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)
8-K
Submission of Matters to a Vote of Security Holders
7 May 24
10-Q
2024 Q1
Quarterly report
3 May 24
8-K
Ryan Specialty Reports First Quarter 2024 Results
2 May 24
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
Transcripts
RYAN
Earnings call transcript
2024 Q1
2 May 24
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
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
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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) | 665.42 mm | 665.42 mm | 665.42 mm | 665.42 mm | 665.42 mm | 665.42 mm |
Cash burn (monthly) | 57.79 mm | 3.28 mm | (no burn) | (no burn) | 38.85 mm | (no burn) |
Cash used (since last report) | 119.87 mm | 6.80 mm | n/a | n/a | 80.58 mm | n/a |
Cash remaining | 545.55 mm | 658.62 mm | n/a | n/a | 584.84 mm | n/a |
Runway (months of cash) | 9.4 | 201.0 | n/a | n/a | 15.1 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
30 Apr 24 | Henry S Bienen | Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,496 | 0.00 | 2,496 |
30 Apr 24 | David P Bolger | Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,496 | 0.00 | 12,500 |
30 Apr 24 | Collins Michelle L | Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,496 | 0.00 | 11,139 |
30 Apr 24 | Francesca Cornelli | Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,297 | 0.00 | 2,297 |
30 Apr 24 | Nicholas Dominic Cortezi | Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,697 | 0.00 | 2,697 |
News
B of A Securities Initiates Coverage On Ryan Specialty Hldgs with Buy Rating, Announces Price Target of $67
22 May 24
Wolfe Research Downgrades Ryan Specialty Hldgs to Peer Perform
6 May 24
Ryan Specialty Sees Organic Revenue Growth Rate Guidance For Full Year 2024 Is Between 12.5%–14%
2 May 24
Ryan Specialty Hldgs Q1 Adj $0.35, Inline, Sales $552.05M Beat $549.14M Estimate
2 May 24
JMP Securities Reiterates Market Perform on Ryan Specialty Hldgs
15 Apr 24
Press releases
Ryan Specialty to Participate in the William Blair Growth Stock Conference
30 May 24
Ryan Specialty Reports First Quarter 2024 Results
2 May 24
Ryan Specialty Completes Acquisition of Castel Underwriting Agencies
1 May 24
Ryan Specialty to Announce First Quarter 2024 Financial Results on Thursday, May 2, 2024
4 Apr 24