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NYSE:BRO - Brown & Brown Stock Price, Forecast & News

$46.16
-1.15 (-2.43 %)
(As of 02/26/2020 08:00 AM ET)
Today's Range
$46.01
Now: $46.16
$47.78
50-Day Range
$39.50
MA: $44.37
$48.51
52-Week Range
$28.61
Now: $46.16
$48.69
Volume2.14 million shs
Average Volume1.63 million shs
Market Capitalization$12.98 billion
P/E Ratio32.74
Dividend Yield0.72%
Beta0.64
Brown & Brown, Inc markets and sells insurance products and services in the United States, England, Canada, Bermuda, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers commercial packages, group medical, workers' compensation, property risk, and general liability insurance products; and group and individual life, accident, disability, health, hospitalization, medical, dental, and other ancillary insurance products, as well as risk management, loss control survey and analysis, consultancy, and claims processing services. Read More…

Industry, Sector and Symbol

Industry Insurance agents, brokers, & service
Sub-IndustryInsurance Brokers
SectorFinance
CUSIP11523610
Phone386-252-9601

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.39 billion
Cash Flow$1.84 per share
Book Value$11.91 per share

Profitability

Net Income$398.50 million

Miscellaneous

Employees9,590
Market Cap$12.98 billion
Next Earnings Date4/27/2020 (Estimated)
OptionableOptionable

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Brown & Brown (NYSE:BRO) Frequently Asked Questions

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 Wednesday, January 22nd. Stockholders of record on Wednesday, February 5th will be paid a dividend of $0.085 per share on Wednesday, February 19th. This represents a $0.34 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Tuesday, February 4th. 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 distributed 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.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) issued its quarterly earnings results on Monday, January, 27th. The financial services provider reported $0.28 EPS for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.01. The financial services provider had revenue of $579 million for the quarter, compared to the consensus estimate of $563.56 million. Brown & Brown had a return on equity of 12.23% and a net margin of 16.66%. The business's revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.27 EPS. View Brown & Brown's Earnings History.

When is Brown & Brown's next earnings date?

Brown & Brown is scheduled to release their next quarterly earnings announcement on Monday, April 27th 2020. View Earnings Estimates for Brown & Brown.

What price target have analysts set for BRO?

6 analysts have issued 12 month price targets for Brown & Brown's shares. Their forecasts range from $28.00 to $52.00. On average, they expect Brown & Brown's stock price to reach $39.67 in the next year. This suggests that the stock has a possible downside of 14.1%. View Analyst Price Targets for Brown & Brown.

What is the consensus analysts' recommendation for Brown & Brown?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brown & Brown.

Has Brown & Brown been receiving favorable news coverage?

News headlines about BRO stock have been trending very negative on Wednesday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brown & Brown earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Brown & Brown.

Are investors shorting Brown & Brown?

Brown & Brown saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 4,560,000 shares, a decrease of 8.4% from the January 15th total of 4,980,000 shares. Based on an average trading volume of 1,800,000 shares, the days-to-cover ratio is presently 2.5 days. Approximately 2.0% of the shares of the stock are sold short. View Brown & Brown's Current Options Chain.

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 Mastercard (MA), Mcdonald's (MCD), Lam Research (LRCX), Bank of America (BAC), Johnson & Johnson (JNJ), Procter & Gamble (PG), Verizon Communications (VZ), Adobe (ADBE), NVIDIA (NVDA) and PepsiCo (PEP).

Who are Brown & Brown's key executives?

Brown & Brown's management team includes the folowing people:
  • Mr. J. Powell Brown C.P.C.U., CPCU, CEO, Pres & Director (Age 51)
  • Mr. R. Andrew Watts, Exec. VP, CFO & Treasurer (Age 50)
  • Mr. J. Scott Penny CIC, Exec. VP & Chief Acquisitions Officer (Age 52)
  • Mr. Anthony T. Strianese, Exec. VP & Pres of Wholesale Brokerage Division (Age 57)
  • Mr. Chris L. Walker, Exec. VP & Pres of National Programs Division (Age 61)

Who are Brown & Brown's major shareholders?

Brown & Brown's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (3.81%), First Eagle Investment Management LLC (3.50%), Principal Financial Group Inc. (3.46%), Clarkston Capital Partners LLC (1.39%), Bank of New York Mellon Corp (1.07%) and Fenimore Asset Management Inc. (1.06%). Company insiders that own Brown & Brown stock include Anthony T Strianese, Chris L Walker, H Palmer Proctor Jr, Hyatt J Brown, Jerome Scott Penny and Robert W Lloyd. 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 Scout Investments Inc., Renaissance Technologies LLC, Victory Capital Management Inc., Victory Capital Management Inc., First Eagle Investment Management LLC, Jefferies Group LLC, Lord Abbett & CO. LLC and Natixis Advisors L.P.. Company insiders that have sold Brown & Brown company stock in the last year include Anthony T Strianese, Chris L Walker, Jerome Scott Penny and Robert W Lloyd. View Insider Buying and Selling for Brown & Brown.

Which institutional investors are buying Brown & Brown stock?

BRO stock was bought by a variety of institutional investors in the last quarter, including Madison Asset Management LLC, State Street Corp, California Public Employees Retirement System, Sumitomo Mitsui Trust Holdings Inc., UBS Asset Management Americas Inc., Swiss National Bank, Bessemer Group Inc. and First Trust Advisors LP. View Insider Buying and Selling for Brown & Brown.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Brown & Brown's stock price today?

One share of BRO stock can currently be purchased for approximately $46.16.

How big of a company is Brown & Brown?

Brown & Brown has a market capitalization of $12.98 billion and generates $2.39 billion in revenue each year. The financial services provider earns $398.50 million in net income (profit) each year or $1.40 on an earnings per share basis. Brown & Brown employs 9,590 workers across the globe.View Additional Information About Brown & Brown.

What is Brown & Brown's official website?

The official website for Brown & Brown is http://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.


MarketBeat Community Rating for Brown & Brown (NYSE BRO)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  349 (Vote Outperform)
Underperform Votes:  516 (Vote Underperform)
Total Votes:  865
MarketBeat's community ratings are surveys of what our community members think about Brown & Brown and other stocks. Vote "Outperform" if you believe BRO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BRO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/26/2020 by MarketBeat.com Staff

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