S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:BRO

Brown & Brown (BRO) Stock Forecast, Price & News

$55.00
+0.29 (+0.53%)
(As of 05/20/2022 06:40 PM ET)
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Today's Range
$53.40
$55.37
50-Day Range
$54.71
$73.40
52-Week Range
$51.47
$74.00
Volume
5.48 million shs
Average Volume
1.93 million shs
Market Capitalization
$15.53 billion
P/E Ratio
25.70
Dividend Yield
0.75%
Beta
0.81
30 days | 90 days | 365 days | Advanced Chart
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Brown & Brown logo

About Brown & Brown

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also offers outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, and flood insurance products. It serves through independent agents. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, 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.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$3.05 billion
Cash Flow
$2.76 per share
Book Value
$15.36 per share

Profitability

Net Income
$587.10 million
Pretax Margin
25.11%

Debt

Price-To-Earnings

Miscellaneous

Free Float
234,230,000
Market Cap
$15.53 billion
Optionable
Optionable

Company Calendar

Last Earnings
4/25/2022
Ex-Dividend for 5/18 Dividend
5/06/2022
Dividend Payable
5/18/2022
Today
5/23/2022
Next Earnings (Estimated)
7/25/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

3.13 out of 5 stars

Finance Sector

102nd out of 1,349 stocks

Insurance Agents, Brokers, & Service Industry

2nd out of 25 stocks

Analyst Opinion: 3.2Community Rank: 3.7Dividend Strength: 3.3Insider Behavior: 4.2Valuation: 1.3 5 -4 -3 -2 -1 -













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 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.

When is Brown & Brown's next earnings date?

Brown & Brown is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022.
View our earnings forecast for Brown & Brown
.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) issued its earnings results on Monday, April, 25th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.02. Brown & Brown had a trailing twelve-month return on equity of 15.53% and a net margin of 19.35%. During the same quarter in the previous year, the business posted $0.70 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 Monday, April 25th. Investors of record on Monday, May 9th will be paid a dividend of $0.102 per share on Wednesday, May 18th. This represents a $0.41 annualized dividend and a yield of 0.74%. The ex-dividend date is Friday, May 6th.
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 0.75%. Brown & Brown has been increasing its dividend for 28 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Brown & Brown is 19.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Brown & Brown will have a dividend payout ratio of 16.08% 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 before market open on Thursday, March 29th 2018. The 2-1 split was announced on Monday, February 26th 2018. The newly created shares were distributed 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?

8 analysts have issued 1 year price objectives for Brown & Brown's stock. Their forecasts range from $61.00 to $82.00. On average, they expect Brown & Brown's stock price to reach $71.63 in the next twelve months. This suggests a possible upside of 30.2% 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 54, Pay $6.26M)
  • Mr. R. Andrew Watts, Exec. VP, CFO & Treasurer (Age 53, Pay $2.36M)
  • Mr. J. Scott Penny C.I.C., CIC, Exec. VP & Chief Acquisitions Officer (Age 55, Pay $2.9M)
  • Mr. Chris L. Walker, Exec. VP & Pres of National Programs Segment (Age 64, Pay $3.24M)
  • Mr. P. Barrett Brown, Exec. VP & Pres of Retail Segment (Age 49, Pay $3.22M)
  • Mr. Kenneth Gray Nester II, Exec. VP & Chief Information Officer (Age 46)
  • Mr. Robert W. Lloyd C.I.C., C.P.C.U., ESQ., CIC, Exec. VP, Gen. Counsel & Corp. Sec. (Age 57) (LinkedIn Profile)
  • Jenny Goco, Director of Communications
  • Ms. Julie L. Turpin, Exec. VP & Chief People Officer (Age 51)
  • Mr. Anthony T. Strianese, Exec. VP & Chairman of Wholesale Brokerage Segment (Leave of Absence) (Age 60)
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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.61%), BlackRock Inc. (6.87%), Select Equity Group L.P. (6.57%), State Street Corp (4.25%), Principal Financial Group Inc. (3.13%) and First Eagle Investment Management LLC (2.25%). Company insiders that own Brown & Brown stock include 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 for Brown & Brown
.

Which institutional investors are selling Brown & Brown stock?

BRO stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Arrowstreet Capital Limited Partnership, Clarkston Capital Partners LLC, First Eagle Investment Management LLC, The Manufacturers Life Insurance Company , Caisse DE Depot ET Placement DU Quebec, Vaughan Nelson Investment Management L.P., and Fenimore Asset Management Inc..
View insider buying and selling activity for Brown & Brown
or view top insider-selling stocks.

Which institutional investors are buying Brown & Brown stock?

BRO stock was bought by a variety of institutional investors in the last quarter, including ProShare Advisors LLC, Principal Financial Group Inc., Wellington Management Group LLP, National Pension Service, National Bank of Canada FI, Invesco Ltd., Truist Financial Corp, and Select Equity Group L.P.. Company insiders that have bought Brown & Brown stock in the last two years include H Palmer Proctor Jr, Hugh M Brown, James Charles Hays, and Lawrence L Gellerstedt III.
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 $55.00.

How much money does Brown & Brown make?

Brown & Brown has a market capitalization of $15.53 billion and generates $3.05 billion in revenue each year. The financial services provider earns $587.10 million in net income (profit) each year or $2.139990 on an earnings per share basis.

How many employees does Brown & Brown have?

Brown & Brown employs 12,023 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.

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 5/23/2022 by MarketBeat.com Staff

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