Ryder System, Inc. (NYSE:R) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Ryder System, Inc. (NYSE:R) have been assigned an average recommendation of “Moderate Buy” from the twelve brokerages that are covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $294.1429.

Several analysts recently weighed in on the company. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a report on Monday, August 24th. Stephens raised shares of Ryder System to a “strong-buy” rating in a research note on Wednesday, July 8th. Robert W. Baird boosted their price objective on shares of Ryder System from $253.00 to $290.00 and gave the company an “outperform” rating in a research report on Wednesday, June 17th. Citigroup increased their target price on shares of Ryder System from $280.00 to $283.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Finally, Morgan Stanley raised their target price on shares of Ryder System from $263.00 to $280.00 and gave the stock an “overweight” rating in a report on Monday, July 6th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Keating Financial Advisory Services Inc. purchased a new stake in shares of Ryder System in the second quarter worth approximately $26,000. Cedar Mountain Advisors LLC boosted its holdings in Ryder System by 522.7% during the 1st quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 115 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Ryder System in the 2nd quarter valued at $30,000. Los Angeles Capital Management LLC bought a new position in Ryder System in the 4th quarter valued at $31,000. Finally, Geneos Wealth Management Inc. increased its stake in Ryder System by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after purchasing an additional 109 shares during the period. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Stock Down 0.3%

Shares of NYSE:R opened at $243.69 on Wednesday. The company has a market cap of $9.34 billion, a price-to-earnings ratio of 19.83 and a beta of 1.02. Ryder System has a 12 month low of $157.67 and a 12 month high of $284.25. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.91. The company has a 50-day moving average price of $261.40 and a 200 day moving average price of $240.56.

Ryder System (NYSE:R) last issued its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 earnings per share for the quarter, topping the consensus estimate of $3.69 by $0.04. The company had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $3.29 billion. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm posted $3.32 earnings per share. 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. As a group, equities research analysts predict that Ryder System will post 14.74 earnings per share for the current year.

Ryder System Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Monday, August 24th will be given a $1.01 dividend. This is an increase from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Monday, August 24th. This represents a $4.04 dividend on an annualized basis and a yield of 1.7%. Ryder System’s dividend payout ratio is currently 32.87%.

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.