Brown & Brown, Inc. (BRO)

NYSE: BRO · Real-Time Price · USD
104.66
-0.80 (-0.76%)
Jan 31, 2025, 4:00 PM EST - Market closed
-0.76%
Market Cap 29.93B
Revenue (ttm) 4.71B
Net Income (ttm) 993.00M
Shares Out 285.96M
EPS (ttm) 3.46
PE Ratio 30.25
Forward PE 25.16
Dividend $0.60 (0.57%)
Ex-Dividend Date Feb 5, 2025
Volume 1,782,525
Open 105.09
Previous Close 105.46
Day's Range 104.52 - 106.03
52-Week Range 77.12 - 114.15
Beta 0.85
Analysts Buy
Price Target 111.58 (+6.61%)
Earnings Date Jan 27, 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]

Sector Financials
Founded 1939
Employees 16,152
Stock Exchange NYSE
Ticker Symbol BRO
Full Company Profile

Financial Performance

In 2024, Brown & Brown's revenue was $4.71 billion, an increase of 12.07% compared to the previous year's $4.20 billion. Earnings were $993.00 million, an increase of 15.84%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for BRO stock is "Buy." The 12-month stock price forecast is $111.58, which is an increase of 6.61% from the latest price.

Price Target
$111.58
(6.61% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Brown & Brown, Inc. (BRO) Q4 2024 Earnings Call Transcript

Brown & Brown, Inc. (NYSE:BRO) Q4 2024 Earnings Conference Call January 28, 2025 8:00 AM ET Company Participants Powell Brown - President & CEO Andy Watts - EVP, CFO & Treasurer Conference Call Parti...

4 days ago - Seeking Alpha

Brown & Brown, Inc. announces fourth quarter 2024 results, including total revenues of $1.2 billion, an increase of 15.4%; Organic Revenue growth of 13.8%; diluted net income per share of $0.73; and Diluted Net Income Per Share - Adjusted of $0.86

DAYTONA BEACH, Fla., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the fourth quarter and full year of 2024.

5 days ago - GlobeNewsWire

Brown & Brown Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Brown & Brown, Inc. BRO will release earnings results for its fourth quarter, after the closing bell on Monday, Jan. 27, 2025.

5 days ago - Benzinga

Brown & Brown, Inc. announces quarterly cash dividend

DAYTONA BEACH, Fla., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.15 per share. The divi...

10 days ago - GlobeNewsWire

Our Top 10 High-Growth Dividend Stocks -- January 2025

This monthly article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitati...

14 days ago - Seeking Alpha

Brown & Brown, Inc. announces 2024 fourth-quarter earnings release and conference call dates

DAYTONA BEACH, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2024 fourth-quarter earnings on Monday, January 27, 2025, after the close of the ma...

26 days ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire

17 Upcoming Dividend Increases

This week, 17 companies with an average dividend increase of 8.3% are highlighted, emphasizing consistent dividend growth and outperforming benchmarks. My investment strategy focuses on buying, holdin...

3 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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.

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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. (...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - Seeking Alpha

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.

6 months ago - Reuters

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.

6 months ago - GlobeNewsWire

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.

6 months ago - Benzinga