Brown & Brown (BRO) Stock Forecast & Price Target

BRO price $67.95 +2.08 +3.15%

Ticker
BRO
Price
$67.95
Change
+2.08 +3.15%
Market cap ?
$22.54B
P/E ?
18.46
Forward P/E ?
15.12
Dividend yield ?
0.98%
Beta ?
0.59
Sector
Financial Services
Industry
Insurance - Brokers
Stocklytics score
60
Value
67
Quality
61
Growth
51

Stocklytics score rationale: value 67, quality 61, growth 51.

Financials

2016201720182019202020212022202320242025
1762787000185727000020098570002384737000260610000030475000003563000000419900000047050000005763000000

Brown & Brown, Inc. operates as an insurance brokerage firm, providing a diverse range of products and services throughout the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. The company's operations are strategically divided into four primary segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail division delivers a comprehensive suite of property and…

Fair value

BRO fair value $97.58. Price $67.95. Price is 30% below fair value.

Below fair value, and cheaper than usual. A larger discount than on 86% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.49B. Growth 17.03%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 331.69M. Net debt 6.84B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare BRO

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-01-25—0.95—1.62B
2026-10-261.071.091.73B1.76B
2026-07-271.071.081.68B1.71B
2026-04-271.391.361.90B1.89B
2026-01-260.930.911.61B1.65B
2025-10-271.050.941.61B1.55B
2025-07-281.030.991.25B1.28B
2025-04-281.291.291.39B1.41B
2025-01-270.860.771.09B1.12B
2024-10-280.910.881.19B1.16B
2024-07-220.930.881.18B1.14B
2024-04-221.141.051.24B1.22B
2024-01-220.580.53972.40M985.48M
2023-10-230.710.621.07B1.03B
2023-07-240.680.591.05B997.51M
2023-04-240.840.821.12B1.07B
2023-01-230.500.46893.20M898.00M
2022-10-240.500.61927.60M945.80M
2022-07-250.510.49839.70M803.46M
2022-04-250.780.75904.70M893.82M
2022-01-240.420.39737.90M891.20M
2021-10-250.580.53769.70M758.42M
2021-07-260.490.40725.90M758.42M
2021-04-260.700.58814.00M755.73M
2021-01-250.320.29640.00M573.84M
2020-10-260.520.43671.40M557.31M
2020-07-270.340.28598.16M493.13M
2020-04-270.510.46696.50M630.02M
2020-01-270.280.27576.98M558.31M
2019-10-280.390.38617.36M602.82M
2019-07-220.320.28572.90M1.05B
2019-04-220.410.36617.46M543.76M
2019-01-280.260.27507.64M528.32M
2018-10-220.380.34529.80M475.02M
2018-07-230.260.28472.00M509.60M
2018-04-230.330.29500.34M455.91M
2018-01-220.240.21473.37M415.01M
2017-10-160.270.25474.60M440.37M
2017-07-170.250.24464.70M447.65M
2017-04-170.210.21444.57M443.96M

Dividends

Yield 0.97%. Payout ratio 18.56%. Frequency Quarterly.

Safety score 91/100 · Safe. Payout ratio is 19% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 40 separate years. Yield is 1.0%, which is modest.

Ex-dateDividendRecordPaymentFrequency
2026-11-04$0.182026-11-042026-11-11Quarterly
2026-08-12$0.172026-08-122026-08-19Quarterly
2026-05-11$0.172026-05-112026-05-20Quarterly
2026-02-04$0.172026-02-042026-02-11Quarterly
2025-11-05$0.172025-11-052025-11-12Quarterly
2025-08-13$0.152025-08-132025-08-20Quarterly
2025-05-12$0.152025-05-122025-05-21Quarterly
2025-02-05$0.152025-02-052025-02-12Quarterly
2024-11-06$0.152024-11-062024-11-13Quarterly
2024-08-07$0.132024-08-072024-08-14Quarterly
2024-05-03$0.132024-05-062024-05-15Quarterly
2024-02-01$0.132024-02-022024-02-14Quarterly
2023-10-31$0.132023-11-012023-11-15Quarterly
2023-08-08$0.122023-08-092023-08-16Quarterly
2023-05-05$0.122023-05-082023-05-17Quarterly
2023-02-02$0.122023-02-032023-02-15Quarterly
2022-11-01$0.122022-11-022022-11-16Quarterly
2022-08-09$0.102022-08-102022-08-17Quarterly
2022-05-06$0.102022-05-092022-05-18Quarterly
2022-02-03$0.102022-02-042022-02-16Quarterly
2021-11-02$0.102021-11-032021-11-17Quarterly
2021-08-10$0.092021-08-112021-08-18Quarterly
2021-05-07$0.092021-05-102021-05-19Quarterly
2021-02-04$0.092021-02-052021-02-17Quarterly
2020-11-03$0.092020-11-042020-11-18Quarterly
2020-08-04$0.092020-08-052020-08-12Quarterly
2020-05-08$0.092020-05-112020-05-20Quarterly
2020-02-04$0.092020-02-052020-02-19Quarterly
2019-11-07$0.092019-11-082019-11-20Quarterly
2019-08-06$0.082019-08-072019-08-14Quarterly
2019-05-07$0.082019-05-082019-05-17Quarterly
2019-02-05$0.082019-02-062019-02-20Quarterly
2018-10-25$0.082018-10-262018-11-07Quarterly
2018-08-07$0.072018-08-082018-08-15Quarterly
2018-05-08$0.072018-05-092018-05-18Quarterly
2018-02-01$0.072018-02-022018-02-14Quarterly
2017-10-26$0.072017-10-272017-11-08Quarterly
2017-08-07$0.072017-08-092017-08-16Quarterly
2017-05-04$0.072017-05-082017-05-17Quarterly
2017-02-01$0.072017-02-032017-02-15Quarterly
2016-10-26$0.072016-10-282016-11-09Quarterly
2016-08-05$0.062016-08-092016-08-17Quarterly
2016-05-05$0.062016-05-092016-05-18Quarterly
2016-02-01$0.062016-02-032016-02-17Quarterly
2015-11-02$0.062015-11-042015-11-12Quarterly
2015-08-05$0.062015-08-072015-08-12Quarterly
2015-04-30$0.062015-05-042015-05-13Quarterly
2015-02-02$0.062015-02-042015-02-18Quarterly
2014-10-29$0.062014-10-312014-11-12Quarterly
2014-08-06$0.052014-08-082014-08-13Quarterly
2014-05-02$0.052014-05-062014-05-14Quarterly
2014-02-03$0.052014-02-052014-02-19Quarterly
2013-10-28$0.052013-10-302013-11-13Quarterly
2013-08-05$0.042013-08-072013-08-14Quarterly
2013-04-29$0.042013-05-012013-05-15Quarterly
2013-01-28$0.042013-01-302013-02-13Quarterly
2012-11-05$0.042012-11-072012-11-14Quarterly
2012-08-06$0.042012-08-082012-08-15Quarterly
2012-05-02$0.042012-05-042012-05-16Quarterly
2012-01-30$0.042012-02-012012-02-15Quarterly
2011-10-31$0.042011-11-022011-11-16Quarterly
2011-08-08$0.042011-08-102011-08-17Quarterly
2011-05-02$0.042011-05-042011-05-18Quarterly
2011-01-31$0.042011-02-022011-02-16Quarterly
2010-11-01$0.042010-11-032010-11-17Quarterly
2010-08-02$0.042010-08-042010-08-18Quarterly
2010-05-03$0.042010-05-052010-05-19Quarterly
2010-02-01$0.042010-02-032010-02-17Quarterly
2009-11-02$0.042009-11-042009-11-18Quarterly
2009-08-10$0.042009-08-122009-08-19Quarterly
2009-05-04$0.042009-05-062009-05-20Quarterly
2009-02-02$0.042009-02-042009-02-18Quarterly
2008-11-03$0.042008-11-052008-11-19Quarterly
2008-08-04$0.042008-08-062008-08-20Quarterly
2008-05-12$0.042008-05-142008-05-28Quarterly
2008-02-04$0.042008-02-062008-02-20Quarterly
2007-11-05$0.042007-11-072007-11-21Quarterly
2007-08-06$0.032007-08-082007-08-22Quarterly
2007-05-07$0.032007-05-092007-05-23Quarterly
2007-02-05$0.032007-02-072007-02-21Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-09-21Hunt James SSell5.00K——
2026-09-21Hunt James SBuy5.00K——
2026-06-09JOHNSON JOIA MBuy860$58.0549.92K
2026-05-06KRUMP PAUL JBuy2.43K——
2026-05-06PROCTOR H PALMER JRBuy2.43K——
2026-05-06JENNINGS TONIBuy2.43K——
2026-05-06PATEL JAYMIN BBuy2.43K——
2026-05-06Hoepner Theodore JBuy2.43K——
2026-05-06Savio Kathleen A.Buy2.43K——
2026-05-06GELLERSTEDT LAWRENCE L IIIBuy2.43K——
2026-05-06JOHNSON JOIA MBuy2.43K——
2026-05-06Masojada Bronislaw EdmundBuy2.43K——
2026-05-06Hunt James SBuy2.43K——
2026-05-06Reilly WendellBuy2.43K——
2026-05-06Main Timothy R.M.Buy2.43K——
2026-05-05PROCTOR H PALMER JRBuy2.00K$57.10114.20K
2026-02-26PENNY JEROME SCOTTBuy2.68K——
2026-02-26PENNY JEROME SCOTTBuy13.00K——
2026-02-26Walker Chris LBuy2.14K——
2026-02-26Walker Chris LBuy13.00K——
2026-02-26Gallagher Paul M.Buy1.07K——
2026-02-26Watts R. AndrewBuy6.07K——
2026-02-26Watts R. AndrewBuy26.01K——
2026-02-26Boyd Stephen MBuy5.71K——
2026-02-26Boyd Stephen MBuy10.40K——
2026-02-26BROWN J POWELLBuy78.03K——
2026-02-26Brown P BarrettBuy13.00K——
2026-02-26Hearn Stephen PatrickBuy7.14K——
2026-02-26Turpin JulieBuy2.85K——
2026-02-26Turpin JulieBuy11.70K——
2026-02-25BROWN J POWELLBuy17.84K——
2026-02-23Boyd Stephen MSell7.71K$69.59536.68K
2026-02-23Turpin JulieSell4.42K$69.59307.45K
2026-02-23BROWN J POWELLSell44.74K$69.593.11M
2026-02-23PENNY JEROME SCOTTSell7.06K$69.59491.17K
2026-02-23Walker Chris LSell3.03K$69.59210.93K
2026-02-23Brown P BarrettSell8.44K$69.59587.34K
2026-02-23Watts R. AndrewSell11.65K$69.59810.45K
2025-12-31Brown P BarrettSell127.03K——
2025-12-31BROWN J POWELLSell127.03K——
2025-12-31BROWN HYATT JSell127.03K——
2025-12-19Watts R. AndrewSell3.59K——
2025-12-19Watts R. AndrewBuy470——
2025-12-17Boyd Stephen MSell1.50K——
2025-12-15Brown P BarrettBuy474——
2025-12-15BROWN HYATT JSell1.42K——
2025-12-15BROWN J POWELLBuy474——
2025-08-13JOHNSON JOIA MOther0——
2025-08-08KRUMP PAUL JBuy2.68K$93.31249.88K
2025-08-06Masojada Bronislaw EdmundBuy1.00K$91.4491.44K
2025-05-07Gallagher Paul M.Other0——
2025-05-07Gallagher Paul M.Other0——
2025-05-07Mathis IV Charles RobertOther0——
2025-05-07Mathis IV Charles RobertOther0——
2025-05-07KRUMP PAUL JBuy1.27K——
2025-05-07Main Timothy R.M.Buy1.27K——
2025-05-07Hunt James SBuy1.27K——
2025-05-07GELLERSTEDT LAWRENCE L IIIBuy1.27K——
2025-05-07Hoepner Theodore JBuy1.27K——
2025-05-07JENNINGS TONIBuy1.27K——
2025-05-07PROCTOR H PALMER JRBuy1.27K——
2025-05-07Savio Kathleen A.Buy1.27K——
2025-05-07Reilly WendellBuy1.27K——
2025-05-07PATEL JAYMIN BBuy1.27K——
2025-05-07Masojada Bronislaw EdmundBuy1.27K——
2025-05-05Turpin JulieSell2.23K$110.57246.13K
2025-03-03Hearn Stephen PatrickBuy3.25K——
2025-02-24Brown P BarrettBuy1.57K——
2025-02-24Brown P BarrettBuy11.34K——
2025-02-24Boyd Stephen MBuy1.57K——
2025-02-24Boyd Stephen MBuy9.07K——
2025-02-24Watts R. AndrewBuy2.91K——
2025-02-24Watts R. AndrewBuy15.87K——
2025-02-24BROWN J POWELLBuy6.71K——
2025-02-24BROWN J POWELLBuy68.04K——
2025-02-24PENNY JEROME SCOTTBuy1.12K——
2025-02-24PENNY JEROME SCOTTBuy11.34K——
2025-02-24Walker Chris LBuy2.01K——
2025-02-24Walker Chris LBuy11.34K——
2025-02-24Turpin JulieBuy1.34K——
2025-02-24Turpin JulieBuy6.80K——
2025-02-23Walker Chris LSell1.65K$111.71184.32K
2025-02-21Brown P BarrettSell8.07K$111.65901.13K
2025-02-21Boyd Stephen MSell6.41K$111.65716.01K
2025-02-21Watts R. AndrewSell9.94K$111.651.11M
2025-02-21BROWN J POWELLSell42.59K$111.654.75M
2025-02-21PENNY JEROME SCOTTSell7.10K$111.65792.49K
2025-02-21Walker Chris LSell2.88K$111.65321.66K
2025-02-21Turpin JulieSell1.39K$111.65155.42K
2024-12-31Brown P BarrettSell100.36K——
2024-12-31BROWN J POWELLSell100.36K——
2024-12-31BROWN HYATT JSell100.36K——
2024-12-13Watts R. AndrewSell2.02K——
2024-12-13Watts R. AndrewBuy345——
2024-12-13BROWN HYATT JSell1.03K——
2024-12-13BROWN J POWELLBuy344——
2024-12-13BROWN J POWELLSell9.37K——
2024-12-13Brown P BarrettBuy344——
2024-11-26BROWN HYATT JSell29.92K$111.753.34M
2024-11-25BROWN HYATT JSell389.01K$111.7543.47M

