NYSE:BRO

Brown & Brown Stock Forecast, Price & News

$56.63
+0.29 (+0.51 %)
(As of 09/21/2021 12:00 AM ET)
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Today's Range
$56.21
$56.98
50-Day Range
$52.67
$58.94
52-Week Range
$42.72
$59.46
Volume1.63 million shs
Average Volume1.33 million shs
Market Capitalization$15.95 billion
P/E Ratio28.32
Dividend Yield0.66%
Beta0.7
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Brown & Brown logo

About Brown & Brown

Brown & Brown, Inc. is an insurance agency, wholesale brokerage, insurance programs 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. The Retail Segment receives fees in lieu of commissions. The National Programs segment acts as a managing general agent and provides professional liability and related package products for certain professionals, a range of insurance products for individuals, flood coverage, and targeted products and services designated for specific industries, trade groups, governmental entities and market niches. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance, primarily through independent agents and brokers, as well as company's retail agents. The Services segment provides insurance-related services, including third-party claims administration and comprehensive medical utilization management services in both the workers' compensation and all-lines liability arenas, as well as medicare Set-aside services, social securi

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MarketRank

Overall MarketRank

2.64 out of 5 stars

Finance Sector

167th out of 1,332 stocks

Insurance Agents, Brokers, & Service Industry

7th out of 23 stocks

Analyst Opinion: 1.2Community Rank: 3.9Dividend Strength: 3.3Insider Behavior: 4.2Valuation: 0.6 5 -4 -3 -2 -1 -
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Brown & Brown (NYSE:BRO) Frequently Asked Questions

Is Brown & Brown a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Brown & Brown stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRO, but not buy additional shares or sell existing shares.
View analyst ratings for Brown & Brown
or view top-rated stocks.

What stocks does MarketBeat like better than Brown & Brown?

Wall Street analysts have given Brown & Brown a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Brown & Brown wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Brown & Brown's next earnings date?

Brown & Brown is scheduled to release its next quarterly earnings announcement on Monday, October 25th 2021.
View our earnings forecast for Brown & Brown
.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) issued its earnings results on Sunday, July, 25th. The financial services provider reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.09. The financial services provider had revenue of $727.30 million for the quarter, compared to analyst estimates of $687.84 million. Brown & Brown had a net margin of 19.95% and a trailing twelve-month return on equity of 15.19%.
View Brown & Brown's earnings history
.

How has Brown & Brown's stock price been impacted by Coronavirus (COVID-19)?

Brown & Brown's stock was trading at $41.60 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BRO stock has increased by 36.1% and is now trading at $56.63.
View which stocks have been most impacted by COVID-19
.

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

Brown & Brown announced a quarterly dividend on Friday, July 23rd. Stockholders of record on Wednesday, August 11th will be given a dividend of $0.0925 per share on Wednesday, August 18th. This represents a $0.37 annualized dividend and a yield of 0.65%. The ex-dividend date of this dividend is Tuesday, August 10th.
View Brown & Brown's dividend history
.

Is Brown & Brown a good dividend stock?

Brown & Brown pays an annual dividend of $0.37 per share and currently has a dividend yield of 0.66%. Brown & Brown has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Brown & Brown is 22.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Brown & Brown will have a dividend payout ratio of 16.89% next year. This indicates that Brown & Brown will be able to sustain or increase its dividend.
View Brown & Brown's dividend history.

When did Brown & Brown's stock split? How did Brown & Brown's stock split work?

Shares of Brown & Brown split on the morning of Thursday, March 29th 2018. The 2-1 split was announced on Monday, February 26th 2018. The newly created shares were payable to shareholders after the closing bell on Wednesday, March 28th 2018. An investor that had 100 shares of Brown & Brown stock prior to the split would have 200 shares after the split.

What price target have analysts set for BRO?

