Brown & Brown (NYSE:BRO) Sets New 1-Year Low – Here’s Why
by Amy Steele · The Cerbat GemBrown & Brown, Inc. (NYSE:BRO – Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $62.51 and last traded at $63.6930, with a volume of 609981 shares changing hands. The stock had previously closed at $66.12.
More Brown & Brown News
Here are the key news stories impacting Brown & Brown this week:
- Positive Sentiment: Truist kept a “buy” rating despite cutting its target from $100 to $90, implying meaningful upside (~49% from current levels) and signaling continued conviction in BRO’s long‑term M&A and earnings power. Truist target cut to $90 (Benzinga)
- Positive Sentiment: Management reiterated modest organic growth guidance (2.5% upper bound later in 2026) while targeting $30M–$40M in synergies from the Accession deal — the synergies could help margins and EPS if realized, partially offsetting slow organic top‑line momentum. Brown & Brown projects 2.5% organic growth; $30M-$40M synergies (MSN)
- Neutral Sentiment: Royal Bank of Canada trimmed its target to $72 and set a “sector perform” rating — a smaller downgrade that still implies meaningful upside (~19.5%), leaving the stock in a watch/hold category rather than turning outright bearish. RBC target lowered to $72 (TickerReport)
- Negative Sentiment: Wells Fargo cut its price target from $72 to $69 and moved to an “equal weight” rating — another analyst trimming near‑term expectations, adding selling pressure. Wells Fargo target cut to $69 (Benzinga)
- Negative Sentiment: Keefe, Bruyette & Woods lowered its target to $72 and kept a “market perform” stance, joining peers in pulling down near‑term valuation support. Keefe Bruyette & Woods target lowered to $72 (Benzinga)
- Negative Sentiment: Seeking Alpha published an analyst piece arguing BRO is overvalued after Q1 and cut its implied fair value to $58, highlighting slowing organic growth and sector risks (flood insurance, etc.) — a narrative that can amplify downside as it reinforces the view that current multiples may be too rich. Brown & Brown: No Significant Upside After 1Q26 (Seeking Alpha)
Analyst Upgrades and Downgrades
Several research firms have issued reports on BRO. Bank of America decreased their price objective on shares of Brown & Brown from $90.00 to $88.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Wells Fargo & Company decreased their target price on Brown & Brown from $72.00 to $69.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Truist Financial decreased their target price on Brown & Brown from $100.00 to $90.00 and set a “buy” rating on the stock in a research report on Wednesday. Royal Bank Of Canada decreased their target price on Brown & Brown from $76.00 to $72.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Finally, Mizuho decreased their target price on Brown & Brown from $85.00 to $84.00 and set an “outperform” rating on the stock in a research report on Monday, April 13th. Three analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $83.00.
Check Out Our Latest Research Report on BRO
Brown & Brown Trading Down 2.2%
The company’s 50 day moving average price is $67.60 and its two-hundred day moving average price is $75.18. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.64 and a quick ratio of 1.66. The stock has a market capitalization of $20.43 billion, a PE ratio of 19.38, a P/E/G ratio of 2.84 and a beta of 0.83.
Brown & Brown (NYSE:BRO – Get Free Report) last posted its quarterly earnings results on Monday, April 27th. The financial services provider reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.03. Brown & Brown had a net margin of 17.94% and a return on equity of 12.94%. The firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same period last year, the firm posted $1.29 earnings per share. The company’s revenue for the quarter was up 35.4% on a year-over-year basis. As a group, analysts expect that Brown & Brown, Inc. will post 4.51 earnings per share for the current year.
Brown & Brown Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 20th. Investors of record on Monday, May 11th will be given a dividend of $0.165 per share. The ex-dividend date is Monday, May 11th. This represents a $0.66 dividend on an annualized basis and a yield of 1.1%. Brown & Brown’s dividend payout ratio (DPR) is presently 20.63%.
Hedge Funds Weigh In On Brown & Brown
Institutional investors have recently added to or reduced their stakes in the stock. Capital World Investors raised its stake in Brown & Brown by 81.1% during the third quarter. Capital World Investors now owns 17,479,389 shares of the financial services provider’s stock worth $1,639,392,000 after purchasing an additional 7,827,992 shares during the period. Norges Bank purchased a new position in Brown & Brown during the fourth quarter worth about $516,837,000. Capital International Investors purchased a new position in Brown & Brown during the fourth quarter worth about $371,654,000. Van Lanschot Kempen Investment Management N.V. raised its stake in Brown & Brown by 132.8% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 4,538,584 shares of the financial services provider’s stock worth $361,725,000 after purchasing an additional 2,589,048 shares during the period. Finally, Principal Financial Group Inc. raised its stake in Brown & Brown by 13.4% during the third quarter. Principal Financial Group Inc. now owns 15,416,190 shares of the financial services provider’s stock worth $1,445,888,000 after purchasing an additional 1,821,229 shares during the period. Hedge funds and other institutional investors 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.