Market Movers

Brown & Brown, Inc.’s Stock Price Drops to $102.00, Marking a 1.61% Decline: A Detailed Analysis

Brown & Brown, Inc. (BRO)

102.00 USD -1.67 (-1.61%) Volume: 0.93M

Brown & Brown, Inc.’s stock price sits at 102.00 USD, experiencing a slight dip of -1.61% this trading session, with a trading volume of 0.93M. Despite the minor setback, the stock showcases an impressive YTD performance with a +43.44% increase, reflecting its robust market presence.


Latest developments on Brown & Brown, Inc.

Brown & Brown stock price has seen a 4.9% increase since their last earnings report, with the recent acquisition of Quintes contributing to this positive movement. The company’s strategic focus on acquisitions, such as Quintes, has been a key driver in boosting their stock value. This move not only expands Brown & Brown‘s capabilities but also provides them with an unfair advantage in the market. Agency owners and investors are closely monitoring these developments, as they anticipate further growth and success for Brown & Brown in the near future.


A look at Brown & Brown, Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Brown & Brown shows a promising long-term outlook. With high scores in Growth and Momentum, the company is positioned for future success and expansion. Its focus on providing insurance and reinsurance products, along with risk management and employee benefit services, showcases its commitment to meeting the needs of its clients.

Although Brown & Brown may not score as high in Value and Dividend, its Resilience score indicates a stable foundation that can weather market fluctuations. With a strong presence across the United States, Brown & Brown is well-positioned to continue growing and serving its customers effectively in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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