Cantor Fitzgerald Forecasts Ryan Specialty FY2025 Earnings

Key Points

• Cantor Fitzgerald analysts have estimated that Ryan Specialty Holdings Inc. will earn $2.07 per share in FY2025, lower than the current consensus estimate of $2.29 per share.
• The company recently announced a quarterly dividend of $0.12 per share with a yield of 0.8%, reflecting a payout ratio of 137.14%.
• Ryan Specialty's stock has been upgraded by various brokerages, with Goldman Sachs raising its target price from $74.00 to $81.00 while maintaining a "buy" rating.

Ryan Specialty Holdings Inc. (NYSE:RYAN - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Ryan Specialty in a research report issued on Wednesday, August 13th. Cantor Fitzgerald analyst R. Tunis forecasts that the company will post earnings per share of $2.07 for the year. Cantor Fitzgerald currently has a "Hold" rating on the stock. The consensus estimate for Ryan Specialty's current full-year earnings is $2.29 per share. Cantor Fitzgerald also issued estimates for Ryan Specialty's FY2026 earnings at $2.39 EPS.

A number of other research firms have also issued reports on RYAN. The Goldman Sachs Group raised Ryan Specialty from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $74.00 to $81.00 in a report on Tuesday, May 13th. Citigroup began coverage on shares of Ryan Specialty in a research report on Wednesday, August 13th. They set a "buy" rating and a $74.00 price objective for the company. UBS Group dropped their target price on shares of Ryan Specialty from $84.00 to $80.00 and set a "buy" rating on the stock in a report on Monday, August 4th. Barclays cut their target price on shares of Ryan Specialty from $83.00 to $79.00 and set an "overweight" rating for the company in a research note on Monday, July 7th. Finally, Wells Fargo & Company decreased their price target on shares of Ryan Specialty from $63.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Friday, August 1st. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Ryan Specialty has an average rating of "Moderate Buy" and an average price target of $74.83.

Ryan Specialty Price Performance

Shares of RYAN traded up $0.1470 during midday trading on Friday, reaching $59.1670. The stock had a trading volume of 1,330,504 shares, compared to its average volume of 1,558,130. The company has a debt-to-equity ratio of 2.88, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $15.60 billion, a P/E ratio of 169.05, a P/E/G ratio of 1.63 and a beta of 0.64. The firm's 50 day moving average price is $63.98 and its 200-day moving average price is $67.64. Ryan Specialty has a 52 week low of $55.77 and a 52 week high of $77.16.

Ryan Specialty (NYSE:RYAN - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.66 earnings per share for the quarter, hitting analysts' consensus estimates of $0.66. The firm had revenue of $855.17 million during the quarter, compared to the consensus estimate of $837.52 million. Ryan Specialty had a return on equity of 48.70% and a net margin of 6.81%.The firm's revenue for the quarter was up 23.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.58 earnings per share.

Ryan Specialty Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 26th. Shareholders of record on Tuesday, August 12th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, August 12th. Ryan Specialty's payout ratio is presently 137.14%.

Insider Activity at Ryan Specialty

In other news, Director David P. Bolger sold 5,000 shares of Ryan Specialty stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $70.80, for a total transaction of $354,000.00. Following the transaction, the director owned 71,467 shares in the company, valued at approximately $5,059,863.60. The trade was a 6.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Mark Stephen Katz sold 14,377 shares of the company's stock in a transaction on Friday, June 13th. The shares were sold at an average price of $65.84, for a total value of $946,581.68. Following the transaction, the executive vice president directly owned 1,117 shares in the company, valued at $73,543.28. The trade was a 92.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 52.21% of the company's stock.

Institutional Trading of Ryan Specialty

Several hedge funds and other institutional investors have recently modified their holdings of RYAN. Mariner LLC grew its stake in Ryan Specialty by 3.4% in the fourth quarter. Mariner LLC now owns 5,278 shares of the company's stock valued at $339,000 after purchasing an additional 172 shares in the last quarter. MAI Capital Management grew its stake in shares of Ryan Specialty by 65.3% in the 2nd quarter. MAI Capital Management now owns 476 shares of the company's stock valued at $32,000 after buying an additional 188 shares in the last quarter. Crossmark Global Holdings Inc. grew its stake in shares of Ryan Specialty by 2.9% in the 1st quarter. Crossmark Global Holdings Inc. now owns 7,351 shares of the company's stock valued at $543,000 after buying an additional 207 shares in the last quarter. ProShare Advisors LLC increased its holdings in Ryan Specialty by 5.2% in the second quarter. ProShare Advisors LLC now owns 4,772 shares of the company's stock worth $324,000 after buying an additional 238 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in Ryan Specialty by 281.6% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 332 shares of the company's stock worth $25,000 after buying an additional 245 shares during the last quarter. 84.82% of the stock is currently owned by hedge funds and other institutional investors.

About Ryan Specialty

Ryan Specialty Holdings, Inc operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, Europe, and Singapore. It offers distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a managing underwriter.