Brown & Brown Inc (BRO) reported the first quarter earnings of 2025, delivering strong revenue growth and solid financial performance highlighted by total revenues of $1.4 billion, an increase of 11.6% including 6.5% organic growth. The company issued a quarterly dividend of $0.15 per share. Notable firms, such as Truist and BofA, adjusted their price targets for BRO after the Q1 results. On the downside, the stock faced a 5.2% decrease and a total weekly slump of 9.4%, temporarily falling in line with earnings growth. Despite missing estimates attributed to higher expenses, and the share price gap down on disappointing earnings, several investors were bullish about BRO's prospects including Price T Rowe Associates, Stifel Financial Corp, and Virtus ETF Advisers who increased their position in Brown & Brown, while others exercised caution, as Banco Bilbao Vizcaya Argentaria and Ossiam sold their holdings. Meanwhile, Brown & Brown stock was upgraded to a Buy status and perceived as a strong shield against market turbulence. Major investment firms like Tower Research Capital, Mariner LLC, Zacks Investment Management, and Nutshell Asset Management invested in BRO. Despite the challenging market conditions, Brown & Brown is seen as an attractive investment option due to its solid financial prospects.
Brown Brown BRO News Analytics from Fri, 07 Jun 2024 07:00:00 GMT to Sat, 03 May 2025 06:05:35 GMT -
Rating 7
- Innovation 4
- Information 7
- Rumor -3
