Brighthouse Financial (BHF) AI Stock Analysis

• Market Cap: $3.75B
• Dividend Yield: N/A
• Average Volume (3M): 1.90M
• Price to Earnings (P/E): 4.5
• Beta (1Y): 0.95
• Revenue Growth: 27.71%
• EPS Growth: N/A
• Country: US
• Employees: 1,400
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Life
• EPS (TTM): 4.54
• Shares Outstanding: 57,171,220
• 10 Day Avg. Volume: 3,198,060
• 30 Day Avg. Volume: 1,899,801
• PEG Ratio: -0.07
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.78
• P/FCF Ratio: -11.80
• Enterprise Value/Market Cap: 1.67
• Enterprise Value/Revenue: 1.06
• Enterprise Value/Gross Profit: 2.39
• Enterprise Value/Ebitda: 4.79
• 1Y Price Target: $61.43
• Price Target Upside: -6.46% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 9
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: $74.00 ▲(12.68% Upside)

Brighthouse Financial's stock is supported by a strong valuation and positive technical indicators, suggesting potential for price appreciation. Financial performance is stable but challenged by revenue contraction and cash flow volatility. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Stable Balance Sheet

A stable balance sheet with moderate leverage ensures financial stability and flexibility, allowing the company to manage its obligations effectively.

Cash Flow Improvement

Improved cash flow enhances the company's ability to invest in growth opportunities and maintain liquidity, supporting long-term operational stability.

Operational Efficiency

Maintaining a strong EBIT margin despite revenue challenges highlights effective cost management and operational efficiency, contributing to profitability.

Negative Factors

Revenue Contraction

Negative revenue growth suggests challenges in expanding market share and product sales, potentially impacting long-term business sustainability.

Cash Flow Volatility

Volatile cash flows can hinder the company's ability to consistently fund operations and investments, posing risks to financial stability.

Revenue Miss

Missing revenue expectations may indicate difficulties in market conditions or execution, affecting investor confidence and future growth prospects.

Brighthouse Financial Business Overview & Revenue Model

Company Description

Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment 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. The Life segment provides term, universal, whole, and variable life policies for policyholders' needs for financial security and protected wealth transfer. The Run-off segment manages structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements, and universal life with secondary guarantees. The company was incorporated in 2016 and is based in Charlotte, North Carolina.

How the Company Makes Money

Brighthouse Financial generates revenue primarily through the sale of its insurance and annuity products. Key revenue streams include premiums collected from life insurance policies, fees from asset management on its annuity products, and investment income earned on the premiums and reserves held. The company also benefits from surrender charges when policyholders withdraw funds from their annuities before a specified period. Additionally, Brighthouse has established various distribution partnerships with financial advisors and institutions, which help expand its market reach and drive sales. Overall, its revenue model is supported by a diverse product portfolio aimed at meeting the financial needs of its customers.

Brighthouse Financial Financial Statement Overview

Summary

Brighthouse Financial presents a mixed financial picture. Strong profitability and a stable balance sheet are offset by revenue contraction and historical cash flow volatility. Operational efficiency and effective equity utilization are positives, but revenue growth challenges remain.

Income Statement

Brighthouse Financial's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) data indicates a gross profit margin of 29.12% and a net profit margin of 16.11%, which are reasonable but have declined from previous years. Revenue growth has been negative, indicating a contraction in sales. However, the company has managed to maintain a positive EBIT margin of 21.82%, showing operational efficiency despite revenue challenges.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.50, indicating moderate leverage. The return on equity (ROE) is 17.40%, which is strong and suggests effective use of equity to generate profits. The equity ratio is healthy, showing a solid capital structure. Overall, the balance sheet demonstrates financial stability with manageable debt levels.

