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. The 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: $43.76
  • 50 Day Moving Average: $43.67
  • 200 Day Moving Average: $39.98
  • 52-Week Range: $140,104,000.00 - $31.33
  • Trailing P/E Ratio: 24.10
  • Foreward P/E Ratio: 20.99
  • P/E Growth: 2.92
  • Market Cap: $6.15B
  • Outstanding Shares: 140,104,000
  • Beta: 0.73
Profitability:
  • Net Margins: 14.57%
  • Return on Equity: 11.57%
  • Return on Assets: 5.03%
Debt:
  • Debt-to-Equity Ratio: 0.43%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.93%
Additional Links:
Companies Related to Brown & Brown:

Analyst Ratings

Consensus Ratings for Brown & Brown (NYSE:BRO) (?)
Ratings Breakdown: 2 Sell Ratings, 8 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.91)
Consensus Price Target: $37.67 (14.14% downside)

Analysts' Ratings History for Brown & Brown (NYSE:BRO)
Show:
DateFirmActionRatingPrice TargetDetails
1/9/2017Barclays PLCReiterated RatingSell$39.00View Rating Details
12/30/2016Langen McalennReiterated RatingBuyView Rating Details
12/16/2016J P Morgan Chase & CoUpgradeUnderweight -> NeutralView Rating Details
12/12/2016BMO Capital MarketsUpgradeUnderperform -> Market Perform$37.00 -> $46.00View Rating Details
10/24/2016Deutsche Bank AGDowngradeBuy -> Hold$40.00View Rating Details
10/11/2016Citigroup Inc.Boost Price TargetNeutral$38.00 -> $41.00View 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
4/20/2016Morgan StanleyReiterated RatingSell$30.00View Rating Details
3/21/2016William BlairUpgradeUnderperform -> Market PerformView Rating Details
1/12/2016Keefe, Bruyette & WoodsReiterated RatingHoldView Rating Details
1/8/2016Piper Jaffray CompaniesReiterated RatingOverweight$37.00 -> $36.00View Rating Details
1/7/2016SunTrust Banks, Inc.DowngradeBuy -> Neutral$38.00 -> $35.00View Rating Details
10/14/2015Wells Fargo & CompanyDowngradeOutperform -> Market PerformView Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Brown & Brown (NYSE:BRO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/17/2017        
1/23/2017Q4 2016$0.41$0.42$431.30 million$433.60 millionViewListenView Earnings Details
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)

Estimates

Earnings Estimates for Brown & Brown (NYSE:BRO)
Current Year EPS Consensus Estimate: $1.89 EPS
Next Year EPS Consensus Estimate: $2.09 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$0.43$0.50$0.46
Q2 20174$0.46$0.50$0.48
Q3 20174$0.50$0.57$0.53
Q4 20173$0.42$0.43$0.42
Q1 20183$0.44$0.48$0.47
Q2 20183$0.52$0.54$0.53
Q3 20183$0.58$0.59$0.58
Q4 20183$0.48$0.49$0.49
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Brown & Brown (NYSE:BRO)
Annual Dividend:$0.54
Dividend Yield:1.23%
Dividend Growth:10.70% (3 Year Average)
Payout Ratio:29.67% (Based on Trailing 12 Months of Earnings)
28.57% (Based on Current Year Consensus EPS Estimate)
25.84% (Based on Next Year Consensus EPS Estimate)
Track Record:16 Years of Consecutive Dividend Growth

