ryan specialty group (rsg) is a global organization consisting of wholesale brokerage, underwriting managers, and other specialty insurance services to agents, brokers and insurance carriers. rsg was founded by mr. patrick g. ryan, the retired chairman and ceo of aon corporation. a highly regarded insurance veteran, mr. ryan saw the need for a specialty organization devoted exclusively to creating sophisticated insurance and risk management solutions for a select group of hard-to-place risks. with its mission of delivering measurable value, rsg is committed to providing specialty insurance services, proven leadership, outstanding industry experience and quality services in all of our exchanges with retail agents and brokers, and insurance carriers worldwide. for more information about rsg, visit our website at www.ryansg.com or call 855-201-2000.
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 Ryan Specialty, LLC • Ryan Specialty, LLC • Ryan Services Group, LLC • RSG Underwriting Managers, LLC • CorRisk Solutions, a series of RSG Underwriting Managers, LLC • Emerald Underwriting Managers, a series of RSG Underwriting Managers, LLC • EmergIn Risk, a series of RSG Underwriting Managers, LLC • Life Science Risk, a series of RSG Underwriting Managers, LLC • Power Energy • Ryan Specialty Transactional Risks US, a series of RSG Underwriting Managers, LLC ...
RYAN stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
18 Mar 24
DEFA14A
Additional proxy soliciting materials
18 Mar 24
DEF 14A
Definitive proxy
18 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Ryan Specialty Reports Fourth Quarter 2023 Results; Initiates Quarterly Dividend
27 Feb 24
8-K
Entry into a Material Definitive Agreement
19 Jan 24
8-K
Ryan Specialty Appoints to Its Board of Directors
2 Jan 24
D
Indefinite amount in equity
21 Dec 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Ryan Specialty Reports Third Quarter 2023 Results
2 Nov 23
Transcripts
RYAN
Earnings call transcript
2023 Q4
27 Feb 24
RYAN
Earnings call transcript
2023 Q3
2 Nov 23
RYAN
Earnings call transcript
2023 Q2
3 Aug 23
RYAN
Earnings call transcript
2023 Q1
4 May 23
RYAN
Earnings call transcript
2023 Q1
4 May 23
RYAN
Earnings call transcript
2022 Q4
28 Feb 23
RYAN
Earnings call transcript
2022 Q3
10 Nov 22
RYAN
Earnings call transcript
2022 Q2
12 Aug 22
RYAN
Earnings call transcript
2022 Q1
14 May 22
RYAN
Earnings call transcript
2021 Q4
16 Mar 22
Latest ownership filings
144
Notice of proposed sale of securities
20 Mar 24
4
Michael Conklin
19 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
144
Notice of proposed sale of securities
18 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
SC 13D/A
ONEX CORP
14 Mar 24
144
Notice of proposed sale of securities
13 Mar 24
144
Notice of proposed sale of securities
12 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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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 22 | 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) | 754.37 mm | 754.37 mm | 754.37 mm | 754.37 mm | 754.37 mm | 754.37 mm |
Cash burn (monthly) | 70.54 mm | 6.56 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 420.33 mm | 39.11 mm | n/a | n/a | n/a | n/a |
Cash remaining | 334.04 mm | 715.26 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 4.7 | 109.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
4.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 28 |
Opened positions | 2 |
Closed positions | 213 |
Increased positions | 10 |
Reduced positions | 8 |
13F shares | Current |
---|---|
Total value | 33.11 bn |
Total shares | 5.06 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
ONEX Onex | 4.15 mm | $183.28 mm |
Dudley & Shanley | 468.15 k | $20.14 bn |
Northwestern University | 119.05 k | $5.12 mm |
Renaissance Capital | 60.56 k | $2.61 bn |
Anderson Hoagland & Co | 49.60 k | $2.15 bn |
Portside Wealth | 41.57 k | $1.79 bn |
Arizona State Retirement System | 27.67 k | $1.19 bn |
Baker Tilly Financial | 27.19 k | $1.17 bn |
Diversified Trust | 18.85 k | $810.97 mm |
WoodTrust Financial | 16.05 k | $691.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Michael Conklin | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 38,182 | 0.00 | 38,182 |
5 Dec 23 | Ryan Patrick G | Class A Common Stock | Gift | Dispose G | Yes | No | 0 | 2,220 | 0.00 | 13,118,407 |
13 Nov 23 | David P Bolger | Class A Common Stock | Sell | Dispose S | Yes | No | 44.58 | 10,580 | 471.66 k | 85,204 |
News
Citigroup Maintains Neutral on Ryan Specialty Hldgs, Raises Price Target to $52
28 Feb 24
Insurance Stocks Moving In Wednesday's Intraday Session
28 Feb 24
Keefe, Bruyette & Woods Maintains Outperform on Ryan Specialty Hldgs, Raises Price Target to $56
28 Feb 24
JP Morgan Maintains Underweight on Ryan Specialty Hldgs, Raises Price Target to $47
28 Feb 24
Ryan Specialty Hldgs: Q4 Earnings Insights
27 Feb 24
Press releases
Ryan Specialty Reports Fourth Quarter 2023 Results; Initiates Quarterly Dividend
27 Feb 24
Aclaimant Embarks on Ambitious Journey to Risk Management Information System (RMIS) Leadership with New CEO Kathy Burns at the Forefront
15 Feb 24
Ryan Specialty Successfully Reprices Term Loan, Lowers Cost of Capital
19 Jan 24
Ryan Specialty to Announce Fourth Quarter 2023 Financial Results on Tuesday, February 27, 2024
4 Jan 24
Ryan Specialty Appoints to Its Board of Directors Pat Ryan, Jr., CEO of Incisent Labs Group, and Announces William Devers' Retirement
2 Jan 24