NASDAQ:BRP

BRP Group (BRP) Stock Price, News & Analysis

$26.70
+0.05 (+0.19%)
(As of 04/26/2024 ET)
Today's Range
$26.14
$26.73
50-Day Range
$26.41
$30.59
52-Week Range
$17.33
$30.84
Volume
173,504 shs
Average Volume
375,310 shs
Market Capitalization
$3.12 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$33.40

BRP Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
25.3% Upside
$33.40 Price Target
Short Interest
Bearish
3.36% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of BRP Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$1.84 M Sold Last Quarter
Proj. Earnings Growth
42.86%
From $1.05 to $1.50 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.

3.59 out of 5 stars

Finance Sector

408th out of 864 stocks

Insurance Agents, Brokers, & Service Industry

9th out of 16 stocks

BRP stock logo

About BRP Group Stock (NASDAQ:BRP)

BRP Group, Inc. operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. It operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions. The Insurance Advisory Solutions segment provides commercial risk management, employee benefits, and private risk management solutions for businesses and high-net-worth individuals, as well as their families. The Underwriting, Capacity & Technology Solutions segment offers Future platform, that manufactures technology-enabled insurance products suite comprises personal, commercial, and specialty lines; specialty wholesale broker business that delivers professionals, individuals, and niche industry businesses; and reinsurance brokerage services. The Mainstreet Insurance Solutions segment provides personal insurance, commercial insurance, and life and health solutions to individuals and businesses in communities. BRP Group, Inc. was founded in 2011 and is headquartered in Tampa, Florida.

BRP Stock Price History

BRP Stock News Headlines

Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
BRP Apr 2024 30.000 call
Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
Q4 2023 BRP Group Inc Earnings Call
BRP Group A earnings: here's what to expect
Earnings Preview: BRP Group
CINF Mar 2024 90.000 put
Jennifer L. Parr's Net Worth
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
4/26/2024
Next Earnings (Confirmed)
5/07/2024
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
3,927
Year Founded
2003

Price Target and Rating

Average Stock Price Target
$33.40
High Stock Price Target
$42.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+25.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-90,140,000.00
Pretax Margin
-13.35%

Debt

Sales & Book Value

Annual Sales
$1.22 billion
Cash Flow
$1.54 per share
Book Value
$8.74 per share

Miscellaneous

Free Float
90,246,000
Market Cap
$3.11 billion
Optionable
Not Optionable
Beta
1.54

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BRP Stock Analysis - Frequently Asked Questions

Should I buy or sell BRP Group stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BRP Group in the last twelve months. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BRP shares.
View BRP analyst ratings
or view top-rated stocks.

What is BRP Group's stock price target for 2024?

5 brokers have issued 12-month price objectives for BRP Group's stock. Their BRP share price targets range from $28.00 to $42.00. On average, they anticipate the company's stock price to reach $33.40 in the next twelve months. This suggests a possible upside of 25.3% 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 on January 1st, 2024. Since then, BRP stock has increased by 11.0% and is now trading at $26.66.
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 Tuesday, May 7th 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 Tuesday, May 7th 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) released its earnings results on Wednesday, February, 28th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. The business earned $284.65 million during the quarter, compared to analyst estimates of $282 million. BRP Group had a positive trailing twelve-month return on equity of 7.61% and a negative net margin of 7.40%.

What ETF holds BRP Group's stock?

Fidelity Disruptive Finance ETF holds 65,263 shares of BRP stock, representing 4.17% of its portfolio.

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 Group (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 many different retail and institutional investors. Top institutional investors include Tributary Capital Management LLC (0.41%), Pathway Financial Advisors LLC (0.12%), Confluence Investment Management LLC (0.11%), Smith Chas P & Associates PA Cpas (0.04%), Diversified Trust Co (0.03%) and Cornerstone Wealth Group LLC (0.01%). 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 4/26/2024 by MarketBeat.com Staff

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