NYSE: BRO

Brown & Brown (BRO) Stock Analysis & Forecast

Sep 28 close

$60.24−0.58 (−1.0%)

Gekko Brief

AI summary

Brown & Brown's stock has come under pressure this week amid a mix of company news and analyst commentary. Analysts have settled on a consensus "Hold" rating, with an average 12-month price target cited at $76.60, following the company's second-quarter results in which EPS of $1.07 slightly missed the $1.08 estimate. Separately, Brown & Brown announced a new strategic partnership with Financial Executives International to provide guidance on employee benefits and healthcare costs, and named Erik Templin as executive managing director of employee benefits for its North American Retail segment.

The stock closed at $60.24, down 1% on the day, with shares sitting below both the 50-day average of $69.11 and the 200-day average of $68.32. One-month performance stands at -15.6%, three-month at -5.8%, and six-month at -5%. The GekkoIndex reads 72, placing the stock in the Buying zone, while price sits 16.7% below the Gekko Fair Value of $72.28.

Over the next 20 trading days, attention turns to the next earnings date on 26 October, 27 days away, which falls within that window. No insider, Congress, or unusual options activity appears in the recent windows. Seasonality data covering five years shows an average return of -0.6% over comparable 20-day stretches, with gains occurring in 2 of those years, a pattern worth noting alongside the upcoming earnings report.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Brown & Brown price vs fair value

$72.28$60.24Sep ’25Mar ’26Sep ’26
Close $60.24200-day averageGekko Fair Value $72.28

Brown & Brown quick facts

Market cap
$20.16B
P/E ratio
20
Forward P/E
12.7
EPS, TTM
$3.09
Revenue, TTM
$6.66B
Profit margin
18.1%
Dividend yield
1.03%
Beta
0.58
Volume
1.80M avg 2.18M
1-year return
−35.0%
Typical daily move
±3%
Typical 20-day move
±4.7%
50-day average
$69.11
200-day average
$68.32
Next earnings
Oct 26
Shares outstanding
334.6M
52-week range
$53.81$96.55

Brown & Brown swing-trade checklist

Brown & Brown scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $60.24 sits between the 50-day ($69.11) and 200-day ($68.32) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    72, Buying

    Reading 72 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    16.7% below

    Price is 16.7% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 27 days

    Reports on Oct 26, 2026, 27 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −0.6% on average

    From this point in the calendar, the next 20 trading days averaged −0.6% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Brown & Brown stock chart and price history

Brown & Brown closed at $60.24 on Sep 28, 2026, −35.0% over the past year, inside a 52-week range of $53.81 to $96.55.

Close50-day average200-day averageVolume
Brown & Brown share price, past year, with 50-day and 200-day moving averages and volume$70$80$90$100$110NovDecJan 2026FebMarAprMayJunJulAugSep60.24

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−15.6%
3 months
−5.8%
6 months
−5.0%
1 year
−35.0%
The full BRO chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open BRO in Gekko

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About Brown & Brown

Brown & Brown works as an insurance broker, arranging coverage and related services across the United States, Bermuda, Canada, Ireland, the United Kingdom and the Cayman Islands. It serves commercial businesses, public and quasi-public bodies, professionals and individual clients, offering property and casualty cover, employee benefits, personal insurance and specialized policies, along with loss control reviews, consulting and claims handling.

The business runs through four segments. Retail handles the broad insurance and advisory work described above. National Programs concentrates on professional liability and bundled coverage for fields such as dentistry, law, optometry, finance, medicine and real estate title work, plus event, medical facility and cyber risk products, and it also performs outsourced tasks like underwriting, marketing, actuarial work and compliance for insurance carriers, managing flood insurance and public entity programs mainly through independent agents. Wholesale Brokerage distributes excess and surplus lines through independent agents and brokers. Services covers claims administration, medical utilization management for workers' compensation, Medicare Set-aside arrangements, Social Security disability support and claims adjusting.

Founded in 1939, Brown & Brown is headquartered in Daytona Beach, Florida, and its shares are listed on the NYSE under the ticker BRO.

Listed
NYSE
Sector
Finance
Industry
Insurance brokers/Services
Website
bbrown.com

Brown & Brown GekkoIndex: the smart money zone

Brown & Brown’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 72, in the Buying zone, up 2.2 points over five sessions.

