BRO Stock Overview
Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Cayman Islands, Ireland, and the United Kingdom.
No risks detected for BRO from our risk checks.
Brown & Brown Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$63.13|
|52 Week High||US$70.75|
|52 Week Low||US$42.72|
|1 Month Change||-6.57%|
|3 Month Change||-5.05%|
|1 Year Change||32.93%|
|3 Year Change||123.87%|
|5 Year Change||191.86%|
|Change since IPO||15,360.42%|
Recent News & Updates
Do Brown & Brown's (NYSE:BRO) Earnings Warrant Your Attention?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
|BRO||US Insurance||US Market|
Return vs Industry: BRO exceeded the US Insurance industry which returned 19.8% over the past year.
Return vs Market: BRO exceeded the US Market which returned 6.6% over the past year.
|BRO Average Weekly Movement||3.1%|
|Insurance Industry Average Movement||4.2%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: BRO is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BRO's weekly volatility (3%) has been stable over the past year.
About the Company
Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Cayman Islands, Ireland, and the United Kingdom. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The company offers builders risk, group medical and pharmaceutical, property, commercial auto, homeowners, reinsurance, crop and hail, inland marine, retirement benefit, cyber, disability, risk mitigating warranty products, directors and officers, management liability, errors and omissions, medical stop loss, term life, excess liability, personal auto, umbrella, general liability, prescription drug, workers compensation, and group dental insurance products.
Brown & Brown Fundamentals Summary
|BRO fundamental statistics|
Is BRO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BRO income statement (TTM)|
|Cost of Revenue||US$1.60b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Jan 24, 2022
|Earnings per share (EPS)||2.06|
|Net Profit Margin||19.73%|
How did BRO perform over the long term?See historical performance and comparison
0.6%Current Dividend Yield
Is Brown & Brown undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BRO ($63.13) is trading above our estimate of fair value ($33.34)
Significantly Below Fair Value: BRO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BRO is poor value based on its PE Ratio (30.6x) compared to the US Insurance industry average (11x).
PE vs Market: BRO is poor value based on its PE Ratio (30.6x) compared to the US market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: BRO is poor value based on its PEG Ratio (3.7x)
Price to Book Ratio
PB vs Industry: BRO is overvalued based on its PB Ratio (4.3x) compared to the US Insurance industry average (1.1x).
How is Brown & Brown forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BRO's forecast earnings growth (8.4% per year) is above the savings rate (2%).
Earnings vs Market: BRO's earnings (8.4% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: BRO's earnings are forecast to grow, but not significantly.
Revenue vs Market: BRO's revenue (7.9% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: BRO's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BRO's Return on Equity is forecast to be low in 3 years time (15.4%).
How has Brown & Brown performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRO has high quality earnings.
Growing Profit Margin: BRO's current net profit margins (19.7%) are higher than last year (18%).
Past Earnings Growth Analysis
Earnings Trend: BRO's earnings have grown by 14.1% per year over the past 5 years.
Accelerating Growth: BRO's earnings growth over the past year (26.8%) exceeds its 5-year average (14.1% per year).
Earnings vs Industry: BRO earnings growth over the past year (26.8%) underperformed the Insurance industry 39.8%.
Return on Equity
High ROE: BRO's Return on Equity (14.2%) is considered low.
How is Brown & Brown's financial position?
Financial Position Analysis
Short Term Liabilities: BRO's short term assets ($3.4B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: BRO's short term assets ($3.4B) exceed its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: BRO's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: BRO's debt to equity ratio has increased from 47.8% to 49.8% over the past 5 years.
Debt Coverage: BRO's debt is well covered by operating cash flow (39.6%).
Interest Coverage: BRO's interest payments on its debt are well covered by EBIT (12.9x coverage).
What is Brown & Brown current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BRO's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: BRO's dividend (0.65%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: BRO is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: BRO is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: BRO is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BRO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
J. Brown (53 yo)
Mr. J. Powell Brown, CPCU, has been the Chief Executive Officer of Brown & Brown Inc. since July 1, 2009 and has been its President since January 2007. Mr. Brown is responsible for all the operations of Br...
CEO Compensation Analysis
Compensation vs Market: J.'s total compensation ($USD7.25M) is below average for companies of similar size in the US market ($USD11.42M).
Compensation vs Earnings: J.'s compensation has increased by more than 20% in the past year.
Experienced Management: BRO's management team is seasoned and experienced (8 years average tenure).
Experienced Board: BRO's board of directors are seasoned and experienced ( 14.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Brown & Brown, Inc.'s employee growth, exchange listings and data sources
- Name: Brown & Brown, Inc.
- Ticker: BRO
- Exchange: NYSE
- Founded: 1939
- Industry: Insurance Brokers
- Sector: Insurance
- Implied Market Cap: US$17.830b
- Shares outstanding: 282.43m
- Website: https://www.bbinsurance.com
Number of Employees
- Brown & Brown, Inc.
- 300 North Beach Street
- Daytona Beach
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 23:37|
|End of Day Share Price||2022/01/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.