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Brown & Brown, Inc. (BRO) Stock Price, News & Analysis

Currency in USD Disclaimer
$90.04 $0.39 (0.44%)
$88.96
$90.3
$66.73
$93.75

Stock Score/grades

The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company


  • Altman Z Score 2.83
  • Piotroski Score 7.00
  • Grade Buy

Company brief: Brown & Brown, Inc. (BRO)


Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also offers outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, and flood insurance products. It serves through independent agents. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.

Morningstar - News Details (View)

Details

  • Quant star rating 3
  • A 3-star rating suggests average performance compared to other similar companies.

  • Quant star rating date 07/02/2024
  • Quant economic moat label Wide
  • Quant economic moat date 07/03/2024
  • The economic moat refers to the competitive advantage a company has over its competitors. A narrow moat suggests that the company has a less sustainable competitive advantage compared to those with wider moats.

  • Price over quant fair value $1.04
  • Price over quant fair value date 07/03/2024
  • Quant fair value $86.21
  • Quant valuation Fairly Valued
  • Quant fair value date 07/03/2024
  • This ratio indicates whether the stock is trading above (greater than 1) or below (less than 1) its fair value as determined by Morningstar's quantitative analysis. A ratio of 0.94 suggests the stock is currently trading at a slight discount (undervalued).

  • Quant fair value uncertainty label Medium
  • Moderate uncertainty in fair value estimates suggests some potential volatility in the stock price. It is advisable for investors to consider their risk tolerance and investment horizon while evaluating stocks with this level of uncertainty.

  • One star price $99.24
  • Quant fair value uncertainty date 07/03/2024
  • These price estimates indicate the price levels at which Morningstar would consider the stock significantly overvalued (one-star) or undervalued (five-star) based on their analysis.

  • One star price date 07/03/2024
  • Five star price $74.88
  • Five star price date 07/03/2024
  • Quant financial health label Strong
  • Quant financial health date 07/03/2024
  • Moderate financial health suggests stability but also indicates potential risks. Evaluate the company's ability to manage its financial obligations and fund growth initiatives.

Investment Considerations:

Valuation vs. Price: The stock is currently considered undervalued relative to its fair value, which could present a buying opportunity if you believe in Morningstar's valuation methodology.

Moat and Competitive Position: The narrow economic moat indicates less sustainable competitive advantages. Consider whether the company's business model and market position align with your investment goals.

Financial Health: Moderate financial health suggests stability but also indicates potential risks. Evaluate the company's ability to manage its financial obligations and fund growth initiatives.

Uncertainty: High uncertainty in fair value estimates implies potential volatility in the stock price. Factor in your risk tolerance and investment horizon when assessing this uncertainty.


Company Calendar


  • 04/22/2024
  • 05/03/2024
  • 05/15/2024
  • N/A
  • 07/22/2024
  • N/A

Price Target and Rating


  • $77.50
  • $95.00
  • $62.00
  • N/A
  • Buy
  • N/A
  • N/A

Profitability


  • $3.24
  • 27.86
  • 27.86
  • 27.86
  • $870.50 M

Key Stats

Key stats represent essential financial metrics and indicators used to evaluate a company's performance and potential investment opportunities.


Latest News of BRO

The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.


Moderate uncertainty in fair value estimates suggests some potential volatility in the stock price. It is advisable for investors to consider their risk tolerance and investment horizon while evaluating stocks with this level of uncertainty.
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