Dividend History for Brown & Brown (NYSE:BRO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/20/2017quarterly$0.141.24%2/1/20172/3/20172/15/2017
10/12/2016quarterly$0.1410/26/201610/28/201611/9/2016
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: 72.27%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/1/2016Jerome Scott PennyEVPSell10,000$43.56$435,600.00View SEC Filing  
11/23/2016Richard FreebournEVPSell25,000$42.90$1,072,500.00View SEC Filing  
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 IconMillie Bobby Brown just shared the cutest throwback video of her singing for her birthday (NYSE:BRO)
hellogiggles.com - February 19 at 3:48 PM
News IconWalmart Pharmacy Boise - Anthony Brown Pharmacy - Walgreens Pharmacy Hours Of Operation - 7,892 Completed ORDERS Today! (NYSE:BRO)
news.arseblog.com - February 19 at 11:34 AM
News IconAnthony Brown Pharmacy - Walgreens Pharmacy Hours Of Operation - Cvs Pharmacy York Pa - 7,571 Completed ORDERS Today! (NYSE:BRO)
news.arseblog.com - February 18 at 3:54 PM
News IconBrown Biomedical Research Hub Awards First Pilot Project Grants (NYSE:BRO)
www.golocalprov.com - February 18 at 3:54 PM
News IconWalmart Pharmacy Boise - Anthony Brown Pharmacy - Walgreens Pharmacy Hours Of Operation - 3,211 Completed ORDERS Today! (NYSE:BRO)
www.netnewsledger.com - February 18 at 3:54 PM
News IconEast Point Academy purchases land on Chris Dr. for $1,457,000 (NYSE:BRO)
www.thestate.com - February 17 at 6:06 PM
News IconDr Ewart Brown: “Untenable, Frivolous Lawsuit” (NYSE:BRO)
bernews.com - February 17 at 6:06 PM
News IconTrump Administration Exempts Three CA Oil Fields From Water Protection Rule at Jerry Brown’s Request (NYSE:BRO)
www.counterpunch.org - February 17 at 6:06 PM
News IconWalmart Pharmacy Boise - Anthony Brown Pharmacy - Walgreens Pharmacy Hours Of Operation - 1,235 Completed ORDERS Today! (NYSE:BRO)
www.littlesunnykitchen.com - February 17 at 6:06 PM
News IconWalmart Pharmacy Boise - Anthony Brown Pharmacy - Walgreens Pharmacy Hours Of Operation - 7,685 Completed ORDERS Today! (NYSE:BRO)
news.arseblog.com - February 16 at 8:52 AM
News IconMillie Bobby Brown Stars in Converse’s New ‘Forever Chuck’ Campaign (NYSE:BRO)
footwearnews.com - February 16 at 8:52 AM
News IconStan Brown (NYSE:BRO)
hanfordsentinel.com - February 16 at 8:52 AM
News IconAnthony Brown Pharmacy - Walgreens Pharmacy Hours Of Operation - Cvs Pharmacy York Pa - 3,502 Completed ORDERS Today! (NYSE:BRO)
www.lusakatimes.com - February 15 at 2:42 AM
News IconCanadian Online Pharmacy Reviews - Walmart Pharmacy Boise - Anthony Brown Pharmacy - 2,238 Completed ORDERS Today! (NYSE:BRO)
www.netnewsledger.com - February 15 at 2:42 AM
4-traders.com logoSherrod Brown : Brown Meets with Ohio Miners as He Continues Fight to Protect Their Healthcare, Retirement (NYSE:BRO)
www.4-traders.com - February 15 at 2:42 AM
News IconThe real story behind Charlie Brown’s hope for a little redhaired girl’s Valentine (NYSE:BRO)
www.washingtonpost.com - February 15 at 2:42 AM
News IconBroadway Star Laura Benanti and Husband Patrick Brown Welcome 'Baby Girl Brown!' (NYSE:BRO)
www.click2houston.com - February 15 at 2:42 AM
News IconThe real story behind Charlie Brown's hope for a little redhaired girl's Valentine (NYSE:BRO)
www.chicagotribune.com - February 14 at 4:39 PM
News IconCanadian Online Pharmacy Reviews - Walmart Pharmacy Boise - Anthony Brown Pharmacy - 4,657 Completed ORDERS Today! (NYSE:BRO)
news.arseblog.com - February 14 at 4:39 PM
News IconAnthony Brown Pharmacy - Walgreens Pharmacy Hours Of Operation - Cvs Pharmacy York Pa - 5,945 Completed ORDERS Today! (NYSE:BRO)
www.netnewsledger.com - February 14 at 4:39 PM
News IconHe May Be a Loser but Charlie Brown Has What You Need to Succeed in Business (NYSE:BRO)
www.inc.com - February 14 at 4:39 PM
News IconOdds Slightly Favor Steelers Keeping Antonio Brown (NYSE:BRO)
www.sportsline.com - February 13 at 2:03 AM
