NASDAQ:BRP BRP Group (BRP) Stock Forecast, Price & News $24.43 -0.24 (-0.97%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$24.26▼$24.7450-Day Range$23.61▼$27.0052-Week Range$19.26▼$32.12Volume248,674 shsAverage Volume364,324 shsMarket Capitalization$2.85 billionP/E RatioN/ADividend YieldN/APrice Target$30.20 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media BRP Group MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside23.6% Upside$30.20 Price TargetShort InterestBearish2.41% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.27Based on 2 Articles This WeekInsider TradingSelling Shares$20.10 M Sold Last QuarterProj. Earnings Growth54.93%From $0.71 to $1.10 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.1.91 out of 5 starsFinance Sector672nd out of 850 stocksInsurance Agents, Brokers, & Service Industry11th out of 20 stocks 2.1 Analyst's Opinion Consensus RatingBRP Group has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.20, BRP Group has a forecasted upside of 23.6% from its current price of $24.43.Amount of Analyst CoverageBRP Group has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.41% 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 7.3.Change versus previous monthShort interest in BRP Group has recently increased by 6.42%, indicating that investor sentiment is decreasing 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 1.8 News and Social Media Coverage News SentimentBRP Group has a news sentiment score of 0.27. 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 lower news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for BRP Group this week, compared to 2 articles on an average week.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 $20,097,933.00 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 Institutions49.69% 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 54.93% in the coming year, from $0.71 to $1.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BRP Group is -12.79, 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 -12.79, 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 1.25. 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 2.49. 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. It 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; and 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 BRP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BRP Stock News HeadlinesSeptember 18, 2023 | americanbankingnews.comInsider Selling: BRP Group, Inc. (NASDAQ:BRP) Major Shareholder Sells $784,200.00 in StockSeptember 15, 2023 | americanbankingnews.comBRP Group, Inc. (NASDAQ:BRP) Director Lowry Baldwin Sells 120,000 SharesSeptember 25, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.September 14, 2023 | finance.yahoo.comInsider Sell: Lowry Baldwin Sells 120,000 Shares of BRP Group IncSeptember 9, 2023 | uk.finance.yahoo.comBRP Group, Inc. (BRP)September 7, 2023 | finance.yahoo.comIs BRP Group (BRP) Too Good to Be True? A Comprehensive Analysis of a Potential Value TrapAugust 14, 2023 | finance.yahoo.comHiring decelerates at Tampa’s fastest-growing public company after frenzied growthAugust 11, 2023 | finance.yahoo.comFMR LLC Boosts Stake in BRP Group IncSeptember 25, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.August 10, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Teledyne Technologies (TDY) and BRP Group (BRP)August 10, 2023 | finance.yahoo.comQ2 2023 BRP Group Inc Earnings CallAugust 10, 2023 | markets.businessinsider.comBRP Group (BRP) Receives a Buy from Wells FargoAugust 9, 2023 | finance.yahoo.comBRP Group (BRP) Q2 Earnings Meet EstimatesAugust 3, 2023 | msn.comBRP Group Inc - (BRP) Price Target Decreased by 7.04% to 31.45August 3, 2023 | finance.yahoo.comIris Energy Announces Monthly Investor Update for July 2023July 25, 2023 | finance.yahoo.comBRP Group, Inc. Introduces Government Contracting Center of ExcellenceJuly 18, 2023 | fool.comBrp Group (NASDAQ: BRP)July 18, 2023 | msn.comWells Fargo Maintains BRP Group Inc - (BRP) Overweight RecommendationJuly 18, 2023 | finance.yahoo.comIris Energy Announces Appointment of Sunita Parasuraman to Board of DirectorsJuly 5, 2023 | finance.yahoo.comBRP Group, Inc. to Report Second Quarter 2023 Results on Wednesday, August 9, 2023June 30, 2023 | finance.yahoo.comMFC vs. BRP: Which Stock Should Value Investors Buy Now?June 15, 2023 | bizjournals.comBRP Group launches private equity, venture capital insurance practicesJune 12, 2023 | finance.yahoo.comBRP Group, Inc. Introduces Private Equity and Venture Capital Centers of Excellence and Dedicated Leadership Team to Protect Clients’ Long-Term Fund PerformanceJune 8, 2023 | finance.yahoo.comThe three-year returns have been respectable for BRP Group (NASDAQ:BRP) shareholders despite underlying losses increasingMay 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 InsightsSee More Headlines 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 Company Calendar Last Earnings8/09/2023Today9/25/2023Next Earnings (Estimated)11/06/2023Fiscal 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$30.20 High Stock Price Forecast$33.00 Low Stock Price Forecast$28.00 Forecasted Upside/Downside+22.4%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.91) Trailing P/E RatioN/A Forward P/E Ratio34.75 P/E Growth1.25Net Income$-41,770,000.00 Net Margins-9.82% Pretax Margin-18.20% Return on Equity5.44% Return on Assets1.81% Debt Debt-to-Equity Ratio1.16 Current Ratio0.99 Quick Ratio0.99 Sales & Book Value Annual Sales$980.72 million Price / Sales2.94 Cash Flow$1.49 per share Price / Cash Flow16.55 Book Value$9.82 per share Price / Book2.51Miscellaneous Outstanding Shares116,780,000Free Float90,332,000Market Cap$2.88 billion OptionableNot Optionable Beta1.56 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. L. Lowry Baldwin (Age 64)Co-Founder & Chairman Comp: $682.09kMr. Trevor L. Baldwin (Age 36)CEO & Director Comp: $2.3MMr. Bradford Lenzie Hale (Age 43)Chief Financial Officer Comp: $1.08MMr. Daniel Galbraith (Age 42)Chief Operating Officer Comp: $1.12MMr. Kristopher Aaron Wiebeck (Age 40)Chief Strategy Officer & Director Comp: $1.13MMr. John A. ValentineChief Partnership OfficerMs. Elizabeth H. KrystynCo-FounderMs. Laura Rice ShermanCo-founderMs. Corbyn N. Lichon (Age 30)Chief Accounting Officer Mr. Rajasekhar KalahasthiChief Digital & Information OfficerMore ExecutivesKey CompetitorsGoosehead InsuranceNASDAQ:GSHDEnactNASDAQ:ACTEquitableNYSE:EQHGlacier BancorpNASDAQ:GBCIFederated HermesNYSE:FHIView All CompetitorsInsiders & InstitutionsLaura ShermanSold 30,000 sharesTotal: $784,200.00 ($26.14/share)Lowry BaldwinSold 120,000 sharesTotal: $3.12 M ($25.98/share)Laura ShermanSold 22,305 sharesTotal: $585,283.20 ($26.24/share)Laura ShermanSold 57,100 sharesTotal: $1.53 M ($26.86/share)Daniel GalbraithSold 60,316 sharesTotal: $1.56 M ($25.89/share)View All Insider TransactionsView All Institutional Transactions BRP Stock - Frequently Asked Questions Should I buy or sell BRP Group stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BRP Group in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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? 5 brokerages have issued 12-month price objectives for BRP Group's stock. Their BRP share price forecasts range from $28.00 to $33.00. On average, they expect the company's stock price to reach $30.20 in the next twelve months. This suggests a possible upside of 22.4% 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 1.9% and is now trading at $24.67. View the best growth stocks for 2023 here. Are investors shorting BRP Group? BRP Group saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,820,000 shares, an increase of 6.4% from the August 15th total of 2,650,000 shares. Based on an average daily volume of 384,200 shares, the days-to-cover ratio is currently 7.3 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 Monday, November 6th 2023. View our BRP earnings forecast. How were BRP Group's earnings last quarter? BRP Group, Inc. (NASDAQ:BRP) released its quarterly earnings data on Wednesday, August, 9th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.13. The company earned $297.19 million during the quarter, compared to the consensus estimate of $286.50 million. BRP Group had a negative net margin of 9.82% and a positive trailing twelve-month return on equity of 5.44%. What ETFs hold BRP Group's stock? ETFs with the largest weight of BRP Group (NASDAQ:BRP) stock in their portfolio include Fidelity Disruptive Finance ETF (FDFF). 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (3.61%), Champlain Investment Partners LLC (2.84%), Westwood Holdings Group Inc. (1.71%), Aristotle Capital Boston LLC (1.24%), Geode Capital Management LLC (1.07%) and State Street Corp (1.06%). Insiders that own company stock include Daniel Galbraith, Jay A Cohen, John A Valentine, Kristopher Aaron Wiebeck, Laura Sherman, 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 $24.67. How much money does BRP Group make? BRP Group (NASDAQ:BRP) has a market capitalization of $2.88 billion and generates $980.72 million in revenue each year. The company earns $-41,770,000.00 in net income (profit) each year or ($1.91) 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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