 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
BRP Group, Inc. (BRP) operates as an insurance distribution company in the United States and internationally.
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.
The Specialty segment operates as a wholesale co-brokerage platform that delivers programs requiring underwriting and placement services.
The MainStreet segment offers personal, commercial, and life and health solutions to individuals and businesses in their communities.
The Medicare segment provides consultation for government assistance programs and solutions to seniors and individuals through a network of agents.
Brp Group, Inc reported 1st Quarter March 2020 earnings of $0.17 per share on revenue of $54.2 million. The consensus earnings estimate was $0.05 per share on revenue of $49.9 million.
Recently the company sold 11.5 million shares at $13.25 per share. The offering ended June 29th. Demand for shares was much better than expected.
Entry point: $16.25
52-week trade range: $8.35 - $18.78
Stop/Loss: $15.45
Target Price: $17.85
BRP closed at $18.30
