Citizens JMP cuts target for Brown & Brown stock to USD 75.00

Published on 10/17/2026 at 21:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 30.40 percent in the second quarter of 2026. Brown & Brown stock costs USD 69.40 on October 16, 2026, up 2.09 percent on the NYSE.

Citizens JMP target and earnings date

On October 12, 2026, Citizens JMP lowered its Brown & Brown target to USD 75.00.
Second-quarter 2026 revenue rose 30.40 percent to USD 1.65 billion.
Brown & Brown stock costs USD 69.40 on October 16, 2026 at 4:00 p.m. EDT, up 2.09 percent versus the prior close.
Brown & Brown is scheduled to report its next earnings on October 26, 2026.

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Citizens JMP lowered its Brown & Brown price target from USD 78.00 to USD 75.00 on October 12, 2026, while keeping a Market Outperform rating, according to MarketBeat. The USD 75.00 target is 8.07 percent above the USD 69.40 price. Brown & Brown last traded at USD 69.40 on October 16, 2026 at 4:00 p.m. EDT, up 2.09 percent versus the prior close of October 15, 2026.

Second-quarter revenue growth

Brown & Brown generated USD 1.65 billion of revenue in the second quarter of 2026, an increase of 30.40 percent from the year-earlier period. Net income reached USD 288.00 million, up 24.70 percent, while diluted earnings per share rose 7.70 percent to USD 0.84, according to Financial Report Insights. Organic revenue declined 0.70 percent, which places the acquisition-led growth beside a weaker underlying trend.

Price position and trading range

The stock's 52-week range is USD 53.81 to USD 92.91. At USD 69.40, it stood 25.85 percent below the high and 28.91 percent above the low on October 16, 2026. The year-to-date return was minus 14.71 percent through October 15, 2026, while the latest reported volume was 2,220,367 shares against an average of 2,263,212.

Valuation and next report

Brown & Brown had a market capitalization of USD 23.2 billion, a trailing P/E ratio of 20.53 and a dividend yield of 1.03 percent on October 16, 2026. The next earnings date is October 26, 2026, according to Yahoo Finance.

Comparison with peers

Brown & Brown (NYSE, USD): plus 2.09 percent, P/E 20.53, market capitalization USD 23.2 billion
Arthur J. Gallagher (NYSE, USD): plus 1.91 percent, P/E 42.20, market capitalization USD 65.3 billion
S&P 500 (NYSE, USD): minus 1.11 percent, market capitalization USD 814.0 billion

Stock position

Brown & Brown combines insurance brokerage, risk management and employee benefits services. Its current valuation sits between the recent operating growth and the weaker organic revenue trend, while the USD 75.00 analyst target remains above the latest NYSE price.

The latest NYSE price was USD 69.40 on October 16, 2026 at 4:00 p.m. EDT, up 2.09 percent versus the prior close of October 15, 2026.