Brown & Brown, Inc. (NYSE:BRO – Free Report) – Analysts at William Blair issued their FY2026 earnings per share estimates for shares of Brown & Brown in a research report issued on Thursday, January 23rd. William Blair analyst A. Klauber forecasts that the financial services provider will earn $4.47 per share for the year. The consensus estimate for Brown & Brown’s current full-year earnings is $3.74 per share.
A number of other research analysts also recently weighed in on BRO. Morgan Stanley initiated coverage on Brown & Brown in a research note on Thursday, December 5th. They issued an “overweight” rating and a $134.00 price target on the stock. Barclays raised their price objective on Brown & Brown from $108.00 to $119.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 21st. Jefferies Financial Group raised their price objective on Brown & Brown from $98.00 to $104.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Truist Financial raised their price objective on Brown & Brown from $116.00 to $118.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada raised their price objective on Brown & Brown from $113.00 to $118.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $112.08.
Brown & Brown Stock Up 0.7 %
Shares of BRO opened at $106.01 on Monday. The business’s fifty day moving average price is $105.75 and its two-hundred day moving average price is $103.89. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.73 and a current ratio of 1.73. The firm has a market capitalization of $30.31 billion, a price-to-earnings ratio of 28.88, a PEG ratio of 2.12 and a beta of 0.85. Brown & Brown has a 52 week low of $75.79 and a 52 week high of $114.15.
Brown & Brown (NYSE:BRO – Get Free Report) last announced its quarterly earnings data on Monday, October 28th. The financial services provider reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.16 billion. Brown & Brown had a return on equity of 17.12% and a net margin of 22.65%. The business’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period last year, the company earned $0.71 EPS.
Institutional Investors Weigh In On Brown & Brown
Hedge funds have recently bought and sold shares of the stock. Brooklyn Investment Group acquired a new stake in Brown & Brown during the third quarter worth approximately $26,000. ST Germain D J Co. Inc. grew its stake in shares of Brown & Brown by 298.5% during the third quarter. ST Germain D J Co. Inc. now owns 267 shares of the financial services provider’s stock worth $28,000 after buying an additional 200 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Brown & Brown during the third quarter worth $29,000. R Squared Ltd bought a new stake in shares of Brown & Brown in the fourth quarter worth $31,000. Finally, Versant Capital Management Inc grew its stake in shares of Brown & Brown by 130.7% in the fourth quarter. Versant Capital Management Inc now owns 413 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 234 shares during the last quarter. 71.01% of the stock is currently owned by institutional investors and hedge funds.
Brown & Brown Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Wednesday, February 5th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date is Wednesday, February 5th. Brown & Brown’s payout ratio is currently 16.35%.
Brown & Brown Company Profile
Brown & Brown, Inc is an insurance agency, wholesale brokerage, insurance program and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services.
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