NASDAQ:BRP BRP Group (BRP) Stock Forecast, Price & News $22.85 +0.53 (+2.37%) (As of 03:52 PM ET) Add Compare Share Share Today's Range$21.89▼$23.2050-Day Range$19.79▼$26.3052-Week Range$19.26▼$33.34Volume297,490 shsAverage Volume354,868 shsMarket Capitalization$2.67 billionP/E RatioN/ADividend YieldN/APrice Target$50.83 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media BRP Group MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside33.9% Upside$30.60 Price TargetShort InterestHealthy1.93% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$44,940 Sold Last QuarterProj. Earnings Growth48.68%From $0.76 to $1.13 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.65 out of 5 starsFinance Sector280th out of 865 stocksInsurance Agents, Brokers, & Service Industry3rd out of 18 stocks 3.2 Analyst's Opinion Consensus RatingBRP Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.60, BRP Group has a forecasted upside of 33.9% from its current price of $22.85.Amount of Analyst CoverageBRP Group has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.93% of the outstanding shares of BRP Group have been sold short.Short Interest Ratio / Days to CoverBRP Group has a short interest ratio ("days to cover") of 6.2.Change versus previous monthShort interest in BRP Group has recently decreased by 7.02%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldBRP Group does not currently pay a dividend.Dividend GrowthBRP Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BRP. Previous Next 3.3 News and Social Media Coverage News SentimentBRP Group has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for BRP Group this week, compared to 2 articles on an average week.Search Interest1 people have searched for BRP on MarketBeat in the last 30 days. MarketBeat Follows1 people have added BRP Group to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BRP Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $44,940.00 in company stock.Percentage Held by Insiders22.65% 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 Institutions47.90% of the stock of BRP Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for BRP Group are expected to grow by 48.68% in the coming year, from $0.76 to $1.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BRP Group is -16.68, 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. SectorThe P/E ratio of BRP Group is -16.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioBRP Group has a PEG Ratio of 1.19. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBRP Group has a P/B Ratio of 2.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About BRP Group (NASDAQ:BRP) StockBRP 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 commercial risk management, employee benefits solutions, and private risk management for mid-to-large size businesses and high net worth individuals, as well as its families. The Specialty segment delivers specialty insurers, professionals, individuals, and industry businesses the access to specialty markets, as well as capabilities and programs requiring underwriting and placement. This segment also operates as a managing general agent of the Future platform, which delivers proprietary, technology-enabled insurance solutions. The MainStreet segment offers personal insurance, commercial insurance, and life and health solutions to individuals and businesses in its communities. The Medicare segment provides consultation for government assistance programs and solutions, including Medicare and Medicare Advantage to seniors and Medicare-eligible individuals through a network of primarily independent contractor agents. The company was founded in 2011 and is headquartered in Tampa, Florida.Read More Receive BRP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BRP Group and its competitors with MarketBeat's FREE daily newsletter. Email Address BRP Stock News HeadlinesMay 25, 2023 | americanbankingnews.comBRP Group (NASDAQ:BRP) Stock Price Down 3.9%May 23, 2023 | americanbankingnews.comBRP Group, Inc. (NASDAQ:BRP) Receives $50.83 Consensus Target Price from AnalystsJune 7, 2023 | Behind the Markets (Ad)Avoid the upcoming bloodbathBy this time next year, millions of retirees are going to be so broke they'll struggle to keep the heat running, and may have to make hard decisions about which medications they can afford. It's