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

Broadridge Financial Solutions (NYSE:BR - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 8.350-8.660 for the period, compared to the consensus EPS estimate of 8.500. The company issued revenue guidance of -.

Broadridge Financial Solutions Stock Performance

Broadridge Financial Solutions stock traded down $2.16 during midday trading on Wednesday, hitting $208.37. The company's stock had a trading volume of 356,192 shares, compared to its average volume of 528,139. The company has a 50-day moving average price of $210.53 and a two-hundred day moving average price of $203.45. Broadridge Financial Solutions has a 1-year low of $166.73 and a 1-year high of $223.81. The company has a market cap of $24.32 billion, a price-to-earnings ratio of 35.93 and a beta of 1.05. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.08 and a quick ratio of 1.08.

Broadridge Financial Solutions (NYSE:BR - Get Free Report) last released its earnings results on Tuesday, August 6th. The business services provider reported $3.50 EPS for the quarter, beating the consensus estimate of $3.49 by $0.01. The firm had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.96 billion. Broadridge Financial Solutions had a net margin of 10.73% and a return on equity of 42.77%. The business's quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the firm earned $3.21 EPS. As a group, sell-side analysts predict that Broadridge Financial Solutions will post 8.51 earnings per share for the current year.

Broadridge Financial Solutions Increases Dividend

The firm also recently disclosed 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. The ex-dividend date is Thursday, September 12th. This represents a $3.52 annualized dividend and a dividend yield of 1.69%. Broadridge Financial Solutions's payout ratio is currently 60.07%.

Wall Street Analyst Weigh In

BR has been the subject of several recent analyst reports. StockNews.com raised Broadridge Financial Solutions from a hold rating to a buy rating in a research note on Tuesday, September 10th. Royal Bank of Canada lifted their price objective on shares of Broadridge Financial Solutions from $239.00 to $246.00 and gave the company an outperform rating in a research note on Wednesday, August 7th. DA Davidson reissued a neutral rating and set a $185.00 target price on shares of Broadridge Financial Solutions in a research note on Tuesday, June 11th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Broadridge Financial Solutions from $224.00 to $225.00 and gave the company a neutral rating in a research note on Tuesday, August 20th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and an average price target of $213.33.

Insider Activity

In related news, VP Laura Matlin sold 673 shares of the stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $216.00, for a total value of $145,368.00. Following the completion of the transaction, the vice president now directly owns 5,530 shares in the company, valued at approximately $1,194,480. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Broadridge Financial Solutions news, VP Laura Matlin sold 673 shares of the business's stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $216.00, for a total value of $145,368.00. Following the sale, the vice president now directly owns 5,530 shares of the company's stock, valued at $1,194,480. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Christopher John Perry sold 31,539 shares of the stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of $207.37, for a total value of $6,540,242.43. Following the completion of the sale, the president now directly owns 67,215 shares in the company, valued at $13,938,374.55. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 134,386 shares of company stock valued at $28,112,824. Corporate 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.