Brown & Brown Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Brown & Brown stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRO, but not buy additional shares or sell existing shares.
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8 analysts have issued 12 month price targets for Brown & Brown's stock. Their BRO stock forecasts range from $61.00 to $82.00. On average, they expect Brown & Brown's share price to reach $70.88 in the next twelve months. This suggests a possible upside of 17.5% from the stock's current price.
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Brown & Brown's stock was trading at $70.28 at the beginning of 2022. Since then, BRO stock has decreased by 14.1% and is now trading at $60.34.
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Brown & Brown saw a decrease in short interest in May. As of May 31st, there was short interest totaling 5,350,000 shares, a decrease of 16.5% from the May 15th total of 6,410,000 shares. Based on an average daily volume of 1,960,000 shares, the short-interest ratio is presently 2.7 days. Approximately 2.3% of the shares of the stock are sold short.
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Brown & Brown is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022.
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Brown & Brown will be holding an earnings conference call on Tuesday, July 26th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 719-457-0820 with passcode "9164382".

Brown & Brown, Inc. (NYSE:BRO) posted its earnings results on Monday, April, 25th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.03. The financial services provider had revenue of $904.70 million for the quarter, compared to analyst estimates of $892.56 million. Brown & Brown had a trailing twelve-month return on equity of 15.53% and a net margin of 19.35%. During the same quarter in the previous year, the company posted $0.70 earnings per share.
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Brown & Brown declared a quarterly dividend on Monday, April 25th. Investors of record on Monday, May 9th will be given a dividend of $0.102 per share on Wednesday, May 18th. This represents a $0.41 annualized dividend and a yield of 0.68%. The ex-dividend date of this dividend is Friday, May 6th.
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Brown & Brown(NYSE:BRO) pays an annual dividend of $0.41 per share and currently has a dividend yield of 0.68%. Brown & Brown has been increasing its dividend for 28 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Brown & Brown is 19.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Brown & Brown will have a dividend payout ratio of 16.02% next year. This indicates that Brown & Brown will be able to sustain or increase its dividend.
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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 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.

232 employees have rated Brown & Brown CEO J. Powell Brown on Glassdoor.com. J. Powell Brown has an approval rating of 88% among Brown & Brown's employees.

Some companies that are related to Brown & Brown include Kering (PPRUY), AON (AON), Arthur J. Gallagher & Co. (AJG), Willis Towers Watson Public (WTW), Ryan Specialty (RYAN), Equitable (EQH), Waterdrop (WDH), Hagerty (HGTY), BRP Group (BRP), BRP Group (BRP), CorVel (CRVL), Ashmore Group (AJMPF), Goosehead Insurance (GSHD), SelectQuote (SLQT) and Fanhua (FANH).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Brown & Brown investors own include Intel (INTC), NVIDIA (NVDA), Alibaba Group (BABA), QUALCOMM (QCOM), AbbVie (ABBV), Advanced Micro Devices (AMD), Micron Technology (MU), AT&T (T), Bank of America (BAC) and JD.com (JD).

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 Farmer Steven Patrick (0.22%) and Park National Corp OH (0.03%). Company insiders that own Brown & Brown stock include Chris L Walker, H Palmer Proctor Jr, Hugh M Brown, Hyatt J Brown, James Charles Hays, Jerome Scott Penny, Lawrence L Gellerstedt III, Robert W Lloyd and Stephen M Boyd.
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. Company insiders that have sold Brown & Brown company stock in the last two years include Hyatt J Brown, Robert W Lloyd, and Stephen M Boyd.
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BRO stock was bought by a variety of institutional investors in the last quarter, including Farmer Steven Patrick. Company insiders that have bought Brown & Brown stock in the last two years include H Palmer Proctor Jr, Hugh M Brown, James Charles Hays, and Lawrence L Gellerstedt III.
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Shares of BRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BRO stock can currently be purchased for approximately $60.34.

Brown & Brown (NYSE:BRO) has a market capitalization of $17.03 billion and generates $3.05 billion in revenue each year. The financial services provider earns $587.10 million in net income (profit) each year or $2.14 on an earnings per share basis.

Brown & Brown employs 12,023 workers across the globe.

Brown & Brown was founded in 1939.

Brown & Brown's mailing address is 220 South Ridgewood Avenue, Daytona Beach FL, 32114. The official website for Brown & Brown is www.bbinsurance.com. The financial services provider can be reached via phone at (386) 252-9601 or via fax at 386-239-5729.