Skip to main content
NYSE:BRO

Brown & Brown Stock Forecast, Price & News

$52.23
-0.28 (-0.53 %)
(As of 05/17/2021 12:00 AM ET)
Add
Compare
Today's Range
$51.90
$52.48
50-Day Range
$45.71
$53.69
52-Week Range
$37.90
$54.37
Volume528,320 shs
Average Volume1.09 million shs
Market Capitalization$14.72 billion
P/E Ratio32.24
Dividend Yield0.70%
Beta0.66
30 days | 90 days | 365 days | Advanced Chart
Receive BRO 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.


Brown & Brown logo

About Brown & Brown

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Cayman Islands, Ireland, and the United Kingdom. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The company offers builders risk, group medical and pharmaceutical, property, commercial auto, homeowners, reinsurance, crop and hail, inland marine, retirement benefit, cyber, disability, risk mitigating warranty products, directors and officers, management liability, errors and omissions, medical stop loss, term life, excess liability, personal auto, umbrella, general liability, prescription drug, workers compensation, and group dental insurance products. It also provides professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, and real estate title professionals, as well as supplementary insurance-related products for weddings, events, medical facilities, and cyber liability; homeowners and personal property policies, residential earthquake, and private passenger automobile and motorcycle coverage; commercial and public entity-related programs; and flood insurance, commercial difference-in-conditions, all-risk commercial property, coastal property programs, lender-placed solutions, sovereign Indian nations, and parcel insurance. In addition, it provides markets and sells excess and surplus commercial insurance products, such as personal lines, homeowners, yachts, jewelry, commercial property and casualty, commercial automobile, garage, restaurant, builder's risk, and inland marine lines; and third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, as well as 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

See More Headlines

Industry, Sector and Symbol

Industry Insurance agents, brokers, & service
Sub-IndustryInsurance Brokers
SectorFinance
CUSIP11523610
Phone386-252-9601
Employees10,843
Year Founded1939

Sales & Book Value

Annual Sales$2.39 billion
Cash Flow$2.12 per share
Book Value$11.91 per share

Profitability

Net Income$398.51 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$14.72 billion
Next Earnings Date7/26/2021 (Estimated)
OptionableOptionable

Social Links


MarketRank

Overall MarketRank

1.78 out of 5 stars

Finance Sector

365th out of 1,930 stocks

Insurance Agents, Brokers, & Service Industry

7th out of 28 stocks

Analyst Opinion: 1.3Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Brown & Brown (NYSE:BRO) Frequently Asked Questions

Is Brown & Brown a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Brown & Brown stock.
View analyst ratings for Brown & Brown
or view top-rated stocks.

What stocks does MarketBeat like better than Brown & Brown?

Wall Street analysts have given Brown & Brown a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Brown & Brown wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Brown & Brown's next earnings date?

Brown & Brown is scheduled to release its next quarterly earnings announcement on Monday, July 26th 2021.
View our earnings forecast for Brown & Brown
.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) posted its quarterly earnings results on Sunday, April, 25th. The financial services provider reported $0.70 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.56 by $0.14. The financial services provider had revenue of $815.30 million for the quarter, compared to analyst estimates of $755.74 million. Brown & Brown had a trailing twelve-month return on equity of 13.26% and a net margin of 18.02%. The company's quarterly revenue was up 16.7% on a year-over-year basis. During the same period last year, the firm earned $0.51 EPS.
View Brown & Brown's earnings history
.

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 (WHO). Since then, BRO stock has increased by 25.6% and is now trading at $52.23.
View which stocks have been most impacted by COVID-19
.

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

Brown & Brown declared a quarterly dividend on Monday, April 26th. Stockholders of record on Monday, May 10th will be paid a dividend of $0.093 per share on Wednesday, May 19th. This represents a $0.37 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Friday, May 7th. This is a positive change 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 $0.37 per share and currently has a dividend yield of 0.70%. Brown & Brown has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Brown & Brown is 26.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Brown & Brown will have a dividend payout ratio of 21.51% 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 Thursday, March 29th 2018. The 2-1 split was announced on Monday, February 26th 2018. The newly issued shares were issued 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.

What price target have analysts set for BRO?

8 Wall Street analysts have issued 12-month target prices for Brown & Brown's stock. Their forecasts range from $50.00 to $60.00. On average, they anticipate Brown & Brown's share price to reach $53.63 in the next twelve months. This suggests a possible upside of 2.7% 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 53, Pay $4.31M)
  • Mr. R. Andrew Watts, Exec. VP, CFO & Treasurer (Age 52, Pay $1.71M)
  • Mr. J. Scott Penny C.I.C., CIC, Exec. VP & Chief Acquisitions Officer (Age 54, Pay $1.95M)
  • Mr. Anthony T. Strianese, Exec. VP & Chairman of Wholesale Brokerage Segment (Leave of Absence) (Age 59, Pay $1.9M)
  • Mr. Chris L. Walker, Exec. VP & Pres of National Programs Segment (Age 63, Pay $2.58M)
  • Mr. Gray Nester, Chief Information Officer
  • Mr. Robert W. Lloyd C.I.C., C.P.C.U., ESQ., CIC, Exec. VP, Gen. Counsel & Corp. Sec. (Age 56)
  • Jenny Goco, Director of Communications
  • Ms. Julie L. Turpin, Sr. VP & Chief People Officer
  • Mr. Sam R. Boone Jr., Sr. VP (Age 67)

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.

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 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.72%), Principal Financial Group Inc. (3.12%), First Eagle Investment Management LLC (2.97%), Price T Rowe Associates Inc. MD (1.93%), NN Investment Partners Holdings N.V. (1.37%) and APG Asset Management N.V. (1.26%). Company insiders that own Brown & Brown stock include Chris L Walker, H Palmer Proctor Jr, Hyatt J Brown, James Charles Hays, Jerome Scott Penny and Robert W Lloyd.
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 Victory Capital Management Inc., Prospector Partners LLC, Janus Henderson Group PLC, Diamond Hill Capital Management Inc., UBS Asset Management Americas Inc., Aviva PLC, Retirement Systems of Alabama, and BlackRock Inc.. Company insiders that have sold Brown & Brown company stock in the last year include Hyatt J Brown, and Robert W Lloyd.
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 CIBC Private Wealth Group LLC, Virginia Retirement Systems ET AL, Renaissance Technologies LLC, Assenagon Asset Management S.A., Arrowstreet Capital Limited Partnership, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Scout Investments Inc., and MUFG Securities EMEA 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 $52.23.

How much money does Brown & Brown make?

Brown & Brown has a market capitalization of $14.72 billion and generates $2.39 billion in revenue each year. The financial services provider earns $398.51 million in net income (profit) each year or $1.40 on an earnings per share basis.

How many employees does Brown & Brown have?

Brown & Brown employs 10,843 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.


This page was last updated on 5/18/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.