Brown & Brown Company Profile (NYSE:BRO)

About Brown & Brown (NYSE:BRO)

Brown & Brown logoBrown & Brown, Inc. is a diversified insurance agency, wholesale brokerage, insurance programs and service company. The Company markets and sells insurance products and services, in the property, casualty and employee benefits areas. It provides its customers with non-investment insurance contracts, as well as other customized risk management products and services. It operates through four segments: the Retail Segment, which provides a range of insurance products and services to commercial, public and quasi-public entities, and to professional and individual customers; the National Programs Segment, which acts as a managing general agent, provides professional liability and related package products; the Wholesale Brokerage Segment, which markets and sells excess and surplus commercial and personal lines insurance, and the Services Segment, which provides insurance-related services, including third-party claims administration and medical utilization management services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Insurance Brokers
  • Sub-Industry: Insurance Brokers
  • Symbol: NYSE:BRO
  • CUSIP: 11523610
  • Web:
  • Market Cap: $5.96 billion
  • Outstanding Shares: 140,269,000
Average Prices:
  • 50 Day Moving Avg: $42.46
  • 200 Day Moving Avg: $42.94
  • 52 Week Range: $34.27 - $45.77
  • Trailing P/E Ratio: 22.71
  • Foreward P/E Ratio: 20.92
  • P/E Growth: 3.86
Sales & Book Value:
  • Annual Revenue: $1.79 billion
  • Price / Sales: 3.33
  • Book Value: $17.22 per share
  • Price / Book: 2.47
  • Annual Dividend: $0.54
  • Dividend Yield: 1.3%
  • EBIDTA: $571.81 million
  • Net Margins: 14.57%
  • Return on Equity: 11.57%
  • Return on Assets: 5.03%
  • Debt-to-Equity Ratio: 0.43%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.93%
  • Average Volume: 556,105 shs.
  • Beta: 0.73
  • Short Ratio: 2.4

Frequently Asked Questions for Brown & Brown (NYSE:BRO)

What is Brown & Brown's stock symbol?

Brown & Brown trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRO."

How often does Brown & Brown pay dividends? What is the dividend yield for Brown & Brown?

Brown & Brown declared a quarterly dividend on Monday, April 17th. Stockholders of record on Monday, May 8th will be paid a dividend of $0.135 per share on Wednesday, May 17th. This represents a $0.54 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, May 4th. View Brown & Brown's Dividend History.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) issued its earnings results on Monday, April, 17th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.01. The firm earned $465.10 million during the quarter, compared to analyst estimates of $443.76 million. Brown & Brown had a net margin of 14.57% and a return on equity of 11.57%. The business's revenue for the quarter was up 9.6% on a year-over-year basis. During the same period last year, the business posted $0.44 EPS. View Brown & Brown's Earnings History.

When will Brown & Brown make its next earnings announcement?

Brown & Brown is scheduled to release their next quarterly earnings announcement on Monday, July, 17th 2017. View Earnings Estimates for Brown & Brown.

Where is Brown & Brown's stock going? Where will Brown & Brown's stock price be in 2017?

10 analysts have issued 1-year price targets for Brown & Brown's stock. Their predictions range from $32.00 to $46.00. On average, they anticipate Brown & Brown's share price to reach $40.25 in the next twelve months. View Analyst Ratings for Brown & Brown.

Are investors shorting Brown & Brown?

Brown & Brown saw a decline in short interest during the month of May. As of May 15th, there was short interest totalling 1,246,352 shares, a decline of 31.8% from the April 28th total of 1,826,186 shares. Based on an average daily trading volume, of 491,242 shares, the short-interest ratio is currently 2.5 days. Approximately 1.1% of the shares of the company are sold short.

Who are some of Brown & Brown's key competitors?

Who owns Brown & Brown stock?

