Broadridge Financial Solutions (NYSE:BR – Get Free Report) issued its quarterly earnings data on Tuesday. The business services provider reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.25, FiscalAI reports. Broadridge Financial Solutions had a net margin of 13.11% and a return on equity of 43.28%. The business had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.61 billion. Broadridge Financial Solutions updated its FY 2026 guidance to 9.320-9.580 EPS.
Broadridge Financial Solutions Trading Up 0.7%
Shares of BR stock opened at $198.54 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $23.18 billion, a P/E ratio of 25.42 and a beta of 0.97. Broadridge Financial Solutions has a twelve month low of $193.06 and a twelve month high of $271.91. The stock’s fifty day simple moving average is $221.49 and its 200 day simple moving average is $234.57.
Broadridge Financial Solutions Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, January 5th. Investors of record on Friday, December 12th were issued a dividend of $0.975 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $3.90 annualized dividend and a dividend yield of 2.0%. Broadridge Financial Solutions’s dividend payout ratio (DPR) is 49.94%.
Insider Activity at Broadridge Financial Solutions
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of BR. Fulcrum Asset Management LLP acquired a new position in Broadridge Financial Solutions during the 3rd quarter worth about $47,000. Osterweis Capital Management Inc. bought a new position in shares of Broadridge Financial Solutions during the second quarter worth about $48,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Broadridge Financial Solutions in the third quarter worth approximately $77,000. MUFG Securities EMEA plc acquired a new position in shares of Broadridge Financial Solutions in the second quarter worth approximately $84,000. Finally, Cary Street Partners Financial LLC boosted its holdings in Broadridge Financial Solutions by 33.5% in the second quarter. Cary Street Partners Financial LLC now owns 621 shares of the business services provider’s stock valued at $151,000 after acquiring an additional 156 shares during the last quarter. 90.03% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of brokerages recently commented on BR. Weiss Ratings restated a “buy (b)” rating on shares of Broadridge Financial Solutions in a research report on Monday, December 29th. UBS Group dropped their target price on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating for the company in a research report on Thursday, November 13th. Wall Street Zen upgraded shares of Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. DA Davidson decreased their price objective on shares of Broadridge Financial Solutions from $240.00 to $228.00 and set a “neutral” rating on the stock in a research note on Friday, January 23rd. Finally, Morgan Stanley lowered their price objective on shares of Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Broadridge Financial Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $259.60.
Read Our Latest Research Report on BR
About Broadridge Financial Solutions
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.
Recommended Stories
- Five stocks we like better than Broadridge Financial Solutions
- The day the gold market broke
- Forget AI, This Will Be the Next Big Tech Breakthrough
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- ALERT: Drop these 5 stocks before the market opens tomorrow!
- End of America Update
Receive News & Ratings for Broadridge Financial Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Broadridge Financial Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
