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 announced a quarterly dividend on Wednesday, October 10th. Stockholders 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 dividend yield of 1.16%. The ex-dividend date is Thursday, October 25th. This is a positive change from Brown & Brown's previous quarterly dividend of $0.08. View Brown & Brown's Dividend History.

Brown & Brown shares split on the morning of Thursday, March 29th 2018. The 2-1 split was announced on Monday, February 26th 2018. The newly issued shares were issued 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) issued its quarterly earnings results on Monday, October, 22nd. The financial services provider reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.04. The financial services provider earned $530.90 million during the quarter, compared to the consensus estimate of $508.82 million. Brown & Brown had a net margin of 23.15% and a return on equity of 12.36%. Brown & Brown's quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.27 EPS. 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 brokerages have issued 12 month price targets for Brown & Brown's stock. Their predictions range from $26.00 to $33.00. On average, they anticipate Brown & Brown's stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 5.0% 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.

Media headlines about BRO stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Brown & Brown earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.

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), Health Insurance Innovations (HIIQ), Crawford & Company (CRD.B), Crawford & Company (CRD.A), Goosehead Insurance (GSHD) and Marketing Alliance (MAAL).

Brown & Brown's stock is owned by many different of institutional and retail investors. Top institutional investors 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 purchased 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 $27.62.

Brown & Brown has a market capitalization of $7.68 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.