Brown & Brown falls on flat Q2 organic growth expectation

Brown & Brown

28/04/2026 17:51

** Shares of insurance broker Brown & Brown BRO.N down 4.89% at $62.87

** "We anticipate relatively flat organic growth, excluding contingents in Q2 due to heavy weighting of CAT property placements," CEO J Powell Brown says

** BRO reports flat organic revenue growth for the first quarter, with the metric rising 1% in retail and increasing 2% in specialty distribution

** Co posts Q4 revenue of $1.90 billion, below analysts' estimates of $1.91 billion - data compiled by LSEG

** Three of 21 analysts rate stock "buy" and 18 "hold"; their median PT is $78.50 - data compiled by LSEG

** Including session's move, stock down 20.8%

 (Reporting by Pragyan Kalita in Bengaluru)

 ((Pragyan.Kalita@thomsonreuters.com;))