010072Buying

Up 2.2 points over five sessions, from the Accumulation zone.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)57+0.2%−0.1%+1.2%+4.2%
Accumulation219−0.6%−0.6%−1.0%−4.5%
Neutral335+0.2%0.0%−0.3%+0.6%
Distribution60−0.1%+0.6%+2.3%+2.1%
Selling1Too few readings yet

Average BRO share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the BRO price, zone by zone.Track BRO in Gekko

Is Brown & Brown stock overvalued? Gekko Fair Value

Brown & Brown trades 16.7% below Gekko Fair Value of $72.28, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Brown & Brown shares are worth, recalculated every trading day.

$72.28

Gekko Fair Value, Sep 25, 2026

16.7% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open BRO in Gekko

Brown & Brown insider and Congress trading

No open-market insider purchases were filed for Brown & Brown, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for BRO in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every BRO insider filing, plotted on the chart in Gekko.Open BRO in Gekko

Congress trades last 90 days

No trades in BRO were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for BRO, plotted on the chart in Gekko.Open BRO in Gekko

Buybacks

Brown & Brown has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$250.0M
As a share of market cap
1.24%
Trailing four quarters
$585.0M

From company filings.

Hedge funds and billionaires quarter ended Mar 31

1of the funds Gekko tracks holds BRO.

1added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Brown & Brown earnings: next date and track record

Brown & Brown reports on Oct 26, 2026 (27 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±5.6%average move across the report
2 of 8reports followed by a gain

Share-price move across each report

+1.0%Oct ’24−0.9%Jan ’25−5.6%Apr ’25−11.1%Jul ’25−6.4%Oct ’25−6.4%Jan ’26−4.2%Apr ’26+8.9%Jul ’26

Last earnings call, Jul 27, 2026 AI summary

What they said
Brown & Brown reported a solid second quarter with revenue growth driven by the Accession acquisition and strong contingent commissions. Consolidated revenues were $1.700 billion, up 30.4% year-over-year; EBITDAC grew 27% and income before income taxes increased 17.4%. Management recognized approximately $410 million of Accession revenues for the quarter, and disposed of a noncore retail business (~$30–35M annual revenues). Diluted EPS was $1.07, up 3.9%, and dividends per share rose 10%. EBITDAC margin was 35.7%, down 100 basis points primarily due to lower interest income and some nonrecurring items. Management reaffirmed integration progress on Accession with synergies of $30–40M expected this year, reiterated margin guidance (flat excluding lower investment income), and emphasized capital allocation priorities: organic hiring to reach $8B+ in organic growth, share repurchases, debt reduction, technology/AI investments and selective, strategic M&A. They discussed macro headwinds (geopolitical instability, inflation, potential for higher rates), competitive pressures in E&S/admitted markets (notably CAT property rate declines), and partnerships with McKinsey, Accenture and Anthropic to accelerate AI adoption. Cash flow conversion long-term is expected at ~24–27%. Overall tone: constructive and confident on integration and long-term strategy while acknowledging near-term pricing and market risks.
Guidance
- Accession: recognized ~$410M in Q2; management expects Accession to be integrated and to be part of combined growth going forward (no separate Accession growth breakout). - Synergies: $30 million to $40 million expected in 2026 from Accession integration. - Retail organic growth (second half 2026): 1.5% to 2.5% (management commentary). - Programs (specialty distribution) organic growth expected ~2% to 4% in H2 2026. - Cash flow conversion: expected long-term ~24% to 27%. - Margin guidance: management reiterated prior guidance that margins should be roughly flat for 2026 excluding lower investment income vs prior year. - Capital priorities: continued share repurchases, targeted M&A, technology/AI investment, hiring, and debt reduction (notably a $400M maturity in December to evaluate).
Risks flagged
- Continued pressure on CAT property pricing and volatility from storm activity (could depress rates and contingents). - Increased competition in E&S and admitted markets (MGAs/admitted carriers) that could pressure pricing and contingents. - Macroeconomic risks: geopolitical instability, inflation, potential for higher interest rates affecting customers and hiring. - Talent competition and retention challenges (including consequences of recent litigation-related departures). - Uncertainties around contingent commission timing/recognition and multi-year look-backs for programs. - Possible higher-than-expected AI/technology spend or slower realization of expected productivity benefits. - Regulatory/market uncertainties (e.g., NFIP reauthorizations) and litigation exposure in certain markets.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 27, 2026$1.07
est $1.08
−0.9%$1.68B
est $1.71B
−2.2%+8.9%
Apr 27, 2026$1.39
est $1.36
+2.2%$1.90B
est $1.89B
+0.6%−4.2%
Jan 26, 2026$0.93
est $0.91
+2.8%$1.61B
est $1.65B
−2.6%−6.4%
Oct 27, 2025$1.05
est $0.94
+11.2%$1.61B
est $1.55B
+3.9%−6.4%
Jul 28, 2025$1.03
est $0.99
+4.5%$1.25B
est $1.28B
−2.3%−11.1%
Apr 28, 2025$1.29
est $1.29
0.0%$1.39B
est $1.41B
−1.7%−5.6%
Jan 27, 2025$0.86
est $0.77
+11.7%$1.09B
est $1.12B
−2.9%−0.9%
Oct 28, 2024$0.91
est $0.88
+3.4%$1.19B
est $1.16B
+2.0%+1.0%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Brown & Brown stock forecast and analyst price targets

Analysts’ average 12-month price target for Brown & Brown is $76.50, +27.0% from the last close, from 15 firms rating the stock in the last 90 days.

$76.50consensus 12-month target, +27.0% from the last close
Low $60High $83
Buy3
Hold11
Sell1

Each firm’s latest rating in the last 90 days: 15 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 15Mizuho SecuritiesBuy, maintained$83+37.8%
Sep 2Truist FinancialBuy, maintained——
Aug 31Morgan StanleySell, reiterated$60−0.4%
Aug 28Morgan StanleySell, maintained$60−0.4%
Aug 19Morgan StanleySell, maintained$60−0.4%
+1.2%average 20-day move after past Buying readings
−0.6%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Brown & Brown seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Brown & Brown averaged −0.6% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+11.4%2021−6.9%2022−3.2%2023−0.2%2024−5.7%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.7%5 of 5
Next 10 trading days+3.2%4 of 5
Next 15 trading days+1.8%2 of 5
Next 20 trading days−0.6%2 of 5
Next 30 trading days+1.4%3 of 5

For scale, BRO’s typical 20-trading-day move in either direction is about 4.7%.

Brown & Brown market cap and key statistics

Brown & Brown’s market cap is $20.16B, with a P/E ratio of 20 and revenue of $6.66B over the last twelve months.

Valuation

Market cap
$20.16B
P/E ratio
20
Forward P/E
12.7
EPS, TTM
$3.09
Gekko Fair Value
$72.28

Trading

Volume
1.80M
Avg volume, 20 days
2.18M
52-week high
$96.55
52-week low
$53.81
Shares outstanding
334.6M

Financials

Revenue, TTM
$6.66B
Profit margin
18.1%
Return on equity
10%
Quarterly earnings growth, YoY
+7.1%

Risk and income

Beta
0.58
Typical daily move
±3%
Typical 20-day move
±4.7%
Dividend yield
1.03%

Brown & Brown peers

Brown & Brown’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MRSHMarsh−1.2%Buying12.7% below
AJGArthur J. Gallagher−0.2%Accumulation13.9% below
AONAon−1.9%Buying23.4% below
WTWWillis Towers Watson−0.3%Buying15.5% below
RYANRyan Specialty0.0%Accumulation15.8% below
CRVLCorVel−0.8%Neutral10.7% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Brown & Brown stock FAQ

What is Brown & Brown’s market cap?

Brown & Brown’s market cap is $20.16B at the Sep 28, 2026 close of $60.24, with 334.6M shares outstanding. The shares trade on a P/E ratio of 20.

What is the Brown & Brown stock forecast?

The consensus analyst 12-month price target for Brown & Brown is $76.50, +27.0% from the last close. Of the 15 firms that rated the stock in the last 90 days, 3 rate it a buy, 11 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is Brown & Brown stock overvalued or undervalued?

On Gekko’s estimate Brown & Brown is undervalued: the Sep 28, 2026 close of $60.24 is 16.7% below Gekko Fair Value of $72.28. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Brown & Brown report earnings next?

Brown & Brown is expected to report on Oct 26, 2026 (27 days away). Analysts expect earnings of $1.09 per share on revenue of $1.76B. Brown & Brown beat the earnings estimate in 6 of its last 8 reports, moving 5.6% on average across the report.

What is Brown & Brown’s 52-week high and low?

Brown & Brown’s 52-week high is $96.55 and its 52-week low is $53.81; it closed at $60.24 on Sep 28, 2026, −35.0% over the past year. Over the last five years the shares peaked at $125.68 on Apr 1, 2025.

Is Brown & Brown stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value), 1 as mixed (trend) and 2 as headwinds (earnings risk and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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