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 822, holders -9 vs prior quarter. Ownership 85.30%.

HolderSharesChangeChange %Value
BLACKROCK, INC.22.11M196.60K+0.90%1.42B
VANGUARD CAPITAL MANAGEMENT LLC18.94M19.97K+0.11%1.22B
FMR LLC18.41M2.36M+14.67%1.18B
PRINCIPAL FINANCIAL GROUP INC15.72M113.11K+0.72%1.01B
VANGUARD PORTFOLIO MANAGEMENT LLC14.63M44.97K+0.31%938.61M
STATE STREET CORP14.51M737.66K+5.35%931.08M
CAPITAL WORLD INVESTORS14.47M-2.03M-12.30%927.99M
FIRST EAGLE INVESTMENT MANAGEMENT, LLC11.73M2.90M+32.92%752.32M
GEODE CAPITAL MANAGEMENT, LLC8.23M92.58K+1.14%526.02M
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V.6.71M837.83K+14.27%430.39M
ORBIS ALLAN GRAY LTD5.37M5.37MNew344.55M
SELECT EQUITY GROUP, L.P.4.89M-3.13M-39.01%313.85M
NORGES BANK4.40M4.40MNew282.03M
DEUTSCHE BANK AG\4.16M-40.84K-0.97%266.94M
INVESCO LTD.4.10M616.97K+17.72%262.90M
CAPITAL RESEARCH GLOBAL INVESTORS3.91M21.36K+0.55%251.02M
MORGAN STANLEY3.87M624.75K+19.25%248.24M
GOLDMAN SACHS GROUP INC3.64M1.36M+59.48%233.32M
BANK OF AMERICA CORP /DE/3.55M-68.21K-1.88%228.05M
ROYAL BANK OF CANADA3.47M-97.92K-2.74%222.72M
JPMORGAN CHASE & CO3.10M-39.78K-1.27%198.10M
WELLS FARGO & COMPANY/MN2.64M-356.67K-11.90%169.47M
NORTHERN TRUST CORP2.47M20.96K+0.86%158.43M
PROSHARE ADVISORS LLC2.41M218.61K+9.99%154.38M
FENIMORE ASSET MANAGEMENT INC2.24M20.71K+0.93%143.94M

