NASDAQ:BRP

BRP Group Stock Forecast, Price & News

$33.64

-0.13 (-0.38 %)

(As of 09/17/2021 02:26 PM ET)

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Today's Range

$33.42

▼

$34.21

50-Day Range

$25.31

▼

$40.25

52-Week Range

$22.79

▼

$40.82

Volume14,335 shs

Average Volume656,728 shs

Market Capitalization$3.35 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.69

30 days | 90 days | 365 days | Advanced Chart

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About BRP Group

BRP Group, Inc. markets and sells insurance products and services in the United States. The company operates through four segments: Middle Market, Specialty, MainStreet, and Medicare. The Middle Market segment provides private risk management, commercial risk management, and employee benefits solutions for mid-to-large size businesses, and high net worth individuals and families. The Specialty segment operates as a wholesale co-brokerage platform that delivers programs requiring underwriting and placement services. The MainStreet segment offers personal insurance, commercial insurance, and life and health solutions to individuals and businesses in their communities. The Medicare segment provides consultation for government assistance programs and solutions to seniors and individuals through a network of agents. The company was founded in 2011 and is headquartered in Tampa, Florida.

Wells Fargo & Company Increases BRP Group (NASDAQ:BRP) Price Target to $39.00
September 16, 2021 | americanbankingnews.com

Zacks: Analysts Anticipate BRP Group, Inc. (NASDAQ:BRP) Will Announce Quarterly Sales of $128.43 Million
September 16, 2021 | americanbankingnews.com

BRP Group (NASDAQ:BRP) Sees Unusually-High Trading Volume
September 15, 2021 | americanbankingnews.com

BRP Group (NASDAQ:BRP) Shares Gap Down to $37.64
September 14, 2021 | americanbankingnews.com

BRP Group (NASDAQ:BRP) & Ryan Specialty Group (NYSE:RYAN) Head-To-Head Survey
September 14, 2021 | americanbankingnews.com

Ryan Specialty Group (NYSE:RYAN) and BRP Group (NASDAQ:BRP) Head-To-Head Contrast
September 14, 2021 | americanbankingnews.com

BRP Group, Inc. (NASDAQ:BRP) Expected to Post Earnings of $0.11 Per Share
September 14, 2021 | americanbankingnews.com

Analysts Expect Breakeven For BRP Group, Inc. (NASDAQ:BRP) Before Long
September 9, 2021 | finance.yahoo.com

BRP Group (NASDAQ:BRP) Hits New 1-Year High at $40.81
September 7, 2021 | americanbankingnews.com

BRP Group, Inc. (NASDAQ:BRP) Short Interest Up 14.0% in August
September 2, 2021 | americanbankingnews.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Insurance agents, brokers, & service
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:BRP
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.baldwinriskpartners.com
Phone866-279-0698
Employees1,524
Year FoundedN/A

Sales & Book Value

Annual Sales$240.92 million
Price / Sales13.92
Cash Flow$0.49 per share
Price / Cash Flow68.68
Book Value$8.12 per share
Price / Book4.14

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares99,690,000
Market Cap$3.35 billion
Next Earnings Date11/11/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

2.16 out of 5 stars

Finance Sector

514th out of 1,330 stocks

Insurance Agents, Brokers, & Service Industry

13th out of 23 stocks

1.4 Analyst's Opinion

Consensus Rating
BRP Group has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $34.00, BRP Group has a forecasted upside of 1.1% from its current price of $33.63.
Amount of Analyst Coverage
BRP Group has only been the subject of 3 research reports in the past 90 days.

5.0 Community Rank

Outperform Votes
BRP Group has received 7 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
BRP Group has received 1 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
BRP Group has received 87.50% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about BRP Group and other stocks. Vote “Outperform” if you believe BRP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BRP will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
BRP Group does not currently pay a dividend.
Dividend Growth
BRP Group does not have a long track record of dividend growth.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BRP Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
35.93% of the stock of BRP Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
42.17% of the stock of BRP Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for BRP Group are expected to grow by 47.76% in the coming year, from $0.67 to $0.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of BRP Group is -115.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of BRP Group is -115.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
BRP Group has a PEG Ratio of 1.24. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
BRP Group has a P/B Ratio of 4.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

BRP Group (NASDAQ:BRP) Frequently Asked Questions

Is BRP Group a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BRP Group in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BRP Group stock.
View analyst ratings for BRP Group or view top-rated stocks.

