Broadridge Financial Solutions, Inc. (BR)

NYSE: BR · IEX Real-Time Price · USD
142.11
-2.71 (-1.87%)
Dec 9, 2022 4:00 PM EST - Market closed
-1.87%
Market Cap 17.04B
Revenue (ttm) 5.80B
Net Income (ttm) 522.30M
Shares Out 117.50M
EPS (ttm) 4.40
PE Ratio 32.30
Forward PE 21.05
Dividend $2.65 (1.86%)
Ex-Dividend Date Dec 14, 2022
Volume 613,962
Open 144.36
Previous Close 144.82
Day's Range 141.78 - 144.95
52-Week Range 131.35 - 185.4
Beta 0.92
Analysts Buy
Price Target 167.20 (+17.7%)
Earnings Date Nov 2, 2022

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]

Industry IT Services
IPO Date Apr 2, 2007
CEO Timothy C. Gokey
Employees 14,300
Stock Exchange NYSE
Ticker Symbol BR
Full Company Profile

Financial Performance

In 2022, BR's revenue was $5.71 billion, an increase of 14.33% compared to the previous year's $4.99 billion. Earnings were $539.10 million, a decrease of -1.53%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for BR stock is "Buy." The 12-month stock price forecast is 167.2, which is an increase of 17.66% from the latest price.

Price Target
$167.2
(17.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Broadridge and IntraFi Partner to Offer Securities-Based Lending

Partnership provides IntraFi's 3,000 network members access to Broadridge's best-in-class SBL technology and participation in its Wealth Lending Network NEW YORK , Dec. 8, 2022 /PRNewswire/ -- Amid an i...

1 day ago - PRNewsWire

Broadridge Appoints Martin Koopman as Chief Product Officer

NEW YORK , Dec. 5, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, is pleased to announce the appointment of Martin Koopman as Chief Product Officer, effec...

4 days ago - PRNewsWire

Broadridge to Participate in Investor Conference

NEW YORK , Dec. 2, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that Edmund Reese, Chief Financial Officer, will be hosting individual investor meetings at the D.A. Davi...

1 week ago - PRNewsWire

Broadridge Financial (BR) Up 11.9% Since Last Earnings Report: Can It Continue?

Broadridge Financial (BR) reported earnings 30 days ago. What's next for the stock?

1 week ago - Zacks Investment Research

Broadridge's LTX® Announces Leadership Transitions, Jim Kwiatkowski Named CEO of LTX

NEW YORK , Nov. 30, 2022 /PRNewswire/ -- LTX, Broadridge Financial Solutions, Inc.'s [BR: NYSE] artificial intelligence (AI)-driven digital trading business, today announced that Jim Kwiatkowski has bee...

1 week ago - PRNewsWire

Broadridge Teams with SLIB to Deliver French Market Voting Solution for Global Investors

Joint collaboration increases voting efficiency and corporate governance for global investment in French market LONDON and PARIS , Nov. 29, 2022 /PRNewswire/ -- Extending their joint strategic commitmen...

1 week ago - PRNewsWire

Here's Why You Should Retain Broadridge (BR) Stock for Now

Broadridge's (BR) Global Technology and Operations business looks well poised to be driven by the Itiviti acquisition.

3 weeks ago - Zacks Investment Research

Broadridge Declares Quarterly Dividend of $0.725 Per Share

NEW YORK , Nov. 10, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that its Board of Directors has declared a quarterly cash dividend of $0.725 per share. The dividend is ...

4 weeks ago - PRNewsWire

7 Tech Stocks Set to Soar From 52-Week Lows

The selloff in tech stocks has gone from bad to worse. This earnings season has been a mess for the technology sector with numerous big-name companies coming up well short of expectations.

Other symbols: ADIMSFTSABRTSMTYLZI
1 month ago - InvestorPlace

FLX Networks Secures $10 Million in Strategic Investments, Led by Barings

Allianz Life Ventures and Broadridge Financial Solutions join asset manager, rounding out global investment in modernized model BERNARDSVILLE, N.J. , Nov. 3, 2022 /PRNewswire/ -- FLX Networks, the techn...

