Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Brown & Brown Inc Market Cap
From what 13 stock analysts predict, the share price for Brown & Brown Inc (BRO) might increase by 0.76% in the next year. This is based on a 12-month average estimation for BRO. Price targets go from $92 to $112. The majority of stock analysts believe BRO is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
About 13 Wall Street analysts have assignedBRO 2 buy ratings, 8 hold ratings, and 3 sell ratings. This means that analysts expect Brown & Brown Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BRO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BRO.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
Argus Research | Buy | $120 | Initiates | Sep 24, 2024 |
| Alex Scott Barclays | Equal-Weight | $108 | Initiates | Sep 4, 2024 |
| Elyse Greenspan Wells Fargo | Overweight | $112 | Upgrade | Aug 12, 2024 |
| Meyer Shields Keefe, Bruyette & Woods | Underperform | $92 | Maintains | Jul 26, 2024 |
| C. Gregory Peters Raymond James | Outperform | $110 | Maintains | Jul 25, 2024 |
| Mark Hughes Truist Securities | Buy | $112 | Maintains | Jul 24, 2024 |
| Elyse Greenspan Wells Fargo | Equal-Weight | $94 | Maintains | Jul 24, 2024 |
| Scott Heleniak RBC Capital | Outperform | $110 | Maintains | Jul 24, 2024 |
| Mark Hughes Truist Securities | Buy | $104 | Maintains | Jul 10, 2024 |
| Weston Bloomer UBS | Neutral | $94 | Maintains | Jul 9, 2024 |
| Michael Ward Citigroup | Buy | $100 | Maintains | May 31, 2024 |
| Grace Carter B of A Securities | Neutral | $101 | Upgrade | May 22, 2024 |
| Meyer Shields Keefe, Bruyette & Woods | Underperform | $82 | Maintains | May 3, 2024 |
| Elyse Greenspan Wells Fargo | Equal-Weight | $85 | Maintains | Apr 24, 2024 |
| Mark Hughes Truist Securities | Buy | $94 | Maintains | Apr 24, 2024 |
| Michael Ward Citigroup | Buy | $94 | Maintains | Apr 16, 2024 |
| Elyse Greenspan Wells Fargo | Equal-Weight | $84 | Maintains | Apr 11, 2024 |
B of A Securities | Underperform | Maintains | Apr 10, 2024 | |
| Meyer Shields Keefe, Bruyette & Woods | Underperform | $80 | Maintains | Apr 10, 2024 |
| C. Gregory Peters Raymond James | Outperform | $95 | Reiterates | Mar 26, 2024 |
When did it IPO
1992
Staff Count
16,152
Country
United States
Sector/Industry
Financial Services/Insurance Brokers
CEO
Mr. J. Powell Brown C.P.C.U.
Market Cap
$29.82B
In 2023, BRO generated $4.20B in revenue, which was a increase of 17.85% from the previous year. This can be seen as a signal that BRO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 03 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Brown & Brown, Inc. (NYSE:BRO) has acquired the assets of The Canopy Group, Inc., as announced by J. Scott Penny and Canopy Group principals Paul Borchert and Jeff McDonald.
Why It Matters - The acquisition expands Brown & Brown's portfolio, potentially enhancing revenue and market share, which can positively influence stock performance and investor sentiment.
Mon, 30 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Brown & Brown, Inc. (NYSE: BRO) will release Q3 2024 earnings on October 28, 2024. An investor call is scheduled for October 29 at 8:00 a.m. EDT, accessible via their website.
Why It Matters - Brown & Brown's upcoming earnings release and investor update could impact stock performance, revealing financial health and guiding investor sentiment ahead of trading.
Mon, 16 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Brown & Brown, Inc. (NYSE: BRO) has appointed Mike Neal and Mark Abate to its senior leadership team and Retail segment leadership, effective Sept. 16, 2024.
Why It Matters - Leadership changes can signal shifts in company strategy or direction, potentially impacting performance and stock prices. Investors may reassess the company's growth prospects and stability.
Fri, 13 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - BRO is positioned for growth due to increased core commissions and fees, new business development, strong retention rates, strategic acquisitions, and effective capital deployment.
Why It Matters - BRO's strong growth indicators, including rising commissions, new business, and strategic acquisitions, suggest potential for increased profitability, positively impacting investor confidence and stock performance.
Thu, 12 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Brown & Brown, Inc. has been named to the 2024 Fortune Best Workplaces in Financial Services & Insurance™ List for the fifth consecutive year, recognizing its workplace environment.
Why It Matters - Brown & Brown's recognition as a top workplace enhances its brand reputation, potentially attracting talent and clients while signaling operational stability, which can boost investor confidence.
Wed, 21 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Brown & Brown (BRO) reported earnings 30 days ago; investors should monitor upcoming developments and performance indicators for future stock movements.
Why It Matters - Earnings reports influence stock performance; analysts will assess Brown & Brown's financial health and future guidance, impacting investor sentiment and stock price movements.
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