Barclays initiated coverage on Brighthouse Financial with a new price target
$BHF
Life Insurance
Finance
Barclays initiated coverage of Brighthouse Financial with a rating of Equal Weight and set a new price target of $48.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/5/2024 | $48.00 | Equal Weight | Barclays |
| 8/12/2024 | $51.00 → $40.00 | Equal Weight → Underweight | Wells Fargo |
| 7/10/2024 | $49.00 → $54.00 | Hold → Buy | Jefferies |
| 6/17/2024 | $48.00 → $47.00 | Underperform → Mkt Perform | Keefe Bruyette |
| 2/23/2024 | $52.00 | Equal-Weight → Underweight | Morgan Stanley |
| 12/15/2023 | $54.00 → $50.00 | Mkt Perform → Underperform | Keefe Bruyette |
| 9/21/2023 | $47.00 → $43.00 | Neutral → Sell | Goldman |
| 2/8/2023 | Mkt Perform | Raymond James |
Brighthouse Financial, Inc. ("Brighthouse Financial" or the "company") (NASDAQ:BHF) announced today that on December 26, 2024, holders of record as of December 10, 2024 (the "Record Date") of (i) its depositary shares (the "Series A Depositary Shares" (Nasdaq: BHFAP)), each representing a 1/1,000th interest in a share of its 6.600% Non-Cumulative Preferred Stock, Series A (the "Series A Preferred Stock"), (ii) its depositary shares (the "Series B Depositary Shares" (Nasdaq: BHFAO)), each representing a 1/1,000th interest in a share of its 6.750% Non-Cumulative Preferred Stock, Series B (the "Series B Preferred Stock"), (iii) its depositary shares (the "Series C Depositary Shares" (Nasdaq: B
Estimated combined risk-based capital ("RBC") ratio between 365% and 385%; holding company liquid assets of $1.3 billion The company repurchased approximately $215 million of its common stock year-to-date through November 1, 2024 Third quarter year-to-date total annuity sales were consistent with the same period in 2023 Third quarter year-to-date total life sales increased 19% compared with the same period in 2023 Third quarter 2024 net income available to shareholders of $150 million, or $2.47 per diluted share Third quarter 2024 adjusted earnings, less notable items* of $243 million, or $3.99 per diluted share Brighthouse Financial, Inc. ("Brighthouse Financial" or the "compa
Brighthouse Financial, Inc. (Brighthouse Financial) (NASDAQ:BHF) announced today that it plans to hold a conference call and audio webcast to discuss its financial results for the third quarter ended September 30, 2024, at 8:00 a.m. Eastern Time on Friday, November 8, 2024. The call will follow the issuance of the Brighthouse Financial third quarter 2024 earnings release and financial supplement on Thursday, November 7, 2024, after market close. To listen to the audio webcast via the internet and to access the related presentation, please visit the Brighthouse Financial Investor Relations webpage at http://investor.brighthousefinancial.com. To join the conference call via telephone as a pa
Jefferies analyst Suneet Kamath maintains Brighthouse Finl (NASDAQ:BHF) with a Buy and raises the price target from $54 to $59.
Jefferies analyst Suneet Kamath upgrades Brighthouse Finl (NASDAQ:BHF) from Hold to Buy and raises the price target from $49 to $54.
