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Brown & Brown, Inc. (BRO)

NYSE: BRO · IEX Real-Time Price · USD
65.21 -0.66 (-1.00%)
Dec 3, 2021 4:00 PM EST - Market closed
Market Cap18.42B
Revenue (ttm)2.96B
Net Income (ttm)582.71M
Shares Out282.43M
EPS (ttm)2.05
PE Ratio31.83
Forward PE29.24
Dividend$0.38 (0.58%)
Ex-Dividend DateNov 2, 2021
Volume1,358,706
Open66.08
Previous Close65.87
Day's Range64.57 - 66.20
52-Week Range42.72 - 67.24
Beta0.74
AnalystsBuy
Price Target68.13 (+4.5%)
Earnings Daten/a

About BRO

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Cayman Islands, Ireland, and the United Kingdom. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The company offers builders risk, group medical and pharmaceutical, property, commercial auto, homeowners, reinsurance, crop and hail, inland marine, retirement benefit, cyber, disability, risk mitigating warranty products, directors and officers, management liability, errors and omissions, med...

IndustryInsurance
Founded1939
CEOJ. Powell Brown
Employees10,843
Stock ExchangeNYSE
Ticker SymbolBRO
Full Company Profile

Financial Performance

In 2020, Brown & Brown's revenue was $2.61 billion, an increase of 9.25% compared to the previous year's $2.39 billion. Earnings were $480.48 million, an increase of 20.57%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for Brown & Brown stock is "Buy." The 12-month stock price forecast is 68.13, which is an increase of 4.48% from the latest price.

Price Target
$68.13
(4.48% upside)
Analyst Consensus: Buy

News

Brown and Brown (BRO) Stock Up 34% YTD: More Room to Run?

Improving commission and fees, strong liquidity and effective capital deployment continue to drive Brown and Brown (BRO).

1 day ago - Zacks Investment Research

Katherine Moura Named Chief Marketing Officer at Certificial

JERSEY CITY, N.J.--(BUSINESS WIRE)-- #compliance--Moura to lead marketing and branding strategy for continuous insurance monitoring startup

4 days ago - Business Wire

Why Is Brown & Brown (BRO) Up 3% Since Last Earnings Report?

Brown & Brown (BRO) reported earnings 30 days ago. What's next for the stock?

1 week ago - Zacks Investment Research

Brown & Brown (BRO) Expands in Central Florida With Buyout

Brown & Brown, Inc. (BRO) buyout of Heacock Insurance reflects its continuous effort to expand footprint, add capabilities and boost operations.

2 weeks ago - Zacks Investment Research

Brown & Brown, Inc. Announces the Acquisition of Heacock Insurance Group

DAYTONA BEACH, Fla., Nov. 12, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Stacey Heacock Weeks, Jason Heacock and Ford Heacock, III the pri...

3 weeks ago - GlobeNewsWire

Brown & Brown (BRO) Q3 Earnings & Revenues Beat, Up Y/Y

Brown & Brown (BRO) Q3 results reflect improved organic growth and margin expansion.

1 month ago - Zacks Investment Research

Brown & Brown (BRO) Surpasses Q3 Earnings and Revenue Estimates

Brown & Brown (BRO) delivered earnings and revenue surprises of 11.54% and 1.28%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Brown & Brown, Inc. announces quarterly revenues of $770.3 million, an increase of 14.3%, and diluted net income per ...

DAYTONA BEACH, Fla., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") today announced its unaudited financial results for the third quarter of 2021.

1 month ago - GlobeNewsWire

Is a Surprise Coming for Brown & Brown (BRO) This Earnings Season?

Brown & Brown (BRO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

Brown & Brown (BRO) Boosts Shareholder Value With Dividend Hike

Brown & Brown's (BRO) recent dividend hike highlights its strong financial position and constant efforts to enhance shareholders' value.

1 month ago - Zacks Investment Research

Brown & Brown, Inc. announces 10.8% increase in quarterly cash dividend rate

DAYTONA BEACH, Fla., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that the Board of Directors has declared a regular quarterly cash dividend of $0.1025 per share. The divi...

1 month ago - GlobeNewsWire

Brown & Brown, Inc. announces the stock acquisition of Remedy Analytics, Inc.

DAYTONA BEACH, Fla., Oct. 19, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and the shareholders of Remedy Analytics Inc., today announced that B...

1 month ago - GlobeNewsWire

Brown & Brown (BRO) Q3 Earnings Preview: What's in the Cards?

Brown & Brown (BRO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Here is why Brown & Brown is unifying retail segments

Brown & Brown Inc. (NYSE: BRO) has announced that from January 1, 2021, it will unify all retail segments under a single brand Brown & Brown. Brown & Brown Retail unifying under a single brand Retail se...

1 month ago - Invezz

Brown & Brown, Inc. announces brand unification for its Retail segment

DAYTONA BEACH, Fla., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. proudly announces all brands under its Retail segment will be unified under the brand name Brown & Brown as of Jan. 1, 2022.

1 month ago - GlobeNewsWire

Brown & Brown, Inc. announces the acquisition of Winston Benefits

DAYTONA BEACH, Fla., Oct. 12, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Robert Bradley, Colin Bradley and Curran Bradley, the principals ...

1 month ago - GlobeNewsWire

Brown & Brown, Inc. board member Hugh Brown named to Savoy Magazine's Most Influential Black Corporate Directors list

DAYTONA BEACH, Fla., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that, for the second time, Hugh M. Brown, a member of the company's board of directors, has been named to...

1 month ago - GlobeNewsWire

Why You Should Retain Brown and Brown (BRO) Stock For Now

Continued strong results across its segments and solid capital position make Brown and Brown (BRO) well poised for growth.

1 month ago - Zacks Investment Research

Brown & Brown, Inc. announces 2021 third-quarter earnings release and conference call dates

DAYTONA BEACH, Fla., Sept. 30, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2021 third-quarter earnings on Monday, October 25, 2021, after the close of the mark...

2 months ago - GlobeNewsWire

Brown & Brown (BRO) Completes Buyout of Gremesco, Stock Up

Brown & Brown (BRO) acquires Gremesco of New Jersey for better growth opportunities and to enhance its network of brokers.

2 months ago - Zacks Investment Research

Brown & Brown (BRO) Boosts Employee Benefits With AGIS Buyout

Brown & Brown (BRO) acquires AGIS Network to enhance its employee benefits and brokerage operations.

2 months ago - Zacks Investment Research

Bridge Specialty Group, LLC announces the asset acquisition of Gremesco of New Jersey, LLC

DAYTONA BEACH, Fla., Sept. 20, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Joseph V. Certo and Christopher M. Larson, the owners of Gremesc...

2 months ago - GlobeNewsWire

Brown & Brown, Inc. announces the asset acquisition of AGIS Network, Inc.

DAYTONA BEACH, Fla., Sept. 20, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Kevin Sypniewski, founder and president of AGIS Network, Inc., t...

2 months ago - GlobeNewsWire

Brown & Brown, Inc. joins S&P 500

DAYTONA BEACH, Fla., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces that S&P Dow Jones Indices reported on September 3, 2021, that the company would be included in the prest...

2 months ago - GlobeNewsWire

Match Group, Ceridian HCM and Brown & Brown Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, Sept. 3, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following index adjustments to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 to ensure each index is more representative o...

3 months ago - PRNewsWire