Brown & Brown (NYSE:BRO) Announces Earnings Results

Brown & Brown (NYSE:BRO) issued its earnings results on Monday. The financial services provider reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.01), FiscalAI reports. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.71 billion. Brown & Brown had a return on equity of 13.19% and a net margin of 17.75%.The business’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.03 earnings per share.

Brown & Brown Stock Up 5.7%

BRO opened at $73.65 on Wednesday. The business has a 50 day moving average of $62.81 and a 200-day moving average of $66.54. The stock has a market capitalization of $24.96 billion, a price-to-earnings ratio of 23.23, a P/E/G ratio of 3.22 and a beta of 0.60. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.52. Brown & Brown has a 1-year low of $53.81 and a 1-year high of $98.30.

Brown & Brown Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, August 12th will be issued a dividend of $0.165 per share. The ex-dividend date is Wednesday, August 12th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.9%. Brown & Brown’s payout ratio is 20.82%.

Analyst Ratings Changes

Several brokerages recently weighed in on BRO. Citizens Jmp raised their price objective on shares of Brown & Brown from $70.00 to $78.00 and gave the company a “market outperform” rating in a research report on Friday, July 10th. JPMorgan Chase & Co. dropped their price target on shares of Brown & Brown from $81.00 to $78.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Weiss Ratings downgraded shares of Brown & Brown from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 23rd. Raymond James Financial reaffirmed an “outperform” rating on shares of Brown & Brown in a research note on Friday, June 26th. Finally, Barclays upped their price objective on shares of Brown & Brown from $72.00 to $76.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $78.62.

Brown & Brown News Summary

Here are the key news stories impacting Brown & Brown this week:

• Positive Sentiment: Second-quarter revenue rose 30.4% year over year to $1.676 billion, while net income attributable to Brown & Brown increased 24.7% to $288 million. Adjusted diluted EPS climbed 3.9% to $1.07, supported by higher contingent commissions, expense leverage, recent acquisitions and Accession-related synergies. Brown & Brown Rises After Q2 Revenue Jump and Acquisition Synergy Hopes
• Positive Sentiment: Management said it has strong momentum heading into the second half of 2026. Adjusted EBITDAC increased 27% to $598 million, suggesting the enlarged platform is producing meaningful operating benefits even as integration continues. Brown & Brown Q2 2026 Earnings Call Transcript
• Positive Sentiment: Six-month revenue reached $3.577 billion, up 33%, and operating cash flow totaled $608 million. Two reported insider transactions over the past six months were purchases, providing a modest supportive signal.
• Neutral Sentiment: Analyst price targets are mixed, with recent targets ranging from $55 to $81 and a median near the low-$70s, indicating limited consensus on upside after the move.
• Negative Sentiment: Adjusted EPS narrowly missed the $1.08 consensus estimate, while revenue of $1.65 billion also trailed the $1.71 billion forecast. Brown & Brown Q2 Earnings and Revenues Lag Estimates
• Negative Sentiment: Organic revenue declined 0.7%, or increased only 0.7% including contingents, highlighting weak core growth beneath the acquisition-led expansion. Adjusted EBITDAC margin also narrowed to 35.7% from 36.7%, reflecting integration, amortization and higher interest costs.

Insider Buying and Selling

In related news, Director H Palmer Proctor, Jr. purchased 2,000 shares of Brown & Brown stock in a transaction on Tuesday, May 5th. The stock was purchased at an average cost of $57.10 per share, with a total value of $114,200.00. Following the acquisition, the director directly owned 47,621 shares in the company, valued at approximately $2,719,159.10. This trade represents a 4.38% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 13.13% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BRO. Evolve Private Wealth LLC acquired a new position in Brown & Brown in the 4th quarter valued at approximately $297,000. Voleon Capital Management LP acquired a new stake in shares of Brown & Brown during the 2nd quarter worth approximately $250,000. ICONIQ Capital LLC grew its holdings in shares of Brown & Brown by 5.4% during the 2nd quarter. ICONIQ Capital LLC now owns 2,110 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 109 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Brown & Brown by 30.1% during the fourth quarter. Parallel Advisors LLC now owns 2,700 shares of the financial services provider’s stock valued at $215,000 after purchasing an additional 624 shares during the period. Finally, Armistice Capital LLC bought a new stake in shares of Brown & Brown during the fourth quarter valued at approximately $206,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

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.