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BRP

BRP - BRP Group Inc Stock Price, Fair Value and News

32.68USD-0.71 (-2.13%)Market Closed

Market Summary

BRP
USD32.68-0.71
Market Closed
-2.13%

BRP Alerts

  • Big jump in Earnings (Y/Y)

BRP Stock Price

View Fullscreen

BRP RSI Chart

BRP Valuation

Market Cap

2.0B

Price/Earnings (Trailing)

-37.14

Price/Sales (Trailing)

1.59

EV/EBITDA

-13.25

Price/Free Cashflow

56.87

BRP Price/Sales (Trailing)

BRP Profitability

EBT Margin

-7.66%

Return on Equity

-9.1%

Return on Assets

-1.55%

Free Cashflow Yield

1.76%

BRP Fundamentals

BRP Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

15.11%

Rev. Growth (Qtr)

33.63%

BRP Earnings

Earnings (TTM)

-54.4M

Earnings Growth (Yr)

252.69%

Earnings Growth (Qtr)

162.58%

Breaking Down BRP Revenue

Last 7 days

-1.9%

Last 30 days

-3.8%

Last 90 days

11.7%

Trailing 12 Months

34.5%

How does BRP drawdown profile look like?

BRP Financial Health

Current Ratio

0.9

BRP Investor Care

Shares Dilution (1Y)

5.36%

Diluted EPS (TTM)

-0.93

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.3B000
20231.1B1.1B1.2B1.2B
2022657.3M770.1M893.9M980.7M
2021339.6M408.0M477.7M567.3M
2020162.2M180.4M207.8M240.9M
201987.9M102.3M122.1M137.8M
201800079.9M

Tracking the Latest Insider Buys and Sells of BRP Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 13, 2024
roche james morgan
sold
-306,100
30.61
-10,000
see remarks
May 10, 2024
galbraith daniel
sold
-4,828,400
29.83
-161,864
see remarks
May 10, 2024
galbraith daniel
sold
-1,495,920
30.11
-49,682
see remarks
May 09, 2024
roche james morgan
sold
-1,202,360
30.0589
-40,000
see remarks
May 09, 2024
galbraith daniel
acquired
-
-
311,200
see remarks
May 09, 2024
galbraith daniel
sold
-63,980
30.76
-2,080
see remarks

1–10 of 50

Which funds bought or sold BRP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 06, 2024
WESTWOOD HOLDINGS GROUP INC
reduced
-9.28
6,737,000
79,164,000
0.62%
May 28, 2024
Boston Partners
added
17.01
11,999,800
42,586,200
0.05%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-6.62
148,535
1,336,280
-%
May 16, 2024
COMERICA BANK
added
6.21
26,824
122,746
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-4.48
231,371
1,765,600
-%
May 15, 2024
Estuary Capital Management LP
new
-
5,594,130
5,594,130
2.27%
May 15, 2024
Squarepoint Ops LLC
sold off
-100
-888,452
-
-%
May 15, 2024
CAPTRUST FINANCIAL ADVISORS
sold off
-100
-714,811
-
-%
May 15, 2024
LMR Partners LLP
sold off
-100
-1,343,940
-
-%
May 15, 2024
Integrated Wealth Concepts LLC
sold off
-100
-309,882
-
-%

1–10 of 48

Are Funds Buying or Selling BRP?

Are funds buying BRP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own BRP
No. of Funds

Unveiling BRP Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 16, 2024
t. rowe price investment management, inc.
0.8%
513,981
SC 13G/A
Feb 14, 2024
t. rowe price investment management, inc.
0.8%
513,981
SC 13G
Feb 14, 2024
baldwin lowry
25.4%
21,764,011
SC 13G/A
Feb 14, 2024
macquarie group ltd
5.5%
3,542,273
SC 13G
Feb 14, 2024
bamco inc /ny/
5.07%
3,260,000
SC 13G/A
Feb 13, 2024
champlain investment partners, llc
5.54%
3,560,690
SC 13G/A
Feb 13, 2024
vanguard group inc
9.50%
6,107,277
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 26, 2024
blackrock inc.
7.2%
4,612,410
SC 13G/A
Aug 10, 2023
fmr llc
-
0
SC 13G/A

