On 2016-07-15, Brown & Brown, Inc. (NYSE:BRO) confirmed the dividend disbursement of $0.123 a share to shareholders as on record 2016-08-09. The firm will release dividend on 2016-08-17 while ex-dividend date is reported to be 2016-08-05.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Brown & Brown, Inc. (NYSE:BRO) paid a total of $0.123 per share in dividends. This figure stood at $0.123 a share in the same period a year ago indicating a deviation of 10.3659%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $36.428 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $41 and $31, respectively.
Taking the mathematical rating formula, the price for Brown & Brown, Inc. (NYSE:BRO) stands at 2.85. Earnings Review Brown & Brown, Inc. (NYSE:BRO) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-17. For the period ending on 2016-09-30, experts are expecting EPS of $0.49.
Coming to the quarter ending on 2015-12-31, Brown & Brown, Inc. (NYSE:BRO) recorded EPS of $0.49. The reported numbers came lower than the analysts’ estimates of $0.44, demonstrating a miss of $0.05 as against reported figures.
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