NYSE:BR Broadridge Financial Solutions (BR) Stock Forecast, Price & News $153.25 +4.25 (+2.85%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$148.94▼$153.3250-Day Range$139.94▼$155.0852-Week Range$131.35▼$183.33Volume604,186 shsAverage Volume700,083 shsMarket Capitalization$18.08 billionP/E Ratio32.89Dividend Yield1.89%Price Target$161.40 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Broadridge Financial Solutions MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside5.3% Upside$161.40 Price TargetShort InterestBearish2.36% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.19Upright™ Environmental ScoreNews Sentiment0.41Based on 5 Articles This WeekInsider TradingSelling Shares$4.16 M Sold Last QuarterProj. Earnings Growth8.83%From $6.91 to $7.52 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.22 out of 5 starsBusiness Services Sector111th out of 337 stocksBusiness Services, Not Elsewhere Classified Industry42nd out of 91 stocks 1.3 Analyst's Opinion Consensus RatingBroadridge Financial Solutions has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $161.40, Broadridge Financial Solutions has a forecasted upside of 5.3% from its current price of $153.25.Amount of Analyst CoverageBroadridge Financial Solutions has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.36% of the outstanding shares of Broadridge Financial Solutions have been sold short.Short Interest Ratio / Days to CoverBroadridge Financial Solutions has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Broadridge Financial Solutions has recently increased by 6.49%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldBroadridge Financial Solutions pays a meaningful dividend of 1.98%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBroadridge Financial Solutions has been increasing its dividend for 15 years.Dividend CoverageThe dividend payout ratio of Broadridge Financial Solutions is 62.23%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Broadridge Financial Solutions will have a dividend payout ratio of 38.56% next year. This indicates that Broadridge Financial Solutions will be able to sustain or increase its dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBroadridge Financial Solutions has received a 32.11% net impact score from Upright. Broadridge Financial Solutions seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Financial reporting services", "Translation and interpretation services", and "Asset management software" products. See details.Environmental SustainabilityThe Environmental Impact score for Broadridge Financial Solutions is -0.19. Previous Next 1.3 News and Social Media Coverage News SentimentBroadridge Financial Solutions has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Broadridge Financial Solutions this week, compared to 5 articles on an average week.MarketBeat FollowsOnly 6 people have added Broadridge Financial Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Broadridge Financial Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,162,229.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of Broadridge Financial Solutions is held by insiders.Percentage Held by Institutions86.45% of the stock of Broadridge Financial Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Broadridge Financial Solutions are expected to grow by 8.83% in the coming year, from $6.91 to $7.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Broadridge Financial Solutions is 32.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Broadridge Financial Solutions is 32.89, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 281.92.Price to Book Value per Share RatioBroadridge Financial Solutions has a P/B Ratio of 9.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Broadridge Financial Solutions (NYSE:BR) StockBroadridge Financial Solutions, Inc. engages in the provision of investor communications and technology solutions to banks, broker-dealers, mutual funds, and corporate issuers. It operates through the following segments: Investor Communication Solutions and Global Technology and Operations. The Investor Communication Solutions segment offers services for broker-dealer investor communication, customer communication, corporate issuer, advisor solutions, and mutual fund and retirement solutions. The Global Technology and Operations segment includes middle and back-office securities processing solutions, automation services, and business process outsourcing services. The company was founded in 1962 and is headquartered in Lake Success, NY.Read More Receive BR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Broadridge Financial Solutions and its competitors with MarketBeat's FREE daily newsletter. Email Address BR Stock News HeadlinesJune 4, 2023 | americanbankingnews.comInsider Selling: Broadridge Financial Solutions, Inc. (NYSE:BR) Director Sells $1,027,962.00 in StockJune 1, 2023 | finance.yahoo.comWhy Is Broadridge Financial (BR) Down 5.4% Since Last Earnings Report?June 4, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 25, 2023 | americanbankingnews.comInsider Selling: Broadridge Financial Solutions, Inc. (NYSE:BR) VP Sells 4,052 Shares of StockMay 23, 2023 | finance.yahoo.comHannon Armstrong Sustainable Infrastructure Capital, Inc. Announces Public Offering of Common StockMay 23, 2023 | finance.yahoo.comRyan Specialty Announces Pricing of Offering of Class A Common Stock by Selling StockholdersMay 23, 2023 | finance.yahoo.comDRW Executes Intraday Repo Transactions with Societe Generale and Another Global Tier 1 Bank, Expanding Broadridge's DLR PlatformMay 21, 2023 | americanbankingnews.comZacks Research Analysts Lower Earnings Estimates for Broadridge Financial Solutions, Inc. (NYSE:BR)June 4, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Broadridge Financial Solutions (NYSE:BR)May 17, 2023 | finance.yahoo.comBroadridge Recognized for Leadership in Financial Services Industry at SIFMA's 50th Annual Operations ConferenceMay 17, 2023 | finance.yahoo.comHilltopSecurities Selects Broadridge to Provide Regulatory and Customer Communications Processing and Help Deliver A Differentiated Experience For Investors and AdvisorsMay 17, 2023 | americanbankingnews.comShort Interest in Broadridge Financial Solutions, Inc. (NYSE:BR) Expands By 7.8%May 17, 2023 | americanbankingnews.comBroadridge Financial Solutions, Inc. (NYSE:BR) Short Interest UpdateMay 16, 2023 | finance.yahoo.comProxy Voting Gets Easier for Investors with New Tech Enhancements in Broadridge's ProxyVote™ AppMay 15, 2023 | tmcnet.comDigitization and Democratization: Broadridge 2023 Investor Study HighlightsMay 15, 2023 | finance.yahoo.comDigitization and Democratization: Broadridge 2023 Investor Study Highlights the New Face of Investors Amid Surging Growth in Self-Directed Online InvestingMay 11, 2023 | msn.comBroadridge Financial Solutions (BR) Declares $0.72 DividendMay 11, 2023 | finance.yahoo.comPass-Through Voting Enabling Democratization of Investing New Broadridge Report ShowsMay 9, 2023 | marketwatch.comBroadridge Financial Solutions Inc. stock outperforms market despite losses on the dayMay 5, 2023 | msn.comRBC Capital Reiterates Broadridge Financial Solutions (BR) Outperform RecommendationMay 5, 2023 | marketwatch.comBroadridge Financial Solutions Inc. stock underperforms Friday when compared to competitorsMay 5, 2023 | americanbankingnews.comBroadridge Financial Solutions (NYSE:BR) Issues FY23 Earnings GuidanceMay 4, 2023 | finance.yahoo.comBroadridge Financial Solutions, Inc. (NYSE:BR) Q3 2023 Earnings Call TranscriptMay 3, 2023 | msn.comBroadridge Financial Solutions Non-GAAP EPS of $2.05 beats by $0.02, revenue of $1.65B in-lineMay 3, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Broadridge Financial Solutions (BR), Cogent Comms (CCOI) and Mercury Systems (MRCY)May 3, 2023 | finance.yahoo.comQ3 2023 Broadridge Financial Solutions Inc Earnings CallSee More Headlines BR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BR Company Calendar Ex-Dividend for 4/5 Dividend3/14/2023Dividend Payable4/05/2023Last Earnings5/02/2023Today6/04/2023Ex-Dividend for 7/6 Dividend6/14/2023Fiscal Year End6/30/2023Dividend Payable7/06/2023Next Earnings (Estimated)8/11/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Business services, not elsewhere classified Sub-IndustryData Processing & Outsourced Services SectorBusiness Services Current SymbolNYSE:BR CUSIP11133T10 CIK1383312 Webwww.broadridge.com Phone(516) 472-5400FaxN/AEmployees14,300Year Founded1962Price Target and Rating Average Stock Price Forecast$161.40 High Stock Price Forecast$183.00 Low Stock Price Forecast$135.00 Forecasted Upside/Downside+5.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.66 Trailing P/E Ratio32.89 Forward P/E Ratio22.18 P/E GrowthN/ANet Income$539.10 million Net Margins9.33% Pretax Margin11.71% Return on Equity40.29% Return on Assets9.36% Debt Debt-to-Equity Ratio2.04 Current Ratio1.35 Quick Ratio1.35 Sales & Book Value Annual Sales$5.71 billion Price / Sales3.17 Cash Flow$10.48 per share Price / Cash Flow14.62 Book Value$16.94 per share Price / Book9.05Miscellaneous Outstanding Shares117,980,000Free Float116,093,000Market Cap$18.08 billion OptionableOptionable Beta0.99 Social Links Key ExecutivesTim GokeyChief Executive Officer & DirectorChris PerryPresidentMatthew ConnorCOO & Head-Global Technology & OperationsEdmund J. ReeseChief Financial & Accounting Officer & VPThomas Patrick CareyVP & President-Global Technology & OperationsKey CompetitorsFLEETCOR TechnologiesNYSE:FLTGlobal PaymentsNYSE:GPNWEXNYSE:WEXExlServiceNASDAQ:EXLSMaximusNYSE:MMSView All CompetitorsInsiders & InstitutionsLeslie A BrunSold 6,900 sharesTotal: $1.03 M ($148.98/share)ProShare Advisors LLCBought 7,740 shares on 5/26/2023Ownership: 0.036%Empower Advisory Group LLCBought 1,711 shares on 5/25/2023Ownership: 0.001%Toroso Investments LLCBought 396 shares on 5/23/2023Ownership: 0.007%Ameriprise Financial Inc.Sold 26,247 shares on 5/22/2023Ownership: 0.142%View All Insider TransactionsView All Institutional Transactions BR Stock - Frequently Asked Questions Should I buy or sell Broadridge Financial Solutions stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadridge Financial Solutions in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BR shares. View BR analyst ratings or view top-rated stocks. What is Broadridge Financial Solutions' stock price forecast for 2023? 