Brookfield Wealth Solutions (NYSE:BNT) Issues Earnings Results

Brookfield Wealth Solutions (NYSE:BNT) announced its quarterly earnings data on Thursday. The company reported $0.07 EPS for the quarter, Zacks reports. Brookfield Wealth Solutions had a net margin of 0.15% and a return on equity of 0.10%.

Brookfield Wealth Solutions Price Performance

BNT traded down $0.51 during midday trading on Thursday, reaching $41.56. 4,498 shares of the company’s stock were exchanged, compared to its average volume of 22,658. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.16 and a quick ratio of 0.16. The stock has a market capitalization of $14.05 billion, a PE ratio of 160.29 and a beta of 1.45. The business’s 50-day moving average price is $38.30 and its 200 day moving average price is $42.71. Brookfield Wealth Solutions has a 1-year low of $35.62 and a 1-year high of $49.86.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on BNT shares. Wall Street Zen upgraded Brookfield Wealth Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, August 29th. Weiss Ratings downgraded shares of Brookfield Wealth Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, September 8th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About Brookfield Wealth Solutions

Brookfield Wealth Solutions Ltd. provides insurance and retirement services, including annuities, life insurance and solutions that help organizations manage long-term pension obligations. Its business focuses on protecting policyholders and supporting retirement income needs. The company operates primarily in North America and serves individuals, businesses and institutional clients. Its offerings include retirement savings and income products distributed through financial professionals and other channels.