Headquartered in Daytona Beach, FL Fiscal year ends December NYSE: BRO bbrown.com
Brown & Brown, Inc. (NYSE: BRO) is a global insurance brokerage firm providing comprehensive and customized insurance solutions across property & casualty, employee benefits, and specialty markets. The company operates through over 700 locations with approximately 23,000 professionals, serving customers at every stage of their growth journey. Brown & Brown's business model centers on commissions and fees earned from the placement of insurance policies and fee-based advisory services, supplemented by profit-sharing contingent commissions from insurance carriers. The company has pursued an aggressive acquisition strategy, most notably its transformative acquisition of RSC Topco, Inc. (Accession), which significantly expanded its scale, capabilities, and global reach. Brown & Brown also participates in captive insurance facilities, providing limited underwriting risk exposure, and offers automobile and recreational vehicle finance and incentives dealer services (F&I). Updated
Organic revenue grew just 1.2%, meaning almost all of the top-line gain came from the Accession deal, and both EPS and revenue missed expectations. Adjusted EBITDAC margin compressed as integration costs lingered into a softening insurance rate market.
Nearly every position got liquidated on a single day, August 25, in a filing that spans 78 trades across industrials, insurance, semis and freight. The largest exits ran into the $250,000 to $500,000 band, and small purchases earlier in the month were reversed within weeks. This reads as broad de-risking.
Insurance brokers collect commissions whether rates rise or fall, but three companies have quietly turned that boring renewal cycle into something that looks a lot like a compounding machine. The question is…
Barclays is pushing back against the narrative that artificial intelligence poses an existential threat to insurance brokers, upgrading two of the sector’s largest names while trimming its price target on a third.…
It may be tempting to obsess over the hottest and newest stocks on the market. Yet, sometimes the best wealth-building strategies involve “legacy” (i.e., old) companies that proudly return capital to their…
David Moadel Pre-Market Stock Futures: The futures are trading flat after a solid start to the shortened Christmas holiday week. All of the major indices finished the day higher, but with the big event…
Dividend Aristocrats are some of the best stocks to buy when they go on sale, as they’re backed by companies on a solid footing. These companies have raised the dividends on their…
Brown & Brown (NYSE: BRO | BRO Price Prediction) beat both earnings and revenue expectations in Q3, delivering adjusted diluted EPS of $1.05 against a $0.93 estimate and revenue of $1.606 billion…
Joel South Every earnings season, the headlines trumpet what analysts expect. But the filings related to insider trades that most skim right past are genuinely valuable and give you an edge over the average…
Warren Buffett is one of the most influential and celebrated investors of the modern age. However, Buffett’s methodology, developed with the late Charlie Munger on principles founded by Benjamin Graham, include these …
Dividend Aristocrats are stocks on the S&P 500 that have raised their dividends every year for 25 years or more. It is a select group of stocks. Of the thousands of companies…
Brown & Brown, Inc. (NYSE: BRO) is a global insurance brokerage firm providing comprehensive and customized insurance solutions across property & casualty, employee benefits, and specialty markets.
24/7 Wall St.'s 12-month price target for BRO is $78.21, rated Buy. The Wall Street consensus target is $74.67. BRO price prediction →
