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Brown & Brown (BRO)
NYSE:BRO
Brown & Brown (BRO) Stock Price & Analysis
413 Followers
BRO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$61.29 - $87.85
Previous Close$83.5
Volume1.06M
Average Volume (3M)1.22M
Market Cap
$23.82B
Enterprise Value$22.72B
Total Cash (Recent Filing)$2.16B
Total Debt (Recent Filing)$1.05B
Price to Earnings (P/E)25.7
Beta0.81
Next Earnings
Jul 22, 2024EPS Estimate
$0.86Next Dividend Ex-DateN/A
Dividend Yield0.59%
Share Statistics
EPS (TTM)3.25
Shares Outstanding285,249,262
10 Day Avg. Volume1,485,854
30 Day Avg. Volume1,222,463
Standard Deviation0.07
R-Squared0.40
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-7.44
Price to Sales (P/S)18.93
Price to Cash Flow (P/CF)458.00
P/FCF Ratio458.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.16
Enterprise Value/Gross Profit5.34
Enterprise Value/Ebitda21.84
Forecast
1Y Price Target
$90.75Price Target Upside7.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Brown & Brown News
PremiumCompany Announcements
James C. Hays Resigns from Brown & Brown Board
PremiumCompany Announcements
Brown & Brown Releases Annual Global Impact ReportBulls Say, Bears Say
Bulls Say
Earnings ForecastAnalyst increases EPS estimates by 2% for 2024-2026 and maintains a Buy rating.
Financial PerformanceExpectations of 90bps full year adjusted EBITDAC margin expansion to 34.8%, surpassing previous estimates.
Stock ValuationAnalyst's 12 month target price has been increased by 2% to $95, indicating a 16% total return.
Bears Say
Analyst RatingRecent surge has eroded upside; downgrading to Underperform.
Financial PerformanceInvestment income and free cash flow were slightly below the forecasted amounts.
ProfitabilityThe retail EBITDAC margin contracted by 60% from the previous year and missed the target estimate.
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Ownership Overview
19.48% Insiders
23.73% Mutual Funds
23.66% Other Institutional Investors
33.13% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BRO FAQ
What was Brown & Brown’s price range in the past 12 months?
Brown & Brown lowest stock price was $61.29 and its highest was $87.85 in the past 12 months.
What is Brown & Brown’s market cap?
Currently, no data Available
When is Brown & Brown’s upcoming earnings report date?
Brown & Brown’s upcoming earnings report date is Jul 22, 2024 which is in 76 days.
How were Brown & Brown’s earnings last quarter?
Brown & Brown released its earnings results on Apr 22, 2024. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.069 by $0.071.
Is Brown & Brown overvalued?
According to Wall Street analysts Brown & Brown’s price is currently Undervalued.
Does Brown & Brown pay dividends?
Brown & Brown does not currently pay dividends.
What is Brown & Brown’s EPS estimate?
Brown & Brown’s EPS estimate is $0.86.
How many shares outstanding does Brown & Brown have?
Brown & Brown has 285,249,270 shares outstanding.
What happened to Brown & Brown’s price movement after its last earnings report?
Brown & Brown reported an EPS of $1.14 in its last earnings report, beating expectations of $1.069. Following the earnings report the stock price went up 0.522%.
Which hedge fund is a major shareholder of Brown & Brown?
Among the largest hedge funds holding Brown & Brown’s share is First Eagle Investment Management LLC. It holds Brown & Brown’s shares valued at 292M.
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Brown & Brown Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$90.75 (7.77% Upside)
$90.75 (7.77% Upside)
Blogger Sentiment
Bullish
BRO Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 38.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.16%
12-Months-Change
Fundamentals
Return on Equity
17.22%
Trailing 12-Months
Asset Growth
10.49%
Trailing 12-Months
Company Description
Brown & Brown
Brown & Brown, Inc. is an insurance agency, wholesale brokerage, insurance programs and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail; National Programs; Wholesale Brokerage; and Services. The Retail Segment receives fees in lieu of commissions. The National Programs segment acts as a managing general agent and provides professional liability and related package products for certain professionals, a range of insurance products for individuals, flood coverage, and targeted products and services designated for specific industries, trade groups, governmental entities and market niches. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance, primarily through independent agents and brokers, as well as company's retail agents. The Services segment provides insurance-related services, including third-party claims administration and comprehensive medical utilization management services in both the workers' compensation and all-lines liability arenas, as well as medicare Set-aside services, social security disability and medicare benefits advocacy services and claims adjusting services. The company was founded by J. Adrian Brown and Charles Covington Owen in 1939 and is headquartered in Daytona Beach, FL.
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BRO Company Deck
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BRO Earnings Call
Q1 2024
0:00 / 0:00
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BRO Revenue Breakdown
98.64% Core commissions and fees
1.23% Investment income
0.12% Other
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BRO Stock 12 Months Forecast
Average Price Target
$90.75
▲(7.77% Upside)
Technical Analysis
Best Analysts Covering BRO
1 Year
1 Year Success Rate
21/24 ratings generated profit
1 Year Average Return
+17.90%
reiterated a buy rating 14 days ago
Copying Mark Hughes's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +17.90% per trade.
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