Brown & Brown (BRO) Expected to Announce Earnings on Monday
by Michael Walen · The Markets DailyBrown & Brown (NYSE:BRO – Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Monday, April 28th. Analysts expect Brown & Brown to post earnings of $1.30 per share and revenue of $1.41 billion for the quarter.
Brown & Brown (NYSE:BRO – Get Free Report) last posted its quarterly earnings results 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
Shares of NYSE:BRO opened at $114.29 on Friday. The company’s 50 day simple moving average is $118.02 and its 200 day simple moving average is $110.50. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.79 and a quick ratio of 1.79. Brown & Brown has a 1 year low of $80.91 and a 1 year high of $125.68. The stock has a market capitalization of $32.68 billion, a price-to-earnings ratio of 33.03, a price-to-earnings-growth ratio of 2.93 and a beta of 0.75.
Analyst Ratings Changes
A number of equities analysts have recently commented on the company. Wells Fargo & Company boosted their price target on Brown & Brown from $115.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, January 29th. UBS Group boosted their target price on Brown & Brown from $110.00 to $120.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 9th. Morgan Stanley restated an “equal weight” rating and issued a $128.00 price target on shares of Brown & Brown in a research note on Tuesday, March 25th. Royal Bank of Canada upped their price objective on shares of Brown & Brown from $118.00 to $120.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 29th. Finally, Keefe, Bruyette & Woods upped their price target on shares of Brown & Brown from $97.00 to $102.00 and gave the stock an “underperform” rating in a report on Wednesday, April 9th. One equities research 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. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $117.50.
Get Our Latest Research Report on Brown & Brown
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.
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