Founded by Patrick G. Ryan in 2010, Ryan Specialty Group is a rapidly growing service provider of specialty products and solutions for insurance brokers, agents and carriers. Ryan Specialty Group provides distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter. Its mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers.

Company profile
Ticker
RYAN
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MAVERICK SPECIALTY, INC., RYAN SPECIALTY GROUP HOLDINGS, INC.
SEC CIK
Corporate docs
Subsidiaries
New RSG, LLC • Ryan Specialty Group, LLC • Ryan Specialty Group • Ryan Services Group, LLC • RSG Underwriting Managers, LLC • WKFC Underwriting Managers, a series of RSG Underwriting Managers, LLC • EmergIn Risk, a series of RSG Underwriting Managers, LLC • Technical Risk Underwriters, a series of RSG Underwriting Managers, LLC • Life Science Risk, a series of RSG Underwriting Managers, LLC • Sapphire Blue, a series of RSG Underwriting Managers, LLC ...
RYAN stock data
Analyst ratings and price targets
Current price
Average target
$46.50
Low target
$42.00
High target
$51.00
BMO Capital
Initiated
$51.00
Wells Fargo
Maintains
$47.00
Citigroup
Initiated
$42.00
RBC Capital
Maintains
$46.00
Latest filings (excl ownership)
10-Q
2022 Q3
Quarterly report
10 Nov 22
8-K
Ryan Specialty Reports Third Quarter 2022 Results
10 Nov 22
10-Q
2022 Q2
Quarterly report
12 Aug 22
8-K
Ryan Specialty Reports Second Quarter 2022 Results
11 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
13 Jun 22
8-K
Amendments to Articles of Incorporation or Bylaws
8 Jun 22
10-Q
2022 Q1
Quarterly report
13 May 22
8-K
Ryan Specialty Reports First Quarter 2022 Results
12 May 22
DEFA14A
Additional proxy soliciting materials
22 Apr 22
DEF 14A
Definitive proxy
22 Apr 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | |
---|---|---|
Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 833.14 mm | 833.14 mm | 833.14 mm | 833.14 mm | 833.14 mm | 833.14 mm |
Cash burn (monthly) | 11.18 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 45.75 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 787.38 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 70.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
71.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 197 |
Opened positions | 50 |
Closed positions | 18 |
Increased positions | 63 |
Reduced positions | 56 |
13F shares | Current |
---|---|
Total value | 3.11 bn |
Total shares | 80.57 mm |
Total puts | 7.90 k |
Total calls | 26.10 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
ONEX Onex | 12.46 mm | $342.53 mm |
Kayne Anderson Rudnick Investment Management | 11.89 mm | $482.78 mm |
Vanguard | 7.56 mm | $307.06 mm |
Zimmer Partners | 5.00 mm | $203.10 mm |
JHG Janus Henderson | 3.90 mm | $158.25 mm |
BLK Blackrock | 3.30 mm | $134.11 mm |
Artisan Partners Limited Partnership | 2.89 mm | $117.26 mm |
Alliancebernstein | 2.41 mm | $97.83 mm |
Blair William & Co | 2.27 mm | $92.37 mm |
Capital International Investors | 1.91 mm | $77.71 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Nov 22 | Ryan Patrick G | Class A Common Stock | Buy | Acquire P | Yes | No | 39.1728 | 43,089 | 1.69 mm | 6,458,771 |
25 Nov 22 | Ryan Patrick G | Class A Common Stock | Buy | Acquire P | Yes | No | 39.1728 | 43,089 | 1.69 mm | 6,458,770 |
23 Nov 22 | Ryan Patrick G | Class A Common Stock | Buy | Acquire P | Yes | No | 39.0653 | 42,423 | 1.66 mm | 6,415,682 |
23 Nov 22 | Ryan Patrick G | Class A Common Stock | Buy | Acquire P | Yes | No | 38.6592 | 100,106 | 3.87 mm | 6,373,259 |
23 Nov 22 | Ryan Patrick G | Class A Common Stock | Buy | Acquire P | Yes | No | 39.0653 | 42,423 | 1.66 mm | 6,415,681 |
23 Nov 22 | Ryan Patrick G | Class A Common Stock | Buy | Acquire P | Yes | No | 38.6592 | 100,106 | 3.87 mm | 6,373,258 |
22 Nov 22 | Ryan Patrick G | Class A Common Stock | Buy | Acquire P | Yes | No | 39.2184 | 15,865 | 622.20 k | 6,273,153 |
22 Nov 22 | Ryan Patrick G | Class A Common Stock | Buy | Acquire P | Yes | No | 38.3933 | 46,573 | 1.79 mm | 6,257,288 |
22 Nov 22 | Ryan Patrick G | Class A Common Stock | Buy | Acquire P | Yes | No | 37.5016 | 81,375 | 3.05 mm | 6,210,715 |
22 Nov 22 | Ryan Patrick G | Class A Common Stock | Buy | Acquire P | Yes | No | 39.2184 | 15,865 | 622.20 k | 6,273,152 |
News
Benzinga's Top Ratings Upgrades, Downgrades For January 20, 2023
20 Jan 23
Where Ryan Specialty Holdings Stands With Analysts
20 Jan 23
BMO Capital Initiates Coverage On Ryan Specialty Holdings with Outperform Rating, Announces Price Target of $51
20 Jan 23
Wells Fargo Maintains Overweight on Ryan Specialty Holdings, Raises Price Target to $47
18 Jan 23
Ryan Specialty Group's Return On Capital Employed Insights
21 Dec 22
Press releases
Ryan Specialty to Announce Fourth Quarter 2022 Financial Results on Tuesday, February 28, 2023
12 Jan 23
Ryan Specialty Completes Acquisition of Griffin Underwriting Services
3 Jan 23
Ryan Specialty Signs Definitive Agreement to Acquire Griffin Underwriting Services
11 Dec 22
Ryan Specialty to Participate in the Goldman Sachs Financial Services Conference
29 Nov 22
Ryan Specialty Reports Third Quarter 2022 Results
10 Nov 22