UBS initiated coverage of BRP Group with a rating of Buy and set a new price target of $30.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/8/2024 | $27.00 → $33.00 | Neutral → Overweight | JP Morgan |
| 12/12/2023 | $30.00 | Outperform → Strong Buy | Raymond James |
| 11/8/2023 | $28.00 → $24.00 | Overweight → Equal Weight | Wells Fargo |
| 3/3/2023 | Outperform → Mkt Perform | William Blair | |
| 10/3/2022 | $31.00 → $30.00 | Overweight → Neutral | JP Morgan |
| 4/18/2022 | $30.00 | Buy | UBS |
| 3/14/2022 | $31.00 | Neutral → Buy | BofA Securities |
| 3/9/2022 | $40.00 → $26.00 | Equal-Weight | Morgan Stanley |
The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) ("Baldwin" or the "Company") (NASDAQ:BRP), highlighted today that its Class A common stock will begin trading on NASDAQ under the new ticker symbol "BWIN" as of market open on May 20, 2024. This will replace the Company's current ticker symbol "BRP". The new ticker symbol "BWIN" aligns with the Company's rebranding to The Baldwin Group and related name change, previously announced on May 1, 2024. No action by the Company's shareholders is required with respect to the ticker symbol change. Baldwin's CUSIP number will remain unchanged. ABOUT THE BALDWIN GROUP The Baldwin Gro
The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) ("Baldwin," "we" or "our") (NASDAQ:BRP), today announced that its subsidiary, The Baldwin Insurance Group Holdings, LLC ("Baldwin Holdings"), successfully priced a new $840 million senior secured first lien term loan facility maturing on or about May 24, 2031 (the "new term loan facility") and a new $600 million senior secured first lien revolving facility maturing on or about May 24, 2029 (the "new revolving facility" and, together with the new term loan facility, the "new credit facilities"). The new term loan facility will bear interest at term SOFR, plus an applicable margin
The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) ("Baldwin") (NASDAQ:BRP), announced today the pricing of the previously announced offering by its direct subsidiary The Baldwin Insurance Group Holdings, LLC ("Baldwin Holdings") and a wholly-owned corporate subsidiary of Baldwin Holdings of $600 million (representing an upsize from the previously announced $500 million) aggregate principal amount of senior secured notes due 2031 (the "notes"). The notes will be issued at par and will bear interest at a rate of 7.125% per annum payable semiannually in cash in arrears on May 15 and November 15 of each year, beginning November 15,
JP Morgan upgraded BRP Group from Neutral to Overweight and set a new price target of $33.00 from $27.00 previously
Raymond James upgraded BRP Group from Outperform to Strong Buy and set a new price target of $30.00
Wells Fargo downgraded BRP Group from Overweight to Equal Weight and set a new price target of $24.00 from $28.00 previously
- Total Revenue Growth of 15% to $380.4 Million; Organic Revenue Growth(1) of 16% - - Net Income of $39.1 Million and Diluted Earnings Per Share of $0.33; Adjusted Diluted EPS(2) Growth of 33% to $0.56 - - Adjusted EBITDA(3) Growth of 29% Year Over Year to $101.7 Million and Adjusted EBITDA Margin(3) of 27%, a 280 Basis Point Expansion Compared to the Prior-Year Period - The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) ("Baldwin" or the "Company") (NASDAQ:BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial Clients, today announced its results f
BRP Group, Inc. ("BRP Group" or the "Company") (NASDAQ:BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial Clients, announced today that it will report its first quarter 2024 financial results after the market closes on Tuesday, May 7, 2024. The Company will hold a conference call to discuss results at 5:00 PM ET on that day. The dial-in number for the conference call is (877) 451-6152 (toll-free) or (201) 389-0879 (international). Please dial the number 10 minutes prior to the scheduled start time. A live webcast of the conference call will also be available on BRP's investor relations website at ir.baldwinri
- Fourth Quarter 2023 Total Revenues Grew 16% Year-Over-Year to $284.6 Million - - Full Year 2023 Total Revenues Grew 24% Year-Over-Year to $1.2 Billion - - Fourth Quarter 2023 Organic Revenue Growth(1) of 15% - - Full Year 2023 Organic Revenue Growth of 19% - BRP Group, Inc. ("BRP Group" or the "Company") (NASDAQ:BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial Clients, today announced its results for the fourth quarter and full year ended December 31, 2023. FOURTH QUARTER 2023 HIGHLIGHTS Total revenues increased 16% year-over-year to $284.6 million Organic Revenue Growth of 15% year-over-yea
The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) ("Baldwin" or the "Company") (NASDAQ:BRP), highlighted today that its Class A common stock will begin trading on NASDAQ under the new ticker symbol "BWIN" as of market open on May 20, 2024. This will replace the Company's current ticker symbol "BRP".The new ticker symbol "BWIN" aligns with the Company's rebranding to The Baldwin Group and related name change, previously announced on May 1, 2024.
UBS analyst Weston Bloomer maintains The Baldwin Insurance (NASDAQ:BRP) with a Buy and raises the price target from $35 to $37.
8-K - Baldwin Insurance Group, Inc. (0001781755) (Filer)
8-K - Baldwin Insurance Group, Inc. (0001781755) (Filer)
10-Q - Baldwin Insurance Group, Inc. (0001781755) (Filer)
4 - BRP Group, Inc. (0001781755) (Issuer)
4 - BRP Group, Inc. (0001781755) (Issuer)
SC 13G/A - BRP Group, Inc. (0001781755) (Subject)
SC 13G/A - BRP Group, Inc. (0001781755) (Subject)
SC 13G - BRP Group, Inc. (0001781755) (Subject)
4 - Baldwin Insurance Group, Inc. (0001781755) (Issuer)
4 - Baldwin Insurance Group, Inc. (0001781755) (Issuer)
4 - Baldwin Insurance Group, Inc. (0001781755) (Issuer)
Connected Risk Solutions to join Amwins' Brokerage Division CHARLOTTE, N.C., Feb. 29, 2024 /PRNewswire/ -- Amwins, a global distributor of specialty insurance products and services, announced it signed a definitive agreement to acquire Connected Risk Solutions, LLC, the wholesale E&S insurance brokerage operated by publicly traded insurance distribution firm BRP Group, Inc. ("BRP") (NASDAQ:BRP). "We are pleased that the Connected Risk Solutions team is joining the Amwins' Brokerage team so that we can collectively leverage our expertise, particularly in the specialty areas of
MIAMI, Jan. 23, 2024 /PRNewswire/ -- Advent Allen International, a leading developer in entertainment, retail, and hospitality venues, is thrilled to announce the appointment of Joseph Kadow as a Senior Partner and Chief Legal and Business Affairs Officer. Kadow brings a wealth of experience and a proven track record to Advent Allen International, making him an invaluable addition to the team and a growing international slate of businesses. As Chief Legal and Business Affairs Officer, Kadow will be responsible for all aspects of the Company's legal and transaction matters and an active partner in the Company's tactical planning and execution. With a reputation for strategic leadership and
SYDNEY, Australia, July 18, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ:IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced the appointment of Sunita Parasuraman to its Board of Directors. Ms. Parasuraman will also serve as Chair of the Audit and Risk Committee. During her career as a senior technology executive, Ms. Parasuraman has built and scaled world-class teams at Meta (Facebook), VMware, Genentech, and Apple. Ms. Parasuraman most recently served as the Head of Investments, New Product Experimentation at Meta (Facebook) and, prior to that,