$BR

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Every FINWIRES story that references BR, newest first.

Broadridge Seeing Interest in Tokenized Private and Alternative Assets, RBC Says

Broadridge Financial Solutions (BR) is seeing interest in tokenized private and alternative assets, presenting opportunities to offer new products to an expanded investor base, RBC Capital Markets analysts said in a Sunday note.Analysts said the development of infrastructure and the broader ecosystem necessary for tokenized assets is still in the early stages, but note that "the genie is out of the bottle."There is genuine product-market fit rather than experimentation in three areas: stablecoins, tokenized money market funds, and collateral mobility, RBC said.Analysts said that while stablecoins and tokenized money market funds are generally understood, collateral mobility brings transparency, efficiency, and speed to move collateral.RBC has an outperform rating and a $200 price target on the stock.Price: $134.85, Change: $-2.75, Percent Change: -2.00%

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Insider Trading17d ago

Broadridge Financial Solutions Insider Sold Shares Worth $304,720, According to a Recent SEC Filing

Hope M. Jarkowski, Chief Legal Officer, on June 04, 2026, sold 1,966 shares in Broadridge Financial Solutions (BR) for $304,720. Following the Form 4 filing with the SEC, Jarkowski has control over a total of 1 common share of the company, with 1 share held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1383312/000122520826005815/xslF345X05/doc4.xmlPrice: $152.51, Change: $-1.60, Percent Change: -1.04%

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Wire32d ago

Broadridge Financial Solutions Keeps Quarterly Dividend at $0.975 a Share, Payable July 2 to Holders of Record June 12

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Wire45d ago

Broadridge Financial Solutions' Tokenization Efforts 'Positive', Morgan Stanley Says

Broadridge Financial Solutions' (BR) efforts on tokenization-related solutions are "positive", Morgan Stanley analysts said in a Friday note.Analysts said that if tokenization gains traction, new products and larger enterprise deals could boost closed sales in fiscal 2027 and beyond.Morgan Stanley said the key question heading into the company's fiscal Q4 earnings is whether larger, more complex deals will support a stronger closed sales guidance for fiscal 2027, or continue to pressure revenue growth through longer sales cycles.Analysts said that while tokenization remains nascent and is unlikely to affect Broadridge in the near term, the company's valuation multiple could remain constrained as headlines and advancements about on-chain real-world assets remain.Morgan Stanley retained an equalweight rating on the stock, but lowered its price target to $169 from $213.Price: $149.49, Change: $-3.40, Percent Change: -2.22%

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Research49d ago

Research Alert: CFRA Upholds Buy Rating On Shares Of Broadridge Financial Solutions, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our 12-month target price of $185 (down by $60) is 18.1x our FY 27 (Jun.) EPS view, vs. BR's three-year historical forward P/E average of 24.9x and the peer average of 16.2x. Our target multiple sits between its historical and peer averages as we balance the company's durable franchise against the increased uncertainty for future revenue conversion stemming from the lowered closed sales outlook. We keep our EPS estimates at $9.55 for FY 26 and $10.24 for FY 27. We believe BR exhibits strong operational fundamentals with 90%+ recurring revenue and robust market positioning, but faces near-term headwinds from lengthening sales cycles (closed sales guidance reduced 13%-17%) and material earnings volatility from $244M in digital asset gains that mask underlying performance. The company's strategic investments in tokenization, AI, and digitization position it well for long-term growth, though execution risk on complex platform deals and working capital management (accounts receivable up $254M) warrant monitoring.

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Wire51d ago

Broadridge Tops Q3 Estimates as Deal Delays Cloud Near-Term Outlook, RBC Says

Broadridge Financial Solutions (BR) reported fiscal Q3 results that topped Wall Street expectations, though slower closed sales and deal-timing delays are weighing on the near-term outlook, RBC Capital Markets said Thursday in a report.Revenue rose to $1.95 billion and adjusted EPS reached $2.72, both ahead of estimates, RBC said. Recurring revenue increased 8%, helped by higher equity and fund positions that lifted activity in the investor communication solutions segment, the report said.Closed sales came in light at $57.5 million, down 19% from a year earlier, as larger and more complex deals are taking longer to finalize, the report said. Broadridge also trimmed its full-year closed-sales outlook, though its pipeline remains 20% higher, RBC said.Broadridge continues to benefit from a stable base of recurring revenue, a leading position in proxy services, and emerging opportunities in tokenization and digital transformation, the report said.RBC reduced its price target on Broadridge stock to $200 from $245 to reflect sector rerating and near-term pressures while maintaining its outperform rating.Price: $155.31, Change: $+1.33, Percent Change: +0.86%

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Wire52d ago

JPMorgan Adjusts Price Target on Broadridge Financial Solutions to $179 From $229

Broadridge Financial Solutions (BR) has an average rating of overweight and mean price target of $220, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $155.55, Change: $+1.57, Percent Change: +1.02%

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Wire52d ago

Needham Adjusts Price Target on Broadridge Financial Solutions to $230 From $255

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Wire52d ago

Raymond James Adjusts Price Target on Broadridge Financial Solutions to $240 From $257

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Research53d ago

Research Alert: Br Mar-q Double Beat: Recurring Revenue Growth Partly Offset By Margin Pressure

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:BR reported Mar-Q results above expectations, with revenues of $1.95B (+8% Y/Y) beating consensus by $50M. Adjusted EPS of $2.72, compared to $2.44 in the prior year, exceeded estimates by $0.12. Recurring revenue grew 7% to $1.29B, driven by strong performance in regulatory services (+9%) and a 38% surge in event-driven revenues to $73M from higher mutual fund proxy activity. Margin pressures and declining closed sales present near-term headwinds to profitability. Management noted that higher distribution revenue and increased float income negatively impacted margins by 80 basis points, which reflects ongoing challenges with the revenue mix. Despite 4% growth in operating income to $421M, adjusted operating margins declined to 21.5% from 22.4%. Closed sales fell 19% to $58M. The Investor Communication Solutions segment delivered revenues of $1.47B (+9%); however, the Global Technology and Operations segment showed more moderate growth, with recurring revenues up 5% to $488M.

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