William Blair Weighs in on Brown & Brown Q1 Earnings

Brown & Brown, Inc. (NYSE:BROFree Report) – Stock analysts at William Blair issued their Q1 2025 earnings per share (EPS) estimates for Brown & Brown in a research note issued on Tuesday, October 29th. William Blair analyst A. Klauber expects that the financial services provider will earn $1.24 per share for the quarter. The consensus estimate for Brown & Brown’s current full-year earnings is $3.73 per share. William Blair also issued estimates for Brown & Brown’s Q2 2025 earnings at $1.04 EPS, Q3 2025 earnings at $1.01 EPS and Q4 2025 earnings at $0.83 EPS.

A number of other brokerages have also recently weighed in on BRO. Truist Financial upped their price target on Brown & Brown from $116.00 to $118.00 and gave the company a “buy” rating in a research report on Wednesday. Royal Bank of Canada boosted their price objective on Brown & Brown from $113.00 to $118.00 and gave the stock an “outperform” rating in a research note on Wednesday. Keefe, Bruyette & Woods boosted their price objective on Brown & Brown from $86.00 to $92.00 and gave the stock an “underperform” rating in a research note on Friday, July 26th. Raymond James boosted their price objective on Brown & Brown from $95.00 to $110.00 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. Finally, Jefferies Financial Group boosted their price objective on Brown & Brown from $98.00 to $104.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $106.50.

Check Out Our Latest Analysis on BRO

Brown & Brown Stock Performance

Shares of NYSE:BRO opened at $104.17 on Friday. The business’s fifty day moving average price is $104.16 and its two-hundred day moving average price is $95.73. Brown & Brown has a fifty-two week low of $69.13 and a fifty-two week high of $107.67. The stock has a market capitalization of $29.79 billion, a price-to-earnings ratio of 28.38, a price-to-earnings-growth ratio of 2.42 and a beta of 0.83. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.73 and a quick ratio of 2.35.

Brown & Brown (NYSE:BROGet Free Report) last announced its quarterly earnings results on Monday, October 28th. The financial services provider reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Brown & Brown had a return on equity of 17.12% and a net margin of 22.65%. The firm had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same period in the prior year, the business posted $0.71 earnings per share. The business’s revenue was up 11.0% compared to the same quarter last year.

Institutional Investors Weigh In On Brown & Brown

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Board of Administration of Florida Retirement System grew its holdings in shares of Brown & Brown by 2.5% during the first quarter. State Board of Administration of Florida Retirement System now owns 267,190 shares of the financial services provider’s stock worth $23,390,000 after buying an additional 6,613 shares in the last quarter. Sei Investments Co. lifted its holdings in Brown & Brown by 12.7% during the 1st quarter. Sei Investments Co. now owns 276,090 shares of the financial services provider’s stock worth $24,169,000 after purchasing an additional 31,071 shares during the last quarter. Great Valley Advisor Group Inc. bought a new position in Brown & Brown during the 2nd quarter worth $1,512,000. DekaBank Deutsche Girozentrale increased its stake in Brown & Brown by 12.4% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 251,839 shares of the financial services provider’s stock worth $21,855,000 after acquiring an additional 27,879 shares during the period. Finally, Avantax Advisory Services Inc. increased its stake in shares of Brown & Brown by 6.0% in the 1st quarter. Avantax Advisory Services Inc. now owns 4,174 shares of the financial services provider’s stock valued at $365,000 after purchasing an additional 238 shares during the last quarter. Institutional investors own 71.01% of the company’s stock.

Insider Activity

In related news, CFO R. Andrew Watts sold 2,500 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $100.32, for a total value of $250,800.00. Following the completion of the sale, the chief financial officer now owns 88,445 shares in the company, valued at approximately $8,872,802.40. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, Chairman Hyatt J. Brown sold 134,640 shares of the company’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $104.51, for a total value of $14,071,226.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO R. Andrew Watts sold 2,500 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $100.32, for a total value of $250,800.00. Following the completion of the sale, the chief financial officer now owns 88,445 shares of the company’s stock, valued at $8,872,802.40. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 17.02% of the stock is currently owned by insiders.

Brown & Brown Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 13th. Stockholders of record on Wednesday, November 6th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Wednesday, November 6th. This is a positive change from Brown & Brown’s previous quarterly dividend of $0.13. Brown & Brown’s dividend payout ratio is 14.17%.

Brown & Brown Company Profile

(Get Free Report)

Brown & Brown, Inc markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment provides property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control survey and analysis, consultancy, and claims processing services.

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Earnings History and Estimates for Brown & Brown (NYSE:BRO)

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