Last 7 days
0.4%
Last 30 days
-2.3%
Last 90 days
-3.7%
Trailing 12 Months
9.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 0 | 0 | 0 | 0 |
2023 | 6.2B | 5.5B | 4.8B | 4.1B |
2022 | 5.5B | 5.9B | 6.4B | 6.9B |
2021 | 5.8B | 3.1B | 5.3B | 5.0B |
2020 | 14.8B | 12.7B | 10.6B | 8.5B |
2019 | 7.8B | 8.5B | 10.3B | 6.6B |
2018 | 7.7B | 7.4B | 6.8B | 9.0B |
2017 | 4.0B | 4.9B | 5.9B | 6.8B |
2016 | 7.4B | 6.0B | 4.5B | 3.0B |
2015 | 0 | 0 | 0 | 8.9B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 01, 2024 | wetzel paul m. | acquired | - | - | 3,615 | - |
Mar 01, 2024 | rosenthal john | acquired | - | - | 11,542 | evp & chief investment officer |
Mar 01, 2024 | steigerwalt eric t | sold (taxes) | -2,508,430 | 46.16 | -54,342 | president and ceo |
Mar 01, 2024 | huss vonda | acquired | - | - | 6,010 | evp & chief hr officer |
Mar 01, 2024 | lin allie | acquired | - | - | 2,559 | evp & general counsel |
Mar 01, 2024 | steigerwalt eric t | acquired | - | - | 34,649 | president and ceo |
Mar 01, 2024 | huss vonda | sold (taxes) | -334,291 | 46.16 | -7,242 | evp & chief hr officer |
Mar 01, 2024 | lin allie | sold (taxes) | -78,841 | 46.16 | -1,708 | evp & general counsel |
Mar 01, 2024 | spehar edward a. | sold (taxes) | -695,816 | 46.16 | -15,074 | evp & chief financial officer |
Mar 01, 2024 | rosenthal john | sold (taxes) | -772,349 | 46.16 | -16,732 | evp & chief investment officer |
Which funds bought or sold BHF recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | Pineridge Advisors LLC | unchanged | - | -63.00 | 2,371 | -% |
May 16, 2024 | INNEALTA CAPITAL, LLC | new | - | 293,933 | 293,933 | 0.12% |
May 16, 2024 | COMERICA BANK | reduced | -3.72 | -85,521 | 1,286,750 | 0.01% |
May 16, 2024 | Beacon Capital Management, LLC | unchanged | - | 107 | 2,114 | -% |
May 16, 2024 | Ancora Advisors LLC | unchanged | - | -18.00 | 670 | -% |
May 16, 2024 | Lumbard & Kellner, LLC | reduced | -3.67 | -180,726 | 2,741,520 | 1.33% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -7.19 | -351,398 | 3,306,910 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -27.13 | -618,473 | 1,511,870 | -% |
May 15, 2024 | AMUNDI | reduced | -9.08 | -1,454,140 | 7,454,550 | -% |
May 15, 2024 | CORSAIR CAPITAL MANAGEMENT, L.P. | reduced | -25.13 | -301,188 | 811,085 | 0.23% |
Unveiling Brighthouse Financial Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Brighthouse Financial Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ARGO | 1.1T | 1.3B | -5.4K | 851.43 | ||||
AJG | 56.3B | 10.6B | 51.57 | 5.3 | ||||
AIG | 53.5B | 48.4B | 11.07 | 1.1 | ||||
TRV | 50.3B | 42.9B | 16.03 | 1.17 | ||||
AFL | 50.2B | 19.3B | 9.39 | 2.6 | ||||
ACGL | 37.9B | 14.4B | 7.82 | 2.63 | ||||
AFG | 11.2B | 8.0B | 12.7 | 1.4 | ||||
MID-CAP | ||||||||
UNM | 10.1B | 12.6B | 7.61 | 0.8 | ||||
AIZ | 9.1B | 11.4B | 11.93 | 0.8 | ||||
LNC | 5.1B | 11.9B | 3.81 | 0.43 | ||||
AEL | 3.9B | 3.2B | 5.55 | 1.23 | ||||
SMALL-CAP | ||||||||
BRP | 2.0B | 1.3B | -37.13 | 1.59 | ||||
AMSF | 887.3M | 308.9M | 14.38 | 2.87 | ||||
AMBC | 818.6M | 314.0M | 14.24 | 2.61 | ||||
AAME | 35.5M | 187.5M | -49.09 | 0.19 |
