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Financial Services - Insurance - Brokers - NYSE - US
$ 110.05
0.475 %
$ 31.5 B
Market Cap
29.99
P/E
1. INTRINSIC VALUE

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities.[ Read More ]

The intrinsic value of one BRO stock under the base case scenario is HIDDEN Compared to the current market price of 110 USD, Brown & Brown, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BRO

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FINANCIALS
4.26 B REVENUE
19.13%
0 OPERATING INCOME
0.00%
870 M NET INCOME
29.58%
1.01 B OPERATING CASH FLOW
14.53%
-587 M INVESTING CASH FLOW
69.31%
-187 M FINANCING CASH FLOW
-10.82%
1.19 B REVENUE
0.68%
358 M OPERATING INCOME
-1.92%
238 M NET INCOME
-6.30%
440 M OPERATING CASH FLOW
22.22%
-42 M INVESTING CASH FLOW
-525.00%
-716 M FINANCING CASH FLOW
-160.90%
Balance Sheet Decomposition Brown & Brown, Inc.
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Current Assets 5.13 B
Cash & Short-Term Investments 711 M
Receivables 2.04 B
Other Current Assets 2.38 B
Non-Current Assets 9.75 B
Long-Term Investments 21 M
PP&E 469 M
Other Non-Current Assets 9.26 B
Current Liabilities 4.96 B
Accounts Payable 459 M
Short-Term Debt 614 M
Other Current Liabilities 3.88 B
Non-Current Liabilities 4.35 B
Long-Term Debt 3.41 B
Other Non-Current Liabilities 942 M
EFFICIENCY
Earnings Waterfall Brown & Brown, Inc.
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Revenue 4.26 B
Cost Of Revenue 2.84 B
Gross Profit 1.42 B
Operating Expenses 2.01 B
Operating Income 0
Other Expenses -870 M
Net Income 870 M
RATIOS
33.37% GROSS MARGIN
33.37%
0.00% OPERATING MARGIN
0.00%
20.45% NET MARGIN
20.45%
15.60% ROE
15.60%
5.85% ROA
5.85%
0.00% ROIC
0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Brown & Brown, Inc.
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Net Income 870 M
Depreciation & Amortization 206 M
Capital Expenditures -68.9 M
Stock-Based Compensation 89.4 M
Change in Working Capital -25.6 M
Others -1.03 B
Free Cash Flow 941 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Brown & Brown, Inc.
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Wall Street analysts predict an average 1-year price target for BRO of $104 , with forecasts ranging from a low of $84 to a high of $116 .
BRO Lowest Price Target Wall Street Target
84 USD -23.67%
BRO Average Price Target Wall Street Target
104 USD -5.72%
BRO Highest Price Target Wall Street Target
116 USD 5.41%
4. DIVIDEND ANALYSIS
0.12% DIVIDEND YIELD
0.15 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Brown & Brown, Inc.
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Sold
0-3 MONTHS
14.1 M USD 1
3-6 MONTHS
552 K USD 2
6-9 MONTHS
20.2 M USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Aug 29, 2024
Sell 14.1 M USD
BROWN HYATT J
Chairman
- 134640
104.51 USD
3 months ago
Aug 08, 2024
Sell 251 K USD
Watts R. Andrew
EVP, CFO and Treasurer
- 2500
100.32 USD
5 months ago
Jun 07, 2024
Sell 301 K USD
Turpin Julie
EVP/Chief People Officer
- 3350
89.92 USD
8 months ago
Mar 12, 2024
Sell 3.81 M USD
BROWN HYATT J
Chairman
- 44323
85.91 USD
8 months ago
Mar 12, 2024
