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S&P 500   4,299.70
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Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
66,000% upside on tiny biotech? (Ad)
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66,000% upside on tiny biotech? (Ad)
Liverpool owner FSG announces minority investment by New York equity firm
3 Reasons Micron is a Buy on Market Weakness
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
66,000% upside on tiny biotech? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Nursing Home REITs: The Surprise Heroes of High Yield Investing
66,000% upside on tiny biotech? (Ad)
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role
66,000% upside on tiny biotech? (Ad)
Liverpool owner FSG announces minority investment by New York equity firm
3 Reasons Micron is a Buy on Market Weakness
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
66,000% upside on tiny biotech? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Nursing Home REITs: The Surprise Heroes of High Yield Investing
66,000% upside on tiny biotech? (Ad)
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role
66,000% upside on tiny biotech? (Ad)
Liverpool owner FSG announces minority investment by New York equity firm
3 Reasons Micron is a Buy on Market Weakness
NYSE:BR

Broadridge Financial Solutions (BR) Stock Forecast, Price & News

$180.98
-0.23 (-0.13%)
(As of 09/28/2023 ET)
Compare
Today's Range
$180.27
$181.62
50-Day Range
$165.72
$189.00
52-Week Range
$131.35
$189.69
Volume
577,737 shs
Average Volume
547,932 shs
Market Capitalization
$21.38 billion
P/E Ratio
34.21
Dividend Yield
1.77%
Price Target
$173.67

Broadridge Financial Solutions MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
4.0% Downside
$173.67 Price Target
Short Interest
Bearish
1.77% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.19
Upright™ Environmental Score
News Sentiment
0.82mentions of Broadridge Financial Solutions in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$34.42 M Sold Last Quarter
Proj. Earnings Growth
8.13%
From $7.63 to $8.25 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Business Services Sector

72nd out of 314 stocks

Business Services, Not Elsewhere Classified Industry

23rd out of 85 stocks


BR stock logo

About Broadridge Financial Solutions (NYSE:BR) Stock

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. It also offers ProxyEdge, an electronic proxy delivery and voting solution; data-driven solutions and an end-to-end platform for content management, composition, and omni-channel distribution of regulatory, marketing, and transactional information, as well as mutual fund trade processing services; data and analytics solutions; solutions for public corporations and mutual funds; SEC filing and capital markets transaction services; registrar, stock transfer, and record-keeping services; and omni-channel customer communications solutions, as well as operates Broadridge Communications Cloud platform that creates, delivers, and manages communications and customer engagement activities. Its Global Technology and Operations segment provides solutions that automate the front-to-back transaction lifecycle of equity, mutual fund, fixed income, foreign exchange and exchange-traded derivatives, order capture and execution, trade confirmation, margin, cash management, clearing and settlement, reference data management, reconciliations, securities financing and collateral management, asset servicing, compliance and regulatory reporting, portfolio accounting, and custody-related services. This segment also offers business process outsourcing services; technology solutions, such portfolio management, compliance, fee billing, and operational support solutions; and capital market and wealth and investment management solutions. The company was founded in 1962 and is headquartered in Lake Success, New York.

BR Price History

BR Stock News Headlines

Analyst Ratings for Broadridge Financial Soln
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
Investor Dissatisfaction with Boards Grows, New ProxyPulse Report Reveals
20 Best Citizenship by Investment Programs in 2023
Arm Announces Pricing of Initial Public Offering
New Buy Rating for Block (SQ), the Technology Giant
4 Stocks to Benefit from a Blooming Outsourcing Industry
See More Headlines
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BR Company Calendar

Ex-Dividend for 7/6 Dividend
6/14/2023
Dividend Payable
7/06/2023
Last Earnings
8/08/2023
Ex-Dividend for 10/5 Dividend
9/14/2023
Today
9/29/2023
Dividend Payable
10/05/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
CUSIP
11133T10
Fax
N/A
Employees
14,700
Year Founded
1962

Price Target and Rating

Average Stock Price Forecast
$173.67
High Stock Price Forecast
$192.00
Low Stock Price Forecast
$135.00
Forecasted Upside/Downside
-4.0%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$630.60 million
Pretax Margin
13.11%

Debt

Sales & Book Value

Annual Sales
$6.06 billion
Cash Flow
$10.61 per share
Book Value
$18.99 per share

Miscellaneous

Free Float
116,227,000
Market Cap
$21.38 billion
Optionable
Optionable
Beta
0.98

Social Links

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Key Executives

  • Mr. Timothy C. GokeyMr. Timothy C. Gokey (Age 61)
    CEO & Director
    Comp: $2.71M
  • Mr. Christopher J. PerryMr. Christopher J. Perry (Age 61)
    Pres
    Comp: $1.95M
  • Mr. Edmund J. Reese (Age 48)
    Corp. VP & CFO
    Comp: $1.35M
  • Mr. Keir D. GumbsMr. Keir D. Gumbs (Age 49)
    Corp. VP & Chief Legal Officer
    Comp: $1.09M
  • Mr. Robert  SchifelliteMr. Robert Schifellite (Age 65)
    Corp. Sr. VP & Pres of Investor Communication Solutions
    Comp: $1.83M
  • Mr. Richard J. DalyMr. Richard J. Daly (Age 70)
    Exec. Chairman
  • Mr. Tyler Derr
    Chief Technology Officer
  • Mr. W. Edings Thibault
    Head of Investor Relations
  • Ms. Laura  MatlinMs. Laura Matlin (Age 64)
    Corp. VP, Deputy Gen. Counsel, Chief Governance Officer & Chief Compliance Officer
  • Gregg Rosenberg
    Global Head of Corp. Communications













