Broadridge Financial Solutions (NYSE:BR) Releases FY 2025 Earnings Guidance

Broadridge Financial Solutions (NYSE:BR) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 8.350-8.660 for the period, compared to the consensus EPS estimate of 8.500. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of research firms have recently weighed in on BR. DA Davidson reissued a neutral rating and issued a $185.00 price target on shares of Broadridge Financial Solutions in a report on Tuesday, June 11th. StockNews.com raised shares of Broadridge Financial Solutions from a hold rating to a buy rating in a research note on Tuesday, September 10th. JPMorgan Chase & Co. raised their price target on shares of Broadridge Financial Solutions from $224.00 to $225.00 and gave the stock a neutral rating in a research note on Tuesday, August 20th. Finally, Royal Bank of Canada boosted their price objective on shares of Broadridge Financial Solutions from $239.00 to $246.00 and gave the company an outperform rating in a research report on Wednesday, August 7th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of Moderate Buy and an average price target of $213.33.

Broadridge Financial Solutions Trading Up 0.1 %

NYSE BR opened at $212.00 on Friday. The company has a market capitalization of $25.05 billion, a price-to-earnings ratio of 36.18 and a beta of 1.05. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.08 and a quick ratio of 1.08. Broadridge Financial Solutions has a 12 month low of $166.73 and a 12 month high of $223.81. The company’s fifty day moving average price is $210.87 and its two-hundred day moving average price is $203.61.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings data on Tuesday, August 6th. The business services provider reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.49 by $0.01. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.96 billion. Broadridge Financial Solutions had a net margin of 10.73% and a return on equity of 42.77%. The firm’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.21 earnings per share. As a group, research analysts predict that Broadridge Financial Solutions will post 8.51 earnings per share for the current fiscal year.

Broadridge Financial Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Thursday, September 12th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, September 12th. This is a boost from Broadridge Financial Solutions’s previous quarterly dividend of $0.80. Broadridge Financial Solutions’s payout ratio is 60.07%.

Insider Transactions at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, President Christopher John Perry sold 17,534 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $213.41, for a total transaction of $3,741,930.94. Following the sale, the president now directly owns 50,237 shares in the company, valued at approximately $10,721,078.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, President Christopher John Perry sold 17,534 shares of Broadridge Financial Solutions stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $213.41, for a total transaction of $3,741,930.94. Following the transaction, the president now directly owns 50,237 shares of the company’s stock, valued at $10,721,078.17. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Laura Matlin sold 673 shares of the stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $216.00, for a total transaction of $145,368.00. Following the sale, the vice president now directly owns 5,530 shares of the company’s stock, valued at $1,194,480. The disclosure for this sale can be found here. Over the last quarter, insiders sold 134,386 shares of company stock valued at $28,112,824. 1.60% of the stock is currently owned by corporate insiders.

Broadridge Financial Solutions Company Profile

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.