Zacks Research Brokers Raise Earnings Estimates for BR

Key Points

• Zacks Research has raised its Q1 2026 EPS estimate for Broadridge Financial Solutions to $1.16, reflecting positive sentiment in the company's future earnings potential.
• The company recently announced a dividend increase, with a new quarterly payout of $0.975 per share, up from the previous $0.88.
• Broadridge Financial Solutions reported earnings of $3.55 per share last quarter, surpassing analysts' expectations and demonstrating a 6.2% increase in revenue year-over-year.

Broadridge Financial Solutions, Inc. (NYSE:BR - Free Report) - Equities researchers at Zacks Research lifted their Q1 2026 EPS estimates for Broadridge Financial Solutions in a research note issued to investors on Tuesday, August 26th. Zacks Research analyst Team now forecasts that the business services provider will post earnings per share of $1.16 for the quarter, up from their previous estimate of $1.15. The consensus estimate for Broadridge Financial Solutions' current full-year earnings is $8.53 per share. Zacks Research also issued estimates for Broadridge Financial Solutions' Q2 2026 earnings at $1.48 EPS, Q1 2027 earnings at $1.60 EPS, Q2 2027 earnings at $2.00 EPS, Q4 2027 earnings at $3.62 EPS and FY2028 earnings at $11.06 EPS.

Broadridge Financial Solutions (NYSE:BR - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The business services provider reported $3.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.51 by $0.04. The business had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $2.06 billion. Broadridge Financial Solutions had a net margin of 12.19% and a return on equity of 42.72%. The firm's quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the firm posted $3.50 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS.

A number of other research analysts have also recently issued reports on BR. Morgan Stanley lifted their price objective on shares of Broadridge Financial Solutions from $222.00 to $261.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 6th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $259.00 target price on shares of Broadridge Financial Solutions in a research note on Monday, May 19th. Needham & Company LLC boosted their target price on shares of Broadridge Financial Solutions from $300.00 to $305.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Wall Street Zen raised shares of Broadridge Financial Solutions from a "hold" rating to a "buy" rating in a research note on Friday, May 9th. Finally, UBS Group boosted their target price on shares of Broadridge Financial Solutions from $250.00 to $280.00 and gave the stock a "neutral" rating in a research note on Friday, August 8th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $261.50.

Broadridge Financial Solutions Price Performance

NYSE:BR traded down $3.52 during mid-day trading on Friday, reaching $248.44. The stock had a trading volume of 111,106 shares, compared to its average volume of 592,928. The stock has a 50-day simple moving average of $249.89 and a two-hundred day simple moving average of $241.29. The stock has a market capitalization of $29.10 billion, a PE ratio of 35.06 and a beta of 0.96. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.98 and a quick ratio of 0.98. Broadridge Financial Solutions has a 12 month low of $206.95 and a 12 month high of $271.91.

Broadridge Financial Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a $0.975 dividend. The ex-dividend date is Thursday, September 11th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 1.6%. This is a boost from Broadridge Financial Solutions's previous quarterly dividend of $0.88. Broadridge Financial Solutions's dividend payout ratio (DPR) is currently 49.65%.

Insider Activity

In other news, CEO Timothy C. Gokey sold 5,674 shares of the stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $258.37, for a total transaction of $1,465,991.38. Following the completion of the transaction, the chief executive officer directly owned 143,285 shares of the company's stock, valued at $37,020,545.45. This represents a 3.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, President Christopher John Perry sold 7,036 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $262.72, for a total transaction of $1,848,497.92. Following the transaction, the president directly owned 48,813 shares of the company's stock, valued at $12,824,151.36. This represents a 12.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 147,532 shares of company stock valued at $38,417,208. Company insiders own 1.30% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Broadridge Financial Solutions by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 15,031,420 shares of the business services provider's stock worth $3,653,086,000 after buying an additional 298,273 shares during the period. State Street Corp lifted its stake in Broadridge Financial Solutions by 0.6% in the 2nd quarter. State Street Corp now owns 5,642,154 shares of the business services provider's stock worth $1,376,006,000 after purchasing an additional 35,061 shares in the last quarter. Geode Capital Management LLC lifted its stake in Broadridge Financial Solutions by 4.3% in the 2nd quarter. Geode Capital Management LLC now owns 3,292,241 shares of the business services provider's stock worth $797,031,000 after purchasing an additional 136,386 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Broadridge Financial Solutions by 3.6% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,751,266 shares of the business services provider's stock worth $425,610,000 after purchasing an additional 61,659 shares in the last quarter. Finally, Northern Trust Corp raised its position in shares of Broadridge Financial Solutions by 24.4% during the 4th quarter. Northern Trust Corp now owns 1,604,783 shares of the business services provider's stock valued at $362,825,000 after buying an additional 314,323 shares in the last quarter. 90.03% of the stock is owned by institutional investors.

About Broadridge Financial Solutions

Broadridge Financial Solutions, Inc provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions.