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Brown & Brown, Inc. (BRO)

Stock Price: $45.07 USD -0.54 (-1.18%)
Updated December 2, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 12.80B
Revenue (ttm) 2.55B
Net Income (ttm) 459.68M
Shares Out 282.81M
EPS (ttm) 1.61
PE Ratio 27.99
Forward PE 26.74
Dividend $0.37
Dividend Yield 0.82%

Stock Quote

Trading Day December 2
Last Price $45.07
Previous Close $45.61
Change ($) -0.54
Change (%) -1.18%
Day's Open 45.71
Day's Range 44.62 - 45.89
Day's Volume 1,039,990
52-Week Range 31.46 - 48.21

More Stats

Market Cap 12.80B
Enterprise Value 13.56B
Earnings Date (est) n/a
Ex-Dividend Date Aug 4, 2020
Shares Outstanding 282.81M
Float n/a
EPS (basic) 1.63
EPS (diluted) 1.61
FCF / Share 2.53
Dividend $0.37
Dividend Yield 0.82%
Earnings Yield 3.57%
FCF Yield 5.59%
Payout Ratio 20.90%
Shares Short 3.00M
Short Ratio 3.51
Short % of Float n/a
Beta 0.71
PE Ratio 27.99
Forward PE 26.74
P/FCF Ratio 17.89
PS Ratio 5.02
PB Ratio 3.52
Revenue 2.55B
Operating Income 663.97M
Net Income 459.68M
Free Cash Flow 715.79M
Net Cash -761.45M
Net Cash / Share -2.68
Gross Margin 42.33%
Operating Margin 26.04%
Profit Margin 18.00%
FCF Margin 28.07%
ROA 5.71%
ROE 13.10%
ROIC 35.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (11)

Buy 1
Overweight 1
Hold 9
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

(7.99% upside)
Current: $45.07
Target: 48.67
*Average 12-month price target from 9 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Revenue Growth18.76%7.06%6.49%6.39%5.38%15.59%13.6%18.4%4.11%-
Gross Profit2,3922,0141,8811,7671,6611,5761,3631,2001,014973
Operating Income588506497472445378377322282279
Net Income399344400257243207217184164162
Shares Outstanding282279279280282282282279277276
Earnings Per Share1.401.221.400.910.850.710.740.630.570.56
EPS Growth14.75%-12.86%53.85%7.06%20.57%-4.73%17.46%11.5%0.89%-
Dividend Per Share0.330.310.
Dividend Growth6.56%9.71%10.32%11.5%10.24%10.81%6.94%6.13%3.82%-
Operating Cash Flow678568442411382385389220238296
Capital Expenditures-51.52-36.54-20.10-12.81-7.80-11.29-10.48-9.93-9.92-8.90
Free Cash Flow627531422398374374379210228287
Cash & Equivalents975790849796687741464393424404
Total Debt1,7231,5079761,0741,1451,198480450251252
Net Cash / Debt-748-717-127-278-458-457-16.42-57.53173153
Book Value3,3503,0012,5832,3602,1502,1142,0071,8071,6441,506
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Brown & Brown, Inc.
Country United States
Employees 10,083
CEO J. Powell Brown

Stock Information

Ticker Symbol BRO
Stock Exchange NYSE
Sector Financial Services
Industry Insurance Brokers
Unique Identifier NYSE: BRO


Brown & Brown markets and sells insurance products and services in the United States, England, Canada, Bermuda, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers commercial packages, group medical, workers' compensation, property risk, and general liability insurance products; and group and individual life, accident, disability, health, hospitalization, medical, dental, and other ancillary insurance products, as well as risk management, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentists, oral surgeons, hygienists, lawyers, optometrists, opticians, ophthalmologists, insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate title agents, and escrow agents, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also offers outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, and flood insurance products. It serves through independent agents. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.