NYSE:BRO - Brown & Brown Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$29.82 -0.01 (-0.03 %)
(As of 08/20/2018 02:41 AM ET)
Previous Close$29.82
Today's Range$29.74 - $29.88
52-Week Range$21.62 - $30.04
Volume661,166 shs
Average Volume1.13 million shs
Market Capitalization$8.28 billion
P/E Ratio31.06
Dividend Yield1.01%
Beta0.72
Brown & Brown logoBrown & Brown, Inc. markets and sells insurance products in the United States, England, Canada, Bermuda, and the Cayman Islands. Its Retail segment offers property insurance relating to physical damage to property and resultant interruption of business, or extra expense caused by fire, windstorm, or other perils; casualty insurance relating to legal liabilities, professional liability, cyber-liability, workers' compensation, and commercial and private passenger automobile coverages; fidelity and surety bonds; and life, accident, disability, health, hospitalization, medical, dental, and other ancillary insurance products, as well as risk management, loss control surveys and analysis, consultation, and claims processing services. Its National Programs segment offers professional liability and related package insurance products for dentists, oral surgeons, hygienists, lawyers, certified public accountants, optometrists, opticians, ophthalmologists, insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate brokers and title agents, and escrow agents, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also offers outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, and flood insurance products. Its Wholesale Brokerage segment markets and sells excess and surplus commercial insurance products to retail insurance agencies. Its Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.

Receive BRO News and Ratings via Email

Sign-up to receive the latest news and ratings for BRO and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Insurance agents, brokers, & service
Sub-IndustryInsurance Brokers
SectorFinance
SymbolNYSE:BRO
CUSIP11523610
Phone386-252-9601

Debt

Debt-to-Equity Ratio0.30
Current Ratio0.98
Quick Ratio0.98

Price-To-Earnings

Trailing P/E Ratio31.06
Forward P/E Ratio24.44
P/E Growth2.43

Sales & Book Value

Annual Sales$1.88 billion
Price / Sales4.43
Cash Flow$1.4059 per share
Price / Cash21.21
Book Value$9.35 per share
Price / Book3.19

Profitability

EPS (Most Recent Fiscal Year)$0.96
Net Income$399.63 million
Net Margins22.25%
Return on Equity11.75%
Return on Assets5.12%

Miscellaneous

Employees1,990
Outstanding Shares279,270,000
Market Cap$8.28 billion

Brown & Brown (NYSE:BRO) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, July 12th. Shareholders of record on Wednesday, August 8th will be paid a dividend of $0.075 per share on Wednesday, August 15th. This represents a $0.30 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date is Tuesday, August 7th. View Brown & Brown's Dividend History.

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

Brown & Brown's stock split on the morning of Thursday, March 29th 2018. The 2-1 split was announced on Monday, February 26th 2018. The newly minted shares were distributed to shareholders after the market closes 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.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) issued its earnings results on Monday, July, 23rd. The financial services provider reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.02. The financial services provider had revenue of $473.10 million for the quarter, compared to analysts' expectations of $472.74 million. Brown & Brown had a return on equity of 11.75% and a net margin of 22.25%. The company's revenue was up 1.5% compared to the same quarter last year. During the same period last year, the firm posted $0.25 EPS. View Brown & Brown's Earnings History.

When is Brown & Brown's next earnings date?

Brown & Brown is scheduled to release their next quarterly earnings announcement on Monday, October, 15th 2018. View Earnings Estimates for Brown & Brown.

What price target have analysts set for BRO?

12 analysts have issued twelve-month target prices for Brown & Brown's shares. Their predictions range from $22.50 to $33.00. On average, they expect Brown & Brown's share price to reach $27.8636 in the next year. This suggests that the stock has a possible downside of 6.6%. View Analyst Price Targets for Brown & Brown.

What is the consensus analysts' recommendation for Brown & Brown?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 3 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brown & Brown.

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

Who are Brown & Brown's key executives?

Brown & Brown's management team includes the folowing people:
  • Mr. J. Powell Brown, CEO, Pres & Director (Age 50)
  • Mr. R. Andrew Watts, Exec. VP, CFO & Treasurer (Age 49)
  • Mr. J. Scott Penny CIC, Exec. VP & Chief Acquisitions Officer (Age 51)
  • Mr. Anthony T. Strianese, Exec. VP & Pres of Wholesale Brokerage Division (Age 56)
  • Mr. Chris L. Walker, Exec. VP & Pres of National Programs Division (Age 60)

Has Brown & Brown been receiving favorable news coverage?

Headlines about BRO stock have trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Brown & Brown earned a media and rumor sentiment score of 0.20 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 48.11 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Brown & Brown.

Who are Brown & Brown's major shareholders?

Brown & Brown's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.33%), Wells Fargo & Company MN (4.34%), Victory Capital Management Inc. (2.10%), Select Equity Group L.P. (2.00%), Clarkston Capital Partners LLC (1.86%) and Renaissance Technologies LLC (1.81%). Company insiders that own Brown & Brown stock include Anthony T Strianese, Hyatt J Brown, Jerome Scott Penny, Michael Waldkirch, Richard Freebourn, Richard Silas and Robert W Lloyd. View Institutional Ownership Trends for Brown & Brown.

Which institutional investors are selling Brown & Brown stock?

BRO stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Victory Capital Management Inc., Bank of Montreal Can, Canada Pension Plan Investment Board, Burgundy Asset Management Ltd., Diamond Hill Capital Management Inc., California Public Employees Retirement System and American Century Companies Inc.. Company insiders that have sold Brown & Brown company stock in the last year include Hyatt J Brown, Michael Waldkirch and Richard Silas. View Insider Buying and Selling for Brown & Brown.

Which institutional investors are buying Brown & Brown stock?

BRO stock was bought by a variety of institutional investors in the last quarter, including Select Equity Group L.P., FMR LLC, Citadel Advisors LLC, PGGM Investments, Vaughan Nelson Investment Management L.P., First Quadrant L P CA, Twin Capital Management Inc. and BlackRock Inc.. View Insider Buying and Selling for Brown & Brown.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Brown & Brown's stock price today?

One share of BRO stock can currently be purchased for approximately $29.82.

How big of a company is Brown & Brown?

Brown & Brown has a market capitalization of $8.28 billion and generates $1.88 billion in revenue each year. The financial services provider earns $399.63 million in net income (profit) each year or $0.96 on an earnings per share basis. Brown & Brown employs 1,990 workers across the globe.

How can I contact Brown & Brown?

Brown & Brown's mailing address is 220 S. RIDGEWOOD AVE., DAYTONA BEACH FL, 32114. The financial services provider can be reached via phone at 386-252-9601.


MarketBeat Community Rating for Brown & Brown (NYSE BRO)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  278 (Vote Outperform)
Underperform Votes:  418 (Vote Underperform)
Total Votes:  696
MarketBeat's community ratings are surveys of what our community members think about Brown & Brown and other stocks. Vote "Outperform" if you believe BRO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BRO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel