BRP Company Profile and Key Details

Q: Who are the executives of BRP?

Mr. Daniel GalbraithChief Operating OfficerMr. John A. ValentineChief Partnership OfficerMs. Jo CooeyInformation Technology DirectorMs. Corbyn N. GallowayChief Accounting OfficerMr. Bradford Lenzie HaleChief Financial OfficerMs. Laura Rice ShermanCo-founderMs. Elizabeth H. KrystynCo-FounderMs. Corbyn N. LichonChief Accounting OfficerMr. L. Lowry BaldwinCo-Founder & ChairmanMr. Kristopher Aaron WiebeckChief Strategy Officer & DirectorMr. Rajasekhar KalahasthiChief Digital & Information OfficerMr. Trevor L. BaldwinChief Executive Officer & Director

NASDAQ : BRP

BRP Group

$32.66

0.15+0.46%

At Close 4:00 PM

Not Actively Trading

77.03

BESG ScoreESG Rating

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

BRP Group, Inc. (BRP) stock surged +0.46%, trading at $32.66 on NASDAQ, up from the previous close of $32.51. The stock opened at $32.67, fluctuating between $31.94 and $33.03 in the recent session.

Stock Snapshot

32.51

Prev. Close

2.16B

Market Cap

31.9385

Day Low

-35.11827956989247

P/E Ratio

-0.93

EPS (TTM)

0.38

Cash Flow per Share

32.67

Open

66.14M

Number of Shares

33.03

Day High

90.32%

Free Float in %

9.16

Book Value

694.65K

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Jun 14, 2024	33.27	34.19	31.47	33.32	263.43K
Jun 13, 2024	34.14	34.69	33.43	33.83	203.94K
Jun 12, 2024	34.90	34.90	34.14	34.26	247.49K
Jun 11, 2024	34.32	34.52	33.03	34.08	293.17K
Jun 10, 2024	33.86	34.68	33.73	34.44	317.32K
Jun 07, 2024	33.90	34.83	33.67	34.19	295.64K
Jun 06, 2024	34.55	34.86	33.56	33.89	274.45K
Jun 05, 2024	35.44	36.02	34.61	34.80	646.54K
Jun 04, 2024	34.80	35.83	34.39	35.52	323.53K
Jun 03, 2024	33.72	34.97	33.72	34.80	289.46K
May 31, 2024	34.58	34.96	33.40	33.68	378.5K
May 30, 2024	34.94	35.12	34.36	34.41	232.48K
May 29, 2024	34.33	35.12	33.96	34.80	296.53K
May 28, 2024	33.68	34.65	33.19	34.33	327.45K
May 24, 2024	33.88	33.93	33.01	33.68	401.6K
May 23, 2024	33.70	34.02	33.08	33.40	690.42K
May 22, 2024	34.94	35.46	33.59	33.98	647.9K
May 21, 2024	33.30	35.21	32.96	35.19	655.42K
May 20, 2024	32.75	34.14	32.19	33.97	274.19K
May 17, 2024	32.65	33.03	31.94	32.66	681.96K

Contact Details

Tampa, FL 33607

United States

https://www.baldwinriskpartners.com 866 279 0698

About Company

BRP Group, Inc. is an insurance provider operating across the United States. Its operations are organized into four distinct divisions: Middle Market, Specialty, MainStreet, and Medicare. The Middle Market division caters to mid-sized to large enterprises, as well as high-net-worth individuals and their families. It offers solutions in commercial risk management, employee benefits, and private risk protection. Within the Specialty division, clients such as specialized insurers, professionals, individuals, and various industry businesses gain access to niche markets, sophisticated underwriting capabilities, and tailored placement programs. This segment also functions as a managing general agent for the innovative Future platform, which delivers proprietary, technology-enabled insurance solutions. The MainStreet division focuses on local communities, providing a range of personal, commercial, and life and health insurance products to both individuals and businesses. Finally, the Medicare division assists seniors and other Medicare-eligible individuals by offering consultation and solutions for government assistance programs, including Medicare and Medicare Advantage, primarily through a vast network of independent contractor agents. BRP Group, Inc. was established in 2011 and is headquartered in Tampa, Florida.

