Brighthouse FinancialBHF
BHF
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 6,823 funds
0
Analysts bullish %
of 4 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: $2.16B [Q2] → $2.1B (-$63.2M) [Q3]
6% less call options, than puts
Call options by funds: $4.49M | Put options by funds: $4.76M
3.51% less ownership
Funds ownership: 80.51% [Q2] → 77.01% (-3.51%) [Q3]
4% less funds holding
Funds holding: 425 [Q2] → 408 (-17) [Q3]
24% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 51
36% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 138
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$41
19%
downside
Avg. target
$50
1%
downside
High target
$56
11%
upside
4 analyst ratings
0 positive
0%
2 neutral
50%
2 negative
50%
Wells Fargo Elyse Greenspan 67% 1-year accuracy 70 / 105 met price target | 19%downside $41 | Underweight Maintained | 14 Jan 2025 |
JP Morgan Jimmy Bhullar 51% 1-year accuracy 19 / 37 met price target | 11%upside $56 | Underweight Maintained | 7 Jan 2025 |
Piper Sandler John Barnidge 78% 1-year accuracy 31 / 40 met price target | 3%upside $52 | Neutral Maintained | 18 Dec 2024 |
Barclays Alex Scott 56% 1-year accuracy 38 / 68 met price target | 3%upside $52 | Equal-Weight Maintained | 16 Dec 2024 |
Financial journalist opinion
Based on 3 articles about BHF published over the past 30 days
Positive
Zacks Investment Research
6 days ago
BHF Stock Trading at Discount to Industry at 0.49X: Time to Buy?
Brighthouse Financial stock gains on the back of higher annuity and life insurance sales, a high-quality portfolio, financial flexibility and prudent capital deployment.
Neutral
Business Wire
1 week ago
Brighthouse Financial Announces Conference Call to Discuss Fourth Quarter and Full Year 2024 Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Brighthouse Financial, Inc. (Brighthouse Financial) (Nasdaq: BHF) announced today that it plans to hold a conference call and audio webcast to discuss its financial results for the fourth quarter and full year ended December 31, 2024, at 8:00 a.m. Eastern Time on Wednesday, February 12, 2025. The call will follow the issuance of the Brighthouse Financial fourth quarter and full year 2024 earnings release and financial supplement on Tuesday, February 11, 2025, a.
Neutral
Business Wire
1 week ago
AM Best Revises Issuer Credit Rating Outlook to Negative for Brighthouse Financial, Inc. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of Brighthouse Life Insurance Company (headquartered in Charlotte, NC), New England Life Insurance Company (Boston, MA) and Brighthouse Life Insurance Company of NY (New York, NY). These entities are collectively referred to as Brighthouse and a.
Positive
Zacks Investment Research
1 month 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
1 month 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
2 months 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
2 months 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
2 months 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
2 months 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
2 months 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.
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