Broadridge Financial Solutions, Inc. (BR)

NYSE: BR · IEX Real-Time Price · USD
200.01
-1.39 (-0.69%)
Feb 27, 2024, 4:00 PM EST - Market closed
-0.69%
Market Cap 23.61B
Revenue (ttm) 6.32B
Net Income (ttm) 683.80M
Shares Out 117.77M
EPS (ttm) 5.74
PE Ratio 34.84
Forward PE 24.29
Dividend $3.20 (1.60%)
Ex-Dividend Date Mar 14, 2024
Volume 268,117
Open 200.95
Previous Close 201.40
Day's Range 198.84 - 201.29
52-Week Range 133.97 - 210.24
Beta 1.01
Analysts Buy
Price Target 203.17 (+1.58%)
Earnings Date Feb 1, 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 processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions. It also offers ProxyEdge, an electronic proxy delivery and votin... [Read more]

Sector Technology
IPO Date Apr 2, 2007
Employees 14,700
Stock Exchange NYSE
Ticker Symbol BR
Full Company Profile

Financial Performance

In 2023, BR's revenue was $6.06 billion, an increase of 6.16% compared to the previous year's $5.71 billion. Earnings were $630.60 million, an increase of 16.97%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for BR stock is "Buy." The 12-month stock price forecast is $203.17, which is an increase of 1.58% from the latest price.

Price Target
$203.17
(1.58% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Broadridge Whitepaper Highlights the Drive for Efficiency Amongst Nordic Capital Markets Firms

NEW YORK and LONDON and STOCKHOLM , Feb. 27, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today announced the launch of a new whitepaper in collaborat...

1 day ago - PRNewsWire

Broadridge to Participate in Upcoming Investor Events

NEW YORK , Feb. 22, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that it will be participating at four upcoming investor events. Three of these events will include fir...

5 days ago - PRNewsWire

Navigating the CX Challenge: Despite Companies' Increased Tech Investments, Consumer Impatience Grows

Almost half of consumers are willing to spend more for an improved customer experience, according to Broadridge's 6th Annual CX and Communications Survey NEW YORK , Feb. 20, 2024 /PRNewswire/ -- Amid ...

7 days ago - PRNewsWire

Broadridge Declares Quarterly Dividend of $0.80 Per Share

NEW YORK , Feb. 16, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that its Board of Directors has declared a quarterly cash dividend of $0.80 per share. The dividend is...

11 days ago - PRNewsWire

Global Class Action Mega-Settlements Smash Four-Year Average by Over 87% New Broadridge Report Shows

Expansion of Opt-in Jurisdictions and Increasing Prevalence of Collective Investor Global Actions Among Top 2023 Trends NEW YORK , Feb. 15, 2024 /PRNewswire/ -- Class action securities settlements had...

12 days ago - PRNewsWire

Three-Stock Lunch: Teradyne, Broadridge Fin and Carrier Global

Dave Wagner, Aptus Capital Advisors portfolio manager, joins 'Power Lunch' to discuss three stock plays including Teradyne, Broadridge Fin and Carrier Global.

Other symbols: CARRTER
18 days ago - CNBC Television

NioCorp Joins With Major Automotive Manufacturers, Mining Companies and Electric Vehicle Battery Companies To Urge Action by Biden Administration on Mining Tax Incentive

CENTENNIAL, CO / ACCESSWIRE / February 8, 2024 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB)(TSX:NB) joined with major automotive manufacturers, mining companies, and electric v...

Other symbols: NB
19 days ago - Accesswire

Fifth Annual Broadridge Survey Reveals Time and Expertise Top Challenges in Advisor Marketing Strategies

Advisors with a defined marketing strategy falls to the lowest rate in five years (20% in U.S.), yet confidence in meeting practice goals remains high Less than half of U.S. advisors currently use or ...

20 days ago - PRNewsWire

Broadridge Reports Second Quarter Fiscal 2024 Results

Recurring revenues grew 7%; up 6% constant currency Diluted EPS rose to $0.59 and Adjusted EPS increased to $0.92 Year-to-date Closed sales rose 12% Reaffirming FY'24 guidance, including 6-9% Recurrin...

26 days ago - PRNewsWire

Broadridge Recognized as One of FORTUNE Magazine's 2024 'World's Most Admired Companies'

NEW YORK , Jan. 31, 2024 /PRNewswire/ -- FORTUNE® magazine has named Broadridge Financial Solutions, Inc. (NYSE: BR) to its list of the World's Most Admired Companies in the financial data services ca...