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GoHealth, Inc.$0.31

Company Overview

BRP Group, Inc. (NASDAQ:BRP) closed at $32.66 USD, gaining $0.15 (0.46%) from the previous close of $32.51. The stock is currently mid-range between its 52-week high and low $17.33 and $35.46. With a market capitalization of about $2.16 billion, BRP Group, Inc. is classified as a mid-cap and shows higher-than-market volatility (beta ~1.54). Key stats such as the average daily volume over the past year has been around 359.20 thousand shares, trading with heavier-than-usual volume. Headquartered in Tampa, FL, BRP Group, Inc. operates in the Financial Services sector and the Insurance - Brokers industry. Led by CEO Trevor Lowry Baldwin, the company employs approximately 4,000 people and listed since October 24, 2019. BRP Group, Inc. is an insurance provider operating across the United States.

Technical Performance

BRP has shown sold momentum, gaining 8.9% over the past week and 21.01% over the past quarter, though year-to-date performance is up 35.97%. Short-term trend indicators are mixed aligned (SMA20 14.71%, SMA50 14.32%, SMA200 31.6%). The stock’s 14-day RSI is 69.92 (firm momentum), while the ATR of 1.21 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -0.09% below its high and over 88.46% above its low.

Valuation Metrics

BRP Group, Inc. trades at a P/E ratio of -48.75, slightly below the S&P 500 average, with a price-to-sales ratio of 1.33 and a price-to-book ratio of 3.18 trading at moderately above to book value. The P/FCF stands at -146.29, also below market averages.

Dividend & Fair Value

BRP Group, Inc. last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $25.12. This means the shares are trading above this model’s fair value.

Earnings & Analyst Outlook

BRP Group, Inc. generated EPS of -$0.92 over the past year. Five-year average earnings growth is -114.39%. Wall Street analysts project EPS growth of 32.7% annually over the next five years. The latest quarter delivered EPS of $0.02. The next quarter is forecast at $0.34. Next year's EPS is expected at $44.28. BRP Group, Inc. earnings surprise history is frequent misses against expectations. The quarter that ended May 04, 2026, missed forecasts by -97.7%. The prior quarter beat by -186.85%. Over the last six quarters, Apple has recorded several small beats. These include 7.41% in November 07, 2023.

Shareholding & Insider Activity

BRP Group, Inc. has 66.14 million shares outstanding. The public float is 59.74 million shares, elevated short interest at 7.09% of float. This equals 3.94 million shares. The short ratio is 15.84 days. Institutional investors hold 99.99% of the float. Insiders own 1.54%. Baldwin Insurance Group Holdings, LLC holds 15.49 million shares, Parr Jennifer L. has 2.48 million shares and Morse Mark G. has 2.48 million shares.

Financial & Profitability Overview

Over the trailing twelve months, BRP Group generated $1.22B in revenue, or $20.26 per share. Gross margin was 25.21%, operating margin -3.49%, and net profit margin -7.40%. Returns are negative, with ROA at -2.57% and ROE at -16.08%.
On valuation metrics, BRP Group trades at a P/E of -48.75, P/S of 1.33 and P/B of 3.18. The current ratio is 1.08 and quick ratio is 1.08. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is 100.62 days. Debt-to-equity is 0.28, supported by a cash flow-to-debt ratio of 0.11.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, BRP Group posted revenue of $1.22B, down slightly from $980.72M in the prior quarter. Gross profit was $307.20M (margin 25.21%). Operating income was - $42.55M (margin -3.5%). Net income was- $90.14M (EPS - $1.50).
The company ended the quarter with $116.21M in cash and short-term investments, a total debt of $1.63B, and net debt of $1.52B. Total assets were $3.50B, with equity of $1.02B. Financials further reflected stability, with operating cash flow of $44.64M, free cash flow of $23.27M, and capital expenditures of - $21.38M.

