NYSE:BROBrown & Brown Stock Price, Forecast & News

Brown & Brown's stock was trading at $41.60 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BRO shares have decreased by 1.7% and is now trading at $40.90. 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) released its earnings results on Monday, April, 27th. The financial services provider reported $0.51 earnings per share for the quarter, topping the Zacks' consensus estimate 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 return on equity of 12.71% and a net margin of 17.69%. The firm's revenue for the quarter was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.41 earnings per share. View Brown & Brown's earnings history.

Brown & Brown declared a quarterly dividend on Thursday, April 23rd. Shareholders of record on Monday, May 11th will be paid a dividend of $0.085 per share on Wednesday, May 20th. This represents a $0.34 annualized dividend and a yield of 0.83%. The ex-dividend date is Friday, May 8th. View Brown & Brown's dividend history.

Shares of Brown & Brown split on Thursday, March 29th 2018. The 2-1 split was announced on Monday, February 26th 2018. The newly issued shares were distributed 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 brokerages have issued twelve-month target prices for Brown & Brown's stock. Their forecasts range from $30.00 to $52.00. On average, they expect Brown & Brown's stock price to reach $40.71 in the next year. This suggests that the stock has a possible downside of 0.5%. View analysts' price targets for Brown & Brown.

News stories about BRO stock have trended somewhat negative this week, according to InfoTrie. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Brown & Brown earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Brown & Brown.

Brown & Brown saw a decrease in short interest in June. As of June 15th, there was short interest totaling 4,620,000 shares, a decrease of 21.0% from the May 31st total of 5,850,000 shares. Based on an average daily volume of 1,710,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 2.0% of the shares of the stock are short sold. 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 a number of 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 acquired 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 $40.90.

Brown & Brown has a market capitalization of $11.59 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.