Brown & Brown (DB:BTW) - Stock Price, News & Analysis

BTW Stock Overview

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally.

About the company

BTW fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	4/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings are forecast to grow 5.51% per year

Earnings have grown 16.1% per year over the past 5 years

Risk Analysis

Has a high level of debt

Significant insider selling over the past 3 months

Brown & Brown, Inc. Competitors

Hannover Rück

XTRA:HNR1

€27.6b

Talanx

XTRA:TLX

€17.7b

Münchener Rückversicherungs-Gesellschaft in München

XTRA:MUV2

€54.7b

Allianz

XTRA:ALV

€102.1b

Price History & Performance

Summary of all time highs, changes and price drops for Brown & Brown
Historical stock prices
Current Share Price	US$75.92
52 Week High	US$80.34
52 Week Low	US$54.64
Beta	0.78
1 Month Change	-2.52%
3 Month Change	11.58%
1 Year Change	38.84%
3 Year Change	86.08%
5 Year Change	172.31%
Change since IPO	1,129.47%

Recent updates

Shareholder Returns

	BTW	DE Insurance	DE Market
7D	-2.4%	-1.5%	-2.5%
1Y	38.8%	21.8%	-0.4%

Return vs Industry: BTW exceeded the German Insurance industry which returned 25.2% over the past year.

Return vs Market: BTW exceeded the German Market which returned 1% over the past year.

Price Volatility

Is BTW's price volatile compared to industry and market?
BTW volatility
BTW Average Weekly Movement	2.5%
Insurance Industry Average Movement	2.6%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	9.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: BTW has not had significant price volatility in the past 3 months.

Volatility Over Time: BTW's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1939	16,152	J. Brown	www.bbinsurance.com

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment provides property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control survey and analysis, consultancy, and claims processing services.

Brown & Brown, Inc. Fundamentals Summary

How do Brown & Brown's earnings and revenue compare to its market cap?
BTW fundamental statistics
Market cap	€21.64b
Earnings (TTM)	€803.37m
Revenue (TTM)	€3.94b

26.8x

P/E Ratio

5.5x

P/S Ratio

Is BTW overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BTW income statement (TTM)
Revenue	US$4.20b
Cost of Revenue	US$2.19b
Gross Profit	US$2.02b
Other Expenses	US$1.16b
Earnings	US$857.20m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 22, 2024

Earnings per share (EPS)	3.00
Gross Margin	48.00%
Net Profit Margin	20.39%
Debt/Equity Ratio	68.0%

How did BTW perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

15%

Payout Ratio

BTW Stock Overview

Rewards

Risk Analysis

Brown & Brown, Inc. Competitors

XTRA:HNR1

€27.6b

XTRA:TLX

€17.7b

XTRA:MUV2

€54.7b

XTRA:ALV

€102.1b

Price History & Performance

Recent News & Updates

Brown & Brown, Inc. to Report Q1, 2024 Results on Apr 22, 2024

Brown & Brown, Inc., Annual General Meeting, May 08, 2024

Chairman of the Board recently sold €18m worth of stock

Full year 2023 earnings released: EPS: US$3.07 (vs US$2.38 in FY 2022)

Upcoming dividend of US$0.13 per share at 0.7% yield

Full year 2023 earnings released: EPS: US$3.11 (vs US$2.38 in FY 2022)

Recent updates

Brown & Brown, Inc. to Report Q1, 2024 Results on Apr 22, 2024

Brown & Brown, Inc., Annual General Meeting, May 08, 2024

Chairman of the Board recently sold €18m worth of stock

Full year 2023 earnings released: EPS: US$3.07 (vs US$2.38 in FY 2022)

Upcoming dividend of US$0.13 per share at 0.7% yield

Full year 2023 earnings released: EPS: US$3.11 (vs US$2.38 in FY 2022)

Brown & Brown, Inc. Appoints Kathleen A. Savio as Director of the Company

Davies Group Limited entered into an agreement to acquire American Claims Management, Inc., Preferred Governmental Claim Solutions, Inc., USIS, Inc. and ICA, LP from Brown & Brown, Inc. (NYSE:BRO) for approximately $210 million.

