Ryan Specialty (RYAN) Stock Outlook 2026: Wholesale E&S Broking, the Hard Market, and the M&A Roll-Up Question
A 2026 stock outlook for Ryan Specialty (NYSE: RYAN). How a wholesale excess & surplus (E&S) and specialty insurance broker actually makes money, why the hard market powered its growth, the M&A roll-up model, organic growth and EBITDAC margin, plus rate-softening, integration, leverage and key-person risks.