Forecast

Consensus Hold from 22 analysts. Average price target $72.67, +6.9% versus the current price. Low $55.00. High $90.00.

Insights · Dividends · Forecast · Financials · Learn

Stocklytics home · Screener

Analysts have an average 12-month price target of $72.67 for Brown & Brown (BRO), 7.7% above the current price of $67.50. Of 22 analysts covering the stock, 7 rate it Buy or Strong Buy, 14 Hold, and 1 Sell or Strong Sell, giving a consensus of Hold.

Forecasts are third-party estimates and often wrong. They are not investment advice.

BRO price target

12-month price target
Low$55.00
Average$72.67
High$90.00

The average is 7.7% above the current price of $67.50.

Is Brown & Brown a buy or sell?

Of 22 analysts, 7 rate Brown & Brown Buy or Strong Buy, 14 Hold, and 1 Sell or Strong Sell. The consensus label is Hold. That split is not a recommendation.

Brown & Brown earnings and revenue forecast

Analyst averages on file: 2026, EPS $4.49, revenue $6.99 billion. 2027, EPS $4.86, revenue $7.29 billion.

BRO score and fair value

The Stocklytics Score for BRO is 60 out of 100. It averages value, quality, and growth against a large-cap US universe. It is not a price target and not a buy or sell rating. Fair value is a separate estimate on the fair value tab.

BRO forecast FAQs

What is the BRO price target?

$72.67 average, with a published range of $55.00 to $90.00.

Is Brown & Brown a buy or sell?

The consensus is Hold from 22 analysts. This is not a recommendation.

What is the Brown & Brown stock forecast for 2026?

Analysts' average EPS estimate for 2026 on file is $4.49. The average revenue estimate is $6.99 billion.

What will BRO be worth in 2030?

No reliable forecast exists that far out.

When is Brown & Brown's next earnings report?

The next earnings date is shown on the stock page when a future report is on the calendar. This forecast does not invent a date.

Capital is at risk. Stocklytics is operated by Stocklytics Inc., a Marshall Islands company. It is not regulated by the FCA and does not give investment advice.

Brown & Brown (BRO) Stock Forecast & Price Target

BRO$67.95+2.08 +3.15%

$22.54B

Market Cap

18.46

P/E

15.12

Forward P/E

60

Score

Price History