Brown & Brown, Inc. (BRO)

NYSE: BRO · Real-Time Price · USD
109.61
+0.26 (0.24%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.24%
Market Cap 31.34B
Revenue (ttm) 4.56B
Net Income (ttm) 1.04B
Shares Out 285.96M
EPS (ttm) 3.67
PE Ratio 29.86
Forward PE 27.33
Dividend $0.60 (0.55%)
Ex-Dividend Date Nov 6, 2024
Volume 1,024,831
Open 109.47
Previous Close 109.35
Day's Range 108.47 - 109.95
52-Week Range 69.13 - 114.08
Beta 0.82
Analysts Buy
Price Target 106.91 (-2.46%)
Earnings Date Oct 28, 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]

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

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 Statements

Analyst Forecast

According to 12 analysts, the average rating for BRO stock is "Buy." The 12-month stock price forecast is $106.91, which is a decrease of -2.46% from the latest price.

Price Target
$106.91
(-2.46% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

5 days 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.

9 days 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...

14 days 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...

20 days ago - GlobeNewsWire

16 Upcoming Dividend Increases

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are six...

20 days ago - Seeking Alpha

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...

22 days 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.

23 days 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...

4 weeks 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...

5 weeks 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...

7 weeks 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...

7 weeks 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...

2 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. (...

2 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...

3 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...

4 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...

4 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.

4 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.

4 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.

4 months ago - Benzinga

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®...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

Our Top 10 Dividend Growth Stocks: July 2024

This 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 qualitatively and...

4 months ago - Seeking Alpha

The Highest Quality Dividend Growth Stocks In 2024

This article updates one I wrote in August 2022, which was based on a template article by David Van Knapp published in June 2020. I use an adapted quality scoring system to assess the quality of divid...

Other symbols: AAPLACNADPAJGAONAOSAPD
4 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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.

5 months ago - FXEmpire