What stocks does MarketBeat like better than BRP Group?

Wall Street analysts have given BRP Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but BRP Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting BRP Group?

BRP Group saw a increase in short interest in August. As of August 13th, there was short interest totaling 1,300,000 shares, an increase of 14.0% from the July 29th total of 1,140,000 shares. Based on an average daily volume of 232,600 shares, the short-interest ratio is currently 5.6 days. Currently, 3.1% of the shares of the company are short sold.
View BRP Group's Short Interest.

When is BRP Group's next earnings date?

BRP Group is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.
View our earnings forecast for BRP Group.

How were BRP Group's earnings last quarter?

BRP Group, Inc. (NASDAQ:BRP) announced its earnings results on Monday, August, 9th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.02. The business had revenue of $119.71 million for the quarter, compared to the consensus estimate of $103.87 million. BRP Group had a positive trailing twelve-month return on equity of 8.31% and a negative net margin of 2.14%.
View BRP Group's earnings history.

What price target have analysts set for BRP?

5 brokerages have issued 12 month price targets for BRP Group's stock. Their forecasts range from $29.00 to $39.00. On average, they anticipate BRP Group's stock price to reach $34.00 in the next year. This suggests a possible upside of 1.1% from the stock's current price.
View analysts' price targets for BRP Group or view top-rated stocks among Wall Street analysts.

Who are BRP Group's key executives?

BRP Group's management team includes the following people:

Mr. L. Lowry Baldwin, Co-Founder & Chairman (Age 62, Pay $622.88k)
Mr. Trevor L. Baldwin, CEO & Director (Age 35, Pay $1.12M)
Mr. Kristopher Aaron Wiebeck, Chief Strategy Officer (Age 38, Pay $1.86M)
Mr. John A. Valentine, Chief Partnership Officer
Ms. Elizabeth H. Krystyn, Co-Founder
Ms. Laura Rice Sherman, Co-founder
Mr. Bradford L. Hale, Chief Financial Officer (Age 40)
Mr. Daniel Galbraith, Chief Operating Officer (Age 40)
Ms. Corbyn N. Galloway, Chief Accounting Officer (Age 29)
Ms. Jo Cooey, Information Technology Director

What is Trevor Baldwin's approval rating as BRP Group's CEO?

2 employees have rated BRP Group CEO Trevor Baldwin on Glassdoor.com. Trevor Baldwin has an approval rating of 100% among BRP Group's employees. This puts Trevor Baldwin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of BRP Group's key competitors?

Some companies that are related to BRP Group include Equitable (EQH), Waterdrop (WDH), Goosehead Insurance (GSHD), Ashmore Group (AJMPF), Ryan Specialty Group (RYAN), CorVel (CRVL), SelectQuote (SLQT), GoHealth (GOCO), eHealth (EHTH), Fanhua (FANH), AA (AATDF), Huize (HUIZ), QDM International (QDMI), Tian Ruixiang (TIRX) and The Marketing Alliance (MAAL).
View all of BRP's competitors.

When did BRP Group IPO?

(BRP) raised $246 million in an initial public offering on Thursday, October 24th 2019. The company issued 16,400,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan and BofA Merrill Lynch acted as the underwriters for the IPO and Jefferies, Wells Fargo Securities, Raymond James and Keefe Bruyette & Woods (A Stifel Company) were co-managers.

What is BRP Group's stock symbol?

BRP Group trades on the NASDAQ under the ticker symbol "BRP."

How do I buy shares of BRP Group?

Shares of BRP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is BRP Group's stock price today?

One share of BRP stock can currently be purchased for approximately $33.63.

How much money does BRP Group make?

BRP Group has a market capitalization of $3.35 billion and generates $240.92 million in revenue each year. The company earns $-15,700,000.00 in net income (profit) each year or $0.23 on an earnings per share basis.

How many employees does BRP Group have?

BRP Group employs 1,524 workers across the globe.

What is BRP Group's official website?

The official website for BRP Group is www.baldwinriskpartners.com.

Where are BRP Group's headquarters?

BRP Group is headquartered at 4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL, 33607.

How can I contact BRP Group?

BRP Group's mailing address is 4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL, 33607. The company can be reached via phone at 866-279-0698 or via email at [email protected]

This page was last updated on 9/17/2021 by MarketBeat.com Staff

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