Ryan Specialty Holdings Inc. Declares Quarterly Dividend of $0.13 (NYSE:RYAN)

Key Points

• Ryan Specialty declared a quarterly dividend of $0.13 per share (annualized $0.52) payable May 26 to holders of record May 12, with a yield of 1.5% and a payout ratio around 20%, indicating the dividend is well covered by earnings.
• The company beat Q1 expectations with $0.47 EPS (vs. $0.43 est.) and revenue of $795.2M, up 15.2% year‑over‑year, signaling continued top‑line growth.
• Director Patrick G. Ryan Jr. bought 25,500 shares in February, raising his stake to 428,295 shares; corporate insiders now own about 52% of the company.

Ryan Specialty Holdings Inc. (NYSE:RYAN - Get Free Report) announced a quarterly dividend on Thursday, April 30th. Stockholders of record on Tuesday, May 12th will be given a dividend of 0.13 per share on Tuesday, May 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Tuesday, May 12th.

Ryan Specialty has a payout ratio of 20.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Ryan Specialty to earn $2.62 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 19.8%.

Ryan Specialty Trading Down 1.4%

NYSE RYAN opened at $34.75 on Friday. The stock has a market capitalization of $9.18 billion, a price-to-earnings ratio of 82.75, a PEG ratio of 0.95 and a beta of 0.71. Ryan Specialty has a one year low of $31.50 and a one year high of $72.50. The company has a debt-to-equity ratio of 2.62, a current ratio of 0.98 and a quick ratio of 0.98. The business's fifty day moving average is $36.08 and its 200-day moving average is $46.46.

Ryan Specialty (NYSE:RYAN - Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.04. The company had revenue of $795.23 million for the quarter, compared to analysts' expectations of $781.44 million. Ryan Specialty had a return on equity of 46.41% and a net margin of 7.02%.The business's revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 EPS. Equities research analysts predict that Ryan Specialty will post 2.24 EPS for the current year.

Insider Transactions at Ryan Specialty

In other news, Director Patrick G. Ryan, Jr. acquired 25,500 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were acquired at an average cost of $39.96 per share, for a total transaction of $1,018,980.00. Following the purchase, the director owned 428,295 shares of the company's stock, valued at approximately $17,114,668.20. The trade was a 6.33% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 52.03% of the company's stock.

Institutional Investors Weigh In On Ryan Specialty

Hedge funds and other institutional investors have recently modified their holdings of the stock. Los Angeles Capital Management LLC bought a new stake in shares of Ryan Specialty during the fourth quarter valued at about $25,000. Advisory Services Network LLC bought a new stake in shares of Ryan Specialty during the third quarter valued at about $28,000. SBI Securities Co. Ltd. increased its position in shares of Ryan Specialty by 6,322.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 578 shares of the company's stock valued at $30,000 after buying an additional 569 shares during the period. Fifth Third Bancorp increased its position in shares of Ryan Specialty by 65.4% during the third quarter. Fifth Third Bancorp now owns 612 shares of the company's stock valued at $34,000 after buying an additional 242 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of Ryan Specialty by 83.7% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 599 shares of the company's stock valued at $35,000 after buying an additional 273 shares during the period. 84.82% of the stock is currently owned by institutional investors.

About Ryan Specialty

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.

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