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

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

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BR. StockNews.com lowered Broadridge Financial Solutions from a buy rating to a hold rating in a report on Saturday, July 20th. Royal Bank of Canada reaffirmed an outperform rating and set a $239.00 price target on shares of Broadridge Financial Solutions in a research report on Friday, June 28th. Finally, DA Davidson reiterated a neutral rating and issued a $185.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, June 11th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of Hold and an average price target of $206.67.

Broadridge Financial Solutions Stock Up 4.8 %

Broadridge Financial Solutions stock opened at $218.55 on Wednesday. The company’s 50-day moving average price is $202.67 and its two-hundred day moving average price is $201.18. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 1.55. The stock has a market cap of $25.83 billion, a P/E ratio of 37.30 and a beta of 1.04. Broadridge Financial Solutions has a twelve month low of $165.25 and a twelve month high of $223.81.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings data on Tuesday, August 6th. The business services provider reported $3.50 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same period in the prior year, the firm posted $3.21 EPS. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. As a group, analysts expect that Broadridge Financial Solutions will post 7.72 EPS for the current year.

Broadridge Financial Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Thursday, September 12th will be issued a dividend of $0.88 per share. This is a positive change 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 dividend payout ratio is 54.61%.

Insider Buying and Selling at Broadridge Financial Solutions

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

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.