Brighthouse Financial, Inc. provides a range of annuity and life insurance products in the United States. The company operates through three segments: Annuities, Life, and Run-off. It 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; and term, whole, universal, and variable life insurance products for policyholders' needs for financial security and protected wealth transfer. The company was founded in 2016 and is headquartered in Charlotte, North Carolina.
Industry, Sector and Symbol
Industry Life insurance
Sub-IndustryN/A
SectorFinance
Phone980-365-7100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.84 billion
Profitability
Miscellaneous
Employees1,260
OptionableOptionable
Brighthouse Financial (NASDAQ:BHF) Frequently Asked Questions
What is Brighthouse Financial's stock symbol?
Brighthouse Financial trades on the NASDAQ under the ticker symbol "BHF."
How were Brighthouse Financial's earnings last quarter?
Brighthouse Financial Inc (NASDAQ:BHF) announced its earnings results on Monday, November, 5th. The company reported $2.23 earnings per share for the quarter, beating the consensus estimate of $2.19 by $0.04. The firm earned $1.42 billion during the quarter, compared to the consensus estimate of $2.05 billion. Brighthouse Financial had a return on equity of 5.49% and a net margin of 1.33%. During the same quarter in the prior year, the company earned $3.31 EPS. View Brighthouse Financial's Earnings History.
When is Brighthouse Financial's next earnings date?
How can I listen to Brighthouse Financial's earnings call?
Brighthouse Financial will be holding an earnings conference call on Tuesday, February 12th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8443589117.
What guidance has Brighthouse Financial issued on next quarter's earnings?
Brighthouse Financial updated its FY18 earnings guidance on Monday, December, 3rd. The company provided earnings per share (EPS) guidance of $8.50-9.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.04.
What price target have analysts set for BHF?
11 analysts have issued 12-month target prices for Brighthouse Financial's stock. Their predictions range from $35.00 to $68.00. On average, they anticipate Brighthouse Financial's stock price to reach $53.2727 in the next twelve months. This suggests a possible upside of 49.7% from the stock's current price. View Analyst Price Targets for Brighthouse Financial.
What is the consensus analysts' recommendation for Brighthouse Financial?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brighthouse Financial in the last year. There are currently 1 sell rating, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brighthouse Financial.
What are Wall Street analysts saying about Brighthouse Financial stock?
Here are some recent quotes from research analysts about Brighthouse Financial stock:
- 1. According to Zacks Investment Research, "Shares of Brighthouse Financial have underperformed its industry in a year. Increasing expenses could weigh on margin expansion. Higher leverage coupled with lower interest coverage raises concerns. A Zacks Rank #4 and an Earnings ESP of 0.00% makes surprise prediction difficult as it reports fourth quarter results on Feb 11. Nonetheless, Brighthouse Financial is poised to benefit from growth opportunities offered by the largest individual insurance market in the world, given its expansive and compelling suite of life and annuity products and a strong market presence. Focus on gradually exiting TSAs should lower costs. It is revamping the life insurance business to ramp up annuity sales. Banking on operational efficiency, the company estimates adjusted earnings per share in the $8.50-$9.00 range in 2018. By repositioning investment portfolio, expense reduction and capital deployment, it projects ROE of 8%." (1/21/2019)
- 2. Wells Fargo & Co analysts commented, "We still believe the central issue on the stock is when BHF will reach a variable annuity (VA) asset level equal to CTE95 plus $3 billion, because at that point the company can begin returning capital. The S&P 500 is down for the year (-0.66% YTD) and the increased volatility in equity markets could correspond with increase hedge costs and breakage likelihood but we expect the current variable annuity asset level should still be flat to slightly positive versus the level at year-end 2017 given much higher interest rates (UST 10-year at 2.86% versus 2.43% at the end of December 2017). We expect BHF will update its sensitivity tables versus equity and interest rate in its 10-K filing at the latest. What we liked. 1) Annuity sales were up 32.7% year-over-year and on 26.3% on a linked quarter basis. 2) Variable annuity asset level increased to CTE95 plus $2.6 billion, closer to its goal of CTE95 plus $3.0 billion." (2/12/2018)
Has Brighthouse Financial been receiving favorable news coverage?
Media headlines about BHF stock have trended very positive on Tuesday, InfoTrie reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Brighthouse Financial earned a coverage optimism score of 3.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Are investors shorting Brighthouse Financial?
Brighthouse Financial saw a decrease in short interest in December. As of December 31st, there was short interest totalling 6,173,788 shares, a decrease of 24.4% from the December 14th total of 8,167,553 shares. Based on an average trading volume of 1,924,548 shares, the days-to-cover ratio is currently 3.2 days. Approximately 5.2% of the company's shares are sold short. View Brighthouse Financial's Current Options Chain.
Who are some of Brighthouse Financial's key competitors?
Some companies that are related to Brighthouse Financial include HANNOVER RUECK/S (HVRRY), AEGON (AEG), Lincoln National (LNC), Reinsurance Group of America (RGA), Torchmark (TMK), Scor (SCRYY), Athene (ATH), SONY FINL HOLDI/ADR (SNYFY), Voya Financial (VOYA), Primerica (PRI), American National Insurance (ANAT), American Equity Investment Life (AEL), Genworth Financial (GNW), FBL Financial Group (FFG) and FGL (FG).
Who are Brighthouse Financial's key executives?
Brighthouse Financial's management team includes the folowing people:
- Mr. Eric Thomas Steigerwalt, Pres, CEO & Director (Age 56)
- Mr. Anant Bhalla, Exec. VP & CFO (Age 40)
- Mr. John Lloyd Rosenthal, Exec. VP & Chief Investment Officer (Age 57)
- Ms. Christine Marie DeBiase, Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 50)
- Mr. Peter Martin Carlson CPA, Special Advisor to CEO (Age 54)
Who are Brighthouse Financial's major shareholders?
Brighthouse Financial's stock is owned by a number of of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.03%), Diligent Investors LLC (0.02%), Fruth Investment Management (0.02%), Nisa Investment Advisors LLC (0.01%), Fox Run Management L.L.C. (0.01%) and Virtu Financial LLC (0.01%). Company insiders that own Brighthouse Financial stock include C Edward Chaplin, Lynn A Dumais and Metlife Inc. View Institutional Ownership Trends for Brighthouse Financial.
Which institutional investors are selling Brighthouse Financial stock?
Which institutional investors are buying Brighthouse Financial stock?
How do I buy shares of Brighthouse Financial?
Shares of BHF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Brighthouse Financial's stock price today?
One share of BHF stock can currently be purchased for approximately $35.58.
How big of a company is Brighthouse Financial?
Brighthouse Financial has a market capitalization of $4.22 billion and generates $6.84 billion in revenue each year. Brighthouse Financial employs 1,260 workers across the globe.
What is Brighthouse Financial's official website?
How can I contact Brighthouse Financial?
Brighthouse Financial's mailing address is 11225 N COMMUNITY HOUSE ROAD, CHARLOTTE NC, 28277. The company can be reached via phone at 980-365-7100 or via email at [email protected]
MarketBeat Community Rating for Brighthouse Financial (NASDAQ BHF)
MarketBeat's community ratings are surveys of what our community members think about Brighthouse Financial and other stocks. Vote "Outperform" if you believe BHF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BHF will underperform the S&P 500 over the long term. You may vote once every thirty days.
