Bread Financial (NYSE:BFH) Price Target Raised to $113.00

Bread Financial (NYSE:BFH) had its target price boosted by TD Cowen from $111.00 to $113.00 in a research report report published on Friday morning, MarketBeat.com reports. TD Cowen currently has a hold rating on the stock.

Several other research analysts have also recently weighed in on BFH. Royal Bank Of Canada reissued a “sector perform” rating and issued a $115.00 price objective on shares of Bread Financial in a research report on Friday, July 24th. Barclays reduced their price objective on Bread Financial from $110.00 to $107.00 and set an “equal weight” rating for the company in a research note on Friday. Zacks Research lowered Bread Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. The Goldman Sachs Group lifted their target price on Bread Financial from $94.00 to $108.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Finally, Wolfe Research raised shares of Bread Financial from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a report on Tuesday, August 25th. Eight research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $112.21.

Bread Financial Price Performance

Shares of NYSE BFH opened at $99.72 on Friday. The company has a market capitalization of $3.83 billion, a PE ratio of 7.86, a PEG ratio of 0.78 and a beta of 1.15. The company has a quick ratio of 1.17, a current ratio of 1.16 and a debt-to-equity ratio of 0.24. The stock’s 50 day moving average price is $104.36 and its 200-day moving average price is $98.84. Bread Financial has a twelve month low of $59.26 and a twelve month high of $114.53.

Bread Financial (NYSE:BFH) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $3.84 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.50. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. Bread Financial had a return on equity of 17.24% and a net margin of 11.19%. Bread Financial’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the business posted $4.02 earnings per share. On average, equities analysts anticipate that Bread Financial will post 12.31 EPS for the current year.

Bread Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be given a $0.25 dividend. This is an increase from Bread Financial’s previous quarterly dividend of $0.23. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, November 30th. Bread Financial’s dividend payout ratio (DPR) is 7.26%.

Insider Activity

In other news, Director Praniti Lakhwara sold 2,802 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $106.12, for a total transaction of $297,348.24. Following the transaction, the director owned 4,458 shares of the company’s stock, valued at $473,082.96. This represents a 38.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. purchased a new stake in Bread Financial in the 2nd quarter worth about $30,000. Root Financial Partners LLC purchased a new stake in Bread Financial during the third quarter valued at about $45,000. Pacer Advisors Inc. lifted its holdings in Bread Financial by 58.7% during the first quarter. Pacer Advisors Inc. now owns 614 shares of the company’s stock valued at $46,000 after purchasing an additional 227 shares during the last quarter. USA Financial Formulas purchased a new stake in Bread Financial during the third quarter valued at about $46,000. Finally, IFP Advisors Inc boosted its position in Bread Financial by 125.8% during the second quarter. IFP Advisors Inc now owns 490 shares of the company’s stock worth $53,000 after purchasing an additional 273 shares during the period. Institutional investors own 99.52% of the company’s stock.

More Bread Financial News

Here are the key news stories impacting Bread Financial this week:

• Positive Sentiment: Q3 earnings exceeded expectations: Bread Financial reported adjusted earnings of $3.84 per share, beating the $3.34 consensus estimate, while revenue rose 4.7% year over year to $1.02 billion, slightly above expectations. Q3 revenue report
• Positive Sentiment: Dividend increased: The company raised its quarterly common-stock dividend 8.7% to $0.25 per share, payable December 15 to shareholders of record November 30. The board also declared dividends on both series of preferred stock, signaling continued shareholder returns. Dividend announcement
• Positive Sentiment: Sephora partnership renewed: Bread Financial signed a long-term renewal with Sephora to support its credit-card and loyalty program, preserving an important branded payments relationship. Sephora renewal
• Neutral Sentiment: Analyst target raised, but rating remains Hold: TD Cowen increased its price target from $111 to $113, implying substantial upside from recent levels, while maintaining a “hold” recommendation.
• Neutral Sentiment: 2026 revenue outlook is in line: Bread Financial reiterated revenue guidance of approximately $4.0 billion, matching consensus and offering limited evidence of an upside forecast revision.
• Negative Sentiment: Year-over-year earnings declined: Q3 earnings fell from $4.02 per share a year earlier to $3.84, tempering the impact of the earnings beat and raising questions about profitability trends.
• Negative Sentiment: Credit performance remains a focus: Bread Financial issued a September update covering net principal loss and delinquency rates. Investors will scrutinize those metrics because deterioration could increase provisions and pressure future earnings. September performance update

About Bread Financial

Bread Financial Holdings, Inc (NYSE: BFH) is a financial services company that provides payment, lending and savings solutions to consumers and businesses. Its offerings include private-label and co-branded credit cards, installment lending, buy now, pay later services and deposit products.

The company operates through its Bread platform, which supports merchants with financing options, payment processing and customer loyalty solutions. Its consumer products have included Bread Cashback credit cards, Bread Pay installment payment services and Bread Savings deposit accounts.

Bread Financial primarily serves consumers and merchants in the United States, with solutions designed for retail, travel, home improvement and other industries.