Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $118.20 in the prior trading day, Brown & Brown, Inc (NYSE: BRO) closed at $117.76, down -0.37%. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 1.15 million shares were traded. BRO stock price reached its highest trading level at $118.02 during the session, while it also had its lowest trading level at $116.0728.
Ratios:
Our goal is to gain a better understanding of BRO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.91. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.59.
On March 25, 2025, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $128.
On December 05, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $134.Morgan Stanley initiated its Overweight rating on December 05, 2024, with a $134 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 26 ’24 when ORMOND RIVERSIDE, L P bought 29,921 shares for $111.75 per share.
BROWN HYATT J sold 389,007 shares of BRO for $43,471,532 on Nov 25 ’24. The Chairman now owns 36,029,921 shares after completing the transaction at $111.75 per share. On Nov 26 ’24, another insider, BROWN HYATT J, who serves as the Chairman of the company, sold 29,921 shares for $111.75 each. As a result, the insider received 3,343,672 and left with 36,000,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRO now has a Market Capitalization of 33753313280 and an Enterprise Value of 37063348224. As of this moment, Brown’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.02, and their Forward P/E ratio for the next fiscal year is 25.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.02 while its Price-to-Book (P/B) ratio in mrq is 5.25. Its current Enterprise Value per Revenue stands at 7.866 whereas that against EBITDA is 23.223.
Stock Price History:
The Beta on a monthly basis for BRO is 0.87, which has changed by 0.44561744 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, BRO has reached a high of $125.68, while it has fallen to a 52-week low of $80.87. The 50-Day Moving Average of the stock is 0.09%, while the 200-Day Moving Average is calculated to be 9.74%.
Shares Statistics:
The stock has traded on average 1.81M shares per day over the past 3-months and 1727830 shares per day over the last 10 days, according to various share statistics. A total of 286.00M shares are outstanding, with a floating share count of 237.44M. Insiders hold about 17.16% of the company’s shares, while institutions hold 75.24% stake in the company. Shares short for BRO as of 1743379200 were 5353395 with a Short Ratio of 2.95, compared to 1740700800 on 4675576. Therefore, it implies a Short% of Shares Outstanding of 5353395 and a Short% of Float of 2.5100000000000002.
Dividends & Splits
In the trailing 12 months, BRO’s forward annual dividend rate was 0.54, compared to 0.56 this year. Against a Trailing Annual Dividend Yield of 0.0045685284The stock’s 5-year Average Dividend Yield is 0.65. The current Payout Ratio is 15.63% for BRO, which recently paid a dividend on 2025-02-05 with an ex-dividend date of 1738713600. Stock splits for the company last occurred on 2018-03-29 when the company split stock in a 2:1 ratio.