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
Stock Exchange NASDAQ
Industry Life insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:BHF
Previous SymbolNYSE:BHF
CUSIPN/A
Phone980-365-7100
Debt
Debt-to-Equity Ratio0.31
Current Ratio0.46
Quick Ratio0.46
Price-To-Earnings
Trailing P/E Ratio5.30
Forward P/E Ratio3.97
P/E Growth0.43
Sales & Book Value
Annual Sales$6.84 billion
Price / Sales0.55
Cash FlowN/A
Price / Cash FlowN/A
Book Value$121.73 per share
Price / Book0.26
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-378,000,000.00
Net Margins1.33%
Return on Equity5.49%
Return on Assets0.34%
Miscellaneous
Employees1,260
Outstanding Shares118,600,000
Market Cap$3.92 billion
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) issued its earnings results on Monday, November, 5th. The company reported $2.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.19 by $0.04. The company earned $1.42 billion during the quarter, compared to analysts' expectations of $2.05 billion. Brighthouse Financial had a return on equity of 5.49% and a net margin of 1.33%. During the same period in the prior year, the business earned $3.31 EPS. View Brighthouse Financial's Earnings History.
When is Brighthouse Financial's next earnings date?
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 EPS guidance of $8.50-9.00 for the period, compared to the Thomson Reuters consensus estimate of $8.04.
What price target have analysts set for BHF?
13 brokers have issued 12 month price objectives for Brighthouse Financial's stock. Their forecasts range from $35.00 to $70.00. On average, they expect Brighthouse Financial's share price to reach $55.1538 in the next year. This suggests a possible upside of 72.7% from the stock's current price. View Analyst Price Targets for Brighthouse Financial.
What is the consensus analysts' recommendation for Brighthouse Financial?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brighthouse Financial in the last year. There are currently 2 sell ratings, 9 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, "Brighthouse Financial, Inc. provides life insurance and annuity solutions primarily in the United States. The Company offers shield, variable, guaranteed, income, and fixed annuities as well as life insurance, retirement planning and financial advisory services. Brighthouse Financial, Inc. is based in Charlotte, North Carolina. " (5/21/2018)
- 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?
News headlines about BHF stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Brighthouse Financial earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the near future.
Who are some of Brighthouse Financial's key competitors?
Some companies that are related to Brighthouse Financial include Lincoln National (LNC), AEGON (AEG), Reinsurance Group of America (RGA), Torchmark (TMK), Scor (SCRYY), SONY Finl HOLDI/ADR (SNYFY), Athene (ATH), Voya Financial (VOYA), Primerica (PRI), American National Insurance (ANAT), American Equity Investment Life (AEL), Genworth Financial (GNW), FBL Financial Group (FFG), FGL (FG) and National Western Life Group (NWLI).
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 Vanguard Group Inc. (10.50%), Vanguard Group Inc (10.50%), BlackRock Inc. (8.92%), Diamond Hill Capital Management Inc. (5.52%), Franklin Resources Inc. (4.12%) and Dodge & Cox (3.25%). 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 major investors are selling Brighthouse Financial stock?
BHF stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Scoggin Management LP, WINTON GROUP Ltd, United Services Automobile Association, Deutsche Bank AG, Panagora Asset Management Inc., Veritable L.P. and Diligent Investors LLC. View Insider Buying and Selling for Brighthouse Financial.
Which major investors are buying Brighthouse Financial stock?
BHF stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Diamond Hill Capital Management Inc., Jennison Associates LLC, Bank of New York Mellon Corp, Franklin Resources Inc., FMR LLC, State of New Jersey Common Pension Fund D and Dimensional Fund Advisors LP. View Insider Buying and Selling for Brighthouse Financial.
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 $31.93.
How big of a company is Brighthouse Financial?
Brighthouse Financial has a market capitalization of $3.92 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.
