The Baldwin Insurance Group (BRP) Stock Price, News & Analysis

Company Overview

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 Solutions segment offers Future platform, that manufactures technology-enabled insurance products suite comprises personal, commercial, and specialty lines; specialty wholesale broker business that delivers professionals, individuals, and niche industry businesses; and reinsurance brokerage services. The Mainstreet Insurance Solutions segment provides personal insurance, commercial insurance, and life and health solutions to individuals and businesses in communities. BRP Group, Inc. was founded in 2011 and is headquartered in Tampa, Florida.

Key Stats

• Today's Range: $39.16 to $40.46
• 50-Day Range: $38.87 to $55.29
• 52-Week Range: $17.33 to $33.03
• Volume: 555,144 shs
• Average Volume: 379,203 shs
• Market Capitalization: $4.64 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $34.80
• Consensus Rating: Moderate Buy

The Baldwin Insurance Group Stock Analysis - MarketRank™

The Baldwin Insurance Group scored higher than 52% of companies evaluated by MarketBeat, and ranked 619th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

The Baldwin Insurance Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

The Baldwin Insurance Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 36.36%

Earnings Growth

Earnings for The Baldwin Insurance Group are expected to grow by 36.36% in the coming year, from $1.10 to $1.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of The Baldwin Insurance Group is -42.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of The Baldwin Insurance Group is -42.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

The Baldwin Insurance Group has a PEG Ratio of 0.91. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

The Baldwin Insurance Group has a P/B Ratio of 4.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BRP.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

The Baldwin Insurance Group does not currently pay a dividend.

Dividend Growth

The Baldwin Insurance Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for BRP.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.71

News Sentiment

The Baldwin Insurance Group has a news sentiment score of 1.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for The Baldwin Insurance Group this week, compared to 3 articles on an average week.

Search Interest

3 people have searched for BRP on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added The Baldwin Insurance Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, The Baldwin Insurance Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

22.65% of the stock of The Baldwin Insurance Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

70.42% of the stock of The Baldwin Insurance Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BRP Stock Analysis - Frequently Asked Questions

How have BRP shares performed this year?

The Baldwin Insurance Group's stock was trading at $24.02 on January 1st, 2024. Since then, BRP stock has increased by 64.4% and is now trading at $39.48.
View the best growth stocks for 2024 here.

How were The Baldwin Insurance Group's earnings last quarter?

The Baldwin Insurance Group, Inc. (NASDAQ:BRP) issued its quarterly earnings data on Sunday, November, 7th. The company reported $0.11 EPS for the quarter, hitting analysts' consensus estimates of $0.11. The company earned $135.56 million during the quarter, compared to analysts' expectations of $129.51 million. The Baldwin Insurance Group had a positive trailing twelve-month return on equity of 9.21% and a negative net margin of 4.29%.

When did The Baldwin Insurance Group IPO?

The Baldwin Insurance Group (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.

Who are The Baldwin Insurance Group's major shareholders?

The Baldwin Insurance Group's top institutional investors include FMR LLC (8.44%), Bamco Inc. NY (2.56%), Champlain Investment Partners LLC (2.18%) and State Street Corp (1.66%). Insiders that own company stock include James Morgan Roche, John A Valentine, Lowry Baldwin, Trevor Baldwin, Daniel Galbraith, Laura Sherman, Kristopher Aaron Wiebeck and Seth Bala Cohen.
View institutional ownership trends.

How do I buy shares of The Baldwin Insurance 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of The Baldwin Insurance Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that The Baldwin Insurance Group investors own include Meta Platforms (META), NVIDIA (NVDA), Cisco Systems (CSCO), QUALCOMM (QCOM), Tesla (TSLA), Home Depot (HD) and Honeywell International (HON).

Company Calendar

• Last Earnings: 11/07/2021
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Insurance agents, brokers, & service
• Sub-Industry: Apparel
• Current Symbol: NASDAQ:BRP
• CUSIP: N/A
• CIK: 1781755
• Web: www.baldwinriskpartners.com
• Phone: 866-279-0698
• Fax: N/A
• Employees: 9,200
• Year Founded: 2003

Price Target and Rating

• Average Stock Price Target: $34.80
• High Stock Price Target: $42.00
• Low Stock Price Target: $28.00
• Potential Upside/Downside: -11.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.92)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 35.89
• P/E Growth: 0.91
• Net Income: $-90,140,000.00
• Net Margins: -4.29%
• Pretax Margin: -7.66%
• Return on Equity: 9.21%
• Return on Assets: 2.82%

Debt

• Debt-to-Equity Ratio: 1.21
• Current Ratio: 0.90
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $1.27 billion
• Price / Sales: 3.66
• Cash Flow: $1.91 per share
• Price / Cash Flow: 20.69
• Book Value: $8.74 per share
• Price / Book: 4.52

Miscellaneous

• Outstanding Shares: 117,548,000
• Free Float: 90,923,000
• Market Cap: $4.64 billion
• Optionable: Not Optionable
• Beta: 1.54