January 26, 2026
Finance

Brown & Brown Prepares to Report Q4 Earnings Amid Mixed Analyst Price Target Adjustments

Market anticipates modest earnings growth for insurance services firm as analysts revise price targets based on latest evaluations

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Summary

Brown & Brown, Inc., a prominent insurance services company based in Daytona Beach, Florida, is set to announce its fourth-quarter financial results on Monday, January 26. Wall Street analysts project a modest increase in earnings per share and revenue compared to the same period last year, although recent analyst price targets have generally been adjusted downward. The company continues to reward shareholders with a steady dividend amid these market expectations.

Key Points

Forecasted Q4 earnings per share of 90 cents represent a modest increase over last year.
Projected quarterly revenue stands at $1.65 billion, up from $1.18 billion a year ago.
Analyst opinions vary widely, with recent downward revisions in price targets by several firms.
Brown & Brown declared a consistent quarterly dividend of 16.5 cents per share.

Brown & Brown, Inc. (NYSE: BRO), a major player in the insurance services sector, will disclose its fourth-quarter earnings results following the closing bell on Monday, January 26. Market consensus forecasts an earnings per share (EPS) figure of 90 cents, reflecting a slight increase from 86 cents in the corresponding quarter a year earlier. Revenue expectations also show a notable uptick, with projections around $1.65 billion, compared to $1.18 billion reported in the year-ago period, according to Benzinga Pro data.

In conjunction with its earnings preparations, Brown & Brown recently declared a regular quarterly cash dividend set at 16.5 cents per share on January 21, signaling continued shareholder returns amidst cautious market sentiment. Shares of Brown & Brown closed at $79.18 on the previous Friday, marking a 0.7% uptick.


Analyst Ratings and Price Target Revisions

Benzinga's platform provides access to current analyst ratings, allowing investors to sort and filter by various criteria such as stock ticker, firm, and rating changes. Insights from highly accurate Wall Street analysts offer a nuanced perspective on Brown & Brown's valuation and outlook.

Mark Hughes of Truist Securities, with a strong accuracy record of 78%, maintained a Buy rating on Brown & Brown on January 15, 2026. However, he lowered his price target from $114 to $105, suggesting tempered optimism despite retaining a positive view.

Similarly, Elyse Greenspan from Wells Fargo, holding a 67% accuracy rate, kept an Equal-Weight rating as of January 13, 2026, but adjusted the price target downwards from $92 to $84. This indicates a more cautious stance on the stock's upside potential.

On January 8, 2026, Barclays analyst Alex Scott upheld an Equal-Weight rating with a 61% accuracy level, while marginally reducing the price target from $84 to $83. This minimal adjustment reflects some stability in valuation perceptions within the firm's analyst team.

Conversely, Meyer Shields of Keefe, Bruyette & Woods, known for a 70% rating accuracy, maintained an Underperform rating but increased the price target slightly from $79 to $80 on January 6, 2026. This subtle shift may indicate a nuanced reassessment of downside risks.

Adding to the recent analyst coverage, JP Morgan analyst Jimmy Bhullar initiated a Neutral rating on December 18, 2025, setting a $91 price target. Bhullar's historical accuracy is 62%, which situates his view within the mid-range of trustworthiness in analyst forecasts.


Market and Investor Considerations

Brown & Brown's upcoming quarterly report will be closely observed by investors and analysts alike, as it provides critical insights into the company's financial health and growth trajectory. The anticipated growth in both EPS and revenue suggests the company has managed to slightly increase profitability and sales year-over-year, despite the cautious adjustments seen in analyst price targets.

The sustained dividend payment underscores the company’s commitment to returning capital to shareholders, which may appeal to income-focused investors.

Investors should consider the nuances in analyst opinions, which range from Buy to Underperform ratings, reflecting uncertainty in valuation and future performance expectations within this sector. The range of price targets between $80 and $105 indicates diverse perspectives on the stock’s fair value.


Key Points

  • Brown & Brown is expected to report a Q4 earnings per share of 90 cents, up from 86 cents a year earlier.
  • Quarterly revenue for the company is forecasted to increase to $1.65 billion from $1.18 billion in the prior year.
  • Analysts maintain a spectrum of ratings ranging from Buy to Underperform, with recent price targets lowered by some firms.
  • The company declared a quarterly cash dividend of 16.5 cents per share, reaffirming a shareholder-friendly stance.

Risks and Uncertainties

  • The variability in analyst price targets and ratings suggests market uncertainty about Brown & Brown’s near-term valuation and growth potential.
  • Potential fluctuations in earnings and revenue outcomes relative to analyst expectations could impact investor sentiment.
  • The company's stock price may face pressure if the upcoming earnings report underperforms on key metrics.
  • Adjustments in dividend policies or payout ratios in the future could influence shareholder returns and market perceptions.
Risks
  • Divergent analyst ratings and adjusted price targets creating market uncertainty.
  • Earnings and revenue outcomes may not meet investor expectations, affecting stock price.
  • Potential adverse market reactions if financial results miss consensus estimates.
  • Future dividend changes could alter shareholder confidence and valuation.
Disclosure
Education only / not financial advice
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BRO - neutral
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