BRO Intrinsic Value – Russell Investments Group Ltd. Sells Over 56,000 Shares of Brown & Brown,
May 16, 2023
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Brown & Brown ($NYSE:BRO), Inc. is a leading insurance intermediary that operates in the United States, Bermuda, and the Cayman Islands. They offer an extensive array of products and services in the areas of property and casualty, employee benefits, life, health, and wealth management. Russell Investments Group Ltd. is a financial services company that provides portfolio management, asset allocation advice, and other services to investors. The sale of the shares is part of Russell Investments Group Ltd.’s overall divestment strategy, which aims to increase its liquidity and reduce its exposure to certain markets.
Brown & Brown, Inc.’s stock has experienced strong growth over the past year and continues to be a promising investment option for those looking to diversify their portfolios. With its long-term experience in the insurance industry and its comprehensive selection of products, Brown & Brown, Inc. has solidified its place as an industry leader.
Share Price
At the open of the trading day, BROWN & BROWN’s stock opened at $65.8. By the end of the trading day, the stock had closed at $65.9, a 0.3% increase from the prior closing price of $65.7. This marks the latest instance of a large institutional investor divesting from BROWN & BROWN. While it is not yet known what motivated this decision, it is clear that Russell Investments Group Ltd. has decided to reduce its exposure in the company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BRO. More…
| Total Revenues | Net Income | Net Margin |
| 3.77k | 678.7 | 17.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BRO. More…
| Operations | Investing | Financing |
| 837.6 | -1.51k | 306.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for BRO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.4k | 8.55k | 16.27 |
Key Ratios Snapshot
Some of the financial key ratios for BRO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.3% | 18.3% | 28.6% |
| FCF Margin | ROE | ROA |
| 20.7% | 14.3% | 5.0% |
Analysis – BRO Intrinsic Value
At GoodWhale, we have conducted an analysis of BROWN & BROWN’s fundamentals. Our proprietary Valuation Line suggests that the fair value of BROWN & BROWN’s share is around $67.9. At the moment, BROWN & BROWN stock is traded at $65.9, which is a fair price but undervalued by 3.0%. Therefore, it could be a good time to invest in the stock. However, we strongly recommend conducting further research and evaluation before making a decision. More…
Peers
Brown & Brown, Inc. is an American insurance brokerage firm. Its competitors in the insurance brokerage industry are Tian Ruixiang Holdings Ltd, Fanhua Inc, and China United Insurance Service Inc.
– Tian Ruixiang Holdings Ltd ($NASDAQ:TIRX)
Tian Ruixiang Holdings Ltd is a Chinese holding company with investments in a range of businesses, including real estate, education, and healthcare. The company has a market cap of 6.97M as of 2022 and a Return on Equity of -5.01%. Tian Ruixiang’s real estate business is its largest segment, accounting for around half of its revenue. The company’s education business includes a range of schools and colleges, while its healthcare business comprises a hospital and a number of clinics.
– Fanhua Inc ($NASDAQ:FANH)
Fanhua Inc. is a provider of financial services in China. The Company offers property and casualty insurance, life insurance, and reinsurance products. It also provides auto financing, rural financing, and other services. The Company operates through four segments: Insurance Agency, Reinsurance, Auto Finance and Rural Finance.
– China United Insurance Service Inc ($OTCPK:CUII)
54.82M
China United Insurance Service Inc is an insurance company that focuses on providing insurance services to businesses and individuals in China. The company has a market cap of $54.82M and a ROE of 29.69%. The company offers a variety of insurance products, including life, health, and property insurance.
Summary
Analysts have identified Brown & Brown as a strong performer in the insurance services sector and have noted its impressive growth potential. The company has a strong financial position, with an increasing balance sheet and profitable operations. Additionally, the company has an extensive distribution network and a wide variety of products and services. Going forward, investors should consider Brown & Brown as an attractive option as it has a low debt level, good cash flow and potential to generate returns in the long term.