all because of an upcoming government announcement that could make last year's record breaking 7% inflation look like nothing. Get the details that could keep your money safe here >>>May 15, 2023 | americanbankingnews.comBRP Group (NASDAQ:BRP) Price Target Cut to $30.00 by Analysts at Raymond JamesMay 15, 2023 | americanbankingnews.comBRP Group, Inc. (NASDAQ:BRP) General Counsel Sells $44,940.00 in StockMay 15, 2023 | bizjournals.comBank failures spark new questions about risk management in boardrooms, Florida consultant saysMay 10, 2023 | finance.yahoo.comQ1 2023 BRP Group Inc Earnings CallMay 9, 2023 | msn.comBRP Group: Q1 Earnings InsightsJune 7, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 9, 2023 | finance.yahoo.comBRP Group (BRP) Q1 Earnings and Revenues Surpass EstimatesMay 9, 2023 | finance.yahoo.comBRP Group, Inc. Announces First Quarter 2023 ResultsMay 8, 2023 | finance.yahoo.com11 Best Insurance Brokerage Stocks To Buy NowMay 7, 2023 | americanbankingnews.comBRP Group (BRP) to Release Quarterly Earnings on TuesdayApril 30, 2023 | americanbankingnews.comBRP Group, Inc. (NASDAQ:BRP) Receives Consensus Recommendation of "Hold" from BrokeragesApril 25, 2023 | finance.yahoo.comBRP Group, Inc. Announces Nomination of Sathish Muthukrishnan to Its Board of DirectorsApril 21, 2023 | bizjournals.comDirectors and officers insurance rates are on the decline after years of hardened marketApril 20, 2023 | americanbankingnews.comBRP Group, Inc. (NASDAQ:BRP) Short Interest Up 27.2% in MarchApril 19, 2023 | stockhouse.comBRP Group and Nasdaq's Second Annual Directors and Officers (D&O) Benchmarking Report Reveals Significant Decrease in Rates Year over YearApril 19, 2023 | finance.yahoo.comBRP Group and Nasdaq’s Second Annual Directors and Officers (D&O) Benchmarking Report Reveals Significant Decrease in Rates Year over YearApril 18, 2023 | finance.yahoo.comWhy Investors Shouldn't Be Surprised By BRP Group, Inc.'s (NASDAQ:BRP) P/SApril 12, 2023 | benzinga.comJefferies Maintains Hold on BRP Group, Lowers Price Target to $28April 12, 2023 | finance.yahoo.comVOYA vs. BRP: Which Stock Is the Better Value Option?April 12, 2023 | americanbankingnews.comBRP Group (NASDAQ:BRP) Price Target Cut to $28.00April 8, 2023 | americanbankingnews.comBRP Group (NASDAQ:BRP) PT Lowered to $32.00 at Wells Fargo & CompanyApril 6, 2023 | entrepreneur.comWhatever You Do, DONT Buy These 3 Financial StocksApril 5, 2023 | markets.businessinsider.comWells Fargo Sticks to Its Buy Rating for BRP Group (BRP)April 3, 2023 | americanbankingnews.comAnalysts Set BRP Group, Inc. (NASDAQ:BRP) Price Target at $48.71See More Headlines BRP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BRP Company Calendar Last Earnings5/09/2023Today6/07/2023Next Earnings (Estimated)8/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Insurance agents, brokers, & service Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:BRP CUSIPN/A CIK1781755 Webwww.baldwinriskpartners.com Phone866-279-0698FaxN/AEmployees3,888Year Founded2003Price Target and Rating Average Stock Price Forecast$30.60 High Stock Price Forecast$33.00 Low Stock Price Forecast$28.00 Forecasted Upside/Downside+126.6%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($1.37) Trailing P/E RatioN/A Forward P/E Ratio29.51 P/E Growth1.19Net Income$-41,770,000.00 Net Margins-7.37% Pretax Margin-13.73% Return on Equity5.09% Return on Assets1.76% Debt Debt-to-Equity Ratio1.15 Current Ratio1.01 Quick Ratio1.01 Sales & Book Value Annual Sales$980.72 million Price / Sales2.67 Cash Flow$1.53 per share Price / Cash Flow14.63 Book Value$9.82 per share Price / Book2.28Miscellaneous Outstanding Shares116,800,000Free Float90,346,000Market Cap$2.62 billion OptionableNot Optionable Beta1.53 Social Links Key ExecutivesMr. L. Lowry Baldwin (Age 64)Co-Founder & Chairman Comp: $599.84kMr. Trevor L. Baldwin (Age 36)CEO & Director Comp: $2.1MMr. Bradford Lenzie Hale (Age 43)Chief Financial Officer Comp: $863kMr. Daniel Galbraith (Age 42)Chief Operating Officer Comp: $871.75kMs. Corbyn N. Galloway (Age 31)Chief Accounting Officer Comp: $401.49kMr. Kristopher Aaron Wiebeck (Age 40)Chief Strategy Officer & Director Comp: $902.43kMr. John A. ValentineChief Partnership OfficerMs. Elizabeth H. KrystynCo-FounderMs. Laura Rice ShermanCo-founderMr. Rajasekhar KalahasthiChief Digital & Information OfficerMore ExecutivesKey CompetitorsGoosehead InsuranceNASDAQ:GSHDEnactNASDAQ:ACTEquitableNYSE:EQHIntercorp Financial ServicesNYSE:IFSFirst Interstate BancSystemNASDAQ:FIBKView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 2,327 shares on 6/1/2023Ownership: 0.092%JPMorgan Chase & Co.Bought 11,801 shares on 5/18/2023Ownership: 0.156%New York State Common Retirement FundBought 34,767 shares on 5/18/2023Ownership: 0.068%Rockefeller Capital Management L.P.Bought 676,337 shares on 5/17/2023Ownership: 0.841%Jane Street Group LLCBought 17,234 shares on 5/16/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions BRP Stock - Frequently Asked Questions Should I buy or sell BRP Group stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BRP Group in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BRP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRP, but not buy additional shares or sell existing shares. View BRP analyst ratings or view top-rated stocks. What is BRP Group's stock price forecast for 2023? 6 brokerages have issued 1-year price targets for BRP Group's shares. Their BRP share price forecasts range from $28.00 to $33.00. On average, they expect the company's stock price to reach $30.60 in the next twelve months. This suggests a possible upside of 36.4% from the stock's current price. View analysts price targets for BRP or view top-rated stocks among Wall Street analysts. How have BRP shares performed in 2023? BRP Group's stock was trading at $25.14 at the beginning of 2023. Since then, BRP shares have decreased by 10.8% and is now trading at $22.43. View the best growth stocks for 2023 here. Are investors shorting BRP Group? BRP Group saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,250,000 shares, a decrease of 7.0% from the April 30th total of 2,420,000 shares. Based on an average daily trading volume, of 363,300 shares, the days-to-cover ratio is currently 6.2 days. View BRP Group's Short Interest. When is BRP Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our BRP earnings forecast. How were BRP Group's earnings last quarter? BRP Group, Inc. (NASDAQ:BRP) released its earnings results on Tuesday, May, 9th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.02. The firm earned $330.45 million during the quarter, compared to the consensus estimate of $312.19 million. BRP Group had a positive trailing twelve-month return on equity of 5.09% and a negative net margin of 7.37%. What ETFs hold BRP Group's stock? ETFs with the largest weight of BRP Group (NASDAQ:BRP) stock in their portfolio include First Trust Small Cap Growth AlphaDEX Fund (FYC), What is Trevor Baldwin's approval rating as BRP Group's CEO? 19 employees have rated BRP Group Chief Executive Officer Trevor Baldwin on Glassdoor.com. Trevor Baldwin has an approval rating of 100% among the company's employees. This puts Trevor Baldwin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 91.0% of employees surveyed would recommend working at BRP Group to a friend. 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." Who are BRP Group's major shareholders? BRP Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (4.50%), BlackRock Inc. (3.41%), Champlain Investment Partners LLC (2.99%), Aristotle Capital Boston LLC (1.22%), State Street Corp (1.06%) and Venator Management LLC (1.05%). Insiders that own company stock include Jay A Cohen, John A Valentine, Kristopher Aaron Wiebeck, Lowry Baldwin, Seth Bala Cohen and Trevor Baldwin. View institutional ownership trends. How do I buy shares of BRP Group? Shares of BRP stock 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 $22.43. How much money does BRP Group make? BRP Group (NASDAQ:BRP) has a market capitalization of $2.62 billion and generates $980.72 million in revenue each year. The company earns $-41,770,000.00 in net income (profit) each year or ($1.37) on an earnings per share basis. How many employees does BRP Group have? The company employs 3,888 workers across the globe. How can I contact BRP Group? BRP Group's mailing address is 4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL, 33607. The official website for the company is www.baldwinriskpartners.com. The company can be reached via phone at 866-279-0698 or via email at ir@baldwinriskpartners.com. 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