NYSE:BR

Broadridge Financial Solutions Stock Forecast, Price & News

$159.72
-0.50 (-0.31 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$159.29
$160.96
50-Day Range
$155.57
$165.63
52-Week Range
$121.05
$167.54
Volume456,602 shs
Average Volume546,355 shs
Market Capitalization$18.55 billion
P/E Ratio36.22
Dividend Yield1.44%
Beta0.87
30 days | 90 days | 365 days | Advanced Chart
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Broadridge Financial Solutions logo

About Broadridge Financial Solutions

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.

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MarketRank

Overall MarketRank

1.97 out of 5 stars

Business Services Sector

45th out of 505 stocks

Business Services, Not Elsewhere Classified Industry

21st out of 204 stocks

Analyst Opinion: 1.3Community Rank: 1.7Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Broadridge Financial Solutions (NYSE:BR) Frequently Asked Questions

Is Broadridge Financial Solutions a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Broadridge Financial Solutions in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Broadridge Financial Solutions stock.
View analyst ratings for Broadridge Financial Solutions
or view top-rated stocks.

What stocks does MarketBeat like better than Broadridge Financial Solutions?

Wall Street analysts have given Broadridge Financial Solutions a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Broadridge Financial Solutions wasn't one of them. MarketBeat thinks these five companies 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 Tuesday, August 10th 2021.
View our earnings forecast for Broadridge Financial Solutions
.

How were Broadridge Financial Solutions' earnings last quarter?

Broadridge Financial Solutions, Inc. (NYSE:BR) posted its earnings results on Monday, May, 3rd. The business services provider reported $1.76 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.67 by $0.09. The business services provider earned $1.39 billion during the quarter, compared to the consensus estimate of $1.28 billion. Broadridge Financial Solutions had a net margin of 10.71% and a trailing twelve-month return on equity of 45.63%. The firm's revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.67 EPS.
View Broadridge Financial Solutions' earnings history
.

How has Broadridge Financial Solutions' stock been impacted by Coronavirus?

Broadridge Financial Solutions' stock was trading at $97.67 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BR shares have increased by 63.5% and is now trading at $159.72.
View which stocks have been most impacted by COVID-19
.

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 Tuesday, May 11th. Investors of record on Tuesday, June 15th will be paid a dividend of $0.575 per share on Friday, July 2nd. This represents a $2.30 annualized dividend and a yield of 1.44%. The ex-dividend date is Monday, June 14th.
View Broadridge Financial Solutions' dividend history
.

Is Broadridge Financial Solutions a good dividend stock?

Broadridge Financial Solutions pays an annual dividend of $2.30 per share and currently has a dividend yield of 1.44%. Broadridge Financial Solutions has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Broadridge Financial Solutions is 45.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Broadridge Financial Solutions will have a dividend payout ratio of 37.04% next year. This indicates that Broadridge Financial Solutions will be able to sustain or increase its dividend.
View Broadridge Financial Solutions' dividend history.

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

Broadridge Financial Solutions updated its FY 2021 earnings guidance on Tuesday, May, 18th. The company provided EPS guidance of 5.583-5.684 for the period, compared to the Thomson Reuters consensus estimate of $5.540. The company issued revenue guidance of $4.89 billion-$4.98 billion, compared to the consensus revenue estimate of $4.75 billion.

What price target have analysts set for BR?

6 equities research analysts have issued 12-month price objectives for Broadridge Financial Solutions' shares. Their forecasts range from $127.00 to $176.00. On average, they expect Broadridge Financial Solutions' share price to reach $154.17 in the next twelve months. This suggests that the stock has a possible downside of 3.5%.
View analysts' price targets for Broadridge Financial Solutions
or view top-rated stocks among Wall Street analysts.

Who are Broadridge Financial Solutions' key executives?

Broadridge Financial Solutions' management team includes the following people:
  • Mr. Richard J. Daly, Exec. Chairman (Age 68, Pay $1.83M)
  • Mr. Timothy C. Gokey, CEO & Director (Age 59, Pay $2.41M)
  • Mr. Christopher J. Perry, Pres (Age 59, Pay $1.84M)
  • Mr. Robert Schifellite, Corp. Sr. VP & Pres of Investor Communication Solutions (Age 63, Pay $1.54M)
  • Mr. Edmund Reese, Chief Financial Officer
  • Mr. Tyler Derr, Chief Technology & Product Officer
  • Mr. John D. Hogan, Chief Information Officer (Age 73)
  • Mr. W. Edings Thibault, Head of Investor Relations
  • Mr. Adam D. Amsterdam Esq., Corp. VP & Gen. Counsel (Age 60)
  • Ms. Laura Matlin, Corp. VP, Deputy Gen. Counsel, Chief Governance Officer & Chief Compliance Officer (Age 62)

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

191 employees have rated Broadridge Financial Solutions CEO Tim Gokey on Glassdoor.com. Tim Gokey has an approval rating of 90% among Broadridge Financial Solutions' employees.

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).

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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.15%), Janus Henderson Group PLC (5.51%), Price T Rowe Associates Inc. MD (4.05%), APG Asset Management N.V. (3.48%), Baillie Gifford & Co. (3.48%) and Geode Capital Management LLC (1.74%). 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 TD Asset Management Inc., Royal Bank of Canada, Schroder Investment Management Group, Amundi Asset Management US Inc., Federated Hermes Inc., Natixis Advisors L.P., Arrowstreet Capital Limited Partnership, and Lazard Asset 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, Richard J Daly, Robert N Duelks, Robert Schifellite, Thomas J Perna, and Timothy C Gokey.
View insider buying and selling activity for Broadridge Financial Solutions
or view top insider-selling stocks.

Which institutional investors are buying Broadridge Financial Solutions stock?

BR stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Alta Capital Management LLC, Price T Rowe Associates Inc. MD, Franklin Resources Inc., Barclays PLC, King Luther Capital Management Corp, Envestnet Asset Management Inc., and NFJ Investment Group LLC.
View insider buying and selling activity for Broadridge Financial Solutions
or or view top insider-buying stocks.

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 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 $159.72.

How much money does Broadridge Financial Solutions make?

Broadridge Financial Solutions has a market capitalization of $18.55 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.

How many employees does Broadridge Financial Solutions have?

Broadridge Financial Solutions employs 12,000 workers across the globe.

When was Broadridge Financial Solutions founded?

Broadridge Financial Solutions was founded in 1962.

What is Broadridge Financial Solutions' official website?

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

Where are Broadridge Financial Solutions' headquarters?

Broadridge Financial Solutions is headquartered at 5 DAKOTA DRIVE, LAKE SUCCESS NY, 11042.

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 6/18/2021 by MarketBeat.com Staff
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