The earnings report, which is expected to be released on July 22, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $1.14 billion, up 8.8% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial ...

Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 16,000 teammates and 500+ locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information or to find an office near you, please visit bbinsurance.com. DAYTONA BEACH, Fla., July 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces it will release its 2024 seco ...

DAYTONA BEACH, Fla., July 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2024 second-quarter earnings on Monday, July 22, 2024, after the close of the market. On Tuesday, July 23, 2024, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's second-quarter 2024 financial results. You are ...

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DAYTONA BEACH, Fla., June 07, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Patrick and Aleshia McNamara, principals of McNamara Company, today announced that Brown & Brown has acquired the assets of McNamara Company. McNamara Company is a family-owned agency that has been servicing customers in all 50 states for four generations. Established in 1970 in Minnesota, McNamara Company provides a full-service suite of insurance solutions for businesses ...

DAYTONA BEACH, Fla., June 07, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Patrick and Aleshia McNamara, principals of McNamara Company, today announced that Brown & Brown has acquired the assets of McNamara Company. John Esposito, senior vice president – Retail segment, stated, "We are thrilled that Pat, Aleshia and the McNamara team are joining Brown & Brown. The team brings experience across commercial and personal lines with a focus on franch ...

DAYTONA BEACH, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- Bridge Specialty Group, LLC ("Bridge Specialty") is very pleased to welcome Public Entities of America, LLC ("PEA") to its team of niche-focused, wholesale entities. For more information: Karl Snearer President of Apex Insurance Agency LLC Regional Leader for Bridge Specialty Group, LLC (804) 418-7186 Bridge Specialty Group, the wholesale insurance platform of Brown & Brown, Inc., is a team of companies focused on bringing the power of collective size an ...

DAYTONA BEACH, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- Bridge Specialty Group, LLC ("Bridge Specialty") is very pleased to welcome Public Entities of America, LLC ("PEA") to its team of niche-focused, wholesale entities. About Brown & Brown Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. For more information, please visit bbinsurance.com. This press release may contain certain statements relating to future r ...

Core Insights - Brown & Brown, Inc. (BRO) is positioned for growth through higher core commissions and fees, new business, solid retention, rate increases, strategic acquisitions, a strong financial position, and effective capital deployment [1] - The company has outperformed its peer group and the S&P 500 over the last five years, with a 10-year average total shareholder return of 399% [1] Performance Metrics - BRO's shares have increased by 23% year to date, surpassing the industry's growth of 8.5%, the Finance sector's increase of 4.1%, and the Zacks S&P 500 composite's rise of 9.8% [2] - The Zacks Consensus Estimate for BRO's 2024 earnings per share is $3.51, reflecting a 24.9% increase from the previous year, with revenues projected at $4.6 billion, a 9.2% increase [4] - For 2025, the earnings per share estimate is $3.79, indicating an 8% increase on revenues of $4.9 billion, which is a 6.2% rise [4] Growth Drivers - The expected long-term earnings growth for BRO is 10.1%, which is better than the industry average of 9.7% [5] - The company has achieved an 18.4% earnings growth over the past five years, exceeding the industry average of 13.2% [5] - Key growth drivers include increasing new business, strong retention, and continued rate increases across most lines of coverage, contributing to a five-year annual growth rate of 14% in the top line [5] Strategic Initiatives - BRO plans to invest consistently in organic growth and margin expansion, boasting an industry-leading adjusted EBITDAC margin [6] - The company has a strong inorganic growth strategy through strategic acquisitions, which enhance its product and service portfolio, expand global reach, and accelerate growth [6] Financial Health - Brown & Brown maintains a strong liquidity position and improved leverage ratio, ensuring robust cash conversion [8] - The company effectively deploys cash into acquisitions, capital expenditures, and shareholder wealth distribution through dividend increases [8] Dividend Performance - BRO has a solid track record of raising dividends for 30 consecutive years, with a five-year annualized dividend growth of 10.6% and a dividend yield of 0.6% [9]

Brown & Brown (BRO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this insurance company have returned -3.3% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Insurance - Brokerage industry, to which Brown & Brown belongs, has lost 5.6% over this period. Now the key question is: Where could the stock be headed in the near term?While med ...