The Baldwin Insurance Group Inc. (BRP)

NASDAQ: BRP · IEX Real-Time Price · USD
32.66
+0.15 (0.46%)
May 17, 2024, 4:00 PM EDT - Market closed
0.46%
Market Cap 2.16B
Revenue (ttm) 1.27B
Net Income (ttm) -54.43M
Shares Out 66.14M
EPS (ttm) -0.93
PE Ratio n/a
Forward PE 18.92
Dividend n/a
Ex-Dividend Date n/a
Volume 531,932
Open 32.65
Previous Close 32.51
Day's Range 31.91 - 33.03
52-Week Range 17.33 - 33.03
Beta 1.54
Analysts Strong Buy
Price Target 34.00 (+4.1%)
Earnings Date May 7, 2024

About BRP

The Baldwin Insurance 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 ... [Read more]

Sector Financials
IPO Date Oct 24, 2019
Employees 3,800
Stock Exchange NASDAQ
Ticker Symbol BRP
Full Company Profile

Financial Performance

In 2023, BRP's revenue was $1.22 billion, an increase of 24.25% compared to the previous year's $980.72 million. Losses were -$90.14 million, 115.8% more than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for BRP stock is "Strong Buy." The 12-month stock price forecast is $34.0, which is an increase of 4.10% from the latest price.

Price Target
$34.0
(4.10% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

The Baldwin Group to Change Ticker Symbol to BWIN on May 20, 2024

TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) (“Baldwin” or the “Company”) (NASDAQ: BRP), highlighted to...

2 days ago - Business Wire

The Baldwin Group Announces Successful Pricing with Improved Terms for $840 Million Term Loan B and $600 Million Revolver

TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) (“Baldwin,” “we” or “our”) (NASDAQ: BRP), today announced ...

2 days ago - Business Wire

The Baldwin Group Announces Upsize and Pricing of $600 Million Offering of Senior Secured Notes due 2031

TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) (“Baldwin”) (NASDAQ: BRP), announced today the pricing of ...

8 days ago - Business Wire

The Baldwin Group Announces $500 Million Offering of Senior Secured Notes due 2031

TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) (“Baldwin”) (NASDAQ: BRP), announced today the offering by...

10 days ago - Business Wire

The Baldwin Group Announces First Quarter 2024 Results

TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) (“Baldwin” or the “Company”) (NASDAQ: BRP), an independent...

11 days ago - Business Wire

Westwood Insurance Agency LLC Announces Strategic Collaboration With Landsea Homes

WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Westwood Insurance Agency LLC (“Westwood”), an indirect subsidiary of The Baldwin Insurance Group, Inc. (“Baldwin”) (NASDAQ: BRP), a leading full-service agenc...

16 days ago - Business Wire

BRP to Become The Baldwin Group

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“Baldwin” or the “Company”) (NASDAQ: BRP) announced today that it will transition to a new firm-wide brand to best reflect the firm's transformation, gro...

17 days ago - Business Wire

ICEYE and Juniper Re, LLC announce multi-year flood and wildfire data collaboration

HELSINKI , April 25, 2024 /PRNewswire/ -- ICEYE, a global leader in satellite-powered disaster management solutions, has announced a new data collaboration with Juniper Re, LLC ("Juniper Re"), the dyn...

23 days ago - PRNewsWire

BRP Group, Inc. and Nasdaq's Third Annual Directors and Officers (D&O) Benchmarking Report Includes Key Findings on Cyber Liability in this Year's Edition

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (NASDAQ: BRP) (“BRP Group”), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial...

4 weeks ago - Business Wire

BRP Group, Inc. to Report First Quarter 2024 Results on Tuesday, May 7, 2024

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of person...

6 weeks ago - Business Wire

Millennial Specialty Insurance, LLC Announces Launch of its Multifamily Insurance Solutions into Canadian Market with Distribution Through Summit Commercial Solutions

TAMPA, Fla.--(BUSINESS WIRE)--Millennial Specialty Insurance, LLC (“MSI”), an indirect subsidiary of BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP), is now offering comprehensive multifamily-focused insu...

2 months ago - Business Wire

Amwins Purchases Wholesale Business from BRP Group, Inc.

Connected Risk Solutions to join Amwins' Brokerage Division CHARLOTTE, N.C. , Feb. 29, 2024 /PRNewswire/ -- Amwins, a global distributor of specialty insurance products and services, announced it sign...

2 months ago - PRNewsWire

BRP Group, Inc. Announces Fourth Quarter and Full Year 2023 Results

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of person...

2 months ago - Business Wire

BRP Group, Inc. to Participate in the Raymond James Institutional Investor Conference

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, today announced that Tre...

2 months ago - Business Wire

BRP Group, Inc. Announces Executive Appointments

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial...

4 months ago - Business Wire

BRP Group, Inc. to Report Fourth Quarter 2023 Results on Wednesday, February 28, 2024

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of person...

4 months ago - Business Wire

BRP Group, Inc. Announces Third Quarter 2023 Results

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of person...

6 months ago - Business Wire

BRP Group, Inc. Announces Launch of Reinsurance Broking Platform, Juniper Re, LLC

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. ("BRP Group” or the “Company”) (NASDAQ: BRP) announced today the launch of a new reinsurance broking platform - Juniper Re, LLC (“Juniper Re”) - to expand...

7 months ago - Business Wire

Ascend Selected by Founder Shield to Automate Financial Operations Process to Improve Customer Experience, Broker Efficiency

SAN FRANCISCO , Oct. 4, 2023 /PRNewswire/ -- Ascend, the leading financial operations automation platform, has been chosen by Millennial Specialty Insurance, LLC, an indirect subsidiary of BRP Group, ...

8 months ago - PRNewsWire

BRP Group, Inc. to Report Third Quarter 2023 Results on Tuesday, November 7, 2023

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of person...

8 months ago - Business Wire

Millennial Specialty Insurance, LLC Launches New High Net Worth Homeowners Program in Collaboration with MS Transverse

TAMPA, Fla.--(BUSINESS WIRE)--Millennial Specialty Insurance, LLC ("MSI"), an indirect subsidiary of BRP Group, Inc. (NASDAQ: BRP), and MS Transverse Insurance Group (“MS Transverse”) has launched a n...

8 months ago - Business Wire

BRP Group, Inc. Announces Successful Pricing of $170 Million Incremental Term Loan B

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP) today announced that its subsidiary, Baldwin Risk Partners, LLC (“BRP LLC”), successfully priced a $170 milli...

9 months ago - Business Wire

BRP Group, Inc. Introduces International Center of Excellence to Enable Businesses to Expand Operations Across the Globe

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP) announced today the launch of a new International Center of Excellence (“COE”) to provide exemplary insurance solutions for cl...

10 months ago - Business Wire

BRP Group, Inc. Announces Second Quarter 2023 Results

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of person...

10 months ago - Business Wire

BRP Group, Inc. Introduces Government Contracting Center of Excellence

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP) today announced the establishment of its newest national Center of Excellence (“COE”) — Government Contracting (“GovCon”) – to...

10 months ago - Business Wire