S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Laser breakthrough could send stock soaring 2,476% (Ad)
Evacuations urged in Ohio town as train wreck smolders
How will EU ban and West's price cap on Russian diesel work?
Laser breakthrough could send stock soaring 2,476% (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Laser breakthrough could send stock soaring 2,476% (Ad)
Evacuations urged in Ohio town as train wreck smolders
How will EU ban and West's price cap on Russian diesel work?
Laser breakthrough could send stock soaring 2,476% (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Laser breakthrough could send stock soaring 2,476% (Ad)
Evacuations urged in Ohio town as train wreck smolders
How will EU ban and West's price cap on Russian diesel work?
Laser breakthrough could send stock soaring 2,476% (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Laser breakthrough could send stock soaring 2,476% (Ad)
Evacuations urged in Ohio town as train wreck smolders
How will EU ban and West's price cap on Russian diesel work?
Laser breakthrough could send stock soaring 2,476% (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
'Knock at the Cabin' knocks off 'Avatar' at the box office
NYSE:BRO

Brown & Brown - BRO Stock Forecast, Price & News

$58.39
-0.27 (-0.46%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$57.66
$58.48
50-Day Range
$55.41
$61.96
52-Week Range
$52.91
$74.00
Volume
1.26 million shs
Average Volume
1.30 million shs
Market Capitalization
$16.54 billion
P/E Ratio
24.74
Dividend Yield
0.79%
Price Target
$66.30

Brown & Brown MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
13.5% Upside
$66.30 Price Target
Short Interest
Healthy
1.31% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
0.15mentions of Brown & Brown in the last 14 days
Based on 100 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.24%
From $2.49 to $2.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.77 out of 5 stars

Finance Sector

125th out of 854 stocks

Insurance Agents, Brokers, & Service Industry

1st out of 16 stocks

BRO stock logo

About Brown & Brown (NYSE:BRO) Stock

Brown & Brown, Inc. is an insurance agency, wholesale brokerage, insurance program 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 the 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 sec

Receive BRO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Brown & Brown and its competitors with MarketBeat's FREE daily newsletter.

BRO Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Brown at Harvard odds, tips and betting trends
See More Headlines
Receive BRO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Brown & Brown and its competitors with MarketBeat's FREE daily newsletter.

BRO Company Calendar

Ex-Dividend for 11/16 Dividend
11/01/2022
Dividend Payable
11/16/2022
Last Earnings
1/24/2023
Ex-Dividend for 2/15 Dividend
2/02/2023
Today
2/05/2023
Dividend Payable
2/15/2023
Next Earnings (Estimated)
4/24/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Insurance agents, brokers, & service
Sub-Industry
Insurance Brokers
Sector
Finance
CUSIP
11523610
Employees
12,023
Year Founded
1939

Price Target and Rating

Average Stock Price Forecast
$66.30
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$59.00
Forecasted Upside/Downside
+13.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$671.80 million
Pretax Margin
24.52%

Debt

Sales & Book Value

Annual Sales
$3.57 billion
Cash Flow
$2.95 per share
Book Value
$16.26 per share

Miscellaneous

Free Float
235,018,000
Market Cap
$16.54 billion
Optionable
Optionable
Beta
0.74

Social Links


Key Executives

  • 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
  • Kiet Tran
    Chief Technology Officer













BRO Stock - Frequently Asked Questions

Should I buy or sell Brown & Brown stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BRO shares. 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 BRO analyst ratings
or view top-rated stocks.

What is Brown & Brown's stock price forecast for 2023?

9 brokers have issued 12 month price targets for Brown & Brown's shares. Their BRO share price forecasts range from $59.00 to $75.00. On average, they expect the company's stock price to reach $66.30 in the next year. This suggests a possible upside of 13.5% from the stock's current price.
View analysts price targets for BRO
or view top-rated stocks among Wall Street analysts.

How have BRO shares performed in 2023?

Brown & Brown's stock was trading at $56.97 on January 1st, 2023. Since then, BRO stock has increased by 2.5% and is now trading at $58.39.
View the best growth stocks for 2023 here
.

Are investors shorting Brown & Brown?

Brown & Brown saw a decrease in short interest in December. As of December 30th, there was short interest totaling 3,320,000 shares, a decrease of 6.7% from the December 15th total of 3,560,000 shares. Based on an average trading volume of 1,290,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.4% of the shares of the company are short sold.
View Brown & Brown's Short Interest
.

When is Brown & Brown's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
View our BRO earnings forecast
.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) issued its quarterly earnings data on Tuesday, January, 24th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.04. The financial services provider had revenue of $901.40 million for the quarter, compared to the consensus estimate of $897.98 million. Brown & Brown had a net margin of 18.80% and a trailing twelve-month return on equity of 14.88%. Brown & Brown's quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.42 EPS.

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

Brown & Brown declared a quarterly dividend on Wednesday, January 18th. Investors of record on Friday, February 3rd will be paid a dividend of $0.115 per share on Wednesday, February 15th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, February 2nd.
Read our dividend analysis for BRO
.

Is Brown & Brown a good dividend stock?

Brown & Brown (NYSE:BRO) pays an annual dividend of $0.46 per share and currently has a dividend yield of 0.79%. The company has been increasing its dividend for 29 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 19.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRO will have a dividend payout ratio of 16.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BRO.

When did Brown & Brown's stock split?

Shares of Brown & Brown split before market open on Thursday, March 29th 2018. The 2-1 split was announced on Monday, February 26th 2018. The newly minted shares were payable to shareholders after the market closes on Wednesday, March 28th 2018. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

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

232 employees have rated Brown & Brown Chief Executive Officer J. Powell Brown on Glassdoor.com. J. Powell Brown has an approval rating of 88% among the company'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 Allspring Global Investments Holdings LLC (2.00%), Fenimore Asset Management Inc. (0.96%), ProShare Advisors LLC (0.93%), Close Asset Management Ltd (0.46%), Scout Investments Inc. (0.28%) and Sumitomo Mitsui Trust Holdings Inc. (0.25%). Insiders that own company stock include Chris L Walker, H Palmer Proctor Jr, Hugh M Brown, Hyatt J Brown, James Charles Hays, Lawrence L Gellerstedt III, Robert W Lloyd and Stephen M Boyd.
View institutional ownership trends
.

How do I buy shares of Brown & Brown?

Shares of BRO stock 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 $58.39.

How much money does Brown & Brown make?

Brown & Brown (NYSE:BRO) has a market capitalization of $16.54 billion and generates $3.57 billion in revenue each year. The financial services provider earns $671.80 million in net income (profit) each year or $2.36 on an earnings per share basis.

How many employees does Brown & Brown have?

The company employs 12,023 workers across the globe.

How can I contact Brown & Brown?

Brown & Brown's mailing address is 220 South Ridgewood Avenue, Daytona Beach FL, 32114. The official website for the company is www.bbinsurance.com. The financial services provider can be reached via phone at (386) 252-9601 or via fax at 386-239-5729.

This page (NYSE:BRO) was last updated on 2/5/2023 by MarketBeat.com Staff