Added to YB: 2026-05-26
Pitch date: 2026-05-23
BRO [neutral]
Brown & Brown, Inc.
Author Info
No bio for this author
Company Info
Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally.
Market Cap
$19.6B
Pitch Price
N/A
Price Target
N/A
Dividend
1.14%
EV/EBITDA
10.42
P/E
18.51
EV/Sales
4.27
Sector
Insurance
Category
turnaround
-10% in Three Days: What Really Happened with BRO
BRO (update): Q1 rev $1.9B (+35.4% YoY), adj EBITDAC $731M (+36.6%), margin 38.5%. Stock -10% as organic growth flat (0%, or +2.2% w/ contingents) vs peers despite flood headwinds & cat property rates down 15-35%. Accession integration on track w/ $30-40M synergies but dilutes margin 200bps near-term. Startup broker poaching $31M annualized rev. Mgmt guides organic to ~2.5% by YE as mix shifts to casualty. Quality business, temporary pressures.
Read full article (8 min)