Brown & Brown's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.67%), BlackRock Inc. (6.77%), First Eagle Investment Management LLC (5.06%), State Street Corp (4.07%), Wells Fargo & Company MN (3.77%) and Findlay Park Partners LLP (2.97%). Company insiders that own Brown & Brown stock include Anthony T Strianese, Jerome Scott Penny, Richard Freebourn and Robert W Lloyd. View Institutional Ownership Trends for Brown & Brown.

Who sold Brown & Brown stock? Who is selling Brown & Brown stock?

Brown & Brown's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Fenimore Asset Management Inc., Citadel Advisors LLC, Mackenzie Financial Corp, American Century Companies Inc., State Street Corp, Goldman Sachs Group Inc. and Burgundy Asset Management Ltd.. Company insiders that have sold Brown & Brown stock in the last year include Anthony T Strianese, Jerome Scott Penny, Richard Freebourn and Robert W Lloyd. View Insider Buying and Selling for Brown & Brown.

Who bought Brown & Brown stock? Who is buying Brown & Brown stock?

Brown & Brown's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Vanguard Group Inc., Morgan Stanley, First Eagle Investment Management LLC, Victory Capital Management Inc., JPMorgan Chase & Co. and First Trust Advisors LP. View Insider Buying and Selling for Brown & Brown.

How do I buy Brown & Brown stock?

Shares of Brown & Brown can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Brown & Brown stock cost?

One share of Brown & Brown stock can currently be purchased for approximately $42.46.

Analyst Ratings

Consensus Ratings for Brown & Brown (NYSE:BRO) (?)
Ratings Breakdown: 1 Sell Rating, 8 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $40.25 (5.20% downside)

Analysts' Ratings History for Brown & Brown (NYSE:BRO)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/19/2017SunTrust Banks, Inc.Reiterated RatingHold$44.00 -> $46.00LowView Rating Details
5/8/2017Royal Bank of CanadaReiterated RatingHoldLowView Rating Details
4/18/2017Wells Fargo & CoReiterated RatingHoldHighView Rating Details
4/7/2017Citigroup IncLower Price TargetNeutral$47.00 -> $45.00LowView Rating Details
1/9/2017Barclays PLCReiterated RatingSell$39.00N/AView Rating Details
12/30/2016Langen McalennReiterated RatingBuyN/AView Rating Details
12/16/2016JPMorgan Chase & Co.UpgradeUnderweight -> NeutralN/AView Rating Details
12/12/2016BMO Capital MarketsUpgradeUnderperform -> Market Perform$37.00 -> $46.00N/AView Rating Details
10/24/2016Deutsche Bank AGDowngradeBuy -> Hold$40.00N/AView Rating Details
7/20/2016Compass PointBoost Price TargetNeutral$34.00 -> $37.00N/AView Rating Details
4/20/2016Morgan StanleyReiterated RatingSell$30.00N/AView Rating Details
