Broadridge Financial Solutions (BR) Projected to Post Earnings on Friday

Broadridge Financial Solutions (NYSE:BR - Get Free Report) will likely be issuing its Q2 25 quarterly earnings data before the market opens on Friday, January 31st. Analysts expect the company to announce earnings of $1.32 per share and revenue of $1.56 billion for the quarter. Broadridge Financial Solutions has set its FY 2025 guidance at 8.350-8.660 EPS.Individual interested in listening to the company's earnings conference call can do so using this link.

Broadridge Financial Solutions (NYSE:BR - Get Free Report) last announced its earnings results on Friday, January 31st. The business services provider reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.24. Broadridge Financial Solutions had a net margin of 10.57% and a return on equity of 41.79%. During the same quarter in the prior year, the business earned $0.92 earnings per share. On average, analysts expect Broadridge Financial Solutions to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Broadridge Financial Solutions Stock Performance

Broadridge Financial Solutions stock traded down $0.41 during mid-day trading on Friday, reaching $238.71. 403,132 shares of the company were exchanged, compared to its average volume of 477,156. The firm's 50-day simple moving average is $231.10 and its two-hundred day simple moving average is $219.96. Broadridge Financial Solutions has a twelve month low of $188.30 and a twelve month high of $241.45. The firm has a market cap of $27.90 billion, a PE ratio of 41.32 and a beta of 1.08. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.39 and a current ratio of 1.39.

Broadridge Financial Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.47%. The ex-dividend date was Friday, December 13th. Broadridge Financial Solutions's dividend payout ratio is presently 60.90%.

Insiders Place Their Bets

In related news, Director Maura A. Markus sold 3,880 shares of the business's stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $227.02, for a total value of $880,837.60. Following the completion of the transaction, the director now owns 27,788 shares of the company's stock, valued at approximately $6,308,431.76. The trade was a 12.25 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Thomas P. Carey sold 15,710 shares of the company's stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $230.32, for a total transaction of $3,618,327.20. Following the completion of the transaction, the vice president now owns 12,146 shares in the company, valued at approximately $2,797,466.72. This trade represents a 56.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 54,532 shares of company stock worth $12,264,846. 1.30% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have commented on BR. Royal Bank of Canada restated an "outperform" rating and set a $246.00 price objective on shares of Broadridge Financial Solutions in a research report on Wednesday, November 6th. StockNews.com cut shares of Broadridge Financial Solutions from a "buy" rating to a "hold" rating in a report on Saturday, November 9th. Wolfe Research reaffirmed a "peer perform" rating on shares of Broadridge Financial Solutions in a report on Thursday, December 12th. UBS Group began coverage on Broadridge Financial Solutions in a research report on Thursday, November 21st. They set a "neutral" rating and a $250.00 target price on the stock. Finally, DA Davidson reissued a "neutral" rating and issued a $215.00 price target on shares of Broadridge Financial Solutions in a report on Tuesday, January 21st. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $226.71.

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.