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

Broadridge Financial Solutions (NYSE:BRGet Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 8.350-8.660 for the period, compared to the consensus estimate of 8.440. The company issued revenue guidance of -. Broadridge Financial Solutions also updated its FY25 guidance to $8.35-$8.66 EPS.

Broadridge Financial Solutions Stock Performance

NYSE BR opened at $218.55 on Wednesday. The firm has a market capitalization of $25.83 billion, a P/E ratio of 37.30 and a beta of 1.04. The stock has a 50-day simple moving average of $202.67 and a two-hundred day simple moving average of $201.18. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.39 and a current ratio of 1.39. Broadridge Financial Solutions has a fifty-two week low of $165.25 and a fifty-two week high of $223.81.

Broadridge Financial Solutions (NYSE:BRGet Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The business services provider reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.49 by $0.01. Broadridge Financial Solutions had a return on equity of 40.88% and a net margin of 10.92%. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same period last year, the business earned $3.21 earnings per share. Broadridge Financial Solutions’s quarterly revenue was up 5.7% on a year-over-year basis. On average, equities analysts forecast that Broadridge Financial Solutions will post 7.72 earnings per share for the current year.

Broadridge Financial Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Thursday, September 12th will be paid a $0.88 dividend. This is a boost from Broadridge Financial Solutions’s previous quarterly dividend of $0.80. This represents a $3.52 annualized dividend and a dividend yield of 1.61%. The ex-dividend date is Thursday, September 12th. Broadridge Financial Solutions’s payout ratio is currently 54.61%.

Analysts Set New Price Targets

A number of research analysts have weighed in on BR shares. DA Davidson reaffirmed a neutral rating and issued a $185.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, June 11th. Royal Bank of Canada restated an outperform rating and issued a $239.00 price target on shares of Broadridge Financial Solutions in a research note on Friday, June 28th. Finally, StockNews.com cut Broadridge Financial Solutions from a buy rating to a hold rating in a research report on Saturday, July 20th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of Hold and an average price target of $206.67.

Check Out Our Latest Stock Analysis on BR

Insider Buying and Selling at Broadridge Financial Solutions

In related news, Director Robert N. Duelks sold 3,473 shares of the stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $198.06, for a total value of $687,862.38. Following the completion of the transaction, the director now directly owns 22,588 shares of the company’s stock, valued at approximately $4,473,779.28. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Broadridge Financial Solutions news, Director Robert N. Duelks sold 3,473 shares of the stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $198.06, for a total value of $687,862.38. Following the completion of the sale, the director now owns 22,588 shares in the company, valued at approximately $4,473,779.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Thomas P. Carey sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $200.40, for a total value of $501,000.00. Following the transaction, the vice president now owns 9,361 shares in the company, valued at $1,875,944.40. The disclosure for this sale can be found here. Insiders own 1.60% of the company’s stock.

Broadridge Financial Solutions Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Broadridge Financial Solutions (NYSE:BR)

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