S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NYSE:BRO

Brown & Brown Stock Forecast, Price & News

$67.68
+0.63 (+0.94%)
(As of 12/8/2021 04:00 PM ET)
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Today's Range
$66.67
$67.91
50-Day Range
$55.45
$67.68
52-Week Range
$42.72
$67.91
Volume
1.56 million shs
Average Volume
1.34 million shs
Market Capitalization
$19.11 billion
P/E Ratio
33.01
Dividend Yield
0.61%
Beta
0.71
30 days | 90 days | 365 days | Advanced Chart
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Brown & Brown logo

About Brown & Brown

Brown & Brown, Inc. is an insurance agency, wholesale brokerage, insurance programs and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail Segment receives fees in lieu of commissions. The National Programs segment acts as a managing general agent and provides professional liability and related package products for certain professionals, a range of insurance products for individuals, flood coverage, and targeted products and services designated for specific industries, trade groups, governmental entities and market niches. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance, primarily through independent agents and brokers, as well as company's retail agents. The Services segment provides insurance-related services, including third-party claims administration and comprehensive medical utilization management services in both the workers' compensation and all-lines liability arenas, as well as medicare Set-aside services, social securi

Headlines

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Industry, Sector and Symbol

Industry
Insurance agents, brokers, & service
Sub-Industry
Insurance Brokers
Sector
Finance
CUSIP
11523610
Employees
5,764
Year Founded
1939

Sales & Book Value

Annual Sales
$2.61 billion
Cash Flow
$2.21 per share
Book Value
$14.54 per share

Profitability

Net Income
$480.48 million
Pretax Margin
25.48%

Debt

Price-To-Earnings

Miscellaneous

Free Float
234,358,000
Market Cap
$19.11 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/24/2021
Ex-Dividend
11/02/2021
Dividend Payable
11/17/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/24/2022

Social Links


MarketRank

Overall MarketRank

2.51 out of 5 stars

Finance Sector

291st out of 1,342 stocks

Insurance Agents, Brokers, & Service Industry

11th out of 24 stocks

Analyst Opinion: 2.2Community Rank: 3.9Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -












Brown & Brown (NYSE:BRO) Frequently Asked Questions

Is Brown & Brown a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Brown & Brown stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRO, but not buy additional shares or sell existing shares.
View analyst ratings for Brown & Brown
or view top-rated stocks.

How has Brown & Brown's stock price 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. Since then, BRO shares have increased by 62.7% and is now trading at $67.68.
View which stocks have been most impacted by COVID-19
.

When is Brown & Brown's next earnings date?

Brown & Brown is scheduled to release its next quarterly earnings announcement on Monday, January 24th 2022.
View our earnings forecast for Brown & Brown
.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) released its quarterly earnings results on Sunday, October, 24th. The financial services provider reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.53 by $0.05. The financial services provider earned $770.30 million during the quarter, compared to analyst estimates of $760.36 million. Brown & Brown had a net margin of 19.72% and a trailing twelve-month return on equity of 15.19%. The firm's quarterly revenue was up 14.3% compared to the same quarter last year. During the same period last year, the company earned $0.52 EPS.
View Brown & Brown's earnings history
.

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

Brown & Brown declared a quarterly dividend on Tuesday, October 19th. Stockholders of record on Wednesday, November 3rd will be given a dividend of $0.1025 per share on Wednesday, November 17th. This represents a $0.41 annualized dividend and a dividend yield of 0.61%. The ex-dividend date of this dividend is Tuesday, November 2nd. This is a boost 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 $0.41 per share and currently has a dividend yield of 0.61%. Brown & Brown has been increasing its dividend for 27 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Brown & Brown is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Brown & Brown will have a dividend payout ratio of 18.14% 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?

Brown & Brown's stock 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 market closes 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?

11 brokerages have issued 1-year price targets for Brown & Brown's shares. Their forecasts range from $50.00 to $76.00. On average, they expect Brown & Brown's stock price to reach $61.82 in the next year. This suggests that the stock has a possible downside of 8.7%.
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:
  • J. Powell Brown, President, Chief Executive Officer & Director
  • Richard A. Freebourn, Senior Vice President-Internal Operations
  • R. Andrew Watts, Chief Financial Officer, Treasurer & Executive VP
  • Gray Nester, Chief Information Officer & Executive VP
  • Jerome Scott Penny, Chief Acquisitions Officer & Executive VP

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.

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (6.88%), Principal Financial Group Inc. (2.84%), Geode Capital Management LLC (1.58%), Clarkston Capital Partners LLC (1.47%), NN Investment Partners Holdings N.V. (1.29%) and Invesco Ltd. (0.75%). Company insiders that own Brown & Brown stock include Chris L Walker, H Palmer Proctor Jr, Hyatt J Brown, James Charles Hays, Jerome Scott Penny, Robert W Lloyd and Stephen M Boyd.
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 BlackRock Inc., Principal Financial Group Inc., Bank of New York Mellon Corp, Retirement Systems of Alabama, Schonfeld Strategic Advisors LLC, Natixis, American International Group Inc., and UBS Group AG. Company insiders that have sold Brown & Brown company stock in the last year include Hyatt J Brown, Robert W Lloyd, and Stephen M Boyd.
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 Geode Capital Management LLC, Invesco Ltd., Morgan Stanley, Caisse DE Depot ET Placement DU Quebec, Millennium Management LLC, Point72 Asset Management L.P., Arrowstreet Capital Limited Partnership, and Barclays PLC. 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 $67.68.

How much money does Brown & Brown make?

Brown & Brown has a market capitalization of $19.11 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 $2.05 on an earnings per share basis.

How many employees does Brown & Brown have?

Brown & Brown employs 5,764 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 or via fax at 386-239-5729.


This page was last updated on 12/9/2021 by MarketBeat.com Staff

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