Brown & Brown stock analysis
Brown & Brown (BTW) Stock Price & Analysis
BTW Stock Chart & Stats
- Day’s Range
- EUR 63.88 - EUR 64.40
- 52-Week Range
- EUR 46.27 - EUR 83.50
- Previous Close
- EUR 63.92
- Volume
- N/A
- Average Volume (3M)
- 67
- Market Cap
- EUR 21.49B
- Enterprise Value
- EUR 27.11B
- Total Cash (Recent Filing)
- EUR 1.10B
- Total Debt (Recent Filing)
- EUR 8.10B
- Price to Earnings (P/E)
- 19.5
- Beta
- 0.45
- Next Earnings
- Jan 25, 2027 (Est.)
- EPS Estimate
- 0.79
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 0.94%
Bulls Say, Bears Say
Bulls Say
Strong Revenue And Profitability
Strong multi-year revenue momentum combined with consistently solid margins indicates that Brown & Brown is converting market activity and client demand into durable earnings. Stable profitability gives the company resources to invest in producers, technology, acquisitions, and customer capabilities while supporting continued growth.
High-quality Cash Generation
Cash conversion near net income suggests reported earnings are translating into usable funds rather than relying heavily on accruals. This strengthens Brown & Brown’s ability to fund investments, dividends, integration work, and selective capital returns while preserving financial resilience through changing insurance conditions.
Accession Integration And Synergy Potential
The Accession transaction is already contributing substantial revenue, with producer retention, cultural alignment, and integration progress described as strong. Higher synergy targets and completed systems, leadership, and operating-model milestones provide a credible path for additional efficiency and earnings contribution over coming years.
Bears Say
Specialty Distribution Growth And Margin Pressure
Specialty Distribution is facing competitive pressure from admitted markets, lower prices and terms, and movement of accounts out of E&S channels. Weaker growth and margins can reduce the segment’s contribution to consolidated earnings and challenge the durability of a historically important specialty expansion engine.
Large Accession Integration Burden
The increased cost burden means Accession’s benefits will need to offset substantial implementation and transition spending before the full earnings contribution is realized. Remaining systems, office, and Specialty integration work could keep expenses elevated and create execution demands across the next several quarters.
Leverage And Declining Capital Efficiency
Manageable but meaningful leverage limits the speed at which cash generation can reduce debt, while lower operating-cash-flow coverage leaves less flexibility if conditions weaken. The decline in return on equity also suggests that expanding capital has not yet produced proportionate earnings growth, warranting disciplined allocation.
Brown & Brown News
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Brown & Brown Stock Smart Score
Company Description
Brown & Brown
Brown & Brown, Inc. operates as an insurance brokerage firm, providing a diverse range of products and services throughout the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. The company's operations are strategically divided into four primary segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail division delivers a comprehensive suite of property and casualty, employee benefits, personal, and specialized insurance offerings, complemented by services such as loss control assessments, consulting, and claims processing. This segment caters to a broad spectrum of clients, including commercial entities, public and quasi-public organizations, professionals, and individuals. The National Programs segment focuses on professional liability and associated bundled insurance products for specific sectors like dentistry, law, optometry, insurance, finance, medicine, and real estate title professionals, alongside supplementary coverages for events, medical facilities, and cyber risks. This segment also provides outsourced services to insurance carrier partners, encompassing product development, marketing, underwriting, actuarial analysis, compliance, claims, and other administrative support, while additionally managing commercial and public entity programs and flood insurance, largely through independent agents. The Wholesale Brokerage segment facilitates the distribution of excess and surplus commercial and personal lines insurance via independent agents and brokers. Finally, the Services segment offers critical support functions such as third-party claims administration and medical utilization management for workers' compensation and all-lines liability, along with Medicare Set-aside provisions, Social Security disability assistance, Medicare benefits advocacy, and claims adjusting services. Founded in 1939, Brown & Brown, Inc. is headquartered in Daytona Beach, Florida.
- Sector
- Financial
- Industry
- Insurance - Brokers
- CEO
- J. Powell Brown
- Employees
- 22,888
- Website
- www.bbrown.com
- Address
- 300 North Beach Street, Daytona Beach, FL, 32114, US
Brown & Brown (BTW) Earnings & Revenues
BTW Company Deck
BTW Earnings Call
Earnings Call SentimentPositive
The call was predominantly positive. The company reported revenue and earnings growth, strong cash generation, improved retail execution, substantial Accession integration progress, higher synergy expectations, rapid AI adoption, and an improving 2027 organic-growth outlook. These positives were tempered by Specialty Distribution's underperformance, declining margins, CAT property and admitted-market pricing headwinds, contingent-commission pressure, integration costs, litigation uncertainty, and cautious customer investment conditions.
View all DE:BTW earnings summariesBTW Net sales Breakdown
- 66.77% Base commissions
- 21.65% Fees
- 3.49% Other supplemental commissions
- 4.32% Profit-sharing contingent commissions
- 1.41% Earned premium
- 2.24% Investment income
- 0.12% Other income, net
BTW Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 13 | 6 | 3 |
| Technical Analysis | 3 | 6 | 1 |
| Moving Averages | 10 | 0 | 2 |











