How to buy BRP Group stock - 06 March
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How to buy BRP Group stock

Own BRP Group stock in just a few minutes.

Jing Jun Ma
Jing Jun Ma
Fact checked
Buy BRP Group (BRP) Learn more

BRP Group, Inc is an insurance brokers business based in the US. BRP Group shares (BRP) are listed on the NASDAQ and all prices are listed in US Dollars. BRP Group employs 800 staff and has a trailing 12-month revenue of around USD$207.8 million.

How to buy shares in BRP Group

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for BRP Group. Find the stock by name or ticker symbol: BRP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until BRP Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of BRP Group, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of BRP Group. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

What's in this guide?

  1. BRP shares summary
  2. Compare share dealing platforms
  3. Is BRP stock a buy or sell?
  4. Stock performance over time
  5. Can I short BRP shares?
  6. Are BRP shares over-valued?
  7. BRP Group's financials
  8. Does BRP Group pay a dividend?
  9. Other common questions

BRP Group share price

Use our graph to track the performance of BRP stocks over time.

BRP Group shares at a glance

Information last updated 2021-03-03.
52-week rangeUSD$8.35 - USD$33.56
50-day moving average USD$26.9265
200-day moving average USD$27.656
Wall St. target priceUSD$33
PE ratio 1386.5793
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.13

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy BRP Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of BRP Group, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is BRP Group under- or over-valued?

Valuing BRP Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of BRP Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

BRP Group's P/E ratio

BRP Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1387x. In other words, BRP Group shares trade at around 1387x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

BRP Group's EBITDA

BRP Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$23 million.

The EBITDA is a measure of a BRP Group's overall financial performance and is widely used to measure a its profitability.

BRP Group financials

Revenue TTM USD$207.8 million
Operating margin TTM 2.81%
Gross profit TTM USD$42.2 million
Return on assets TTM 0.68%
Return on equity TTM -25.52%
Profit margin -6.76%
Book value $6.584
Market capitalisation USD$3.2 billion

TTM: trailing 12 months

Shorting BRP Group shares

There are currently 981,499 BRP Group shares held short by investors – that's known as BRP Group's "short interest". This figure is 12.4% up from 872,875 last month.

There are a few different ways that this level of interest in shorting BRP Group shares can be evaluated.

BRP Group's "short interest ratio" (SIR)

BRP Group's "short interest ratio" (SIR) is the quantity of BRP Group shares currently shorted divided by the average quantity of BRP Group shares traded daily (recently around 348049.29078014). BRP Group's SIR currently stands at 2.82. In other words for every 100,000 BRP Group shares traded daily on the market, roughly 2820 shares are currently held short.

However BRP Group's short interest can also be evaluated against the total number of BRP Group shares, or, against the total number of tradable BRP Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case BRP Group's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 BRP Group shares in existence, roughly 10 shares are currently held short) or 0.0168% of the tradable shares (for every 100,000 tradable BRP Group shares, roughly 17 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against BRP Group.

Find out more about how you can short BRP Group stock.

BRP Group share dividends

We're not expecting BRP Group to pay a dividend over the next 12 months.

BRP Group overview

BRP Group, Inc. 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. The company was founded in 2011 and is headquartered in Tampa, Florida.

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