DAYTONA BEACH, Fla., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on February 12, 2025, to shareholders of record on February 5, 2025. About Brown & Brown, Inc. Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 17,000 teammates and 500+ locations worl ...

Wall Street analysts forecast that Brown & Brown (BRO) will report quarterly earnings of $0.76 per share in its upcoming release, pointing to a year-over-year increase of 31%. It is anticipated that revenues will amount to $1.11 billion, exhibiting an increase of 8.2% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of th ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Brown & Brown (BRO) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 27, 2025, might help the stock move higher if these key numbers are better than ...

Company Performance - Brown & Brown, Inc. (BRO) shares have increased by 36.9% over the past year, outperforming the industry growth of 22.8% and the S&P 500 composite return of 23% [1] - The company has a market capitalization of $29.15 billion, with an average trading volume of 1.3 million shares over the last three months [1] Earnings Growth - The expected long-term earnings growth for BRO is 11.6%, with earnings having grown by 18.4% over the past five years, surpassing the industry average of 13.2% [2] - The Zacks Consensus Estimate for BRO's 2025 earnings per share and revenues indicates increases of 9.6% and 8.7%, respectively, from the 2024 estimates [4] Stock Performance and Technical Indicators - Currently priced at $101.95, BRO is trading above its 200-day simple moving average (SMA) of $97.69, indicating strong upward momentum [3] - The stock has consistently outperformed the industry, sector, and S&P 500 over the past year [9] Analyst Sentiment - Two out of seven analysts covering BRO have raised their estimates for 2025 in the past 60 days, resulting in a 0.9% increase in the Zacks Consensus Estimate for 2025 [5] Revenue Growth and Business Strategy - Commissions and fees, the main revenue component, have benefited from new business growth, strong retention, and continued rate increases, with a five-year annual growth rate of 14% [6] - The company has achieved its intermediate annual revenue goal of $4 billion, doubling its revenue in the last five years [6] Acquisitions and Market Position - BRO has completed four acquisitions in the third quarter of 2024, with estimated annual revenues of $8 million, and has acquired a total of 664 insurance intermediary operations since 1993 [8] - The company continues to invest in organic growth and margin expansion, maintaining an industry-leading adjusted EBITDAC margin [7] Financial Health - BRO has a strong liquidity position and an improving leverage ratio, ensuring effective cash deployment into acquisitions, capital expenditures, and shareholder dividends [10] - The company has a history of raising dividends for 30 consecutive years, with a five-year compound annual growth rate (CAGR) of 8.7% and a current dividend yield of 0.5% [10]

DAYTONA BEACH, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2024 fourth-quarter earnings on Monday, January 27, 2025, after the close of the market. On Tuesday, January 28, 2025, J. Powell Brown, Brown & Brown’s president and chief executive officer, and R. Andrew Watts, Brown & Brown’s executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's fourth-quarter 2024 financial results. Yo ...

DAYTONA BEACH, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces it will release its 2024 fourth-quarter earnings on Monday, January 27, 2025, after the close of the market. On Tuesday, January 28, 2025, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's fourth-quarter 2024 financial results. You ...

A month has gone by since the last earnings report for Brown & Brown (BRO) . Shares have added about 8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Brown & Brown due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Brown & Brown Q3 Earnings Top Estimates on Higher Re ...

DAYTONA BEACH, Fla., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) is proud to announce that our team of companies earned the 2025 Military Friendly® Employer designation. "Our Military Friendly® Employer designation is a result of strong collaboration across teams, including our Veterans Teammate Resource Group. Their insights and dedication help us create a more inclusive and supportive culture for veterans, spouses and the military community. Bringing service members onto the Brown & B ...

Core Viewpoint - Brown & Brown, Inc. has appointed Paul Gallagher as its new controller, who will lead financial operations and support talent development [1][2]. Group 1: Appointment Details - Paul Gallagher, CPA, has been appointed as the controller of Brown & Brown, Inc. [1] - Gallagher will provide strategic guidance for financial operations, including SEC reporting, compliance, acquisitions, and strategic decision-making [1]. - He will also focus on talent development within the company [1]. Group 2: Background of Paul Gallagher - Gallagher joins Brown & Brown from Deloitte, where he spent over 25 years serving global clients in public accounting [2]. - He has experience leading multifunctional teams in areas such as audit, advisory, business development, M&A, and international business [2]. - His leadership style is described as analytical and collaborative, which is expected to support the company's growth and global expansion [2]. Group 3: Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm established in 1939, providing risk management solutions [3]. - The company has approximately 16,000 employees and over 500 locations worldwide [3]. - Brown & Brown is committed to delivering innovative strategies to protect customer interests [3].

DAYTONA BEACH, Fla., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the “Company”) today announced the completion of the previously announced acquisition of the insurance operations of Quintes Holding B.V. Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 16,000 teammates and 500+ locations worldwide, we are committed to providing innovative strategies to help protect what our cu ...