Cash Flow

Cash flow analysis reveals improvement in free cash flow growth, with a significant increase of 182.35% in the TTM period. The operating cash flow to net income ratio is 8.47, indicating strong cash generation relative to net income. However, historical cash flow volatility and negative operating cash flows in previous years pose potential risks.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.89B	4.37B	3.95B	6.63B	3.58B	8.27B
Gross Profit	2.62B	2.01B	336.00M	6.57B	3.07B	697.00M
EBITDA	1.31B	574.00M	-1.32B	4.88B	2.17B	-1.24B
Net Income	967.00M	388.00M	-1.11B	3.88B	1.64B	-1.06B
Balance Sheet
Total Assets	244.68B	238.54B	236.34B	225.72B	259.84B	247.87B
Cash, Cash Equivalents and Short-Term Investments	88.14B	86.97B	86.01B	80.77B	94.00B	89.84B
Total Debt	3.15B	3.15B	3.16B	3.16B	3.16B	3.44B
Total Liabilities	238.25B	233.51B	231.33B	220.19B	243.63B	229.78B
Stockholders Equity	6.36B	4.96B	4.94B	5.46B	16.14B	18.02B
Cash Flow
Free Cash Flow	144.00M	-290.00M	-137.00M	-1.23B	746.00M	888.00M
Operating Cash Flow	144.00M	-290.00M	-137.00M	-1.23B	746.00M	888.00M
Investing Cash Flow	1.69B	-2.19B	-3.20B	-8.28B	-12.24B	-5.84B
Financing Cash Flow	-858.00M	3.68B	3.07B	9.14B	11.86B	6.19B

Brighthouse Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 65.67
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BHF, the sentiment is Positive. The current price of 65.67 is above the 20-day moving average (MA) of 57.66, above the 50-day MA of 53.11, and above the 200-day MA of 53.73, indicating a bullish trend. The MACD of 4.60 indicates Negative momentum. The RSI at 70.86 is Negative, neither overbought nor oversold. The STOCH value of 50.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BHF.

Brighthouse Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BHF	74 Outperform	$3.75B	4.48	16.27%	―	27.71%	―
FG	74 Outperform	$4.07B	9.08	10.12%	2.91%	-4.58%	―
CNO	72 Outperform	$3.93B	14.42	11.12%	1.60%	-1.61%	15.79%
LNC	70 Outperform	$7.58B	3.55	21.66%	4.39%	35.76%	636.97%
JXN	69 Neutral	$6.29B	12.65	5.50%	3.36%	24.94%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
GNW	60 Neutral	$3.50B	19.28	2.86%	―	1.41%	150.35%

Brighthouse Financial Corporate Events

Brighthouse Financial Announces Merger with Aquarian Holdings

On November 6, 2025, Brighthouse Financial announced a merger agreement with Aquarian Holdings, where it will become a wholly-owned subsidiary of Aquarian. This strategic move aims to enhance Brighthouse Financial’s growth opportunities and asset-generation capabilities, positioning it better in the evolving insurance market. The merger, expected to close in 2026, will maintain Brighthouse Financial’s operations as a standalone entity within Aquarian’s portfolio, with no immediate changes to its current operations or employee roles.

The most recent analyst rating on (BHF) stock is a Hold with a $70.00 price target. To see the full list of analyst forecasts on Brighthouse Financial stock, see the BHF Stock Forecast page.

Brighthouse Financial Announces Merger with Aquarian Holdings

On November 6, 2025, Brighthouse Financial, Inc. announced a merger agreement with Aquarian Holdings, where Aquarian will acquire Brighthouse for $70 per share in cash. The merger, which has been unanimously approved by Brighthouse’s Board of Directors, is subject to customary closing conditions, including regulatory approvals and stockholder approval. The merger aims to enhance Brighthouse’s market position and operational capabilities, with implications for stockholders in terms of share conversion and cash payments. The transaction is expected to close by December 6, 2026, if all conditions are met.

The most recent analyst rating on (BHF) stock is a Hold with a $61.00 price target. To see the full list of analyst forecasts on Brighthouse Financial stock, see the BHF Stock Forecast page.

Brighthouse Financial Appoints New COO and CAO

On August 27, 2025, Brighthouse Financial announced the appointment of Myles J. Lambert as Executive Vice President and Chief Operating Officer, effective August 30, 2025. Lambert, who has been with the company since 2017, will continue to lead distribution and marketing while overseeing operations. Additionally, Melissa Pavlovich was appointed as Chief Accounting Officer, succeeding Richard Cook, who will now serve as Deputy CAO. These leadership changes are expected to enhance the company’s strategic direction and operational efficiency.

The most recent analyst rating on (BHF) stock is a Hold with a $48.00 price target. To see the full list of analyst forecasts on Brighthouse Financial stock, see the BHF Stock Forecast page.

Brighthouse Financial’s Earnings Call: Mixed Signals

Brighthouse Financial’s recent earnings call painted a mixed picture of the company’s performance. While there was notable growth in sales and a robust capital and liquidity position, the company faced headwinds with lower adjusted earnings and a decline in the combined RBC ratio. Challenges were further compounded by a drop in alternative investment income and adverse non-VA results.