Ryder System, Inc. (NYSE:R) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Ryder System, Inc. (NYSE:R) has received an average rating of “Moderate Buy” from the twelve analysts that are covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $294.14.

A number of analysts have issued reports on the company. JPMorgan Chase & Co. lifted 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. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research report on Monday, August 24th. Morgan Stanley boosted their target price on Ryder System from $263.00 to $280.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Susquehanna upped their price target on Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a report on Friday, July 24th. Finally, Wells Fargo & Company increased their price target on shares of Ryder System from $290.00 to $300.00 and gave the company an “overweight” rating in a research note on Friday, July 24th.

Ryder System Price Performance

R stock opened at $235.26 on Friday. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.65 and a quick ratio of 0.65. The firm has a market capitalization of $9.02 billion, a P/E ratio of 19.14 and a beta of 1.01. The business’s 50-day moving average is $252.63 and its two-hundred day moving average is $243.49. Ryder System has a 1 year low of $157.67 and a 1 year high of $284.25.

Ryder System (NYSE:R) last announced its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.69 by $0.04. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The business had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $3.29 billion. During the same quarter last year, the business posted $3.32 EPS. The business’s quarterly 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. Analysts anticipate that Ryder System will post 14.74 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Monday, August 24th were issued a $1.01 dividend. This represents a $4.04 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Monday, August 24th. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. Ryder System’s dividend payout ratio (DPR) is currently 32.87%.

Institutional Investors Weigh In On Ryder System

Hedge funds and other institutional investors have recently bought and sold shares of the stock. QRG Capital Management Inc. boosted its stake in Ryder System by 14.1% in the second quarter. QRG Capital Management Inc. now owns 4,660 shares of the transportation company’s stock valued at $1,229,000 after acquiring an additional 575 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of Ryder System by 11.6% during the second quarter. Sequoia Financial Advisors LLC now owns 2,597 shares of the transportation company’s stock worth $685,000 after purchasing an additional 270 shares during the last quarter. WINTON GROUP Ltd acquired a new stake in shares of Ryder System during the second quarter worth about $4,889,000. Engineers Gate Manager LP increased its position in shares of Ryder System by 11.2% during the second quarter. Engineers Gate Manager LP now owns 23,413 shares of the transportation company’s stock worth $6,176,000 after purchasing an additional 2,351 shares in the last quarter. Finally, Cidel Asset Management Inc. purchased a new stake in shares of Ryder System in the 2nd quarter valued at about $241,000. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Company Profile

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain and dedicated transportation services. The company serves commercial customers across industries, helping them manage the movement, storage and delivery of goods through integrated transportation and logistics solutions.

Ryder’s fleet management offerings include commercial truck leasing, rental, maintenance and related support services. It also sells used vehicles and provides technology designed to help customers monitor fleets, improve utilization and manage transportation operations.