Valued at a market cap of $27.6 billion, Brown & Brown, Inc. (BRO) is one of the largest insurance brokerage firms in the United States, specializing in providing insurance products, risk management solutions, and consulting services to businesses, government entities, professional organizations, and individuals. The Florida-based company operates through four main segments: Retail, National Programs, Wholesale Brokerage, and Services, allowing it to offer a wide range of property & casualty insurance, emp ...

Brown & Brown, Inc. (NYSE:BRO) is included among the 15 Best Passive Income Stocks to Buy Right Now. Goldman Sachs Cuts Brown & Brown (BRO) Price Target, Keeps Neutral Rating Photo by NeONBRAND on Unsplash On November 6, Gold‍ma‌n Sach‍s analyst Robert Cox cut the firm’s p⁠rice targe​t on Brown & Brown, Inc. (NYSE:BRO) t⁠o $90 from $105⁠, as reported by The Fly. He k⁠ept a Neutral rating o‍n the stock, noting in a research upda‌te that the​ c‌ompany’s organic growth trend continues to fa⁠ce pr‍essure‍. ...

Core Insights - Brown & Brown, Inc. operates in the competitive insurance brokerage industry, alongside peers such as Arthur J. Gallagher & Co. and W. R. Berkley Corporation, with a focus on evaluating Return on Invested Capital (ROIC) against Weighted Average Cost of Capital (WACC) [1] Company Performance - Brown & Brown's ROIC is 4.89%, which is lower than its WACC of 7.00%, resulting in a ROIC to WACC ratio of 0.70, indicating insufficient returns above its cost of capital [2][6] - Arthur J. Gallagher & Co. has a ROIC of 5.29% and a WACC of 6.24%, leading to a ROIC to WACC ratio of 0.85, which also suggests challenges in capital utilization [3] - W. R. Berkley Corporation demonstrates a strong ROIC of 55.96% against a WACC of 5.35%, yielding a ROIC to WACC ratio of 10.46, indicating effective capital management [4][6] - RenaissanceRe Holdings Ltd. leads the industry with a ROIC of 131.46% and a WACC of 4.79%, resulting in a remarkable ROIC to WACC ratio of 27.47, showcasing exceptional capital efficiency [5][6]

Core Points - Brown & Brown, Inc. has been recognized as a 2026 Military Friendly® Employer for the second consecutive year and has also received a Silver 2026 Military Friendly® Award [1][2] - The recognition reflects the company's commitment to veterans and their families, emphasizing the value of the service, discipline, and resilience that veterans bring to the organization [2][3] - The Military Friendly® designation is based on evaluations from public data sources and proprietary surveys, with over 1,200 companies participating [4][5] Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm established in 1939, offering comprehensive and customized insurance solutions [7] - The company operates globally with over 700 locations and a workforce of more than 23,000 professionals [7] - Brown & Brown aims to deliver scalable and innovative strategies for customers throughout their growth journey [7] Recognition Details - The Military Friendly® Employers designation is determined through a combination of survey scores and assessments of recruitment, retention, turnover, and promotion of veterans [5] - Brown & Brown will be featured in the 2026 Military Friendly® Employers Guide in the Winter issue of G.I. Jobs® magazine and on MilitaryFriendly.com [6]

Core Insights - Brown & Brown, Inc. has appointed Jessica Getman and Joe Siech as Retail Senior Leaders to enhance strategic priorities and operations within the Retail segment [1][2][3] Group 1: Leadership Appointments - Jessica Getman and Joe Siech will play crucial roles in scaling operations, fostering innovation, and investing in team development [2] - Their leadership is expected to unlock new opportunities for performance and reinforce the company's commitment to delivering exceptional value [2][3] Group 2: Leadership Background - Jessica Getman leads Brown & Brown offices in the Pacific Northwest and contributes to strategic initiatives [3] - Joe Siech has over 30 years of experience in the insurance industry, leading large complex commercial teams and excelling in national sales leadership [3] Group 3: Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm with over 700 locations and a workforce of more than 23,000 professionals [4] - The company has been delivering customized insurance solutions since 1939, focusing on scalable and innovative strategies for customer growth [4]

Core Insights - Brown & Brown Inc. (NYSE:BRO) is a prominent player in the insurance brokerage industry, offering a wide range of insurance products and services, including risk management and consulting, and competes with major firms like Marsh & McLennan and Aon [1] Financial Performance - For the third quarter of 2025, Brown & Brown reported revenue of $1.61 billion, reflecting a 35.4% increase year-over-year, surpassing the Zacks Consensus Estimate of $1.51 billion by 6.61% [3][7] - The company's earnings per share (EPS) for the quarter were $1.05, up from $0.91 in the same period last year, exceeding the consensus EPS estimate of $0.90 by 16.67% [4][7] Operational Efficiency and Shareholder Initiatives - Despite higher expenses, Brown & Brown's EBITDAC margin expanded, indicating improved operational efficiency [5] - In response to strong financial results, the board approved a 10% increase in dividends and initiated a new $1.25 billion share repurchase program, demonstrating a commitment to enhancing shareholder value [5][7] Stock Performance - Currently, BRO's stock is trading at $78.57, with a market capitalization of approximately $26.83 billion, having experienced a 52-week high of $125.68 and a low of $76.96 [6]

