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.
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Industry, Sector and Symbol
Industry Insurance agents, brokers, & service
Sub-IndustryInsurance Brokers
SectorFinance
Phone386-252-9601
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.01 billion
Profitability
Miscellaneous
Employees9,590
Next Earnings Date10/28/2019 (Confirmed)
OptionableOptionable
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 Thursday, July 18th. Investors of record on Wednesday, August 7th will be paid a dividend of $0.08 per share on Wednesday, August 14th. This represents a $0.32 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend is Tuesday, August 6th. 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 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) announced its quarterly earnings data on Monday, October, 22nd. The financial services provider reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.04. The financial services provider had revenue of $530.90 million for the quarter, compared to analyst estimates of $508.82 million. Brown & Brown had a net margin of 17.28% and a return on equity of 12.64%. The business's quarterly revenue was up 11.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.27 EPS. View Brown & Brown's Earnings History.
When is Brown & Brown's next earnings date?
How can I listen to Brown & Brown's earnings call?
Brown & Brown will be holding an earnings conference call on Monday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for BRO?
5 Wall Street analysts have issued 1-year price targets for Brown & Brown's stock. Their predictions range from $28.00 to $42.00. On average, they anticipate Brown & Brown's stock price to reach $34.40 in the next year. This suggests that the stock has a possible downside of 5.3%. View Analyst Price Targets for Brown & Brown.
What is the consensus analysts' recommendation for Brown & Brown?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 2 sell ratings, 1 hold rating 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?
Media headlines about BRO stock have been trending somewhat positive this week, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Brown & Brown earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Brown & Brown.
Are investors shorting Brown & Brown?
Brown & Brown saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 2,480,000 shares, a decline of 17.3% from the August 30th total of 3,000,000 shares. Based on an average daily volume of 1,180,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.1% of the company's stock are short sold. View Brown & Brown's Current Options Chain.
Who are some of Brown & Brown's key competitors?
Some companies that are related to Brown & Brown include Willis Towers Watson (WLTW), Arthur J Gallagher & Co (AJG), AXA Equitable (EQH), Erie Indemnity (ERIE), Ashmore Group (AJMPF), Fanhua (FANH), CorVel (CRVL), eHealth (EHTH), Goosehead Insurance (GSHD), Crawford & Company (CRD.A), Crawford & Company (CRD.B), Health Insurance Innovations (HIIQ), AA (AATDF) and Marketing Alliance (MAAL).
What other stocks do shareholders of Brown & Brown own?
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 variety of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.69%), Confluence Investment Management LLC (0.41%), PhiloSmith Capital Corp (0.12%), Park National Corp OH (0.06%), Three Peaks Capital Management LLC (0.05%) and Robeco Institutional Asset Management B.V. (0.04%). Company insiders that own Brown & Brown stock include Anthony T Strianese, H Palmer Proctor Jr, Hyatt J Brown, Richard Silas 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 Pacer Advisors Inc., Stephens Inc. AR, Three Peaks Capital Management LLC, Crossmark Global Holdings Inc., Park National Corp OH and Confluence Investment Management LLC. Company insiders that have sold Brown & Brown company stock in the last year include Anthony T Strianese and Robert W Lloyd. View Insider Buying and Selling for Brown & Brown.
Which institutional investors are buying Brown & Brown stock?
BRO stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Northpointe Capital LLC, State of Alaska Department of Revenue, Envestnet Asset Management Inc., Robeco Institutional Asset Management B.V., Oakbrook Investments LLC, Sabal Trust CO and NEXT Financial Group Inc. 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 $36.32.
How big of a company is Brown & Brown?
Brown & Brown has a market capitalization of $10.22 billion and generates $2.01 billion in revenue each year. The financial services provider earns $344.26 million in net income (profit) each year or $1.23 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?
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)
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.
