- Insurance - Brokers
- Financial Services
-
3.52
EPS
-
27.98
P/E
-
28.1B
MARKET CAP
-
0.51%
DIV YIELD
Company Overview
300 N. BEACH STREET,DAYTONA BEACH FL 32114,386-252-9601
CEO
Mr. Kiet Tran
Employess
16152
Sector
Financial Services
Industry
Insurance - Brokers
Website
https://www.bbinsurance.com
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.
Next Earnings Date
Oct. 28, 2024
Ex Dividends date
Aug. 14, 2024
Dividend Date
Aug. 7, 2024
YTD Performance
39.05%
Fiscal Year End
12-31
IPO Date
1981-02-11
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 12.12% | 16.20% | 17.77% | 19.13% |
EPS | 15.14% | 19.31% | 21.78% | 28.99% |
Equity | 10.76% | 13.21% | 14.11% | 21.10% |
Cash | 27.49% | 39.30% | 41.24% | 254.29% |
Return On Capital (ROIC) | 8.99% | 9.17% | 9.56% | 9.84% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 569 | 251 | 42.5 | 70 | 55 |
Long Term Debt | 3,230 | 3,890 | 2,160 | 2,200 | 1,670 |
LT Finance Leases | 179 | 196 | 180 | 173 | 168 |
Shares Outstanding | 280 | 278 | 276 | 274 | 272 |
Market Cap | 19,900 | 15,800 | 19,400 | 13,000 | 10,800 |
Price
News
Brown & Brown (BRO) Is Up 7.26% in One Week: What You Should Know
2 monthsDoes Brown & Brown (BRO) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.comBrown & Brown, Inc. enters into an agreement to acquire Quintes Holding B.V.
2 monthsDAYTONA BEACH, Fla., July 29, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), Aquiline Capital Partners, Gijsbert van de Nieuwegiessen and the management ownership team of Quintes Holding B.V. (“Quintes”), today announced that the parties have entered into an agreement to acquire the Quintes insurance operations. The transaction is expected to close in the fourth quarter of 2024, subject to certain closing conditions, including the receipt of required regulatory approvals for the acquisition.
globenewswire.comBarksdale Announces Closing of Private Placement Financing
2 monthsVancouver, British Columbia--(Newsfile Corp. - July 26, 2024) - Barksdale Resources Corp. (TSXV: BRO) ("Barksdale" or the "Company") is pleased to announce the closing of the second and final tranche ("Final Tranche") of its previously announced non-brokered private placement offering ("Offering") of units of the Company ("Units") with the issuance of 14,674,683 Units for gross proceeds of $2,201,202.45. The first tranche ("First Tranche") of the non-brokered private placement offering comprising 27,325,317 Units for gross proceeds of $4,098,798 closed on June 27, 2024 (see news release dated June 27, 2024).
newsfilecorp.comAre Finance Stocks Lagging Brown & Brown (BRO) This Year?
2 monthsHere is how Brown & Brown (BRO) and Iron Mountain (IRM) have performed compared to their sector so far this year.
zacks.comBrown & Brown, Inc. (BRO) Q2 2024 Earnings Call Transcript
2 monthsBrown & Brown, Inc. (NYSE:BRO ) Q2 2024 Earnings Conference Call July 23, 2024 8:00 AM ET Company Participants Powell Brown - President and CEO Andy Watts - EVP, CFO and Treasurer Conference Call Participants Mark Hughes - Truist Securities Michael Zaremski - BMO Elyse Greenspan - Wells Fargo Yaron Kinar - Jefferies Rob Cox - Goldman Sachs Sidney Schultz - Raymond James Grace Carter - Bank of America Meyer Shields - Keefe, Bruyette & Woods Mike Ward - Citi Scott Heleniak - RBC Capital Markets Operator Good morning, and welcome to the Brown & Brown Inc. Second Quarter Earnings Call. Today's call is being recorded.
seekingalpha.comBrown & Brown (BRO) Q2 Earnings Beat Estimates, Improve Y/Y
2 monthsBrown & Brown (BRO) Q2 results reflect improved organic revenues, expanded EBITDAC margin and higher net investment income, offset by higher expenses.
zacks.comBrown & Brown (BRO) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
2 monthsWhile the top- and bottom-line numbers for Brown & Brown (BRO) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.comBrown & Brown (BRO) Surpasses Q2 Earnings and Revenue Estimates
2 monthsBrown & Brown (BRO) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.68 per share a year ago.
zacks.comBrown & Brown, Inc. announces second quarter 2024 results, including total revenues of $1.2 billion, an increase of 12.5%; Organic Revenue growth of 10.0%; diluted net income per share of $0.90; and Diluted Net Income Per Share - Adjusted of $0.93
2 monthsDAYTONA BEACH, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the second quarter of 2024.
globenewswire.comHow To Earn $500 A Month From Brown & Brown Stock Ahead Of Q2 Earnings
2 monthsBrown & Brown, Inc. BRO will release its second-quarter financial results, after the closing bell on Monday, July 22.
benzinga.comBrown & Brown, Inc. included on 2024 Fortune Best Workplaces for Millennials™ list
2 monthsDAYTONA BEACH, Fla., July 18, 2024 (GLOBE NEWSWIRE) -- J. Powell Brown, president and chief executive officer, and Julie Turpin, chief people officer, are pleased to announce that Great Place To Work® and Fortune Magazine have named Brown & Brown, Inc. as one of the 2024 Best Workplaces for Millennials .
globenewswire.comBrown & Brown, Inc. Announces Quarterly Cash Dividend
2 monthsDAYTONA BEACH, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.13 per share. The dividend is payable on August 14, 2024, to shareholders of record on August 7, 2024.
globenewswire.com