Brokers Issue Forecasts for BRLT FY2026 Earnings

Brilliant Earth Group, Inc. (NASDAQ:BRLT) – Equities research analysts at Telsey Advisory Group issued their FY2026 earnings estimates for shares of Brilliant Earth Group in a research report issued on Wednesday, May 7th. Telsey Advisory Group analyst D. Telsey forecasts that the company will earn ($0.01) per share for the year. Telsey Advisory Group currently has a “Market Perform” rating and a $2.00 price objective on the stock. The consensus estimate for Brilliant Earth Group’s current full-year earnings is ($0.02) per share.

Brilliant Earth Group (NASDAQ:BRLT) last posted its earnings results on Tuesday, May 6th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.14). Brilliant Earth Group had a return on equity of 3.09% and a net margin of 0.50%. The business had revenue of $93.88 million for the quarter, compared to the consensus estimate of $94.42 million.

Separately, Jefferies Financial Group downgraded shares of Brilliant Earth Group from a “buy” rating to a “hold” rating and reduced their price target for the company from $4.00 to $1.60 in a research report on Tuesday, February 4th.

Brilliant Earth Group Trading Down 1.0%

NASDAQ BRLT opened at $1.55 on Monday. The business has a 50 day simple moving average of $1.49 and a 200 day simple moving average of $1.68. Brilliant Earth Group has a one year low of $1.25 and a one year high of $2.68. The stock has a market capitalization of $154.05 million, a P/E ratio of 51.68 and a beta of 1.43. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.80 and a quick ratio of 2.27.

Insider Activity

In other news, insider Sharon Dziesietnik sold 20,792 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $1.50, for a total transaction of $31,188.00. Following the completion of the sale, the insider now owns 371,329 shares of the company’s stock, valued at approximately $556,993.50. This represents a 5.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 84.70% of the company’s stock.

Institutional Investors Weigh In On Brilliant Earth Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Boston Partners purchased a new stake in Brilliant Earth Group during the 4th quarter valued at about $324,000. Klingman & Associates LLC bought a new stake in shares of Brilliant Earth Group during the fourth quarter valued at approximately $193,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Brilliant Earth Group during the fourth quarter valued at approximately $128,000. Mariner LLC bought a new stake in shares of Brilliant Earth Group during the fourth quarter valued at approximately $105,000. Finally, Impact Investors Inc bought a new stake in shares of Brilliant Earth Group during the fourth quarter valued at approximately $103,000. 70.41% of the stock is owned by hedge funds and other institutional investors.

About Brilliant Earth Group

Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company’s product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. It sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms.