Q3 EPS Estimates for Brown & Brown Reduced by William Blair

Brown & Brown, Inc. (NYSE:BRO - Free Report) - Equities researchers at William Blair cut their Q3 2025 earnings estimates for Brown & Brown in a report issued on Tuesday, April 29th. William Blair analyst A. Klauber now forecasts that the financial services provider will earn $0.99 per share for the quarter, down from their previous estimate of $1.00. The consensus estimate for Brown & Brown's current full-year earnings is $4.18 per share. William Blair also issued estimates for Brown & Brown's Q2 2026 earnings at $1.10 EPS, Q3 2026 earnings at $1.09 EPS and Q4 2026 earnings at $0.98 EPS.

A number of other equities research analysts have also recently issued reports on the stock. Royal Bank of Canada upped their price objective on shares of Brown & Brown from $118.00 to $120.00 and gave the company an "outperform" rating in a research note on Wednesday, January 29th. Barclays boosted their target price on Brown & Brown from $119.00 to $121.00 and gave the stock an "equal weight" rating in a report on Friday, April 11th. UBS Group boosted their target price on Brown & Brown from $110.00 to $120.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 9th. Bank of America upped their price objective on Brown & Brown from $116.00 to $117.00 and gave the company a "neutral" rating in a research report on Tuesday, January 28th. Finally, Morgan Stanley restated an "equal weight" rating and set a $128.00 price objective on shares of Brown & Brown in a research report on Tuesday, March 25th. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $116.67.

Brown & Brown Stock Performance

Shares of NYSE:BRO traded up $0.13 during trading on Thursday, hitting $110.53. 365,674 shares of the company were exchanged, compared to its average volume of 1,459,913. The stock has a 50 day moving average of $117.74 and a 200 day moving average of $110.74. The company has a market cap of $31.68 billion, a PE ratio of 31.91, a P/E/G ratio of 2.93 and a beta of 0.75. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.79 and a quick ratio of 1.79. Brown & Brown has a 52-week low of $83.60 and a 52-week high of $125.68.

Brown & Brown (NYSE:BRO - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The financial services provider reported $1.29 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.01). The firm had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.41 billion. Brown & Brown had a net margin of 20.68% and a return on equity of 17.81%. The company's revenue was up 11.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.14 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BRO. Phillips Wealth Planners LLC lifted its position in shares of Brown & Brown by 3.4% during the 1st quarter. Phillips Wealth Planners LLC now owns 2,659 shares of the financial services provider's stock worth $316,000 after buying an additional 88 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in Brown & Brown by 26.8% in the first quarter. SBI Securities Co. Ltd. now owns 454 shares of the financial services provider's stock valued at $56,000 after buying an additional 96 shares during the period. Gateway Investment Advisers LLC boosted its holdings in shares of Brown & Brown by 2.3% during the 1st quarter. Gateway Investment Advisers LLC now owns 4,312 shares of the financial services provider's stock worth $536,000 after buying an additional 97 shares in the last quarter. Journey Strategic Wealth LLC grew its holdings in Brown & Brown by 2.3% in the fourth quarter. Journey Strategic Wealth LLC now owns 4,486 shares of the financial services provider's stock worth $458,000 after purchasing an additional 99 shares during the period. Finally, CWA Asset Management Group LLC grew its stake in Brown & Brown by 3.7% in the fourth quarter. CWA Asset Management Group LLC now owns 2,916 shares of the financial services provider's stock valued at $297,000 after acquiring an additional 103 shares during the period. Institutional investors and hedge funds own 71.01% of the company's stock.

Brown & Brown Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Monday, May 12th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Monday, May 12th. Brown & Brown's payout ratio is currently 16.71%.

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.