3/21/2016William BlairUpgradeUnderperform -> Market PerformN/AView Rating Details
1/12/2016Keefe, Bruyette & WoodsReiterated RatingHoldN/AView Rating Details
1/8/2016Piper Jaffray CompaniesReiterated RatingOverweight$37.00 -> $36.00N/AView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for Brown & Brown (NYSE:BRO)
Earnings by Quarter for Brown & Brown (NYSE:BRO)
Earnings History by Quarter for Brown & Brown (NYSE:BRO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/17/2017Q1 2017$0.42$0.43$443.76 million$465.10 millionViewN/AView Earnings Details
1/23/2017Q4 2016$0.41$0.42$431.30 million$433.60 millionViewListenView Earnings Details
10/20/2016Q316$0.49$0.52$455.56 million$462.30 millionViewListenView Earnings Details
7/18/2016Q216$0.44$0.49$439.70 million$446.50 millionViewListenView Earnings Details
4/18/2016Q116$0.42$0.44$425.86 million$424.20 millionViewListenView Earnings Details
1/25/2016Q415$0.36$0.38$402.82 million$404.70 millionViewListenView Earnings Details
10/19/2015Q3$0.47$0.47$437.10 million$432.20 millionViewListenView Earnings Details
7/20/2015Q215$0.44$0.43$426.42 million$419.40 millionViewListenView Earnings Details
4/20/2015Q115$0.40$0.40$410.95 million$404.30 millionViewListenView Earnings Details
1/26/2015Q414$0.13$0.18$392.45 million$393.10 millionViewListenView Earnings Details
10/20/2014Q3$0.47$0.47$425.40 million$421.30 millionViewListenView Earnings Details
7/21/2014Q214$0.41$0.42$384.95 million$397.80 millionViewListenView Earnings Details
2/4/2014Q413$0.35$0.32$348.20 million$343.17 millionViewListenView Earnings Details
10/15/2013Q313$0.40$0.39$348.85 million$359.31 millionViewListenView Earnings Details
7/15/2013Q2 2013$0.35$0.36$318.70 million$325.79 millionViewListenView Earnings Details
4/15/2013Q1 2013$0.39$0.41$337.02 million$335.00 millionViewListenView Earnings Details
2/1/2013Q4 2012$0.26$0.29$286.45 million$302.83 millionViewListenView Earnings Details
10/15/2012$0.35$0.34ViewN/AView Earnings Details
7/16/2012$0.31$0.26ViewN/AView Earnings Details
4/16/2012$0.33$0.34ViewN/AView Earnings Details
2/3/2012$0.22$0.25ViewN/AView Earnings Details
10/17/2011$0.30$0.31ViewN/AView Earnings Details
7/18/2011$0.30$0.26ViewN/AView Earnings Details
4/18/2011$0.33$0.32ViewN/AView Earnings Details
2/7/2011$0.21$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Brown & Brown (NYSE:BRO)
2017 EPS Consensus Estimate: $1.88
2018 EPS Consensus Estimate: $2.01
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.40$0.50$0.44
Q2 20174$0.46$0.50$0.48
Q3 20174$0.51$0.57$0.53
Q4 20173$0.42$0.43$0.42
Q1 20183$0.44$0.45$0.45
Q2 20183$0.49$0.54$0.52
Q3 20183$0.55$0.58$0.57
Q4 20183$0.44$0.49$0.47
(Data provided by Zacks Investment Research)


