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

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

Broadridge Financial Solutions Trading Down 0.6%

BR opened at $162.44 on Thursday. Broadridge Financial Solutions has a 12 month low of $133.83 and a 12 month high of $271.91. The stock has a market capitalization of $18.79 billion, a price-to-earnings ratio of 16.86 and a beta of 0.87. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.24 and a quick ratio of 0.94. The business has a fifty day moving average price of $147.70 and a 200 day moving average price of $163.24.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings results on Tuesday, August 4th. The business services provider reported $3.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.76 by $0.06. The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.17 billion. Broadridge Financial Solutions had a return on equity of 40.25% and a net margin of 15.04%.Broadridge Financial Solutions’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter last year, the company earned $3.55 EPS. Broadridge Financial Solutions has set its FY 2027 guidance at 10.370-10.750 EPS. Sell-side analysts expect that Broadridge Financial Solutions will post 10.56 earnings per share for the current fiscal year.

Broadridge Financial Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Investors of record on Thursday, September 3rd will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 2.7%. This is a positive change from Broadridge Financial Solutions’s previous quarterly dividend of $0.97. The ex-dividend date of this dividend is Thursday, September 3rd. Broadridge Financial Solutions’s dividend payout ratio is 45.32%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BR. DA Davidson decreased their price target on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th. Royal Bank Of Canada increased their price objective on shares of Broadridge Financial Solutions from $200.00 to $225.00 and gave the company an “outperform” rating in a research report on Wednesday. Needham & Company LLC decreased their price objective on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, May 1st. UBS Group lowered their target price on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Finally, Weiss Ratings lowered Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $225.14.

Insiders Place Their Bets

In related news, insider Hope M. Jarkowski sold 1,966 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $155.00, for a total value of $304,730.00. Following the completion of the transaction, the insider directly owned 1 shares of the company’s stock, valued at $155. This represents a 99.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.10% of the stock is currently owned by insiders.

Institutional Trading of Broadridge Financial Solutions

Several institutional investors have recently modified their holdings of BR. Prosperity Bancshares Inc acquired a new stake in Broadridge Financial Solutions during the 4th quarter worth $28,000. DV Equities LLC acquired a new stake in shares of Broadridge Financial Solutions during the fourth quarter worth about $37,000. Fulcrum Asset Management LLP acquired a new stake in shares of Broadridge Financial Solutions during the third quarter worth about $47,000. Osterweis Capital Management Inc. purchased a new stake in shares of Broadridge Financial Solutions in the 2nd quarter valued at about $48,000. Finally, Bank of Jackson Hole Trust lifted its holdings in shares of Broadridge Financial Solutions by 50.3% in the 4th quarter. Bank of Jackson Hole Trust now owns 275 shares of the business services provider’s stock valued at $61,000 after purchasing an additional 92 shares during the last quarter. Hedge funds and other 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.