Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Baldwin Insurance Group Inc before investing.

In this article, we go over a few key elements for understanding Baldwin Insurance Group Inc’s stock price such as:

• Baldwin Insurance Group Inc’s current stock price and volume
• Why Baldwin Insurance Group Inc’s stock price changed recently
• Upgrades and downgrades for BRP from analysts
• BRP’s stock price momentum as measured by its relative strength

About Baldwin Insurance Group Inc (BRP)

Before we jump into Baldwin Insurance Group Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

The Baldwin Insurance Group Inc., formerly BRP Group, Inc., is an independent insurance distribution company. It is divided in three operating groups: Insurance Advisory Solutions (IAS), Underwriting, Capacity & Technology Solutions (UCTS), and Mainstreet Insurance Solutions (MIS). IAS provides commercial risk management, employee benefits solutions and private risk management for businesses and high-net-worth individuals, as well as their families. UCTS consists of three businesses: specialty wholesale broker businesses and niche industry businesses; MGA of the Future platform, and reinsurance brokerage business, Juniper Re. MIS offers personal insurance, commercial insurance, and life and health solutions to individuals and businesses in their communities, with a focus on accessing clients via sheltered distribution channels, which include new home builders, mortgage originators/lenders, master planned communities and other community centers of influence.

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Baldwin Insurance Group Inc’s Stock Price as of Market Close

As of May 16, 2024, 3:59 PM, CST, Baldwin Insurance Group Inc’s stock price was $32.51.

Baldwin Insurance Group Inc is up 8.91% from its previous closing price of $29.85.

During the last market session, Baldwin Insurance Group Inc’s stock traded between $29.40 and $31.00. Currently, there are 61.86 million shares of Baldwin Insurance Group Inc stock available for purchase.

Unfortunately, Baldwin Insurance Group Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Baldwin Insurance Group Inc Stock Price History

Baldwin Insurance Group Inc’s (BRP) price is currently up 22.03% so far this month.

During the month of May, Baldwin Insurance Group Inc’s stock price has reached a high of $32.69 and a low of $26.62.

Over the last year, Baldwin Insurance Group Inc has hit prices as high as $32.00 and as low as $17.33. Year to date, Baldwin Insurance Group Inc’s stock is up 29.32%.

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What Caused Baldwin Insurance Group Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 15, 2024, there were 5 analysts who downgraded Baldwin Insurance Group Inc’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Baldwin Insurance Group Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Baldwin Insurance Group Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Baldwin Insurance Group Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Baldwin Insurance Group Inc (BRP) by visiting AAII Stock Evaluator.

Relative Price Strength of Baldwin Insurance Group Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 15, 2024, Baldwin Insurance Group Inc has a weighted four-quarter relative price strength of 4.19%, which translates to a Momentum Score of 77 and is considered to be Strong.

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Baldwin Insurance Group Inc Stock Price: Bottom Line

As of May 16, 2024, Baldwin Insurance Group Inc’s stock price is $32.51, which is up 8.91% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Baldwin Insurance Group Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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