Q3 EPS Estimates for Brown & Brown Lifted by Zacks Research

Brown & Brown, Inc. (NYSE:BRO) – Investment analysts at Zacks Research boosted their Q3 2025 EPS estimates for shares of Brown & Brown in a research report issued to clients and investors on Thursday, October 16th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $0.88 per share for the quarter, up from their prior forecast of $0.87. The consensus estimate for Brown & Brown’s current full-year earnings is $4.18 per share. Zacks Research also issued estimates for Brown & Brown’s FY2025 earnings at $4.14 EPS, Q1 2026 earnings at $1.47 EPS, Q2 2026 earnings at $1.16 EPS, Q3 2026 earnings at $1.03 EPS, FY2026 earnings at $4.75 EPS, Q1 2027 earnings at $1.60 EPS, Q2 2027 earnings at $1.22 EPS, Q3 2027 earnings at $1.16 EPS and FY2027 earnings at $5.04 EPS.

Brown & Brown (NYSE:BRO) last issued its quarterly earnings data on Monday, July 28th. The financial services provider reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.04. Brown & Brown had a net margin of 19.89% and a return on equity of 15.10%. The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the previous year, the firm earned $0.93 EPS. The company’s quarterly revenue was up 9.1% compared to the same quarter last year.

Other analysts have also recently issued reports about the stock. BMO Capital Markets lowered their target price on shares of Brown & Brown from $122.00 to $106.00 and set an “outperform” rating for the company in a research note on Wednesday, July 30th. Bank of America upgraded shares of Brown & Brown from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $126.00 to $130.00 in a research note on Wednesday, July 30th. Raymond James Financial reiterated an “outperform” rating and issued a $120.00 target price (down from $125.00) on shares of Brown & Brown in a research note on Monday, August 4th. Truist Financial set a $120.00 target price on shares of Brown & Brown in a research note on Wednesday, July 30th. Finally, Argus reiterated a “hold” rating on shares of Brown & Brown in a research note on Thursday, July 31st. Seven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $109.92.

Brown & Brown Stock Up 0.8%

BRO stock opened at $88.26 on Monday. The firm has a 50 day moving average of $93.99 and a 200 day moving average of $103.33. The stock has a market capitalization of $29.11 billion, a PE ratio of 25.44, a price-to-earnings-growth ratio of 1.97 and a beta of 0.79. The company has a quick ratio of 6.72, a current ratio of 6.72 and a debt-to-equity ratio of 0.64. Brown & Brown has a 52 week low of $86.79 and a 52 week high of $125.68.

Insider Buying and Selling

In other news, Director Bronislaw Edmund Masojada bought 1,000 shares of the business’s stock in a transaction dated Wednesday, August 6th. The stock was purchased at an average cost of $91.44 per share, with a total value of $91,440.00. Following the acquisition, the director directly owned 5,000 shares in the company, valued at $457,200. This trade represents a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Paul J. Krump bought 2,678 shares of the business’s stock in a transaction dated Friday, August 8th. The shares were purchased at an average cost of $93.31 per share, with a total value of $249,884.18. Following the completion of the acquisition, the director owned 5,353 shares in the company, valued at approximately $499,488.43. This represents a 100.11% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 15.59% of the company’s stock.

Institutional Investors Weigh In On Brown & Brown

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Brown & Brown by 16.8% in the 2nd quarter. Vanguard Group Inc. now owns 35,625,322 shares of the financial services provider’s stock worth $3,949,779,000 after acquiring an additional 5,124,203 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Brown & Brown by 0.3% in the 1st quarter. Principal Financial Group Inc. now owns 12,940,046 shares of the financial services provider’s stock worth $1,609,742,000 after acquiring an additional 38,078 shares in the last quarter. State Street Corp increased its holdings in Brown & Brown by 11.3% in the 2nd quarter. State Street Corp now owns 12,460,821 shares of the financial services provider’s stock worth $1,381,531,000 after acquiring an additional 1,262,139 shares in the last quarter. Geode Capital Management LLC increased its holdings in Brown & Brown by 16.6% in the 2nd quarter. Geode Capital Management LLC now owns 7,369,576 shares of the financial services provider’s stock worth $813,624,000 after acquiring an additional 1,050,350 shares in the last quarter. Finally, Parnassus Investments LLC purchased a new stake in Brown & Brown in the 1st quarter worth $899,139,000. Hedge funds and other institutional investors own 71.01% of the company’s stock.

About Brown & Brown

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.