Brookfield Wealth Solutions (NYSE:BNT) Posts Earnings Results

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

Brookfield Wealth Solutions Trading Down 1.2%

BNT traded down $0.51 during midday trading on Thursday, hitting $41.56. The company’s stock had a trading volume of 4,498 shares, compared to its average volume of 22,658. The firm has a 50-day moving average price of $38.30 and a two-hundred day moving average price of $42.71. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.39. Brookfield Wealth Solutions has a 52-week low of $35.62 and a 52-week high of $49.86. The firm has a market cap of $14.05 billion, a P/E ratio of 160.29 and a beta of 1.45.

Analysts Set New Price Targets

BNT has been the topic of several analyst reports. Wall Street Zen raised shares of 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 note on Tuesday, September 8th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Brookfield Wealth Solutions Company Profile

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.