Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry worldwide. 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 offers ProxyEdge, an electronic proxy delivery and voting solution. It also distributes regulatory reports and corporate action/reorganization event information, as well as tax reporting solutions; and provides end-to-end platform for content management, composition, and multi-channel distribution of regulatory, marketing, and transactional information, as well as mutual fund trade processing services. In addition, this segment offers financial reporting document composition and management solutions; SEC disclosure and filing services; registrar, stock transfer, and record-keeping services; customer communication solutions; cloud-based marketing and customer communication tools; customer and account data aggregation and reporting services, as well as creates sales and educational content, including seminars and a library of financial planning topics; and mutual fund trade processing services. The company's Global Technology and Operations segment offers desktop productivity tools, data aggregation, performance reporting, portfolio management, order capture and execution, trade confirmation, margin, cash management, clearance and settlement, asset servicing, reference data management, reconciliations, securities financing and collateral optimization, compliance and regulatory reporting, and accounting. It also provides capital market, wealth management, asset management, and international securities processing solutions; managed services; and customizable advisor Websites, search engine marketing, and electronic and print newsletters. The company was founded in 1962 and is headquartered in Lake Success, New York.
IPO Year:
Exchange: NYSE
Website: broadridge.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/12/2024 | Peer Perform | Wolfe Research | |
11/21/2024 | $250.00 | Neutral | UBS |
10/17/2023 | Underperform → Peer Perform | Wolfe Research | |
4/24/2023 | $169.00 | Outperform | RBC Capital Mkts |
12/14/2022 | $160.00 | Equal-Weight | Morgan Stanley |
11/4/2021 | $187.00 → $192.00 | Outperform | Raymond James |
8/17/2021 | $181.00 → $197.00 | Neutral | JP Morgan |
8/16/2021 | $152.00 → $158.00 | Neutral | DA Davidson |
8/13/2021 | $181.00 | Overweight | JP Morgan |
8/13/2021 | $185.00 → $187.00 | Outperform | Raymond James |
Broadridge enables Upvest to streamline shareholder interactions with enhanced transparency, further enabling the democratization and digitization of corporate governance NEW YORK and BERLIN, Feb. 12, 2025 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), announced its extended strategic global agreement with Upvest, a leading provider of investment infrastructure in Europe, to further deliver and enhance end-to-end proxy voting and shareholder disclosure solutions for Upvest clients and their end users. "We are thrilled to be chosen by Upvest as their proxy voting and shareholder disclosure partner," said Demi Derem, SVP of International Investor Communic
NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that its Board of Directors has declared a quarterly cash dividend of $0.88 per share. The dividend is payable on April 3, 2025 to stockholders of record at the close of business on March 13, 2025. About Broadridge Broadridge Financial Solutions (NYSE:BR), a global Fintech leader with over $6 billion in revenues, provides the critical infrastructure that powers investing, corporate governance and communications to enable better financial lives. We deliver technology-driven solutions to banks, broker-dealers, asset and wealth managers and public companies. Broadridge's infrastructure serves as a g
NYFIX Matching is the first post-trade matching tool with messaging functionality, enablingcompliance, greater transparency and streamlined resolution of post-trade discrepancies NEW YORK, Feb. 4, 2025 /PRNewswire/ -- To streamline communication between asset managers and their executing brokers, Broadridge Financial Solutions Inc. (NYSE:BR), a global Fintech leader, today announced a partnership with Symphony, the communication and markets technology company, to integrate messaging technology into the NYFIX Matching platform. This latest innovation empowers asset managers to communicate directly with brokers via Symphony's secure messaging platform, enabling compliance, transparency and str
Recurring revenues grew 9%; up 9% constant currency Diluted EPS grew 103% to $1.20 and Adjusted EPS grew 70% to $1.56 Reaffirming FY'25 guidance, including 6-8% Recurring revenue growth constant currency, 8-12% Adjusted EPS growth, and Closed sales of $290 - $330 million NEW YORK, Jan. 31, 2025 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) today reported financial results for the second quarter ended December 31, 2024 of its fiscal year 2025. Results compared with the same period last year were as follows: Summary Financial Results Second Quarter Six Months Dollars in millions, except per share data 2025 2024 Change 2024 2023 Change Recurring revenues $980 $899 9 % $1,8
NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the second quarter of fiscal year 2025 on Friday, January 31, 2025. Broadridge will host a webcast and conference call to discuss those results at 8:30 a.m. ET on January 31, 2025. Tim Gokey, Chief Executive Officer, and Ashima Ghei, Chief Financial Officer, will participate on the call. To listen to the live event and access the slide presentation, visit Broadridge's Investor Relations website at www.broadridge-ir.com prior to the start of the webcast. To listen to the call, investors may also dial 1-877-328-2502 within the United States and internationa
