S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
NYSE:BRP

BRP Group - BRP Stock Forecast, Price & News

$31.55
-0.13 (-0.41%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$31.08
$32.51
50-Day Range
$22.64
$31.68
52-Week Range
$17.08
$45.36
Volume
598,765 shs
Average Volume
499,212 shs
Market Capitalization
$3.64 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$46.63

BRP Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
47.8% Upside
$46.63 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.20mentions of BRP Group in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$274,320 Bought Last Quarter
Proj. Earnings Growth
78.95%
From $0.38 to $0.68 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars

Finance Sector

171st out of 926 stocks

Insurance Agents, Brokers, & Service Industry

2nd out of 18 stocks

BRP stock logo

About BRP Group (NYSE: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.

Analysts Set New Price Targets

Several equities analysts have issued reports on BRP shares. Jefferies Financial Group decreased their price objective on shares of BRP Group from $27.00 to $26.00 and set a "hold" rating on the stock in a report on Tuesday, July 12th. UBS Group started coverage on shares of BRP Group in a report on Monday, April 18th. They set a "buy" rating and a $30.00 price objective on the stock. Raymond James increased their price objective on shares of BRP Group from $32.00 to $34.00 and gave the company an "outperform" rating in a report on Thursday. Finally, Desjardins decreased their price objective on shares of BRP Group from C$154.00 to C$152.00 in a report on Tuesday, June 7th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $46.63.

BRP Group Price Performance

Shares of NYSE:BRP traded down $0.13 during midday trading on Friday, hitting $31.55. The company's stock had a trading volume of 598,765 shares, compared to its average volume of 499,212. The business's 50 day simple moving average is $25.85 and its 200 day simple moving average is $25.89. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.28 and a current ratio of 1.28. The company has a market cap of $3.64 billion, a P/E ratio of 157.75 and a beta of 1.53. BRP Group has a 12-month low of $17.08 and a 12-month high of $45.36.

BRP Group (NYSE:BRP - Get Rating) last posted its quarterly earnings results on Tuesday, August 9th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.02. BRP Group had a negative net margin of 6.75% and a positive return on equity of 6.96%. On average, analysts forecast that BRP Group will post 0.38 EPS for the current year.

Insider Transactions at BRP Group

In other BRP Group news, CEO Trevor Baldwin purchased 12,000 shares of the firm's stock in a transaction dated Monday, May 16th. The shares were purchased at an average cost of $22.86 per share, with a total value of $274,320.00. Following the completion of the purchase, the chief executive officer now owns 100,297 shares in the company, valued at approximately $2,292,789.42. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 35.93% of the company's stock.

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BRP Stock News Headlines

BRP Group (NYSE:BRP) Shares Gap Up After Strong Earnings
BRP GROUP, INC. Announces Executive Appointments
LFC vs. BRP: Which Stock Is the Better Value Option?
BRP Group smashed revenue estimates in Q1
8 Analysts Have This to Say About BRP Group
BRP Group Misses Q1 EPS by 1c
See More Headlines
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BRP Company Calendar

Last Earnings
8/09/2022
Today
8/14/2022
Next Earnings (Estimated)
11/07/2022

Industry, Sector and Symbol

Industry
Insurance agents, brokers, & service
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
2,707
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$46.63
High Stock Price Forecast
$152.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+47.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
7 Analysts

Profitability

Net Income
$-8,650,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$137.84 million
Cash Flow
$1.42 per share
Book Value
$12.58 per share

Miscellaneous

Free Float
N/A
Market Cap
$3.64 billion
Optionable
Not Optionable
Beta
1.53

Key Executives

  • Mr. L. Lowry Baldwin (Age 63)
    Co-Founder & Chairman
    Comp: $599.84k
  • Mr. Trevor L. Baldwin (Age 35)
    CEO & Director
    Comp: $2.1M
  • Mr. Bradford Lenzie Hale (Age 42)
    Chief Financial Officer
    Comp: $863k
  • Mr. Daniel Galbraith (Age 41)
    Chief Operating Officer
    Comp: $871.75k
  • Ms. Corbyn N. Galloway (Age 30)
    Chief Accounting Officer
    Comp: $401.49k
  • Mr. Kristopher Aaron Wiebeck (Age 39)
    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
  • Ms. Jo Cooey
    Information Technology Director













BRP Stock - Frequently Asked Questions

Should I buy or sell BRP Group stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BRP Group in the last year. There are currently 2 hold ratings and 5 buy ratings 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 forecast for 2022?

7 brokers have issued twelve-month target prices for BRP Group's shares. Their BRP share price forecasts range from $26.00 to $152.00. On average, they predict the company's share price to reach $46.63 in the next year. This suggests a possible upside of 47.8% 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 2022?

BRP Group's stock was trading at $36.11 at the beginning of 2022. Since then, BRP shares have decreased by 12.6% and is now trading at $31.55.
View the best growth stocks for 2022 here
.

When is BRP Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our BRP earnings forecast
.

How were BRP Group's earnings last quarter?

BRP Group, Inc. (NYSE:BRP) released its earnings results on Tuesday, August, 9th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.02. BRP Group had a positive trailing twelve-month return on equity of 6.96% and a negative net margin of 6.75%.

What other stocks do shareholders of BRP Group own?

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 served 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 New York Stock Exchange (NYSE) 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 shareholders include FMR LLC (4.60%), Emerald Advisers LLC (0.99%), Loomis Sayles & Co. L P (0.95%), Peregrine Capital Management LLC (0.58%), DAVENPORT & Co LLC (0.55%) and Confluence Investment Management LLC (0.49%). Insiders that own company stock include Jay A Cohen, John A Valentine, Joseph D Finney, Kristopher Aaron Wiebeck, Loper Enterprises, Llc, Lowry Baldwin, Robert D Eddy, 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 $31.55.

How much money does BRP Group make?

BRP Group (NYSE:BRP) has a market capitalization of $3.64 billion and generates $137.84 million in revenue each year. The company earns $-8,650,000.00 in net income (profit) each year or $0.20 on an earnings per share basis.

How many employees does BRP Group have?

The company employs 2,707 workers across the globe.

How can I contact BRP Group?

BRP Group's mailing address is 4906 Richard Rd SW, CALGARY, AB T3E 6L1, Canada. The official website for the company is www.brookfieldrp.com. The company can be reached via phone at 866 279 0698.

This page (NYSE:BRP) was last updated on 8/14/2022 by MarketBeat.com Staff

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