Broadridge Financial Solutions, Inc. (NYSE:BR) Receives $221.57 Consensus PT from Analysts

Broadridge Financial Solutions, Inc. (NYSE:BR) has been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $221.5714.

A number of research analysts have issued reports on the company. DA Davidson decreased their target price 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. Wall Street Zen lowered Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Raymond James Financial reiterated an “outperform” rating and set a $257.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. Weiss Ratings lowered Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. Finally, Needham & Company LLC lowered their target price 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.

Broadridge Financial Solutions Trading Up 0.0%

BR opened at $149.54 on Wednesday. The firm’s fifty day moving average is $167.76 and its two-hundred day moving average is $198.42. The firm has a market cap of $17.30 billion, a PE ratio of 16.01 and a beta of 0.89. Broadridge Financial Solutions has a twelve month low of $148.36 and a twelve month high of $271.91. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 0.94.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.09. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The company 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. The firm’s revenue was up 7.8% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Equities research analysts anticipate that Broadridge Financial Solutions will post 9.55 EPS for the current year.

Broadridge Financial Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Monday, March 16th were issued a $0.975 dividend. This represents a $3.90 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Monday, March 16th. Broadridge Financial Solutions’s dividend payout ratio is 41.76%.

Insider Activity

In related news, CEO Timothy C. Gokey acquired 5,300 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average cost of $194.49 per share, for a total transaction of $1,030,797.00. Following the completion of the acquisition, the chief executive officer directly owned 142,876 shares in the company, valued at approximately $27,787,953.24. The trade was a 3.85% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Broadridge Financial Solutions

A number of large investors have recently added to or reduced their stakes in the company. First Horizon Corp acquired a new position in shares of Broadridge Financial Solutions during the third quarter worth about $25,000. Reflection Asset Management acquired a new position in Broadridge Financial Solutions during the 4th quarter worth approximately $25,000. Nemes Rush Group LLC acquired a new position in Broadridge Financial Solutions during the 4th quarter worth approximately $27,000. Guerra Advisors Inc bought a new position in shares of Broadridge Financial Solutions during the 3rd quarter worth approximately $29,000. Finally, Prosperity Bancshares Inc acquired a new stake in shares of Broadridge Financial Solutions in the fourth quarter valued at approximately $28,000. Institutional investors own 90.03% of the company’s stock.

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.