Brighthouse Financial (BHFAP) Expected to Announce Earnings on Monday

Brighthouse Financial (NASDAQ:BHFAP) is anticipated to release its resultson Monday, May 11th. Analysts expect Brighthouse Financial to post earnings of $4.57 per share and revenue of $2.1964 billion for the quarter.

Brighthouse Financial Stock Performance

Shares of NASDAQ BHFAP traded up $0.03 during midday trading on Monday, hitting $16.05. 1,649 shares of the company’s stock were exchanged, compared to its average volume of 35,874. The stock’s 50 day moving average price is $16.09 and its 200-day moving average price is $16.03. Brighthouse Financial has a twelve month low of $14.02 and a twelve month high of $21.40.

Brighthouse Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Tuesday, March 10th were issued a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a dividend yield of 10.3%. The ex-dividend date of this dividend was Tuesday, March 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of retirement and protection solutions, formed in August 2017 as a spin-off from MetLife, Inc Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families secure their financial futures through a range of insurance and annuity products. Since its inception, Brighthouse Financial has operated independently, building its own brand and capabilities in the quickly evolving retirement-services market.

The company’s core business centers on the design, manufacture and distribution of fixed annuities, fixed indexed annuities and other guaranteed retirement-income products.