Broadridge Financial Solutions, Inc. (NYSE:BR) Receives $221.57 Average Target Price from Brokerages

Broadridge Financial Solutions, Inc. (NYSE:BR) has been given a consensus rating of “Moderate Buy” by the eight brokerages that are covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $221.5714.

BR has been the subject of a number of analyst reports. DA Davidson cut their price target 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. Royal Bank Of Canada reduced their target price on Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, May 1st. UBS Group reduced their target price on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Wall Street Zen lowered Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Finally, Weiss Ratings lowered Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th.

Broadridge Financial Solutions Price Performance

Shares of NYSE BR opened at $153.98 on Friday. The stock has a fifty day simple moving average of $155.21 and a two-hundred day simple moving average of $187.81. Broadridge Financial Solutions has a 1-year low of $139.79 and a 1-year high of $271.91. The firm has a market cap of $17.81 billion, a price-to-earnings ratio of 16.49 and a beta of 0.88. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.97.

Broadridge Financial Solutions (NYSE:BR) last posted its earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.09. Broadridge Financial Solutions had a return on equity of 40.14% and a net margin of 15.03%.The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the prior year, the business posted $2.44 earnings per share. The business’s quarterly 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. Analysts anticipate that Broadridge Financial Solutions will post 9.55 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th will be issued a dividend of $0.975 per share. This represents a $3.90 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Friday, June 12th. Broadridge Financial Solutions’s payout ratio is presently 41.76%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in BR. Reflection Asset Management bought a new position in shares of Broadridge Financial Solutions in the fourth quarter worth $25,000. Nemes Rush Group LLC bought a new position in shares of Broadridge Financial Solutions in the fourth quarter worth $27,000. Prosperity Bancshares Inc bought a new position in shares of Broadridge Financial Solutions in the fourth quarter worth $28,000. Guerra Advisors Inc bought a new position in shares of Broadridge Financial Solutions in the third quarter worth $29,000. Finally, WPG Advisers LLC increased its holdings in shares of Broadridge Financial Solutions by 77.5% in the fourth quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock worth $32,000 after purchasing an additional 62 shares during the period. 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.