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

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

Brown & Brown declared a quarterly dividend on Wednesday, October 10th. Investors of record on Friday, October 26th will be paid a dividend of $0.08 per share on Wednesday, November 7th. This represents a $0.32 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend is Thursday, October 25th. This is a boost from Brown & Brown's previous quarterly dividend of $0.08. View Brown & Brown's Dividend History.

Brown & Brown's stock split on the morning of 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 closing bell 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) announced its earnings results on Monday, October, 22nd. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.34 by $0.04. The financial services provider had revenue of $530.90 million for the quarter, compared to analyst estimates of $508.82 million. Brown & Brown had a return on equity of 12.36% and a net margin of 23.15%. Brown & Brown's quarterly revenue was up 11.6% compared to the same quarter last year. During the same period last year, the business earned $0.27 earnings per share. View Brown & Brown's Earnings History.

Brown & Brown is scheduled to release their next quarterly earnings announcement on Monday, January 28th 2019. View Earnings Estimates for Brown & Brown.

11 analysts have issued 1-year target prices for Brown & Brown's shares. Their forecasts range from $26.00 to $33.00. On average, they anticipate Brown & Brown's share price to reach $29.00 in the next year. This suggests a possible upside of 5.1% from the stock's current price. View Analyst Price Targets for Brown & Brown.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 3 sell ratings, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brown & Brown.

Press coverage about BRO stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. 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 coverage optimism score of 1.0 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Some companies that are related to Brown & Brown include Willis Towers Watson (WLTW), Arthur J Gallagher & Co (AJG), AXA Equitable (EQH), Erie Indemnity (ERIE), Ashmore Group (AJMPF), Fanhua (FANH), CorVel (CRVL), eHealth (EHTH), AA (AATDF), Crawford & Company (CRD.A), Health Insurance Innovations (HIIQ), Crawford & Company (CRD.B), Goosehead Insurance (GSHD) and Marketing Alliance (MAAL).

Brown & Brown's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc (8.67%), BlackRock Inc. (7.35%), Wells Fargo & Company MN (4.37%), First Eagle Investment Management LLC (4.13%), Select Equity Group L.P. (2.96%) and Victory Capital Management Inc. (2.30%). Company insiders that own Brown & Brown stock include Anthony T Strianese, Hyatt J Brown, Michael Waldkirch and Richard Silas. View Institutional Ownership Trends for Brown & Brown.

BRO stock was sold by a variety of institutional investors in the last quarter, including First Eagle Investment Management LLC, Vaughan Nelson Investment Management L.P., Marshall Wace North America L.P., Diamond Hill Capital Management Inc., Thrivent Financial for Lutherans, FMR LLC, Martingale Asset Management L P and AQR Capital Management LLC. Company insiders that have sold Brown & Brown company stock in the last year include Anthony T Strianese and Hyatt J Brown. View Insider Buying and Selling for Brown & Brown.

BRO stock was acquired by a variety of institutional investors in the last quarter, including Select Equity Group L.P., Federated Investors Inc. PA, Victory Capital Management Inc., Vanguard Group Inc, Marshall Wace LLP, Citadel Advisors LLC, BlackRock Inc. and Bessemer Group Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of BRO stock can currently be purchased for approximately $27.60.

Brown & Brown has a market capitalization of $7.71 billion and generates $1.88 billion in revenue each year. The financial services provider earns $399.63 million in net income (profit) each year or $0.96 on an earnings per share basis. Brown & Brown employs 1,990 workers across the globe.

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

Brown & Brown's mailing address is 220 S. RIDGEWOOD AVE., DAYTONA BEACH FL, 32114. The financial services provider can be reached via phone at 386-252-9601.