Current Dividend Information for Brown & Brown (NYSE:BRO)
Most Recent Dividend:5/17/2017
Annual Dividend:$0.54
Dividend Yield:1.27%
Dividend Growth:10.70% (3 Year Average)
Payout Ratio:29.67% (Trailing 12 Months of Earnings)
29.19% (Based on This Year's Estimates)
26.60% (Based on Next Year's Estimates)
Track Record:16 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Brown & Brown (NYSE:BRO)

Dividend History by Quarter for Brown & Brown (NYSE:BRO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Brown & Brown (NYSE:BRO)
Insider Ownership Percentage: 17.49%
Institutional Ownership Percentage: 72.27%
Insider Trades by Quarter for Brown & Brown (NYSE:BRO)
Institutional Ownership by Quarter for Brown & Brown (NYSE:BRO)
Insider Trades by Quarter for Brown & Brown (NYSE:BRO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/21/2017Anthony T. StrianeseEVPSell24,562$42.24$1,037,498.88View SEC Filing  
12/1/2016Jerome Scott PennyEVPSell10,000$43.56$435,600.00View SEC Filing  
11/23/2016Richard FreebournEVPSell25,000$42.90$1,072,500.00View SEC Filing  
9/20/2016Robert W. LloydEVPSell2,971$37.32$110,877.72View SEC Filing  
6/30/2016Anthony T. StrianeseEVPSell1,444$37.02$53,456.88View SEC Filing  
6/24/2016Richard FreebournEVPSell27,569$35.69$983,937.61View SEC Filing  
5/25/2016Anthony T StrianeseEVPSell2,700$35.64$96,228.00View SEC Filing  
3/29/2016Jerome Scott PennyEVPSell15,000$35.41$531,150.00View SEC Filing  
3/23/2016Anthony T StrianeseEVPSell5,765$35.25$203,216.25View SEC Filing  
6/18/2015Anthony T StrianeseInsiderSell3,985$33.59$133,856.15View SEC Filing  
6/17/2015Jerome Scott PennyInsiderSell15,000$33.39$500,850.00View SEC Filing  
9/8/2014Kenneth R MastersSVPSell21,884$32.74$716,482.16View SEC Filing  
6/24/2014Kenneth R MastersSVPSell21,883$30.50$667,431.50View SEC Filing  
9/4/2013H Palmer Proctor, Jr.DirectorBuy1,000$30.75$30,750.00View SEC Filing  
10/25/2012H Palmer Proctor JrDirectorBuy2,500$25.20$63,000.00View SEC Filing  
9/13/2012Anthony T StrianeseInsiderSell2,500$26.62$66,550.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Brown & Brown (NYSE:BRO)
Latest Headlines for Brown & Brown (NYSE:BRO)
DateHeadline logoNordstrom, Inc. Reelects 11 Directors, Adds TaskRabbit CEO Stacy Brown-Philpot To Board - May 22 at 3:58 PM logoNordstrom, Inc. Reelects 11 Directors, Adds TaskRabbit CEO Stacy Brown-Philpot ... - May 22 at 12:50 PM logoBrown & Brown, Inc. (BRO) Expected to Post FY2017 Earnings of $1.84 Per Share - May 22 at 7:22 AM logoSunTrust Banks, Inc. Reaffirms Hold Rating for Brown & Brown, Inc. (BRO) - May 19 at 12:22 PM logoBrown & Brown, Inc. (BRO) Forecasted to Post Q2 2017 Earnings of $0.47 Per Share - May 19 at 7:28 AM logoDaymond John, Arianna Huffington & Bobbi Brown to Keynote at CNBC and Inc. Magazine’s iCONIC Tour New York - May 18 at 11:33 AM logo Brokerages Expect Brown & Brown, Inc. (BRO) Will Post Quarterly Sales of $465.07 Million - May 12 at 4:52 PM logoBrown & Brown, Inc. breached its 50 day moving average in a Bearish Manner : BRO-US : May 10, 2017 - May 10 at 4:15 PM logo$0.48 EPS Expected for Brown & Brown, Inc. (BRO) This Quarter - May 10 at 8:06 AM logoBrown & Brown, Inc. (BRO) Receives Consensus Rating of "Hold" from Analysts - May 9 at 10:30 AM logoRoyal Bank of Canada Reiterates "Hold" Rating for Brown & Brown, Inc. (BRO) - May 8 at 1:34 PM logoChris Brown Documentary ‘Welcome to My Life,’ Featuring an Exclusive Q&A, Comes to Cinemas Nationwide on June 8 Only - May 5 at 9:05 PM logoBrown & Brown, Inc. : BRO-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 4, 2017 - May 4 at 4:08 PM logoBrown & Brown, Inc. Resolves Lawsuit Brought by EEOC - May 3 at 4:05 PM