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

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

Brown & Brown announced a quarterly dividend on Thursday, October 24th. Investors of record on Friday, November 8th will be given a dividend of $0.085 per share on Wednesday, November 20th. This represents a $0.34 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend is Thursday, November 7th. This is an increase from Brown & Brown's previous quarterly dividend of $0.08. View Brown & Brown's Dividend History.

Brown & Brown shares split before market open on Thursday, March 29th 2018. The 2-1 split was announced on Monday, February 26th 2018. The newly issued 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.

Brown & Brown, Inc. (NYSE:BRO) issued its quarterly earnings data on Monday, October, 28th. The financial services provider reported $0.39 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.39. The financial services provider had revenue of $618.70 million for the quarter, compared to analysts' expectations of $610.36 million. Brown & Brown had a net margin of 17.04% and a return on equity of 12.39%. The company's revenue for the quarter was up 16.5% on a year-over-year basis. During the same period last year, the firm earned $0.38 EPS. View Brown & Brown's Earnings History.

Brown & Brown is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Brown & Brown.

Brown & Brown will be holding an earnings conference call on Monday, January 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.

4 brokers have issued 1 year price targets for Brown & Brown's stock. Their forecasts range from $28.00 to $46.00. On average, they anticipate Brown & Brown's stock price to reach $36.20 in the next twelve months. This suggests that the stock has a possible downside of 12.6%. View Analyst Price Targets for Brown & Brown.

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

Media headlines about BRO stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing 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 positive five, with scores closest to five being the most favorable. Brown & Brown earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned 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 effect on the company's share price in the next several days. View News Stories for Brown & Brown.

Brown & Brown saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,980,000 shares, an increase of 6.6% from the December 15th total of 4,670,000 shares. Based on an average daily trading volume, of 1,770,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.1% of the shares of the company 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Brown & Brown investors own include Mcdonald's (MCD), Bank of America (bac), PepsiCo (PEP), Walt Disney (dis), 3M (MMM), Procter & Gamble (PG), UnitedHealth Group (UNH), Amgen (AMGN), Netflix (NFLX) and Starbucks (sbux).

Brown & Brown's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fenimore Asset Management Inc. (1.06%), Scout Investments Inc. (0.34%), PGGM Investments (0.23%), Boston Trust Walden Corp (0.17%), Tandem Investment Advisors Inc. (0.15%) and Park National Corp OH (0.06%). Company insiders that own Brown & Brown stock include Anthony T Strianese, H Palmer Proctor Jr, Hyatt J Brown, 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 Scout Investments Inc., Tandem Investment Advisors Inc., PGGM Investments, Boston Trust Walden Corp, Three Peaks Capital Management LLC, State of Alaska Department of Revenue, Park National Corp OH and Orrstown Financial Services Inc.. Company insiders that have sold Brown & Brown company stock in the last year include Anthony T Strianese, Jerome Scott Penny and Robert W Lloyd. View Insider Buying and Selling for Brown & Brown.

BRO stock was acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS, IFM Investors Pty Ltd, Fenimore Asset Management Inc., Sciencast Management LP, Investors Asset Management of Georgia Inc. GA ADV, HWG Holdings LP, Allred Capital Management LLC and Raymond James Trust N.A.. View Insider Buying and Selling 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 $41.41.

Brown & Brown has a market capitalization of $11.65 billion and generates $2.01 billion in revenue each year. The financial services provider earns $344.26 million in net income (profit) each year or $1.23 on an earnings per share basis. Brown & Brown employs 9,590 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.