Brown & Brown Q4 EPS Estimate Decreased by Zacks Research

Brown & Brown, Inc. (NYSE:BRO - Free Report) - Stock analysts at Zacks Research reduced their Q4 2026 earnings estimates for Brown & Brown in a research note issued on Thursday, October 16th. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $1.08 for the quarter, down from their previous estimate of $1.11. The consensus estimate for Brown & Brown's current full-year earnings is $4.18 per share.

Brown & Brown (NYSE:BRO - Get Free Report) last issued its earnings results on Monday, July 28th. The financial services provider reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.04. Brown & Brown had a net margin of 19.89% and a return on equity of 15.10%. The firm had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.28 billion. During the same quarter last year, the business earned $0.93 earnings per share. The business's revenue was up 9.1% on a year-over-year basis.

BRO has been the topic of a number of other reports. UBS Group reduced their price objective on shares of Brown & Brown from $120.00 to $106.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods reduced their price objective on shares of Brown & Brown from $104.00 to $87.00 and set an "underperform" rating on the stock in a research report on Thursday, July 31st. Weiss Ratings downgraded shares of Brown & Brown from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, October 8th. Barclays reduced their price objective on shares of Brown & Brown from $108.00 to $102.00 and set an "equal weight" rating on the stock in a research report on Wednesday, October 8th. Finally, Bank of America raised shares of Brown & Brown from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $126.00 to $130.00 in a research report on Wednesday, July 30th. Seven analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Brown & Brown has an average rating of "Hold" and an average target price of $109.92.

Brown & Brown Stock Performance

NYSE:BRO opened at $87.45 on Friday. The company has a quick ratio of 6.72, a current ratio of 6.72 and a debt-to-equity ratio of 0.64. The firm's fifty day simple moving average is $94.38 and its 200 day simple moving average is $104.17. The stock has a market cap of $28.84 billion, a P/E ratio of 25.20, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. Brown & Brown has a twelve month low of $87.39 and a twelve month high of $125.68.

Brown & Brown Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, August 13th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, August 13th. Brown & Brown's payout ratio is 17.29%.

Insiders Place Their Bets

In other Brown & Brown news, Director Bronislaw Edmund Masojada bought 1,000 shares of the company's stock in a transaction dated Wednesday, August 6th. The shares were purchased at an average price of $91.44 per share, for a total transaction of $91,440.00. Following the acquisition, the director owned 5,000 shares in the company, valued at approximately $457,200. This represents a 25.00% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Paul J. Krump bought 2,678 shares of the company's stock in a transaction dated Friday, August 8th. The shares were acquired at an average price of $93.31 per share, for a total transaction of $249,884.18. Following the acquisition, the director owned 5,353 shares in the company, valued at approximately $499,488.43. This represents a 100.11% increase in their position. The disclosure for this purchase can be found here. Insiders own 17.02% of the company's stock.

Institutional Trading of Brown & Brown

Hedge funds have recently modified their holdings of the business. Bares Capital Management Inc. bought a new position in Brown & Brown in the 1st quarter worth about $26,000. Optimum Investment Advisors bought a new position in Brown & Brown in the 1st quarter worth about $31,000. SouthState Corp boosted its stake in Brown & Brown by 188.6% in the 1st quarter. SouthState Corp now owns 254 shares of the financial services provider's stock worth $32,000 after purchasing an additional 166 shares in the last quarter. ST Germain D J Co. Inc. boosted its stake in Brown & Brown by 298.5% in the 2nd quarter. ST Germain D J Co. Inc. now owns 267 shares of the financial services provider's stock worth $30,000 after purchasing an additional 200 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in Brown & Brown in the 2nd quarter worth about $30,000. Institutional investors own 71.01% of the company's stock.

About Brown & Brown

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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