NYSE:BR - Broadridge Financial Solutions Stock Price, Price Target & More

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$118.50 -0.19 (-0.16 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$118.69
Today's Range$117.85 - $119.00
52-Week Range$71.58 - $119.99
Volume587,200 shs
Average Volume967,865 shs
Market Capitalization$13.93 billion
P/E Ratio37.92
Dividend Yield1.24%
Beta0.85
Broadridge Financial Solutions logoBroadridge 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. Its Global Technology and Operations segment offers computerized real-time transaction processing services that include desktop productivity tools, data aggregation, performance reporting, portfolio management, order capture and execution, trade confirmation, settlement, reference data, reconciliations, and accounting; multi-currency solutions to support real-time global trading; and managed services solutions, which comprise securities clearing, record-keeping, and custody-related functions. 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
SymbolNYSE:BR
CUSIP11133T10
Phone516-472-5400

Debt

Debt-to-Equity Ratio1.04
Current Ratio1.57
Quick Ratio1.57

Price-To-Earnings

Trailing P/E Ratio37.92
Forward P/E Ratio28.15
P/E Growth2.63

Sales & Book Value

Annual Sales$4.14 billion
Price / Sales3.37
Cash Flow$4.7024 per share
Price / Cash25.20
Book Value$8.54 per share
Price / Book13.88

Profitability

EPS (Most Recent Fiscal Year)$3.13
Net Income$326.80 million
Net Margins9.37%
Return on Equity45.33%
Return on Assets14.79%

Miscellaneous

Employees10,000
Outstanding Shares117,920,000
Market Cap$13,934.59

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 announced a quarterly dividend on Friday, May 4th. Shareholders of record on Friday, June 15th will be given a dividend of $0.365 per share on Tuesday, July 3rd. This represents a $1.46 annualized dividend and a yield of 1.23%. The ex-dividend date is Thursday, June 14th. 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, May, 8th. The business services provider reported $1.00 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.79 by $0.21. The business services provider earned $1.07 billion during the quarter, compared to analyst estimates of $1.03 billion. Broadridge Financial Solutions had a net margin of 9.37% and a return on equity of 45.33%. The firm's revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.69 earnings per share. 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 Wednesday, August, 8th 2018. View Earnings Estimates for Broadridge Financial Solutions.

What price target have analysts set for BR?

5 analysts have issued 12 month target prices for Broadridge Financial Solutions' stock. Their forecasts range from $92.00 to $101.00. On average, they expect Broadridge Financial Solutions' stock price to reach $97.6667 in the next year. This suggests that the stock has a possible downside of 17.6%. View Analyst Ratings for Broadridge Financial Solutions.

What is the consensus analysts' recommendation for 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 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

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 and Client Solutions (Age 56)
  • Mr. Robert Schifellite, Corp. Sr. VP of Investor Communication Solutions (Age 60)

Has Broadridge Financial Solutions been receiving favorable news coverage?

Media stories about BR stock have been trending somewhat positive on Saturday, according to Accern Sentiment. Accern ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Broadridge Financial Solutions earned a daily sentiment score of 0.09 on Accern's scale. They also assigned media stories about the business services provider an impact score of 46.28 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Broadridge Financial Solutions' major shareholders?

Broadridge Financial Solutions' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Clarkston Capital Partners LLC (0.81%), Confluence Investment Management LLC (0.76%), Boston Advisors LLC (0.33%), First National Bank of Omaha (0.14%), Bank of Montreal Can (0.13%) and Gateway Investment Advisers LLC (0.13%). Company insiders that own Broadridge Financial Solutions stock include Adam D Amsterdam, Alan J Weber, Charles J Marchesani, Christopher John Perry, Douglas Richard Deschutter, Julie R Taylor, Laura Matlin, Leslie A Brun, Michael Liberatore, 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 Jensen Investment Management Inc., Retirement Systems of Alabama, Confluence Investment Management LLC, Clarkston Capital Partners LLC, Municipal Employees Retirement System of Michigan, Louisiana State Employees Retirement System, Westpac Banking Corp and First National Bank of Omaha. Company insiders that have sold Broadridge Financial Solutions company stock in the last year include Adam D Amsterdam, Christopher John Perry, Douglas Richard Deschutter, 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 purchased by a variety of institutional investors in the last quarter, including Boston Advisors LLC, Gateway Investment Advisers LLC, Hartford Investment Management Co., State of Alaska Department of Revenue, Bank of Montreal Can, Clinton Group Inc., Mitsubishi UFJ Asset Management UK Ltd. and NN Investment Partners Holdings N.V.. 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 $118.50.

How big of a company is Broadridge Financial Solutions?

Broadridge Financial Solutions has a market capitalization of $13.93 billion and generates $4.14 billion in revenue each year. The business services provider earns $326.80 million in net income (profit) each year or $3.13 on an earnings per share basis. Broadridge Financial Solutions employs 10,000 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 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:  251 (Vote Outperform)
Underperform Votes:  402 (Vote Underperform)
Total Votes:  653
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 7/21/2018 by MarketBeat.com Staff

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