FY2025 EPS Estimates for Bread Financial Holdings, Inc. (NYSE:BFH) Reduced by Seaport Res Ptn

Bread Financial Holdings, Inc. (NYSE:BFH) – Research analysts at Seaport Res Ptn dropped their FY2025 earnings estimates for shares of Bread Financial in a research report issued on Friday, April 26th. Seaport Res Ptn analyst W. Ryan now anticipates that the company will post earnings of $7.50 per share for the year, down from their previous estimate of $7.55. The consensus estimate for Bread Financial’s current full-year earnings is $6.56 per share.

A number of other research firms have also issued reports on BFH. Wolfe Research raised shares of Bread Financial from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company in a research note on Thursday, April 4th. Evercore ISI downgraded shares of Bread Financial from an “in-line” rating to an “underperform” rating and boosted their price target for the stock from $29.00 to $33.00 in a research report on Wednesday, January 3rd. BMO Capital Markets boosted their price target on shares of Bread Financial from $31.00 to $33.00 and gave the stock a “market perform” rating in a research report on Friday. JPMorgan Chase & Co. boosted their price target on shares of Bread Financial from $36.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, January 26th. Finally, Barclays dropped their price target on shares of Bread Financial from $27.00 to $26.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 9th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $36.64.

Bread Financial Trading Up 0.9 %

Bread Financial stock opened at $36.97 on Monday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. The firm has a 50-day moving average price of $36.52 and a two-hundred day moving average price of $33.07. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 4.66, a PEG ratio of 0.14 and a beta of 1.93. Bread Financial has a 52-week low of $23.19 and a 52-week high of $41.89.

Bread Financial (NYSE:BFH) last posted its quarterly earnings results on Thursday, April 25th. The company reported $2.73 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.19). Bread Financial had a net margin of 8.08% and a return on equity of 14.44%. The business had revenue of $991.00 million during the quarter, compared to analyst estimates of $998.96 million. During the same period last year, the firm posted $9.08 earnings per share. The company’s quarterly revenue was down 23.1% on a year-over-year basis.

Institutional Investors Weigh In On Bread Financial

A number of large investors have recently made changes to their positions in BFH. Deutsche Bank AG raised its holdings in shares of Bread Financial by 586.5% during the third quarter. Deutsche Bank AG now owns 712,566 shares of the company’s stock valued at $24,370,000 after acquiring an additional 608,769 shares during the period. Norges Bank acquired a new stake in shares of Bread Financial during the fourth quarter valued at approximately $14,365,000. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Bread Financial during the third quarter valued at approximately $13,687,000. Mizuho Markets Americas LLC raised its holdings in shares of Bread Financial by 1,331.0% during the third quarter. Mizuho Markets Americas LLC now owns 302,905 shares of the company’s stock valued at $10,359,000 after acquiring an additional 281,738 shares during the period. Finally, Jupiter Asset Management Ltd. raised its holdings in shares of Bread Financial by 188.1% during the third quarter. Jupiter Asset Management Ltd. now owns 414,720 shares of the company’s stock valued at $14,183,000 after acquiring an additional 270,750 shares during the period. Institutional investors and hedge funds own 99.52% of the company’s stock.

Bread Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 10th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.27%. Bread Financial’s payout ratio is currently 10.58%.

Bread Financial Company Profile

Bread Financial Holdings, Inc provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for private label and co-brand credit card programs, as well as through Bread partnerships; and Comenity-branded general purpose cash-back credit.