NYSE:BR - Broadridge Financial Solutions Stock Price, News, & Analysis

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$99.99 +1.20 (+1.21 %)
(As of 12/12/2018 04:00 PM ET)
Previous Close$98.79
Today's Range$99.89 - $101.92
52-Week Range$87.51 - $138.24
Volume991,559 shs
Average Volume979,304 shs
Market Capitalization$11.52 billion
P/E Ratio23.86
Dividend Yield1.95%
Beta0.91
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 provides registered proxy, registrar, stock transfer, and record-keeping services to corporations; and distributes regulatory reports and corporate action/reorganization event information, and tax reporting solutions. In addition, this segment offers customer communication solutions, including processing and distributing its clients' transactional, regulatory, and marketing communications through print and digital channels. Further, it provides cloud-based marketing and customer communication tools, as well as customer and account data aggregation and reporting services; and creates sales and educational content, including seminars and a library of financial planning topics, as well as customizable advisor Websites, search engine marketing, and electronic and print newsletters. Additionally, this segment offers mutual fund and retirement, and mutual fund trade processing services. The company's Global Technology and Operations segment offers middle- and back-office securities processing solutions that include 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, reconciliation, securities financing and collateral optimization, compliance and regulatory reporting, and accounting. It also provides international securities processing and managed services. The company was founded in 1962 and is headquartered in Lake Success, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
Current SymbolNYSE:BR
Previous Symbol
CUSIP11133T10
Phone516-472-5400

Debt

Debt-to-Equity Ratio0.93
Current Ratio1.69
Quick Ratio1.69

Price-To-Earnings

Trailing P/E Ratio23.86
Forward P/E Ratio21.37
P/E Growth2.11

Sales & Book Value

Annual Sales$4.33 billion
Price / Sales2.70
Cash Flow$6.1570 per share
Price / Cash Flow16.24
Book Value$9.28 per share
Price / Book10.77

Profitability

EPS (Most Recent Fiscal Year)$4.19
Net Income$427.90 million
Net Margins10.39%
Return on Equity46.83%
Return on Assets15.92%

Miscellaneous

Employees10,000
Outstanding Shares116,750,000
Market Cap$11.52 billion
OptionableOptionable

Broadridge Financial Solutions (NYSE:BR) Frequently Asked Questions

What is Broadridge Financial Solutions' stock symbol?

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

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 Friday, November 9th. Stockholders of record on Friday, December 14th will be given a dividend of $0.485 per share on Thursday, January 3rd. This represents a $1.94 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date is Thursday, December 13th. View Broadridge Financial Solutions' Dividend History.

How were Broadridge Financial Solutions' earnings last quarter?

Broadridge Financial Solutions, Inc. (NYSE:BR) announced its earnings results on Tuesday, November, 6th. The business services provider reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. The business services provider earned $973 million during the quarter, compared to analyst estimates of $970.19 million. Broadridge Financial Solutions had a return on equity of 46.83% and a net margin of 10.39%. The firm's quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the firm earned $0.54 EPS. View Broadridge Financial Solutions' Earnings History.

When is Broadridge Financial Solutions' next earnings date?

Broadridge Financial Solutions is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Broadridge Financial Solutions.

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

Broadridge Financial Solutions issued an update on its FY 2019 earnings guidance on Tuesday, November, 6th. The company provided EPS guidance of $4.57-4.73 for the period, compared to the Thomson Reuters consensus estimate of $4.67. The company issued revenue guidance of $4.46-4.547 billion, compared to the consensus revenue estimate of $4.5 billion.Broadridge Financial Solutions also updated its FY19 guidance to $4.57 to $4.73 EPS.

What price target have analysts set for BR?

6 analysts have issued twelve-month price targets for Broadridge Financial Solutions' stock. Their forecasts range from $92.00 to $150.00. On average, they expect Broadridge Financial Solutions' stock price to reach $116.40 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price. View Analyst Price Targets for Broadridge Financial Solutions.

