Brown & Brown, Inc. (BRO)
| Market Cap | 29.43B |
| Revenue (ttm) | 4.56B |
| Net Income (ttm) | 1.04B |
| Shares Out | 285.96M |
| EPS (ttm) | 3.67 |
| PE Ratio | 28.04 |
| Forward PE | 25.59 |
| Dividend | $0.60 (0.58%) |
| Ex-Dividend Date | Nov 6, 2024 |
| Volume | 1,031,981 |
| Open | 102.30 |
| Previous Close | 102.30 |
| Day's Range | 101.91 - 103.86 |
| 52-Week Range | 69.24 - 114.15 |
| Beta | 0.83 |
| Analysts | Buy |
| Price Target | 110.08 (+6.95%) |
| Earnings Date | Jan 21, 2025 |
About BRO
Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment provides property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public ... [Read more]
Financial Performance
In 2023, Brown & Brown's revenue was $4.20 billion, an increase of 17.88% compared to the previous year's $3.57 billion. Earnings were $857.20 million, an increase of 30.06%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for BRO stock is "Buy." The 12-month stock price forecast is $110.08, which is an increase of 6.95% from the latest price.
News
Bridge Specialty Group, LLC acquires the assets of American Risk Management Resources Network
DAYTONA BEACH, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and David Dybdahl and Cynthia Statz, owners of American Risk Manage...
Brown & Brown, Inc. earns 2025 Military Friendly® Employer designation
DAYTONA BEACH, Fla., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) is proud to announce that our team of companies earned the 2025 Military Friendly® Employer designation.
Brown & Brown, Inc. announces Paul Gallagher as controller
DAYTONA BEACH, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the “Company”) has announced the appointment of Paul Gallagher, CPA, as its controller.
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Brown & Brown, Inc. completes the acquisition of Quintes Holding B.V.
DAYTONA BEACH, Fla., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the “Company”) today announced the completion of the previously announced acquisition of the insurance operation...
16 Upcoming Dividend Increases
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Brown & Brown, Inc. (BRO) Q3 2024 Earnings Call Transcript
Brown & Brown, Inc. (NYSE:BRO) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Powell Brown - President and CEO Andy Watts - EVP, CFO and Treasurer Conference Call P...
Brown & Brown, Inc. announces third quarter 2024 results, including total revenues of $1.2 billion, an increase of 11.0%; Organic Revenue growth of 9.5%; diluted net income per share of $0.81; and Diluted Net Income Per Share - Adjusted of $0.91
DAYTONA BEACH, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the third quarter of 2024.
Brown & Brown, Inc. announces 15% increase in quarterly cash dividend rate
DAYTONA BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) today announced that the board of directors has declared a regular quarterly cash dividend of $0.15 per share. Th...
Cylinder Partners with Brown & Brown to Expand Access to Digestive Health Solutions
CHICAGO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Cylinder , the employee benefit provider for digestive health, today announced it entered a partnership with Brown & Brown , a top insurance brokerage and ri...
Brown & Brown, Inc. acquires the assets of The Canopy Group
DAYTONA BEACH, Fla., Oct. 03, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Paul Borchert and Jeff McDonald, principals of The Canopy Group...
Brown & Brown, Inc. announces 2024 third-quarter earnings release and conference call dates
DAYTONA BEACH, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2024 third-quarter earnings on Monday, October 28, 2024, after the close of the ma...
Brown & Brown, Inc. announces senior leadership team appointments
DAYTONA BEACH, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the “Company”) has announced the appointment of Mike Neal and Mark Abate to the Company's senior leadership tea...
Brown & Brown, Inc. included on the 2024 Fortune Best Workplaces in Financial Services & Insurance™ list for the fifth consecutive year
DAYTONA BEACH, Fla., Sept. 12, 2024 (GLOBE NEWSWIRE) -- J. Powell Brown, president and chief executive officer, and Julie Turpin, chief people officer, are proud to announce that Brown & Brown, Inc. (...
Stephen P. Hearn named to Brown & Brown, Inc. board of directors
DAYTONA BEACH, Fla., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces the addition of insurance industry veteran Stephen (“Steve”) P. Hearn to Brown & Brown's board of direc...
Brown & Brown, Inc. enters into an agreement to acquire Quintes Holding B.V.
DAYTONA BEACH, Fla., July 29, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), Aquiline Capital Partners, Gijsbert van de Nieuwegiessen and the ma...
Brown & Brown, Inc. (BRO) Q2 2024 Earnings Call Transcript
Brown & Brown, Inc. (NYSE:BRO) Q2 2024 Earnings Conference Call July 23, 2024 8:00 AM ET Company Participants Powell Brown - President and CEO Andy Watts - EVP, CFO and Treasurer Conference Call Part...
Brown & Brown's quarterly profit jumps 35% on higher commissions, fees
Insurance brokerage Brown & Brown's second-quarter profit increased about 35% on Monday as the company earned higher commissions and fees along with robust returns on its investments.
Brown & Brown, Inc. announces second quarter 2024 results, including total revenues of $1.2 billion, an increase of 12.5%; Organic Revenue growth of 10.0%; diluted net income per share of $0.90; and Diluted Net Income Per Share - Adjusted of $0.93
DAYTONA BEACH, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the second quarter of 2024.
How To Earn $500 A Month From Brown & Brown Stock Ahead Of Q2 Earnings
Brown & Brown, Inc. BRO will release its second-quarter financial results, after the closing bell on Monday, July 22.
Brown & Brown, Inc. included on 2024 Fortune Best Workplaces for Millennials™ list
DAYTONA BEACH, Fla., July 18, 2024 (GLOBE NEWSWIRE) -- J. Powell Brown, president and chief executive officer, and Julie Turpin, chief people officer, are pleased to announce that Great Place To Work®...
Brown & Brown, Inc. Announces Quarterly Cash Dividend
DAYTONA BEACH, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.13 per share. The divi...
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Brown & Brown, Inc. announces 2024 second-quarter earnings release and conference call dates
DAYTONA BEACH, Fla., July 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2024 second-quarter earnings on Monday, July 22, 2024, after the close of the marke...