Brighthouse Financial Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -100.0% | - | 1,400,000,000 | 1,170,000,000 | 263,000,000 | 1,284,000,000 | 1,202,500,000 | 1,121,000,000 | 3,866,000,000 | 2,013,000,000 | 2,262,500,000 | 2,512,000,000 | 1,676,000,000 | 938,000,000 | 131,000,000 | 309,000,000 | 4,647,000,000 | 8,985,000,000 | 306,000,000 | 3,187,000,000 | 2,370,000,000 | 691,000,000 |
Operating Expenses | -3.2% | 507,000,000 | 524,000,000 | 473,000,000 | 502,000,000 | 478,000,000 | 489,000,000 | 495,000,000 | 592,000,000 | 509,000,000 | 700,000,000 | 579,000,000 | 608,000,000 | 562,000,000 | 679,000,000 | 580,000,000 | 577,000,000 | 517,000,000 | 667,000,000 | 611,000,000 | 621,000,000 | 592,000,000 |
EBITDA Margin | 2.9% | -0.31 | -0.32 | -0.02 | -0.03 | 0.36 | 0.71 | 1.11 | 1.20 | 0.91 | 0.44 | -0.26 | -1.87 | - | - | - | - | - | - | - | - | - |
Interest Expenses | -91.3% | 6,000,000 | 69,000,000 | 7,000,000 | 69,000,000 | 6,000,000 | 69,000,000 | 6,000,000 | 71,000,000 | 6,000,000 | 72,000,000 | 7,000,000 | 75,000,000 | 6,000,000 | 91,000,000 | 7,000,000 | 73,000,000 | 15,000,000 | 79,000,000 | 16,000,000 | 80,000,000 | 12,000,000 |
Income Taxes | 52.3% | -123,000,000 | -258,000,000 | 109,000,000 | -62,000,000 | -156,000,000 | -97,000,000 | 97,000,000 | 432,000,000 | 416,000,000 | 451,000,000 | 105,000,000 | -10,000,000 | -185,000,000 | -275,000,000 | -850,000,000 | -531,000,000 | 1,293,000,000 | - | 119,000,000 | 85,000,000 | -218,000,000 |
Earnings Before Taxes | 47.7% | -614,000,000 | -1,174,000,000 | 590,000,000 | -237,000,000 | -653,000,000 | 40,000,000 | 512,000,000 | 2,177,000,000 | 2,003,000,000 | 2,266,000,000 | 490,000,000 | 21,000,000 | -768,000,000 | -1,306,000,000 | -3,843,000,000 | -2,522,000,000 | 6,252,000,000 | -1,372,000,000 | 804,000,000 | 469,000,000 | -953,000,000 |
EBT Margin | 2.6% | -0.35 | -0.36 | -0.05 | -0.06 | 0.34 | 0.69 | 1.09 | 1.17 | 0.88 | 0.40 | -0.30 | -1.93 | - | - | - | - | - | - | - | - | - |
Net Income | 43.4% | -519,000,000 | -917,000,000 | 479,000,000 | -175,000,000 | -499,000,000 | 136,000,000 | 413,000,000 | 1,745,000,000 | 1,585,000,000 | 1,813,000,000 | 383,000,000 | 31,000,000 | -583,000,000 | -1,033,000,000 | -2,995,000,000 | -1,991,000,000 | 4,959,000,000 | -1,070,000,000 | 683,000,000 | 384,000,000 | -735,000,000 |
Net Income Margin | -1.8% | -0.27 | -0.27 | -0.01 | -0.02 | 0.29 | 0.56 | 0.87 | 0.93 | 0.70 | 0.33 | -0.23 | -1.50 | - | - | - | - | - | - | - | - | - |
Free Cashflow | -448.7% | -530,000,000 | 152,000,000 | 339,000,000 | -128,000,000 | -500,000,000 | -226,000,000 | -962,000,000 | 159,000,000 | -199,000,000 | -3,000,000 | 575,000,000 | 173,000,000 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 1.4% | 239,688 | 236,340 | 223,516 | 231,545 | 230,002 | 224,847 | 221,641 | 228,211 | 245,052 | 262,257 | 254,691 | 253,856 | 241,937 | 247,869 | 239,681 | 235,367 | 223,953 | 227,259 | 225,876 | 221,212 | 216,430 |
Cash Equivalents | -0.7% | 3,823 | 3,851 | 3,839 | 3,737 | 3,685 | 4,115 | 4,793 | 5,071 | 4,101 | 4,474 | 4,108 | 4,882 | 4,025 | 4,108 | 6,189 | 7,325 | 8,930 | 2,877 | 4,289 | 3,981 | 3,864 |
