Brown & Brown Company Profile (NYSE:BRO)

About Brown & Brown

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 customers with non-investment insurance contracts, as well as other targeted, customized risk management products and services. It operates through four segments: the Retail segment; the National Programs segment; the Wholesale Brokerage segment, and the Services segment. The Retail Segment provides a range of insurance products and services to commercial, public and quasi-public entities, and to professional and individual customers. Its National Programs Segment works with over 40 carrier partners, offering approximately 50 programs. Its Wholesale Brokerage segment markets and sells excess and surplus commercial insurance products and services to retail insurance agencies. Services Segment provides a range of insurance-related services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Insurance Brokers
  • Sub-Industry: Insurance Brokers
  • Exchange: NYSE
  • Symbol: BRO
  • CUSIP: 11523610
Key Metrics:
  • Previous Close: $36.75
  • 50 Day Moving Average: $36.720
  • 200 Day Moving Average: $35.264
  • Trailing P/E Ratio: 20.545
  • Foreward P/E Ratio: 19.14
  • P/E Growth: 2.260
  • Market Cap: $5.14B
  • Outstanding Shares: 139,811,000
  • Beta: 1.02
Additional Links:
Companies Related to Brown & Brown:

Analyst Ratings

Consensus Ratings for Brown & Brown (NYSE:BRO) (?)
Ratings Breakdown: 3 Sell Ratings, 9 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.93)
Consensus Price Target: $34.60 (5.85% downside)

Analysts' Ratings History for Brown & Brown (NYSE:BRO)
DateFirmActionRatingPrice TargetDetails
7/20/2016BMO Capital MarketsSet Price TargetHold$38.00View Rating Details
7/20/2016RBC Capital MarketsReiterated RatingSector Perform$35.00 -> $37.00View Rating Details
7/20/2016Royal Bank Of CanadaBoost Price TargetSector Perform$35.00 -> $37.00View Rating Details
7/20/2016Compass PointBoost Price TargetNeutral$34.00 -> $37.00View Rating Details
7/19/2016Barclays PLCBoost Price TargetUnderweight$30.00 -> $31.00View Rating Details
6/28/2016JPMorgan Chase & Co.Initiated CoverageUnderweight$32.00View Rating Details
4/20/2016Morgan StanleyReiterated RatingSell$30.00View Rating Details
4/17/2016Deutsche Bank AGReiterated RatingBuyView Rating Details
3/21/2016William BlairUpgradeUnderperform -> Market PerformView Rating Details
2/16/2016Citigroup Inc.Initiated CoverageNeutralView Rating Details
1/12/2016Keefe, Bruyette & WoodsReiterated RatingHoldView Rating Details
1/8/2016Piper Jaffray Cos.Reiterated RatingOverweight$37.00 -> $36.00View Rating Details
1/7/2016SunTrust Banks Inc.DowngradeBuy -> Neutral$38.00 -> $35.00View Rating Details
10/14/2015Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details
(Data available from 8/24/2014 forward)


Earnings History for Brown & Brown (NYSE:BRO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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$0.36$0.36$392.45 million$393.10 millionViewListenView Earnings Details
10/20/2014Q3$0.47$0.43$425.40 million$421.30 millionViewListenView Earnings Details
7/21/2014Q214$0.42$0.42$384.95 millionViewListenView Earnings Details
4/21/2014Q114$0.42$0.40$371.43 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)
Current Year EPS Consensus Estimate: $1.81 EPS
Next Year EPS Consensus Estimate: $1.92 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.42$0.42$0.42
Q2 20163$0.43$0.44$0.43
Q3 20163$0.48$0.50$0.49
Q4 20163$0.39$0.41$0.40
Q1 20174$0.44$0.50$0.46
Q2 20174$0.47$0.50$0.49
Q3 20175$0.51$0.57$0.54
Q4 20173$0.43$0.47$0.45
(Data provided by Zacks Investment Research)


Current Dividend Information for Brown & Brown (NYSE:BRO)
Annual Dividend:$0.49
Dividend Yield:1.33%
Payout Ratio:27.37% (Based on Trailing 12 Months of Earnings)
27.07% (Based on Current Year Consensus EPS Estimate)
25.52% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-1.50% (3 Year Average)

