Brown & Brown, Inc. (BRO)
NYSE: BRO · IEX Real-Time Price · USD
82.93
+0.43 (0.52%)
At close: Apr 23, 2024, 4:00 PM
82.94
+0.01 (0.01%)
After-hours: Apr 23, 2024, 7:27 PM EDT
Brown & Brown Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Brown & Brown stock have an average target of 86.2, with a low estimate of 77 and a high estimate of 95. The average target predicts an increase of 3.94% from the current stock price of 82.93.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Brown & Brown stock from 11 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 5 | 5 | 4 | 4 |
| Sell | 0 | 0 | 1 | 1 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $89 → $94 | Strong Buy | Maintains | $89 → $94 | +13.35% | Apr 16, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $81 → $84 | Hold | Maintains | $81 → $84 | +1.29% | Apr 11, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Sell Maintains $75 → $80 | Sell | Maintains | $75 → $80 | -3.53% | Apr 10, 2024 |
| Raymond James | Raymond James | Buy Reiterates $90 → $95 | Buy | Reiterates | $90 → $95 | +14.55% | Mar 26, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $87 → $95 | Buy | Maintains | $87 → $95 | +14.55% | Mar 20, 2024 |
Financial Forecast
Revenue This Year
4.64B
from 4.26B
Increased by 9.09%
Revenue Next Year
4.98B
from 4.64B
Increased by 7.24%
EPS This Year
3.54
from 3.05
Increased by 16.09%
EPS Next Year
3.84
from 3.54
Increased by 8.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.0B | 5.5B | 6.0B |
| Avg | 4.6B | 5.0B | 5.4B |
| Low | 4.4B | 4.7B | 5.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.2% | 19.4% | 21.4% |
| Avg | 9.1% | 7.2% | 8.8% |
| Low | 2.9% | 1.4% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.83 | 4.25 | 4.72 |
| Avg | 3.54 | 3.84 | 4.29 |
| Low | 2.97 | 3.24 | 3.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 25.7% | 20.1% | 23.1% |
| Avg | 16.1% | 8.4% | 11.9% |
| Low | -2.6% | -8.4% | 2.2% |
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.