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

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$113.39 +0.60 (+0.53 %)
(As of 04/23/2019 08:01 AM ET)
Previous Close$112.79
Today's Range$112.11 - $113.45
52-Week Range$91.34 - $138.24
Volume498,454 shs
Average Volume929,492 shs
Market Capitalization$13.12 billion
P/E Ratio27.06
Dividend Yield1.72%
Beta0.84
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

Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
CUSIP11133T10
Phone516-472-5400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.33 billion
Cash Flow$6.1061 per share
Book Value$9.28 per share

Profitability

Net Income$427.90 million

Miscellaneous

Employees10,000
Market Cap$13.12 billion
Next Earnings Date5/14/2019 (Estimated)
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 announced a quarterly dividend on Thursday, February 7th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.485 per share on Wednesday, April 3rd. This represents a $1.94 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date is Thursday, March 14th. View Broadridge Financial Solutions' Dividend History.

How were Broadridge Financial Solutions' earnings last quarter?

Broadridge Financial Solutions, Inc. (NYSE:BR) released its earnings results on Thursday, February, 7th. The business services provider reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by $0.15. The business services provider had revenue of $953.40 million for the quarter, compared to the consensus estimate of $967.21 million. Broadridge Financial Solutions had a net margin of 10.25% and a return on equity of 43.95%. The firm's revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.79 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 Tuesday, May 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 FY19 earnings guidance on Thursday, February, 7th. The company provided EPS guidance of $4.57-4.73 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.66. The company issued revenue guidance of $4.46-4.55 billion, compared to the consensus revenue estimate of $4.48 billion.Broadridge Financial Solutions also updated its FY 2019 guidance to $4.57-4.74 EPS.

What price target have analysts set for BR?

6 brokers have issued 12-month target prices for Broadridge Financial Solutions' stock. Their forecasts range from $110.00 to $130.00. On average, they anticipate Broadridge Financial Solutions' share price to reach $116.80 in the next year. This suggests a possible upside of 3.0% 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 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Broadridge Financial Solutions.

Has Broadridge Financial Solutions been receiving favorable news coverage?

Press coverage about BR stock has trended somewhat negative recently, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Broadridge Financial Solutions earned a coverage optimism score of -1.6 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days.

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), Netflix (NFLX), Micron Technology (MU), Visa (V), Alibaba Group (BABA), Home Depot (HD), Paypal (PYPL), Walt Disney (DIS) and Boeing (BA).

Who are Broadridge Financial Solutions' key executives?

Broadridge Financial Solutions' management team includes the folowing people:
  • Mr. Richard J. Daly, Exec. Chairman (Age 66)
  • Mr. Timothy C. Gokey, Pres, CEO & Director (Age 57)
  • Mr. James M. Young, Corp. VP & CFO (Age 48)
  • Mr. Christopher J. Perry, Corp. Sr. VP of Global Sales, Marketing & Client Solutions (Age 57)
  • Mr. Robert Schifellite, Corp. Sr. VP of Investor Communication Solutions (Age 61)

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 Confluence Investment Management LLC (0.80%), Clarkston Capital Partners LLC (0.56%), Fenimore Asset Management Inc. (0.17%), Gateway Investment Advisers LLC (0.13%), Pennsylvania Trust Co (0.12%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.12%). Company insiders that own Broadridge Financial Solutions stock include Adam D Amsterdam, Alan J Weber, 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 PGGM Investments, Bowling Portfolio Management LLC, Confluence Investment Management LLC, Gateway Investment Advisers LLC, TIAA FSB, Tributary Capital Management LLC, Fruth Investment Management and First Bank & Trust. Company insiders that have sold Broadridge Financial Solutions company stock in the last year include Adam D Amsterdam, Alan J Weber, Christopher John Perry, James M Young, Julie R Taylor, 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 Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Bell Asset Management Ltd, Fenimore Asset Management Inc., Clarkston Capital Partners LLC, Mcrae Capital Management Inc., Aurora Investment Counsel, Lantz Financial LLC and Wendell David Associates Inc.. 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 $113.39.

How big of a company is Broadridge Financial Solutions?

Broadridge Financial Solutions has a market capitalization of $13.12 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:  1.8 out of 5 (star)
Outperform Votes:  305 (Vote Outperform)
Underperform Votes:  525 (Vote Underperform)
Total Votes:  830
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 4/23/2019 by MarketBeat.com Staff

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