Bread Financial
BFH

$47.90

11.15%

Market Cap: $2.38B

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

Financials Personal Credit Institutions

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 16 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

40% more funds holding in top 10

Funds holding in top 10: 5 [Q1] → 7 (+2) [Q2]

33% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 36

21% more capital invested

Capital invested by funds: $1.94B [Q1] → $2.35B (+$414M) [Q2]

4% more funds holding

Funds holding: 271 [Q1] → 283 (+12) [Q2]

1.57% more ownership

Funds ownership: 104.64% [Q1] → 106.21% (+1.57%) [Q2]

1% less repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 93

67% less call options, than puts

Call options by funds: $13.7M | Put options by funds: $42.1M

See Fund Rankings

Research analyst outlook

16 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$32

33%

downside

Avg. target

$51

7%

upside

High target

$67

40%

upside

16 analyst ratings

5 positive

31%

8 neutral

50%

3 negative

19%

JP Morgan Reginald Smith 44% 1-year accuracy 11 / 25 met price target	23%upside $59	Neutral Maintained	20 Aug 2024
B of A Securities Mihir Bhatia 75% 1-year accuracy 6 / 8 met price target	27%upside $61	Buy Maintained	19 Aug 2024
B of A Securities Mihir Bhatia 75% 1-year accuracy 6 / 8 met price target	13%upside $54	Buy Upgraded	9 Aug 2024
Goldman Sachs Ryan Nash 56% 1-year accuracy 14 / 25 met price target	11%upside $53	Sell Maintained	29 Jul 2024
TD Cowen Moshe Orenbuch 60% 1-year accuracy 6 / 10 met price target	19%upside $57	Hold Maintained	26 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about BFH published over the past 30 days

Zacks Investment Research

Bread Financial Rallies 72.2% YTD: Can the Stock Retain the Bull Run?

BFH stock rallies on the back of higher retained earnings, active risk management, solid consumer spending and capital deployment.

Bread Financial Rallies 72.2% YTD: Can the Stock Retain the Bull Run?

Bread Financial™ to Participate in the Barclays 22nd Annual Global Financial Services Conference

COLUMBUS, Ohio, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced the company's participation in the Barclays 22nd Annual Global Financial Services Conference on Monday, Sept. 9.

Bread Financial™ to Participate in the Barclays 22nd Annual Global Financial Services Conference

Bread Financial: Still Bullish Via Put Option Sales

Bread Financial, a consumer lender, saw a 30% rally in shares since May. Second quarter results showed a decline in net interest income due to weak loan demand, but the company has a strong cash balance. Instead of buying shares, consider selling cash secured puts with a $50 strike price to earn income and potentially buy shares at a lower price.

Bread Financial: Still Bullish Via Put Option Sales

Bread Financial™ Provides Performance Update for July 2024

COLUMBUS, Ohio, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated.

Bread Financial™ Provides Performance Update for July 2024

Bread Financial™ Announces Partial Repurchase of 4.25% Convertible Senior Notes Due 2028

COLUMBUS, Ohio, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH) (“Bread Financial” or the “Company”) announced today that it has entered into separate, privately negotiated repurchase agreements with a limited number of holders of its 4.25% Convertible Senior Notes due 2028 (the “Notes”) to repurchase (the “Repurchases”) $237.6 million aggregate principal amount of the Notes for an aggregate cash repurchase price of approximately $350.0 million. The final aggregate cash repurchase price is subject to adjustment as a portion of the repurchase price will be based in part on the daily volume-weighted average price per share of the Company's common stock over an agreed measurement period beginning on, and including, August 9, 2024.

Bread Financial™ Announces Partial Repurchase of 4.25% Convertible Senior Notes Due 2028

Zacks Investment Research

5 Stocks Loved by Brokers Worth Watching Currently

Investors would do well to monitor stocks like ADTRAN (ADTN), Bread Financial (BFH), Owens & Minor (OMI), Bally's Corporation (BALY) and AMC Networks (AMCX) for high returns.

5 Stocks Loved by Brokers Worth Watching Currently

Zacks Investment Research

BFH or MA: Which Is the Better Value Stock Right Now?

Investors interested in stocks from the Financial Transaction Services sector have probably already heard of Bread Financial Holdings (BFH) and MasterCard (MA). But which of these two companies is the best option for those looking for undervalued stocks?

BFH or MA: Which Is the Better Value Stock Right Now?

Zacks Investment Research

Despite Fast-paced Momentum, Bread Financial (BFH) Is Still a Bargain Stock

Bread Financial (BFH) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Bread Financial (BFH) Is Still a Bargain Stock

Zacks Investment Research

Bread Financial (BFH) Q2 Earnings Top, Revenues Fall Y/Y

Bread Financial's (BFH) second-quarter results reflect a drop in credit sales. However, average loans slightly improve on growth in co-brand programs.

Bread Financial (BFH) Q2 Earnings Top, Revenues Fall Y/Y

Bread Financial Holdings, Inc. (BFH) Q2 2024 Earnings Call Transcript

Bread Financial Holdings, Inc. (NYSE:BFH ) Q2 2024 Results Conference Call July 25, 2024 8:30 AM ET Company Participants Brian Vereb - Head of Investor Relations Ralph Andretta - President and Chief Executive Officer Perry Beberman - Executive Vice President and Chief Financial Officer Conference Call Participants Mihir Bhatia - Bank of America Jeff Adelson - Morgan Stanley Sanjay Sakhrani - KBW Moshe Orenbuch - TD Cowen Vincent Caintic - BTIG John Pancari - Evercore IS Terry Ma - Barclays Reggie Smith - JPM Operator Good morning, and welcome to Bread Financial's Second Quarter 2024 Earnings Conference Call. My name is Towanda, and I will be coordinating your call today.

Bread Financial Holdings, Inc. (BFH) Q2 2024 Earnings Call Transcript

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