News headlines about Brighthouse Financial (NASDAQ:BHF) have been trending somewhat positive on Friday, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Brighthouse Financial earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.6942679392 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several research analysts have recently commented on BHF shares. Wells Fargo & Co lowered their price objective on shares of Brighthouse Financial from $55.00 to $50.00 and set a “market perform” rating for the company in a research note on Tuesday, June 19th. They noted that the move was a valuation call. Morgan Stanley lowered their price objective on shares of Brighthouse Financial from $60.00 to $58.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 11th. B. Riley lowered their price objective on shares of Brighthouse Financial from $59.00 to $49.00 and set a “neutral” rating for the company in a research note on Monday, July 16th. Evercore ISI raised shares of Brighthouse Financial from an “in-line” rating to an “outperform” rating and set a $68.00 price objective for the company in a research note on Friday, June 29th. Finally, Citigroup reissued a “neutral” rating on shares of Brighthouse Financial in a research note on Thursday, June 28th. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the stock. Brighthouse Financial currently has a consensus rating of “Hold” and a consensus price target of $57.93.
Shares of NASDAQ:BHF opened at $40.21 on Friday. The company has a market capitalization of $4.95 billion and a P/E ratio of 6.41. Brighthouse Financial has a fifty-two week low of $39.24 and a fifty-two week high of $67.55. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.46 and a current ratio of 0.46.
Brighthouse Financial (NASDAQ:BHF) last issued its earnings results on Monday, August 6th. The company reported $1.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.96 by ($0.69). The firm had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.05 billion. Brighthouse Financial had a negative net margin of 7.88% and a positive return on equity of 5.58%. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. analysts predict that Brighthouse Financial will post 8.23 earnings per share for the current fiscal year.
About Brighthouse Financial
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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