Broadridge Financial Solutions (NYSE:BR) Updates FY 2027 Earnings Guidance

Broadridge Financial Solutions (NYSE:BR) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 10.370-10.750 for the period, compared to the consensus estimate of 10.410. The company issued revenue guidance of -.

Analysts Set New Price Targets

BR has been the topic of a number of recent research reports. Needham & Company LLC reduced their price objective on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. UBS Group reduced their price objective on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Weiss Ratings downgraded Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Royal Bank Of Canada restated an “outperform” rating and issued a $200.00 price target on shares of Broadridge Financial Solutions in a research report on Monday, June 22nd. Finally, DA Davidson lowered their target price on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a report on Tuesday, May 5th. Four analysts have rated the stock with a Buy rating and four 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 target price of $221.57.

Broadridge Financial Solutions Price Performance

NYSE BR opened at $174.91 on Tuesday. The firm has a market capitalization of $20.23 billion, a PE ratio of 18.60 and a beta of 0.87. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.94 and a quick ratio of 0.94. Broadridge Financial Solutions has a 12 month low of $133.83 and a 12 month high of $271.91. The company’s 50 day simple moving average is $146.94 and its 200 day simple moving average is $164.00.

Broadridge Financial Solutions (NYSE:BR) last released its earnings results on Tuesday, August 4th. The business services provider reported $3.82 EPS for the quarter, beating the consensus estimate of $3.76 by $0.06. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The business had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same period in the prior year, the business earned $3.55 earnings per share. The business’s quarterly revenue was up 7.5% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2027 guidance at 10.370-10.750 EPS. As a group, equities research analysts forecast that Broadridge Financial Solutions will post 9.55 EPS for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th were paid a $0.975 dividend. The ex-dividend date was Friday, June 12th. This represents a $3.90 dividend on an annualized basis and a yield of 2.2%. Broadridge Financial Solutions’s payout ratio is 41.76%.

Insider Buying and Selling

In other news, insider Hope M. Jarkowski sold 1,966 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $155.00, for a total transaction of $304,730.00. Following the transaction, the insider owned 1 shares in the company, valued at $155. This represents a 99.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Broadridge Financial Solutions

Institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. lifted its holdings in shares of Broadridge Financial Solutions by 7.9% during the fourth quarter. Invesco Ltd. now owns 1,547,488 shares of the business services provider’s stock valued at $345,353,000 after acquiring an additional 113,806 shares during the period. Axxcess Wealth Management LLC boosted its holdings in Broadridge Financial Solutions by 17.6% in the fourth quarter. Axxcess Wealth Management LLC now owns 32,247 shares of the business services provider’s stock valued at $7,197,000 after acquiring an additional 4,833 shares during the last quarter. Corient Private Wealth LLC increased its position in Broadridge Financial Solutions by 4.0% in the fourth quarter. Corient Private Wealth LLC now owns 473,957 shares of the business services provider’s stock worth $104,671,000 after purchasing an additional 18,173 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of Broadridge Financial Solutions by 12.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 15,015 shares of the business services provider’s stock valued at $3,206,000 after acquiring an additional 1,607 shares during the last quarter. Finally, Caitlin John LLC bought a new stake in Broadridge Financial Solutions in the fourth quarter valued at about $281,000. 90.03% of the stock is owned by institutional investors and hedge funds.

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.