Ryder System, Inc. (NYSE:R) Stock Has Average Price Target of $284.12 According to Analysts

Shares of Ryder System, Inc. (NYSE:R) have received an average recommendation of “Moderate Buy” from the twelve analysts that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $284.12.

R has been the subject of a number of recent analyst reports. Robert W. Baird reaffirmed a “neutral” rating and issued a $245.00 price objective (down from $290.00) on shares of Ryder System in a research note on Tuesday, September 29th. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Monday, August 24th. Janney Montgomery Scott set a $285.00 price target on Ryder System in a report on Thursday, October 8th. Morgan Stanley upgraded Ryder System from an “overweight” rating to a “buy” rating in a research note on Monday, October 5th. Finally, Susquehanna cut their price objective on shares of Ryder System from $310.00 to $280.00 and set a “positive” rating for the company in a report on Friday, October 2nd.

Hedge Funds Weigh In On Ryder System

Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of Ryder System in the second quarter valued at $1,060,749,000. Bank of America Corp DE bought a new stake in Ryder System in the second quarter worth $207,689,000. Bank of New York Mellon Corp bought a new stake in Ryder System in the second quarter worth $136,320,000. First Trust Advisors LP raised its stake in Ryder System by 81.5% during the first quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company’s stock valued at $206,822,000 after purchasing an additional 453,697 shares in the last quarter. Finally, NewEdge Wealth LLC purchased a new stake in Ryder System during the second quarter valued at $74,531,000. 87.47% of the stock is owned by hedge funds and other institutional investors.

Ryder System Stock Down 0.9%

R opened at $237.97 on Thursday. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.65 and a current ratio of 0.65. Ryder System has a fifty-two week low of $157.67 and a fifty-two week high of $284.25. The firm’s fifty day moving average is $243.65 and its 200 day moving average is $247.64. The stock has a market cap of $9.13 billion, a price-to-earnings ratio of 19.36 and a beta of 1.05.

Ryder System (NYSE:R) last issued its earnings results 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. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $3.29 billion. During the same quarter in the prior year, the firm posted $3.32 EPS. Ryder System’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. On average, sell-side analysts forecast that Ryder System will post 14.74 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Monday, November 23rd will be issued a $1.01 dividend. This represents a $4.04 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, November 23rd. Ryder System’s payout ratio is 32.87%.

About Ryder System

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain, and dedicated transportation solutions. Its services include commercial vehicle leasing and rental, fleet maintenance, transportation management, warehousing, distribution, and delivery services.

The company serves businesses across industries through operations in the United States, Canada, and Mexico. Ryder also supports e-commerce and retail customers with last-mile delivery, fulfillment, and related logistics services, and sells used commercial vehicles through its network of vehicle sales centers and online channels.

Founded in 1933 by James Ryder, the company is headquartered in Miami, Florida.