Ryder System, Inc. (NYSE:R – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the ten ratings firms that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $215.4444.
A number of analysts have issued reports on R shares. Citigroup lifted their price objective on Ryder System from $218.00 to $245.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Wells Fargo & Company raised their target price on shares of Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Morgan Stanley boosted their price target on shares of Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, December 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research note on Thursday, January 22nd. Finally, Susquehanna increased their price objective on shares of Ryder System from $235.00 to $250.00 and gave the company a “positive” rating in a research report on Friday, February 13th.
Insider Transactions at Ryder System
Hedge Funds Weigh In On Ryder System
Several large investors have recently modified their holdings of the stock. Royal Bank of Canada lifted its position in Ryder System by 52.8% in the first quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock worth $2,267,000 after buying an additional 5,448 shares during the last quarter. Focus Partners Wealth increased its position in Ryder System by 7.9% during the first quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock valued at $266,000 after acquiring an additional 135 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Ryder System by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 109 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Ryder System by 25.7% in the second quarter. JPMorgan Chase & Co. now owns 185,852 shares of the transportation company’s stock valued at $29,550,000 after acquiring an additional 37,960 shares during the period. Finally, MAI Capital Management lifted its holdings in shares of Ryder System by 57.6% in the 2nd quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock worth $30,000 after acquiring an additional 68 shares during the last quarter. Institutional investors own 87.47% of the company’s stock.
Ryder System Trading Down 1.1%
Shares of Ryder System stock opened at $197.76 on Friday. The firm has a market cap of $7.80 billion, a price-to-earnings ratio of 16.52 and a beta of 0.93. The business has a 50-day moving average price of $204.71 and a 200-day moving average price of $190.18. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.24. Ryder System has a twelve month low of $125.54 and a twelve month high of $230.38.
Ryder System (NYSE:R – Get Free Report) last posted its earnings results on Wednesday, February 11th. The transportation company reported $3.59 EPS for the quarter, missing analysts’ consensus estimates of $3.66 by ($0.07). Ryder System had a return on equity of 17.70% and a net margin of 3.95%.The firm had revenue of $2.60 billion during the quarter, compared to analysts’ expectations of $3.21 billion. During the same quarter in the prior year, the firm posted $3.45 earnings per share. Ryder System’s quarterly revenue was down .4% on a year-over-year basis. Ryder System has set its FY 2026 guidance at 13.450-14.450 EPS and its Q1 2026 guidance at 2.100-2.350 EPS. Equities research analysts anticipate that Ryder System will post 13.68 EPS for the current fiscal year.
Ryder System Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, February 17th were given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Tuesday, February 17th. Ryder System’s dividend payout ratio is currently 30.41%.
About Ryder System
Ryder System, Inc is a leading provider of transportation and supply chain management solutions, serving commercial customers across a range of industries. The company’s Fleet Management Solutions segment offers full-service leasing and rental of medium- and heavy-duty trucks, tractors and trailers, along with maintenance and repair services at its network of service locations. Its Supply Chain Solutions segment provides integrated, technology-driven offerings that span managed transportation, dedicated contract carriage, warehousing and distribution, and e-commerce fulfillment.
Founded in 1933 and headquartered in Miami, Florida, Ryder has grown from a regional truck leasing operation into a diversified, global logistics provider.
See Also
Receive News & Ratings for Ryder System Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryder System and related companies with MarketBeat.com's FREE daily email newsletter.
