BRP Group, Inc. (BRP)

NASDAQ: BRP · IEX Real-Time Price · USD
27.21
-0.42 (-1.52%)
Apr 15, 2024, 4:00 PM EDT - Market closed
-1.52%
Market Cap 1.76B
Revenue (ttm) 1.22B
Net Income (ttm) -90.14M
Shares Out 64.74M
EPS (ttm) -1.50
PE Ratio n/a
Forward PE 17.23
Dividend n/a
Ex-Dividend Date n/a
Volume 361,449
Open 27.74
Previous Close 27.63
Day's Range 26.88 - 28.09
52-Week Range 17.33 - 30.84
Beta 1.54
Analysts Strong Buy
Price Target 33.40 (+22.75%)
Earnings Date May 7, 2024

About 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 Solut... [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 Group'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 5 analysts, the average rating for BRP stock is "Strong Buy." The 12-month stock price forecast is $33.4, which is an increase of 22.75% from the latest price.

Price Target
$33.4
(22.75% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

14 days 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...

5 weeks 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...

6 weeks 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...

6 weeks 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...

7 weeks 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...

3 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...

3 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...

5 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...

6 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, ...

6 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...

6 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...

7 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...

7 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...

8 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...

8 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...

9 months ago - Business Wire

BRP Group, Inc. to Report Second Quarter 2023 Results on Wednesday, August 9, 2023

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

10 months ago - Business Wire

BRP Group, Inc. Introduces Private Equity and Venture Capital Centers of Excellence and Dedicated Leadership Team to Protect Clients' Long-Term Fund Performance

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP) today announced the establishment of two Centers of Excellence (“COEs”) — Private Equity (“PE”) and Venture Capital (“VC”) — w...

11 months ago - Business Wire

BRP Group, Inc. to Participate in the William Blair Growth Stock 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...

11 months ago - Business Wire

BRP Group, Inc. Announces First 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...

1 year ago - Business Wire

BRP Group, Inc. Announces Nomination of Sathish Muthukrishnan to Its Board of Directors

TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. ("BRP Group") (NASDAQ: BRP) today announced that Sathish Muthukrishnan, Chief Information, Data and Digital Officer at Ally Financial Inc. (“Ally”), has b...

1 year ago - Business Wire

BRP Group and Nasdaq's Second Annual Directors and Officers (D&O) Benchmarking Report Reveals Significant Decrease in Rates Year over Year

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...

1 year ago - Business Wire

BRP Group, Inc. to Report First Quarter 2023 Results on Tuesday, May 9, 2023

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

1 year ago - Business Wire

BRP Group, Inc. Announces Fourth Quarter and Full Year 2022 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...

1 year ago - Business Wire

BRP Group, Inc. to Participate in the Raymond James Institutional Investors 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 Bra...

1 year ago - Business Wire