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

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$32.03 +0.12 (+0.38 %)
(As of 05/23/2019 06:49 AM ET)
Previous Close$31.91
Today's Range$31.67 - $32.07
52-Week Range$25.72 - $32.54
Volume527,979 shs
Average Volume1.03 million shs
Market Capitalization$9.03 billion
P/E Ratio26.04
Dividend Yield1.00%
Beta0.75
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. 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 dentists, oral surgeons, hygienists, lawyers, optometrists, opticians, ophthalmologists, insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate title agents, and escrow agents, 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. Brown & Brown, Inc. was founded in 1939 and is headquartered in Daytona Beach, Florida.

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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$2.01 billion
Cash Flow$1.6468 per share
Book Value$10.99 per share

Profitability

Net Income$344.26 million

Miscellaneous

Employees9,590
Market Cap$9.03 billion
Next Earnings Date7/22/2019 (Estimated)
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 announced a quarterly dividend on Monday, April 22nd. Shareholders of record on Wednesday, May 8th will be given a dividend of $0.08 per share on Friday, May 17th. This represents a $0.32 annualized dividend and a yield of 1.00%. The ex-dividend date of this dividend is Tuesday, May 7th. 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 the morning of 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.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) issued its quarterly earnings results on Monday, April, 22nd. The financial services provider reported $0.41 EPS for the quarter, topping the consensus estimate of $0.36 by $0.05. The financial services provider earned $617.50 million during the quarter, compared to the consensus estimate of $600.51 million. Brown & Brown had a net margin of 17.23% and a return on equity of 12.47%. The firm's quarterly revenue was up 23.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 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, July 22nd 2019. View Earnings Estimates for Brown & Brown.

What price target have analysts set for BRO?

8 equities research analysts have issued 12 month price targets for Brown & Brown's stock. Their forecasts range from $26.00 to $36.00. On average, they anticipate Brown & Brown's share price to reach $29.6250 in the next year. This suggests that the stock has a possible downside of 7.5%. View Analyst Price Targets for Brown & Brown.

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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 3 sell ratings, 4 hold ratings and 1 buy rating 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 articles about BRO stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Brown & Brown earned a media sentiment score of -3.5 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.

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 Bank of America (BAC), Mcdonald's (MCD), CVS Health (CVS), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Procter & Gamble (PG), Netflix (NFLX), Starbucks (SBUX), Abbott Laboratories (ABT) and Johnson & Johnson (JNJ).

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 investors include BlackRock Inc. (7.68%), Wells Fargo & Company MN (4.24%), First Eagle Investment Management LLC (4.02%), Principal Financial Group Inc. (3.50%), Select Equity Group L.P. (3.31%) and Clarkston Capital Partners LLC (1.75%). Company insiders that own Brown & Brown stock include Anthony T Strianese, Hyatt J Brown, Michael Waldkirch, 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 Victory Capital Management Inc., Renaissance Technologies LLC, Marshall Wace North America L.P., Wells Fargo & Company MN, Federated Investors Inc. PA, First Eagle Investment Management LLC, Diamond Hill Capital Management Inc. and Martingale Asset Management L P. 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 acquired by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, BlackRock Inc., Goldman Sachs Group Inc., Amundi Pioneer Asset Management Inc., Fenimore Asset Management Inc., Jefferies Group LLC, Charles Schwab Investment Management Inc. and BlueCrest Capital Management Ltd. 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, Scottrade, Fidelity and Charles Schwab.

What is Brown & Brown's stock price today?

One share of BRO stock can currently be purchased for approximately $32.03.

How big of a company is Brown & Brown?

Brown & Brown has a market capitalization of $9.03 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.

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:  304 (Vote Outperform)
Underperform Votes:  463 (Vote Underperform)
Total Votes:  767
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 5/23/2019 by MarketBeat.com Staff

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