Liabilities | 1.8% | 235,428 | 231,332 | 219,382 | 226,573 | 224,183 | 219,249 | 215,762 | 217,955 | 232,173 | 253,807 | 238,595 | 237,676 | 226,855 | 229,781 | 221,350 | 214,393 | 203,514 | 211,022 | 208,116 | 204,871 | 201,366 |
Long Term Debt | 0.0% | 3,155 | 3,156 | 3,157 | 3,156 | 3,157 | 3,156 | 3,156 | 3,157 | 3,157 | 3,157 | 3,436 | 3,436 | 3,435 | 3,436 | 3,979 | 3,979 | 4,365 | 4,365 | 4,365 | 4,365 | 4,364 |
Shareholder's Equity | -13.8% | 4,260 | 4,943 | 4,069 | 4,972 | 5,819 | 5,533 | 4,666 | 7,246 | 7,288 | 8,450 | 16,096 | 16,180 | 15,082 | 18,088 | 18,331 | 20,974 | 20,439 | 16,237 | 17,760 | 16,341 | 15,064 |
Retained Earnings | -32.7% | -2,000 | -1,507 | -590 | -1,069 | -894 | -395 | 304 | 981 | -2.00 | -4,274 | -705 | -1,088 | -1,119 | -534 | 511 | 3,523 | 5,521 | 585 | 1,662 | 986 | 609 |
Additional Paid-In Capital | -0.1% | 13,989 | 14,004 | 14,022 | 14,039 | 14,054 | 14,075 | 14,095 | 14,113 | 14,133 | 14,154 | 13,830 | 13,842 | 13,858 | 13,878 | 13,314 | 13,307 | 12,911 | 12,908 | 12,897 | 12,893 | 12,889 |
Shares Outstanding | -1.4% | 63.00 | 64.00 | 65.00 | 66.00 | 67.00 | 68.00 | 70.00 | 73.00 | 76.00 | 78.00 | 81.00 | 84.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | 0% | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 |
Float | - | - | - | - | 3,100 | - | - | - | 3,000 | - | - | - | 3,800 | - | - | - | 2,600 | - | - | - | 4,100 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -448.7% | -530 | 152 | 339 | -128 | -500 | -226 | -962 | 159 | -199 | -3.00 | 575 | 173 | -104 | 373 | 48.00 | 371 | 96.00 | 506 | 513 | 433 | 376 |
Cashflow From Investing | -13.2% | -625 | -552 | -985 | -334 | -1,325 | -680 | -2,577 | -2,500 | -2,519 | -2,573 | -5,253 | -4,212 | -200 | -1,659 | -2,059 | -641 | -1,484 | -1,642 | -2,767 | -1,660 | -1,272 |
Cashflow From Financing | 173.5% | 1,127 | 412 | 748 | 514 | 1,395 | 228 | 3,261 | 3,311 | 2,345 | 2,942 | 3,904 | 4,896 | 221 | -795 | 875 | -1,335 | 7,441 | -276 | 2,562 | 1,344 | 615 |
Buy Backs | 3.3% | 62.00 | 60.00 | 64.00 | 64.00 | 62.00 | 93.00 | 136 | 132 | 127 | 158 | 149 | 124 | 68.00 | 97.00 | 54.00 | 180 | 142 | 128 | 126 | 136 | 52.00 |
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues | ||
Premiums | $ 202 | $ 197 |
Universal life and investment-type product policy fees | 436 | 606 |
Net investment income | 1,254 | 1,059 |
Other revenues | 145 | 93 |
Net investment gains (losses) | (42) | (96) |
Net derivative gains (losses) | (1,921) | (575) |
Total revenues | 74 | 1,284 |
Expenses | ||
Policyholder benefits and claims (including liability remeasurement gains (losses) of $0 and $0, respectively) | 968 | 687 |
Interest credited to policyholder account balances | 502 | 422 |
Amortization of deferred policy acquisition costs and value of business acquired | 151 | 156 |
Change in market risk benefits | (1,440) | 194 |
Other expenses | 507 | 478 |
Total expenses | 688 | 1,937 |
Income (loss) before provision for income tax | (614) | (653) |
Provision for income tax expense (benefit) | (123) | (156) |
Net income (loss) | (491) | (497) |
Less: Net income (loss) attributable to noncontrolling interests | 2 | 2 |
