Brown & Brown (BRO) Stock Price, News & Analysis

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BRO shares. 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.
View BRO analyst ratings or view top-rated stocks.

10 brokers have issued 1 year price targets for Brown & Brown's stock. Their BRO share price targets range from $78.00 to $95.00. On average, they expect the company's stock price to reach $85.70 in the next year. This suggests a possible upside of 5.8% from the stock's current price.
View analysts price targets for BRO or view top-rated stocks among Wall Street analysts.

Brown & Brown's stock was trading at $71.11 at the start of the year. Since then, BRO shares have increased by 14.0% and is now trading at $81.03.
View the best growth stocks for 2024 here.

Brown & Brown saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 2,590,000 shares, an increase of 15.1% from the March 15th total of 2,250,000 shares. Based on an average daily trading volume, of 1,330,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.1% of the shares of the company are short sold.
View Brown & Brown's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our BRO earnings forecast.

Brown & Brown will be holding an earnings conference call on Tuesday, April 23rd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Brown & Brown, Inc. (NYSE:BRO) posted its quarterly earnings data on Tuesday, January, 23rd. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.05. The financial services provider earned $1.03 billion during the quarter. Brown & Brown had a trailing twelve-month return on equity of 15.46% and a net margin of 20.44%. During the same period in the prior year, the business earned $0.50 earnings per share.

Brown & Brown declared a quarterly dividend on Wednesday, January 17th. Stockholders of record on Friday, February 2nd will be given a dividend of $0.13 per share on Wednesday, February 14th. This represents a $0.52 annualized dividend and a yield of 0.64%. The ex-dividend date of this dividend is Thursday, February 1st.
Read our dividend analysis for BRO.

Brown & Brown (NYSE:BRO) pays an annual dividend of $0.52 per share and currently has a dividend yield of 0.63%. The company has been increasing its dividend for 30 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 16.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRO will have a dividend payout ratio of 13.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BRO.

ETFs with the largest weight of Brown & Brown (NYSE:BRO) stock in their portfolio include Motley Fool Mid-Cap Growth ETF (TMFM), Invesco Dorsey Wright Financial Momentum ETF (PFI), iShares U.S. Insurance ETF (IAK), Nuveen ESG Mid-Cap Growth ETF (NUMG), SPDR S&P Insurance ETF (KIE), First Trust Capital Strength ETF (FTCS), Running Oak Efficient Growth ETF (RUNN) and FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG).

Brown & Brown's stock split on 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 stock prior to the split would have 200 shares after the split.

232 employees have rated Brown & Brown Chief Executive Officer J. Powell Brown on Glassdoor.com. J. Powell Brown has an approval rating of 88% among the company's employees.

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's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (0.49%), Confluence Investment Management LLC (0.20%), Los Angeles Capital Management LLC (0.18%), Ferguson Wellman Capital Management Inc. (0.11%), Running Oak Capital LLC (0.05%) and Spring Capital Management LLC (0.03%). Insiders that own company stock include Bronislaw Edmund Masojada, H Palmer Proctor Jr, Hugh M Brown, Hyatt J Brown, Lawrence L Gellerstedt III, Robert W Lloyd, Stephen M Boyd and Stephen M Boyd.
View institutional ownership trends.

Shares of BRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.