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Brown & Brown Inc (BRO) Stock Forecast & Price Prediction

Live BRO Stock Price & Analysis

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$108.58

+0.81 (0.75%)

12 Month Price Forecast For BRO

$108.58
Current Price
$31.05B
Market Cap
15 Ratings
Buy 8
Hold 6
Sell 1
Wall St Analyst Ratings

Distance to BRO Price Forecasts

+15.1%
To High Target of $125.00
+8.7%
To Median Target of $118.00
-10.7%
To Low Target of $97.00

BRO Price Momentum

+2.9%
1 Week Change
+6.5%
1 Month Change
+34.0%
1 Year Change
+6.4%
Year-to-Date Change
-4.9%
From 52W High of $114.15
+38.5%
From 52W Low of $78.40

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 10, 2025 4:10 PM UTC

BRO Analyst Ratings & Price Targets

Based on our analysis of 23 Wall Street analysts, BRO has a consensus that is bullish. The median price target is $118.00, with forecasts ranging from $97.00 to $125.00. Currently, there are 8 Buy ratings, 6 Hold ratings, and 1 Sell ratings.

With BRO currently trading at $108.58, the median price forecast suggests a 8.7% upside. The most optimistic forecast comes from Elyse Greenspan at Wells Fargo, projecting a 15.1% upside, while Meyer Shields at Keefe, Bruyette & Woods provides the most conservative target, suggesting a -10.7% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

BRO Analyst Consensus

8
Buy
6
Hold
1
Sell

BRO Price Target Range

Low
$97.00
Average
$118.00
High
$125.00
Current: $108.58

Latest BRO Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for BRO.

Date Firm Analyst Rating Change Price Target
Jan 29, 2025 RBC Capital Scott Heleniak Outperform Maintains $120.00
Jan 29, 2025 Wells Fargo Elyse Greenspan Overweight Maintains $125.00
Jan 28, 2025 B of A Securities Joshua Shanker Neutral Maintains $117.00
Jan 10, 2025 Keefe, Bruyette & Woods Meyer Shields Underperform Maintains $97.00
Dec 5, 2024 Morgan Stanley Bob Huang Overweight Initiates $134.00
Nov 21, 2024 Barclays Alex Scott Equal-Weight Maintains $119.00
Oct 30, 2024 RBC Capital Scott Heleniak Outperform Maintains $118.00
Oct 30, 2024 Truist Securities Mark Hughes Buy Maintains $118.00
Oct 16, 2024 Truist Securities Mark Hughes Buy Maintains $116.00
Oct 10, 2024 B of A Securities Joshua Shanker Neutral Maintains $117.00
Oct 10, 2024 Wells Fargo Elyse Greenspan Overweight Maintains $114.00
Oct 9, 2024 Jefferies Yaron Kinar Hold Maintains $104.00
Sep 24, 2024 Argus Research Buy Initiates $120.00
Sep 4, 2024 Barclays Alex Scott Equal-Weight Initiates $108.00
Aug 12, 2024 Wells Fargo Elyse Greenspan Overweight Upgrade $112.00
Jul 26, 2024 Keefe, Bruyette & Woods Meyer Shields Underperform Maintains $92.00
Jul 25, 2024 Raymond James C. Gregory Peters Outperform Maintains $110.00
Jul 24, 2024 Truist Securities Mark Hughes Buy Maintains $112.00
Jul 24, 2024 RBC Capital Scott Heleniak Outperform Maintains $110.00
Jul 24, 2024 Wells Fargo Elyse Greenspan Equal-Weight Maintains $94.00

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The following stocks are similar to Brown & Brown based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Brown & Brown Inc (BRO) Financial Data

Brown & Brown Inc has a market capitalization of $31.05B with a P/E ratio of 31.4x. The company generates $4.56B in trailing twelve-month revenue with a 23.1% profit margin.

Revenue growth is +9.9% quarter-over-quarter, while maintaining an operating margin of +28.3% and return on equity of +18.1%.

Valuation Metrics

Market Cap $31.05B
Enterprise Value $33.18B
P/E Ratio 31.4x
PEG Ratio 26.5x
Price/Sales 6.8x

Growth & Margins

Revenue Growth (YoY) +9.9%
Gross Margin +48.8%
Operating Margin +28.3%
Net Margin +23.1%
EPS Growth +33.0%

Financial Health

Cash/Price Ratio +3.1%
Current Ratio 1.1x
Debt/Equity 58.9x
ROE +18.1%
ROA +5.2%

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Brown & Brown Inc logo

Brown & Brown Inc (BRO) Company Overview

About Brown & Brown Inc

What They Do

Insurance product marketing and sales company.

Business Model

The company operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services, generating revenue by selling a wide range of insurance products and offering related services. It serves various customer categories, including commercial entities, public institutions, and individuals, and also partners with independent agents and brokers for broader market reach.

