Brighthouse Financial (NASDAQ:BHF) – Equities research analysts at B. Riley issued their Q1 2018 earnings per share (EPS) estimates for Brighthouse Financial in a report released on Monday, April 16th. B. Riley analyst R. Binner forecasts that the company will post earnings of $1.96 per share for the quarter.
Brighthouse Financial (NASDAQ:BHF) last released its quarterly earnings results on Monday, February 12th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $2.10 by ($1.73). The company had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $2.01 billion. The company’s revenue for the quarter was up 240.0% compared to the same quarter last year.
BHF has been the topic of several other reports. Zacks Investment Research lowered Brighthouse Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, March 20th. BidaskClub lowered Brighthouse Financial from a “hold” rating to a “sell” rating in a research report on Friday, February 9th. Sandler O’Neill set a $53.00 price target on Brighthouse Financial and gave the stock a “hold” rating in a research report on Monday, April 2nd. JPMorgan Chase lowered Brighthouse Financial from a “neutral” rating to an “underweight” rating and set a $61.00 price target on the stock. in a research report on Tuesday, January 2nd. Finally, Citigroup reissued a “sell” rating on shares of Brighthouse Financial in a research report on Thursday, February 22nd. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $65.13.
Brighthouse Financial stock opened at $51.50 on Tuesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.45 and a current ratio of 0.45. Brighthouse Financial has a one year low of $49.05 and a one year high of $75.00.
An institutional investor recently bought a new position in Brighthouse Financial stock. Elkfork Partners LLC purchased a new stake in Brighthouse Financial (NASDAQ:BHF) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 5,296 shares of the company’s stock, valued at approximately $310,000. Institutional investors own 84.59% of the company’s stock.
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Brighthouse Financial Company Profile
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.
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