Ryan Specialty HoldingsRYAN
RYAN
About: Ryan Specialty Holdings Inc is a service provider of specialty products and solutions for insurance brokers, agents, and carriers. It provides distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a managing underwriter.
Employees: 4,917
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
372% more call options, than puts
Call options by funds: $11.9M | Put options by funds: $2.52M
204% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 24
15% more funds holding
Funds holding: 297 [Q2] → 342 (+45) [Q3]
11% more capital invested
Capital invested by funds: $5.79B [Q2] → $6.41B (+$618M) [Q3]
3.89% less ownership
Funds ownership: 83.96% [Q2] → 80.08% (-3.89%) [Q3]
11% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 120
17% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$64
4%
downside
Avg. target
$80
20%
upside
High target
$90
35%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Wells Fargo Elyse Greenspan 67% 1-year accuracy 70 / 105 met price target | 4%downside $64 | Equal-Weight Maintained | 14 Jan 2025 |
Keefe, Bruyette & Woods Meyer Shields 64% 1-year accuracy 68 / 106 met price target | 16%upside $77 | Outperform Maintained | 10 Jan 2025 |
Morgan Stanley Bob Huang 47% 1-year accuracy 7 / 15 met price target | 35%upside $90 | Overweight Initiated | 5 Dec 2024 |
Barclays Alex Scott 56% 1-year accuracy 38 / 68 met price target | 32%upside $88 | Overweight Maintained | 21 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
1 week ago
Ryan Specialty to Announce Fourth Quarter 2024 Financial Results on Thursday, February 20, 2025
CHICAGO--(BUSINESS WIRE)--Ryan Specialty Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance firm, today announced it will release its Fourth Quarter 2024 financial results after the market closes on Thursday, February 20, 2025. Ryan Specialty will hold a conference call to discuss the financial results at 5:00pm Eastern Time on February 20, 2025. A live webcast of the conference call will be available on Ryan Specialty's investor relations website at ir.
Neutral
Business Wire
1 week ago
Ryan Specialty Signs Definitive Agreement to Acquire Velocity Risk Underwriters
CHICAGO--(BUSINESS WIRE)--Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, is pleased to announce it has signed a definitive agreement to acquire Velocity Risk Underwriters, LLC (“Velocity”) from funds managed by Oaktree Capital Management, L.P. (“Oaktree”). Based in Nashville, Tennessee, Velocity is a leading managing general underwriter (“MGU”) providing first-party insurance coverage for catastrophe exposed properties and will become a part of the Ryan Specialty.
Neutral
Business Wire
1 month ago
Ryan Specialty, LLC Upsizes and Prices $600 Million of Senior Secured Notes
CHICAGO--(BUSINESS WIRE)--Ryan Specialty Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance services firm, today announced that Ryan Specialty, LLC (the “Company”), an indirect subsidiary of Ryan Specialty, priced an offering of $600 million aggregate principal amount of additional 5.875% senior secured notes due 2032 in a private offering (the “New 2032 Notes”), which represents an increase of $100 million from the previously announced aggregate offerin.
Neutral
Business Wire
1 month ago
Ryan Specialty, LLC Launches Private Offering of $500 Million of Senior Secured Notes
CHICAGO--(BUSINESS WIRE)--Ryan Specialty Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance services firm, today announced that Ryan Specialty, LLC (the “Company”), an indirect subsidiary of Ryan Specialty, intends to offer up to $500 million in aggregate principal amount of additional 5.875% senior secured notes due 2032 in a private offering (the “New 2032 Notes”). The New 2032 Notes will be issued as additional notes under the indenture governing the.
Neutral
Business Wire
2 months ago
Ryan Specialty Completes Acquisition of Innovisk Capital Partners
CHICAGO--(BUSINESS WIRE)--Ryan Specialty (NYSE: RYAN), a leading international specialty insurance services firm, has completed the acquisition of Innovisk Capital Partners (“Innovisk”) from Abry Partners (“Abry”) and BHMS Investments, LP (“BHMS”). Innovisk is a part of Ryan Specialty Underwriting Managers (“RSUM”), the underwriting management segment within Ryan Specialty. The acquisition was previously announced on October 30, 2024 and can be found here. About Ryan Specialty Founded in 2010,.
Neutral
PRNewsWire
2 months ago
Abry Partners and BHMS Announce Sale of Innovisk to Ryan Specialty
BOSTON and WESTPORT, Conn. , Nov. 4, 2024 /PRNewswire/ -- Abry Partners, a Boston-based private equity firm, and BHMS Investments, LP, a Connecticut-based private equity firm, have completed the sale of Innovisk to Ryan Specialty (NYSE: RYAN), a leading international specialty insurance services firm.
Neutral
Seeking Alpha
2 months ago
Ryan Specialty Holdings, Inc. (RYAN) Q3 2024 Earnings Call Transcript
Ryan Specialty Holdings, Inc. (NYSE:RYAN ) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Pat Ryan - Founder, Executive Chairman of Product Specialty Tim Turner - CEO Jeremiah Bickham - President Janice Hamilton - CFO Miles Wuller - CEO of Underwriting Conference Call Participants Elyse Greenspan - Wells Fargo Alex Scott - Barclays Grace Carter - Bank of America Meyer Shields - KBW Mike Zaremski - BMO Capital Markets Robert Cox - Goldman Sachs Operator Good afternoon, and thank you for joining us today for Ryan Specialty Holdings Third Quarter 2024 Earnings Conference Call. In addition to this call, the company filed a press release with the SEC earlier this afternoon, which has also been posted to its website at ryanspecialty.com.
Positive
Zacks Investment Research
2 months ago
Ryan Specialty Group (RYAN) Q3 Earnings Meet Estimates
Ryan Specialty Group (RYAN) came out with quarterly earnings of $0.41 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.32 per share a year ago.
Neutral
Business Wire
2 months ago
Ryan Specialty in Final Discussions to Acquire Innovisk Capital Partners
CHICAGO--(BUSINESS WIRE)--Ryan Specialty (NYSE: RYAN), a leading international specialty insurance services firm, is in final discussions to acquire Innovisk Capital Partners (“Innovisk”) from Abry Partners (“Abry”) and BHMS Investments, LP (“BHMS”). As a result of the acquisition, Innovisk would become a part of Ryan Specialty Underwriting Managers (“RSUM”), the underwriting management segment within Ryan Specialty. The acquisition is expected to close early next month. Innovisk was founded in.
Neutral
Business Wire
2 months ago
Ryan Specialty Reports Third Quarter 2024 Results
CHICAGO--(BUSINESS WIRE)--Ryan Specialty Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty” or the “Company”), a leading international specialty insurance firm, today announced results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenue grew 20.5% year-over-year to $604.7 million, compared to $501.9 million in the prior-year period Organic Revenue Growth Rate* was 11.8% for the quarter, compared to 15.0% in the prior-year period Net Income increased 82.4% year-over-.
Charts implemented using Lightweight Charts™