What is the consensus analysts' recommendation for Broadridge Financial Solutions?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadridge Financial Solutions in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Broadridge Financial Solutions.

Has Broadridge Financial Solutions been receiving favorable news coverage?

Press coverage about BR stock has been trending extremely positive on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Broadridge Financial Solutions earned a news sentiment score of 5.0 on InfoTrie's scale. They also assigned headlines about the business services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of Broadridge Financial Solutions' key competitors?

Who are Broadridge Financial Solutions' key executives?

Broadridge Financial Solutions' management team includes the folowing people:
  • Mr. Richard J. Daly, CEO & Director (Age 65)
  • Mr. Timothy C. Gokey, Pres & COO (Age 56)
  • Mr. James M. Young, Corp. VP & CFO (Age 47)
  • Mr. Christopher J. Perry, Corp. Sr. VP of Global Sales, Marketing & Client Solutions (Age 56)
  • Mr. Robert Schifellite, Corp. Sr. VP of Investor Communication Solutions (Age 60)

Who are Broadridge Financial Solutions' major shareholders?

Broadridge Financial Solutions' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.24%), BlackRock Inc. (8.78%), Janus Henderson Group PLC (5.32%), Atlanta Capital Management Co. L L C (1.81%), AQR Capital Management LLC (1.71%) and Morgan Stanley (1.70%). Company insiders that own Broadridge Financial Solutions stock include Adam D Amsterdam, Charles J Marchesani, Christopher John Perry, Douglas Richard Deschutter, James M Young, Julie R Taylor, Laura Matlin, Leslie A Brun, Richard J Daly, Richard J Haviland, Robert F Kalenka, Robert Schifellite, Stuart R Levine, Thomas P Carey and Timothy C Gokey. View Institutional Ownership Trends for Broadridge Financial Solutions.

Which major investors are selling Broadridge Financial Solutions stock?

BR stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Brown Advisory Inc., Atlanta Capital Management Co. L L C, Fiduciary Management Inc. WI, Clarkston Capital Partners LLC, Acadian Asset Management LLC, Bahl & Gaynor Inc. and Confluence Investment Management LLC. Company insiders that have sold Broadridge Financial Solutions company stock in the last year include Adam D Amsterdam, Christopher John Perry, Douglas Richard Deschutter, James M Young, Julie R Taylor, Laura Matlin, Leslie A Brun, Richard J Daly, Richard J Haviland, Robert F Kalenka, Robert Schifellite, Stuart R Levine, Thomas P Carey and Timothy C Gokey. View Insider Buying and Selling for Broadridge Financial Solutions.

Which major investors are buying Broadridge Financial Solutions stock?

BR stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Wells Fargo & Company MN, Marshall Wace North America L.P., Renaissance Technologies LLC, TD Asset Management Inc., Los Angeles Capital Management & Equity Research Inc., Rehmann Capital Advisory Group and Deutsche Bank AG. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Broadridge Financial Solutions' stock price today?

One share of BR stock can currently be purchased for approximately $99.99.

How big of a company is Broadridge Financial Solutions?

Broadridge Financial Solutions has a market capitalization of $11.52 billion and generates $4.33 billion in revenue each year. The business services provider earns $427.90 million in net income (profit) each year or $4.19 on an earnings per share basis. Broadridge Financial Solutions employs 10,000 workers across the globe.

What is Broadridge Financial Solutions' official website?

The official website for Broadridge Financial Solutions is http://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]


MarketBeat Community Rating for Broadridge Financial Solutions (NYSE BR)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  289 (Vote Outperform)
Underperform Votes:  473 (Vote Underperform)
Total Votes:  762
MarketBeat's community ratings are surveys of what our community members think about Broadridge Financial Solutions and other stocks. Vote "Outperform" if you believe BR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/12/2018 by MarketBeat.com Staff

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