Sell 4.3 M USD
BROWN HYATT J
Chairman
- 50000
85.9 USD
8 months ago
Mar 12, 2024
Sell 4.3 M USD
BROWN HYATT J
Chairman
- 50000
86.05 USD
8 months ago
Mar 13, 2024
Sell 4.25 M USD
BROWN HYATT J
Chairman
- 50000
85.04 USD
8 months ago
Mar 13, 2024
Sell 3.55 M USD
BROWN HYATT J
Chairman
- 41677
85.25 USD
1 year ago
Nov 02, 2023
Sell 70.7 USD
Boyd Stephen M
EVP/ Pres Wholesale Brokerage
- 1
70.65 USD
1 year ago
Nov 02, 2023
Sell 152 K USD
Boyd Stephen M
EVP/ Pres Wholesale Brokerage
- 2148
70.64 USD
1 year ago
Nov 02, 2023
Sell 24.8 K USD
Boyd Stephen M
EVP/ Pres Wholesale Brokerage
- 351
70.63 USD
1 year ago
Jun 21, 2023
Bought 263 K USD
Masojada Bronislaw Edmund
Director
+ 4000
65.78 USD
1 year ago
May 01, 2023
Sell 65.7 USD
PROCTOR H PALMER JR
Director
- 1
65.66 USD
1 year ago
May 01, 2023
Sell 29.4 K USD
PROCTOR H PALMER JR
Director
- 448
65.68 USD
1 year ago
Mar 15, 2023
Bought 268 K USD
Hays James Charles
Director
+ 5000
53.5 USD
1 year ago
Feb 10, 2023
Bought 197 K USD
GELLERSTEDT LAWRENCE L III
Director
+ 3400
57.92 USD
2 years ago
Aug 08, 2022
Sell 663 K USD
LLOYD ROBERT W
EVP, Secy, General Counsel
- 10129
65.484 USD
2 years ago
May 19, 2022
Bought 98.9 K USD
GELLERSTEDT LAWRENCE L III
director:
+ 1800
54.95 USD
2 years ago
May 04, 2022
Bought 49.2 K USD
BROWN HUGH M
director:
+ 824
59.66 USD
2 years ago
May 05, 2022
Bought 29.7 K USD
BROWN HUGH M
Director
+ 487
60.92 USD
2 years ago
May 05, 2022
Bought 294 K USD
Hays James Charles
Director
+ 5000
58.9 USD
2 years ago
May 04, 2022
Bought 294 K USD
Hays James Charles
director:
+ 5000
58.9 USD
2 years ago
May 05, 2022
Bought 99.5 K USD
GELLERSTEDT LAWRENCE L III
director:
+ 1690
58.9 USD
2 years ago
May 03, 2022
Bought 100 K USD
GELLERSTEDT LAWRENCE L III
director:
+ 1670
59.99 USD
2 years ago
Jan 27, 2022
Bought 123 K USD
PROCTOR H PALMER JR
Director
+ 2000
61.53 USD
2 years ago
Jan 27, 2022
Bought 123 K USD
PROCTOR H PALMER JR
Director
+ 2000
61.53 USD
3 years ago
Aug 25, 2021
Sell 409 K USD
Boyd Stephen M
EVP/ Pres Wholesale Brokerage
- 7050
58.026 USD
3 years ago
Jul 29, 2021
Bought 110 K USD
PROCTOR H PALMER JR
Director
+ 2000
54.98 USD
3 years ago
May 06, 2021
Sell 515 K USD
LLOYD ROBERT W
EVP, Secy, General Counsel
- 9629
53.52 USD
3 years ago
Apr 29, 2021
Sell 43.9 M USD
BROWN HYATT J
Chairman
- 850000
51.66 USD
3 years ago
Jan 29, 2021
Bought 217 K USD
Hays James Charles
Director
+ 5000
43.4 USD
3 years ago
Jan 29, 2021
Bought 217 K USD
Hays James Charles
Director
+ 5000
43.35 USD
4 years ago
Jul 30, 2020
Sell 971 K USD
LLOYD ROBERT W
EVP, Secy, General Counsel
- 21828
44.4983 USD
4 years ago
Feb 20, 2020
Sell 217 K USD
Walker Chris L
EVP and Pres. Programs Segment
- 4469
48.4624 USD
4 years ago
Dec 19, 2019
Sell 1.18 M USD
PENNY JEROME SCOTT
EVP Chief Acquisitions Officer
- 30000
39.4667 USD
5 years ago
Jul 25, 2019
Bought 36 K USD
PROCTOR H PALMER JR
Director
+ 1000
35.97 USD
5 years ago
Jul 25, 2019
Bought 28.8 K USD
PROCTOR H PALMER JR
Director
+ 800
35.955 USD
5 years ago
Jul 25, 2019
Bought 115 K USD
PROCTOR H PALMER JR
Director
+ 3200
35.96 USD
5 years ago
Mar 13, 2019
Sell 1.02 M USD
STRIANESE ANTHONY T
EVP and Pres. Wholesale Div.
