Latest news with #BrighthouseFinancial
CNBC
2 days ago
- Business
- CNBC
Lightning Round: Palantir is going to $200, says Jim Cramer
'Mad Money' host Jim Cramer weighs in on stocks including: Palantir, Brighthouse Financial, Hecla Mining, Universal Technical Institute, and Grindr.
CNBC
2 days ago
- Business
- CNBC
Cramer's Lightning Round: Chubb over Brighthouse Financial
Brighthouse Financial: "I'm worried about Brighthouse Financial...I prefer Chubb." Hecla Mining: "I just don't think it's a high quality mine." Universal Technical Institute: "I think that technical schools are the way of the future." Grindr: "I like affinity social was losing a lot of money, it's expected to make a lot of money next year, so I think it's a very good level to buy Grindr." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest
Business Insider
5 days ago
- Business
- Business Insider
RBC Capital Remains a Hold on Brighthouse Financial (BHF)
In a report released yesterday, Mark Dwelle from RBC Capital maintained a Hold rating on Brighthouse Financial, with a price target of $74.00. The company's shares closed yesterday at $50.21. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Dwelle is ranked #99 out of 9862 analysts. In addition to RBC Capital, Brighthouse Financial also received a Hold from Wells Fargo's Elyse Greenspan in a report issued on July 10. However, on July 14, Morgan Stanley maintained a Sell rating on Brighthouse Financial (NASDAQ: BHF).
Yahoo
17-07-2025
- Business
- Yahoo
Strength Seen in Brighthouse Financial (BHF): Can Its 6.2% Jump Turn into More Strength?
Brighthouse Financial (BHF) shares soared 6.2% in the last trading session to close at $50.27. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18.5% loss over the past four weeks. Brighthouse Financial is reportedly to be acquired. Per media reports an investment firm Aquarian Holdings is close to buying the life insurer. This news likely have fueled price appreciation for the stock. Brighthouse is also revamping its life insurance business to boost annuity sales. The insurer remains focused on transitioning the business mix to less capital-intensive Financial is poised to benefit from growth opportunities, given its expansive and compelling suite of life and annuity products and a strong market presence. It aims to become a premier player in the enhanced financial strength and flexibility, the company remains committed to returning capital to shareholders and intends to maintain an opportunistic share repurchase program to create significant value for the shareholders. This annuity and life insurance company is expected to post quarterly earnings of $4.70 per share in its upcoming report, which represents a year-over-year change of -15.6%. Revenues are expected to be $2.2 billion, down 0.7% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For Brighthouse Financial, the consensus EPS estimate for the quarter has been revised 1.1% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on BHF going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Brighthouse Financial is part of the Zacks Insurance - Life Insurance industry. Primerica (PRI), another stock in the same industry, closed the last trading session 1.2% higher at $263.57. PRI has returned 1.1% in the past month. Primerica's consensus EPS estimate for the upcoming report has changed +0.4% over the past month to $5.18. Compared to the company's year-ago EPS, this represents a change of +10%. Primerica currently boasts a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Brighthouse Financial, Inc. (BHF) : Free Stock Analysis Report Primerica, Inc. (PRI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
17-07-2025
- Business
- Wall Street Journal
Aquarian Nears Deal for U.S. Insurer Brighthouse
Investment firm Aquarian Holdings is in exclusive talks to acquire the U.S. life insurance company Brighthouse Financial BHF 6.23%increase; green up pointing triangle, according to people familiar with the matter. A deal could be completed in the coming weeks, the people said, granted the talks don't hit any last-minute hurdles. It would mark the end of a competitive process for Brighthouse, which has drawn interest from a number of other big private-equity firms.
