BRO icon

Brown & Brown

118.20 USD
+0.34
0.29%
At close Mar 14, 4:00 PM EDT
After hours
118.20
+0.00
0.00%
1 day
0.29%
5 days
0.18%
1 month
6.87%
3 months
13.23%
6 months
13.53%
Year to date
17.57%
1 year
39.08%
5 years
219.37%
10 years
617.23%
 

About: Brown & Brown Inc is a diversified insurance agency, wholesale brokerage, insurance programs, and service. The Company markets and sells insurance products and services, in the property, casualty, and employee benefits areas. It provides customers with non-investment insurance contracts, as well as other targeted, customized risk management products and services. It has four reportable segments; the Retail segment; the Programs segment; the Wholesale Brokerage segment and; the Services segment. It generates the majority of its revenue from the Retail segment which provides insurance products and services to commercial, public and quasi-public, and Others through automobile dealer services F&I businesses. Its geographic area is U.S., U.K., the Republic of Ireland, Canada, and Others.

Employees: 17,403

0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

1,203% more call options, than puts

Call options by funds: $21.5M | Put options by funds: $1.65M

92% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 60

26% more repeat investments, than reductions

Existing positions increased: 333 | Existing positions reduced: 265

6% more funds holding in top 10

Funds holding in top 10: 18 [Q3] → 19 (+1) [Q4]

5% more funds holding

Funds holding: 804 [Q3] → 846 (+42) [Q4]

2.3% more ownership

Funds ownership: 71.92% [Q3] → 74.22% (+2.3%) [Q4]

2% more capital invested

Capital invested by funds: $21.2B [Q3] → $21.6B (+$431M) [Q4]

Research analyst outlook

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

Low target
$97
18%
downside
Avg. target
$115
3%
downside
High target
$125
6%
upside

4 analyst ratings

positive
50%
neutral
25%
negative
25%
RBC Capital
Scott Heleniak
73% 1-year accuracy
35 / 48 met price target
2%upside
$120
Outperform
Maintained
29 Jan 2025
Wells Fargo
Elyse Greenspan
59% 1-year accuracy
70 / 118 met price target
6%upside
$125
Overweight
Maintained
29 Jan 2025
B of A Securities
Joshua Shanker
58% 1-year accuracy
30 / 52 met price target
1%downside
$117
Neutral
Maintained
28 Jan 2025
Keefe, Bruyette & Woods
Meyer Shields
68% 1-year accuracy
73 / 108 met price target
18%downside
$97
Underperform
Maintained
10 Jan 2025

Financial journalist opinion

Based on 5 articles about BRO published over the past 30 days

Neutral
Seeking Alpha
1 week ago
The Dividend Aristocrats Ranked By Quality Scores: March 2025
S&P Dow Jones Indices added three new members to the S&P 500 Dividend Aristocrats Index, expanding it to 69 companies. I rank Dividend Aristocrats by quality scores, presenting undervalued and overvalued stocks with detailed metrics and fair value estimates. My quality scoring system uses six indicators, each worth 5 points, for a maximum score of 30, categorizing stocks from Exceptional to Inferior.
The Dividend Aristocrats Ranked By Quality Scores: March 2025
Positive
Zacks Investment Research
2 weeks ago
Brown & Brown Stock Near 52-Week High: What Should Investors Know?
BRO stock remains poised to gain from new business, solid retention, higher core commissions and fees, strategic buyouts and prudent capital deployment.
Brown & Brown Stock Near 52-Week High: What Should Investors Know?
Positive
Zacks Investment Research
2 weeks ago
Why Is Brown & Brown (BRO) Up 9.3% Since Last Earnings Report?
Brown & Brown (BRO) reported earnings 30 days ago. What's next for the stock?
Why Is Brown & Brown (BRO) Up 9.3% Since Last Earnings Report?
Positive
Investors Business Daily
2 weeks ago
Insurance Broker In Buy Zone As Investors Flock To Defensive Names
This insurance broker has a history of steady earnings. Brown & Brown stock is in a buy zone and hit a new high this week.
Insurance Broker In Buy Zone As Investors Flock To Defensive Names
Neutral
GlobeNewsWire
2 weeks ago
Brown & Brown, Inc. names Stephen P. Hearn as executive vice president and chief operating officer
DAYTONA BEACH, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the “Company”) has announced the appointment of Stephen P. Hearn, an insurance industry veteran who joined the Company's board of directors in August 2024, as executive vice president and chief operating officer. In connection with this appointment, Hearn has resigned from the Company's board of directors and will join the Company's operating committee.
Brown & Brown, Inc. names Stephen P. Hearn as executive vice president and chief operating officer
Positive
Zacks Investment Research
1 month ago
Brown & Brown Q4 Earnings Top Estimates on Higher Commission and Fees
BRO's fourth-quarter results reflect improved organic revenues, driven by higher commission and fees and investment income and expanded EBITDAC margin, offset by higher expenses.
Brown & Brown Q4 Earnings Top Estimates on Higher Commission and Fees
Neutral
Seeking Alpha
1 month ago
Brown & Brown, Inc. (BRO) Q4 2024 Earnings Call Transcript
Brown & Brown, Inc. (NYSE:BRO ) Q4 2024 Earnings Conference Call January 28, 2025 8:00 AM ET Company Participants Powell Brown - President & CEO Andy Watts - EVP, CFO & Treasurer Conference Call Participants Gregory Peters - Raymond James Robert Cox - Goldman Sachs Elyse Greenspan - Wells Fargo Alex Scott - Barclays Mark Hughes - Truist Securities Charles Lederer - BMO Dean Criscitiello - KBW Scott Heleniak - RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by, and welcome to the Brown & Brown Fourth Quarter Earnings Conference Call. Today's call is being recorded.
Brown & Brown, Inc. (BRO) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Brown & Brown (BRO) Q4 Earnings and Revenues Surpass Estimates
Brown & Brown (BRO) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.58 per share a year ago.
Brown & Brown (BRO) Q4 Earnings and Revenues Surpass Estimates
Neutral
GlobeNewsWire
1 month ago
Brown & Brown, Inc. announces fourth quarter 2024 results, including total revenues of $1.2 billion, an increase of 15.4%; Organic Revenue growth of 13.8%; diluted net income per share of $0.73; and Diluted Net Income Per Share - Adjusted of $0.86
DAYTONA BEACH, Fla., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the fourth quarter and full year of 2024.
Brown & Brown, Inc. announces fourth quarter 2024 results, including total revenues of $1.2 billion, an increase of 15.4%; Organic Revenue growth of 13.8%; diluted net income per share of $0.73; and Diluted Net Income Per Share - Adjusted of $0.86
Neutral
Benzinga
1 month ago
Brown & Brown Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Brown & Brown, Inc. BRO will release earnings results for its fourth quarter, after the closing bell on Monday, Jan. 27, 2025.
Brown & Brown Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
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