finance.yahoo.com logoPost Earnings Coverage as Brown & Brown Adjusted Earnings Gained 10.5%; Revenue Climbed 7.1% (NYSE:BRO)
finance.yahoo.com - February 11 at 4:04 PM
News IconMayor Brown Asking Albany to Help Pay for Reinvigoration of Jefferson Avenue (NYSE:BRO)
www.twcnews.com - February 10 at 3:34 PM
News IconAyla Brown to headline New England Artists Series concert (NYSE:BRO)
mansfield.wickedlocal.com - February 10 at 3:34 PM
benzinga.com logoDowntown Josh Brown: Twitter Is No Facebook, But Still Has Huge Potential (NYSE:BRO)
www.benzinga.com - February 10 at 3:34 PM
News IconPassion for philanthropy a family affair for Brown (NYSE:BRO)
news.vanderbilt.edu - February 9 at 4:15 PM
News IconBarrett Brown's Donors Sue DOJ/FBI For Monitoring Their Donations (NYSE:BRO)
www.techdirt.com - February 8 at 4:13 PM
News IconScottie Pippen defends Bulls assistant Randy Brown against 'snitch' label (NYSE:BRO)
www.chicagotribune.com - February 8 at 4:13 PM
finance.yahoo.com logoCNO Financial (CNO) Misses on Earnings, Beats Revenues in Q4 (NYSE:BRO)
finance.yahoo.com - February 8 at 4:13 PM
News IconDenise Scott Brown wins Jane Drew Prize for women in architecture (NYSE:BRO)
www.curbed.com - February 7 at 10:04 PM
News IconLawsuit Accuses Feds of Targeting Barrett Brown Defense Fund Donors (NYSE:BRO)
www.nbcbayarea.com - February 7 at 10:04 PM
News IconChris Brown appointed Chief Sales Officer for LIXIL Americas (NYSE:BRO)
m.contractormag.com - February 7 at 5:02 PM
News IconBrown to oppose EPA, labor picks (NYSE:BRO)
www.toledoblade.com - February 7 at 2:05 AM
News IconCanadian Online Pharmacy Reviews - Walmart Pharmacy Boise - Anthony Brown Pharmacy - 3,874 Completed ORDERS Today! (NYSE:BRO)
www.littlesunnykitchen.com - February 7 at 2:05 AM
News IconAnthony Brown Pharmacy - Walgreens Pharmacy Hours Of Operation - Cvs Pharmacy York Pa - 2,380 Completed ORDERS Today! (NYSE:BRO)
www.netnewsledger.com - February 3 at 4:11 PM
News IconPittsburgh Steelers Star Antonio Brown Surprises Kids at Texas Children's Hospital With ET (NYSE:BRO)
www.click2houston.com - February 3 at 2:13 AM
einnews.com logoBrown Technical Media Corp. Launches New Microsite Dedicated to Electrical Wholesalers (NYSE:BRO)
semiconductors.einnews.com - January 31 at 4:22 PM
reuters.com logoBRIEF-Christopher Brown reports 7.5 pct passive stake in Genvec (NYSE:BRO)
www.reuters.com - January 31 at 4:22 PM
News IconConfluence Investment Management LLC Has Decreased Brown & Brown INC (BRO) Stake as Shares Rose (NYSE:BRO)
randolphguide.com - January 31 at 4:22 PM
nasdaq.com logoBrown & Brown is Oversold (NYSE:BRO)
www.nasdaq.com - January 30 at 4:00 PM
News IconEXCLUSIVE: Sterling K. Brown, Ryan Michelle Bathe Are the Ultimate Relationship Goals With 'Amazing' (NYSE:BRO)
www.click2houston.com - January 29 at 9:02 PM
marketexclusive.com logoBROWN & BROWN, INC. (NYSE:BRO) Files An 8-K Results of Operations and Financial Condition (NYSE:BRO)
marketexclusive.com - January 25 at 5:02 PM
capitalcube.com logoBrown & Brown, Inc. :BRO-US: Earnings Analysis: Q4, 2016 By the Numbers : January 25, 2017 (NYSE:BRO)
www.capitalcube.com - January 25 at 5:02 PM
finance.yahoo.com logoEdited Transcript of BRO earnings conference call or presentation 24-Jan-17 1:00pm GMT (NYSE:BRO)
finance.yahoo.com - January 24 at 9:36 PM
News IconBrown & Brown (NYSE:BRO) tops Street 4Q forecasts (NYSE:BRO)
stockmarketdaily.co - January 24 at 4:35 PM
News IconThe Power List 2017: Paul Brown (NYSE:BRO)
www.nrn.com - January 24 at 4:35 PM
seekingalpha.com logoBrown & Brown's (BRO) CEO Powell Brown on Q4 2016 Results - Earnings Call Transcript (NYSE:BRO)
seekingalpha.com - January 24 at 4:35 PM
biz.yahoo.com logoBrown & Brown Inc Earnings Call scheduled for 8:00 am ET today (NYSE:BRO)
biz.yahoo.com - January 24 at 4:35 PM
capitalcube.com logoBrown & Brown, Inc. breached its 50 day moving average in a Bearish Manner : BRO-US : January 24, 2017 (NYSE:BRO)
www.capitalcube.com - January 24 at 4:35 PM