NEW YORK and LONDON and TOYKO, Jan. 16, 2025 /PRNewswire/ -- To better streamline multi-asset post-trade processing and operational reporting, Broadridge Financial Solutions Inc. (NYSE:BR), a global Fintech leader, today announced it added an GenAI-powered advanced analytics feature to its platform. A key component of the Broadridge's OpsGPT ® application, this new GenAI-powered functionality enables users to generate insights and visualizations directly from their trade data using natural language, eliminating the need for data migration. "Integrating this AI advanced analytics feature into our post-trade platform delivers simplification and innovation, significantly improving risk manageme
Comprehensive solution for clients required to disclose sustainability metrics and generate whitepapers as per EU MiCA regulation NEW YORK, Dec. 18, 2024 /PRNewswire/ -- A new, pioneering collaboration between the Crypto Carbon Ratings Institute (CCRI), a leader in sustainability data on digital assets, and Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, will deliver an integrated communications, data, and disclosure generation platform to help companies operating in Europe, including exchanges, brokers and asset managers to meet new sustainability reporting requirements. This integration combines CCRI's trusted sustainability data with Broadridge's ClearFI digital a
NEW YORK, Dec. 16, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that the Broadridge Board of Directors has appointed Ashima Ghei as the Company's Chief Financial Officer (CFO), effectively immediately. Ghei has led Broadridge's global Finance team as Interim CFO since July 1, 2024, and has been instrumental in driving the company's financial strategy and execution forward in the first half of FY25. "I have had the pleasure of working with Ashima over the past two years and even more closely this past six months, during which time she has
Expansion of securities finance within the UAE and broader Middle East NEW YORK and ABU DHABI, UAE and LONDON, Dec. 11, 2024 /PRNewswire/ -- To drive expansion of Securities Lending in the UAE and wider Middle East, First Abu Dhabi Bank (FAB) has chosen global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR), to support the build out of its global agency securities finance business. This collaboration marks a significant milestone in the expansion of securities finance within the UAE and the broader Middle East region. By leveraging Broadridge's advanced Securities Finance and Collateral Management (SFCM) solution, FAB is well-positioned to enhance its coverage of global fixed
Everest Group PEAK Matrix® highlights Broadridge's relative market success and overall capability of technology based on performance, experiences, ability, and knowledge NEW YORK, Dec. 10, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announces its recognition as the highest-designated Leader in Market Impact and a Star Performer in wealth management for the second year in a row by independent research firm Everest Group in their 2024 Wealth Management Products PEAK Matrix® Assessment. "Broadridge's continuous investments i
4 - BROADRIDGE FINANCIAL SOLUTIONS, INC. (0001383312) (Issuer)
4 - BROADRIDGE FINANCIAL SOLUTIONS, INC. (0001383312) (Issuer)
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NEW YORK, Dec. 16, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that the Broadridge Board of Directors has appointed Ashima Ghei as the Company's Chief Financial Officer (CFO), effectively immediately. Ghei has led Broadridge's global Finance team as Interim CFO since July 1, 2024, and has been instrumental in driving the company's financial strategy and execution forward in the first half of FY25. "I have had the pleasure of working with Ashima over the past two years and even more closely this past six months, during which time she has
LONDON and NEW YORK, June 11, 2024 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), is pleased to announce the appointment of Roz Smith as Chief Operating Officer of Broadridge International, effective May 1, 2024. Smith, who is based in London, will work closely with Mike Sleightholme, President of Broadridge International, to further scale and grow Broadridge internationally and deliver an unparalleled customer service experience in the EMEA and Asia Pacific regions. "We are thrilled to welcome Roz to help accelerate the ongoing growth an
Traditional finance and evolving US digital securities market structure converge Prometheum Capital LLC ("Prometheum"), a subsidiary of Prometheum Inc., today announced it has selected Broadridge Financial Solutions, Inc. (NYSE:BR) for back-office solutions as the firm prepares to launch its full-suite of custody, clearing, and settlement services for digital asset securities. Prometheum will deploy Broadridge's Shadow Post Trade Processing Solution and Business Process Outsourcing (BPO) solutions. Prometheum will use Broadridge's robust capabilities that include bookkeeping, trade capture, reconciliations, regulatory reporting, and more. "Aligning our core operations with Broadridge
