Goldman considers Brown & Brown, Inc. (BRO) an eventual rally candidate as a long-term AI stock. The company has repeatedly made it to the 2024 Fortune Best Workplaces list in Financial Services & Insurance™, marking its fifth consecutive year. Brown & Brown, Inc. has announced its Q1 2024 earnings release and conference call dates. The past five-year investment in the company would have provided a whopping 176% gain.
Several acquisitions have contributed to the company's success, including DealerMax, McNamara Company, Rollins Insurance, Hillco Insurance, Quintes Holding B.V., Automotive Business Solutions, Kentro Capital Limited, The Pacific Underwriters Corporation, Brownlee Agency, INC, and BdB Limited companies. These acquisitions have helped them exceed revenue estimates and beat Q1 and Q2 earnings.
Significant appointments have also been made, including Kathleen A. Savio to their board of directors and asset acquisition-related appointments. The asset acquisitions of AGIS Network, INC, and Winston Benefits while diving into a strategic relationship with Davies Group Ltd after selling certain third-party administrator businesses.
Despite Insider Selling, analysts expect potential further earnings growth, and the stock remains popular among institutional investors. However, the share performance leaves some shareholders considering an exit.
Brown Brown BRO News Analytics from Wed, 27 Jun 2018 11:59:47 GMT to Sat, 14 Sep 2024 15:24:02 GMT - Rating 8 - Innovation 7 - Information 6 - Rumor -5
