Brown & Brown, Inc. (BRO)
NYSE: BRO · IEX Real-Time Price · USD
92.46
-0.77 (-0.83%)
At close: Jul 19, 2024, 4:00 PM
92.47
+0.01 (0.01%)
Pre-market: Jul 22, 2024, 7:39 AM EDT
Brown & Brown Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Brown & Brown stock have an average target of 91.09, with a low estimate of 77 and a high estimate of 104. The average target predicts a decrease of -1.48% from the current stock price of 92.46.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 5 | 4 | 4 | 5 | 5 | 5 |
| Sell | 1 | 2 | 3 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $94 → $104 | Strong Buy | Maintains | $94 → $104 | +12.48% | Jul 10, 2024 |
| UBS | UBS | Hold Maintains $91 → $94 | Hold | Maintains | $91 → $94 | +1.67% | Jul 9, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $94 → $100 | Strong Buy | Maintains | $94 → $100 | +8.15% | May 31, 2024 |
| B of A Securities | B of A Securities | Sell → Hold Upgrades $91 → $101 | Sell → Hold | Upgrades | $91 → $101 | +9.24% | May 22, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Sell Maintains $80 → $82 | Sell | Maintains | $80 → $82 | -11.31% | May 3, 2024 |
Financial Forecast
Revenue This Year
4.71B
from 4.26B
Increased by 10.54%
Revenue Next Year
5.04B
from 4.71B
Increased by 7.08%
EPS This Year
3.65
from 3.05
Increased by 19.52%
EPS Next Year
3.87
from 3.65
Increased by 6.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.0B | 5.4B | 5.8B |
| Avg | 4.7B | 5.0B | 5.4B |
| Low | 4.5B | 4.8B | 5.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.5% | 14.3% | 15.6% |
| Avg | 10.5% | 7.1% | 7.8% |
| Low | 5.5% | 1.0% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.92 | 4.34 | 4.81 |
| Avg | 3.65 | 3.87 | 4.34 |
| Low | 3.27 | 3.31 | 4.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 28.4% | 19.0% | 24.3% |
| Avg | 19.5% | 6.1% | 12.2% |
| Low | 7.3% | -9.1% | 5.1% |
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.