Brown & Brown (NYSE:BRO) Posts Earnings Results, Beats Estimates By $0.02 EPS

Brown & Brown (NYSE:BRO) issued its quarterly earnings results on Monday. The financial services provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.91 by $0.02, Zacks reports. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.65 billion. Brown & Brown had a net margin of 18.23% and a return on equity of 13.64%. The firm’s revenue was up 35.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.86 EPS.

Brown & Brown Price Performance

Shares of BRO stock opened at $79.64 on Tuesday. The stock’s 50-day moving average is $79.86 and its 200 day moving average is $88.11. Brown & Brown has a 1-year low of $76.17 and a 1-year high of $125.68. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.10 and a quick ratio of 2.10. The company has a market cap of $27.19 billion, a P/E ratio of 23.85, a PEG ratio of 1.85 and a beta of 0.81.

Brown & Brown Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 11th. Investors of record on Wednesday, February 4th will be paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, February 4th. Brown & Brown’s dividend payout ratio is 19.76%.

Key Brown & Brown News

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

• Positive Sentiment: Adjusted earnings per share beat estimates — Diluted Net Income Per Share (Adjusted) rose to $0.93 vs. consensus ~$0.91 and showed year-over-year adjusted EPS growth, supporting the company’s profitability narrative. Brown & Brown (BRO) Q4 Earnings Beat Estimates
• Positive Sentiment: Strong headline revenue and adjusted margin expansion — total Q4 revenue was ~$1.61B (≈+35.7% YoY) and EBITDAC/EBITDAC‑Adjusted expanded, reflecting contribution from acquisitions and fee/commission growth. Management highlighted the Accession acquisition as a growth driver. Brown & Brown, Inc. announces fourth quarter 2025 results
• Neutral Sentiment: Analyst views remain mixed — some firms maintain buy ratings and higher targets while others are cautious; median street target sits below the 52‑week high, reflecting divergent views on acquisition payoff and organic growth. Brown & Brown Gears Up For Q4 Print; Here Are The Recent Forecast Changes
• Neutral Sentiment: Investor event / next steps — the company is hosting a conference call and slide presentation; execution on integration and guidance updates will be watched closely by investors. View Press Release / Slide Deck
• Negative Sentiment: Organic revenue declined and GAAP EPS fell — Organic Revenue was down ~2.8% in Q4 and GAAP diluted EPS fell to $0.59 (‑19.2% YoY), which some outlets flagged as a miss vs. expectations and a reason for downward share pressure. Brown & Brown, Inc. announces fourth quarter 2025 results (Business Insider)
• Negative Sentiment: Acquisition-related leverage and one-time items — the Accession deal drove large increases in goodwill, long‑term debt and non‑GAAP adjustments (earn‑outs, amortization, escrow mark‑to‑market), raising near‑term leverage and integration risk. Brown & Brown’s fourth-quarter profit rises on fee and commission growth (Reuters)
• Negative Sentiment: Market reaction: shares fell on the mixed print — outlets reported the stock declined after the report as investors weighed the earnings mix (adjusted beat vs. GAAP weakness and organic softness). Brown & Brown’s quarterly adjusted profit rises but shares fall on declining growth (MSN)

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Bank of America reiterated a “neutral” rating and issued a $97.00 price target (down from $135.00) on shares of Brown & Brown in a report on Monday, November 3rd. Keefe, Bruyette & Woods increased their target price on Brown & Brown from $79.00 to $80.00 and gave the stock an “underperform” rating in a research note on Tuesday, January 6th. BMO Capital Markets restated a “market perform” rating on shares of Brown & Brown in a report on Tuesday, December 30th. Wells Fargo & Company decreased their price objective on shares of Brown & Brown from $92.00 to $84.00 and set an “equal weight” rating for the company in a report on Tuesday, January 13th. Finally, UBS Group lowered their price objective on shares of Brown & Brown from $120.00 to $106.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $98.67.

Institutional Trading of Brown & Brown

A number of institutional investors have recently modified their holdings of the company. AQR Capital Management LLC raised its stake in shares of Brown & Brown by 1,679.0% during the 3rd quarter. AQR Capital Management LLC now owns 1,204,318 shares of the financial services provider’s stock worth $112,953,000 after acquiring an additional 1,136,623 shares in the last quarter. Adage Capital Partners GP L.L.C. purchased a new position in Brown & Brown in the second quarter worth $75,026,000. State Street Corp increased its position in shares of Brown & Brown by 5.3% during the third quarter. State Street Corp now owns 13,120,826 shares of the financial services provider’s stock worth $1,230,602,000 after purchasing an additional 660,005 shares in the last quarter. Holocene Advisors LP purchased a new stake in shares of Brown & Brown during the 2nd quarter valued at $67,235,000. Finally, Bank of America Corp DE lifted its holdings in shares of Brown & Brown by 16.8% during the 2nd quarter. Bank of America Corp DE now owns 2,703,009 shares of the financial services provider’s stock valued at $299,683,000 after purchasing an additional 389,578 shares during the last quarter. 71.01% of the stock is currently owned by institutional investors.

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.