1 month ago - PRNewsWire

Broadridge's (BR) Q1 Earnings Miss Estimates, Decline Y/Y

Broadridge's (BR) first-quarter fiscal 2023 revenues increase year over year.

1 month ago - Zacks Investment Research

Broadridge Financial Solutions (BR) Lags Q1 Earnings Estimates

Broadridge Financial (BR) delivered earnings and revenue surprises of -3.45% and 1.74%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Broadridge Reports First Quarter Fiscal 2023 Results

Recurring revenues grew 7%; up 9% constant currency Diluted EPS was $0.42 and Adjusted EPS was $0.84 Reaffirming Fiscal Year 2023 Guidance including 6 - 9% Recurring revenue growth constant currency and...

1 month ago - PRNewsWire

Broadridge Launches New End-to-End Solution for SFDR Reporting

Solution helps funds streamline ESG reporting and meet SFDR requirements NEW YORK and LONDON , Oct. 31, 2022 /PRNewswire/ -- To better support European asset managers in meeting their compliance obligat...

1 month ago - PRNewsWire

Broadridge Fully Automates Corporate Action and Dividend Events, Managed Through Euroclear CREST

NEW YORK , Oct. 25, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, announced today that it will enable clients to better automate the processing of Corpora...

1 month ago - PRNewsWire

Broadridge Schedules Webcast and Conference Call to Review First Quarter Fiscal Year 2023 Results on November 2, 2022

NEW YORK , Oct. 20, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the first quarter of fiscal year 2023 on Wednesday, November 2, ...

1 month ago - PRNewsWire

Alternative Investment and Private Fund Use Surges as Financial Advisors Demand Diversification, New Broadridge Surve...

Use of alternative investments grows from 59% to 67% between Q1 2022 and Q3 2022 NEW YORK , Oct. 19, 2022 /PRNewswire/ -- A bi-annual survey of 400 financial advisors released today by Broadridge Financ...

1 month ago - PRNewsWire

Broadridge 2022 Sustainability Report Highlights Long-term Value

Expands Scope 1, 2 and 3 emissions data disclosure, including TCFD-aligned climate risk analysis Commits to develop net zero greenhouse gas emissions plan Provides results of inaugural ESG materiality a...

1 month ago - PRNewsWire

Schwab Asset Management™ Pilots New Proxy Polling Solution to Gain Insight Into Shareholder Preferences

WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management, the asset management arm of The Charles Schwab Corporation, today announced that it is the first large asset manager to pilot a new proxy polli...

1 month ago - Business Wire

Fierce Competition Ahead as Less Than 100 Asset Managers Secure Two-Thirds of Industry Asset Flows

Broadridge whitepaper finds organic growth across the global asset management industry expected to slow into 2031, but identifies new standards of differentiation to help firms win NEW YORK and LONDON ,...

1 month ago - PRNewsWire

Broadridge Teams with MX to Power Data Aggregation and Financial Wellness Solution

Broadens set of digital engagement tools for wealth management firms NEW YORK , Oct. 11, 2022 /PRNewswire/ -- To provide financial advisors with an innovative holistic view into all aspects of an invest...

1 month ago - PRNewsWire

Broadridge Launches New Proxy Voting in Austria via Direct Market Solutions

Direct solutions connect issuers and investors; extends research window by four days NEW YORK and LONDON and ZURICH and GENEVA , Oct. 10, 2022 /PRNewswire/ -- Further extending its innovation program to...

1 month ago - PRNewsWire

Reasons to Hold Broadridge (BR) Stock in Your Portfolio

Broadridgen's (BR) business is currently benefiting from strong growth in equity and fund records, and the transformation and digitization of the financial services industry.

2 months ago - Zacks Investment Research

Earnings Growth & Price Strength Make Broadridge Financial Solutions (BR) a Stock to Watch

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.

2 months ago - Zacks Investment Research

Hamburg Commercial Bank Transfers its SEPA Processing to Broadridge's BPO Payments Service

Average straight-through processing rate of 99.9% NEW YORK, LONDON, FRANKFURT and HAMBURG, Germany , Sept. 21, 2022 /PRNewswire/ -- Hamburg Commercial Bank (HCOB) has successfully completed the transfor...

2 months ago - PRNewsWire