After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Kathleen A. Savio named to Brown & Brown, Inc. board of directors.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
The company is listed on the NYSE and operates within the Insurance Brokers industry segment. The current market capitalization of Brown & Brown, Inc. is $21.30B. A total of 1.98 million shares were traded on the day, compared to an average of 1.44M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, BRO has seen 0 BUY and 4 SELL insider trades, representing the acquisition of 0 and the disposition of 5,000 shares. Over the last 12 months, there were 28 BUYs and 17 SELLs from insiders. Insiders purchased 138,215 shares during that period but sold 108,289.
In the most recent transaction, Boyd Stephen M sold 2,500 shares of BRO for 70.64 per share on Nov 02. After the transaction, the EVP/ Pres Wholesale Brokerage now owns 64,471 company shares. In a previous transaction on Jun 21, Masojada Bronislaw Edmund bought 4,000 shares at 65.78 per share. BRO shares that Director owns now total 4,000.
Among the insiders who sold shares, PROCTOR H PALMER JR disposed of 448 shares on May 01 at a per-share price of $65.68. This resulted in the Director holding 0 shares of BRO after the transaction. In another insider transaction, PROCTOR H PALMER JR sold 1 shares at $65.66 per share on May 01. Company shares held by the Director now total 41,098.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Brown & Brown, Inc. pays an annual dividend of $0.48, resulting in a dividend yield of 0.64%, and it has a price to earnings (P/E) ratio of 28.49. BRO’s most recent ex-dividend date was 2/1/2024 when it declared a $0.13 quarterly dividend that was paid in cash on 2/14/2024. Previously, the company paid the dividend on 11/15/2023 with an ex-dividend date of 10/31/2023. The BRO stock dividend was $0.13 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for BRO in the last 3 months, the mean price target is $78.55 with high estimates of $85.00 and low estimates of $70.00. In terms of 52-week highs and lows, BRO has a high of $76.25 and a low of $52.82.
As of this writing, BRO has an earnings estimate of $0.53 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $0.57 per share and a lower estimate of $0.5. The company reported an EPS of $0.68 in the last quarter, which was 15.30% higher than expectations of $0.59.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. BRO’s latest balance sheet shows that the firm has $706.10M in Cash & Short Term Investments as of fiscal 2021. There were $2.25B in debt and $2.67B in liabilities at the time. Its Book Value Per Share was $18.29, while its Total Shareholder’s Equity was $4.20B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BRO is Buy with a score of 3.83.
