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

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$27.51 -0.11 (-0.40 %)
(As of 12/17/2018 01:07 PM ET)
Previous Close$27.62
Today's Range$27.22 - $27.72
52-Week Range$24.34 - $31.55
Volume33,973 shs
Average Volume890,816 shs
Market Capitalization$7.71 billion
P/E Ratio28.77
Dividend Yield1.16%
Beta0.75
Brown & Brown, Inc. markets and sells insurance products in the United States, England, Canada, Bermuda, and the Cayman Islands. Its Retail segment offers property insurance relating to physical damage to property and resultant interruption of business, or extra expense caused by fire, windstorm, or other perils; casualty insurance relating to legal liabilities, professional liability, cyber-liability, workers' compensation, and commercial and private passenger automobile coverages; fidelity and surety bonds; and life, accident, disability, health, hospitalization, medical, dental, and other ancillary insurance products, as well as risk management, loss control surveys and analysis, consultation, and claims processing services. Its National Programs segment offers professional liability and related package insurance products for dentists, oral surgeons, hygienists, lawyers, certified public accountants, optometrists, opticians, ophthalmologists, insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate brokers and 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. Its Wholesale Brokerage segment markets and sells excess and surplus commercial insurance products to retail insurance agencies. Its 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Insurance agents, brokers, & service
Sub-IndustryInsurance Brokers
SectorFinance
Current SymbolNYSE:BRO
Previous Symbol
CUSIP11523610
Phone386-252-9601

Debt

Debt-to-Equity Ratio0.28
Current Ratio0.96
Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio28.77
Forward P/E Ratio22.37
P/E Growth2.24

Sales & Book Value

Annual Sales$1.88 billion
Price / Sales4.08
Cash Flow$1.3922 per share
Price / Cash Flow19.76
Book Value$9.35 per share
Price / Book2.94

Profitability

EPS (Most Recent Fiscal Year)$0.96
Net Income$399.63 million
Net Margins23.15%
Return on Equity12.36%
Return on Assets6.01%

Miscellaneous

Employees1,990
Outstanding Shares279,210,000
Market Cap$7.71 billion
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 Wednesday, October 10th. Investors of record on Friday, October 26th will be paid a dividend of $0.08 per share on Wednesday, November 7th. This represents a $0.32 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend is Thursday, October 25th. This is a boost from Brown & Brown's previous quarterly dividend of $0.08. 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 created shares were payable 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 earnings results on Monday, October, 22nd. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters' 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 return on equity of 12.36% and a net margin of 23.15%. Brown & Brown's quarterly revenue was up 11.6% compared to the same quarter last year. During the same period last year, the business earned $0.27 earnings per share. 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, January 28th 2019. View Earnings Estimates for Brown & Brown.

What price target have analysts set for BRO?

11 analysts have issued 1-year target prices for Brown & Brown's shares. Their forecasts range from $26.00 to $33.00. On average, they anticipate Brown & Brown's share price to reach $29.00 in the next year. This suggests a possible upside of 5.1% from the stock's current price. View Analyst Price Targets for Brown & Brown.

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 3 sell ratings, 5 hold ratings and 3 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?

Press coverage about BRO stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Brown & Brown earned a coverage optimism score of 1.0 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are some of Brown & Brown's key competitors?

Who are Brown & Brown's key executives?

Brown & Brown's management team includes the folowing people:
  • Mr. J. Powell Brown, CEO, Pres & Director (Age 50)
  • Mr. R. Andrew Watts, Exec. VP, CFO & Treasurer (Age 49)
  • Mr. J. Scott Penny CIC, Exec. VP & Chief Acquisitions Officer (Age 51)
  • Mr. Anthony T. Strianese, Exec. VP & Pres of Wholesale Brokerage Division (Age 56)
  • Mr. Chris L. Walker, Exec. VP & Pres of National Programs Division (Age 60)

Who are Brown & Brown's major shareholders?

Brown & Brown's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc (8.67%), BlackRock Inc. (7.35%), Wells Fargo & Company MN (4.37%), First Eagle Investment Management LLC (4.13%), Select Equity Group L.P. (2.96%) and Victory Capital Management Inc. (2.30%). Company insiders that own Brown & Brown stock include Anthony T Strianese, Hyatt J Brown, Michael Waldkirch and Richard Silas. 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 First Eagle Investment Management LLC, Vaughan Nelson Investment Management L.P., Marshall Wace North America L.P., Diamond Hill Capital Management Inc., Thrivent Financial for Lutherans, FMR LLC, Martingale Asset Management L P and AQR Capital Management LLC. Company insiders that have sold Brown & Brown company stock in the last year include Anthony T Strianese and Hyatt J Brown. View Insider Buying and Selling for Brown & Brown.

Which major investors are buying Brown & Brown stock?

BRO stock was acquired by a variety of institutional investors in the last quarter, including Select Equity Group L.P., Federated Investors Inc. PA, Victory Capital Management Inc., Vanguard Group Inc, Marshall Wace LLP, Citadel Advisors LLC, BlackRock Inc. and Bessemer 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, Scottrade, Fidelity and Charles Schwab.

What is Brown & Brown's stock price today?

One share of BRO stock can currently be purchased for approximately $27.60.

How big of a company is Brown & Brown?

Brown & Brown has a market capitalization of $7.71 billion and generates $1.88 billion in revenue each year. The financial services provider earns $399.63 million in net income (profit) each year or $0.96 on an earnings per share basis. Brown & Brown employs 1,990 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 S. RIDGEWOOD AVE., 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:  290 (Vote Outperform)
Underperform Votes:  435 (Vote Underperform)
Total Votes:  725
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 12/17/2018 by MarketBeat.com Staff

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