NYSE:BROBrown & 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 0.4% and is now trading at $41.42. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 1 sell rating, 5 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, July 27th 2020. View our earnings forecast for Brown & Brown.

Brown & Brown will be holding an earnings conference call on Monday, July 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) posted its quarterly earnings data on Monday, April, 27th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.05. The financial services provider had revenue of $698.50 million for the quarter, compared to analyst estimates of $678.11 million. Brown & Brown had a net margin of 17.69% and a return on equity of 12.71%. The company's quarterly revenue was up 12.8% on a year-over-year basis. During the same period last year, the company earned $0.41 earnings per share. View Brown & Brown's earnings history.

Brown & Brown announced a quarterly dividend on Thursday, April 23rd. Stockholders of record on Monday, May 11th will be given a dividend of $0.085 per share on Wednesday, May 20th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date of this dividend is Friday, May 8th. 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 minted shares were issued 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.

8 equities research analysts have issued 12-month price targets for Brown & Brown's shares. Their forecasts range from $30.00 to $52.00. On average, they anticipate Brown & Brown's stock price to reach $40.71 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. View analysts' price targets for Brown & Brown.

Press coverage about BRO stock has been trending very negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Brown & Brown earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Brown & Brown.

Brown & Brown saw a drop in short interest in June. As of June 15th, there was short interest totaling 4,620,000 shares, a drop of 21.0% from the May 31st total of 5,850,000 shares. Based on an average trading volume of 1,710,000 shares, the short-interest ratio is currently 2.7 days. Approximately 2.0% of the company's stock are sold short. View Brown & Brown's Current Options Chain.

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). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brown & Brown investors own include Alibaba Group (BABA), Mastercard (MA), NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), 3M (MMM), AT&T (T), Walt Disney (DIS), Intel (INTC) and Johnson & Johnson (JNJ).

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

Brown & Brown's stock is owned by many different retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.35%), Park National Corp OH (0.03%), Envestnet Asset Management Inc. (0.03%), Whittier Trust Co. (0.02%), DNB Asset Management AS (0.01%) 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 Confluence Investment Management LLC, DNB Asset Management AS, Private Trust Co. NA, Orrstown Financial Services Inc., and Park National Corp OH. 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.

BRO stock was purchased by a variety of institutional investors in the last quarter, including Whittier Trust Co., Envestnet Asset Management Inc., and Whittier Trust Co. of Nevada Inc.. 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 $41.42.

Brown & Brown has a market capitalization of $11.74 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.

The official website for Brown & Brown is 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.