BFH stock icon

Bread Financial
BFH

$39.29
2.39%
 

About: Formed by a combination of JCPenney's credit card processing unit and The Limited's credit card bank business, Bread Financial is a provider of private label and co-branded credit cards, loyalty programs, and marketing services. The company's most financially significant unit is its credit card business that partners with retailers to jointly market Bread's credit cards to their customers. The company also retains minority interest in its recently spun-off LoyaltyOne division, which operates the largest airline miles loyalty program in Canada and offers marketing services to grocery chains in Europe and Asia.

Employees: 7,000

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 12 analysts
0
News positive %
of 11 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

15% more capital invested

Capital invested by funds: $1.65B [Q4 2023] → $1.9B (+$253M) [Q1 2024]

1.33% more ownership

Funds ownership: 101.54% [Q4 2023] → 102.87% (+1.33%) [Q1 2024]

0% more funds holding

Funds holding: 265 [Q4 2023] → 265 (+0) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 5 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 44

26% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 105

88% less call options, than puts

Call options by funds: $13.1M | Put options by funds: $113M

Research analyst outlook

12 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$26
34%
downside
Avg. target
$38
2%
downside
High target
$67
71%
upside

12 analyst ratings

positive
25%
neutral
50%
negative
25%
Keefe, Bruyette & Woods
Sanjay Sakhrani
71%upside
$67
Outperform
Upgraded
2 May 2024
BMO Capital
James Fotheringham
16%downside
$33
Market Perform
Maintained
26 Apr 2024
Barclays
Terry Ma
34%downside
$26
Underweight
Maintained
9 Apr 2024
Wolfe Research
Bill Carcache
22%upside
$48
Outperform
Upgraded
4 Apr 2024
BMO Capital
James Fotheringham
19%downside
$32
Market Perform
Maintained
29 Jan 2024

Financial journalist opinion

Based on 11 articles about BFH published over the past 30 days