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

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

R has been the topic of several research analyst reports. Citizens Jmp assumed coverage on Ryder System in a research note on Wednesday, July 15th. They issued a “market perform” rating on the stock. Barclays increased their price target on Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Morgan Stanley raised their target price on shares of Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, Wells Fargo & Company upped their price target on shares of Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th.

Insiders Place Their Bets

In other Ryder System news, SVP Sanford J. Hodes sold 595 shares of the stock in a transaction on Thursday, May 28th. The stock was 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 trade represents a 2.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ryder System

A number of hedge funds have recently made changes to their positions in the stock. Cedar Mountain Advisors LLC grew its stake in Ryder System by 522.7% in the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 115 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of Ryder System during the fourth quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Ryder System in the 4th quarter valued at about $34,000. Optima Capital LLC bought a new stake in shares of Ryder System in the 4th quarter valued at about $39,000. Finally, Geneos Wealth Management Inc. grew its position 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. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Ryder System Trading Down 1.1%

R stock opened at $265.88 on Friday. Ryder System has a 12 month low of $157.67 and a 12 month high of $284.25. The firm’s 50-day moving average is $265.92 and its 200 day moving average is $233.32. The company has a market capitalization of $10.20 billion, a PE ratio of 21.63 and a beta of 1.02. 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 released 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. The company had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $3.29 billion. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the company earned $3.32 EPS. 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, research analysts anticipate that Ryder System will post 14.74 EPS for the current year.

Ryder System Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Monday, August 24th will be paid a $1.01 dividend. This represents a $4.04 dividend on an annualized basis and a yield of 1.5%. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Monday, August 24th. Ryder System’s payout ratio is presently 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.