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S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Better Than Oil Stocks (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Better Than Oil Stocks (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Better Than Oil Stocks (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Better Than Oil Stocks (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Better Than Oil Stocks (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Better Than Oil Stocks (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
NASDAQ:BRP

BRP Group (BRP) Stock Price, News & Analysis

$26.47
-0.61 (-2.25%)
(As of 02/21/2024 ET)
Today's Range
$26.41
$27.21
50-Day Range
$21.83
$27.08
52-Week Range
$17.33
$29.59
Volume
481,900 shs
Average Volume
393,969 shs
Market Capitalization
$3.09 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$27.25

BRP Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
2.9% Upside
$27.25 Price Target
Short Interest
Bearish
3.37% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.99mentions of BRP Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
67.74%
From $0.62 to $1.04 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.56 out of 5 stars

Finance Sector

701st out of 835 stocks

Insurance Agents, Brokers, & Service Industry

14th out of 18 stocks


BRP stock logo

About BRP Group Stock (NASDAQ:BRP)

BRP 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.

BRP Stock Price History

BRP Stock News Headlines

BRP Group (BRP) to Release Earnings on Wednesday
CINF Mar 2024 90.000 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Jennifer L. Parr's Net Worth
BRP Group appoints new co-presidents
BRP Group Inc Class A
BRP Group Inc Class A BRP
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
11 Undervalued Insurance Stocks To Buy Now
Q3 2023 BRP Group Inc Earnings Call
BRP Group, Inc. Announces Third Quarter 2023 Results
BRP Group files for mixed shelf
NNGRY vs. BRP: Which Stock Is the Better Value Option?
BRP Group, Inc. (BRP)
See More Headlines
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Company Calendar

Last Earnings
11/07/2021
Today
2/22/2024
Next Earnings (Confirmed)
2/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$27.25
High Stock Price Target
$30.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+2.9%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-41,770,000.00
Pretax Margin
-16.22%

Debt

Sales & Book Value

Annual Sales
$980.72 million
Cash Flow
$1.46 per share
Book Value
$9.82 per share

Miscellaneous

Free Float
90,305,000
Market Cap
$3.09 billion
Optionable
Not Optionable
Beta
1.50

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BRP Stock Analysis - 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 strong 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 target for 2024?

5 Wall Street analysts have issued 12 month price objectives for BRP Group's shares. Their BRP share price targets range from $24.00 to $30.00. On average, they predict the company's stock price to reach $27.25 in the next year. This suggests a possible upside of 2.9% 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 2024?

BRP Group's stock was trading at $24.02 at the beginning of 2024. Since then, BRP stock has increased by 10.2% and is now trading at $26.47.
View the best growth stocks for 2024 here
.

When is BRP Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our BRP earnings forecast
.

How can I listen to BRP Group's earnings call?

BRP Group will be holding an earnings conference call on Wednesday, February 28th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were BRP Group's earnings last quarter?

BRP Group, Inc. (NASDAQ:BRP) posted its earnings results on Sunday, November, 7th. The company reported $0.11 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.11. The company earned $135.56 million during the quarter, compared to the consensus estimate of $129.51 million. BRP Group had a positive trailing twelve-month return on equity of 6.50% and a negative net margin of 8.83%.

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 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 served as the underwriters for the IPO and Jefferies, Wells Fargo Securities, Raymond James and Keefe Bruyette & Woods (A Stifel Company) were co-managers.

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 Vanguard Group Inc. (5.23%), Westwood Holdings Group Inc. (2.58%), Boston Partners (1.08%), Dimensional Fund Advisors LP (0.85%), Royal Bank of Canada (0.83%) and Peregrine Capital Management LLC (0.79%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BRP) was last updated on 2/22/2024 by MarketBeat.com Staff