Brown & Brown (BRO) Stock Price, News & Analysis

Company Overview

Brown & Brown, Inc. is an insurance agency, wholesale brokerage, insurance program 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 the 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 security disability and Medicare benefits advocacy services and claims adjusting services. The company was founded by J. Adrian Brown and Charles Covington Owen in 1939 and is headquartered in Daytona Beach, FL.

Key Stats

• Today's Range: $105.62 to $106.74
• 50-Day Range: $100.54 to $113.43
• 52-Week Range: $74.69 to $114.15
• Volume: 1.84 million shs
• Average Volume: 1.64 million shs
• Market Capitalization: $30.24 billion
• P/E Ratio: 28.81
• Dividend Yield: 0.57%
• Price Target: $112.08
• Consensus Rating: Moderate Buy

Brown & Brown Stock Analysis - MarketRank™

Brown & Brown scored higher than 83% of companies evaluated by MarketBeat, and ranked 267th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Brown & Brown has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 4 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Brown & Brown has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 9.89%

Earnings Growth

Earnings for Brown & Brown are expected to grow by 9.89% in the coming year, from $3.74 to $4.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Brown & Brown is 28.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.77.

Price to Earnings Ratio vs. Sector

The P/E ratio of Brown & Brown is 28.81, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 25.03.

Price to Earnings Growth Ratio

Brown & Brown has a PEG Ratio of 2.21. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Brown & Brown has a P/B Ratio of 5.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.03% of the float of Brown & Brown has been sold short.

Short Interest Ratio / Days to Cover

Brown & Brown has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Brown & Brown has recently increased by 16.22%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Brown & Brown has a dividend yield of 0.57%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Brown & Brown does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Brown & Brown is 16.35%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Brown & Brown will have a dividend payout ratio of 14.60% next year. This indicates that Brown & Brown will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.5 / 5
• Environmental Score: -0.58

Percentage of Shares Shorted

2.03% of the float of Brown & Brown has been sold short.

Short Interest Ratio / Days to Cover

Brown & Brown has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Brown & Brown has recently increased by 16.22%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.79

News Sentiment

Brown & Brown has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for Brown & Brown this week, compared to 51 articles on an average week.

Search Interest

Only 6 people have searched for BRO on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

46 people have added Brown & Brown to their MarketBeat watchlist in the last 30 days. This is an increase of 39% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Brown & Brown insiders have not sold or bought any company stock.

Percentage Held by Insiders

16.43% of the stock of Brown & Brown is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

71.01% of the stock of Brown & Brown is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BRO Stock Analysis - Frequently Asked Questions

How have BRO shares performed this year?

Brown & Brown's stock was trading at $102.02 at the start of the year. Since then, BRO shares have increased by 3.7% and is now trading at $105.7470.
View the best growth stocks for 2025 here.

How were Brown & Brown's earnings last quarter?

Brown & Brown, Inc. (NYSE:BRO) released its quarterly earnings results on Monday, October, 28th. The financial services provider reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.03. The business's quarterly revenue was up 11.0% on a year-over-year basis.

When did Brown & Brown's stock split?

Brown & Brown shares split on Thursday, March 29th 2018. The 2-1 split was announced on Monday, February 26th 2018. The newly issued shares were distributed to shareholders after the closing bell on Wednesday, March 28th 2018. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are Brown & Brown's major shareholders?

Brown & Brown's top institutional investors include Fenimore Asset Management Inc (0.80%), Confluence Investment Management LLC (0.18%), Janney Montgomery Scott LLC (0.10%) and Assenagon Asset Management S.A. (0.10%). Insiders that own company stock include R Andrew Watts, Stephen M Boyd, Hugh M Brown, H Palmer Proctor Jr, Julie Turpin, Lawrence L Gellerstedt III, Bronislaw Edmund Masojada and Hyatt J Brown.
View institutional ownership trends.

How do I buy shares of Brown & Brown?

Shares of BRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Brown & Brown own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Brown & Brown investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 10/28/2024
• Ex-Dividend for 11/13 Dividend: 11/06/2024
• Dividend Payable: 11/13/2024
• Today: 1/21/2025
• Next Earnings (Estimated): 1/27/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Insurance agents, brokers, & service
• Sub-Industry: Insurance Brokers
• Current Symbol: NYSE:BRO
• CUSIP: 11523610
• CIK: 79282
• Web: www.bbinsurance.com
• Phone: (386) 252-9601
• Fax: 386-239-5729
• Employees: 9,705
• Year Founded: 1939

Price Target and Rating

• Average Stock Price Target: $112.08
• High Stock Price Target: $134.00
• Low Stock Price Target: $94.00
• Potential Upside/Downside: +6.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.67
• Trailing P/E Ratio: 28.81
• Forward P/E Ratio: 28.27
• P/E Growth: 2.21
• Net Income: $870.50 million
• Net Margins: 22.65%
• Pretax Margin: 29.76%
• Return on Equity: 17.12%
• Return on Assets: 6.47%

Debt

• Debt-to-Equity Ratio: 0.52
• Current Ratio: 1.73
• Quick Ratio: 1.73

Sales & Book Value

• Annual Sales: $4.26 billion
• Price / Sales: 7.10
• Cash Flow: $3.07 per share
• Price / Cash Flow: 34.40
• Book Value: $19.60 per share
• Price / Book: 5.40

Miscellaneous

• Outstanding Shares: 285,960,000
• Free Float: 238,975,000
• Market Cap: $30.24 billion
• Optionable: Optionable
• Beta: 0.85