Brown & Brown, Inc. (NYSE:BRO – Free Report) – William Blair decreased their FY2025 earnings per share estimates for Brown & Brown in a report released on Tuesday, April 29th. William Blair analyst A. Klauber now expects that the financial services provider will post earnings of $4.17 per share for the year, down from their prior estimate of $4.22. 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 Q4 2025 earnings at $0.88 EPS and FY2026 earnings at $4.59 EPS.
Several other equities analysts have also recently issued reports on the company. UBS Group upped their price objective on Brown & Brown from $110.00 to $120.00 and gave the company a “neutral” rating in a research report on Wednesday, April 9th. Edward Jones started coverage on Brown & Brown in a research report on Wednesday, April 16th. They set a “buy” rating on the stock. Bank of America lifted their price objective on Brown & Brown from $116.00 to $117.00 and gave the stock a “neutral” rating in a report on Tuesday, January 28th. Keefe, Bruyette & Woods raised their price target on shares of Brown & Brown from $97.00 to $102.00 and gave the company an “underperform” rating in a report on Wednesday, April 9th. Finally, Jefferies Financial Group boosted their price objective on shares of Brown & Brown from $105.00 to $109.00 and gave the company a “hold” rating in a report on Friday, April 11th. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Brown & Brown has an average rating of “Hold” and an average target price of $116.83.
Brown & Brown Trading Up 1.4 %
Shares of NYSE BRO opened at $110.60 on Friday. The firm’s 50 day moving average price is $117.83 and its 200-day moving average price is $110.69. Brown & Brown has a 52-week low of $83.60 and a 52-week high of $125.68. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.79 and a current ratio of 1.79. The company has a market cap of $31.70 billion, a PE ratio of 31.97, a P/E/G ratio of 2.93 and a beta of 0.75.
Brown & Brown (NYSE:BRO – Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.30 by ($0.01). Brown & Brown had a return on equity of 17.81% and a net margin of 20.68%. The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the prior year, the firm earned $1.14 EPS. Brown & Brown’s revenue for the quarter was up 11.6% compared to the same quarter last year.
Institutional Investors Weigh In On Brown & Brown
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Optimum Investment Advisors bought a new stake in shares of Brown & Brown during the 1st quarter valued at $31,000. Kohmann Bosshard Financial Services LLC bought a new stake in Brown & Brown during the fourth quarter valued at about $28,000. Johnson Financial Group Inc. lifted its position in shares of Brown & Brown by 534.1% in the fourth quarter. Johnson Financial Group Inc. now owns 279 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 235 shares in the last quarter. Y.D. More Investments Ltd boosted its stake in shares of Brown & Brown by 122.7% in the fourth quarter. Y.D. More Investments Ltd now owns 294 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 162 shares during the period. Finally, R Squared Ltd purchased a new stake in shares of Brown & Brown during the fourth quarter worth about $31,000. 71.01% of the stock is owned by hedge funds and other institutional investors.
Brown & Brown Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Monday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.54%. 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.
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