Ryder System, Inc. (NYSE:R – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the eleven research firms that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $240.8889.
Several equities analysts have weighed in on R shares. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Zacks Research raised Ryder System from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Citigroup raised their price target on Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Robert W. Baird raised their price target on Ryder System from $202.00 to $253.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Barclays raised their price target on Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a report on Friday, April 24th.
Check Out Our Latest Analysis on R
Ryder System Price Performance
Ryder System (NYSE:R – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.25. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The business had revenue of $2.57 billion during the quarter, compared to analyst estimates of $3.11 billion. During the same period in the prior year, the company earned $2.46 earnings per share. Ryder System’s revenue was down .2% compared to the same quarter last year. Ryder System has set its FY 2026 guidance at 14.050-14.80 EPS and its Q2 2026 guidance at 3.500-3.75 EPS. Analysts anticipate that Ryder System will post 14.82 earnings per share for the current year.
Ryder System Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, May 18th will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, May 18th. Ryder System’s dividend payout ratio (DPR) is presently 30.26%.
Insiders Place Their Bets
In related news, SVP Sanford J. Hodes sold 595 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total transaction of $149,910.25. Following the sale, the senior vice president owned 22,948 shares of the company’s stock, valued at approximately $5,781,748.60. This represents a 2.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Luis P. Nieto, Jr. sold 720 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $235.79, for a total transaction of $169,768.80. Following the sale, the director directly owned 29,974 shares in the company, valued at $7,067,569.46. This trade represents a 2.35% decrease in their position. The disclosure for this sale is available in the SEC filing. 4.90% of the stock is owned by company insiders.
Institutional Investors Weigh In On Ryder System
Large investors have recently added to or reduced their stakes in the business. Cedar Mountain Advisors LLC boosted its stake in Ryder System by 522.7% during the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock valued at $28,000 after buying an additional 115 shares during the period. Los Angeles Capital Management LLC bought a new stake in Ryder System during the fourth quarter valued at $31,000. Assetmark Inc. boosted its stake in Ryder System by 421.9% during the third quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock valued at $32,000 after buying an additional 135 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Ryder System during the fourth quarter valued at $34,000. Finally, Optima Capital LLC bought a new stake in Ryder System during the fourth quarter valued at $39,000. Institutional investors own 87.47% of the company’s stock.
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.
Read More
- Five stocks we like better than Ryder System
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
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.
