In the latest trading session,, 1.24 million Brown & Brown, Inc (NYSE:BRO) shares changed hands as the company’s beta touched 0.80. With the company’s most recent per share price at $106.33 changed hands at -$2.6 or -2.39% at last look, the market valuation stands at $34.65B. BRO’s current price is a discount, trading about -18.2% off its 52-week high of $125.68. The share price had its 52-week low at $88.31, which suggests the last value was 16.95% up since then. When we look at Brown & Brown, Inc’s average trading volume, we note the 10-day average is 4.95 million shares, with the 3-month average coming to 2.87 million.
Analysts gave the Brown & Brown, Inc (BRO) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.50. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended BRO as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight.
Brown & Brown, Inc (NYSE:BRO) trade information
Instantly BRO was in red as seen in intraday trades today. With action -1.89%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 18.92%, with the 5-day performance at -1.89% in the red. However, in the 30-day time frame, Brown & Brown, Inc (NYSE:BRO) is -6.23% down. Looking at the short shares, we see there were 6.75 million shares sold at short interest cover period of 2.24 days.
The consensus price target for the stock as assigned by Wall Street analysts is 99, meaning bulls need a downside of -7.4% from its recent market value. According to analyst projections, BRO’s forecast low is 62 with 116 as the target high. To hit the forecast high, the stock’s price needs a -9.09% plunge from its current level, while the stock would need to tank 41.69% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 19.72%. The 2025 estimates are for Brown & Brown, Inc earnings to increase by 8.44%, but the outlook for the next 5-year period is at 10.30% per year.
BRO Dividends
Brown & Brown, Inc is expected to release its next quarterly earnings report on 2025-Apr-28. The 0.55% annual yield figure for the share gives it an annual dividend of 0.58. It is important to note, however, that the 0.55% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 0.63 per year.
Brown & Brown, Inc (NYSE:BRO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 13.49% of Brown & Brown, Inc shares while 69.21% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 80.01%. There are 69.21% institutions holding the Brown & Brown, Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 10.1757% of the shares, roughly 28.7 million BRO shares worth $2.57 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 5.912% or 16.67 million shares worth $1.49 billion as of 2024-06-30.