NEW YORK, April 8, 2024 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), announced the appointment of Frank Troise as President of Broadridge Trading & Connectivity Solutions and Vice Chairman of Broadridge Capital Markets, effective April 29, 2024. Mr. Troise succeeds Ray Tierney, who will serve in an advisory capacity, following a successful three-year tenure. Troise will spearhead the Trading & Connectivity business through the next chapter of its mission to simplify and optimize trading as a leader in multi-asset, multi-workflow trading, and connectivity solutions for firms across the global markets. His appointment comes on the heels of recent Broadr
Alderson joins Broadridge to drive continued expansion, innovation in the Canadian market TORONTO, Jan. 18, 2024 /CNW/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) is pleased to announce the appointment of Chad Alderson as General Manager, Global Technology & Operations (GTO), Canada. Alderson succeeds Karin Yorfido, who was recently appointed President of Broadridge Canada to further expand Broadridge's footprint in Canada and lead its Investor Communication Solutions (ICS) and the GTO businesses in the region. "We are excited to welcome Chad to
Simpson brings over three decades of financial services experience to support the growth of Broadridge's capital markets and wealth management business NEW YORK, Sept. 12, 2023 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the appointment of Paul Simpson as Vice Chairman of Broadridge's Global Technology and Operations (GTO) business. In this newly created role, Simpson will work closely with Broadridge's GTO business to enhance the company's client focus and accelerate go-to-market initiatives for targeted product lines. As Broadridge continues to enhance the trading innovation and capabilities of its Capital Markets business and is now delivering a suite o
Bob Schifellite to become Chairman of Investor Communication Solutions NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the appointment of Michael Tae and Doug DeSchutter as Co-Presidents of its Investor Communication Solutions (ICS) business, effective October 1, 2023. In their new roles, Tae and DeSchutter will be responsible for all aspects of the company's ICS business segment, including the bank broker-dealer, corporate issuer, mutual fund and retirement, and customer communications solutions businesses. As part of the long-planned leadership transition, current President Bob Schifellite will move into a new advisory role engaging w
NEW YORK and TORONTO, July 24, 2023 /PRNewswire/ -- To meet the continued growth of the Canadian market, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) is pleased to announce the appointment of Karin Yorfido as President of Broadridge Canada. Yorfido succeeds Michael Dignam who will become Vice Chairman of Broadridge Canada, taking on an advisory role. Yorfido, who is based in Toronto, will lead Broadridge's Investor Communication Solutions (ICS) Canada and Global Technology and Operations (GTO) Canada businesses, reporting directly to Chris Perry, Presid
NEW YORK, LONDON and SINGAPORE, July 16, 2023 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced the appointment of Mike Sleightholme as President of Broadridge International. Sleightholme, who is based in London, will be responsible for delivering Broadridge's world class customer support along with its rapidly growing portfolio of technology and data solutions throughout the EMEA and Asia Pacific regions - including solutions supporting the capital markets trade lifecycle, global governance and communications, and asset management. "At Broadridge, and throughout his career, Mike has an impressive track record of building high performing
NEW YORK, Dec. 5, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, is pleased to announce the appointment of Martin Koopman as Chief Product Officer, effective January 1, 2023. In this role, Martin will lead the Product Management team working across all business units to collectively drive Broadridge's delivery of world-class SaaS and other service offerings to leading financial services clients. He will be responsible for Broadridge's enterprise product vision and strategy, building enterprise-wide platforms to benefit Broadridge clients, empowering product management teams, and accelerating innovation in partnership with our technology teams. "
NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that its Board of Directors has declared a quarterly cash dividend of $0.88 per share. The dividend is payable on April 3, 2025 to stockholders of record at the close of business on March 13, 2025. About Broadridge Broadridge Financial Solutions (NYSE:BR), a global Fintech leader with over $6 billion in revenues, provides the critical infrastructure that powers investing, corporate governance and communications to enable better financial lives. We deliver technology-driven solutions to banks, broker-dealers, asset and wealth managers and public companies. Broadridge's infrastructure serves as a g
Recurring revenues grew 9%; up 9% constant currency Diluted EPS grew 103% to $1.20 and Adjusted EPS grew 70% to $1.56 Reaffirming FY'25 guidance, including 6-8% Recurring revenue growth constant currency, 8-12% Adjusted EPS growth, and Closed sales of $290 - $330 million NEW YORK, Jan. 31, 2025 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) today reported financial results for the second quarter ended December 31, 2024 of its fiscal year 2025. Results compared with the same period last year were as follows: Summary Financial Results Second Quarter Six Months Dollars in millions, except per share data 2025 2024 Change 2024 2023 Change Recurring revenues $980 $899 9 % $1,8
NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the second quarter of fiscal year 2025 on Friday, January 31, 2025. Broadridge will host a webcast and conference call to discuss those results at 8:30 a.m. ET on January 31, 2025. Tim Gokey, Chief Executive Officer, and Ashima Ghei, Chief Financial Officer, will participate on the call. To listen to the live event and access the slide presentation, visit Broadridge's Investor Relations website at www.broadridge-ir.com prior to the start of the webcast. To listen to the call, investors may also dial 1-877-328-2502 within the United States and internationa
NEW YORK, Nov. 14, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that its Board of Directors has declared a quarterly cash dividend of $0.88 per share. The dividend is payable on January 3, 2025 to stockholders of record at the close of business on December 13, 2024. About Broadridge Broadridge Financial Solutions (NYSE:BR), a global Fintech leader with over $6 billion in revenues, provides the critical infrastructure that powers investing, corporate governance and communications to enable better financial lives. We deliver technology-driven solutions to banks, broker-dealers, asset and wealth managers and public companies. Broadridge's infrastructure serves
Recurring revenues grew 3%; up 4% constant currency Closed sales rose 21% to $57 million Diluted EPS was $0.68 and Adjusted EPS was $1.00 Raising FY'25 guidance to include 6-8% Recurring revenue growth constant currency; reaffirming 8-12% Adjusted EPS growth NEW YORK, Nov. 5, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) today reported financial results for the first quarter ended September 30, 2024 of its fiscal year 2025. Results compared with the same period last year were as follows: Summary Financial Results First Quarter Dollars in millions, except per share data 2025 2024 Change Recurring revenues $900 $871 3 % Constant currency growth (Non-GAAP) 4 % To
NEW YORK, Oct. 22, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the first quarter of fiscal year 2025 on Tuesday, November 5, 2024. Broadridge will host a webcast and conference call to discuss those results at 8:30 a.m. ET on November 5, 2024. Tim Gokey, Chief Executive Officer, and Ashima Ghei, Interim Chief Financial Officer, will participate on the call. To listen to the live event and access the slide presentation, visit Broadridge's Investor Relations website at www.broadridge-ir.com prior to the start of the webcast. To listen to the call, investors may also dial 1-877-328-2502 within the United States and inte
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 20
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. ET on August 6, 2024. Tim Gokey, Chief Executive Officer, and Ashima Ghei, Interim Chief Financial Officer, will participate on the call. To listen to the live event and access the slide presentation, visit Broadridge's Investor Relations website at www.broadridge-ir.com prior to the start of the webcast. To listen to the call, investors may also dial 1-877-328-2502 within the United States and intern
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-ba
Combining forward-looking advisor intent data with asset holding data enables precision-targeted, cost-effective digital marketing and sales strategies NEW YORK, May 30, 2024 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that it has acquired AdvisorTarget, a market leader in providing asset management and wealth management firms with data products to help power digital marketing, sales and engagement programs targeting financial advisors. Adding AdvisorTarget's unique advisor insight to Broadridge's existing data and analytics suite will enable asset managers to better target advisors and drive their growth strategies. "The combined capa
Wolfe Research resumed coverage of Broadridge Financial with a rating of Peer Perform
UBS initiated coverage of Broadridge Financial with a rating of Neutral and set a new price target of $250.00
Wolfe Research upgraded Broadridge Financial from Underperform to Peer Perform
RBC Capital Mkts initiated coverage of Broadridge Financial with a rating of Outperform and set a new price target of $169.00
Morgan Stanley initiated coverage of Broadridge Financial with a rating of Equal-Weight and set a new price target of $160.00
Raymond James reiterated coverage of Broadridge Financial Soln with a rating of Outperform and set a new price target of $192.00 from $187.00 previously
JP Morgan reiterated coverage of Broadridge Financial Soln with a rating of Neutral and set a new price target of $197.00 from $181.00 previously
DA Davidson reiterated coverage of Broadridge Financial Soln with a rating of Neutral and set a new price target of $158.00 from $152.00 previously
JP Morgan resumed coverage of Broadridge Financial with a rating of Overweight and set a new price target of $181.00
Raymond James reiterated coverage of Broadridge Financial Soln with a rating of Outperform and set a new price target of $187.00 from $185.00 previously
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8-K - BROADRIDGE FINANCIAL SOLUTIONS, INC. (0001383312) (Filer)
8-K - BROADRIDGE FINANCIAL SOLUTIONS, INC. (0001383312) (Filer)
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8-K - BROADRIDGE FINANCIAL SOLUTIONS, INC. (0001383312) (Filer)
8-K - BROADRIDGE FINANCIAL SOLUTIONS, INC. (0001383312) (Filer)