Brown & Brown BRO
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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 a diversified insurance agency, wholesale brokerage, insurance programs, and service. The Company markets and sells insurance products and services, in the property, casualty, and employee benefits areas. It provides customers with non-investment insurance contracts, as well as other targeted, customized risk management products and services. It has four reportable segments; the Retail segment; the Programs segment; the Wholesale Brokerage segment and; the Services segment. It generates the majority of its revenue from the Retail segment which provides insurance products and services to commercial, public and quasi-public, and Others through automobile dealer services F&I businesses. Its geographic area is U.S., U.K., the Republic of Ireland, Canada, and Others.
Key Insights
Brown & Brown (BRO) Core Market Data and Business Metrics
Latest Closing Price
$124.11Market Cap
$35.60 BillionPrice-Earnings Ratio
35.87Total Outstanding Shares
286.63 Million SharesTotal Employees
17,403Dividend
$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 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities, Continuing | $-898 Million |
| Net Cash Flow, Continuing | $212 Million |
| Net Cash Flow From Operating Activities, Continuing | $1.17 Billion |
| Net Cash Flow From Investing Activities | $-898 Million |
| Net Cash Flow | $212 Million |
| Net Cash Flow From Financing Activities, Continuing | $-64 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Attributable To Noncontrolling Interest | $9 Million |
| Income Tax Expense/Benefit, Deferred | $13 Million |
| Operating Income/Loss | $1.30 Billion |
| Diluted Average Shares | $284 Million |
| Diluted Earnings Per Share | $3.46 |
| Income/Loss From Continuing Operations After Tax | $1.00 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 |
|---|---|
| Noncurrent Liabilities | $4.86 Billion |
| Other Current Liabilities | $5.94 Billion |
| Current Liabilities | $6.31 Billion |
| Intangible Assets | $1.81 Billion |
| Fixed Assets | $319 Million |
| Assets | $17.61 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 |