Brown Brown Stock Today

BRO Stock  USD 87.26  0.84  0.97%   

Performance

24 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
Brown Brown is selling at 87.26 as of the 28th of March 2024; that is 0.97 percent up since the beginning of the trading day. The stock's open price was 86.42. Brown Brown has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Equity ratings for Brown Brown are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of March 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
3rd of March 1992
Category
Financial Services
Classification
Financials
Brown Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. The company was founded in 19 and is headquartered in Daytona Beach, Florida. Brown Brown operates under Insurance Brokers classification in the United States and is traded on New York Stock Exchange. The company has 285.34 M outstanding shares of which 2.18 M shares are currently shorted by investors with about 1.71 days to cover. More on Brown Brown

Moving together with Brown Stock

  0.86ERIE Erie Indemnity Financial Report 25th of April 2024 PairCorr
  0.92AJG Arthur J Gallagher Fiscal Quarter End 31st of March 2024 PairCorr
  0.94AON Aon PLC Financial Report 26th of April 2024 PairCorr

Moving against Brown Stock

  0.92FANH Fanhua IncPairCorr
  0.91MBCN Middlefield Banc Fiscal Quarter End 31st of March 2024 PairCorr
  0.8DHIL Diamond Hill InvestmentPairCorr
  0.78EHTH EHealth Financial Report 14th of May 2024 PairCorr
  0.77CCG Cheche Group Downward RallyPairCorr
  0.69MBWM Mercantile Bank Fiscal Quarter End 31st of March 2024 PairCorr
  0.67RELI Reliance Global Group Earnings Call TodayPairCorr

Brown Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Brown Brown's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Brown Brown or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Brown Brown's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Brown Brown's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
President CEO, DirectorPowell Brown
Thematic IdeaInsurance (View all Themes)
Old NameBroad Investments Ltd.
Business ConcentrationInsurance Brokers, Financial Services, NYSE Composite, SP 500 Index, Insurance, Financials, Insurance, Insurance Brokers, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Brown Brown report their recommendations after researching Brown Brown's financial statements, talking to executives and customers, or listening in on Brown Brown's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Brown Brown. The Brown consensus assessment is calculated by taking the average forecast from all of the analysts covering Brown Brown.
Financial Strength
Based on the analysis of Brown Brown's profitability, liquidity, and operating efficiency, Brown Brown may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Brown Brown is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.08160.0584
Significantly Up
Pretty Stable
Asset Turnover0.270.2854
Notably Down
Slightly volatile
Gross Profit Margin0.580.9516
Way Down
Slightly volatile
Total Current Liabilities5.2 BB
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.6 B4.3 B
Sufficiently Up
Slightly volatile
Total Assets15.7 B14.9 B
Sufficiently Up
Slightly volatile
Total Current Assets5.4 B5.1 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.1 BB
Sufficiently Up
Slightly volatile
Brown Brown's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Brown Brown's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Brown Brown's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Brown Brown's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Brown Brown's financial leverage. It provides some insight into what part of Brown Brown's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Brown Brown's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Brown Brown deploys its capital and how much of that capital is borrowed.
Liquidity
Brown Brown cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.97 B in debt with debt to equity (D/E) ratio of 1.0, which is OK given its current industry classification. Brown Brown has a current ratio of 1.12, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist Brown Brown until it has trouble settling it off, either with new capital or with free cash flow. So, Brown Brown's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Brown Brown sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Brown to invest in growth at high rates of return. When we think about Brown Brown's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(87.02 Million)
Brown Brown (BRO) is traded on New York Stock Exchange in USA. It is located in 300 North Beach Street, Daytona Beach, FL, United States, 32114 and employs 16,152 people. Brown Brown is listed under Insurance Brokers category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 24.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Brown Brown's market, we take the total number of its shares issued and multiply it by Brown Brown's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Brown Brown runs under Insurance sector within Financials industry. The entity has 285.34 M outstanding shares of which 2.18 M shares are currently shorted by investors with about 1.71 days to cover. Brown Brown has about 650 M in cash with 1.01 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.09.
Check Brown Brown Probability Of Bankruptcy
Ownership Allocation
Brown Brown retains a total of 285.34 Million outstanding shares. The majority of Brown Brown outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Brown Brown to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Brown Brown. Please pay attention to any change in the institutional holdings of Brown Brown as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Brown Ownership Details

