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

Shares of Ryder System, Inc. (NYSE:R) have been assigned an average recommendation of “Moderate Buy” from the eleven research firms that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $234.8889.

R has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Citigroup boosted their target price on shares of Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Barclays boosted their target price on shares of Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Wells Fargo & Company boosted their target price on shares of Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Finally, Susquehanna boosted their target price on shares of Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research report on Friday, February 13th.

Insider Activity

In other Ryder System news, EVP Rajeev Ravindran sold 2,696 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $221.61, for a total transaction of $597,460.56. Following the completion of the transaction, the executive vice president owned 18,136 shares of the company’s stock, valued at $4,019,118.96. The trade was a 12.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Thomas M. Havens sold 12,571 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $221.65, for a total transaction of $2,786,362.15. Following the transaction, the insider directly owned 33,074 shares of the company’s stock, valued at approximately $7,330,852.10. This represents a 27.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 77,925 shares of company stock worth $17,235,427. Insiders own 4.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in R. Royal Bank of Canada raised its position in Ryder System by 52.8% in the first quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock worth $2,267,000 after purchasing an additional 5,448 shares in the last quarter. Focus Partners Wealth raised its position in Ryder System by 7.9% in the first quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock worth $266,000 after purchasing an additional 135 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Ryder System by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after purchasing an additional 109 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Ryder System by 10.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,191 shares of the transportation company’s stock worth $189,000 after purchasing an additional 110 shares in the last quarter. Finally, M&T Bank Corp raised its position in Ryder System by 10.9% in the second quarter. M&T Bank Corp now owns 2,153 shares of the transportation company’s stock worth $343,000 after purchasing an additional 212 shares in the last quarter. Institutional investors own 87.47% of the company’s stock.

Ryder System Stock Up 0.1%

R stock opened at $231.04 on Monday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.09. Ryder System has a 1 year low of $143.34 and a 1 year high of $259.00. The company has a fifty day simple moving average of $216.75 and a 200 day simple moving average of $200.25. The firm has a market cap of $8.94 billion, a PE ratio of 19.21 and a beta of 1.04.

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

Ryder System Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $3.64 dividend on an annualized basis and a yield of 1.6%. Ryder System’s payout ratio is currently 30.26%.

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.