Somewhat Positive News Coverage Somewhat Unlikely to Affect Brighthouse Financial (BHF) Stock Price

Headlines about Brighthouse Financial (NASDAQ:BHF) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brighthouse Financial earned a coverage optimism score of 0.25 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.6942679392 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

NASDAQ BHF opened at $40.79 on Friday. Brighthouse Financial has a 52-week low of $39.24 and a 52-week high of $67.55. The company has a market capitalization of $4.82 billion and a PE ratio of 6.23. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.27.

Brighthouse Financial (NASDAQ:BHF) last released its quarterly earnings data on Monday, August 6th. The company reported $1.27 EPS for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.69). Brighthouse Financial had a positive return on equity of 5.58% and a negative net margin of 7.88%. The firm had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.05 billion. The business’s quarterly revenue was down .7% compared to the same quarter last year. sell-side analysts predict that Brighthouse Financial will post 8.23 EPS for the current fiscal year.

Several research firms recently issued reports on BHF. Wells Fargo & Co cut their price target on shares of Brighthouse Financial from $55.00 to $50.00 and set a “market perform” rating on the stock in a report on Tuesday, June 19th. They noted that the move was a valuation call. Morgan Stanley cut their price target on shares of Brighthouse Financial from $60.00 to $58.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 11th. B. Riley cut their price target on shares of Brighthouse Financial from $59.00 to $49.00 and set a “neutral” rating on the stock in a report on Monday, July 16th. Evercore ISI upgraded shares of Brighthouse Financial from an “in-line” rating to an “outperform” rating and set a $68.00 target price for the company in a research note on Friday, June 29th. Finally, Citigroup restated a “neutral” rating on shares of Brighthouse Financial in a research report on Thursday, June 28th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $57.57.

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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