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NYSE:BROBrown & Brown Stock Price, Forecast & News

$33.41
-1.45 (-4.16 %)
(As of 04/5/2020 03:44 PM ET)
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Today's Range
$33.24
Now: $33.41
$35.32
50-Day Range
$31.66
MA: $41.87
$48.51
52-Week Range
$29.62
Now: $33.41
$48.69
Volume1.15 million shs
Average Volume2.36 million shs
Market Capitalization$9.41 billion
P/E Ratio23.70
Dividend Yield0.98%
Beta0.78
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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Beat the Market (BTM) Rank

Analyst Opinion: 4.1Community Rank: 2.0Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.54 out of 5 stars


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$2.39 billion
Cash Flow$1.80 per share
Book Value$11.91 per share

Profitability

Net Income$398.51 million

Miscellaneous

Employees10,083
Market Cap$9.41 billion
Next Earnings Date4/27/2020 (Confirmed)
OptionableOptionable

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Brown & Brown (NYSE:BRO) Frequently Asked Questions

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

Brown & Brown's stock was trading at $41.60 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BRO shares have decreased by 19.7% and is now trading at $33.41. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Brown & Brown?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown & Brown in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Brown & Brown.

When is Brown & Brown's next earnings date?

Brown & Brown is scheduled to release its next quarterly earnings announcement on Monday, April 27th 2020. View our earnings forecast for Brown & Brown.

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

Brown & Brown will be holding an earnings conference call on Monday, April 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) issued its quarterly earnings results on Monday, January, 27th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.01. The financial services provider had revenue of $579 million for the quarter, compared to analyst estimates of $563.56 million. Brown & Brown had a net margin of 16.66% and a return on equity of 12.23%. The company's revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.27 EPS. 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 Wednesday, January 22nd. Shareholders of record on Wednesday, February 5th will be paid a dividend of $0.085 per share on Wednesday, February 19th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend is Tuesday, February 4th. View Brown & Brown's dividend history.

When did Brown & Brown's stock split? How did Brown & Brown's stock split work?

Brown & Brown shares 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 distributed 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?

7 equities research analysts have issued 1 year price targets for Brown & Brown's stock. Their forecasts range from $30.00 to $52.00. On average, they expect Brown & Brown's stock price to reach $42.17 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View analysts' price targets for Brown & Brown.

Has Brown & Brown been receiving favorable news coverage?

Media stories about BRO stock have trended very negative on Sunday, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Brown & Brown earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutBrown & Brown.

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 Verizon Communications (VZ), Mastercard (MA), Boeing (BA), Johnson & Johnson (JNJ), Mcdonald's (MCD), 3M (MMM), Altria Group (MO), AT&T (T), Lam Research (LRCX) and NVIDIA (NVDA).

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 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)

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 investors include Park National Corp OH (0.03%) and Orrstown Financial Services Inc. (0.01%). Company insiders that own Brown & Brown stock include Anthony T Strianese, Chris L Walker, H Palmer Proctor Jr, Jerome Scott Penny 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 Park National Corp OH, and Orrstown Financial Services Inc.. Company insiders that have sold Brown & Brown company stock in the last year include Chris L Walker, and Jerome Scott Penny. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Brown & Brown's stock price today?

One share of BRO stock can currently be purchased for approximately $33.41.

How big of a company is Brown & Brown?

Brown & Brown has a market capitalization of $9.41 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. Brown & Brown employs 10,083 workers across the globe. View additional information about Brown & Brown.

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.

This page was last updated on 4/5/2020 by MarketBeat.com Staff

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