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Broadridge Financial Solutions Inc - BR STOCK NEWS

Welcome to our dedicated page for Broadridge Financial Solutions news (Ticker: BR), a resource for investors and traders seeking the latest updates and insights on Broadridge Financial Solutions stock.

Broadridge Financial Solutions Inc. (NYSE: BR) is a leading global provider of investor communications and technology-driven solutions for wealth management, asset management, and capital markets firms. Since its spin-off from ADP in 2007, Broadridge has been at the forefront of financial technology innovation, helping clients manage risk, achieve operational excellence, and drive growth.

Broadridge operates through two main segments: Investor Communication Solutions (ICS) and Global Technology and Operations (GTO). The ICS segment offers comprehensive solutions for proxy voting, regulatory communications, and shareholder engagement, while the GTO segment delivers advanced technology services and outsourcing solutions for trading, portfolio management, and back-office operations.

With over $6 billion in annual revenues and a presence in 21 countries, Broadridge's infrastructure supports the daily trading of more than $10 trillion of equities, fixed income, and other securities globally. The company serves a diverse clientele, including banks, broker-dealers, asset managers, wealth managers, and corporate issuers, providing the critical infrastructure needed to power investing, corporate governance, and communications.

Recent achievements highlight Broadridge's commitment to innovation and growth. The company has reported steady financial performance, including 6% organic recurring revenue growth for the second quarter of fiscal year 2024 and a reaffirmation of its annual guidance. Broadridge continues to enhance its product offerings, such as launching the Broadridge Investor Insights analytics platform to provide issuers with comprehensive investor and voting pattern data.

Broadridge also actively addresses key industry trends like the digitization of communications, mutualization of capabilities, and the evolving landscape of data and analytics. The company's strategic partnerships with financial institutions and corporate issuers worldwide further solidify its position as an industry leader.

Broadridge is a certified Great Place to Work®, employing over 14,000 associates dedicated to delivering unparalleled value to clients and fostering a culture of innovation. For more information about Broadridge and its solutions, visit their website.

News

Broadridge Recognized as One of FORTUNE Magazine's 2024 'World's Most Admired Companies'

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Broadridge Financial Solutions, Inc. (BR) has been recognized by FORTUNE® magazine as one of the World's Most Admired Companies in the financial data services category for the tenth time. With a market capitalization of $24 billion, Broadridge has consistently delivered strong returns to shareholders, with annualized total shareholder returns of 22% over a 10-year period. The company has also been acknowledged for its innovative technology solutions and employer leadership by various industry organizations.
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Silverview Credit Partners Optimizes Investment Operations with Broadridge's Private Debt Portfolio Management Solution

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Silverview Credit Partners has partnered with Broadridge Financial Solutions Inc's Sentry Portfolio Management solution to optimize its technology capabilities and streamline its private credit investment processes, enabling greater operational efficiencies and increased transparency in portfolio management activities. The partnership aims to meet the growing reporting demands of the investment team, borrowers, and investors, and to support ongoing business growth.
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LTX by Broadridge Announces Four New Patents Covering Fixed Income Trading Innovations

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LTX, a subsidiary of Broadridge Financial Solutions, has been awarded four new patents for its fixed income trading innovations, enhancing trade workflows and bringing new efficiency to trade execution. The patented technologies address challenges in the corporate bond market, enabling AI-driven workflows and assisting users in identifying corporate bonds and answering complex bond-related queries.
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Broadridge Schedules Webcast and Conference Call to Review Second Quarter Fiscal Year 2024 Results on February 1, 2024

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Broadridge Financial Solutions, Inc. (BR) is set to announce its Q2 FY 2024 financial results on February 1, 2024. The webcast and conference call featuring CEO Tim Gokey and CFO Edmund Reese will take place at 8:30 a.m. ET on the same day. Investors can access the live event and slide presentation on Broadridge's Investor Relations website. A replay of the webcast and call will be available through February 8, 2024.
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Broadridge Launches GenAI-Powered OpsGPT to Transform and Optimize Trading in a T+1 Environment

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Broadridge Financial Solutions, Inc. (NYSE: BR) launches OpsGPT, a new capability powered by Generative AI (GenAI) and Large Language Model (LLM) technology to simplify and optimize trading operations, improve efficiency, mitigate risks, and enhance governance across the T+1 trade lifecycle.
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Broadridge and Boring Money Collaborate to Deliver Consumer Duty Solution for Asset Managers

