After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Brown & Brown, Inc. acquires the assets of DealerMax.
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Stocks Info
This NYSE-listed company operates within the Insurance Brokers industry segment, falling under the Financial sector. The current market capitalization of Brown & Brown, Inc. is $24.78B. A total of 1.01 million shares were traded on the day, compared to an average of 1.34M shares.
In the most recent transaction, BROWN HYATT J sold 91,677 shares of BRO for 85.14 per share on Mar 13 ’24. After the transaction, the Chairman now owns 37,368,928 company shares. In a previous transaction on Mar 12 ’24, BROWN HYATT J sold 144,323 shares at 85.96 per share. BRO shares that Chairman owns now total 37,460,605.
Among the insiders who sold shares, Boyd Stephen M disposed of 2,500 shares on Nov 02 ’23 at a per-share price of $70.64. This resulted in the EVP/ Pres Wholesale Brokerage holding 64,471 shares of BRO after the transaction. In another insider transaction, Masojada Bronislaw Edmund bought 4,000 shares at $65.78 per share on Jun 21 ’23. Company shares held by the Director now total 4,000.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Brown & Brown, Inc. pays an annual dividend of $0.49, resulting in a dividend yield of 0.57%, and it has a price to earnings (P/E) ratio of 28.40. 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.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, BRO has a high of $86.53 and a low of $53.63.
As of this writing, BRO has an earnings estimate of $1.04 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $1.11 per share and a lower estimate of $0.93. The company reported an EPS of $0.71 in the last quarter, which was 14.50% higher than expectations of $0.62.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $19.60, while its Total Shareholder’s Equity was $4.20B.
Analysts Opinion
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. 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 3.67.