Recent SEC filings of BRP Group Inc

View All Filings
Date Filed Form Type Document
Jun 06, 2024
8-K
Current Report
May 29, 2024
8-K
Current Report
May 23, 2024
4
Insider Trading
May 23, 2024
4
Insider Trading
May 21, 2024
144
Notice of Insider Sale Intent
May 16, 2024
8-K
Current Report
May 13, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 13, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to BRP Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.3T
1.3B
12.37% 3586.17%
-5.8K
916.93
-10.27% -34.69%
57.8B
10.6B
2.60% 24.22%
52.89
5.44
20.42% -6.04%
50.9B
19.3B
2.28% 32.75%
9.52
2.63
3.03% 17.35%
49.7B
48.4B
-5.09% 33.80%
10.29
1.03
-4.15% -20.63%
48.0B
42.9B
-3.12% 19.87%
15.3
1.12
13.52% 12.15%
38.3B
14.4B
-0.78% 40.34%
7.89
2.66
32.92% 143.01%
10.6B
8.0B
-3.95% 7.73%
12
1.32
11.14% 7.56%
9.6B
12.6B
-3.91% 10.14%
7.29
0.77
4.24% -13.40%
MID-CAP
16.6B
3.2B
41.59% 254.22%
23.33
5.23
64.05% -34.59%
8.8B
11.4B
-0.43% 28.56%
11.46
0.77
9.81% 217.29%
5.4B
11.9B
0.38% 32.49%
4.02
0.45
-33.27% 234.43%
2.0B
1.3B
-3.83% 34.54%
-37.14
1.59
18.74% 30.90%
SMALL-CAP
815.7M
308.9M
-5.43% -19.54%
13.22
2.64
3.79% 10.94%
569.4M
314.0M
-28.10% -8.77%
9.9
1.81
-29.20% -88.19%
33.9M
187.5M
-2.35% -18.63%
-46.84
0.18
2.74% 73.83%

BRP Group Inc News

Latest updates
Yahoo Canada Shine On5 hours ago
Houston Chronicle 07 May 202407:00 am
Seeking Alpha07 May 202407:00 am

