Brown & Brown, Inc. (BRO)
| Market Cap | 25.57B |
| Revenue (ttm) | 4.40B |
| Net Income (ttm) | 928.00M |
| Shares Out | 285.25M |
| EPS (ttm) | 3.25 |
| PE Ratio | 27.58 |
| Forward PE | 24.18 |
| Dividend | $0.52 (0.58%) |
| Ex-Dividend Date | May 3, 2024 |
| Volume | 842,250 |
| Open | 88.55 |
| Previous Close | 89.11 |
| Day's Range | 88.31 - 89.68 |
| 52-Week Range | 66.73 - 93.75 |
| Beta | 0.82 |
| Analysts | Buy |
| Price Target | 88.80 (-0.95%) |
| Earnings Date | Jul 22, 2024 |
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 $4.26 billion, an increase of 19.13% compared to the previous year's $3.57 billion. Earnings were $870.50 million, an increase of 29.58%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for BRO stock is "Buy." The 12-month stock price forecast is $88.8, which is a decrease of -0.95% from the latest price.
News
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...
Brown & Brown's Business, Investment Results Bring Gains
In the insurance brokerage business, performance matters, and Brown & Brown, Inc. (BRO), has been delivering business and investment results that drive share gains.
Insurity Announces Gray Nester, Chief Information Officer at Brown & Brown, Inc., to Give Keynote Address at Excellence in Insurance Conference
HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, the leading provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs, today announced that Gray Nester, Executive Vice Presi...
Strong Jobs Report Diminishes Fed Rate-Cut Hopes: 5 Winners
A vibrant labor market dashed expectations of an interest rate cut soon. May's startling uptick in the pace of job additions and wages increased the belief that the Federal Reserve will hold rates at ...
Brown & Brown, Inc. acquires the assets of McNamara Company
DAYTONA BEACH, Fla., June 07, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Patrick and Aleshia McNamara, principals of McNamara Company, t...
Public Entities of America, LLC joins Apex Insurance Agency, LLC, part of Bridge Specialty Group, LLC
DAYTONA BEACH, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- Bridge Specialty Group, LLC (“Bridge Specialty”) is very pleased to welcome Public Entities of America, LLC (“PEA”) to its team of niche-focused, ...
24 Dividend Aristocrats in the stock market with the fastest-growing payouts
At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors...
Brown & Brown, Inc. announces first quarter 2024 results, including total revenues of $1,258 million, an increase of 12.7%; Organic Revenue growth of 8.6%; diluted net income per share of $1.02; Diluted Net Income Per Share - Adjusted of $1.14; and a quarterly dividend of $0.13 per share
DAYTONA BEACH, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the first quarter of 2024.
Brown & Brown, Inc. acquires the assets of CHAPP, Inc. and Citrus Insurance Services, Inc.
DAYTONA BEACH, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Bucky and Cindy Payne, the owners of CHAPP, Inc. (“CHAPP”) and...
Brown & Brown, Inc. announces senior leadership team appointments
DAYTONA BEACH, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the “Company”) has announced the appointment of David Putz and Niels Seebeck to the senior leadership team.
Brown & Brown, Inc. announces 2024 first-quarter earnings release and conference call dates
DAYTONA BEACH, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2024 first-quarter earnings on Monday, April 22, 2024, after the close of the mark...
Brown & Brown, Inc. acquires the assets of DealerMax
DAYTONA BEACH, Fla., March 13, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Jim Maxim, Jr. and Jim Maxim, Sr., the owners of DealerMax (“D...
Brown & Brown, Inc. acquires the assets of Hillco Insurance
DAYTONA BEACH, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Hunter Hill, the founder of Hillco Insurance (“Hillco”), today...
Brown & Brown, Inc. announces fourth quarter 2023 results, including total revenues of $1,026.2 million, an increase of 13.8%; Organic Revenue growth of 7.7%; diluted net income per share of $0.94; Diluted Net Income Per Share - Adjusted of $0.58; and a new alignment of its businesses into three segments
DAYTONA BEACH, Fla., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the fourth quarter and full year of 2023.
Kathleen A. Savio named to Brown & Brown, Inc. board of directors
DAYTONA BEACH, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces the addition of Kathleen A. Savio, former chief transformation officer of Zurich Insurance Group, to Br...
Brown & Brown, Inc. announces quarterly cash dividend
DAYTONA BEACH, Fla., Jan. 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...
Brown & Brown, Inc. announces 2023 fourth-quarter earnings release and conference call dates
DAYTONA BEACH, Fla., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2023 fourth-quarter earnings on Monday, January 22, 2024, after the close of the ma...
Brown & Brown, Inc. enters into agreement to acquire Caton-Hosey Insurance
DAYTONA BEACH, Fla., Dec. 26, 2023 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Rex Caton and John Hosey, the owners of Caton-Hosey Insurance (...
Brown & Brown, Inc. enters into agreement to acquire Automotive Business Solutions
DAYTONA BEACH, Fla., Dec. 08, 2023 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Michael Cox and Craig Sanford, the management owners of ABS Ris...
Bridge Specialty Group announces appointment of Tim Coles as chief executive officer for European brokerage operations
DAYTONA BEACH, Fla., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Bridge Specialty Group, the Wholesale Brokerage segment of Brown & Brown, Inc. (NYSE: BRO), announced that Tim Coles has been named chief executi...
Brown & Brown, Inc. announces sale of certain third-party administer businesses and enters into long-term strategic relationship with Davies Group Ltd.
DAYTONA BEACH, Fla., Oct. 31, 2023 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), today announced an agreement with Davies Group Ltd. (“Davies”) that...
Brown & Brown, Inc. announces third quarter 2023 results, including total revenues of $1,067.7 million, an increase of 15.1%; Organic Revenue growth of 9.6%; diluted net income per share of $0.62; and Diluted Net Income Per Share - Adjusted of $0.71
DAYTONA BEACH, Fla., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") today announced its unaudited financial results for the third quarter of 2023.
Brown & Brown, Inc. announces 13% increase in quarterly cash dividend rate
DAYTONA BEACH, Fla., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) today announced that the board of directors has declared a regular quarterly cash dividend of $0.13 per share. Th...
Brown & Brown, Inc. announces the asset acquisition of The Pacific Underwriters Corporation
DAYTONA BEACH, Fla., Oct. 17, 2023 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Diane M. Darling, Randall R. Flem and Richard C. Rodruck, the s...