Social

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 declared a quarterly dividend on Friday, January 20th. Investors of record on Friday, February 3rd will be given a dividend of $0.135 per share on Wednesday, February 15th. This represents a $0.54 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend is Wednesday, February 1st.

Where is Brown & Brown's stock going? Where will Brown & Brown's stock price be in 2017?

11 brokerages have issued 1-year price targets for Brown & Brown's shares. Their forecasts range from $30.00 to $46.00. On average, they anticipate Brown & Brown's share price to reach $37.67 in the next twelve months.

When will Brown & Brown announce their earnings?

Brown & Brown is scheduled to release their next quarterly earnings announcement on Monday, April, 17th 2017.

Who owns Brown & Brown stock?

Brown & Brown's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.24%), FMR LLC (2.95%), Burgundy Asset Management Ltd. (1.11%), Dimensional Fund Advisors LP (0.88%), Martingale Asset Management L P (0.34%) and Allianz Asset Management AG (0.33%). Company insiders that own Brown & Brown stock include Anthony T Strianese, Jerome Scott Penny, Richard Freebourn and Robert W Lloyd.

Who sold Brown & Brown stock? Who is selling Brown & Brown stock?

Brown & Brown's stock was sold by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Thompson Siegel & Walmsley LLC, FMR LLC, Renaissance Technologies LLC, Thrivent Financial for Lutherans, Allianz Asset Management AG, Dimensional Fund Advisors LP and Bayesian Capital Management LP. Company insiders that have sold Brown & Brown stock in the last year include Anthony T Strianese, Jerome Scott Penny, Richard Freebourn and Robert W Lloyd.

Who bought Brown & Brown stock? Who is buying Brown & Brown stock?

Brown & Brown's stock was purchased by a variety of institutional investors in the last quarter, including Capital Returns Management LLC, Gillson Capital LP, Tandem Investment Advisors Inc., Guggenheim Capital LLC, Burgundy Asset Management Ltd., Russell Investments Group Ltd., Endeavour Capital Advisors Inc. and Martingale Asset Management L P.

How do I buy Brown & Brown stock?

Shares of Brown & Brown can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Brown & Brown stock cost?

One share of Brown & Brown stock can currently be purchased for approximately $43.87.

Brown & Brown (NYSE:BRO) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Brown & Brown (NYSE:BRO)

Earnings History Chart

Earnings by Quarter for Brown & Brown (NYSE:BRO)

Dividend History Chart

Dividend Payments by Quarter for Brown & Brown (NYSE:BRO)

Last Updated on 2/19/2017 by MarketBeat.com Staff