Brown & Brown BRO
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Brown & Brown (BRO) Business Model and Operations Summary
Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.
Key Insights
Brown & Brown (BRO) Core Market Data and Business Metrics
Latest Closing Price
$124.23Market Cap
$35.52 BillionPrice-Earnings Ratio
35.90Total Outstanding Shares
285.26 Million SharesTotal Employees
16,152Dividend
$0.15 Per Share QuarterlyIPO Date
February 27, 1981SIC Description
Insurance Agents, Brokers & ServicePrimary Exchange
New York Stock ExchangeHeadquarters
300 N. Beach Street, Daytona Beach, FL, 32114
Historical Stock Splits
If you bought 1 share of BRO before November 29, 2005, you'd have 4 shares today.
| Execution Date | Split Amount |
|---|---|
| March 29, 2018 | 2-for-1 |
| November 29, 2005 | 2-for-1 |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 2,229,266 Shares | 2.54 | 3/14/2025 | 5,670,033 Shares |
| 1,535,183 Shares | 3.05 | 2/28/2025 | 4,675,576 Shares |
| 1,437,019 Shares | 2.93 | 2/14/2025 | 4,214,097 Shares |
| 1,924,549 Shares | 2.2 | 1/31/2025 | 4,241,300 Shares |
| 1,394,286 Shares | 3.6 | 1/15/2025 | 5,019,713 Shares |
| 1,176,279 Shares | 4.08 | 12/31/2024 | 4,801,384 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $1.17 Billion |
| Net Cash Flow From Operating Activities | $1.17 Billion |
| Net Cash Flow From Investing Activities | $-898 Million |
| Net Cash Flow From Financing Activities, Continuing | $-64 Million |
| Net Cash Flow From Investing Activities, Continuing | $-898 Million |
| Net Cash Flow | $212 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Diluted Average Shares | $284 Million |
| Operating Income/Loss | $1.30 Billion |
| Common Stock Dividends | $0.54 |
| Income Tax Expense/Benefit, Current | $287 Million |
| Income/Loss From Continuing Operations Before Tax | $1.30 Billion |
| Operating Expenses | $3.50 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $903 Million |
| Other Comprehensive Income/Loss | $-99 Million |
| Comprehensive Income/Loss Attributable To Parent | $903 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Liabilities And Equity | $17.61 Billion |
| Liabilities | $11.18 Billion |
| Long-term Debt | $3.82 Billion |
| Fixed Assets | $319 Million |
| Equity | $6.44 Billion |
| Other Non-current Liabilities | $1.04 Billion |
Historical Dividends
Current dividend: $0.15 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 22, 2025 | Feb 12, 2025 | Feb 5, 2025 | $0.15 | Quarterly |
| Oct 23, 2024 | Nov 13, 2024 | Nov 6, 2024 | $0.15 | Quarterly |
| Jul 17, 2024 | Aug 14, 2024 | Aug 7, 2024 | $0.13 | Quarterly |
| Apr 22, 2024 | May 15, 2024 | May 6, 2024 | $0.13 | Quarterly |
| Jan 17, 2024 | Feb 14, 2024 | Feb 2, 2024 | $0.13 | Quarterly |
| Oct 18, 2023 | Nov 15, 2023 | Nov 1, 2023 | $0.13 | Quarterly |