Brighthouse Financial Inc (BHF) looking to reclaim success with recent performance

With 0.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.38 million shares. During the session, the Insurance – Life company that operates in wider Financial sector, reached to the highest price of $52.69 whereas the lowest price it dropped to was $50.91. The 52-week range on BHF shows that it touched its highest point at $56.24 and its lowest point at $40.00 during that stretch. It currently has a 1-year price target of $48.00. Beta for the stock currently stands at 1.06.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BHF was up-trending over the past week, with a rise of 8.01%, but this was up by 13.11% over a month. Three-month performance surged to 21.76% while six-month performance rose 9.71%. The stock gained 6.37% in the past year, while it has lost -3.46% so far this year. A look at the trailing 12-month EPS for BHF yields -15.90 with Next year EPS estimates of 20.00. For the next quarter, that number is 4.54. This implies an EPS growth rate of -11.87% for this year and 54.40% for next year.

Float and Shares Shorts:

At present, 63.50 million BHF shares are outstanding with a float of 60.09 million shares on hand for trading. On 2024-10-15, short shares totaled 0.9 million, which was 147.0 higher than short shares on 1726185600. In addition to Mr. Eric Thomas Steigerwalt as the firm’s President, CEO & Director, Mr. Edward Allen Spehar Jr. serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.82774 of BHF’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BHF since 5 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BHF analysts setting a high price target of 58.0 and a low target of 38.0, the average target price over the next 12 months is 46.86. Based on these targets, BHF could surge 13.53% to reach the target high and fall by -25.62% to reach the target low. Reaching the average price target will result in a decline of -8.28% from current levels.

Analysts have provided yearly estimates in a range of $13.19193 being high and $12.6359 being low. For BHF, this leads to a yearly average estimate of $12.95562. The surprise factor in the prior quarter was $3.87. Based on analyst estimates, the high estimate for the next quarter is $4.88 and the low estimate is $4.29. The average estimate for the next quarter is thus $4.55.