After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Brown & Brown, Inc. acquires the assets of DealerMax.
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
Brown & Brown, Inc. is listed on the NYSE in the Financial sector while operating in the Insurance Brokers industry. The current market capitalization of Brown & Brown, Inc. is $24.70B. A total of 1.03 million shares were traded on the day, compared to an average of 1.33M 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 reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. 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 28.31. 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.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, BRO has a high of $87.00 and a low of $55.42.
As of this writing, BRO has an earnings estimate of $1.05 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
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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 $19.60, while its Total Shareholder’s Equity was $4.20B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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.