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Boring Money (BR) collaborates with Broadridge Financial Solutions, Inc. to provide comprehensive data and insights for asset managers to meet the UK's Consumer Duty regulation, combining product analysis with consumer perspective.
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TMF Group Adopts Broadridge's Sentry Loan Administration Platform to Scale for Private Debt and CLO Fund Services Business Growth

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Broadridge Financial Solutions, Inc. (NYSE:BR) announces that TMF Group has enhanced its private debt and CLO service capabilities with the adoption of Broadridge's Sentry PM, a cloud-based private debt and CLO portfolio management solution. This technology enhancement will significantly scale TMF Group's private debt and CLO services businesses by reducing operational risks and empowering investment managers to make more informed investment decisions. The platform will also enable TMF Group to launch a new service offering for CLO administration in 2024.
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Broadridge Highlights Path for Sustainable Long-term Growth at Investor Day 2023

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Broadridge Financial Solutions, Inc. (NYSE:BR) announced its new three-year growth objectives for the period ending Fiscal Year 2026, targeting recurring revenue growth of 7-9% and adjusted EPS growth of 8-12%. The company also reaffirmed its Fiscal Year 2024 guidance, with no changes in recurring revenue growth, adjusted operating income margin, adjusted earnings per share growth, and closed sales.
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Broadridge Investment Management Technology Enhances Carlyle's Private Credit and CLO Portfolio Management Operations

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Broadridge Financial Solutions, Inc. (NYSE:BR) has implemented its cloud-based solution, Sentry, at global investment firm Carlyle to support its private credit and collateralized loan obligation (CLO) portfolio management. This technology will enable Carlyle to efficiently manage its deal pipeline, trade compliance, and loan operations on a single platform, and scale operations as the platform grows.
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Broadridge to Host Investor Day on December 7, 2023

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Broadridge Financial Solutions, Inc. (BR) will host its 2023 Investor Day on December 7, 2023 at 8:30 a.m. EST in New York City. Senior management, including CEO Tim Gokey and CFO Edmund Reese, will discuss strategy, growth outlook, and new three-year growth objectives.
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FAQ

What is the current stock price of Broadridge Financial Solutions (BR)?

The current stock price of Broadridge Financial Solutions (BR) is $230.24 as of November 22, 2024.

What is the market cap of Broadridge Financial Solutions (BR)?

The market cap of Broadridge Financial Solutions (BR) is approximately 26.7B.

What services does Broadridge Financial Solutions provide?

Broadridge provides investor communications, technology-driven solutions for wealth management, asset management, and capital markets firms, including proxy voting, regulatory communications, trading, and back-office operations.

How does Broadridge support its clients?

Broadridge helps clients manage risk, achieve operational excellence, and drive growth through advanced technology services and outsourcing solutions for trading, portfolio management, and communications.

What are the main segments of Broadridge?

Broadridge operates through two main segments: Investor Communication Solutions (ICS) and Global Technology and Operations (GTO).

What recent achievements has Broadridge reported?

Broadridge reported 6% organic recurring revenue growth for the second quarter of fiscal year 2024 and launched the Broadridge Investor Insights analytics platform.

Who are Broadridge's main clients?

Broadridge serves banks, broker-dealers, asset managers, wealth managers, and corporate issuers worldwide.

What is Broadridge’s focus for future growth?

Broadridge focuses on addressing digitization, mutualization of capabilities, and evolving data and analytics trends while enhancing their product offerings and strategic partnerships.

Where is Broadridge Financial Solutions headquartered?

Broadridge is headquartered in New York, USA.

How large is Broadridge's workforce?

Broadridge employs over 14,000 associates globally.

Is Broadridge a publicly traded company?

Yes, Broadridge is listed on the New York Stock Exchange (NYSE) under the ticker symbol BR.

How can I learn more about Broadridge?

For more information, visit Broadridge's website at https://www.broadridge.com.

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Broadridge Financial Solutions Inc

NYSE:BR

BR Rankings

#448 Ranked by Market Cap
#1548 Ranked by Dividends

BR Stock Data

26.65B
116.04M
0.68%
92.95%
1.39%
Information Technology Services
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