27 days ago - PRNewsWire

Silverview Credit Partners Optimizes Investment Operations with Broadridge's Private Debt Portfolio Management Solution

Broadridge's Sentry solution to streamline and further automate Silverview's private credit investment processes NEW YORK , Jan. 31, 2024 /PRNewswire/ -- As investor demand for private debt and direct...

27 days ago - PRNewsWire

NioCorp Collaborating with Leading UK-Based Research University to Develop Innovative Aluminum-Scandium Alloys for the Automotive Sector

CENTENNIAL, CO / ACCESSWIRE / January 30, 2024 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB)(TSX:NB) is pleased to announce that the Company has entered into an agreement with L...

Other symbols: NB
4 weeks ago - Accesswire

LTX by Broadridge Announces Four New Patents Covering Fixed Income Trading Innovations

NEW YORK , Jan. 29, 2024 /PRNewswire/ -- LTX, a subsidiary of global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that it has been awarded four new patents on its fi...

4 weeks ago - PRNewsWire

NioCorp Reports Voting Results from the Election of Directors at its Annual General Meeting

CENTENNIAL, CO / ACCESSWIRE / January 19, 2024 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB)(TSX:NB) announced the details of the voting results for the election of directors at...

Other symbols: NB
5 weeks ago - Accesswire

Broadridge Schedules Webcast and Conference Call to Review Second Quarter Fiscal Year 2024 Results on February 1, 2024

NEW YORK , Jan. 18, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the second quarter of fiscal year 2024 on Thursday, February 1...

5 weeks ago - PRNewsWire

NioCorp to Host Live Investor Webcast on January 19, 2024

CENTENNIAL, CO / ACCESSWIRE / January 16, 2024 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB)(TSX:NB) is pleased to announce that it will host a live investor webcast at 8:30 a.m...

Other symbols: NB
6 weeks ago - Accesswire

NioCorp to Present at Defense Industry Rare Earths Mine-to-Magnets Workshop

CENTENNIAL, CO / ACCESSWIRE / January 15, 2024 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB)(TSX:NB) is pleased to announce that it will present on the Elk Creek Critical Minera...

Other symbols: NB
6 weeks ago - Accesswire

Broadridge Launches GenAI-Powered OpsGPT to Transform and Optimize Trading in a T+1 Environment

Simplifying and optimizing operations with GenAI and LLM technology to improve efficiency, mitigate risks and enhance governance across the T+1 trade lifecycle NEW YORK , Jan. 11, 2024 /PRNewswire/ --...

6 weeks ago - PRNewsWire

Broadridge and Boring Money Collaborate to Deliver Consumer Duty Solution for Asset Managers

Unparalleled, holistic insights created for asset managers and fund boards from combined product and consumer data sets LONDON and NEW YORK , Jan. 11, 2024 /PRNewswire/ -- Boring Money, a financial da...

6 weeks ago - PRNewsWire

TMF Group Adopts Broadridge's Sentry Loan Administration Platform to Scale for Private Debt and CLO Fund Services Business Growth

LONDON and NEW YORK , Dec. 13, 2023 /PRNewswire/ -- Global Fintech leader  Broadridge Financial Solutions, Inc.  (NYSE:BR) announces that TMF Group, a leading provider of critical compliance and admin...

2 months ago - PRNewsWire

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

2 months ago - GlobeNewsWire

The Bull Case for Broadridge Continues

Investors should like the company's plans for the years ahead.

2 months ago - Barrons

There's a big disconnect between buyers and sellers in the deal-making space, says Broadridge CEO

Tim Gokey, Broadridge CEO, joins 'Closing Bell Overtime' to talk quarterly earnings, the deal making landscape, the FinTech space, AI and more.

2 months ago - CNBC Television

Broadridge Highlights Path for Sustainable Long-term Growth at Investor Day 2023

Targeting Fiscal Year 2024-2026 Recurring revenue growth of 7-9% and Adjusted EPS growth of 8-12% Reaffirming Fiscal Year 2024 Guidance NEW YORK , Dec. 7, 2023 /PRNewswire/ -- Broadridge Financial Sol...

2 months ago - PRNewsWire

Broadridge Investment Management Technology Enhances Carlyle's Private Credit and CLO Portfolio Management Operations

Broadridge technology being implemented at one of the world's largest CLO managers to increase efficiency of pipeline, trade and loan operations management NEW YORK and LONDON , Dec. 4, 2023 /PRNewswi...

3 months ago - PRNewsWire