Ryder System, Inc. (NYSE:R) Declares $0.91 Quarterly Dividend

Ryder System, Inc. (NYSE:R) declared a quarterly dividend on Friday, May 1st. Shareholders of record on Monday, May 18th will be paid a dividend of 0.91 per share by the transportation company on Friday, June 19th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, May 18th.

Ryder System has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 20 years. Ryder System has a dividend payout ratio of 24.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect Ryder System to earn $17.42 per share next year, which means the company should continue to be able to cover its $3.64 annual dividend with an expected future payout ratio of 20.9%.

Ryder System Stock Down 0.0%

Shares of Ryder System stock opened at $231.04 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.09. The company’s fifty day simple moving average is $216.75 and its two-hundred day simple moving average is $200.03. The company has a market cap of $8.94 billion, a P/E ratio of 19.21 and a beta of 1.04. Ryder System has a 12-month low of $143.34 and a 12-month high of $259.00.

Ryder System (NYSE:R) last issued its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. The business had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The company’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.46 EPS. 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. Research analysts anticipate that Ryder System will post 14.82 EPS for the current year.

Insider Activity at Ryder System

In other Ryder System news, CEO Robert E. Sanchez sold 41,779 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $223.30, for a total transaction of $9,329,250.70. Following the transaction, the chief executive officer owned 40,828 shares in the company, valued at approximately $9,116,892.40. This represents a 50.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Luis P. Nieto, Jr. sold 720 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $235.79, for a total transaction of $169,768.80. Following the transaction, the director owned 29,974 shares in the company, valued at $7,067,569.46. This represents a 2.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 77,925 shares of company stock worth $17,235,427 in the last ninety days. 4.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ryder System

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Allianz Asset Management GmbH lifted its stake in shares of Ryder System by 254.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 34,835 shares of the transportation company’s stock worth $6,571,000 after purchasing an additional 24,996 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of Ryder System by 76.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 66,941 shares of the transportation company’s stock worth $12,628,000 after purchasing an additional 29,029 shares during the period. American Century Companies Inc. lifted its stake in shares of Ryder System by 1.1% in the 3rd quarter. American Century Companies Inc. now owns 867,658 shares of the transportation company’s stock worth $163,675,000 after purchasing an additional 9,404 shares during the period. New York State Common Retirement Fund lifted its stake in shares of Ryder System by 9.7% in the 3rd quarter. New York State Common Retirement Fund now owns 31,763 shares of the transportation company’s stock worth $5,992,000 after purchasing an additional 2,800 shares during the period. Finally, Calamos Wealth Management LLC bought a new position in shares of Ryder System in the 4th quarter worth approximately $1,408,000. Institutional investors own 87.47% of the company’s stock.

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.