- 35000
29.1665 USD
5 years ago
Mar 06, 2019
Sell 310 K USD
LLOYD ROBERT W
EVP, Secy, General Counsel
- 10601
29.2874 USD
6 years ago
Nov 07, 2018
Sell 57.3 K USD
STRIANESE ANTHONY T
EVP and Pres. Wholesale Div.
- 2000
28.66 USD
6 years ago
Mar 13, 2018
Sell 1.89 M USD
BROWN HYATT J
Chairman
- 35561
53.1283 USD
6 years ago
Mar 14, 2018
Sell 222 K USD
BROWN HYATT J
Chairman
- 4200
52.7453 USD
6 years ago
Mar 15, 2018
Sell 5.29 M USD
BROWN HYATT J
Chairman
- 100239
52.75 USD
7 years ago
Aug 01, 2017
Sell 223 K USD
STRIANESE ANTHONY T
EVP and Pres. Wholesale Div.
- 5000
44.61 USD
7 years ago
Aug 01, 2017
Sell 223 K USD
STRIANESE ANTHONY T
EVP and Pres. Wholesale Div.
- 5000
44.56 USD
7 years ago
Aug 02, 2017
Sell 111 K USD
STRIANESE ANTHONY T
EVP and Pres. Wholesale Div.
- 2500
44.43 USD
7 years ago
Aug 02, 2017
Sell 111 K USD
STRIANESE ANTHONY T
EVP and Pres. Wholesale Div.
- 2500
44.48 USD
7 years ago
Aug 02, 2017
Sell 171 K USD
STRIANESE ANTHONY T
EVP and Pres. Wholesale Div.
- 3870
44.29 USD
7 years ago
Apr 21, 2017
Sell 1.04 M USD
STRIANESE ANTHONY T
EVP and Pres. Wholesale Div.
- 24562
42.24 USD
7 years ago
Dec 01, 2016
Sell 436 K USD
PENNY JEROME SCOTT
EVP,Chief Acquisitions Officer
- 10000
43.558 USD
7 years ago
Nov 23, 2016
Sell 640 K USD
PENNY JEROME SCOTT
EVP,Chief Acquisitions Officer
- 15000
42.6394 USD
7 years ago
Nov 23, 2016
Sell 1.07 M USD
FREEBOURN RICHARD
EVP and People Officer
- 25000
42.9 USD
8 years ago
Sep 20, 2016
Sell 111 K USD
LLOYD ROBERT W
EVP, Secy, General Counsel
- 2971
37.315 USD
8 years ago
Jun 30, 2016
Sell 53.5 K USD
STRIANESE ANTHONY T
EVP and Pres. Wholesale Div.
- 1444
37.02 USD
8 years ago
Jun 24, 2016
Sell 984 K USD
FREEBOURN RICHARD
EVP and People Officer
- 27569
35.6917 USD
8 years ago
May 25, 2016
Sell 96.2 K USD
STRIANESE ANTHONY T
EVP and Pres. Wholesale Div.
- 2700
35.64 USD
8 years ago
Mar 29, 2016
Sell 531 K USD
PENNY JEROME SCOTT
EVP,Chief Acquisitions Officer
- 15000
35.4075 USD
8 years ago
Mar 23, 2016
Sell 203 K USD
STRIANESE ANTHONY T
EVP and Pres. Wholesale Div.
- 5765
35.2548 USD
9 years ago
Nov 26, 2014
Sell 2.42 K USD
FREEBOURN RICHARD
People Officer
- 75
32.29 USD
9 years ago
May 18, 2015
Sell 6.08 K USD
FREEBOURN RICHARD
People Officer
- 190
32.02 USD
9 years ago
Jun 13, 2015
Sell 5.07 K USD
FREEBOURN RICHARD
People Officer
- 155
32.72 USD
9 years ago
Jul 24, 2015
Sell 11.4 K USD
FREEBOURN RICHARD
People Officer
- 340
33.65 USD
8 years ago
Nov 30, 2015
Sell 15.9 K USD
FREEBOURN RICHARD
People Officer
- 490
32.5 USD
9 years ago
Jun 17, 2015
Sell 501 K USD
PENNY JEROME SCOTT
Chief Acquisitions Officer
- 15000
33.39 USD
9 years ago
Jun 18, 2015
Sell 134 K USD
STRIANESE ANTHONY T
Pres. Wolesale Brokerage Div.
