% and is now trading at $47.80.
View the best growth stocks for 2023 here.
Are investors shorting Brighthouse Financial?: Brighthouse Financial saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,990,000 shares, an increase of 54.3% from the August 31st total of 1,290,000 shares. Based on an average daily volume of 413,400 shares, the short-interest ratio is currently 4.8 days. Currently, 3.1% of the company's shares are short sold.
View Brighthouse Financial's Short Interest.
When is Brighthouse Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our BHF earnings forecast.
How were Brighthouse Financial's earnings last quarter?: Brighthouse Financial, Inc. (NASDAQ:BHF) announced its quarterly earnings data on Wednesday, August, 9th. The company reported $4.13 earnings per share for the quarter, topping analysts' consensus estimates of $3.55 by $0.58. The business had revenue of $263 million for the quarter, compared to the consensus estimate of $2.07 billion. Brighthouse Financial had a negative net margin of 65.81% and a positive trailing twelve-month return on equity of 14.27%. During the same quarter in the previous year, the company posted $3.29 EPS.
What ETFs hold Brighthouse Financial's stock?: ETFs with the largest weight of Brighthouse Financial (NASDAQ:BHF) stock in their portfolio include SPDR S&P Insurance ETF (KIE), Invesco S&P MidCap 400 Pure Value ETF (RFV), Harbor Corporate Culture Small Cap ETF (HAPS), First Trust Financial AlphaDEX Fund (FXO), Syntax Stratified MidCap ETF (SMDY) and iShares U.S. Insurance ETF (IAK).Invesco S&P MidCap 400 GARP ETF (EWMC).
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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.11%), Dimensional Fund Advisors LP (5.36%), State Street Corp (3.30%), Royal Bank of Canada (2.44%), Geode Capital Management LLC (1.55%) and Northern Trust Corp (1.08%).
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 $47.80.
How much money does Brighthouse Financial make?: Brighthouse Financial (NASDAQ:BHF) has a market capitalization of $3.13 billion and generates $8.47 billion in revenue each year. The company earns $5 million in net income (profit) each year or ($34.50) 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 9/27/2023 by MarketBeat.com Staff

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