Brown & Brown, Inc. (BRO) is consistently
outperforming other finance stocks this year, with a
36.9% rise in one year and
53.6% rally YTD. The company's shares have been boosted by
strong earnings results, beating estimates consistently, complemented by a pool of big money investments. Investors are buying up Brown & Brown, Inc.'s shares, indicating their confidence in the insurance broker's long-term potential. Various entities and individuals, from Congress Wealth Management to New Age Alpha Advisors and Prudential Financial, hold substantial positions. Even though the firm faced a recent downgrade, analysts still endorse its
growth trajectory. It's highlighted for its
steady shareholder returns, achieved through consistent dividend payments, reinforcing its reputation as a
dividend aristocrat. Intriguingly, the company has seen some insider selling, suggesting potential weaknesses. Still, the
market optimism drove the stock price to reach a new 1-year high. The company is
expanding its footprints in environmental insurance through a strategic acquisition and also announced the asset acquisition of HARCO Insurance Services and HARCO Financial Services. In the leadership team, Chilton D. Varner stepped down while Stephen P Hearn joined as COO. Consequently, Brown & Brown, Inc. is considered one of the
best insurance stocks for long-term investment.
Brown Brown BRO News Analytics from Wed, 27 Jun 2018 11:59:47 GMT to Sat, 29 Mar 2025 10:45:34 GMT -
Innovation 7
- Information 9
- Rumor -1
