Brown & Brown (BRO) Expected to Announce Earnings on Monday

Brown & Brown (NYSE:BRO - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $1.30 per share and revenue of $1.41 billion for the quarter.

Brown & Brown (NYSE:BRO - Get Free Report) last issued its quarterly earnings data on Monday, January 27th. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.10. Brown & Brown had a net margin of 20.68% and a return on equity of 17.81%. On average, analysts expect Brown & Brown to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Brown & Brown Stock Performance

NYSE:BRO traded up $4.19 during mid-day trading on Tuesday, hitting $117.61. 1,524,976 shares of the stock were exchanged, compared to its average volume of 1,435,954. The firm's 50-day simple moving average is $117.53 and its 200 day simple moving average is $110.19. The stock has a market capitalization of $33.63 billion, a price-to-earnings ratio of 33.99, a price-to-earnings-growth ratio of 2.93 and a beta of 0.75. Brown & Brown has a fifty-two week low of $80.87 and a fifty-two week high of $125.68. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.79 and a current ratio of 1.79.

Brown & Brown Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Stockholders of record on Wednesday, February 5th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date of this dividend was Wednesday, February 5th. Brown & Brown's dividend payout ratio is currently 17.34%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BRO. UBS Group raised their price target on shares of Brown & Brown from $110.00 to $120.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 9th. Keefe, Bruyette & Woods lifted their price target on shares of Brown & Brown from $97.00 to $102.00 and gave the company an "underperform" rating in a research report on Wednesday, April 9th. Royal Bank of Canada increased their price target on Brown & Brown from $118.00 to $120.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 29th. Truist Financial boosted their price target on Brown & Brown from $118.00 to $138.00 and gave the company a "buy" rating in a research note on Tuesday, April 15th. Finally, Bank of America increased their price objective on shares of Brown & Brown from $116.00 to $117.00 and gave the stock a "neutral" rating in a research note on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $117.50.

About Brown & Brown

Brown & Brown, Inc is an insurance agency, wholesale brokerage, insurance program and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services.