Brighthouse Financial Inc (NASDAQ: BHF) is 21.75% higher on its value in year-to-date trading and has touched a low of $40.00 and a high of $64.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BHF stock was last observed hovering at around $58.49 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $58.49, the stock is 4.21% and 13.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing 0.00% at the moment leaves the stock 23.48% off its SMA200. BHF registered 10.99% gain for a year compared to 6-month gain of 43.43%. The firm has a 50-day simple moving average (SMA 50) of $51.5752 and a 200-day simple moving average (SMA200) of $47.32095.
The stock witnessed a 25.95% loss in the last 1 month and extending the period to 3 months gives it a 15.80%, and is -1.70% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.68% over the week and 3.86% over the month.
Brighthouse Financial Inc (BHF) has around 1500 employees, a market worth around $3.47B and $6.06B in sales. Current P/E ratio is 11.31 and Fwd P/E is 2.63. Profit margin for the company is 4.72%. Distance from 52-week low is 46.23% and -8.61% from its 52-week high. The company has generated returns on investments over the last 12 months (3.52%).
with sales reaching $2.27B over the same period.The EPS is expected to grow by 1.85% this year, but quarterly earnings will post 4.61% year-over-year. Quarterly sales are estimated to grow 10.93% in year-over-year returns.
The shares outstanding are 59.35M, and float is at 58.77M with Short Float at 1.78%.
The top institutional shareholder in the company is DODGE & COX with over 6.69 million shares valued at $289.89 million. The investor’s holdings represent 10.6109 of the BHF Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.2 million shares valued at $268.88 million to account for 9.8419 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.95 million shares representing 9.44 and valued at over $257.9 million, while DIMENSIONAL FUND ADVISORS LP holds 5.2703 of the shares totaling 3.32 million with a market value of $143.99 million.
Brighthouse Financial Inc (BHF) Insider Activity
The most recent transaction is an insider sale by Rosenthal John, the company’s EVP & Chief Investment Officer. SEC filings show that Rosenthal John sold 10,000 shares of the company’s common stock on Jan 31 ’25 at a price of $61.00 per share for a total of $0.61 million. Following the sale, the insider now owns 66262.0 shares.
Still, SEC filings show that on Dec 03 ’24, Lambert Myles (EVP,Chief Mktg.& Dist. Officer) disposed off 8,400 shares at an average price of $51.70 for $0.43 million. The insider now directly holds 33,407 shares of Brighthouse Financial Inc (BHF).
