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: $37.11
  • 50 Day Moving Average: $37.50
  • 200 Day Moving Average: $36.42
  • 52-Week Range: $138,616,000.00 - $28.41
  • Trailing P/E Ratio: 20.68
  • Foreward P/E Ratio: 19.59
  • P/E Growth: 2.33
  • Market Cap: $5.21B
  • Outstanding Shares: 138,616,000
  • Beta: 0.93
  • Net Margins: 14.84%
  • Return on Equity: 11.97%
  • Return on Assets: 5.19%
  • Debt-to-Equity Ratio: 0.46%
  • Current Ratio: 0.88%
  • Quick Ratio: 0.88%
Additional Links:
Companies Related to Brown & Brown:

Analyst Ratings

Consensus Ratings for Brown & Brown (NYSE:BRO) (?)
Ratings Breakdown: 3 Sell Ratings, 8 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.92)
Consensus Price Target: $35.36 (6.00% downside)

Analysts' Ratings History for Brown & Brown (NYSE:BRO)
DateFirmActionRatingPrice TargetDetails
10/11/2016Citigroup Inc.Boost Price TargetNeutral$38.00 -> $41.00View Rating Details
9/30/2016Barclays PLCBoost Price TargetUnderweight$31.00 -> $33.00View Rating Details
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
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
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 10/23/2014 forward)


Earnings History for Brown & Brown (NYSE:BRO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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$0.36$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$0.40$0.40
Q1 20174$0.44$0.50$0.46
Q2 20174$0.48$0.51$0.50
Q3 20174$0.51$0.57$0.54
Q4 20173$0.43$0.45$0.44
(Data provided by Zacks Investment Research)


Current Dividend Information for Brown & Brown (NYSE:BRO)
Annual Dividend:$0.49
Dividend Yield:1.30%
Dividend Growth:-1.50% (3 Year Average)
Payout Ratio:26.92% (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)
Track Record:15 Years of Consecutive Dividend Growth