BR Stock - Frequently Asked Questions

Should I buy or sell Broadridge Financial Solutions stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadridge Financial Solutions in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BR, but not buy additional shares or sell existing shares.
View BR analyst ratings
or view top-rated stocks.

What is Broadridge Financial Solutions' stock price forecast for 2023?

5 analysts have issued 1-year price targets for Broadridge Financial Solutions' stock. Their BR share price forecasts range from $135.00 to $192.00. On average, they anticipate the company's stock price to reach $173.67 in the next twelve months. This suggests that the stock has a possible downside of 4.0%.
View analysts price targets for BR
or view top-rated stocks among Wall Street analysts.

How have BR shares performed in 2023?

Broadridge Financial Solutions' stock was trading at $134.13 at the beginning of the year. Since then, BR stock has increased by 34.9% and is now trading at $180.9850.
View the best growth stocks for 2023 here
.

Are investors shorting Broadridge Financial Solutions?

Broadridge Financial Solutions saw a increase in short interest in September. As of September 15th, there was short interest totaling 2,090,000 shares, an increase of 11.8% from the August 31st total of 1,870,000 shares. Based on an average trading volume of 466,800 shares, the days-to-cover ratio is currently 4.5 days.
View Broadridge Financial Solutions' Short Interest
.

When is Broadridge Financial Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our BR earnings forecast
.

How were Broadridge Financial Solutions' earnings last quarter?

Broadridge Financial Solutions, Inc. (NYSE:BR) announced its quarterly earnings data on Tuesday, August, 8th. The business services provider reported $3.21 EPS for the quarter, topping the consensus estimate of $3.10 by $0.11. The business services provider had revenue of $1.84 billion for the quarter, compared to analysts' expectations of $1.87 billion. Broadridge Financial Solutions had a trailing twelve-month return on equity of 42.09% and a net margin of 10.40%. The firm's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.65 EPS.
Read the conference call transcript
.

How often does Broadridge Financial Solutions pay dividends? What is the dividend yield for Broadridge Financial Solutions?

Broadridge Financial Solutions announced a quarterly dividend on Monday, August 7th. Stockholders of record on Friday, September 15th will be given a dividend of $0.80 per share on Thursday, October 5th. This represents a $3.20 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend is Thursday, September 14th. This is a boost from the stock's previous quarterly dividend of $0.73.
Read our dividend analysis for BR
.

Is Broadridge Financial Solutions a good dividend stock?

Broadridge Financial Solutions (NYSE:BR) pays an annual dividend of $3.20 per share and currently has a dividend yield of 1.73%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BR will have a dividend payout ratio of 38.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BR.

What guidance has Broadridge Financial Solutions issued on next quarter's earnings?

Broadridge Financial Solutions issued an update on its FY 2024 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of $7.57-$7.85 for the period, compared to the consensus earnings per share estimate of $7.55. The company issued revenue guidance of -.

What is Tim Gokey's approval rating as Broadridge Financial Solutions' CEO?

191 employees have rated Broadridge Financial Solutions Chief Executive Officer Tim Gokey on Glassdoor.com. Tim Gokey has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Broadridge Financial Solutions own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Broadridge Financial Solutions investors own include NVIDIA (NVDA), Mastercard (MA), Verizon Communications (VZ), Home Depot (HD), Alibaba Group (BABA), Walt Disney (DIS), AbbVie (ABBV), Advanced Micro Devices (AMD), Intel (INTC) and Cisco Systems (CSCO).

What is Broadridge Financial Solutions' stock symbol?

Broadridge Financial Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "BR."

How do I buy shares of Broadridge Financial Solutions?

Shares of BR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Broadridge Financial Solutions' stock price today?

One share of BR stock can currently be purchased for approximately $180.99.

How much money does Broadridge Financial Solutions make?

Broadridge Financial Solutions (NYSE:BR) has a market capitalization of $21.38 billion and generates $6.06 billion in revenue each year. The business services provider earns $630.60 million in net income (profit) each year or $5.29 on an earnings per share basis.

How many employees does Broadridge Financial Solutions have?

The company employs 14,700 workers across the globe.

How can I contact Broadridge Financial Solutions?

Broadridge Financial Solutions' mailing address is 5 DAKOTA DRIVE, LAKE SUCCESS NY, 11042. The official website for the company is www.broadridge.com. The business services provider can be reached via phone at (516) 472-5400 or via email at broadridgeir@broadridge.com.

This page (NYSE:BR) was last updated on 9/29/2023 by MarketBeat.com Staff

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