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

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$29.06 +0.58 (+2.04 %)
(As of 02/18/2019 04:00 PM ET)
Previous Close$28.48
Today's Range$28.62 - $29.06
52-Week Range$24.34 - $31.55
Volume1.24 million shs
Average Volume1.27 million shs
Market Capitalization$8.11 billion
P/E Ratio23.63
Dividend Yield1.12%
Beta0.66
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

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$1.6759 per share
Book Value$10.75 per share

Profitability

Net Income$344.30 million

Miscellaneous

Employees1,990
Market Cap$8.11 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 announced a quarterly dividend on Thursday, January 24th. Investors of record on Wednesday, February 6th will be paid a dividend of $0.08 per share on Wednesday, February 20th. This represents a $0.32 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Tuesday, February 5th. 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 before market open 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 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.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) issued its quarterly earnings results on Monday, January, 28th. The financial services provider reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by $0.01. The financial services provider had revenue of $508.70 million for the quarter, compared to analyst estimates of $503.52 million. Brown & Brown had a net margin of 17.09% and a return on equity of 12.03%. The business's quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the business posted $0.24 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, April 22nd 2019. View Earnings Estimates for Brown & Brown.

What price target have analysts set for BRO?

10 brokers have issued twelve-month price objectives for Brown & Brown's shares. Their forecasts range from $26.00 to $33.00. On average, they expect Brown & Brown's stock price to reach $29.00 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets for Brown & Brown.

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

10 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 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 stories about BRO stock have been trending positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Brown & Brown earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the near future.

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 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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.65%), Principal Financial Group Inc. (3.54%), Victory Capital Management Inc. (2.16%), Clarkston Capital Partners LLC (1.74%), Bank of New York Mellon Corp (1.02%) and Fenimore Asset Management Inc. (1.01%). 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 institutional investors are selling Brown & Brown stock?

BRO stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Victory Capital Management Inc., Bessemer Group Inc., Principal Financial Group Inc., Lord Abbett & CO. LLC, Diamond Hill Capital Management Inc., D. E. Shaw & Co. Inc. and Barclays PLC. 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 institutional investors are buying Brown & Brown stock?

BRO stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, BlackRock Inc., Vaughan Nelson Investment Management L.P., Retirement Systems of Alabama, Bank of New York Mellon Corp, Bank of Nova Scotia, Polar Capital LLP and Rhumbline Advisers. 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 $29.06.

How big of a company is Brown & Brown?

Brown & Brown has a market capitalization of $8.11 billion and generates $2.01 billion in revenue each year. The financial services provider earns $344.30 million in net income (profit) each year or $1.23 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:  293 (Vote Outperform)
Underperform Votes:  446 (Vote Underperform)
Total Votes:  739
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 2/18/2019 by MarketBeat.com Staff

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