Broadridge Financial Solutions, Inc. (BR)
| Market Cap | 26.35B |
| Revenue (ttm) | 6.50B |
| Net Income (ttm) | 687.00M |
| Shares Out | 116.89M |
| EPS (ttm) | 5.79 |
| PE Ratio | 38.95 |
| Forward PE | 26.00 |
| Dividend | $3.52 (1.56%) |
| Ex-Dividend Date | Sep 12, 2024 |
| Volume | 332,079 |
| Open | 224.85 |
| Previous Close | 224.84 |
| Day's Range | 222.01 - 226.03 |
| 52-Week Range | 185.10 - 230.00 |
| Beta | 1.06 |
| Analysts | Buy |
| Price Target | 217.83 (-3.35%) |
| Earnings Date | Nov 5, 2024 |
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 6 analysts, the average rating for BR stock is "Buy." The 12-month stock price forecast is $217.83, which is a decrease of -3.35% from the latest price.
News
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 to Participate in Upcoming Investor Event
NEW YORK , Nov. 11, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that it will be participating at the Wolfe Research Wealth Symposium, including a fireside chat with m...
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...
Americas Executions Leverages Broadridge Technology to Support New Securities Lending Business
NEW YORK , Oct. 10, 2024 /PRNewswire/ -- Americas Executions (AmerX), a full-service broker-dealer, implements technology platform Securities Finance and Collateral Management (SFCM) from global finte...
2024 Proxy Voting Highlights Split Between Main Street and Wall Street in Corporate Elections, New Broadridge ProxyPulse™ Report Finds
Individual investor ownership and voting is rising NEW YORK , Sept. 26, 2024 /PRNewswire/ -- Individual investor ownership was at its highest level in a decade according to the ProxyPulse™ report rele...
SEB Implements Broadridge's International Post-Trade Processing Solution
Transforming, simplifying and optimizing the trading and operations lifecycle while extending strategic relationship NEW YORK and LONDON and STOCKHOLM , Sept. 25, 2024 /PRNewswire/ -- Global Fintech l...
Broadridge Recognized as a Leader in Financial Services for Communications Experience Platforms and Communications Outsourcing
Aspire Leaderboard placements highlight Broadridge's strength in driving strategic communications experience and direction for customers globally NEW YORK , Sept. 17, 2024 /PRNewswire/ -- Broadridge F...
Broadridge Re-defines Global Asset Servicing, Introduces Financial Industry's First Modular Platform to Unify Multiple Functions
Transforming risk management and improving operational efficiency, Broadridge is integrating several complex asset servicing functions into a single, streamlined solution NEW YORK and LONDON , Sept. 1...
Broadridge Announces First High-Quality Liquidity Asset Use Case for its Distributed Ledger Repo Platform
NEW YORK , Sept. 16, 2024 /PRNewswire/ -- Expanding its network across the global repo market, Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that a Tier-1 Cana...
Broadridge's Securities-based Lending Capabilities and Wealth Lending Network Now Integrated with Morningstar Advisor Workstation
The collaboration enables independent advisors to deliver holistic advisory services across the full balance sheet with integrated SBL capabilities to see the borrowing power for portfolios. NEW YORK ...