Shares of Broadridge Financial Solutions, Inc. (NYSE:BR – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the eight analysts that are covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $221.5714.
Several equities analysts recently weighed in on the company. Royal Bank Of Canada restated an “outperform” rating and issued a $200.00 price target on shares of Broadridge Financial Solutions in a research note on Monday. UBS Group cut their price target on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Needham & Company LLC cut their price target on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, May 1st. DA Davidson cut their price target on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th. Finally, Weiss Ratings lowered Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th.
Check Out Our Latest Report on BR
Insider Buying and Selling at Broadridge Financial Solutions
Institutional Investors Weigh In On Broadridge Financial Solutions
Institutional investors have recently bought and sold shares of the company. Reflection Asset Management acquired a new stake in Broadridge Financial Solutions in the 4th quarter worth about $25,000. Nemes Rush Group LLC acquired a new stake in Broadridge Financial Solutions in the 4th quarter worth about $27,000. Prosperity Bancshares Inc acquired a new stake in Broadridge Financial Solutions in the 4th quarter worth about $28,000. WPG Advisers LLC boosted its holdings in Broadridge Financial Solutions by 77.5% in the 4th quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock worth $32,000 after buying an additional 62 shares during the last quarter. Finally, Evolution Wealth Management Inc. acquired a new stake in Broadridge Financial Solutions in the 1st quarter worth about $36,000. 90.03% of the stock is currently owned by institutional investors and hedge funds.
Broadridge Financial Solutions Price Performance
Shares of Broadridge Financial Solutions stock opened at $140.14 on Thursday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97. Broadridge Financial Solutions has a twelve month low of $133.83 and a twelve month high of $271.91. The business has a 50-day moving average price of $150.55 and a 200 day moving average price of $179.47. The firm has a market cap of $16.21 billion, a PE ratio of 15.00 and a beta of 0.88.
Broadridge Financial Solutions (NYSE:BR – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.09. Broadridge Financial Solutions had a return on equity of 40.14% and a net margin of 15.03%.The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same quarter in the previous year, the business earned $2.44 EPS. Broadridge Financial Solutions’s revenue for the quarter was up 7.8% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Sell-side analysts predict that Broadridge Financial Solutions will post 9.55 earnings per share for the current fiscal year.
Broadridge Financial Solutions Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 12th will be paid a $0.975 dividend. This represents a $3.90 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, June 12th. Broadridge Financial Solutions’s payout ratio is currently 41.76%.
Broadridge Financial Solutions Company Profile
Broadridge Financial Solutions is a global fintech company that provides technology-driven solutions and outsourcing services to the financial services industry. The firm’s core offerings center on investor communications, securities processing and post-trade services, and technology platforms that support capital markets and wealth management operations. Broadridge positions itself as a provider of mission-critical infrastructure that helps financial institutions manage regulatory requirements, investor engagement and operational complexity.
Products and services include proxy and shareholder communications, investor disclosure and digital communications, proxy voting and tabulation, clearing and settlement support, trade processing and reconciliation, and a range of software-as-a-service platforms for wealth and asset managers.
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