NYSE:BRO - Brown & Brown Stock Price, Forecast & News

Brown & Brown's stock was trading at $41.60 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BRO stock has decreased by 16.2% and is now trading at $34.86. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Brown & Brown.

Brown & Brown is scheduled to release its next quarterly earnings announcement on Monday, April 27th 2020. View our earnings forecast for Brown & Brown.

Brown & Brown will be holding an earnings conference call on Monday, April 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Brown & Brown, Inc. (NYSE:BRO) announced its quarterly earnings results on Monday, January, 27th. The financial services provider reported $0.28 EPS for the quarter, beating the consensus estimate of $0.27 by $0.01. The financial services provider earned $579 million during the quarter, compared to analysts' expectations of $563.56 million. Brown & Brown had a net margin of 16.66% and a return on equity of 12.23%. The business's revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.27 earnings per share. View Brown & Brown's earnings history.

Brown & Brown announced a quarterly dividend on Wednesday, January 22nd. Stockholders of record on Wednesday, February 5th will be paid a dividend of $0.085 per share on Wednesday, February 19th. This represents a $0.34 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Tuesday, February 4th. View Brown & Brown's dividend history.

Brown & Brown's stock split on Thursday, March 29th 2018. The 2-1 split was announced on Monday, February 26th 2018. The newly created shares were payable to shareholders after the market closes on Wednesday, March 28th 2018. An investor that had 100 shares of Brown & Brown stock prior to the split would have 200 shares after the split.

7 brokerages have issued 1-year target prices for Brown & Brown's shares. Their forecasts range from $30.00 to $52.00. On average, they anticipate Brown & Brown's share price to reach $42.17 in the next year. This suggests a possible upside of 21.0% from the stock's current price. View analysts' price targets for Brown & Brown.

Media coverage about BRO stock has trended very negative on Friday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Brown & Brown earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutBrown & Brown.

Some companies that are related to Brown & Brown include Marsh & McLennan Companies (MMC), AON (AON), Arthur J Gallagher & Co (AJG), eHealth (EHTH) and Crawford & Company (CRD.B).

Based on aggregate information from My MarketBeat watchlists, some companies that other Brown & Brown investors own include Verizon Communications (VZ), Mastercard (MA), Boeing (BA), Bank of America (BAC), Johnson & Johnson (JNJ), Mcdonald's (MCD), Altria Group (MO), Procter & Gamble (PG), Lam Research (LRCX) and NVIDIA (NVDA).

Brown & Brown trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRO."

Brown & Brown's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.03%) and Orrstown Financial Services Inc. (0.01%). Company insiders that own Brown & Brown stock include Anthony T Strianese, Chris L Walker, H Palmer Proctor Jr, Jerome Scott Penny and Robert W Lloyd. View institutional ownership trends for Brown & Brown.

BRO stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH, and Orrstown Financial Services Inc.. Company insiders that have sold Brown & Brown company stock in the last year include Chris L Walker, and Jerome Scott Penny. View insider buying and selling activity for Brown & Brown.

Shares of BRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BRO stock can currently be purchased for approximately $34.86.

Brown & Brown has a market capitalization of $9.81 billion and generates $2.39 billion in revenue each year. The financial services provider earns $398.51 million in net income (profit) each year or $1.40 on an earnings per share basis. Brown & Brown employs 10,083 workers across the globe. View additional information about Brown & Brown.

The official website for Brown & Brown is http://www.bbinsurance.com/.

Brown & Brown's mailing address is 220 South Ridgewood Avenue, Daytona Beach FL, 32114. The financial services provider can be reached via phone at 386-252-9601.