Brighthouse Financial
About: Brighthouse Financial Inc is a United States-based provider of annuity products and life insurance through independent distribution channels and marketing arrangements with distribution partners. Its segments are Annuities, Life, and Run-off. It derives a majority of the revenue from the Annuities segment which includes variable, fixed, index-linked, and income annuities. The life segment includes variable, term, universal, and whole life policies.
Employees: 1,500
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
3% less capital invested
Capital invested by funds: $2.15B [Q2] → $2.09B (-$62.6M) [Q3]
3.48% less ownership
Funds ownership: 80.22% [Q2] → 76.73% (-3.48%) [Q3]
4% less funds holding
Funds holding: 425 [Q2] → 408 (-17) [Q3]
19% less call options, than puts
Call options by funds: $3.74M | Put options by funds: $4.63M
30% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 56
36% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 138
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$41
15%
downside
Avg. target
$48
1%
upside
High target
$52
8%
upside
3 analyst ratings
0 positive
0%
2 neutral
67%
1 negative
33%
Piper Sandler John Barnidge 68% 1-year accuracy 28 / 41 met price target | 8%upside $52 | Neutral Maintained | 18 Dec 2024 |
Barclays Alex Scott 56% 1-year accuracy 32 / 57 met price target | 8%upside $52 | Equal-Weight Maintained | 16 Dec 2024 |
Wells Fargo Elyse Greenspan 57% 1-year accuracy 52 / 91 met price target | 15%downside $41 | Underweight Maintained | 10 Oct 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
1 week ago
Brighthouse Financial Rises 21.7% in 3 Months: Will the Rally Last?
BHF rides on higher annuity and life insurance sales, high-quality portfolio, financial flexibility and effective capital deployment.
Neutral
Zacks Investment Research
3 weeks ago
Is the Options Market Predicting a Spike in Brighthouse Financial (BHF) Stock?
Investors need to pay close attention to Brighthouse Financial (BHF) stock based on the movements in the options market lately.
Neutral
Business Wire
1 month ago
Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions
CHARLOTTE, N.C.--(BUSINESS WIRE)--Brighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today that on December 26, 2024, holders of record as of December 10, 2024 (the “Record Date”) of (i) its depositary shares (the “Series A Depositary Shares” (Nasdaq: BHFAP)), each representing a 1/1,000th interest in a share of its 6.600% Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”), (ii) its depositary shares (the “Series B Depositary Sh.
Negative
Seeking Alpha
1 month ago
Brighthouse Financial: Capital Generation Remains Concerning
Brighthouse Financial has had a disappointing performance, gaining 12% but underperforming the market, with volatile shares due to mixed quarterly results. BHF's capital generation remains problematic, constraining potential returns. Management is addressing issues, but uncertainty persists, impacting profitability and growth. The company is considering reinsurance to improve its capital ratio, trading off short-term profitability for capital strength.
Neutral
Business Wire
1 month ago
Brighthouse Financial Announces Completion of Reinsurance Transaction
CHARLOTTE, N.C.--(BUSINESS WIRE)--Brighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today that it has completed a reinsurance transaction with a third party to reinsure a legacy block of the company's fixed and payout annuities. The transaction was previously discussed on the company's earnings call for the quarter ended September 30, 2024, which was held on the morning of November 8, 2024. “This transaction reflects our ongoing progress against seve.
Negative
Zacks Investment Research
1 month ago
Brighthouse Q3 Earnings and Revenues Miss, Expenses Rise Y/Y
BHF's third-quarter results reflect higher expenses, partially offset by higher net investment income.
Neutral
Seeking Alpha
1 month ago
Brighthouse Financial, Inc. (BHF) Q3 2024 Earnings Call Transcript
Brighthouse Financial, Inc. (NASDAQ:BHF ) Q3 2024 Earnings Conference Call November 8, 2024 8:00 AM ET Company Participants Dana Amante - Head of Investor Relations Eric Steigerwalt - President & Chief Executive Officer Ed Spehar - Chief Financial Officer David Rosenbaum - Head of Products & Underwriting Conference Call Participants Suneet Kamath - Jefferies Ryan Krueger - KBW John Barnidge - Piper Sandler Alex Scott - Barclays Wes Carmichael - Autonomous Research Operator Good morning, ladies and gentlemen, and welcome to Brighthouse Financial's Third Quarter 2024 Earnings Conference Call. My name is Michelle, and I will be your coordinator today.
Neutral
Zacks Investment Research
1 month ago
Brighthouse Financial (BHF) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Brighthouse Financial (BHF) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
1 month ago
Brighthouse Financial (BHF) Misses Q3 Earnings and Revenue Estimates
Brighthouse Financial (BHF) came out with quarterly earnings of $3.99 per share, missing the Zacks Consensus Estimate of $4.50 per share. This compares to earnings of $4.18 per share a year ago.
Neutral
Business Wire
1 month ago
Brighthouse Financial Announces Third Quarter 2024 Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Brighthouse Financial, Inc. ("Brighthouse Financial" or the "company") (Nasdaq: BHF) announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Results The company reported net income available to shareholders of $150 million in the third quarter of 2024, or $2.47 per diluted share, compared with net income available to shareholders of $453 million in the third quarter of 2023. The company anticipates volatility in.
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