Additional Information

Founded in 1939 and headquartered in Daytona Beach, Florida, Brown & Brown, Inc. has a diverse portfolio that includes property and casualty insurance, employee benefits, and specialized programs. The company operates not only in the U.S. but also in Canada, Ireland, the UK, and other international markets.

Company Information

Sector

Financial Services

Industry

Insurance Brokers

Employees

16,152

CEO

Mr. J. Powell Brown C.P.C.U.

Country

United States

IPO Year

1992

Brown & Brown Inc (BRO) Latest News & Analysis

BRO stock latest news image
Quick Summary

Brown & Brown, Inc. (NYSE:BRO) will hold its Q4 2024 earnings conference call on January 28, 2025, at 8:00 AM ET. Key participants include CEO Powell Brown and CFO Andy Watts.

Why It Matters

The upcoming earnings call will provide insights into Brown & Brown's financial performance, influencing investor sentiment and potential stock movement based on results and forecasts.

Source: Seeking Alpha
Market Sentiment: Neutral
BRO stock latest news image
Quick Summary

Brown & Brown, Inc. (NYSE:BRO) has released its unaudited financial results for Q4 and the full year of 2024, as announced on January 27, 2025, in Daytona Beach, Fla.

Why It Matters

Brown & Brown's financial results can indicate its performance trends, affecting stock valuation and investment decisions. Positive results may boost confidence, while negative results can lead to sell-offs.

Source: GlobeNewsWire
Market Sentiment: Neutral
BRO stock latest news image
Quick Summary

Brown & Brown, Inc. (BRO) will announce its fourth-quarter earnings results on January 27, 2025, after market close.

Why It Matters

Brown & Brown's upcoming earnings report could impact its stock price and investor sentiment, signaling financial health and growth potential in the insurance sector.

Source: Benzinga
Market Sentiment: Neutral
BRO stock latest news image
Quick Summary

Brown & Brown (BRO) reported Q3 earnings of $0.86 per share, surpassing the Zacks Estimate of $0.75, and up from $0.58 per share year-over-year.

Why It Matters

Brown & Brown's earnings beat expectations and show significant year-over-year growth, indicating strong performance and potential for continued investor confidence and stock appreciation.

Source: Zacks Investment Research
Market Sentiment: Positive
BRO stock latest news image
Quick Summary

BRO's Q4 results show improved organic revenues from increased commissions, fees, and investment income, with a higher EBITDAC margin, though higher expenses were noted.

Why It Matters

Improved organic revenues and expanded EBITDAC margin indicate strong operational performance, potentially leading to increased profitability and positive investor sentiment, despite higher expenses.

Source: Zacks Investment Research
Market Sentiment: Positive
BRO stock latest news image
Quick Summary

Brown & Brown, Inc. (NYSE: BRO) has declared a quarterly cash dividend of $0.15 per share, payable on February 12, 2025, to shareholders of record on February 5, 2025.

Why It Matters

Brown & Brown's quarterly dividend declaration signals financial stability and a commitment to returning value to shareholders, which can enhance investor confidence and stock attractiveness.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About BRO Stock

What is Brown & Brown Inc's (BRO) stock forecast for 2025?

Based on our analysis of 23 Wall Street analysts, Brown & Brown Inc (BRO) has a median price target of $118.00. The highest price target is $125.00 and the lowest is $97.00.

Is BRO stock a good investment in 2025?

According to current analyst ratings, BRO has 8 Buy ratings, 6 Hold ratings, and 1 Sell ratings. The stock is currently trading at $108.58. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for BRO stock?

Wall Street analysts predict BRO stock could reach $118.00 in the next 12 months. This represents a 8.7% increase from the current price of $108.58. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Brown & Brown Inc's business model?

The company operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services, generating revenue by selling a wide range of insurance products and offering related services. It serves various customer categories, including commercial entities, public institutions, and individuals, and also partners with independent agents and brokers for broader market reach.

What is the highest forecasted price for BRO Brown & Brown Inc?

The highest price target for BRO is $125.00 from Elyse Greenspan at Wells Fargo, which represents a 15.1% increase from the current price of $108.58.

What is the lowest forecasted price for BRO Brown & Brown Inc?

The lowest price target for BRO is $97.00 from Meyer Shields at Keefe, Bruyette & Woods, which represents a -10.7% decrease from the current price of $108.58.

What is the overall BRO consensus from analysts for Brown & Brown Inc?

The overall analyst consensus for BRO is bullish. Out of 23 Wall Street analysts, 8 rate it as Buy, 6 as Hold, and 1 as Sell, with a median price target of $118.00.

How accurate are BRO stock price projections?

Stock price projections, including those for Brown & Brown Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.