NYSE:BRO

Brown & Brown Stock Forecast, Price & News

$52.63
-0.08 (-0.15 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$52.33
$53.19
50-Day Range
$47.83
$53.69
52-Week Range
$39.49
$54.37
Volume1.24 million shs
Average Volume1.04 million shs
Market Capitalization$14.83 billion
P/E Ratio28.45
Dividend Yield0.70%
Beta0.68
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About Brown & Brown

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Cayman Islands, Ireland, and the United Kingdom. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The company offers builders risk, group medical and pharmaceutical, property, commercial auto, homeowners, reinsurance, crop and hail, inland marine, retirement benefit, cyber, disability, risk mitigating warranty products, directors and officers, management liability, errors and omissions, medical stop loss, term life, excess liability, personal auto, umbrella, general liability, prescription drug, workers compensation, and group dental insurance products. It also provides professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, and real estate title professionals, as well as supplementary insurance-related products for weddings, events, medical facilities, and cyber liability; homeowners and personal property policies, residential earthquake, and private passenger automobile and motorcycle coverage; commercial and public entity-related programs; and flood insurance, commercial difference-in-conditions, all-risk commercial property, coastal property programs, lender-placed solutions, sovereign Indian nations, and parcel insurance. In addition, it provides markets and sells excess and surplus commercial insurance products, such as personal lines, homeowners, yachts, jewelry, commercial property and casualty, commercial automobile, garage, restaurant, builder's risk, and inland marine lines; and third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, as well as 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.

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MarketRank

Overall MarketRank

1.90 out of 5 stars

Finance Sector

194th out of 1,974 stocks

Insurance Agents, Brokers, & Service Industry

6th out of 31 stocks

Analyst Opinion: 1.3Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Brown & Brown (NYSE:BRO) Frequently Asked Questions

Is Brown & Brown a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Brown & Brown stock.
View analyst ratings for Brown & Brown
or view top-rated stocks.

What stocks does MarketBeat like better than Brown & Brown?

Wall Street analysts have given Brown & Brown a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Brown & Brown wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Brown & Brown's next earnings date?

Brown & Brown is scheduled to release its next quarterly earnings announcement on Monday, July 26th 2021.
View our earnings forecast for Brown & Brown
.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) posted its quarterly earnings data on Sunday, April, 25th. The financial services provider reported $0.70 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.56 by $0.14. The financial services provider earned $815.30 million during the quarter, compared to analysts' expectations of $755.74 million. Brown & Brown had a trailing twelve-month return on equity of 14.42% and a net margin of 19.33%. The firm's revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.51 EPS.
View Brown & Brown's earnings history
.

How has Brown & Brown's stock been impacted by Coronavirus?

Brown & Brown's stock was trading at $41.60 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BRO stock has increased by 26.5% and is now trading at $52.63.
View which stocks have been most impacted by COVID-19
.

How often does Brown & Brown pay dividends? What is the dividend yield for Brown & Brown?

Brown & Brown declared a quarterly dividend on Monday, April 26th. Shareholders of record on Monday, May 10th will be given a dividend of $0.093 per share on Wednesday, May 19th. This represents a $0.37 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date is Friday, May 7th. This is an increase from Brown & Brown's previous quarterly dividend of $0.09.
View Brown & Brown's dividend history
.

Is Brown & Brown a good dividend stock?

Brown & Brown pays an annual dividend of $0.37 per share and currently has a dividend yield of 0.70%. Brown & Brown has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Brown & Brown is 22.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Brown & Brown will have a dividend payout ratio of 17.45% next year. This indicates that Brown & Brown will be able to sustain or increase its dividend.
View Brown & Brown's dividend history.

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

Shares of Brown & Brown 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 issued to shareholders after the closing bell 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.

What price target have analysts set for BRO?

8 analysts have issued 12-month target prices for Brown & Brown's stock. Their forecasts range from $50.00 to $60.00. On average, they anticipate Brown & Brown's share price to reach $53.63 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price.
View analysts' price targets for Brown & Brown
or view top-rated stocks among Wall Street analysts.

Who are Brown & Brown's key executives?