Third quarter 2023 earnings released: EPS: US$0.63 (vs US$0.57 in 3Q 2022)

Upcoming dividend of US$0.13 per share at 0.7% yield

Brown & Brown, Inc. Announces Increase in Quarterly Cash Dividend, Payable on November 15, 2023

Brown & Brown, Inc. (NYSE:BRO) acquired All of the assets of Pacific Underwriters Corporations.

Brown & Brown, Inc. (NYSE:BRO) acquired Kentro Capital Limited from B. P. Marsh & Company Limited.

Brown & Brown, Inc. to Report Q3, 2023 Results on Oct 23, 2023

Brown & Brown Promotes Mike Bruce to Chief Executive Officer of Brown & Brown Europe

Upcoming dividend of US$0.12 per share at 0.7% yield

Second quarter 2023 earnings released: EPS: US$0.68 (vs US$0.51 in 2Q 2022)

Brown & Brown, Inc. Announces Quarterly Cash Dividend, Payable on August 16, 2023

Brown & Brown, Inc. to Report Q2, 2023 Results on Jul 24, 2023

Brown & Brown, Inc. Announces Board Changes

Brown & Brown, Inc. Announces Executives Appointments

Brown & Brown, Inc. Appoints Pattysue Rauh as Chief Audit Officer, Effective July 2023

Brown & Brown, Inc. (NYSE:BRO) entered into an agreement to acquire Kentro Capital Limited from B. P. Marsh & Company Limited.

Brown & Brown, Inc. (NYSE:BRO) entered into an agreement to acquire Kentro Capital Limited

Brown & Brown, Inc. (NYSE:BRO) acquired substantially all of the assets from Brownlee Agency, Inc.

Upcoming dividend of US$0.12 per share at 0.7% yield

First quarter 2023 earnings released: EPS: US$0.84 (vs US$0.78 in 1Q 2022)

Vice Chairman recently bought €254k worth of stock

Full year 2022 earnings released: EPS: US$2.38 (vs US$2.08 in FY 2021)

Independent Director recently bought €184k worth of stock

Upcoming dividend of US$0.12 per share at 0.8% yield

Full year 2022 earnings released: EPS: US$2.42 (vs US$2.08 in FY 2021)

Brown & Brown, Inc. Announces Board Changes

Brown & Brown, Inc. Declares Regular Quarterly Cash Dividend, Payable on February 15, 2023

Brown & Brown, Inc. to Report Fiscal Year 2022 Results on Jan 23, 2023

Insufficient new directors

Upcoming dividend of US$0.12 per share

Brown & Brown, Inc. Declares Regular Quarterly Cash Dividend, Payable on November 16, 2022

Brown & Brown, Inc. to Report Q3, 2022 Results on Oct 24, 2022

Brown & Brown, Inc. (NYSE:BRO) acquired BDB Limited.

Upcoming dividend of US$0.10 per share

Second quarter 2022 earnings released: EPS: US$0.52 (vs US$0.49 in 2Q 2021)

Brown & Brown, Inc. Declares Quarterly Cash Dividend, Payable on August 17, 2022

Brown & Brown, Inc. (NYSE:BRO) completed the acquisition of Global Risk Partners Limited.

Brown & Brown, Inc. (NYSE:BRO) acquired General Insurance Operations of Patrick Quinlan Insurance Limited.

Brown & Brown, Inc. to Report Q2, 2022 Results on Jul 25, 2022

Independent Director recently bought €93k worth of stock

Brown & Brown, Inc. Announces the Appointment of Kiet Tran as Chief Technology Officer

Independent Director recently bought €95k worth of stock

Upcoming dividend of US$0.10 per share

First quarter 2022 earnings released: EPS: US$0.78 (vs US$0.71 in 1Q 2021)

Insufficient new directors

Brown & Brown, Inc. Declares Quarterly Cash Dividend, Payable on May 18, 2022

Brown & Brown, Inc. to Report Q1, 2022 Results on Apr 25, 2022

Brown & Brown, Inc. (NYSE:BRO) entered into an agreement to acquire BDB Limited.

Lead Independent Director recently bought €110k worth of stock

Upcoming dividend of US$0.10 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Insufficient new directors