Brown & Brown Inc (BRO)
Brown & Brown, Inc. is a prominent insurance brokerage firm headquartered in Daytona Beach, Florida, providing a diverse range of insurance products and services across the United States and internationally, including regions such as Bermuda, Canada, the Cayman Islands, Ireland, and the United Kingdom. With a robust network of independent agents and a focus on innovative insurance solutions, the company is well-positioned to capitalize on market opportunities and deliver value to its clients. Brown & Brown's commitment to growth through strategic acquisitions and its strong operational performance underscore its significant presence in the competitive insurance landscape.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 43.50% per annum.
- BRO price at the close of March 27, 2026 was $63.43 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 83.23% per annum.
- BRO price at the close of March 27, 2026 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of BRO price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: February 28, 2025
End date: March 27, 2026
a = 7.0663
b = -0.0016
s = 0.0380
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -43.50%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0380) – 1
= 16.40%
February 28, 2025 calculations
Top border of price channel:
Exp(Y984)
= Exp(a + b × X984 + 2 × s)
= Exp(a + b × 1,431 + 2 × s)
= Exp(7.0663 + -0.0016 × 1,431 + 2 × 0.0380)
= Exp(4.9042)
= $134.86
Bottom border of price channel:
Exp(Y984)
= Exp(a + b × X984 – 2 × s)
= Exp(a + b × 1,431 – 2 × s)
= Exp(7.0663 + -0.0016 × 1,431 – 2 × 0.0380)
= Exp(4.7523)
= $115.85
March 27, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(7.0663 + -0.0016 × 1,823 + 2 × 0.0380)
= Exp(4.2911)
= $73.05
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(7.0663 + -0.0016 × 1,823 – 2 × 0.0380)
= Exp(4.1393)
= $62.76
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 43.50% per annum.
- BRO price at the close of March 27, 2026 was $63.43 and was inside the primary price channel.
Secondary Trend
Start date: March 2, 2026
End date: March 27, 2026
a = 13.0852
b = -0.0049
s = 0.0155
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0049) – 1
= -83.23%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0155) – 1
= 6.38%
March 2, 2026 calculations
Top border of price channel:
Exp(Y1,235)
= Exp(a + b × X1,235 + 2 × s)
= Exp(a + b × 1,798 + 2 × s)
= Exp(13.0852 + -0.0049 × 1,798 + 2 × 0.0155)
= Exp(4.3189)
= $75.11
Bottom border of price channel:
Exp(Y1,235)
= Exp(a + b × X1,235 – 2 × s)
= Exp(a + b × 1,798 – 2 × s)
= Exp(13.0852 + -0.0049 × 1,798 – 2 × 0.0155)
= Exp(4.2571)
= $70.60
March 27, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(13.0852 + -0.0049 × 1,823 + 2 × 0.0155)
= Exp(4.1966)
= $66.46
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(13.0852 + -0.0049 × 1,823 – 2 × 0.0155)
= Exp(4.1348)
= $62.48
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 83.23% per annum.
- BRO price at the close of March 27, 2026 was inside the secondary price channel.