Brown & Brown's management team includes the following people:
  • Mr. J. Powell Brown C.P.C.U., CPCU, CEO, Pres & Director (Age 53, Pay $4.31M)
  • Mr. R. Andrew Watts, Exec. VP, CFO & Treasurer (Age 52, Pay $1.71M)
  • Mr. J. Scott Penny C.I.C., CIC, Exec. VP & Chief Acquisitions Officer (Age 54, Pay $1.95M)
  • Mr. Anthony T. Strianese, Exec. VP & Chairman of Wholesale Brokerage Segment (Leave of Absence) (Age 59, Pay $1.9M)
  • Mr. Chris L. Walker, Exec. VP & Pres of National Programs Segment (Age 63, Pay $2.58M)
  • Mr. Gray Nester, Sr. VP & Chief Information Officer
  • Mr. Robert W. Lloyd C.I.C., C.P.C.U., ESQ., CIC, Exec. VP, Gen. Counsel & Corp. Sec. (Age 56)
  • Jenny Goco, Director of Communications
  • Ms. Julie L. Turpin, Exec. VP & Chief People Officer
  • Mr. Thomas Keith Huval C.I.C., Sr. VP & Regional Pres of Retail Segment

What is J. Powell Brown's approval rating as Brown & Brown's CEO?

232 employees have rated Brown & Brown CEO J. Powell Brown on Glassdoor.com. J. Powell Brown has an approval rating of 88% among Brown & Brown's employees.

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

What other stocks do shareholders of Brown & Brown own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Brown & Brown investors own include Intel (INTC), NVIDIA (NVDA), Alibaba Group (BABA), QUALCOMM (QCOM), AbbVie (ABBV), Advanced Micro Devices (AMD), Micron Technology (MU), AT&T (T), Bank of America (BAC) and JD.com (JD).

What is Brown & Brown's stock symbol?

Brown & Brown trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRO."

Who are Brown & Brown's major shareholders?

Brown & Brown's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.72%), Select Equity Group L.P. (5.23%), Principal Financial Group Inc. (3.12%), First Eagle Investment Management LLC (2.97%), Price T Rowe Associates Inc. MD (1.93%) and NN Investment Partners Holdings N.V. (1.37%). Company insiders that own Brown & Brown stock include Chris L Walker, H Palmer Proctor Jr, Hyatt J Brown, James Charles Hays, Jerome Scott Penny and Robert W Lloyd.
View institutional ownership trends for Brown & Brown
.

Which major investors are selling Brown & Brown stock?

BRO stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Amundi Asset Management US Inc., Victory Capital Management Inc., Prospector Partners LLC, Janus Henderson Group PLC, Diamond Hill Capital Management Inc., UBS Asset Management Americas Inc., and Aviva PLC. Company insiders that have sold Brown & Brown company stock in the last year include Hyatt J Brown, and Robert W Lloyd.
View insider buying and selling activity for Brown & Brown
or view top insider-selling stocks.

Which major investors are buying Brown & Brown stock?

BRO stock was purchased by a variety of institutional investors in the last quarter, including Select Equity Group L.P., Millennium Management LLC, CIBC Private Wealth Group LLC, Virginia Retirement Systems ET AL, Renaissance Technologies LLC, Assenagon Asset Management S.A., Arrowstreet Capital Limited Partnership, and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. Company insiders that have bought Brown & Brown stock in the last two years include H Palmer Proctor Jr, and James Charles Hays.
View insider buying and selling activity for Brown & Brown
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Brown & Brown's stock price today?

One share of BRO stock can currently be purchased for approximately $52.63.

How much money does Brown & Brown make?

Brown & Brown has a market capitalization of $14.83 billion and generates $2.61 billion in revenue each year. The financial services provider earns $480.48 million in net income (profit) each year or $1.67 on an earnings per share basis.

How many employees does Brown & Brown have?

Brown & Brown employs 10,843 workers across the globe.

When was Brown & Brown founded?

Brown & Brown was founded in 1939.

What is Brown & Brown's official website?

The official website for Brown & Brown is www.bbinsurance.com.

Where are Brown & Brown's headquarters?

Brown & Brown is headquartered at 220 South Ridgewood Avenue, Daytona Beach FL, 32114.

How can I contact Brown & Brown?

Brown & Brown's mailing address is 220 South Ridgewood Avenue, Daytona Beach FL, 32114. The financial services provider can be reached via phone at 386-252-9601.


This page was last updated on 6/18/2021 by MarketBeat.com Staff
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