Brown Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Brown Brown jumping above the current price in 90 days from now is about 8.3%. The Brown Brown probability density function shows the probability of Brown Brown stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Brown Brown has a beta of 0.7462 suggesting as returns on the market go up, Brown Brown average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Brown Brown will be expected to be much smaller as well. Additionally, brown Brown has an alpha of 0.231, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 87.26HorizonTargetOdds Above 87.26
91.63%90 days
 87.26 
8.30%
Based on a normal probability distribution, the odds of Brown Brown to move above the current price in 90 days from now is about 8.3 (This Brown Brown probability density function shows the probability of Brown Stock to fall within a particular range of prices over 90 days) .

Brown Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Brown Brown that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Brown Brown's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Brown Brown's value.
InstituionRecorded OnShares
Norges Bank2023-12-31
3.1 M
Apg All Pensions Group2023-12-31
M
Clarkston Capital Partners, Llc2023-12-31
2.6 M
Fenimore Asset Management Inc2023-12-31
2.4 M
Proshare Advisors Llc2023-12-31
2.3 M
Northern Trust Corp2023-12-31
2.2 M
Amvescap Plc.2023-12-31
M
Manufacturers Life Insurance Co2023-12-31
M
Royal Bank Of Canada2023-12-31
M
Vanguard Group Inc2023-12-31
28.2 M
Blackrock Inc2023-12-31
16.3 M
View Brown Brown Diagnostics

Brown Brown Historical Income Statement

Brown Brown Income Statement is one of the three primary financial statements used for reporting Brown's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Brown Brown revenue and expense. Brown Brown Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Brown Brown's EBIT is very stable compared to the past year. As of the 28th of March 2024, EBITDA is likely to grow to about 1.2 B, while Total Other Income Expense Net is likely to drop about 8.5 M. View More Fundamentals

Brown Stock Against Markets

Picking the right benchmark for Brown Brown stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Brown Brown stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Brown Brown is critical whether you are bullish or bearish towards Brown Brown at a given time. Please also check how Brown Brown's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Brown Brown without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Earnings Calls Now

   

Earnings Calls

Check upcoming earnings announcements updated hourly across public exchanges
All  Next Launch Module

Brown Brown Corporate Directors

Brown Brown corporate directors refer to members of a Brown Brown board of directors. The board of directors generally takes responsibility for the Brown Brown's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Brown Brown's board members must vote for the resolution. The Brown Brown board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Bradley CurreyIndependent DirectorProfile
Theodore HoepnerIndependent DirectorProfile
Hugh BrownIndependent DirectorProfile
Wendell ReillyLead Independent DirectorProfile

How to buy Brown Stock?

Before investing in Brown Brown, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Brown Brown. To buy Brown Brown stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Brown Brown. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Brown Brown stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Brown Brown stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Brown Brown stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Brown Brown, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Brown Stock please use our How to Invest in Brown Brown guide.

Already Invested in Brown Brown?

The danger of trading Brown Brown is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Brown Brown is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Brown Brown. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Brown Brown is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Brown Brown offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brown Brown's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brown Brown Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brown Brown Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brown Brown. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Brown Stock analysis

When running Brown Brown's price analysis, check to measure Brown Brown's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brown Brown is operating at the current time. Most of Brown Brown's value examination focuses on studying past and present price action to predict the probability of Brown Brown's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brown Brown's price. Additionally, you may evaluate how the addition of Brown Brown to your portfolios can decrease your overall portfolio volatility.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Is Brown Brown's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brown Brown. If investors know Brown will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brown Brown listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.832
Dividend Share
0.475
Earnings Share
3.05
Revenue Per Share
15.038
Quarterly Revenue Growth
0.124
The market value of Brown Brown is measured differently than its book value, which is the value of Brown that is recorded on the company's balance sheet. Investors also form their own opinion of Brown Brown's value that differs from its market value or its book value, called intrinsic value, which is Brown Brown's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brown Brown's market value can be influenced by many factors that don't directly affect Brown Brown's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brown Brown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Brown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Brown's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.