How to Buy Brp Group Stock
Brp Group Inc
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.
Brp Group stock last closed at $27.54, up 0.88% from the previous day, and has increased 14.8% in one year. It has underperformed other stocks in the Insurance Brokers industry by 0.01 percentage points. Brp Group stock is currently +58.92% from its 52-week low of $17.33, and -10.7% from its 52-week high of $30.84.
At the moment, there are 116.67M shares of BRP outstanding. The market capitalization of BRP is $3.21B. In the past 24 hours, 134,960 BRP shares were traded.
How to Buy Brp Group Stock
Not sure how to invest in Brp Group stock? Here's how.
- Decide where to buy Brp Group stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Brp Group stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your payment method and add your info.
- Evaluate Brp Group stock: The Brp Group ticker symbol is BRP. Is Brp Group stock a good investment? Should you buy shares of BRP? How do BRP's underlying business fundamentals look? Do top analysts think Brp Group is a good buy? Why has BRP's stock price moved recently? (Hint: Our stock market analysis website can help you understand if BRP is a good stock to buy).
- Make your BRP purchase: Decide if you will purchase BRP shares at the current market price or use a limit order to purchase BRP stock at a particular price.
- Keep tabs on your investment in BRP: Create a watchlist to keep track of your new investment in Brp Group shares.
Step 1: Decide where to buy Brp Group stock
You need an online brokerage account in order to access the NASDAQ market and buy BRP shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you can invest in BRP today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new trading account.
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Step 3: Deposit funds into your investment account
Now that you've filled out your info on investing apps, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of transferring funds into your new brokerage account.
Step 4: Evaluate Brp Group stock
Once you have selected the best place to buy Brp Group stock, it's important to analyze their stock prior to investing, so you truly understand the risk as well as the opportunity.
Overview of key BRP info
BRP Due Diligence Checks
WallStreetZen was created to help everyday investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on BRP's stock page.
Is BRP stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BRP's fair value.
Using relative valuations metrics:
- BRP may be undervalued based on its P/B ratio of 5.73x, relative to Insurance Brokers industry P/B ratio of 6.66x
You can access more valuation analysis on BRP's stock here.
A look at BRP Cashflows and Balance Sheet
Positive Financial Indicators:
- Total BRP debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- BRP has a relatively high debt to equity ratio of 4.43.
- BRP's operating cash flow of $44.64M allows it to safely service it's debt of $1.39B.
- BRP earnings of $30.61M is not enough to cover its interest payments.
- BRP profit margin has gone down from -4.3% to -7.4% in the past year.
- There are more long-term liabilities than short-term assets on the BRP balance sheet.
- There are more short-term liabilities than short-term assets on the BRP balance sheet.
Do Wall Street analysts think it's a good time to buy BRP stock
Out of 5 Wall Street analysts who give ratings on BRP, the consensus analyst rating on Brp Group is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Brp Group stock forecast page.
Metrics for Advanced BRP Traders
BRP Performance Numbers
Last year, BRP revenue was $1.22B. In the past 5 year, BRP's revenue has grown by 72.46% per year. This was faster than the Insurance Brokers industry average of 8.56%.
Find out more about BRP's earnings and revenue performance here.
Are BRP executives and large shareholders buying or selling the stock?
Over the past 12 months, executives and large shareholders at BRP have sold more shares than they have bought.
Trevor Baldwin, Chief Executive Officer of BRP, was the latest BRP insider to sell. They sold $702,501.30 worth of BRP stock on Apr 1, 2024.
Learn more about who owns BRP stock here.
Can I rely on BRP as an income stream?
No, Brp Group doesn't provide an income stream by paying out dividends.
BRP Social Trading Data
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Step 5: Make your BRP purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, use a limit order.
Hit the Open button and your broker will execute the order.
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Step 6: Keep tabs on your investment in BRP
Now that you own some BRP shares, you'll want to stay up-to-date on your new company.
Create a watchlist to keep track of your BRP stock.
BRP Feed
How to Buy Stock in Brp Group
To summarize, here are the 6 steps to buy Brp Group stock:
- Decide where to buy Brp Group stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Brp Group stock
- Make your BRP purchase
- Keep tabs on your investment in BRP
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Brp Group, hit the button below to create your watchlist.
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