Brown & Brown
BRO
Market cap $29.4B

102.93 USD

+0.63

0.62%

At close Dec 20, 4:00 PM EST

After hours

103.13

+0.20

0.19%

1 day

0.62%

5 days

-1.30%

1 month

-6.09%

3 months

1.90%

6 months

10.81%

Year to date

45.48%

1 year

47.74%

5 years

155.73%

10 years

531.09%

About: Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.

Employees: 16,152

Financials Insurance Agents, Brokers & Service

0

Funds holding %

of 6,809 funds

0

Analysts bullish %

of 8 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

2,381% more call options, than puts

Call options by funds: $28.5M | Put options by funds: $1.15M

90% more first-time investments, than exits

New positions opened: 118 | Existing positions closed: 62

29% more funds holding in top 10

Funds holding in top 10: 14 [Q2] → 18 (+4) [Q3]

18% more repeat investments, than reductions

Existing positions increased: 301 | Existing positions reduced: 256

10% more capital invested

Capital invested by funds: $19.3B [Q2] → $21.1B (+$1.86B) [Q3]

8% more funds holding

Funds holding: 741 [Q2] → 797 (+56) [Q3]

4.04% less ownership

Funds ownership: 75.67% [Q2] → 71.62% (-4.04%) [Q3]

See Fund Rankings

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$104

1%

upside

Avg. target

$118

15%

upside

High target

$134

30%

upside

8 analyst ratings

5 positive

63%

3 neutral

38%

0 negative

0%

Morgan Stanley Bob Huang 53% 1-year accuracy 8 / 15 met price target	30%upside $134	Overweight Initiated	5 Dec 2024
Barclays Alex Scott 56% 1-year accuracy 32 / 57 met price target	16%upside $119	Equal-Weight Maintained	21 Nov 2024
Truist Securities Mark Hughes 70% 1-year accuracy 45 / 64 met price target	15%upside $118	Buy Maintained	30 Oct 2024
RBC Capital Scott Heleniak 76% 1-year accuracy 41 / 54 met price target	15%upside $118	Outperform Maintained	30 Oct 2024
B of A Securities Joshua Shanker 44% 1-year accuracy 24 / 54 met price target	14%upside $117	Neutral Maintained	10 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about BRO published over the past 30 days

Bridge Specialty Group, LLC acquires the assets of American Risk Management Resources Network

DAYTONA BEACH, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and David Dybdahl and Cynthia Statz, owners of American Risk Management Resources Network, LLC (“ARMR”), today announced that a Bridge Specialty Group company and subsidiary of Brown & Brown, Inc. has acquired the assets of ARMR.

Bridge Specialty Group, LLC acquires the assets of American Risk Management Resources Network

Zacks Investment Research

BRO Rallies 53.6% YTD: Time to Buy the Stock for Solid Returns?

Brown & Brown remains well-poised for growth on higher core commissions and fees, new business, solid retention, strategic acquisitions and effective capital deployment.

BRO Rallies 53.6% YTD: Time to Buy the Stock for Solid Returns?

Zacks Investment Research

Why Is Brown & Brown (BRO) Up 8% Since Last Earnings Report?

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

Why Is Brown & Brown (BRO) Up 8% Since Last Earnings Report?

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.

Brown & Brown, Inc. earns 2025 Military Friendly® Employer designation

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.

Brown & Brown, Inc. announces Paul Gallagher as controller

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, holding, and adding companies with consistent dividend increases and superior performance compared to benchmarks. The list is created using data from the "U.S. Dividend Champions" spreadsheet and NASDAQ, featuring companies with at least five years of dividend growth.

17 Upcoming Dividend Increases

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 operations of Quintes Holding B.V.

Brown & Brown, Inc. completes the acquisition of Quintes Holding B.V.

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 sixteen increases for next week, up from six last week.

16 Upcoming Dividend Increases

Zacks Investment Research

Brown & Brown (BRO) Upgraded to Buy: Here's What You Should Know

Brown & Brown (BRO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Brown & Brown (BRO) Upgraded to Buy: Here's What You Should Know

Zacks Investment Research

Brown & Brown Q3 Earnings Top Estimates on Higher Revenues

BRO's Q3 results reflect improved organic revenues, driven by higher commission and fees and investment income, expanded EBITDAC margin and increased net investment income, offset by higher expenses.

Brown & Brown Q3 Earnings Top Estimates on Higher Revenues

See News Rankings

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