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Broadridge Financial Solutions Stock Forecast, Price & News

+1.21 (+0.82 %)
(As of 12/4/2020 12:00 AM ET)
Today's Range
Now: $149.22
50-Day Range
MA: $144.75
52-Week Range
Now: $149.22
Volume348,650 shs
Average Volume709,972 shs
Market Capitalization$17.25 billion
P/E Ratio36.84
Dividend Yield1.55%
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry worldwide. 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 offers ProxyEdge, an electronic proxy delivery and voting solution. It also distributes regulatory reports and corporate action/reorganization event information, as well as tax reporting solutions; and provides end-to-end platform for content management, composition, and multi-channel distribution of regulatory, marketing, and transactional information, as well as mutual fund trade processing services. In addition, this segment offers financial reporting document composition and management solutions; SEC disclosure and filing services; registrar, stock transfer, and record-keeping services; customer communication solutions; cloud-based marketing and customer communication tools; customer and account data aggregation and reporting services, as well as creates sales and educational content, including seminars and a library of financial planning topics; and mutual fund trade processing services. The company's Global Technology and Operations segment offers desktop productivity tools, data aggregation, performance reporting, portfolio management, order capture and execution, trade confirmation, margin, cash management, clearance and settlement, asset servicing, reference data management, reconciliations, securities financing and collateral optimization, compliance and regulatory reporting, and accounting. It also provides capital market, wealth management, asset management, and international securities processing solutions; managed services; and customizable advisor Websites, search engine marketing, and electronic and print newsletters. The company was founded in 1962 and is headquartered in Lake Success, New York.
Broadridge Financial Solutions logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.1Community Rank: 1.7Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.64 out of 5 stars

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services



Sales & Book Value

Annual Sales$4.53 billion
Cash Flow$7.85 per share
Book Value$12.23 per share


Net Income$462.50 million


Market Cap$17.25 billion
Next Earnings Date1/29/2021 (Estimated)
+1.21 (+0.82 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Broadridge Financial Solutions (NYSE:BR) Frequently Asked Questions

How has Broadridge Financial Solutions' stock been impacted by COVID-19 (Coronavirus)?

Broadridge Financial Solutions' stock was trading at $97.67 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BR stock has increased by 52.8% and is now trading at $149.22.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Broadridge Financial Solutions?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadridge Financial Solutions in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Broadridge Financial Solutions
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Broadridge Financial Solutions?

Wall Street analysts have given Broadridge Financial Solutions a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Broadridge Financial Solutions wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Broadridge Financial Solutions' next earnings date?

Broadridge Financial Solutions is scheduled to release its next quarterly earnings announcement on Friday, January 29th 2021.
View our earnings forecast for Broadridge Financial Solutions

How were Broadridge Financial Solutions' earnings last quarter?

Broadridge Financial Solutions, Inc. (NYSE:BR) announced its quarterly earnings results on Wednesday, November, 4th. The business services provider reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.35. The business services provider earned $1.02 billion during the quarter, compared to analysts' expectations of $971.21 million. Broadridge Financial Solutions had a return on equity of 48.98% and a net margin of 10.27%. Broadridge Financial Solutions's revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.68 EPS.
View Broadridge Financial Solutions' earnings history

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

Broadridge Financial Solutions declared a quarterly dividend on Thursday, November 19th. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.575 per share on Tuesday, January 5th. This represents a $2.30 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date of this dividend is Monday, December 14th.
View Broadridge Financial Solutions' dividend history

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

Broadridge Financial Solutions updated its FY21 earnings guidance on Friday, October, 30th. The company provided earnings per share guidance of $5.33-5.53 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.48. The company issued revenue guidance of $4.57-4.71 billion, compared to the consensus revenue estimate of $4.67 billion.

What price target have analysts set for BR?

5 equities research analysts have issued 1 year price objectives for Broadridge Financial Solutions' stock. Their forecasts range from $127.00 to $152.00. On average, they anticipate Broadridge Financial Solutions' stock price to reach $138.40 in the next twelve months. This suggests that the stock has a possible downside of 7.3%.
View analysts' price targets for Broadridge Financial Solutions

Who are some of Broadridge Financial Solutions' key competitors?