Price Forecast & Outlook

Our AI price prediction model suggests that BRP Group, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 12.45%, with price expected at $37.47 by June 28, 2024, within a range of $36.04 to $38.74 3-Month Outlook: Projected fall of -31.06%, reaching $22.97 by September 12, 2024, with a range of $18.74 to $25.32. 1-Year Outlook: Projected gain of 24.22%, with price at $41.39 by June 13, 2025, within a range of $39.91 to $43.27.

Key Takeaways

BRP Group, Inc. (NASDAQ:BRP) shares are up 35.97% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows BRP Group, Inc. trading at a premium to the broader market with a P/E of -48.75. Analyst sentiment is bullish, with the majority of ratings in Buy territory and a mean price target of $31.05, suggesting -6.81% downside. Our AI forecast model points to short-term strength (12.45% over two weeks), a medium-term fall (-31.06% over three months), and a longer-term gain (24.22% over one year), with expected trading ranges indicating moderate volatility.

Frequently Asked Questions

What is the current BRP Group, Inc. (BRP) stock price?

BRP Group, Inc. (NASDAQ: BRP) stock price is $32.66 in the last trading session. During the trading session, BRP stock reached the peak price of $33.03 while $31.94 was the lowest point it dropped to. The percentage change in BRP stock occurred in the recent session was 0.46% while the dollar amount for the price change in BRP stock was $0.15.

BRP's industry and sector of operation?

The NASDAQ listed BRP is part of Insurance - Brokers industry that operates in the broader Financial Services sector. BRP Group, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of BRP?

Mr. Daniel Galbraith
Chief Operating Officer
Mr. John A. Valentine
Chief Partnership Officer
Ms. Jo Cooey
Information Technology Director
Ms. Corbyn N. Galloway
Chief Accounting Officer
Mr. Bradford Lenzie Hale
Chief Financial Officer
Ms. Laura Rice Sherman
Co-founder
Ms. Elizabeth H. Krystyn
Co-Founder
Ms. Corbyn N. Lichon
Chief Accounting Officer
Mr. L. Lowry Baldwin
Co-Founder & Chairman
Mr. Kristopher Aaron Wiebeck
Chief Strategy Officer & Director
Mr. Rajasekhar Kalahasthi
Chief Digital & Information Officer
Mr. Trevor L. Baldwin
Chief Executive Officer & Director

How BRP did perform over past 52-week?

BRP's closing price is 88.46% higher than its 52-week low of $17.33 where as its distance from 52-week high of $35.46 is -7.9%.

How many employees does BRP have?

Number of BRP employees currently stands at 4,000.

Link for BRP official website?

Official Website of BRP is: https://www.baldwinriskpartners.com

How do I contact BRP?

BRP could be contacted at phone 866 279 0698 and can also be accessed through its website. BRP operates from 4211 West Boy Scout Boulevard, Tampa, FL 33607, United States.

How many shares of BRP are traded daily?

BRP stock volume for the day was 694.65K shares. The average number of BRP shares traded daily for last 3 months was 359.21K.

What is the market cap of BRP currently?

The market value of BRP currently stands at $2.16B with its latest stock price at $32.66 and 66.14M of its shares outstanding.

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Employees	4000
Beta	1.54
Sales or Revenue	$1.22B
5Y Sales Change%	0.202%
Fiscal Year Ends	December
Sector	Financial Services
Industry	Insurance - Brokers

BRP Company Profile and Key Details

BRP Group

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Earnings & Analyst Outlook

Shareholding & Insider Activity

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Technical Performance

Earnings & Analyst Outlook

Shareholding & Insider Activity

Financial & Profitability Overview

Quarterly Financial Highlights

Company Overview

Price Forecast & Outlook

Dividend & Fair Value

Key Takeaways

Valuation Metrics