8-K/A - Brighthouse Financial, Inc. (0001685040) (Filer)
8-K - Brighthouse Financial, Inc. (0001685040) (Filer)
8-K - Brighthouse Financial, Inc. (0001685040) (Filer)
Barclays initiated coverage of Brighthouse Financial with a rating of Equal Weight and set a new price target of $48.00
Wells Fargo downgraded Brighthouse Financial from Equal Weight to Underweight and set a new price target of $40.00 from $51.00 previously
Jefferies upgraded Brighthouse Financial from Hold to Buy and set a new price target of $54.00 from $49.00 previously
SC 13G/A - Brighthouse Financial, Inc. (0001685040) (Subject)
SC 13G/A - Brighthouse Financial, Inc. (0001685040) (Subject)
SC 13G/A - Brighthouse Financial, Inc. (0001685040) (Subject)
4 - Brighthouse Financial, Inc. (0001685040) (Issuer)
Brighthouse Financial, Inc. ("Brighthouse Financial" or the "Company") (NASDAQ:BHF) announced that today its Board of Directors (the "Board") appointed Michael J. ("Mike") Inserra and Lizabeth H. Zlatkus as independent members of the Board. Mr. Inserra and Ms. Zlatkus were also each designated by the Board as an "audit committee financial expert" under applicable U.S. Securities and Exchange Commission rules and appointed to serve on the Audit Committee. In addition, Mr. Inserra was appointed to serve on the Investment Committee, and Ms. Zlatkus was appointed to serve on the Finance and Risk Committee. "Mike and Lizabeth each bring valuable experience in the insurance and financial servic
Lendbuzz, an AI-based financial technology company that helps consumers obtain fair access to credit when purchasing a vehicle, today announced that it has added Diane Offereins to its board of directors. Ms. Offereins—who brings to the board more than 35 years of experience in the Financial Services industry— spent much of her storied career at Discover Financial Services, where she recently retired as the Executive Vice President, President Payment Services, having served in a variety of leadership roles at the company since 1998. As a member of Discover's executive committee, she helped drive the firm's strategic direction, flagship initiatives, and helped to shape the company's cultur
BRADENTON, Fla., July 19, 2023 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the appointment of Irene Chang Britt to its Board of Directors, effective immediately. Ms. Chang Britt is an experienced independent board director and former Fortune 500 C-suite executive, who currently serves on the boards of established businesses and start-up companies representing a variety of industries, including retail, CPG, e-commerce and lifestyle. "We are thrilled to welcome Irene to the Board of Directors of First Watch, and I'm confident that our company wil
4 - Brighthouse Financial, Inc. (0001685040) (Issuer)
3 - Brighthouse Financial, Inc. (0001685040) (Issuer)
4 - Brighthouse Financial, Inc. (0001685040) (Issuer)
Brighthouse Financial, Inc. ("Brighthouse Financial" or the "company") (NASDAQ:BHF) announced today that on December 26, 2024, holders of record as of December 10, 2024 (the "Record Date") of (i) its depositary shares (the "Series A Depositary Shares" (Nasdaq: BHFAP)), each representing a 1/1,000th interest in a share of its 6.600% Non-Cumulative Preferred Stock, Series A (the "Series A Preferred Stock"), (ii) its depositary shares (the "Series B Depositary Shares" (Nasdaq: BHFAO)), each representing a 1/1,000th interest in a share of its 6.750% Non-Cumulative Preferred Stock, Series B (the "Series B Preferred Stock"), (iii) its depositary shares (the "Series C Depositary Shares" (Nasdaq: B
Brighthouse Financial, Inc. ("Brighthouse Financial" or the "company") (NASDAQ:BHF) announced today that it has completed a reinsurance transaction with a third party to reinsure a legacy block of the company's fixed and payout annuities. The transaction was previously discussed on the company's earnings call for the quarter ended September 30, 2024, which was held on the morning of November 8, 2024. "This transaction reflects our ongoing progress against several strategic initiatives designed to improve capital efficiency, unlock capital and return to our target combined risk-based capital, or RBC, ratio range in normal market conditions," said Eric Steigerwalt, president and CEO, Brighth
Estimated combined risk-based capital ("RBC") ratio between 365% and 385%; holding company liquid assets of $1.3 billion The company repurchased approximately $215 million of its common stock year-to-date through November 1, 2024 Third quarter year-to-date total annuity sales were consistent with the same period in 2023 Third quarter year-to-date total life sales increased 19% compared with the same period in 2023 Third quarter 2024 net income available to shareholders of $150 million, or $2.47 per diluted share Third quarter 2024 adjusted earnings, less notable items* of $243 million, or $3.99 per diluted share Brighthouse Financial, Inc. ("Brighthouse Financial" or the "compa