BRP Stock Overview
BRP Group, Inc. markets and sells insurance products and services in the United States.
BRP Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$29.68|
|52 Week High||US$45.36|
|52 Week Low||US$22.79|
|1 Month Change||-8.65%|
|3 Month Change||-22.75%|
|1 Year Change||9.89%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||81.31%|
Recent News & Updates
|BRP||US Insurance||US Market|
Return vs Industry: BRP underperformed the US Insurance industry which returned 21.2% over the past year.
Return vs Market: BRP matched the US Market which returned 10.2% over the past year.
|BRP Average Weekly Movement||5.6%|
|Insurance Industry Average Movement||4.2%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: BRP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BRP's weekly volatility (6%) has been stable over the past year.
About the Company
BRP Group, Inc. markets and sells insurance products and services in the United States. The company operates through four segments: Middle Market, Specialty, MainStreet, and Medicare. The Middle Market segment provides private risk management, commercial risk management, and employee benefits solutions for mid-to-large size businesses, and high net worth individuals and families.
BRP Group Fundamentals Summary
|BRP fundamental statistics|
Is BRP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BRP income statement (TTM)|
|Cost of Revenue||US$330.36m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.16|
|Net Profit Margin||-3.83%|
How did BRP perform over the long term?See historical performance and comparison
Is BRP Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BRP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BRP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BRP is unprofitable, so we can't compare its PE Ratio to the US Insurance industry average.
PE vs Market: BRP is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BRP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BRP is overvalued based on its PB Ratio (5.8x) compared to the US Insurance industry average (1.1x).
How is BRP Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BRP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: BRP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BRP's is expected to become profitable in the next 3 years.
Revenue vs Market: BRP's revenue (38% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: BRP's revenue (38% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BRP's Return on Equity is forecast to be low in 3 years time (7.1%).
How has BRP Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRP is currently unprofitable.
Growing Profit Margin: BRP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BRP is unprofitable, and losses have increased over the past 5 years at a rate of 63.6% per year.
Accelerating Growth: Unable to compare BRP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BRP is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (39.8%).
Return on Equity
High ROE: BRP has a negative Return on Equity (-2.95%), as it is currently unprofitable.
How is BRP Group's financial position?
Financial Position Analysis
Short Term Liabilities: BRP's short term assets ($660.4M) exceed its short term liabilities ($383.8M).
Long Term Liabilities: BRP's short term assets ($660.4M) do not cover its long term liabilities ($737.6M).
Debt to Equity History and Analysis
Debt Level: BRP's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BRP's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BRP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BRP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.8% per year.
What is BRP Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BRP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BRP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BRP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BRP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BRP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Trevor Baldwin (35 yo)
Mr. Trevor L. Baldwin serves as the Chief Executive Officer of BRP Group, Inc. since May 21, 2019 and has been Director since September 2019. He serves as President and Chief Executive Officer at Burnham G...
CEO Compensation Analysis
Compensation vs Market: Trevor's total compensation ($USD1.12M) is below average for companies of similar size in the US market ($USD5.14M).
Compensation vs Earnings: Trevor's compensation has increased whilst the company is unprofitable.
Experienced Management: BRP's management team is considered experienced (2.8 years average tenure).
Experienced Board: BRP's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BRP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21%.
BRP Group, Inc.'s employee growth, exchange listings and data sources
- Name: BRP Group, Inc.
- Ticker: BRP
- Exchange: NasdaqGS
- Founded: 2011
- Industry: Insurance Brokers
- Sector: Insurance
- Implied Market Cap: US$3.365b
- Market Cap: US$1.690b
- Shares outstanding: 112.21m
- Website: https://www.baldwinriskpartners.com
Number of Employees
- BRP Group, Inc.
- 4211 West Boy Scout Boulevard
- Suite 800
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/19 23:51|
|End of Day Share Price||2022/01/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.