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: $37.87
  • 50 Day Moving Average: $37.09
  • 200 Day Moving Average: $36.05
  • 52-Week Range: $139,811,000.00 - $28.41
  • Trailing P/E Ratio: 20.94
  • Foreward P/E Ratio: 19.53
  • P/E Growth: 2.32
  • Market Cap: $5.24B
  • Outstanding Shares: 139,811,000
  • Beta: 1.04
Profitability:
  • Net Margins: 14.87%
  • Return on Equity: 11.68%
  • Return on Assets: 5.08%
Debt:
  • 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, 9 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.93)
Consensus Price Target: $34.60 (7.71% downside)

Analysts' Ratings History for Brown & Brown (NYSE:BRO)
Show:
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 9/26/2014 forward)

Earnings

Earnings History for Brown & Brown (NYSE:BRO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/17/2016        
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)

Estimates

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)

Dividends

Current Dividend Information for Brown & Brown (NYSE:BRO)
Annual Dividend:$0.49
Dividend Yield:1.31%
Dividend Growth:-1.50% (3 Year Average)
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)
Track Record:15 Years of Consecutive Dividend Growth

Dividend History for Brown & Brown (NYSE:BRO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/14/2016quarterly$0.128/5/20168/9/20168/17/2016
4/18/2016quarterly$0.125/5/20165/9/20165/18/2016
1/20/2016quarterly$0.122/1/20162/3/20162/17/2016
10/19/2015quarterly$0.1211/2/201511/4/201511/12/2015
7/20/2015quarterly$0.118/5/20158/7/20158/12/2015
4/20/2015quarterly$0.111.36%4/30/20155/4/20155/13/2015
1/21/2015quarterly$0.111.37%2/2/20152/4/20152/18/2015
10/20/2014quarterly$0.111.39%10/29/201410/31/201411/12/2014
7/18/2014quarterly$0.101.32%8/6/20148/8/20148/13/2014
4/24/2014quarterly$0.101.35%5/2/20145/6/20145/14/2014
1/22/2014quarterly$0.101.24%2/3/20142/5/20142/19/2014
10/16/2013quarterly$0.101.22%10/28/201310/30/201311/13/2013
7/17/2013quarterly$0.091.07%8/5/20138/7/20138/14/2013
4/19/2013quarterly$0.091.18%4/29/20135/1/20135/15/2013
1/16/2013quarterly$0.091.34%1/28/20131/30/20132/13/2013
(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: 72.81%
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)