Core Insights - Wright National Flood Insurance Company has completed the acquisition of Poulton Associates, LLC, enhancing its insurance operations [1] Company Overview - Wright Flood is the largest flood insurance provider in the United States, offering federal, excess, and private flood insurance, rated A (Excellent) by AM Best [2] - The company serves approximately 4.7 million flood policyholders and is recognized for its user-friendly technology and exceptional claims reputation [2] Parent Company Information - Brown & Brown, Inc. is a leading insurance brokerage firm with over 700 locations and more than 23,000 professionals, providing customized insurance solutions since 1939 [4]

Core Insights - The article highlights seven insurance stocks to watch, including United Parcel Service, Berkshire Hathaway, Wells Fargo & Company, Progressive, Arthur J. Gallagher & Co., Brown & Brown, and Everest Group, based on their high trading volumes recently [2] Group 1: Company Profiles - United Parcel Service (UPS) is a package delivery company that offers a range of services including transportation, delivery, distribution, and insurance, operating through U.S. Domestic Package and International Package segments [3] - Berkshire Hathaway Inc. engages in insurance, freight rail transportation, and utility businesses, providing various insurance products and operating railroad systems in North America [4] - Wells Fargo & Company is a diversified financial services company offering banking, insurance, investments, and mortgage services, operating through multiple segments including Consumer Banking and Lending, and Corporate and Investment Banking [5] - Progressive Corporation provides personal and commercial auto and property insurance products, operating in three segments: Personal Lines, Commercial Lines, and Property [6] - Arthur J. Gallagher & Co. offers insurance brokerage and consulting services, operating through Brokerage, Risk Management, and Corporate segments [6] - Brown & Brown, Inc. is an insurance agency and brokerage firm providing various insurance services, operating through Retail, National Programs, Wholesale Brokerage, and Services segments [7] - Everest Group, Ltd. provides reinsurance and insurance products globally, operating through Insurance and Reinsurance segments [7]

Core Insights - Brown & Brown (BRO) reported a revenue of $1.61 billion for the quarter ended September 2025, reflecting a year-over-year increase of 35.4% [1] - The earnings per share (EPS) for the quarter was $1.05, up from $0.91 in the same quarter last year, indicating a strong performance [1] - The reported revenue exceeded the Zacks Consensus Estimate of $1.51 billion by 6.61%, and the EPS also surpassed the consensus estimate of $0.90 by 16.67% [1] Financial Performance Metrics - Total organic growth was recorded at 3.5%, slightly below the estimated 4% by analysts [4] - Revenues from commissions and fees reached $1.55 billion, exceeding the average estimate of $1.47 billion, with a year-over-year increase of 34.2% [4] - Investment income was reported at $56 million, significantly higher than the estimated $32.98 million, marking an 80.7% increase compared to the previous year [4] - Other revenues totaled $42 million, surpassing the average estimate of $26.15 million, and showing a remarkable year-over-year growth of 100% [4] - Retail commissions and fees amounted to $877 million, compared to the average estimate of $835.95 million [4] - Income before income taxes from other segments was reported at -$108 million, worse than the average estimate of -$74.7 million [4] - Retail income before income taxes was $164 million, slightly below the average estimate of $169.55 million [4] Stock Performance - Over the past month, shares of Brown & Brown have returned -5.7%, contrasting with the Zacks S&P 500 composite's increase of 3.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Core Insights - Brown & Brown, Inc. (BRO) reported third-quarter 2025 adjusted earnings of $1.05 per share, exceeding the Zacks Consensus Estimate by 16.6% and reflecting a year-over-year increase of 15.4% [1][9] - Total revenues reached $1.6 billion, surpassing the Zacks Consensus Estimate by 6.6% and showing a year-over-year growth of 35.4% [2][9] - The growth in revenue was primarily driven by a 34.2% increase in commission and fees, which amounted to $1.5 billion, along with higher investment and other income [2][9] Revenue and Income Details - Organic revenues improved by 3.5% to $1.2 billion during the quarter [2] - Investment and other income surged by 80.6% year over year to $56 million, significantly above the estimate of $36.4 million [3] - Adjusted EBITDAC rose to $587 million, marking a 41.8% increase year over year, with the EBITDAC margin expanding by 170 basis points to 36.6% [3] Expense Overview - Total expenses increased by 49% to $1.3 billion, driven by higher employee compensation, operating expenses, and interest [4] Financial Position - As of September 30, 2025, Brown & Brown had cash and cash equivalents of $1.2 billion, a 76.2% increase from the end of 2024 [5] - Long-term debt stood at $7.6 billion, more than double the level at the end of 2024 [5] - Net cash provided by operating activities for the first nine months of 2025 was $1 billion, reflecting a year-over-year increase of 23.7% [5] Capital Deployment - The board declared a 10% increase in the quarterly dividend to 16.5 cents per share, marking the 32nd consecutive annual dividend increase [6] - An additional share repurchase authorization of up to $1.25 billion was approved, bringing the total authorization to approximately $1.5 billion [7]