- 3985
33.59 USD
9 years ago
Jun 17, 2015
Sell 501 K USD
PENNY JEROME SCOTT
Chief Acquisitions Officer
- 15000
33.39 USD
9 years ago
Jun 04, 2015
Sell 98.9 K USD
STRIANESE ANTHONY T
Pres. Wolesale Brokerage Div.
- 3000
32.96 USD
10 years ago
Sep 08, 2014
Sell 716 K USD
Masters Kenneth R
Senior Vice President
- 21884
32.74 USD
10 years ago
Jun 24, 2014
Sell 667 K USD
Masters Kenneth R
Senior Vice President
- 21883
30.5 USD
7. News
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. globenewswire.com - 1 day ago
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. globenewswire.com - 5 days ago
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. seekingalpha.com - 1 week ago
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. globenewswire.com - 2 weeks ago
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. seekingalpha.com - 2 weeks ago
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. zacks.com - 2 weeks ago
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. zacks.com - 2 weeks ago
Brown & Brown, Inc. (BRO) Q3 2024 Earnings Call Transcript Brown & Brown, Inc. (NYSE:BRO ) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Powell Brown - President and CEO Andy Watts - EVP, CFO and Treasurer Conference Call Participants Gregory Peters - Raymond James Rob Cox - Goldman Sachs Elyse Greenspan - Wells Fargo Yaron Kinar - Jefferies Michael Zaremski - BMO Mark Hughes - Truist Securities Alex Scott - Barclays Meyer Shields - Keefe, Bruyette & Woods Grace Carter - Bank of America Scott Heleniak - RBC Capital Markets Brian Meredith - UBS Operator Good morning, and welcome to the Brown & Brown Inc. Third Quarter Earnings Call. Today's call is being recorded. seekingalpha.com - 2 weeks ago
Brown & Brown (BRO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates Although the revenue and EPS for Brown & Brown (BRO) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 2 weeks ago
Brown & Brown (BRO) Q3 Earnings and Revenues Surpass Estimates Brown & Brown (BRO) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.71 per share a year ago. zacks.com - 2 weeks ago
Brown & Brown, Inc. announces third quarter 2024 results, including total revenues of $1.2 billion, an increase of 11.0%; Organic Revenue growth of 9.5%; diluted net income per share of $0.81; and Diluted Net Income Per Share - Adjusted of $0.91 DAYTONA BEACH, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the third quarter of 2024. globenewswire.com - 2 weeks ago
Brown & Brown, Inc. announces 15% increase in quarterly cash dividend rate DAYTONA BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) today announced that the board of directors has declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on November 13, 2024, to shareholders of record on November 6, 2024. The dividend represents a 15% increase from the previous regular quarterly cash dividend of $0.13 per share and is Brown & Brown's 31st consecutive annual dividend increase. globenewswire.com - 3 weeks ago
8. Profile Summary

Brown & Brown, Inc. BRO

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COUNTRY US
INDUSTRY Insurance - Brokers
MARKET CAP $ 31.5 B
Dividend Yield 0.12%
Description Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also offers outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, and flood insurance products. It serves through independent agents. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.
Contact 300 North Beach Street, Daytona Beach, FL, 32114 https://www.bbinsurance.com
IPO Date Feb. 11, 1981
Employees 16152
Officers Mr. Chris L. Walker Executive Vice President & President of Programs Segment Mr. P. Barrett Brown Executive Vice President & President of Retail Segment Mr. Richard A. Knudson C.I.C. Senior Vice President of Retail Segment Mr. J. Scott Penny C.I.C. Executive Vice President & Chief Acquisitions Officer Mr. C. Robert Mathis IV Senior Vice President & Chief Legal Officer Mr. J. Powell Brown C.P.C.U. Chief Executive Officer, President & Director Mr. Kiet Tran Chief Technology Officer Mr. Kenneth Gray Nester II Executive Vice President & Chief Information Officer Jenny Goco Director of Communications Ms. Julie L. Turpin Executive Vice President & Chief People Officer