8 brokerages have issued 12 month price targets for Brown & Brown's shares. Their forecasts range from $50.00 to $61.00. On average, they anticipate Brown & Brown's share price to reach $55.38 in the next year. This suggests that the stock has a possible downside of 2.2%.
View analysts' price targets for Brown & Brown
or view top-rated stocks among Wall Street analysts.

Who are Brown & Brown's key executives?

Brown & Brown's management team includes the following people:
  • J. Powell Brown, President, Chief Executive Officer & Director
  • Richard A. Freebourn, Senior Vice President-Internal Operations
  • R. Andrew Watts, Chief Financial Officer, Treasurer & Executive VP
  • Gray Nester, Chief Information Officer
  • Jerome Scott Penny, Chief Acquisitions Officer & Executive VP

What is J. Powell Brown's approval rating as Brown & Brown's CEO?

232 employees have rated Brown & Brown CEO J. Powell Brown on Glassdoor.com. J. Powell Brown has an approval rating of 88% among Brown & Brown's employees.

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

What other stocks do shareholders of Brown & Brown own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Brown & Brown investors own include Intel (INTC), NVIDIA (NVDA), Alibaba Group (BABA), QUALCOMM (QCOM), AbbVie (ABBV), Advanced Micro Devices (AMD), Micron Technology (MU), AT&T (T), Bank of America (BAC) and JD.com (JD).

What is Brown & Brown's stock symbol?

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

Who are Brown & Brown's major shareholders?

Brown & Brown's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.27%), Vanguard Group Inc. (8.85%), State Street Corp (3.50%), Wells Fargo & Company MN (3.47%), Principal Financial Group Inc. (3.10%) and Atlanta Capital Management Co. L L C (2.46%). Company insiders that own Brown & Brown stock include Chris L Walker, H Palmer Proctor Jr, Hyatt J Brown, James Charles Hays, Jerome Scott Penny, Robert W Lloyd and Stephen M Boyd.
View institutional ownership trends for Brown & Brown
.

Which major investors are selling Brown & Brown stock?

BRO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Virginia Retirement Systems ET AL, Millennium Management LLC, Wells Fargo & Company MN, New York State Common Retirement Fund, MUFG Securities EMEA plc, Federated Hermes Inc., and Swiss National Bank. Company insiders that have sold Brown & Brown company stock in the last year include Hyatt J Brown, Robert W Lloyd, and Stephen M Boyd.
View insider buying and selling activity for Brown & Brown
or view top insider-selling stocks.

Which major investors are buying Brown & Brown stock?

BRO stock was acquired by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Balyasny Asset Management LLC, Vaughan Nelson Investment Management L.P., State Street Corp, Schonfeld Strategic Advisors LLC, Natixis, Vanguard Group Inc., and Amundi. Company insiders that have bought Brown & Brown stock in the last two years include H Palmer Proctor Jr, and James Charles Hays.
View insider buying and selling activity for Brown & Brown
or or view top insider-buying stocks.

How do I buy shares of Brown & Brown?

Shares of BRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Brown & Brown's stock price today?

One share of BRO stock can currently be purchased for approximately $56.63.

How much money does Brown & Brown make?

Brown & Brown has a market capitalization of $15.95 billion and generates $2.61 billion in revenue each year. The financial services provider earns $480.48 million in net income (profit) each year or $1.67 on an earnings per share basis.

How many employees does Brown & Brown have?

Brown & Brown employs 5,764 workers across the globe.

When was Brown & Brown founded?

Brown & Brown was founded in 1939.

What is Brown & Brown's official website?

The official website for Brown & Brown is www.bbinsurance.com.

Where are Brown & Brown's headquarters?

Brown & Brown is headquartered at 220 South Ridgewood Avenue, Daytona Beach FL, 32114.

How can I contact Brown & Brown?

Brown & Brown's mailing address is 220 South Ridgewood Avenue, Daytona Beach FL, 32114. The financial services provider can be reached via phone at (386) 252-9601.


This page was last updated on 9/22/2021 by MarketBeat.com Staff
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