Ryan Specialty (NYSE:RYAN) Issues Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Ryan Specialty (NYSE:RYAN) posted its earnings results on Thursday. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.04, FiscalAI reports. The firm had revenue of $795.23 million during the quarter, compared to analysts’ expectations of $789.72 million. Ryan Specialty had a net margin of 7.02% and a return on equity of 46.41%. The company’s revenue was up 15.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.39 earnings per share.

Here are the key takeaways from Ryan Specialty’s conference call:

• Q1 results were strong — total revenue rose 15% to $795 million, adjusted EBITDA grew 15.7% to $232 million (margin 29.2%), adjusted EPS increased 20% to $0.47, and the company repurchased $40 million of stock.
• Management cut its 2026 outlook to mid-single-digit organic growth (?4–6%)100–150 basis points driven by significant property rate declines and intensified competition.
• The firm is accelerating its AI and digital transformation, reporting material efficiency gains — e.g., submission turnaround in some workflows fell from ~24 hours to under 2 hours, facultative reinsurance reviews from ~2 hours to minutes, and faster quote speeds across programs.
• Diversification via delegated authority and reinsurance is a growth driver — Ryan Re is approaching ~$2 billion in premium (including the Markel contribution), new alternative capital vehicles like RAC Re were launched, and underwriting management represents an expanding share of revenue.

Ryan Specialty Price Performance

Ryan Specialty stock traded down $0.51 during mid-day trading on Thursday, hitting $34.75. 3,664,613 shares of the company were exchanged, compared to its average volume of 1,838,004. The company has a market capitalization of $9.18 billion, a PE ratio of 82.75, a price-to-earnings-growth ratio of 0.95 and a beta of 0.71. The business has a fifty day moving average of $36.08 and a 200 day moving average of $46.46. Ryan Specialty has a 1-year low of $31.50 and a 1-year high of $72.50. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.62.

Ryan Specialty Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were paid a dividend of $0.13 per share. This is an increase from Ryan Specialty’s previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, February 24th. Ryan Specialty’s dividend payout ratio is currently 123.81%.

Insider Activity

In other news, Director Patrick G. Ryan, Jr. purchased 25,500 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was purchased at an average cost of $39.96 per share, with a total value of $1,018,980.00. Following the acquisition, the director directly owned 428,295 shares of the company’s stock, valued at approximately $17,114,668.20. This trade represents a 6.33% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 52.03% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Los Angeles Capital Management LLC acquired a new position in shares of Ryan Specialty in the 4th quarter worth approximately $25,000. Advisory Services Network LLC acquired a new stake in Ryan Specialty during the 3rd quarter valued at $28,000. Quarry LP acquired a new stake in Ryan Specialty during the 3rd quarter valued at $37,000. Caitong International Asset Management Co. Ltd raised its position in Ryan Specialty by 173.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 709 shares of the company’s stock valued at $37,000 after purchasing an additional 450 shares during the last quarter. Finally, GW&K Investment Management LLC raised its position in Ryan Specialty by 77.0% in the 4th quarter. GW&K Investment Management LLC now owns 876 shares of the company’s stock valued at $45,000 after purchasing an additional 381 shares during the last quarter. Institutional investors own 84.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on RYAN shares. Wells Fargo & Company lowered their price objective on Ryan Specialty from $56.00 to $42.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Piper Sandler decreased their price target on shares of Ryan Specialty from $58.00 to $43.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. Weiss Ratings cut shares of Ryan Specialty from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, February 5th. BMO Capital Markets downgraded shares of Ryan Specialty from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $66.00 to $43.00 in a report on Wednesday, February 25th. Finally, UBS Group lowered their target price on shares of Ryan Specialty from $65.00 to $59.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $51.35.

Ryan Specialty Company Profile

Ryan Specialty Group, Inc (NYSE: RYAN) is a global specialty insurance and reinsurance platform that partners with a network of insurers and reinsurers to deliver tailored risk solutions. The company focuses on complex and large-scale risks across multiple industry sectors, leveraging its underwriting expertise to structure coverage programs that meet clients’ unique needs.

Ryan Specialty’s core offerings span a diverse range of specialty lines, including casualty, property, professional liability, marine and energy, program administration, and sports and entertainment.