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)
Insider Ownership Percentage: 17.49%
Institutional Ownership Percentage: 72.78%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Brown & Brown (NYSE:BRO)
News IconOne game? NFL kicker Josh Brown's ban draws renewed rage (NYSE:BRO) - October 22 at 8:15 AM logoEdited Transcript of BRO earnings conference call or presentation 21-Oct-16 12:00pm GMT (NYSE:BRO) - October 22 at 8:15 AM logoBrown & Brown's (BRO) CEO Powell Brown on Q3 2016 Results - Earnings Call Transcript (NYSE:BRO) - October 21 at 3:58 PM logoBROWN & BROWN INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibit (NYSE:BRO) - October 21 at 12:15 PM logoBrown & Brown Inc Earnings Call scheduled for 8:00 am ET today (NYSE:BRO) - October 21 at 12:15 PM logoBrown & Brown, Inc. breached its 50 day moving average in a Bearish Manner : BRO-US : October 21, 2016 (NYSE:BRO) - October 21 at 12:15 PM
News IconSnoopy, Peanuts Gang Cut Loose By Metlife As It Rebrands (NYSE:BRO) - October 20 at 8:51 PM logoBRIEF-Brown & Brown Q3 earnings per share $0.50 (NYSE:BRO) - October 20 at 8:51 PM logoBrown & Brown beats Street 3Q forecasts (NYSE:BRO) - October 20 at 8:51 PM logoBrown & Brown, Inc. Announces Quarterly Revenues of $462.3 Million, an Increase of 7.0%; and Earnings per Share of $0.50, an Increase of 6.4% (NYSE:BRO) - October 20 at 8:51 PM
News IconBrown, Samuel L. (NYSE:BRO) - October 20 at 3:28 PM logoBusiness advice from some of America's fastest-growing companies (NYSE:BRO) - October 20 at 3:28 PM
News IconSnoopy, Peanuts Gang, Cut Loose By MetLife As It Retools Biz (NYSE:BRO) - October 20 at 3:28 PM
News IconAnnouncement Converters, Inc. Introduces 130# Cover Brown Bag Kraft (NYSE:BRO) - October 20 at 3:28 PM logoQ3 2016 Brown & Brown Inc Earnings Release - After Market Close (NYSE:BRO) - October 20 at 8:46 AM
News IconDavid Brown, Analog Devices, Inc. (NYSE:BRO) - October 19 at 3:49 PM
News Icon‘It’s the Great Pumpkin, Charlie Brown’ airs tonight on News 2 (NYSE:BRO) - October 19 at 3:49 PM logo5 Ways For CEOs to Get the Most Out of Their Boards (NYSE:BRO) - October 19 at 3:49 PM logo'Peanuts' Corn Mazes Crop Up for 50th Anniversary of 'It's the Great Pumpkin, Charlie Brown' (NYSE:BRO) - October 19 at 3:49 PM
News IconBrown surveys build progress (NYSE:BRO) - October 19 at 3:49 PM logoBrown & Brown : Supreme Court Brown's topic Oct. 18 (NYSE:BRO) - October 18 at 3:54 PM logoIt's The 50th Anniversary of The Great Pumpkin, Charlie Brown (NYSE:BRO) - October 18 at 3:54 PM
News Icon2016 Golden Chain winner: Paul Brown (NYSE:BRO) - October 18 at 8:49 AM
News IconBrown County Sheriff's deputy injured in crash (NYSE:BRO) - October 17 at 3:54 PM
News IconAlex. Brown Realty Announces Redevelopment Project in Chicago's South Loop (NYSE:BRO) - October 17 at 3:54 PM
News IconButternut Squash Pasta with Ricotta & Sage Brown Butter (NYSE:BRO) - October 17 at 3:54 PM
News IconRichard A. Brown (NYSE:BRO) - October 16 at 3:52 PM
News IconJEAN BROWN (NYSE:BRO) - October 16 at 8:42 AM
News IconBrown County Officials Need Help Finding Man on the Run (NYSE:BRO) - October 16 at 8:42 AM
News IconUpdate on Brown & Brown Inc. (NYSE:BRO) for the day (NYSE:BRO) - October 15 at 8:48 AM
News IconAlum sues Brown over sexual assault case (NYSE:BRO) - October 14 at 12:25 PM
News IconRookie Anthony Brown has caught onto slot corner quickly (NYSE:BRO) - October 14 at 12:25 PM logoBrown & Brown Has Returned 18.9% Since SmarTrend Recommendation (BRO) (NYSE:BRO) - October 14 at 12:25 PM
News IconThe 1 Reason Leaders Fail That Has Nothing to Do With 'Leadership' (NYSE:BRO) - October 14 at 12:25 PM logoAfter Obama Administration stint, Chandra Brown joins Portland clean product champions (NYSE:BRO) - October 13 at 9:13 PM
News IconHow Does LP&L Read Meters? (NYSE:BRO) - October 13 at 9:13 PM
News IconWW’s Fall 2016 Endorsements: State of Oregon (NYSE:BRO) - October 13 at 3:52 PM
News IconBond Reduction Denied for Brown Co. Murder Suspect (NYSE:BRO) - October 13 at 3:52 PM logoCaladrius Biosciences : Appoints Gregory R. Brown, MD, to its Board of Directors (NYSE:BRO) - October 13 at 10:42 AM
News IconBrown & Brown Inc said late Wednesday its board raised the insurance intermediary's quarterly dividend by 10% (NYSE:BRO) - October 13 at 10:42 AM
News IconCaladrius appoints Gregory R. Brown to its board (NYSE:BRO) - October 13 at 10:42 AM logoBrown & Brown, Inc. Announces 10.2% Increase in Quarterly Cash Dividend Rate (NYSE:BRO) - October 13 at 10:42 AM logoBrown & Brown hikes dividend by 10% (NYSE:BRO) - October 13 at 10:42 AM logoBrown & Brown Rewards Investors with Raised Dividend (NYSE:BRO) - October 13 at 10:42 AM logoBrown & Brown Insurance declares $0.135 dividend (NYSE:BRO) - October 13 at 10:04 AM logoBRIEF-Caladrius biosciences appoints Gregory R. Brown, MD, to its board of directors (NYSE:BRO) - October 12 at 8:24 AM
News IconCold brew coffee from Califia Farms expands organic dining options (NYSE:BRO) - October 12 at 8:24 AM
News IconRobert L. Brown (NYSE:BRO) - October 12 at 8:24 AM
News IconCaladrius Biosciences Appoints Gregory R. Brown, MD, to its Board of Directors (NYSE:BRO) - October 12 at 8:24 AM logoBrown & Brown, Inc. Reschedules 2016 Third-Quarter Earnings Release and Conference Call Due to Severe Weather Conditions (NYSE:BRO) - October 11 at 4:02 PM


Brown & Brown (NYSE:BRO) Chart for Sunday, October, 23, 2016

Last Updated on 10/23/2016 by Staff