Broadridge Financial Solutions, Inc. (BR)
Market Cap | 26.42B |
Revenue (ttm) | 6.50B |
Net Income (ttm) | 687.00M |
Shares Out | 116.89M |
EPS (ttm) | 5.79 |
PE Ratio | 39.05 |
Forward PE | 25.99 |
Dividend | $3.52 (1.56%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 535,592 |
Open | 222.90 |
Previous Close | 224.18 |
Day's Range | 222.68 - 228.09 |
52-Week Range | 188.30 - 237.96 |
Beta | 1.09 |
Analysts | Hold |
Price Target | 226.71 (+0.31%) |
Earnings Date | Jan 30, 2025 |
About BR
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry. The company’s Investor Communication Solutions segment handles the proxy materials distribution and voting processes for bank, broker-dealer, corporate issuer, and fund clients, as well as distributes regulatory reports, prospectuses, class action, and corporate action/reorganization event information, as well as tax reporting solutions. The segment also offers ProxyEdge, an electronic proxy delivery and vot... [Read more]
Financial Performance
In 2024, Broadridge Financial's revenue was $6.51 billion, an increase of 7.36% compared to the previous year's $6.06 billion. Earnings were $698.10 million, an increase of 10.70%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for BR stock is "Hold." The 12-month stock price forecast is $226.71, which is an increase of 0.31% from the latest price.
News
Broadridge Collaboration with CCRI Expands ClearFi Platform, Adding Crypto Sustainability Data
Comprehensive solution for clients required to disclose sustainability metrics and generate whitepapers as per EU MiCA regulation NEW YORK , Dec. 18, 2024 /PRNewswire/ -- A new, pioneering collaborat...
Broadridge Appoints Ashima Ghei as Chief Financial Officer
NEW YORK , Dec. 16, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that the Broadridge Board of Directors has appointed Ashima Ghei as the Company's Chief Financia...
First Abu Dhabi Bank Chooses Broadridge to Build Global Agency Securities Finance Business
Expansion of securities finance within the UAE and broader Middle East NEW YORK and ABU DHABI, UAE and LONDON , Dec. 11, 2024 /PRNewswire/ -- To drive expansion of Securities Lending in the UAE and wi...
Everest Group Positions Broadridge in the Highest Leader Position in Market Impact and as a Star Performer in Wealth Management Products PEAK Matrix® Assessment 2024
Everest Group PEAK Matrix® highlights Broadridge's relative market success and overall capability of technology based on performance, experiences, ability, and knowledge NEW YORK , Dec. 10, 2024 /PRNe...
Broadridge Announces First-of-its-Kind AI-Powered Algorithm Insights Service
NEW YORK , Dec. 9, 2024 /PRNewswire/ -- To transform the landscape of algorithmic trading, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced the launch of an innova...
Broadridge Tailored Shareholder Report Solution Wins Nicsa NOVA Innovation in Operations Award
NEW YORK , Dec. 3, 2024 /PRNewswire/ -- Nicsa, a prominent asset and wealth management industry association, awarded its 2024 NOVA "Innovation in Operations" award to Broadridge Financial Solutions, I...
LTX, A Broadridge Company, Announces Strategic Partnership with TransFICC to Improve Connectivity and Onboarding Speeds
Sell-side clients benefit from simplified integration and connectivity to LTX, reduced operational risk and implementation costs and improved time-to-market NEW YORK , Nov. 26, 2024 /PRNewswire/ -- LT...
Broadridge to Participate in Upcoming Investor Event
NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that it will be participating at the UBS Global Technology and AI Conference, including a fireside cha...
Broadridge Significantly Enhances Structured Product Trading Capabilities
New enhancements address industry needs to quote at unprecedented scale, while optimizing trading technology to unlock significant efficiency gains for traders NEW YORK and LONDON , Nov. 21, 2024 /PRN...
