Ryder System, Inc. (NYSE:R) Receives $294.14 Average PT from Brokerages

Shares of Ryder System, Inc. (NYSE:R) have been assigned a consensus rating of “Moderate Buy” from the twelve brokerages that are currently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $294.1429.

Several analysts have recently commented on the company. Susquehanna increased their price objective on Ryder System from $290.00 to $310.00 and gave the stock a “positive” rating in a research note on Friday, July 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research report on Monday. JPMorgan Chase & Co. upped their price target on Ryder System from $259.00 to $296.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Barclays increased their price target on Ryder System from $290.00 to $300.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Morgan Stanley raised their price objective on Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, July 6th.

Ryder System Stock Down 0.8%

Shares of NYSE R opened at $246.04 on Wednesday. The stock has a market capitalization of $9.44 billion, a P/E ratio of 20.02 and a beta of 1.02. The company has a 50-day moving average price of $262.20 and a 200-day moving average price of $239.98. Ryder System has a 1 year low of $157.67 and a 1 year high of $284.25. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.65 and a quick ratio of 0.65.

Ryder System (NYSE:R) last posted its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share for the quarter, topping analysts’ consensus estimates of $3.69 by $0.04. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $3.29 billion. During the same quarter in the prior year, the business posted $3.32 EPS. The firm’s revenue was up 5.0% compared to the same quarter last year. Ryder System has set its FY 2026 guidance at 14.400-14.800 EPS and its Q3 2026 guidance at 4.000-4.200 EPS. On average, equities research analysts forecast that Ryder System will post 14.74 EPS for the current fiscal year.

Ryder System Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be issued a $1.01 dividend. This is an increase from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Monday, August 24th. Ryder System’s dividend payout ratio is currently 32.87%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in R. Royal Bank of Canada increased its stake in Ryder System by 52.8% in the 1st quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock valued at $2,267,000 after buying an additional 5,448 shares during the last quarter. Focus Partners Wealth lifted its position in shares of Ryder System by 7.9% during the 1st quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock worth $266,000 after buying an additional 135 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Ryder System by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after buying an additional 109 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Ryder System by 10.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,191 shares of the transportation company’s stock worth $189,000 after buying an additional 110 shares during the last quarter. Finally, M&T Bank Corp grew its holdings in shares of Ryder System by 10.9% in the second quarter. M&T Bank Corp now owns 2,153 shares of the transportation company’s stock valued at $343,000 after acquiring an additional 212 shares in the last quarter. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Ryder System Company Profile

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.