Broadridge Financial Solutions (NYSE:BR – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 9.230-9.580 for the period, compared to the consensus earnings per share estimate of 9.340. The company issued revenue guidance of -.
Broadridge Financial Solutions Stock Down 0.1%
Shares of BR traded down $0.14 during mid-day trading on Thursday, hitting $218.44. 196,118 shares of the company’s stock were exchanged, compared to its average volume of 601,562. The company has a market cap of $25.50 billion, a PE ratio of 27.99 and a beta of 0.96. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.93 and a quick ratio of 0.98. The company has a 50-day simple moving average of $238.07 and a 200 day simple moving average of $241.94. Broadridge Financial Solutions has a 52 week low of $212.33 and a 52 week high of $271.91.
Broadridge Financial Solutions (NYSE:BR – Get Free Report) last released its earnings results on Thursday, March 3rd. The business services provider reported $0.73 earnings per share for the quarter. Broadridge Financial Solutions had a net margin of 13.11% and a return on equity of 43.28%. The business had revenue of $1.05 billion during the quarter. On average, research analysts forecast that Broadridge Financial Solutions will post 8.53 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on Broadridge Financial Solutions
Insider Activity
In related news, CEO Timothy C. Gokey sold 84,571 shares of the firm’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $259.53, for a total transaction of $21,948,711.63. Following the completion of the sale, the chief executive officer directly owned 165,634 shares in the company, valued at approximately $42,986,992.02. This trade represents a 33.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Christopher John Perry sold 7,036 shares of Broadridge Financial Solutions stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $262.72, for a total transaction of $1,848,497.92. Following the sale, the president directly owned 48,813 shares of the company’s stock, valued at $12,824,151.36. This trade represents a 12.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 147,532 shares of company stock valued at $38,417,208. 1.10% of the stock is owned by insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. purchased a new stake in Broadridge Financial Solutions during the 2nd quarter valued at $425,000. Geneos Wealth Management Inc. raised its holdings in Broadridge Financial Solutions by 124.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 4,138 shares of the business services provider’s stock valued at $1,006,000 after buying an additional 2,293 shares during the period. FORA Capital LLC purchased a new stake in Broadridge Financial Solutions during the 2nd quarter valued at $1,174,000. Evergreen Capital Management LLC raised its holdings in Broadridge Financial Solutions by 7.2% during the 2nd quarter. Evergreen Capital Management LLC now owns 1,101 shares of the business services provider’s stock valued at $269,000 after buying an additional 74 shares during the period. Finally, MUFG Securities EMEA plc purchased a new stake in Broadridge Financial Solutions during the 2nd quarter valued at $84,000. 90.03% of the stock is currently owned by institutional investors.
About Broadridge Financial Solutions
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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