Broadridge Financial Solutions, Inc. Common Stock (BR)
228.01
-14.39 (-5.94%)
NYSE · Last Trade: May 2nd, 1:23 AM EDT
Detailed Quote
Previous Close
242.40
Open
237.18
Bid
92.08
Ask
300.00
Day's Range
224.20 - 237.18
52 Week Range
188.30 - 247.01
Volume
1,048,794
Market Cap
26.72B
PE Ratio (TTM)
34.29
EPS (TTM)
6.7
Dividend & Yield
3.520 (1.54%)
1 Month Average Volume
604,199
Chart
About Broadridge Financial Solutions, Inc. Common Stock (BR)
Broadridge Financial Solutions is a leading provider of technology and operations solutions for the financial services industry. The company specializes in providing services such as investor communications, securities processing, and regulatory compliance, catering primarily to banks, broker-dealers, and asset management firms. By leveraging advanced technology and innovative software, Broadridge streamlines complex processes and enhances efficiency for its clients, enabling them to focus on their core business functions while ensuring compliance with regulatory requirements. Through its comprehensive suite of services, Broadridge plays a crucial role in supporting the infrastructure of global capital markets. Read More
Stay updated with the movements of the S&P500 index in the middle of the day on Thursday. Discover which stocks are leading as top gainers and losers in today's session.
Financial technology provider Broadridge (NYSE:BR) fell short of the market’s revenue expectations in Q1 CY2025 as sales rose 4.9% year on year to $1.81 billion. Its non-GAAP profit of $2.44 per share was 1.2% above analysts’ consensus estimates.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
Even during a down period for the markets, Broadridge has gone against the grain, climbing to $235. Its shares have yielded a 8.4% return over the last six months, beating the S&P 500 by 16.5%. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
Since October 2024, Broadridge has been in a holding pattern, posting a small return of 3% while floating around $227.38. However, the stock is beating the S&P 500’s 9.9% decline during that period.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the data & business process services industry, including Broadridge (NYSE:BR) and its peers.
Broadridge Financial Solutions (NYSE: BR) and blockchain firm Fnality completed a successful integration of their platforms, paving the way for instant repo settlements using tokenized central bank funds. The partnership highlights how digital assets can streamline global financial transactions with faster, more secure settlements.
Broadridge has been treading water for the past six months, recording a small loss of 1.6% while holding steady at $216.22. However, the stock is beating the S&P 500’s 13.7% decline during that period.
In a sliding market, Broadridge has defied the odds, trading up to $239.01 per share. Its 11.2% gain since September 2024 has outpaced the S&P 500’s 1.4% drop. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Broadridge has had an impressive run over the past six months. While the S&P 500 has been flat, the stock has returned 11.9% and now trades at $236.94. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. But cutbacks in corporate spending and the threat of new AI products have kept sentiment in check,
and over the past six months, the industry has tumbled by 1.9%. This drop mirrored the S&P 500’s decline.
Broadridge Financial Solutions Inc (NYSE:BR) posted a strong Q2 FY25 with sales growth of 13.1% to $1.589 billion, surpassing estimates. Recurring revenues rose 9%, and event-driven revenues surged 126%.
Today's Research Daily features new research reports on 16 major stocks, including UnitedHealth Group Inc., Costco Wholesale Corp., and International Business Machines Corp., as well as a micro-cap stock Smith-Midland Corp.
