Last $45.13 USD
Change Today -0.11 / -0.24%
Volume 210.5K
BR On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

broadridge financial solutio (BR) Snapshot

Open
$45.20
Previous Close
$45.24
Day High
$45.32
Day Low
$45.09
52 Week High
11/24/14 - $45.96
52 Week Low
02/3/14 - $34.94
Market Cap
5.4B
Average Volume 10 Days
421.4K
EPS TTM
$2.06
Shares Outstanding
120.0M
EX-Date
12/10/14
P/E TM
22.0x
Dividend
$1.08
Dividend Yield
1.99%
Current Stock Chart for BROADRIDGE FINANCIAL SOLUTIO (BR)

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broadridge financial solutio (BR) Details

Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry in the United States, Canada, the United Kingdom, and internationally. 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. It provides ProxyEdge, an electronic proxy delivery and voting solution for institutional investors and financial advisors; and distributes regulatory reports and corporate action/reorganization event information, as well as tax reporting solutions. This segment also offers financial information distribution and transaction reporting services, such as processing and distribution of account statements and trade confirmations, traditional and personalized document fulfillment and content management services, and marketing communications, as well as imaging, archival, and workflow solutions to financial institutions and securities issuers; and registered proxy, registrar, stock transfer, and record-keeping services for corporate issuers. Its Securities Processing Solutions segment offers advanced computerized real-time transaction processing services that automate the securities transaction comprising desktop productivity tools, data aggregation, performance reporting, portfolio management, order capture and execution, trade confirmation, settlement, and accounting. This segment’s services assist financial institutions to consolidate their books and records, gather and service assets under management, focus on their core businesses, and manage risk. The company serves retail and institutional brokerage firms, global banks, mutual funds, annuity companies, institutional investors, specialty trading firms, clearing firms, third party administrators, hedge funds, corporate issuers, and financial advisors. The company is headquartered in Lake Success, New York.

6,700 Employees
Last Reported Date: 08/7/14

broadridge financial solutio (BR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $785.8K
Chief Financial Officer and Corporate Vice Pr...
Total Annual Compensation: $512.3K
Chief Operating Officer and Corporate Senior ...
Total Annual Compensation: $544.3K
President of Investor Communication Solutions
Total Annual Compensation: $466.8K
Corporate Vice President of U.S. Investor Com...
Total Annual Compensation: $384.4K
Compensation as of Fiscal Year 2014.

broadridge financial solutio (BR) Key Developments

Broadridge Financial Solutions, Inc. Presents at KBW 2014 Securities Brokerage & Market Structure Conference, Nov-19-2014 10:45 AM

Broadridge Financial Solutions, Inc. Presents at KBW 2014 Securities Brokerage & Market Structure Conference, Nov-19-2014 10:45 AM. Venue: Mandarin Oriental, New York, New York, United States.

Broadridge Financial Solutions, Inc. Declares Dividend, Payable on January 2, 2015

Broadridge Financial Solutions, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.27 per share. The dividend is payable on January 2, 2015, to stockholders of record at the close of business on December 12, 2014.

Broadridge Financial Solutions, Inc. Announces Unaudited Consolidated Financial Results for the First Quarter Ended September 30, 2014; Reaffirms Financial Guidance for the Fiscal Year 2015

Broadridge Financial Solutions, Inc. announced unaudited consolidated financial results for the first quarter ended September 30, 2014. For the quarter, revenues were $555.8 million against $545.2 million a year ago. Earnings before income taxes were $50.0 million against $69.3 million a year ago. Net earnings were $32.5 million against $44.4 million a year ago. Diluted earnings per share were $0.26 against $0.36 a year ago. Adjusted earnings before income taxes were $56.4 million against $75.1 million a year ago. Adjusted net earnings were $36.7 million against $48.1 million a year ago. Adjusted diluted earnings per share were $0.30 against $0.39 a year ago. Adjusted EBIT was $56 million. Net cash flows provided by operating activities were $17 million. Capital expenditures and software purchases was $7 million. The revenues increase was driven by higher recurring fee revenues of $15 million, or 4%, reflecting contributions from Net New Business (defined as recurring revenue closed sales less recurring revenue client losses) and acquisitions, and higher distribution revenues of $3 million, or 2%. For the first quarter of fiscal year 2015, GAAP net earnings decreased 27%, primarily due to higher commissions related to the growth in closed sales, higher performance-based compensation expenses, and the continued expansion of selling and marketing capabilities. Also, contributing to the decrease was a credit in the prior period resulting from a decline in the fair value of obligations under contingent acquisition consideration arrangements. The company is reaffirming its full year guidance and expects: recurring fee revenue growth in the range of 5% to 7%, and total revenue growth in the range of 4% to 6%; non-GAAP diluted earnings per share in the range of $2.42 to $2.52, and GAAP diluted earnings per share in the range of $2.29 to $2.39, based on diluted weighted-average shares outstanding of approximately 124 million shares; free cash flows in the range of approximately $320 million to $370 million; recurring revenue closed sales in the range of $110 million to $150 million, adjusted EBIT in the range of $464 million to $483 million, adjusted earnings before income taxes in the range of $462 million to $480 million, earnings before income taxes in the range of $438 million to $457 million, net earnings in the range of $285 million to $297 million, depreciation and amortization (includes other long-term assets) in the range of $100 million to $105 million, net cash flows provided by operating activities in the range of $395 million to $440 million, capital expenditures and software purchases in the range of $75 million to $70 million.

 

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BR

Industry Average

Valuation BR Industry Range
Price/Earnings 22.4x
Price/Sales 2.1x
Price/Book 5.6x
Price/Cash Flow 21.6x
TEV/Sales 1.8x
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