Brown Brown Stock Today
BRO Stock | USD 80.62 0.30 0.37% |
Performance9 of 100
| Odds Of DistressLess than 9
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Brown Brown is selling at 80.62 as of the 18th of April 2024; that is -0.37 percent down since the beginning of the trading day. The stock's open price was 80.92. Brown Brown has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok 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 18th of February 2024 and ending today, the 18th of April 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 2.59 M shares are currently shorted by investors with about 2.44 days to cover. More on Brown Brown
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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, Director | Powell Brown | ||||
Thematic Idea | Insurance (View all Themes) | ||||
Old Name | Broad Investments Ltd. | ||||
Business Concentration | Insurance 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. | |||||
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.
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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 23.12 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 2.59 M shares are currently shorted by investors with about 2.44 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 AllocationBrown 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 65.18%. 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 0.801 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 0.081, implying that it can generate a 0.081 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Brown Brown to move above the current price in 90 days from now is about 65.18 (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.Instituion | Recorded On | Shares | |
Norges Bank | 2023-12-31 | 3.1 M | |
Apg All Pensions Group | 2023-12-31 | 3 M | |
Clarkston Capital Partners, Llc | 2023-12-31 | 2.6 M | |
Fenimore Asset Management Inc | 2023-12-31 | 2.4 M | |
Proshare Advisors Llc | 2023-12-31 | 2.3 M | |
Northern Trust Corp | 2023-12-31 | 2.2 M | |
Amvescap Plc. | 2023-12-31 | 2 M | |
Manufacturers Life Insurance Co | 2023-12-31 | 2 M | |
Royal Bank Of Canada | 2023-12-31 | 2 M | |
Vanguard Group Inc | 2023-12-31 | 28.2 M | |
Blackrock Inc | 2023-12-31 | 16.3 M |
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 18th of April 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 FundamentalsBrown 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?
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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 Currey | Independent Director | Profile | |
Theodore Hoepner | Independent Director | Profile | |
Hugh Brown | Independent Director | Profile | |
Wendell Reilly | Lead Independent Director | Profile |
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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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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.
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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.