Brown & Brown, Inc. (BRO)
NYSE: BRO · Real-Time Price · USD
103.01
-0.34 (-0.33%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Brown & Brown Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Brown & Brown stock have an average target of 100.73, with a low estimate of 78 and a high estimate of 112. The average target predicts a decrease of -2.21% from the current stock price of 103.01.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Brown & Brown stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 4 | 5 | 5 | 5 | 4 | 4 |
| Sell | 3 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Initiates $108 | Hold | Initiates | $108 | +4.84% | Sep 4, 2024 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $94 → $112 | Hold → Buy | Upgrades | $94 → $112 | +8.73% | Aug 12, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Sell Maintains $86 → $92 | Sell | Maintains | $86 → $92 | -10.69% | Jul 26, 2024 |
| Raymond James | Raymond James | Buy Maintains $95 → $110 | Buy | Maintains | $95 → $110 | +6.79% | Jul 25, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $95 → $110 | Buy | Maintains | $95 → $110 | +6.79% | Jul 24, 2024 |
Financial Forecast
Revenue This Year
4.75B
from 4.20B
Increased by 13.02%
Revenue Next Year
5.12B
from 4.75B
Increased by 7.74%
EPS This Year
3.74
from 3.05
Increased by 22.71%
EPS Next Year
4.08
from 3.74
Increased by 8.97%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.0B | 5.5B | 6.0B |
| Avg | 4.8B | 5.1B | 5.5B |
| Low | 4.5B | 4.9B | 5.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.4% | 16.6% | 18.0% |
| Avg | 13.0% | 7.7% | 7.7% |
| Low | 8.1% | 2.2% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.99 | 4.45 | 4.88 |
| Avg | 3.74 | 4.08 | 4.45 |
| Low | 3.53 | 3.86 | 4.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.8% | 19.0% | 19.7% |
| Avg | 22.7% | 9.0% | 9.0% |
| Low | 15.7% | 3.2% | 0.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.