During the last session, Broadridge Financial Solutions, Inc (NYSE:BR)’s traded shares were 0.74 million, with the beta value of the company hitting 0.97. At the end of the trading day, the stock’s price was $236.50, reflecting an intraday loss of -0.54% or -$1.29. The 52-week high for the BR share is $247.01, that puts it down -4.44 from that peak though still a striking 17.28% gain since the share price plummeted to a 52-week low of $195.64. The company’s market capitalization is $27.78B, and the average intraday trading volume over the past 10 days was 0.43 million shares, and the average trade volume was 548.97K shares over the past three months.
Broadridge Financial Solutions, Inc (BR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.33. BR has a Sell rating from 0 analyst(s) out of 6 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it.
Broadridge Financial Solutions, Inc (NYSE:BR) trade information
Broadridge Financial Solutions, Inc (BR) registered a -0.54% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.54% in intraday trading to $236.50, hitting a weekly high. The stock’s 5-day price performance is -1.39%, and it has moved by -2.55% in 30 days. Based on these gigs, the overall price performance for the year is 19.66%. The short interest in Broadridge Financial Solutions, Inc (NYSE:BR) is 1.05 million shares and it means that shorts have 1.76 day(s) to cover.
The consensus price target of analysts on Wall Street is $196.5, which implies a decrease of -20.36% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $160 and $250 respectively. As a result, BR is trading at a discount of -5.71% off the target high and 32.35% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 7.63%. While earnings are projected to return 9.82% in 2025, the next five years will return 9.45% per annum.
BR Dividends
Broadridge Financial Solutions, Inc is due to release its next quarterly earnings on 2025-May-01. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Broadridge Financial Solutions, Inc is 3.52, with the dividend yield indicating at 1.49 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 1.58%.
Broadridge Financial Solutions, Inc (NYSE:BR)’s Major holders
Broadridge Financial Solutions, Inc insiders own 0.63% of total outstanding shares while institutional holders control 94.12%, with the float percentage being 94.72%. VANGUARD GROUP INC is the largest shareholder of the company, while 1492.0 institutions own stock in it. As of 2024-06-30, the company held over 14.29 million shares (or 12.1369% of all shares), a total value of $2.81 billion in shares.
The next largest institutional holding, with 10.13 million shares, is of BLACKROCK INC.’s that is approximately 8.6037% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.99 billion.