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

Insider Trades

Insider Trading History for Brown & Brown (NYSE:BRO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Brown & Brown (NYSE:BRO)
DateHeadline logoWill Higher Expenses Limit Brown & Brown's (BRO) Growth? (NYSE:BRO) - August 24 at 12:12 PM logoTime : Laura Brown Named Editor-in-Chief of Time Inc.’s InStyle (NYSE:BRO) - August 22 at 4:02 PM
News IconBrown County Man Arrested for Arson (NYSE:BRO) - August 22 at 4:02 PM logoBRIEF-Laura Brown named editor-in-chief of Time Inc's InStyle (NYSE:BRO) - August 22 at 4:02 PM
News IconLaura Brown joins Time Inc. as editor-in-chief of InStyle (NYSE:BRO) - August 22 at 4:02 PM logoLaura Brown Named Editor-in-Chief of Time Inc.’s InStyle (NYSE:BRO) - August 22 at 4:02 PM
News IconHarper’s Bazaar’s Laura Brown Named InStyle Editor in Chief (NYSE:BRO) - August 22 at 4:02 PM
News IconLaura Brown Is the New Editor-in-Chief of InStyle (NYSE:BRO) - August 22 at 4:02 PM logoBrown & Brown Reaches Analyst Target Price (NYSE:BRO) - August 20 at 4:00 PM
News IconTwo suits filed against law firm Greenberg Traurig relating to Brown Medical Center, surgeon (NYSE:BRO) - August 19 at 12:19 PM
News IconHalf-Indian man escorted out of Trump rally (NYSE:BRO) - August 19 at 12:19 PM
News IconPayscout ranked 434 on 2016 Inc.500 / 5000 (NYSE:BRO) - August 19 at 12:19 PM
News IconBrown laments low Coastie interest in EC (NYSE:BRO) - August 19 at 12:19 PM
News IconInd. Decisions - Court of Appeals issues 2 opinion(s) today (and 2 NFP memorandum decision(s)) (NYSE:BRO) - August 18 at 12:23 PM
News IconMatthew Brown Joines Colliers NJ (NYSE:BRO) - August 17 at 9:25 PM
News IconBishop Chauncey Brown: “Serving is the mortgage we pay for living on Earth” (NYSE:BRO) - August 17 at 9:25 PM
News IconRecords Released in Brown County Murder Case (NYSE:BRO) - August 17 at 9:25 PM
News IconGhost tours offered at historic Brown's Ferry Tavern (NYSE:BRO) - August 17 at 12:07 PM
News IconGrass Fires Possibly "Intentionally Set" in Brown, Coleman County (NYSE:BRO) - August 17 at 12:07 PM logoETF’s with exposure to Brown & Brown, Inc. : August 16, 2016 (NYSE:BRO) - August 16 at 4:02 PM
News IconZac Brown Band Ticket Sweepstakes - Official Rules (NYSE:BRO) - August 15 at 9:37 PM
News IconBrown Butter and Peach Chardonnay Ice Cream Cake (NYSE:BRO) - August 15 at 11:10 AM logoBrown & Brown, Inc. breached its 50 day moving average in a Bearish Manner : BRO-US : August 15, 2016 (NYSE:BRO) - August 15 at 11:10 AM
News IconPenny stock company linked to Scott Brown accused of fraud (NYSE:BRO) - August 14 at 3:53 PM
News IconScott Brown’s former penny stock company charged with fraud (NYSE:BRO) - August 13 at 3:57 PM logoBROWN & BROWN INC Financials (NYSE:BRO) - August 12 at 3:26 PM
News IconLarge Fire Causes Evacuations in Brown County (NYSE:BRO) - August 11 at 9:50 PM
News IconDeutsche Bank Securities Inc. v. Roskos, 15CV534 (NYSE:BRO) - August 11 at 4:04 PM
News IconPainter adds life into old art (NYSE:BRO) - August 10 at 3:25 PM
News IconBrown Note Productions' New Robert Juliat Merlin Followspots Debut with Dead and Company and Pearl Jam (NYSE:BRO) - August 10 at 11:51 AM
News IconKristine Brown (NYSE:BRO) - August 10 at 11:51 AM
News IconCity welcomes Brown Precision (NYSE:BRO) - August 10 at 11:51 AM
News IconFerguson: 2 years after Michael Brown shooting (NYSE:BRO) - August 9 at 8:51 PM
News IconBrown Note Productions' Robert Juliat Merlins Debut On Dead And Company, Pearl Jam (NYSE:BRO) - August 9 at 3:16 PM
News IconBrown County Murder Suspect Deemed "Competent" (NYSE:BRO) - August 9 at 3:16 PM logoMBIA's (MBI) CEO Jay Brown on Q2 2016 Results - Earnings Call Transcript (NYSE:BRO) - August 9 at 3:16 PM logoAlex. Brown Realty and Graymark Capital JV Acquires Sunnyvale, California R&D/Office Building (NYSE:BRO) - August 9 at 3:16 PM
News Icon2nd Anniversary of Fatal Officer-Involved Shooting in Ferguson (NYSE:BRO) - August 9 at 3:16 PM logoFastenal Company (FAST) Ownership Decreased by Brown Advisory Inc (NYSE:BRO) - August 9 at 3:16 PM
News IconFlint's Mackenzie Brown eliminated in Olympic archery competition (NYSE:BRO) - August 8 at 4:00 PM
News IconBrown Precision Plans $7 Million Manufacturing Facility In Atmore, Alabama (NYSE:BRO) - August 8 at 4:00 PM logoBrown Golf Management Rated in Top 25 by Golf Inc. for Second Year (NYSE:BRO) - August 8 at 4:00 PM
News IconBROWN FORWARD INC (NYSE:BRO) - August 8 at 8:47 AM
News Icon3 soldiers team up to provide homes for homeless vets (NYSE:BRO) - August 7 at 3:55 PM
News IconCassie MacDuff: How can San Bernardino's iconic arrowhead be saved? (NYSE:BRO) - August 7 at 3:55 PM
News IconEast Texan Mackenzie Brown earns top 20 seed during Olympics qualification round (NYSE:BRO) - August 5 at 9:19 PM
News IconHuntsville Company brings 100 jobs to Atmore, Ala (NYSE:BRO) - August 4 at 4:05 PM
News IconNew Plant, 100 High Tech Jobs Coming To Atmore (NYSE:BRO) - August 4 at 4:05 PM
News Icon100 new jobs for Atmore when Brown Precision opens facility (NYSE:BRO) - August 4 at 4:05 PM
News IconHigh-tech Huntsville company announces South Alabama expansion (NYSE:BRO) - August 4 at 12:35 PM


Brown & Brown (NYSE:BRO) Chart for Wednesday, August, 24, 2016

Last Updated on 8/24/2016 by Staff