Q1 EPS Estimates for Brown & Brown Boosted by Zacks Research

Brown & Brown, Inc. (NYSE:BRO - Free Report) - Investment analysts at Zacks Research upped their Q1 2025 earnings per share estimates for shares of Brown & Brown in a research note issued to investors on Monday, February 17th. Zacks Research analyst T. De now anticipates that the financial services provider will earn $1.26 per share for the quarter, up from their previous estimate of $1.23. The consensus estimate for Brown & Brown's current full-year earnings is $4.18 per share. Zacks Research also issued estimates for Brown & Brown's Q2 2025 earnings at $1.01 EPS, Q3 2025 earnings at $0.97 EPS, FY2025 earnings at $4.13 EPS, Q2 2026 earnings at $1.07 EPS, Q3 2026 earnings at $1.10 EPS, Q4 2026 earnings at $1.16 EPS, FY2026 earnings at $4.49 EPS and FY2027 earnings at $5.07 EPS.

Several other research analysts also recently issued reports on BRO. Bank of America boosted their price objective on shares of Brown & Brown from $116.00 to $117.00 and gave the stock a "neutral" rating in a report on Tuesday, January 28th. Royal Bank of Canada increased their price objective on Brown & Brown from $118.00 to $120.00 and gave the stock an "outperform" rating in a report on Wednesday, January 29th. Truist Financial lifted their price target on Brown & Brown from $116.00 to $118.00 and gave the stock a "buy" rating in a report on Wednesday, October 30th. StockNews.com lowered Brown & Brown from a "buy" rating to a "hold" rating in a research note on Saturday, November 2nd. Finally, Wells Fargo & Company lifted their target price on Brown & Brown from $115.00 to $125.00 and gave the stock an "overweight" rating in a report on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Brown & Brown presently has an average rating of "Hold" and an average price target of $113.17.

Brown & Brown Stock Up 0.0 %

Shares of NYSE:BRO traded up $0.00 during trading on Wednesday, reaching $111.65. 1,714,738 shares of the company traded hands, compared to its average volume of 1,482,600. The firm has a fifty day simple moving average of $105.28 and a 200 day simple moving average of $105.45. The firm has a market cap of $31.92 billion, a P/E ratio of 32.27, a price-to-earnings-growth ratio of 2.93 and a beta of 0.86. Brown & Brown has a 1-year low of $80.33 and a 1-year high of $114.15. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.56.

Brown & Brown (NYSE:BRO - Get Free Report) last released its quarterly earnings results on Monday, January 27th. The financial services provider reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.76 by $0.10. Brown & Brown had a return on equity of 17.81% and a net margin of 20.68%.

Brown & Brown Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 12th. Investors of record on Wednesday, February 5th were issued a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $0.60 dividend on an annualized basis and a yield of 0.54%. Brown & Brown's dividend payout ratio is currently 17.34%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BRO. Ascent Group LLC grew its position in shares of Brown & Brown by 14.9% during the 4th quarter. Ascent Group LLC now owns 3,128 shares of the financial services provider's stock worth $319,000 after buying an additional 406 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of Brown & Brown by 3.0% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,611,286 shares of the financial services provider's stock worth $164,383,000 after purchasing an additional 46,912 shares in the last quarter. Mackenzie Financial Corp raised its position in Brown & Brown by 4.9% in the fourth quarter. Mackenzie Financial Corp now owns 94,093 shares of the financial services provider's stock valued at $9,599,000 after purchasing an additional 4,424 shares during the last quarter. Invst LLC raised its position in shares of Brown & Brown by 4.0% during the fourth quarter. Invst LLC now owns 10,374 shares of the financial services provider's stock worth $1,058,000 after acquiring an additional 396 shares during the last quarter. Finally, Parr Mcknight Wealth Management Group LLC acquired a new stake in Brown & Brown during the fourth quarter worth approximately $1,252,000. 71.01% of the stock is currently owned by institutional investors and hedge funds.

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.