BRP Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue33.6%380,367,000284,648,000306,270,000297,191,000330,446,000246,044,000259,368,000232,460,000242,848,000159,200,000135,556,000119,706,000152,828,00069,649,00065,843,00051,268,00054,159,00036,561,00038,383,00033,060,00029,837,000
Costs and Expenses10.1%346,109,000314,373,000306,184,000313,722,000326,827,000312,464,000289,223,000207,021,000203,110,000197,057,000152,739,000133,242,000115,878,00083,409,00072,513,00058,080,00048,855,00055,099,00036,909,00032,396,00018,505,000
Operating Expenses-6.6%45,795,00049,013,00047,165,00047,485,00046,604,00049,284,00047,212,00040,770,00036,442,00037,782,00027,968,00019,537,00016,875,00017,483,00012,146,0009,546,0008,885,0007,865,0006,320,0006,389,0004,002,000
EBITDA Margin33.1%-0.11-0.17-0.20-0.21-0.15-0.08-0.040.00-0.04-0.08-0.07-0.030.02-0.09-0.15-0.16-0.16-0.18-0.01-0.01-
Interest Expenses1.0%-31,545,000-31,865,000-30,580,000-29,136,000-27,884,000-25,324,000-20,766,000-14,632,000-10,350,000-8,468,000-6,940,000-5,848,000-5,643,000-5,303,000-922,000-1,047,000-585,000-1,642,000-3,785,000-3,623,000-1,590,000
Income Taxes75.1%667,000381,000161,000665,00078,000715,000---19,000----17,000--12,00017,000---
Earnings Before Taxes164.0%39,767,000-62,115,000-31,845,000-42,998,000-25,776,000-90,758,000-46,707,00016,593,00044,839,000-44,366,000-24,601,000-20,441,00031,307,000-19,135,000-7,615,000-7,859,0004,719,000-26,914,000-2,306,000-2,959,0009,742,000
EBT Margin42.6%-0.08-0.13-0.16-0.18-0.14-0.08-0.03-0.01-0.07-0.10-0.07-0.04-0.01-0.12-0.18-0.18-0.17-0.160.020.03-
Net Income162.6%21,578,000-34,483,000-17,629,000-23,897,000-14,132,000-48,490,000-24,793,0008,642,00022,869,000-22,647,000-13,212,000-10,093,00015,306,000-10,308,000-3,268,000-3,588,0001,468,000-8,650,000---
Net Income Margin42.0%-0.04-0.07-0.09-0.10-0.07-0.04-0.02-0.01-0.04-0.05-0.04-0.02-0.01-0.07-0.07-0.06-0.04-0.06-0.01-0.02-
Free Cashflow-135.9%-5,252,00014,626,000-18,162,00044,334,000-17,530,0007,612,000-18,847,000-7,980,000-5,226,00010,955,000-23,810,00045,376,0002,287,0004,712,000-14,389,00036,637,0004,388,000-2,808,0005,022,0003,633,000-
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32018Q4
Assets0.2%3,5103,5023,4233,4653,4483,4623,4123,4112,9422,8762,2331,7361,5771,530723870450399346140
  Current Assets2.7%95192680281878077271172763557866049133430215931013113368.0039.00
    Cash Equivalents-3.5%11211679.0010618723025128424422842127612314258.0020456.0071.0018.008.00
  Net PPE1.2%23.0023.0024.0024.0025.0025.0025.0023.0018.0017.0014.0012.0012.0011.008.006.004.003.003.002.00
  Goodwill0%1,4121,4121,4221,4221,4221,4221,4211,4151,2321,22988567266965234433619816417166.00
Liabilities-1.8%2,4382,4832,3502,3682,3212,3222,1882,1511,7031,6891,121944771814306447195161295117
  Current Liabilities1.9%1,0531,03379882777369957357053154138435525021712514582.0073.0066.0033.00
    LT Debt, Current0%10.0010.00-----------------1.00
Shareholder's Equity6.7%5985605911,0971,1271,1401,2241,2601,2391,1871,111793806770417423255237--
  Retained Earnings11.5%-165-186-152-134-110-96.76-48.27-23.48-32.12-54.99-32.32-19.49-9.73-24.35-14.04-10.77-7.18-8.65-206-
  Additional Paid-In Capital2.1%76374774373371770469968367166360840439939223823690.0082.00--
Shares Outstanding2.9%62.0060.0061.0059.0059.0057.0056.0056.0056.0048.0045.0044.0044.0027.0024.0020.0019.0018.007.00-
Minority Interest3.3%473458483498520531572599599579535407416402193198172164-1.00
Float----1,469---1,345---1,172---558----
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-86.8%2,89421,845-12,62949,459-14,03114,191-12,012-1,208-3,43313,088-22,37846,1323,2876,046-12,87338,6734,971-2,5555,7073,9974,865
  Share Based Compensation5.4%14,09413,37114,59818,75813,28121,3248,38810,1137,5647,2723,8344,5453,5422,3872,2401,9781,1393,11779.0031.00-
Cashflow From Investing996.9%44,613-4,974-6,354-5,495-5,099-6,891-17,571-386,763-3,132-454,892-195,974-9,249-18,358-442,576-7,807-187,538-39,888802-24,281-41,353-36,188
Cashflow From Financing-355.8%-40,15315,698481-17,887-24,522-27,446-3,731427,99422,736248,104363,805116,554-4,404520,554-125,758297,33619,81155,31420,25542,39134,122
  Buy Backs199.2%8,223-8,292-4,9828,285-5,4849,9738,287-9,344-633-223446---1.00-1,292----11,17711,177
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BRP Income Statement