logoAlex. Brown opening new Annapolis office this summer - May 2 at 6:10 PM logoSomewhat Negative Press Coverage Unlikely to Affect Brown & Brown (BRO) Stock Price - May 2 at 5:24 PM logo2017 honoree: The Brown Hotel rooftop garden and events space - April 29 at 4:39 PM logoBrown & Brown (BRO) Given News Sentiment Score of 0.00 - April 29 at 2:02 PM logoChubb (CB) Q1 Earnings Beat Estimates on Solid Underwriting - April 26 at 2:18 PM logoBrown & Brown (BRO) Receiving Somewhat Critical Media Coverage, Report Finds - April 26 at 1:21 PM logoBrown & Brown, Inc. (BRO) EVP Sells $1,037,498.88 in Stock - April 24 at 6:24 PM logoFY2017 EPS Estimates for Brown & Brown, Inc. (BRO) Lifted by Analyst - April 24 at 9:18 AM logoBrown & Brown (BRO) Receives Media Impact Rating of -0.11 - April 23 at 2:31 PM logo Analysts Expect Brown & Brown, Inc. (BRO) Will Post Quarterly Sales of $465.31 Million - April 21 at 4:28 PM logoBrown & Brown, Inc. breached its 50 day moving average in a Bullish Manner : BRO-US : April 21, 2017 - April 21 at 4:09 PM logoThese Central Florida public companies have the most cash on hand - April 21 at 4:09 PM logoFY2017 EPS Estimates for Brown & Brown, Inc. Boosted by Analyst (BRO) - April 21 at 2:29 PM logoBrokers Set Expectations for Brown & Brown, Inc.'s Q2 2017 Earnings (BRO) - April 21 at 10:33 AM logoSomewhat Critical Media Coverage Somewhat Unlikely to Affect Brown & Brown (BRO) Share Price - April 20 at 5:27 PM logoLangen Mcalenn Equities Analysts Raise Earnings Estimates for Brown & Brown, Inc. (BRO) - April 20 at 2:51 PM logoBrown & Brown, Inc. Expected to Earn Q3 2017 Earnings of $0.52 Per Share (BRO) - April 20 at 12:19 PM logoAnalysts Issue Forecasts for Brown & Brown, Inc.'s Q2 2017 Earnings (BRO) - April 20 at 10:55 AM logoEdited Transcript of BRO earnings conference call or presentation 18-Apr-17 12:00pm GMT - April 19 at 1:10 PM logoPost Earnings Coverage as Brown & Brown Reported 9.6% Jump in Sales and 11.4% Gain in EPS - April 19 at 1:10 PM
News IconBRIEF-Brown & Brown reports Q1 earnings per share $0.49 - April 18 at 3:56 PM logoBrown & Brown Insurance's (BRO) CEO Powell Brown on Q1 2017 Results - Earnings Call Transcript - April 18 at 3:56 PM logoBrown & Brown, Inc. Announces Quarterly Revenues of $465.1 Million, an Increase of 9.6%; Earnings Per Share of $0.49, an Increase of 11.4%; and a Quarterly Dividend of $0.1350 Per Share - April 18 at 12:40 PM logoBrown & Brown (BRO) Beats Q1 Earnings & Revenue Estimates - April 18 at 12:40 PM logoBrown & Brown, Inc. (BRO) Posts Quarterly Earnings Results, Hits Estimates - April 17 at 9:05 PM logoBrown & Brown, Inc. declares $0.135 dividend - April 17 at 6:57 PM logoBrown & Brown, Inc. Announces Quarterly Dividend of $0.14 (BRO) - April 17 at 6:22 PM logoBrown & Brown tops Street 1Q forecasts - April 17 at 6:15 PM logoSomewhat Critical News Coverage Unlikely to Impact Brown & Brown (BRO) Stock Price - April 17 at 5:25 PM logoPorte Brown Named as One of the 2017 Best Places to Work in Illinois - April 15 at 10:54 AM logoBrown & Brown, Inc. (BRO) Scheduled to Post Quarterly Earnings on Monday - April 14 at 8:22 PM logoBrown & Brown (BRO) Earning Somewhat Negative Press Coverage, AlphaOne Reports - April 14 at 3:28 PM logoBrown & Brown, Inc. (BRO) Given Average Rating of "Hold" by Brokerages - April 14 at 11:46 AM logoBrown & Brown, Inc. (BRO) Stock Rating Reaffirmed by Citigroup Inc - April 7 at 7:02 PM logoBrown & Brown, Inc. (BRO) Stock Rating Upgraded by Zacks Investment Research - April 4 at 8:05 AM logoBrown & Brown is Now Oversold (BRO) - April 3 at 9:29 PM



Brown & Brown (BRO) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff