William Blair Reduces Earnings Estimates for Brown & Brown

Brown & Brown, Inc. (NYSE:BRO) – Equities research analysts at William Blair cut their Q3 2025 earnings estimates for shares of Brown & Brown in a note issued to investors on Tuesday, April 29th. William Blair analyst A. Klauber now expects that the financial services provider will earn $0.99 per share for the quarter, down from their previous forecast 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.

Brown & Brown (NYSE:BRO) last announced its quarterly earnings data on Monday, April 28th. The financial services provider reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.30 by ($0.01). Brown & Brown had a net margin of 20.68% and a return on equity of 17.81%. The firm had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period last year, the company posted $1.14 earnings per share. Brown & Brown’s revenue for the quarter was up 11.6% on a year-over-year basis.

A number of other brokerages have also recently issued reports on BRO. Edward Jones started coverage on Brown & Brown in a research report on Wednesday, April 16th. They set a “buy” rating on the stock. Wells Fargo & Company lifted their target price on Brown & Brown from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Wednesday, January 29th. UBS Group upped their price target on Brown & Brown from $110.00 to $120.00 and gave the company a “neutral” rating in a research report on Wednesday, April 9th. Barclays raised their price objective on shares of Brown & Brown from $119.00 to $121.00 and gave the company an “equal weight” rating in a research report on Friday, April 11th. Finally, Morgan Stanley restated an “equal weight” rating and set a $128.00 price target on shares of Brown & Brown in a research report on Tuesday, March 25th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $116.83.

Brown & Brown Trading Down 1.4 %

Shares of BRO opened at $109.05 on Thursday. Brown & Brown has a fifty-two week low of $81.79 and a fifty-two week high of $125.68. The business has a 50-day moving average of $117.91 and a 200 day moving average of $110.62. The firm has a market cap of $31.25 billion, a P/E ratio of 31.52, a price-to-earnings-growth ratio of 2.93 and a beta of 0.75. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.79 and a current ratio of 1.79.

Brown & Brown Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Monday, May 12th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Monday, May 12th. Brown & Brown’s payout ratio is presently 16.71%.

Institutional Trading of Brown & Brown

Hedge funds have recently added to or reduced their stakes in the business. Florida Financial Advisors LLC bought a new position in shares of Brown & Brown in the first quarter worth approximately $364,000. CWM LLC raised its stake in shares of Brown & Brown by 3.7% during the first quarter. CWM LLC now owns 6,342 shares of the financial services provider’s stock valued at $789,000 after acquiring an additional 227 shares during the last quarter. Kathmere Capital Management LLC boosted its holdings in shares of Brown & Brown by 26.4% during the first quarter. Kathmere Capital Management LLC now owns 3,365 shares of the financial services provider’s stock worth $419,000 after purchasing an additional 703 shares during the period. Ballentine Partners LLC boosted its holdings in Brown & Brown by 4.6% in the first quarter. Ballentine Partners LLC now owns 3,648 shares of the financial services provider’s stock valued at $454,000 after acquiring an additional 159 shares in the last quarter. Finally, IFC Advisors LLC purchased a new position in shares of Brown & Brown during the first quarter valued at about $229,000. 71.01% of the stock is owned by institutional investors.

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.