Net income (loss) attributable to Brighthouse Financial, Inc. | (493) | (499) |
Less: Preferred stock dividends | 26 | 26 |
Net income (loss) available to Brighthouse Financial, Inc.’s common shareholders | (519) | (525) |
Comprehensive income (loss) | (658) | 321 |
Less: Comprehensive income (loss) attributable to noncontrolling interests | 2 | 2 |
Comprehensive income (loss) attributable to Brighthouse Financial, Inc. | $ (660) | $ 319 |
Earnings per common share | ||
Basic | $ (8.22) | $ (7.72) |
Diluted | $ (8.22) | $ (7.72) |
Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Investments: | ||
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $87,555 and $87,131, respectively; allowance for credit losses of $27 and $21, respectively) | $ 80,474 | $ 80,991 |
Equity securities, at estimated fair value | 86 | 102 |
Mortgage loans (net of allowance for credit losses of $142 and $137, respectively) | 22,670 | 22,508 |
Policy loans | 1,651 | 1,331 |
Limited partnerships and limited liability companies | 4,920 | 4,946 |
Short-term investments, principally at estimated fair value | 1,347 | 1,169 |
Other invested assets, principally at estimated fair value (net of allowance for credit losses of $12 and $13, respectively) | 4,746 | 4,409 |
Total investments | 115,894 | 115,456 |
Cash and cash equivalents | 3,823 | 3,851 |
Accrued investment income | 1,297 | 1,183 |
Premiums, reinsurance and other receivables (net of allowance for credit losses of $3 and $3, respectively) | 20,234 | 19,761 |
Deferred policy acquisition costs and value of business acquired | 4,829 | 4,872 |
Current income tax recoverable | 28 | 27 |
Deferred income tax asset | 2,063 | 1,893 |
Market risk benefit assets | 839 | 656 |
Other assets | 349 | 370 |
Separate account assets | 90,332 | 88,271 |
Total assets | 239,688 | 236,340 |
Liabilities | ||
Future policy benefits | 32,245 | 32,569 |
Policyholder account balances | 84,159 | 81,068 |
Market risk benefit liabilities | 8,964 | 10,323 |
Other policy-related balances | 3,798 | 3,836 |
Payables for collateral under securities loaned and other transactions | 3,653 | 3,670 |
Long-term debt | 3,155 | 3,156 |
Other liabilities | 9,122 | 8,439 |
Separate account liabilities | 90,332 | 88,271 |
Total liabilities | 235,428 | 231,332 |
Contingencies, Commitments and Guarantees (Note 13) | ||
Brighthouse Financial, Inc.’s stockholders’ equity: | ||
Preferred stock, par value $0.01 per share; $1,753 aggregate liquidation preference | 0 | 0 |
Common stock, par value $0.01 per share; 1,000,000,000 shares authorized; 123,398,227 and 122,818,568 shares issued, respectively; 62,595,426 and 63,503,355 shares outstanding, respectively | 1 | 1 |
Additional paid-in capital | 13,989 | 14,004 |
Retained earnings (deficit) | (2,000) | (1,507) |
Treasury stock, at cost; 60,802,801 and 59,315,213 shares, respectively | (2,382) | (2,309) |
Accumulated other comprehensive income (loss) | (5,413) | (5,246) |
Total Brighthouse Financial, Inc.’s stockholders’ equity | 4,195 | 4,943 |
Noncontrolling interests | 65 | 65 |
Total equity | 4,260 | 5,008 |
Total liabilities and equity | $ 239,688 | $ 236,340 |