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), The Home Depot (HD), Alibaba Group (BABA), The Walt Disney (DIS), AbbVie (ABBV), Advanced Micro Devices (AMD), Intel (INTC) and Cisco Systems (CSCO).

Who are Broadridge Financial Solutions' key executives?

Broadridge Financial Solutions' management team includes the following people:
  • Mr. Richard J. Daly, Exec. Chairman (Age 67, Pay $1.83M)
  • Mr. Timothy C. Gokey, CEO & Director (Age 58, Pay $2.41M)
  • Mr. Christopher J. Perry, Pres (Age 58, Pay $1.84M)
  • Mr. Robert Schifellite, Corp. Sr. VP & Pres of Investor Communication Solutions (Age 62, Pay $1.54M)
  • Mr. Matthew Connor, Corp. VP & Interim CFO (Age 53)
  • Mr. Thomas P. Carey, Corp. VP and Pres of Global Technology & Operations (Age 48)
  • Mr. Tyler Derr, Chief Technology & Product Officer
  • Mr. John D. Hogan, Chief Information Officer (Age 72)
  • Mr. W. Edings Thibault, Head of Investor Relations
  • Mr. Adam D. Amsterdam Esq., Corp. VP & Gen. Counsel (Age 59)

What is Broadridge Financial Solutions' stock symbol?

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

Who are Broadridge Financial Solutions' major shareholders?

Broadridge Financial Solutions' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.42%), State Street Corp (4.32%), Jensen Investment Management Inc. (1.66%), Wells Fargo & Company MN (1.19%), Great West Life Assurance Co. Can (0.92%) and California Public Employees Retirement System (0.83%). Company insiders that own Broadridge Financial Solutions stock include Adam D Amsterdam, Alan J Weber, C Elisa D Garcia, Christopher John Perry, Douglas Richard Deschutter, James M Young, Julie R Taylor, Laura Matlin, Leslie A Brun, Maura A Markus, Richard J Daly, Robert F Kalenka, Robert N Duelks, Robert Schifellite, Stuart R Levine, Thomas J Perna, Thomas P Carey, Timothy C Gokey and Vijay Mayadas.
View institutional ownership trends for Broadridge Financial Solutions

Which institutional investors are selling Broadridge Financial Solutions stock?

BR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Victory Capital Management Inc., Truist Financial Corp, New York State Common Retirement Fund, Allianz Asset Management GmbH, State Street Corp, TD Asset Management Inc., and Principal Financial Group Inc.. Company insiders that have sold Broadridge Financial Solutions company stock in the last year include Christopher John Perry, Douglas Richard Deschutter, James M Young, Julie R Taylor, Leslie A Brun, Richard J Daly, Robert N Duelks, Robert Schifellite, Thomas J Perna, Thomas P Carey, and Timothy C Gokey.
View insider buying and selling activity for Broadridge Financial Solutions

Which institutional investors are buying Broadridge Financial Solutions stock?

BR stock was purchased by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, CIBC Private Wealth Group LLC, Arrowstreet Capital Limited Partnership, Commerce Bank, First Trust Advisors LP, NN Investment Partners Holdings N.V., BNP Paribas Arbitrage SA, and Douglas Lane & Associates LLC.
View insider buying and selling activity for Broadridge Financial Solutions

How do I buy shares of Broadridge Financial Solutions?

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

What is Broadridge Financial Solutions' stock price today?

One share of BR stock can currently be purchased for approximately $149.22.

How big of a company is Broadridge Financial Solutions?

Broadridge Financial Solutions has a market capitalization of $17.25 billion and generates $4.53 billion in revenue each year. The business services provider earns $462.50 million in net income (profit) each year or $5.03 on an earnings per share basis. Broadridge Financial Solutions employs 12,000 workers across the globe.

What is Broadridge Financial Solutions' official website?

The official website for Broadridge Financial Solutions is www.broadridge.com.

How can I contact Broadridge Financial Solutions?

Broadridge Financial Solutions' mailing address is 5 DAKOTA DRIVE, LAKE SUCCESS NY, 11042. The business services provider can be reached via phone at 516-472-5400 or via email at [email protected]

This page was last updated on 12/5/2020 by MarketBeat.com Staff

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