3 Wall Street research analysts have issued 1 year target prices for Broadridge Financial Solutions' stock. Their BR share price forecasts range from $135.00 to $183.00. On average, they anticipate the company's stock price to reach $161.40 in the next year. This suggests a possible upside of 5.3% from the stock's current price. 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 2023. Since then, BR stock has increased by 14.3% and is now trading at $153.25. View the best growth stocks for 2023 here. Are investors shorting Broadridge Financial Solutions? Broadridge Financial Solutions saw a increase in short interest in April. As of April 30th, there was short interest totaling 2,620,000 shares, an increase of 7.8% from the April 15th total of 2,430,000 shares. Based on an average daily trading volume, of 574,200 shares, the short-interest ratio is currently 4.6 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 Friday, August 11th 2023. View our BR earnings forecast. How were Broadridge Financial Solutions' earnings last quarter? Broadridge Financial Solutions, Inc. (NYSE:BR) posted its earnings results on Tuesday, May, 2nd. The business services provider reported $2.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.01 by $0.04. The business services provider earned $1.65 billion during the quarter, compared to the consensus estimate of $1.65 billion. Broadridge Financial Solutions had a trailing twelve-month return on equity of 40.29% and a net margin of 9.33%. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.93 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 declared a quarterly dividend on Wednesday, May 10th. Stockholders of record on Thursday, June 15th will be given a dividend of $0.725 per share on Thursday, July 6th. This represents a $2.90 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Wednesday, June 14th. Read our dividend analysis for BR. What ETFs hold Broadridge Financial Solutions' stock? ETFs with the largest weight of Broadridge Financial Solutions (NYSE:BR) stock in their portfolio include Motley Fool Mid-Cap Growth ETF (TMFM), AdvisorShares Focused Equity ETF (CWS), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), ProShares S&P Technology Dividend Aristocrats ETF (TDV), Siren Nasdaq NexGen Economy ETF (BLCN), Invesco S&P 500 Equal Weight Industrials ETF (RGI), VanEck Morningstar SMID Moat ETF (SMOT) and Motley Fool Next Index ETF (TMFX). Is Broadridge Financial Solutions a good dividend stock? Broadridge Financial Solutions (NYSE:BR) pays an annual dividend of $2.90 per share and currently has a dividend yield of 1.89%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 62.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BR will have a dividend payout ratio of 38.56% 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 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $6.91-$7.17 for the period, compared to the consensus EPS estimate of $6.92. 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." 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. (8.82%), State Street Corp (3.94%), Price T Rowe Associates Inc. MD (2.96%), Baillie Gifford & Co. (2.69%), Geode Capital Management LLC (2.14%) and Jensen Investment Management Inc. (1.49%). Insiders that own company stock include Adam D Amsterdam, Christopher John Perry, Douglas Richard Deschutter, James M Young, Julie R Taylor, Laura Matlin, Leslie A Brun, Michael Liberatore, Richard J Daly, Richard John Stingi, Robert N Duelks, Robert Schifellite, Thomas J Perna, Thomas P Carey, Timothy C Gokey and Vijay Mayadas. View institutional ownership trends. 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 $153.25. How much money does Broadridge Financial Solutions make? Broadridge Financial Solutions (NYSE:BR) has a market capitalization of $18.08 billion and generates $5.71 billion in revenue each year. The business services provider earns $539.10 million in net income (profit) each year or $4.66 on an earnings per share basis. How many employees does Broadridge Financial Solutions have? The company employs 14,300 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 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Broadridge Financial Solutions, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.