Media headlines about Brighthouse Financial (NASDAQ:BHF) have been trending positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Brighthouse Financial earned a media sentiment score of 0.29 on Accern’s scale. Accern also gave media coverage about the company an impact score of 44.992964845424 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have impacted Accern’s scoring:
NASDAQ:BHF traded down $0.43 during mid-day trading on Friday, reaching $51.53. The stock had a trading volume of 582,255 shares, compared to its average volume of 682,820. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.45 and a current ratio of 0.45. Brighthouse Financial has a twelve month low of $49.05 and a twelve month high of $75.00.
Brighthouse Financial (NASDAQ:BHF) last announced its quarterly earnings data on Monday, February 12th. The company reported $0.37 EPS for the quarter, missing the Zacks’ consensus estimate of $2.10 by ($1.73). The company had revenue of $1.88 billion for the quarter, compared to analysts’ expectations of $2.01 billion. Brighthouse Financial’s quarterly revenue was up 240.0% on a year-over-year basis. research analysts forecast that Brighthouse Financial will post 8.73 EPS for the current fiscal year.
BHF has been the subject of several recent research reports. Wells Fargo set a $64.00 target price on shares of Brighthouse Financial and gave the stock a “hold” rating in a research note on Monday, February 12th. Zacks Investment Research downgraded shares of Brighthouse Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, March 20th. Citigroup reiterated a “sell” rating on shares of Brighthouse Financial in a research note on Thursday, February 22nd. JPMorgan Chase downgraded shares of Brighthouse Financial from a “neutral” rating to an “underweight” rating and set a $61.00 target price for the company. in a research note on Tuesday, January 2nd. Finally, Deutsche Bank initiated coverage on shares of Brighthouse Financial in a research note on Tuesday, January 2nd. They set a “buy” rating and a $70.00 target price for the company. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $65.13.
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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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