Broadridge Declares Quarterly Dividend of $0.88 Per Share
NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that its Board of Directors has declared a quarterly cash dividend of $0.88 per share. The dividend is...
Broadridge: More High Single-Digit Earnings Growth Ahead
Broadridge Financial Solutions has a strong history of profitable growth, robust markets, and resources for continued organic and acquisition-driven expansion, supporting a Buy rating. With a one-year...
Broadridge Named a Category Leader by Chartis in Collateral Management Systems
NEW YORK , Nov. 7, 2024 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that its Banking Book Collateral Management Technology, COLLATE, has been ...
Broadridge Financial Solutions, Inc. (BR) Q1 2025 Earnings Call Transcript
Broadridge Financial Solutions, Inc. (NYSE:BR) Q1 2025 Results Conference Call November 5, 2024 8:30 AM ET Company Participants Edings Thibault - Head of Investor Relations Tim Gokey - Chief Executiv...
Broadridge Financial profit beats estimates on strength in global technology unit
Fintech firm Broadridge Financial beat Wall Street estimates for first-quarter profit on Tuesday, helped by resilient demand in its global technology business.
Broadridge Reports First Quarter Fiscal 2025 Results
Recurring revenues grew 3%; up 4% constant currency Closed sales rose 21% to $57 million Diluted EPS was $0.68 and Adjusted EPS was $1.00 Raising FY'25 guidance to include 6-8% Recurring revenue growt...
Broadridge Completes Acquisition of Kyndryl SIS
NEW YORK and TORONTO , Nov. 1, 2024 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) has completed its previously announced acquisition of Kyndryl's Securities Indu...
Broadridge Launches New Digital Asset Information Platform to Help Financial Intermediaries Comply with Regulatory Guidelines
The Broadridge® ClearFi solution provides investors with user-friendly information on digital assets. NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), today an...
Broadridge Announces Distribution Insights for Asset Managers on Salesforce AppExchange
Broadridge customers can now benefit from expanded metrics and analytics to increase sales conversion rates and grow revenue NEW YORK , Oct. 24, 2024 /PRNewswire/ -- Broadridge Financial Solutions Inc...
Broadridge Schedules Webcast and Conference Call to Review First Quarter Fiscal Year 2025 Results on November 5, 2024
NEW YORK , Oct. 22, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the first quarter of fiscal year 2025 on Tuesday, November 5, ...
TD Bank Joins LTX, A Broadridge Company, As a Liquidity Provider
NEW YORK , Oct. 22, 2024 /PRNewswire/ -- LTX, an AI-powered corporate bond trading platform backed by global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), today announced that TD Ba...
Broadridge Expands OTC Derivatives Reporting Solution Across Multiple Jurisdictions
NEW YORK and LONDON and SINGAPORE , Oct. 20, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global technology leader, today announced its readiness to support new OTC derivati...
Broadridge Launches Instant Payments Service, Aligned with New EU Regulations
NEW YORK and LONDON and FRANKFURT, Germany , Oct. 17, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced the launch of its highly resilient a...
Danske Bank Implements Broadridge's Global Proxy Voting Solution to Enhance Investor Services
NEW YORK and LONDON and COPENHAGEN, Denmark , Oct. 16, 2024 /PRNewswire/ -- In a move to enhance client services globally, Danske Bank has implemented Broadridge Financial Solutions, Inc.'s (NYSE: BR)...
Wealth Managers Call on Asset Managers to Bolster Product Specialist Talent, New MMI-Broadridge Survey Reveals
74% of wealth managers urge an increase in product specialists from asset managers Active ETFs and alternative investments drive product lineups as interest in mutual funds declines NEW YORK , Oct. 15...
Broadridge Launches Enhanced Operational Resilience Solution and Services for International Post-Trade Processing
NEW YORK and LONDON and TOKYO , Oct. 15, 2024 /PRNewswire/ -- In response to the increased sophistication and prevalence of cyber threats, and board mandates on operational resilience, Broadridge Fina...