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S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
NASDAQ:BRP

BRP Group (BRP) Stock Forecast, Price & News

$22.86
+0.54 (+2.42%)
(As of 06/7/2023 ET)
Compare
Today's Range
$21.89
$23.20
50-Day Range
$19.79
$26.30
52-Week Range
$19.26
$33.34
Volume
405,802 shs
Average Volume
356,132 shs
Market Capitalization
$2.67 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$50.83

BRP Group MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
33.9% Upside
$30.60 Price Target
Short Interest
Healthy
1.93% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$44,940 Sold Last Quarter
Proj. Earnings Growth
48.68%
From $0.76 to $1.13 Per Share

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 stars

Finance Sector

245th out of 840 stocks

Insurance Agents, Brokers, & Service Industry

3rd out of 17 stocks


BRP stock logo

About BRP Group (NASDAQ:BRP) Stock

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 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.

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BRP Stock News Headlines

BRP Group (NASDAQ:BRP) Stock Price Down 3.9%
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Q1 2023 BRP Group Inc Earnings Call
BRP Group: Q1 Earnings Insights
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
11 Best Insurance Brokerage Stocks To Buy Now
BRP Group (BRP) to Release Quarterly Earnings on Tuesday
BRP Group, Inc. (NASDAQ:BRP) Short Interest Up 27.2% in March
VOYA vs. BRP: Which Stock Is the Better Value Option?
BRP Group (NASDAQ:BRP) Price Target Cut to $28.00
Whatever You Do, DONT Buy These 3 Financial Stocks
Wells Fargo Sticks to Its Buy Rating for BRP Group (BRP)
See More Headlines

BRP Price History

BRP Company Calendar

Last Earnings
5/09/2023
Today
6/07/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Insurance agents, brokers, & service
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:BRP
Fax
N/A
Employees
3,888
Year Founded
2003

Price Target and Rating

Average Stock Price Forecast
$30.60
High Stock Price Forecast
$33.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+122.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$-41,770,000.00
Pretax Margin
-13.73%

Debt

Sales & Book Value

Annual Sales
$980.72 million
Cash Flow
$1.56 per share
Book Value
$9.82 per share

Miscellaneous

Free Float
90,346,000
Market Cap
$2.67 billion
Optionable
Not Optionable
Beta
1.53

Social Links


Key Executives

  • Mr. L. Lowry BaldwinMr. L. Lowry Baldwin (Age 64)
    Co-Founder & Chairman
    Comp: $599.84k
  • Mr. Trevor L. Baldwin (Age 36)
    CEO & Director
    Comp: $2.1M
  • Mr. Bradford Lenzie Hale (Age 43)
    Chief Financial Officer
    Comp: $863k
  • Mr. Daniel Galbraith (Age 42)
    Chief Operating Officer
    Comp: $871.75k
  • Ms. Corbyn N. Galloway (Age 31)
    Chief Accounting Officer
    Comp: $401.49k
  • Mr. Kristopher Aaron Wiebeck (Age 40)
    Chief Strategy Officer & Director
    Comp: $902.43k
  • Mr. John A. Valentine
    Chief Partnership Officer
  • Ms. Elizabeth H. Krystyn
    Co-Founder
  • Ms. Laura Rice Sherman
    Co-founder
  • Mr. Rajasekhar Kalahasthi
    Chief Digital & Information Officer













BRP Stock - Frequently Asked Questions

Should I buy or sell BRP Group stock right now?

6 Wall Street 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 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 brokers have issued 12 month target prices for BRP Group's stock. Their BRP share price forecasts range from $28.00 to $33.00. On average, they predict the company's stock price to reach $30.60 in the next twelve months. This suggests a possible upside of 33.9% 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 start of the year. Since then, BRP stock has decreased by 9.1% and is now trading at $22.86.
View the best growth stocks for 2023 here
.

Are investors shorting BRP Group?

BRP Group saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,250,000 shares, a drop 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 short-interest 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) posted its quarterly earnings data 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 company had revenue of $330.45 million for the quarter, compared to analysts' expectations 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 (IPO) 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 number of retail and institutional investors. Top institutional shareholders 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 $22.86.

How much money does BRP Group make?

BRP Group (NASDAQ:BRP) has a market capitalization of $2.67 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.

This page (NASDAQ:BRP) was last updated on 6/8/2023 by MarketBeat.com Staff

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