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"Prepare for Five Years of Famine" (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
"Prepare for Five Years of Famine" (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
"Prepare for Five Years of Famine" (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
"Prepare for Five Years of Famine" (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
"Prepare for Five Years of Famine" (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
"Prepare for Five Years of Famine" (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
"Prepare for Five Years of Famine" (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
"Prepare for Five Years of Famine" (Ad)
NYSE:BR

Broadridge Financial Solutions - BR Stock Forecast, Price & News

$177.63
+0.31 (+0.17%)
(As of 08/17/2022 12:00 AM ET)
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Compare
Today's Range
$175.15
$178.57
50-Day Range
$133.41
$183.22
52-Week Range
$132.40
$185.40
Volume
592,216 shs
Average Volume
488,424 shs
Market Capitalization
$20.84 billion
P/E Ratio
39.04
Dividend Yield
1.44%
Price Target
$181.33

Broadridge Financial Solutions MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
6.4% Upside
$189.00 Price Target
Short Interest
Healthy
1.51% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.19
Upright™ Environmental Score
News Sentiment
0.81mentions of Broadridge Financial Solutions in the last 14 days
Based on 24 Articles This Week
Insider Trading
Selling Shares
$15.47 M Sold Last Quarter
Proj. Earnings Growth
6.06%
From $7.10 to $7.53 Per Share

Overall MarketRank

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

2.43 out of 5 stars

Business Services Sector

100th out of 344 stocks

Business Services, Not Elsewhere Classified Industry

41st out of 108 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 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, class action, and corporate action/reorganization event information, as well as tax reporting solutions; and provides content management, composition, and omni-channel distribution of regulatory, marketing, and transactional information, as well as mutual fund trade processing services. This segment offers data and analytics solutions; solutions for public corporations and mutual funds; financial reporting document composition and management solutions; SEC disclosure and filing 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. 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 portfolio accounting and custody-related services. It also provides business process outsourcing services; technology solutions, such as portfolio management, compliance, and operational workflow solutions; and capital market and wealth management solutions. The company was founded in 1962 and is headquartered in Lake Success, New York.

Analyst Ratings Changes

Separately, Raymond James increased their target price on shares of Broadridge Financial Solutions from $181.00 to $189.00 and gave the company an "outperform" rating in a research report on Monday.

Broadridge Financial Solutions Trading Up 0.2 %

NYSE:BR traded up $0.31 on Wednesday, reaching $177.63. 592,216 shares of the stock traded hands, compared to its average volume of 532,625. The firm has a market capitalization of $20.82 billion, a price-to-earnings ratio of 39.04 and a beta of 0.94. The company's 50 day moving average is $152.28 and its 200-day moving average is $149.43. The company has a current ratio of 1.01, a quick ratio of 1.27 and a debt-to-equity ratio of 1.98. Broadridge Financial Solutions has a 1-year low of $132.40 and a 1-year high of $185.40.

Broadridge Financial Solutions (NYSE:BR - Get Rating) last announced its quarterly earnings data on Friday, August 12th. The business services provider reported $2.65 EPS for the quarter, topping the consensus estimate of $2.62 by $0.03. The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.66 billion. Broadridge Financial Solutions had a net margin of 9.44% and a return on equity of 42.29%. The company's quarterly revenue was up 12.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.19 EPS. Equities research analysts anticipate that Broadridge Financial Solutions will post 7.1 EPS for the current fiscal year.

Broadridge Financial Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 5th. Stockholders of record on Thursday, September 15th will be given a dividend of $0.725 per share. This is an increase from Broadridge Financial Solutions's previous quarterly dividend of $0.64. The ex-dividend date is Wednesday, September 14th. This represents a $2.90 annualized dividend and a dividend yield of 1.63%. Broadridge Financial Solutions's dividend payout ratio (DPR) is 56.26%.

Insider Transactions at Broadridge Financial Solutions

In other news, VP Thomas P. Carey sold 16,703 shares of the firm's stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of $179.16, for a total transaction of $2,992,509.48. Following the completion of the sale, the vice president now owns 12,902 shares of the company's stock, valued at approximately $2,311,522.32. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, VP Thomas P. Carey sold 16,703 shares of the stock in a transaction on Monday, August 15th. The stock was sold at an average price of $179.16, for a total value of $2,992,509.48. Following the transaction, the vice president now directly owns 12,902 shares in the company, valued at approximately $2,311,522.32. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Robert Schifellite sold 69,616 shares of the stock in a transaction on Monday, August 15th. The stock was sold at an average price of $179.18, for a total value of $12,473,794.88. Following the completion of the transaction, the senior vice president now owns 57,616 shares in the company, valued at $10,323,634.88. The disclosure for this sale can be found here. Insiders own 1.90% of the company's stock.

