BRO icon

Brown & Brown

101.95 USD
At close Jan 10, 4:00 PM EST
After hours
101.95
+0.00
0.00%
1 day
0.00%
5 days
0.31%
1 month
-0.95%
3 months
-1.66%
6 months
12.12%
Year to date
1.40%
1 year
39.77%
5 years
152.35%
10 years
534.41%
 

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

0
Funds holding %
of 6,810 funds
0
Analysts bullish %
of 7 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

123% more first-time investments, than exits

New positions opened: 118 | Existing positions closed: 53

34% more capital invested

Capital invested by funds: $19.4B [Q2] → $26B (+$6.66B) [Q3]

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

8% more funds holding

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

4.12% less ownership

Funds ownership: 76.08% [Q2] → 71.97% (-4.12%) [Q3]

Research analyst outlook

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

Low target
$97
5%
downside
Avg. target
$117
14%
upside
High target
$134
31%
upside

7 analyst ratings

positive
57%
neutral
29%
negative
14%
Keefe, Bruyette & Woods
Meyer Shields
64% 1-year accuracy
67 / 105 met price target
5%downside
$97
Underperform
Maintained
10 Jan 2025
Morgan Stanley
Bob Huang
47% 1-year accuracy
7 / 15 met price target
31%upside
$134
Overweight
Initiated
5 Dec 2024
Barclays
Alex Scott
52% 1-year accuracy
37 / 71 met price target
17%upside
$119
Equal-Weight
Maintained
21 Nov 2024
Truist Securities
Mark Hughes
69% 1-year accuracy
45 / 65 met price target
16%upside
$118
Buy
Maintained
30 Oct 2024
RBC Capital
Scott Heleniak
75% 1-year accuracy
40 / 53 met price target
16%upside
$118
Outperform
Maintained
30 Oct 2024

Financial journalist opinion

Based on 8 articles about BRO published over the past 30 days

Neutral
GlobeNewsWire
4 days ago
Brown & Brown, Inc. announces 2024 fourth-quarter earnings release and conference call dates
DAYTONA BEACH, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2024 fourth-quarter earnings on Monday, January 27, 2025, after the close of the market. On Tuesday, January 28, 2025, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's fourth-quarter 2024 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown's website at 8:00 a.m. EST. Simply log on to www.bbinsurance.com and click on "Investor Relations" and then "Calendar of Events."
Brown & Brown, Inc. announces 2024 fourth-quarter earnings release and conference call dates
Neutral
24/7 Wall Street
1 week ago
All 12 Dividend Aristocrats That Raised Their Dividends 10% or More in 2024
Dividend Aristocrats are stocks on the S&P 500 that have raised their dividends every year for 25 years or more.
All 12 Dividend Aristocrats That Raised Their Dividends 10% or More in 2024
Positive
Zacks Investment Research
1 week ago
NVIDIA & 2 Other S&P 500 Momentum Stocks to Buy in 2025
NVIDIA, Brown & Brown and Chipotle Mexican Grill have been selected as the momentum picks for 2025 using the Driehaus strategy.
NVIDIA & 2 Other S&P 500 Momentum Stocks to Buy in 2025
Positive
Zacks Investment Research
1 week ago
Will Brown & Brown (BRO) Beat Estimates Again in Its Next Earnings Report?
Brown & Brown (BRO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Will Brown & Brown (BRO) Beat Estimates Again in Its Next Earnings Report?
Neutral
Zacks Investment Research
1 week ago
Zacks Industry Outlook Brown and Brown, Marsh & McLennan, Arthur J. Gallagher & Co and Willis Towers Watson
Brown and Brown, Marsh & McLennan, Arthur J. Gallagher & Co and Willis Towers Watson have been highlighted in this Industry Outlook article.
Zacks Industry Outlook Brown and Brown, Marsh & McLennan, Arthur J. Gallagher & Co and Willis Towers Watson
Neutral
Zacks Investment Research
1 week ago
The Zacks Analyst Blog Atmos Energy, Brown & Brown and Cintas
Atmos Energy, Brown & Brown and Cintas are included in this Analyst Blog.
The Zacks Analyst Blog Atmos Energy, Brown & Brown and Cintas
Neutral
Zacks Investment Research
1 week ago
3 Dividend Aristocrat Must-Haves for Your Portfolio in 2025
With the possibility of fluctuating interest rates and economic uncertainties, dividend aristocrats stocks like ATO, BRO and CTAS are must-haves for investors in 2025.
3 Dividend Aristocrat Must-Haves for Your Portfolio in 2025
Positive
Zacks Investment Research
1 week ago
4 Stocks to Watch From the Prospering Insurance Brokerage Industry
Higher demand for insurance products, strategic acquisitions and the adoption of technology should drive the performance of Zacks Insurance Brokerage industry players like BRO, MMC, AJG and WTW.
4 Stocks to Watch From the Prospering Insurance Brokerage Industry
Neutral
GlobeNewsWire
1 month ago
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
Positive
Zacks Investment Research
1 month ago
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?
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