Brokerages expect Ryan Specialty Group Holdings Inc (NYSE:RYAN) to announce earnings of $0.28 per share for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Ryan Specialty Group’s earnings. The firm is expected to announce its next quarterly earnings report on Thursday, February 10th.
According to Zacks, analysts expect that Ryan Specialty Group will report full-year earnings of $1.07 per share for the current fiscal year. For the next fiscal year, analysts forecast that the company will report earnings of $1.21 per share, with EPS estimates ranging from $1.19 to $1.22. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow Ryan Specialty Group.
Ryan Specialty Group (NYSE:RYAN) last posted its quarterly earnings results on Thursday, November 11th. The company reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.06.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp purchased a new position in shares of Ryan Specialty Group in the third quarter worth about $789,000. ArrowMark Colorado Holdings LLC purchased a new position in Ryan Specialty Group during the 3rd quarter valued at about $7,677,000. Schonfeld Strategic Advisors LLC purchased a new position in Ryan Specialty Group during the 3rd quarter valued at about $32,154,000. Captrust Financial Advisors purchased a new position in Ryan Specialty Group during the 3rd quarter valued at about $113,000. Finally, Atria Investments LLC purchased a new position in Ryan Specialty Group during the 3rd quarter valued at about $3,769,000. Hedge funds and other institutional investors own 24.97% of the company’s stock.
Shares of Ryan Specialty Group stock traded up $0.12 during trading hours on Tuesday, reaching $40.09. The company had a trading volume of 219,721 shares, compared to its average volume of 598,190. Ryan Specialty Group has a one year low of $25.57 and a one year high of $41.14. The business has a fifty day moving average price of $35.90.
About Ryan Specialty Group
Ryan Specialty Group Holdings Inc is a service provider of specialty products and solutions for insurance brokers, agents and carriers. The company offer distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter.
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