DOWLING & PARTN Predicts Weaker Earnings for Brown & Brown

Brown & Brown, Inc. (NYSE:BRO) – Analysts at DOWLING & PARTN reduced their FY2026 EPS estimates for Brown & Brown in a research note issued to investors on Wednesday, November 4th. DOWLING & PARTN analyst J. Christiana now anticipates that the financial services provider will post earnings per share of $4.40 for the year, down from their previous forecast of $4.65. The consensus estimate for Brown & Brown’s current full-year earnings is $4.47 per share. DOWLING & PARTN also issued estimates for Brown & Brown’s FY2027 earnings at $4.75 EPS and FY2028 earnings at $5.25 EPS.

Other research analysts have also recently issued research reports about the company. Citigroup decreased their price target on Brown & Brown from $79.00 to $76.00 and set a “neutral” rating for the company in a research note on Wednesday, October 28th. BMO Capital Markets increased their price objective on Brown & Brown from $73.00 to $74.00 and gave the company a “market perform” rating in a research report on Wednesday, July 29th. Truist Financial dropped their price objective on Brown & Brown from $90.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday, October 28th. Barclays reduced their price objective on Brown & Brown from $76.00 to $71.00 and set an “equal weight” rating for the company in a report on Wednesday, October 7th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Brown & Brown in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $75.47.

Brown & Brown Stock Performance

Shares of BRO opened at $73.96 on Thursday. The business’s fifty day simple moving average is $66.95 and its two-hundred day simple moving average is $66.74. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 0.58. Brown & Brown has a 12 month low of $53.81 and a 12 month high of $82.57. The company has a market cap of $24.53 billion, a price-to-earnings ratio of 23.41, a P/E/G ratio of 2.32 and a beta of 0.52.

Brown & Brown (NYSE:BRO) last released its quarterly earnings data on Monday, October 26th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.08 by ($0.01). The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.76 billion. Brown & Brown had a net margin of 17.63% and a return on equity of 13.29%. The business’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company posted $1.05 earnings per share.

Brown & Brown Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 11th. Investors of record on Wednesday, November 4th will be issued a $0.18 dividend. This is an increase from Brown & Brown’s previous quarterly dividend of $0.1650. This represents a $0.72 annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, November 4th. Brown & Brown’s dividend payout ratio is 20.89%.

Institutional Investors Weigh In On Brown & Brown

Large investors have recently added to or reduced their stakes in the stock. Westside Investment Management Inc. boosted its stake in shares of Brown & Brown by 84.7% in the 3rd quarter. Westside Investment Management Inc. now owns 399 shares of the financial services provider’s stock worth $25,000 after buying an additional 183 shares during the last quarter. Continuum Advisory LLC purchased a new stake in Brown & Brown during the second quarter valued at $34,000. Allied Private Wealth LLC purchased a new stake in Brown & Brown during the second quarter valued at $35,000. Johnson Financial Group Inc. purchased a new stake in Brown & Brown during the second quarter valued at $37,000. Finally, Manchester Capital Management LLC lifted its holdings in Brown & Brown by 853.3% in the third quarter. Manchester Capital Management LLC now owns 572 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 512 shares during the period. Institutional investors own 71.01% of the company’s stock.

About Brown & Brown

Brown & Brown, Inc is an insurance brokerage and risk management company headquartered in Daytona Beach, Florida. The company helps businesses, public entities, individuals and other organizations identify, manage and transfer risk by arranging insurance coverage and providing related advisory services.

Its operations include retail insurance brokerage, national programs, wholesale brokerage and services. Brown & Brown offers property and casualty insurance, employee benefits, personal insurance, surety and other specialized coverage.