Brown & Brown, Inc. (BRO) is a diversified insurance agency, wholesale brokerage, insurance programs and service company. 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 operates through four segments: the Retail segment; the National Programs segment; the Wholesale Brokerage segment, and the Services segment. The Retail Segment provides a range of insurance products and services to commercial, public and quasi-public entities, and to professional and individual customers. Its National Programs Segment works with over 40 carrier partners, offering approximately 50 programs. Its Wholesale Brokerage segment markets and sells excess and surplus commercial insurance products and services to retail insurance agencies. Services Segment provides a range of insurance-related services.
Upcoming dividend information: Ex-Div-Date: 10/26/16 Payment Date: 11/9/16 Dividend: $0.14 Current Price: $37.44 Annual Yield: 1.31%
Reported after close yesterday (10/20/16) Earnings: EPS $0.52 Revenue $462.3M Estimates: EPS $0.49 Revenue $455.07M Up 2.48% today so far
Analyst Upgrade/Downgrade Update Brokerage firm: Deutsche Bank Change: Downgrade Previous Rating: Buy Current Rating: Hold Previous Price Target: N/A Current Price Target: $40