Headlines

Latest Headlines for Brown & Brown (NYSE:BRO)
DateHeadline
News IconJazz singer Brown who has sung in capitals around the world will add Topeka to the list (NYSE:BRO)
cjonline.com - September 24 at 3:51 PM
News IconFull transcript: TaskRabbit CEO Stacy Brown-Philpot on Recode Decode (NYSE:BRO)
www.recode.net - September 23 at 9:02 AM
finance.yahoo.com logoKeith Jackson and Shannon Brown named to Savoy Magazine's Power 300 2016 Most Influential Black Corporate Directors (NYSE:BRO)
finance.yahoo.com - September 23 at 9:02 AM
News IconInStyle to Honor Tom Ford, Nicole Kidman, Shailene Woodley at InStyle Awards (NYSE:BRO)
wwd.com - September 23 at 9:02 AM
News IconBrown Toy Box Set to Disrupt Toy Industry for African Americans (NYSE:BRO)
www.eurweb.com - September 22 at 4:05 PM
fidaily.com logoBrown & Brown, Inc. Common Stoc (NYSE:BRO) Trading Up – Insiders Are Selling (NYSE:BRO)
www.fidaily.com - September 22 at 4:05 PM
News IconMerger dance between Interactive Intelligence, suitor started in 2012 (NYSE:BRO)
www.ibj.com - September 21 at 3:24 PM
News IconChristopher M. Brown (NYSE:BRO)
lockhaven.com - September 21 at 8:30 AM
News IconJudge says neighbors can't intervene in Croell lawsuit (NYSE:BRO)
rapidcityjournal.com - September 20 at 9:51 AM
reuters.com logoBrown's late kick helps Giants edge Saints (NYSE:BRO)
www.reuters.com - September 19 at 4:49 PM
tmcnet.com logoAlex. Brown Realty JV Acquires Student Housing Project in Bloomington, Indiana (NYSE:BRO)
www.tmcnet.com - September 19 at 4:49 PM
News IconTories gain in popularity over Liberals in Ontario: Poll (NYSE:BRO)
trueviralnews.com - September 18 at 3:51 PM
News IconBobby Brown Posts Tribute to Bobbi Kristina After Civil Suit Verdict (UPDATE) (NYSE:BRO)
8gossip.com - September 18 at 3:51 PM
News IconUPDATE: Brown County Teen Who Confessed to Killing Parents Identified, Name and Photo Released (NYSE:BRO)
www.bigcountryhomepage.com - September 18 at 8:43 AM
News IconNM State Wins Brown Invitational with Sweep of Bears (NYSE:BRO)
www.elpasoproud.com - September 18 at 8:43 AM
News IconAsbury Place's Brown earns statewide honor (NYSE:BRO)
www.johnsoncitypress.com - September 18 at 8:43 AM
News IconControversy clouds Senate race (NYSE:BRO)
www.americanpress.com - September 18 at 8:43 AM
News IconHoward William Brown of Grandy, Aug. 27 (NYSE:BRO)
outerbanksvoice.com - September 17 at 3:54 PM
News Icon17-Year-Old Confesses to Killing Parents in Brown County (NYSE:BRO)
www.bigcountryhomepage.com - September 17 at 3:54 PM
reuters.com logoOprah Winfrey beats 'Own Your Power' trademark appeal (NYSE:BRO)
www.reuters.com - September 16 at 3:53 PM
News IconNick Gordon loses Bobbi Kristina Brown wrongful death lawsuit (NYSE:BRO)
www.yourerie.com - September 16 at 3:53 PM
News IconJerry Brown signs balcony collapse bill to increase oversight (NYSE:BRO)
www.sfgate.com - September 15 at 8:57 PM
News IconGlobal Medical REIT Inc. Provides Acquisition Update (NYSE:BRO)
www.digitaljournal.com - September 15 at 3:50 PM
streetinsider.com logoBrown & Brown (BRO) Acquires Kronholm Insurance Services (NYSE:BRO)
www.streetinsider.com - September 15 at 3:50 PM
4-traders.com logoBrown & Brown : Announces the Asset Acquisition of Kronholm Insurance Services (NYSE:BRO)
www.4-traders.com - September 14 at 9:09 PM
News IconMaryland Sunrise Farm to celebrate Charlie Brown in their corn maze (NYSE:BRO)
www.eyeonannapolis.net - September 14 at 9:09 PM
News IconPeople In Business: Joe Leahy of Leahy and Brown Insurance + Realty, Inc (NYSE:BRO)
www.masslive.com - September 14 at 9:09 PM
reuters.com logoBRIEF-Brown & Brown reports the asset acquisition of Kronholm Insurance Services (NYSE:BRO)
www.reuters.com - September 14 at 9:09 PM
finance.yahoo.com logo5:34 pm Brown & Brown Connecticut subsidiary acquired substantially all of the assets of Kronholm Insurance (NYSE:BRO)
finance.yahoo.com - September 14 at 9:09 PM
publicnow.com logoBrown & Brown, Inc. Announces the Asset Acquisition of Kronholm Insurance Services (NYSE:BRO)
www.publicnow.com - September 14 at 9:09 PM
News IconFallen Brown Co. Sergeant Receives Star of Texas Award (NYSE:BRO)
www.bigcountryhomepage.com - September 13 at 5:59 PM
marketnewsvideo.com logoBrown-Forman Now #383 Largest Company, Surpassing ONEOK (NYSE:BRO)
www.marketnewsvideo.com - September 13 at 5:59 PM
reuters.com logoRoethlisberger, Brown help Steelers beat Redskins (NYSE:BRO)
www.reuters.com - September 13 at 8:49 AM
bizjournals.com logoMacB partners to win $51M Air Force task order (NYSE:BRO)
www.bizjournals.com - September 13 at 8:49 AM
News IconGirls Inc. of Carpinteria to Fete Betty Brown at 4th Annual “Evening in Bloom” Gala (NYSE:BRO)
www.independent.com - September 13 at 8:49 AM
News IconEmbattled Kicker Brown Returns To Giants Following 1-Game Ban (NYSE:BRO)
newyork.cbslocal.com - September 13 at 8:49 AM
smarteranalyst.com logoTesla Motors Inc (TSLA) Champions Safety with Autopilot Software Upgrade (NYSE:BRO)
www.smarteranalyst.com - September 12 at 3:51 PM
huffingtonpost.com logoNational Baptist Convention USA: Kneel with Colin Kaepernick (NYSE:BRO)
www.huffingtonpost.com - September 12 at 3:51 PM
bloomberg.com logoMusk Says Tesla’s New Autopilot Could Have Saved Driver (1) (NYSE:BRO)
washpost.bloomberg.com - September 12 at 3:51 PM
News IconBreakfast Club: The Brown Agency, Inc. (NYSE:BRO)
www.ktuu.com - September 12 at 3:51 PM
News IconJ.M. Wood Auction Co. Inc. Brings Curt Brown on Board (NYSE:BRO)
www.constructionequipmentguide.com - September 12 at 3:51 PM
capitalcube.com logoBrown & Brown, Inc. breached its 50 day moving average in a Bearish Manner : BRO-US : September 12, 2016 (NYSE:BRO)
www.capitalcube.com - September 12 at 3:51 PM
News IconJames L. Brown (NYSE:BRO)
newzjunky.com - September 11 at 8:39 AM
News IconITT students lost veteran benefits, loans, time and dreams (NYSE:BRO)
www.dailyherald.com - September 10 at 8:40 AM
forbes.com logoNFL Players, Inc. Could Be NFLPA's War Chest To Take On Goodell And Owners (NYSE:BRO)
www.forbes.com - September 9 at 3:52 PM
bizjournals.com logoOracle may get a chance to depose Gov. Brown in Cover Oregon lawsuit (NYSE:BRO)
www.bizjournals.com - September 9 at 3:52 PM
News IconGov. Brown To Sign Climate Legislation To Reduce Greenhouse Gas Emissions In LA (NYSE:BRO)
losangeles.cbslocal.com - September 8 at 3:52 PM
bizjournals.com logoFormer Brown Derby restaurant building sold in downtown Albany (NYSE:BRO)
www.bizjournals.com - September 8 at 7:31 AM
News IconGirls Inc. of Carpinteria to Fete Betty Brown at Fourth Annual Evening in Bloom Gala (NYSE:BRO)
www.noozhawk.com - September 8 at 7:31 AM
zacks.com logoBrown-Forman (BF.B) Stock Continues to Fall: Here's Why (NYSE:BRO)
www.zacks.com - September 7 at 10:41 AM

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Brown & Brown (NYSE:BRO) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff