S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
NYSE:BRO

Brown & Brown Stock Forecast, Price & News

$64.61
+1.48 (+2.34%)
(As of 01/24/2022 04:00 PM ET)
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Today's Range
$61.94
$64.95
50-Day Range
$63.13
$70.28
52-Week Range
$42.72
$70.75
Volume
2.44 million shs
Average Volume
1.62 million shs
Market Capitalization
$18.25 billion
P/E Ratio
31.52
Dividend Yield
0.65%
Beta
0.73
30 days | 90 days | 365 days | Advanced Chart
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Brown & Brown logo

About Brown & Brown

Brown & Brown, Inc. is an insurance agency, wholesale brokerage, insurance programs and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail Segment receives fees in lieu of commissions. The National Programs segment acts as a managing general agent and provides professional liability and related package products for certain professionals, a range of insurance products for individuals, flood coverage, and targeted products and services designated for specific industries, trade groups, governmental entities and market niches. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance, primarily through independent agents and brokers, as well as company's retail agents. The Services segment provides insurance-related services, including third-party claims administration and comprehensive medical utilization management services in both the workers' compensation and all-lines liability arenas, as well as medicare Set-aside services, social securi

Headlines

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Industry, Sector and Symbol

Industry
Insurance agents, brokers, & service
Sub-Industry
Insurance Brokers
Sector
Finance
CUSIP
11523610
Employees
5,764
Year Founded
1939

Sales & Book Value

Annual Sales
$2.61 billion
Cash Flow
$2.11 per share
Book Value
$13.22 per share

Profitability

Net Income
$480.48 million
Pretax Margin
25.48%

Debt

Price-To-Earnings

Miscellaneous

Free Float
234,358,000
Market Cap
$18.25 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 11/17 Dividend
11/02/2021
Dividend Payable
11/17/2021
Last Earnings
1/24/2022
Today
1/25/2022
Ex-Dividend for 2/16 Dividend
2/03/2022
Dividend Payable
2/16/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.28 out of 5 stars

Finance Sector

478th out of 1,355 stocks

Insurance Agents, Brokers, & Service Industry

12th out of 25 stocks

Analyst Opinion: 1.2Community Rank: 3.7Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -












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 twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Brown & Brown stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRO, but not buy additional shares or sell existing shares.
View analyst ratings for Brown & Brown
or view top-rated stocks.

How has Brown & Brown's stock been impacted by Coronavirus (COVID-19)?

Brown & Brown's stock was trading at $41.60 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BRO stock has increased by 55.3% and is now trading at $64.61.
View which stocks have been most impacted by COVID-19
.

How can I listen to Brown & Brown's earnings call?

Brown & Brown will be holding an earnings conference call on Tuesday, January 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 719-457-0820 with passcode "9164382".

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) issued its earnings results on Monday, January, 24th. The financial services provider reported $0.42 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.39 by $0.03. The financial services provider had revenue of $738.50 million for the quarter, compared to analyst estimates of $725.36 million. Brown & Brown had a net margin of 19.72% and a trailing twelve-month return on equity of 15.19%. The firm's quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 earnings per share.
View Brown & Brown's earnings history
.

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

Brown & Brown declared a quarterly dividend on Thursday, January 20th. Stockholders of record on Friday, February 4th will be paid a dividend of $0.1025 per share on Wednesday, February 16th. This represents a $0.41 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date is Thursday, February 3rd.
View Brown & Brown's dividend history
.

Is Brown & Brown a good dividend stock?

Brown & Brown pays an annual dividend of $0.41 per share and currently has a dividend yield of 0.65%. Brown & Brown has been increasing its dividend for 28 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Brown & Brown is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Brown & Brown will have a dividend payout ratio of 17.90% 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?

Shares of Brown & Brown split before market open on Thursday, March 29th 2018. The 2-1 split was announced on Monday, February 26th 2018. The newly issued shares were payable to shareholders after the market closes 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 brokerages have issued 12-month target prices for Brown & Brown's stock. Their forecasts range from $55.00 to $77.00. On average, they anticipate Brown & Brown's share price to reach $66.75 in the next year. This suggests a possible upside of 3.3% 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:
  • J. Powell Brown, President, Chief Executive Officer & Director
  • Richard A. Freebourn, Senior Vice President-Internal Operations
  • R. Andrew Watts, Chief Financial Officer, Treasurer & Executive VP
  • Gray Nester, Chief Information Officer & Executive VP
  • Jerome Scott Penny, Chief Acquisitions Officer & Executive VP

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.

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 retail and institutional investors. Top institutional investors include Fenimore Asset Management Inc. (1.02%), Scout Investments Inc. (0.43%), Confluence Investment Management LLC (0.26%), Vaughan Nelson Investment Management L.P. (0.25%), Tandem Investment Advisors Inc. (0.22%) and Boston Trust Walden Corp (0.22%). Company insiders that own Brown & Brown stock include Chris L Walker, H Palmer Proctor Jr, Hyatt J Brown, James Charles Hays, Robert W Lloyd and Stephen M Boyd.
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 Vaughan Nelson Investment Management L.P., Confluence Investment Management LLC, Fenimore Asset Management Inc., Gulf International Bank UK Ltd, Boston Trust Walden Corp, Park National Corp OH, New York State Teachers Retirement System, and IBM Retirement Fund. Company insiders that have sold Brown & Brown company stock in the last year include Hyatt J Brown, Robert W Lloyd, and Stephen M Boyd.
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 acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Ferguson Wellman Capital Management Inc., Vancity Investment Management Ltd, Russell Investments Group Ltd., Spring Capital Management LLC, Gateway Investment Advisers LLC, Segantii Capital Management Ltd, and Strs Ohio. 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 $64.61.

How much money does Brown & Brown make?

Brown & Brown has a market capitalization of $18.25 billion and generates $2.61 billion in revenue each year. The financial services provider earns $480.48 million in net income (profit) each year or $2.05 on an earnings per share basis.

How many employees does Brown & Brown have?

Brown & Brown employs 5,764 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 or via fax at 386-239-5729.


This page was last updated on 1/25/2022 by MarketBeat.com Staff

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