Broadridge Expands Tokenized-Market Tools as Earnings Growth Looms

Broadridge Financial Solutions has expanded its digital-asset services as it faces higher costs and competition. Shares rose 20.9% over three months, compared with 27.1% growth for the industry, according to Zacks. As of 16:33 UTC on Sept. 28, the shares traded at $163.50, down 0.16% since the previous close.

The company’s wealth-management platform aims to let advisers and self-directed investors manage digital and traditional assets using shared tools. Broadridge has also launched DLX, an infrastructure platform for tokenized markets, and expanded its DLR service to include G7 securities.

A partnership with Payward Services will let eligible xStocks holders access proxy materials and submit voting preferences, Broadridge said. The initiative connects tokenized equities with shareholder voting.

Zacks expects first-quarter fiscal 2027 earnings to fall 9.3% year over year, but projects earnings growth of 9.8% in fiscal 2027 and 10.2% in fiscal 2028. It also forecasts revenue increases of 5.02% and 5.34% in those years, respectively.

In the first quarter of fiscal 2027, Broadridge’s board raised the annual dividend 12% to $4.36 per share and authorized a $1.5 billion share repurchase program. Zacks also identified rising operating costs and competition from financial technology and business-process providers as risks.