
Brown & Brown, Inc. (NYSE:BRO – Free Report) – DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for Brown & Brown in a report issued on Wednesday, May 20th. DOWLING & PARTN analyst J. Christiana forecasts that the financial services provider will post earnings of $4.65 per share for the year. The consensus estimate for Brown & Brown’s current full-year earnings is $4.50 per share. DOWLING & PARTN also issued estimates for Brown & Brown’s FY2027 earnings at $5.10 EPS.
Brown & Brown (NYSE:BRO – Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The financial services provider reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.03. The business had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.89 billion. Brown & Brown had a return on equity of 12.94% and a net margin of 17.94%.The firm’s revenue for the quarter was up 35.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.29 earnings per share.
View Our Latest Stock Report on Brown & Brown
Brown & Brown Trading Down 0.4%
Brown & Brown stock opened at $56.78 on Thursday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.64 and a current ratio of 1.64. The business’s 50-day simple moving average is $63.01 and its 200-day simple moving average is $71.63. The firm has a market capitalization of $19.25 billion, a PE ratio of 18.26, a PEG ratio of 2.64 and a beta of 0.66. Brown & Brown has a 52 week low of $53.81 and a 52 week high of $113.83.
Institutional Investors Weigh In On Brown & Brown
A number of institutional investors have recently added to or reduced their stakes in the company. Triad Investment Management acquired a new position in shares of Brown & Brown in the 4th quarter valued at $4,314,000. Bank of New York Mellon Corp grew its holdings in shares of Brown & Brown by 3.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,420,814 shares of the financial services provider’s stock valued at $133,258,000 after buying an additional 51,959 shares during the period. Tandem Investment Advisors Inc. grew its holdings in shares of Brown & Brown by 69.7% in the 3rd quarter. Tandem Investment Advisors Inc. now owns 1,385,214 shares of the financial services provider’s stock valued at $129,919,000 after buying an additional 569,037 shares during the period. Vanguard Group Inc. grew its holdings in shares of Brown & Brown by 4.8% in the 3rd quarter. Vanguard Group Inc. now owns 37,330,892 shares of the financial services provider’s stock valued at $3,501,264,000 after buying an additional 1,705,570 shares during the period. Finally, Vest Financial LLC grew its holdings in shares of Brown & Brown by 3.7% in the 4th quarter. Vest Financial LLC now owns 552,994 shares of the financial services provider’s stock valued at $44,074,000 after buying an additional 19,503 shares during the period. 71.01% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, Director H Palmer Proctor, Jr. bought 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were acquired at an average cost of $57.10 per share, with a total value of $114,200.00. Following the completion of the transaction, the director directly owned 47,621 shares in the company, valued at $2,719,159.10. This represents a 4.38% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 13.13% of the stock is currently owned by company insiders.
Brown & Brown Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Monday, May 11th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.66 dividend on an annualized basis and a yield of 1.2%. Brown & Brown’s dividend payout ratio (DPR) is 21.22%.
About Brown & Brown
Brown & Brown, Inc (NYSE: BRO) is a professional insurance brokerage and risk advisory firm that provides a broad range of property and casualty, employee benefits, personal risk, and specialty insurance products. The company works with commercial, public sector and individual clients to design and place insurance programs, manage claims and loss control, and deliver risk management consulting. Its services also include wholesale brokerage, program administration and other specialty distribution solutions that connect carriers and intermediaries to niche markets.
Brown & Brown operates through a decentralized model of operating units and subsidiaries, enabling local client service with the scale to access national and specialty markets.
Further Reading
- Five stocks we like better than Brown & Brown
- Dick’s Sporting Goods Isn’t Done Winning Yet
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
Receive News & Ratings for Brown & Brown Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brown & Brown and related companies with MarketBeat.com's FREE daily email newsletter.