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BR Stock News Headlines

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Broadridge Financial Solutions (NYSE:BR) PT Raised to $189.00
Broadridge's (BR) Q4 Earnings Match Estimates, Up Y/Y
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Why Broadridge (BR) Might Surprise This Earnings Season
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BR Company Calendar

Ex-Dividend for 7/6 Dividend
6/14/2022
Dividend Payable
7/06/2022
Last Earnings
8/12/2022
Today
8/18/2022
Ex-Dividend for 10/5 Dividend
9/14/2022
Dividend Payable
10/05/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
CUSIP
11133T10
Fax
N/A
Employees
13,704
Year Founded
1962

Price Target and Rating

Average Stock Price Forecast
$189.00
High Stock Price Forecast
$189.00
Low Stock Price Forecast
$189.00
Forecasted Upside/Downside
+2.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
1 Analysts

Profitability

Net Income
$539.10 million
Pretax Margin
11.77%

Debt

Sales & Book Value

Annual Sales
$5.71 billion
Cash Flow
$10.51 per share
Book Value
$16.36 per share

Miscellaneous

Free Float
115,073,000
Market Cap
$20.84 billion
Optionable
Optionable
Beta
0.94

Social Links















BR Stock - Frequently Asked Questions

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

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Broadridge Financial Solutions in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research 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 2022?

1 Wall Street research analysts have issued 12 month target prices for Broadridge Financial Solutions' shares. Their BR share price forecasts range from $189.00 to $189.00. On average, they expect the company's stock price to reach $189.00 in the next twelve months. This suggests a possible upside of 6.4% 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 2022?

Broadridge Financial Solutions' stock was trading at $182.82 at the beginning of 2022. Since then, BR stock has decreased by 2.8% and is now trading at $177.63.
View the best growth stocks for 2022 here
.

When is Broadridge Financial Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our BR earnings forecast
.

How were Broadridge Financial Solutions' earnings last quarter?

Broadridge Financial Solutions, Inc. (NYSE:BR) posted its quarterly earnings data on Friday, August, 12th. The business services provider reported $2.65 earnings per share for the quarter, topping analysts' consensus estimates of $2.62 by $0.03. The business services provider earned $1.72 billion during the quarter, compared to analysts' expectations of $1.66 billion. Broadridge Financial Solutions had a trailing twelve-month return on equity of 42.29% and a net margin of 9.44%. The company's revenue was up 12.5% compared to the same quarter last year. During the same period in the previous year, the company earned $2.19 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 Thursday, August 11th. Shareholders of record on Thursday, September 15th will be given a dividend of $0.725 per share on Wednesday, October 5th. This represents a $2.90 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend is Wednesday, September 14th. This is a positive change from the stock's previous quarterly dividend of $0.64.
Read our dividend analysis for BR
.

Is Broadridge Financial Solutions a good dividend stock?

Broadridge Financial Solutions (NYSE:BR) pays an annual dividend of $2.56 per share and currently has a dividend yield of 1.44%. 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 56.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BR will have a dividend payout ratio of 34.00% 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 updated its FY 2023 earnings guidance on Friday, August, 12th. The company provided EPS guidance of $6.91-$7.17 for the period, compared to the consensus estimate of $7.06. 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 variety of institutional and retail investors. Top institutional investors include State Street Corp (3.95%), Price T Rowe Associates Inc. MD (3.67%), Baillie Gifford & Co. (3.13%), Parnassus Investments LLC (1.25%), Wells Fargo & Company MN (1.19%) and Northern Trust Corp (1.10%). Insiders that own company 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, Michael Liberatore, Richard J Daly, Robert F Kalenka, 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 $177.63.

How much money does Broadridge Financial Solutions make?

Broadridge Financial Solutions (NYSE:BR) has a market capitalization of $20.82 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 $4.55 on an earnings per share basis.

How many employees does Broadridge Financial Solutions have?

The company employs 13,704 workers across the globe.

When was Broadridge Financial Solutions founded?

Broadridge Financial Solutions was founded in 1962.

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 8/18/2022 by MarketBeat.com Staff

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