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

Broadridge Financial Solutions (NYSE:BR) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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 -.

Broadridge Financial Solutions Price Performance

BR stock opened at $210.56 on Wednesday. The stock has a market cap of $24.88 billion, a price-to-earnings ratio of 35.93 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. The company has a 50 day simple moving average of $210.53 and a 200 day simple moving average of $203.45. Broadridge Financial Solutions has a 1 year low of $166.73 and a 1 year high of $223.81.

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

Broadridge Financial Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Thursday, September 12th will be issued a dividend of $0.88 per share. This is an increase from Broadridge Financial Solutions’s previous quarterly dividend of $0.80. The ex-dividend date is Thursday, September 12th. This represents a $3.52 annualized dividend and a yield of 1.67%. Broadridge Financial Solutions’s dividend payout ratio is presently 60.07%.

Analysts Set New Price Targets

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

Insider Buying and Selling at Broadridge Financial Solutions

In other news, VP Laura Matlin sold 673 shares of the stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $216.00, for a total value of $145,368.00. Following the transaction, the vice president now owns 5,530 shares of the company’s stock, valued at approximately $1,194,480. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, VP Laura Matlin sold 673 shares of the stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $216.00, for a total transaction of $145,368.00. Following the transaction, the vice president now directly owns 5,530 shares in the company, valued at approximately $1,194,480. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Christopher John Perry sold 31,539 shares of the company’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $207.37, for a total value of $6,540,242.43. Following the completion of the sale, the president now directly owns 67,215 shares of the company’s stock, valued at approximately $13,938,374.55. The disclosure for this sale can be found here. Insiders sold a total of 134,386 shares of company stock worth $28,112,824 over the last three months. 1.60% of the stock is owned by 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.