• Information Technology Services
  • Technology
Broadridge Financial Solutions, Inc. logo
Broadridge Financial Solutions, Inc.
BR · US · NYSE
211.15
USD
-3.32
(1.57%)
Company Overview

5 DAKOTA DRIVE,LAKE SUCCESS NY 11042,516-472-5400

CEO

Mr. Timothy C. Gokey

Employess

14600

Sector

Technology

Industry

Information Technology Services

Website

https://www.broadridge.com

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. It also offers ProxyEdge, an electronic proxy delivery and voting solution; data-driven solutions and an end-to-end platform for content management, composition, and omni-channel distribution of regulatory, marketing, and transactional information, as well as mutual fund trade processing services; data and analytics solutions; solutions for public corporations and mutual funds; SEC filing and capital markets transaction services; registrar, stock transfer, and record-keeping services; and omni-channel customer communications solutions, as well as operates Broadridge Communications Cloud platform that creates, delivers, and manages communications and customer engagement activities. The company's Global Technology and Operations segment provides solutions that automate the front-to-back transaction lifecycle of equity, mutual fund, fixed income, foreign exchange and exchange-traded derivatives, order capture and execution, trade confirmation, margin, cash management, clearance and settlement, reference data management, reconciliations, securities financing and collateral management, asset servicing, compliance and regulatory reporting, portfolio accounting, and custody-related services. This segment also offers business process outsourcing services; technology solutions, such portfolio management, compliance, fee billing, and operational support solutions; and capital market and wealth management solutions. The company was founded in 1962 and is headquartered in Lake Success, New York.

Next Earnings Date

Nov. 7, 2024

Ex Dividends date

Oct. 03, 2024

Dividend Date

Sept. 12, 2024

YTD Performance

5.60%

Fiscal Year End

06-30

IPO Date

2007-03-22

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 9.79% 8.33% 9.22% 7.36%
EPS 10.42% 7.35% 7.83% 10.63%
Equity 8.47% 13.97% 6.22% -3.23%
Cash -1.32% 2.19% 3.51% 20.65%
Return On Capital (ROIC) 15.12% 12.84% 12.99% 15.25%
Debt
year (millions) 2024 2023 2022 2021 2020
Short Term Debt 38 1,180 45.4 40.2 400
Long Term Debt 3,360 2,230 3,790 3,890 1,390
LT Finance Leases 184 239 273 303 324
Shares Outstanding 118 118 117 116 115
Market Cap 23,100 19,500 16,600 18,700 14,500
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
Broadridge Financial Solutions (BR) is a Top-Ranked Growth Stock: Should You Buy?
1 month

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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Broadridge's (BR) Q4 Earnings Surpass Estimates, Rise Y/Y
1 month

Broadridge's (BR) fourth-quarter fiscal 2024 revenues decrease year over year.

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Broadridge Financial (BR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
1 month

The headline numbers for Broadridge Financial (BR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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Broadridge Financial Solutions (BR) Beats Q4 Earnings Estimates
1 month

Broadridge Financial Solutions (BR) came out with quarterly earnings of $3.50 per share, beating the Zacks Consensus Estimate of $3.48 per share. This compares to earnings of $3.21 per share a year ago.

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Broadridge Reports Fourth Quarter and Fiscal 2024 Results
1 month

