Streetbeat News

RYAN

Ryan Specialty Holdings, Inc.

https://ryansg.com

Industry

Insurance - Specialty

Ryan Specialty Group Holdings, Inc. operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers. It offers distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a managing underwriter. The company was founded in 2010 and is headquartered in Chicago, Illinois.

Open

71.56

Mkt cap

8.9B

Volume

1.1M

High

72.25

P/E Ratio

100.06

52-wk high

75.97

Low

71.03

Div yield

0.01

52-wk low

48.48

Wells Fargo analyst Elyse Greenspan maintains an Equal-Weight rating on Ryan Specialty Holdings (NYSE:RYAN) and raises the price target from $63 to $70.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 2:59 pm

Goldman Sachs analyst Robert Cox maintains a Neutral rating on Ryan Specialty Holdings (NYSE:RYAN) but raises the price target from $64 to $72.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 2:54 pm

BMO Capital has upgraded Ryan Specialty Holdings (NYSE:RYAN) from Market Perform to Outperform, raising the price target from $65 to $75.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 2:47 pm

Ryan Specialty has repriced and increased the size of its term loan, bringing the total to $1.7 billion. This financial maneuver is likely aimed at optimizing their capital structure.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:13 pm

Ryan Specialty plans to offer up to $500 million in senior secured notes due 2032 in a private offering. This move is likely aimed at raising capital for business operations or expansion.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 11:28 am

Barclays has initiated coverage on Ryan Specialty Holdings with an Overweight rating and set a price target of $76.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:49 pm

Ryan Specialty has signed an agreement to acquire Ethos Specialty Insurance's P&C MGUs from Ascot Group. The acquisition will enhance Ryan Specialty's underwriting capabilities, but the terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:19 pm

Ryan Specialty has agreed to acquire certain assets of Geo Underwriting Europe BV, a European managing general agent. This acquisition will enhance Ryan Specialty's Financial Lines unit and support its European expansion. The deal is expected to close in the third quarter.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 11:11 am

Ryan Specialty has signed a definitive agreement to acquire Greenhill Underwriting Insurance Services. The terms of the transaction were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 1:45 pm

UBS analyst Brian Meredith maintains a Buy rating on Ryan Specialty Holdings (NYSE:RYAN) and raises the price target from $67 to $76.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:26 pm

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