2024-03-31
Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Commissions and fees$ 378,096$ 329,523
Investment income2,271923
Total revenues380,367330,446
Operating expenses:  
Commissions, employee compensation and benefits262,092230,954
Other operating expenses45,79546,604
Amortization expense24,04123,163
Change in fair value of contingent consideration12,67624,758
Depreciation expense1,5051,348
Total operating expenses346,109326,827
Operating income34,2583,619
Other income (expense):  
Interest expense, net(31,545)(27,884)
Gain on divestitures36,5160
Other income (expense), net538(1,511)
Total other income (expense), net5,509(29,395)
Income (loss) before income taxes39,767(25,776)
Income tax expense66778
Net income (loss)39,100(25,854)
Less: net income (loss) attributable to noncontrolling interests17,522(11,722)
Net income (loss) attributable to Baldwin21,578(14,132)
Comprehensive income (loss)39,100(25,854)
Comprehensive income (loss) attributable to noncontrolling interests17,522(11,722)
Comprehensive income (loss) attributable to Baldwin$ 21,578$ (14,132)
Basic earnings (loss) per share$ 0.35$ (0.24)
Diluted earnings (loss) per share$ 0.33$ (0.24)
Weighted-average shares of Class A common stock outstanding - basic61,856,14758,711,798
Weighted-average shares of Class A common stock outstanding - diluted65,314,24858,711,798

BRP Balance Sheet

2024-03-31
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets  
Cash and cash equivalents$ 112,113$ 116,209
Restricted cash122,204104,824
Premiums, commissions and fees receivable, net701,892627,791
Prepaid expenses and other current assets14,90912,730
Assets held for sale064,351
Total current assets951,118925,905
Property and equipment, net22,99422,713
Right-of-use assets83,46185,473
Other assets39,77738,134
Intangible assets, net1,000,2741,017,343
Goodwill1,412,3691,412,369
Total assets3,509,9933,501,937
Current Liabilities  
Premiums payable to insurance companies599,828555,569
Producer commissions payable85,68764,304
Accrued expenses and other current liabilities132,234152,954
Related party notes payable5,6911,525
Current portion of contingent earnout liabilities229,529215,157
Liabilities held for sale043,931
Total current liabilities1,052,9691,033,440
Revolving line of credit334,000341,000
Long-term debt, less current portion966,962968,183
Contingent earnout liabilities, less current portion6,33661,310
Operating lease liabilities, less current portion77,83078,999
Other liabilities123123
Total liabilities2,438,2202,483,055
Mezzanine Equity  
Redeemable noncontrolling interest455394
Stockholders' Equity Attributable to BRP Group, Inc.  
Additional paid-in capital762,609746,671
Accumulated deficit(165,327)(186,905)
Total stockholders’ equity attributable to Baldwin597,939560,412
Noncontrolling interest473,379458,076
Total stockholders’ equity1,071,3181,018,488
Total liabilities, mezzanine equity and stockholders’ equity3,509,9933,501,937
Common Class A  
Stockholders' Equity Attributable to BRP Group, Inc.  
Common stock652641
Common Class B  
Stockholders' Equity Attributable to BRP Group, Inc.  
Common stock$ 5$ 5
BRP
BRP Group, Inc. markets and sells insurance products and services in the United States. It 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; and 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.
 CEO
 WEBSITEbaldwinriskpartners.com
 INDUSTRYInsurance Property & Casualty
 EMPLOYEES3900

BRP Group Inc Frequently Asked Questions


What is the ticker symbol for BRP Group Inc? What does BRP stand for in stocks?

BRP is the stock ticker symbol of BRP Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of BRP Group Inc (BRP)?

As of Fri Jun 21 2024, market cap of BRP Group Inc is 2.02 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BRP stock?

You can check BRP's fair value in chart for subscribers.

What is the fair value of BRP stock?

You can check BRP's fair value in chart for subscribers. The fair value of BRP Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of BRP Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BRP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is BRP Group Inc a good stock to buy?

The fair value guage provides a quick view whether BRP is over valued or under valued. Whether BRP Group Inc is cheap or expensive depends on the assumptions which impact BRP Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BRP.

What is BRP Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 21 2024, BRP's PE ratio (Price to Earnings) is -37.14 and Price to Sales (PS) ratio is 1.59. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BRP PE ratio will change depending on the future growth rate expectations of investors.