Fiscal Year 2024 Recurring revenues grew 6% on a reported and constant currency basis Diluted EPS grew 11% and Adjusted EPS grew 10% to $7.73 Closed sales rose 39% to a record $342 million 18th consecutive annual dividend increase, up 10% to $3.52 per share Fiscal year 2025 guidance of 5-7% Recurring revenue growth constant currency and 8-12% Adjusted EPS growth NEW YORK , Aug. 6, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR) today reported financial results for the fourth quarter and fiscal year 2024. Results compared with the same period last year were as follows:   Summary Financial Results Fourth Quarter Fiscal Year Dollars in millions, except per share data 2024 2023 Change 2024 2023 Change Recurring revenues $1,326 $1,259 5 % $4,223 $3,987 6 % Constant currency growth - Non-GAAP 5 % 6 % Total revenues $1,944 $1,839 6 % $6,507 $6,061 7 % Operating income $441 $454 (3 %) $1,017 $936 9 % Margin 22.7 % 24.7 % 15.6 % 15.4 % Adjusted Operating income - Non-GAAP $559 $531 5 % $1,303 $1,199 9 % Margin 28.8 % 28.9 % 20.0 % 19.8 % Diluted EPS $2.72 $2.72 — % $5.86 $5.30 11 % Adjusted EPS - Non-GAAP $3.50 $3.21 9 % $7.73 $7.01 10 % Closed sales $157 $90 74 % $342 $246 39 % "As we close fiscal year 2024, Broadridge is executing on its strategy to democratize and digitize Governance, simplify and innovate trading in Capital Markets, and modernize Wealth Management," said Tim Gokey, Broadridge CEO.

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What Analyst Projections for Key Metrics Reveal About Broadridge Financial (BR) Q4 Earnings
2 months

Get a deeper insight into the potential performance of Broadridge Financial (BR) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

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Broadridge Schedules Webcast and Conference Call to Review Fourth Quarter and Fiscal Year 2024 Results on August 6, 2024
2 months

NEW YORK , July 24, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR) is scheduled to release its financial results for the fourth quarter and fiscal year 2024 on Tuesday, August 6, 2024. Broadridge will host a webcast and conference call to discuss those results at 8:00 a.m.

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AmInvestment Bank Enhances Securities Finance Services with Broadridge to Boost Client Value
2 months

SINGAPORE , July 18, 2024 /PRNewswire/ -- To transform and expand their prime brokerage business lines and as part of its broader efforts to add and enhance value for its clientele, AmInvestment Bank, a company in the Ambank Group and one of the largest banking groups in Malaysia, has deployed global Fintech leader Broadridge Financial Solutions, Inc.'s (NYSE: BR) Securities Finance and Collateral Management platform to enable their Securities Borrowing and Lending product offerings. This single platform allows AmInvestment Bank to simplify and innovate trading, manage collateral, and handle trade lifecycle events while integrating seamlessly with their existing systems.

prnewswire.com
Broadridge Named a Luminary in Reconciliation Systems by Celent
2 months

NEW YORK and LONDON and SINGAPORE , July 10, 2024 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced it has been awarded the highest ranking of 'Luminary' for its BRx Match solution from Celent, a leading research and advisory firm, in its latest report on reconciliation systems. The report, Reconciliation Systems: Solutions For Capital Markets Firms, profiles eighteen reconciliation solution providers evaluated across functionality, customer bases, technology, implementation, pricing, and support.

prnewswire.com
Broadridge (BR) Stock Up 21% in a Year: What Should You Know?
3 months

Broadridge (BR) gains from its strong business model and strategic growth in governance, capital markets, and wealth management.

zacks.com
Broadridge Expands Disclosure Capabilities to Help Clients with Complex SEC Filings
3 months

Acquires CompSci, a Web-based, collaborative platform for SEC disclosure preparation, XBRL tagging, and EDGAR filing; platform simplifies disclosure complexities with both managed and self-service capabilities NEW YORK , July 1, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that it has acquired CompSci Resources, LLC, a provider of cloud-based financial technology software for the preparation and processing of SEC filings for public companies and funds. CompSci's technology platform Transform™ will be integrated with Broadridge's regulatory filings and disclosure capabilities to provide public companies and funds with a full-suite of collaborative, web-based solutions to simplify and enhance SEC regulatory disclosure preparation, XBRL tagging and EDGAR filing.

prnewswire.com
NioCorp Announces Closing of Private Placement for Gross Proceeds of US$0.6 Million
3 months

CENTENNIAL, CO / ACCESSWIRE / June 24, 2024 / NioCorp Developments Ltd. (NASDAQ:NB) ("NioCorp" the "Company"), is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") of 315,000 units of the Company at a price of USD$1.91 per unit, for aggregate gross proceeds to the Company of USD$0.6 million.

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