Shares of Ryder System, Inc. (NYSE:R – Get Free Report) have received an average recommendation of “Moderate Buy” from the twelve research firms that are presently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $294.1429.
Several equities research analysts recently issued reports on the stock. Citigroup raised their target price on shares of Ryder System from $280.00 to $283.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Citizens Jmp began coverage on shares of Ryder System in a research note on Wednesday, July 15th. They set a “market perform” rating for the company. JPMorgan Chase & Co. increased their price target on Ryder System from $259.00 to $296.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Morgan Stanley raised their price target on Ryder System from $263.00 to $280.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Finally, Wells Fargo & Company lifted their price objective on Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a report on Friday, July 24th.
Get Our Latest Stock Report on Ryder System
Ryder System Price Performance
Ryder System (NYSE:R – Get Free Report) last posted its earnings results 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. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The business had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $3.29 billion. During the same quarter in the prior year, the business earned $3.32 EPS. The business’s revenue for the quarter 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, analysts expect that Ryder System will post 14.74 earnings per share for the current year.
Ryder System Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be given a $1.01 dividend. The ex-dividend date of this dividend is Monday, August 24th. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 annualized dividend and a yield of 1.5%. Ryder System’s payout ratio is 29.62%.
Insider Activity
In other news, SVP Sanford J. Hodes sold 595 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $251.95, for a total transaction of $149,910.25. Following the completion of the sale, the senior vice president owned 22,948 shares of the company’s stock, valued at $5,781,748.60. This represents a 2.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.90% of the stock is currently owned by corporate insiders.
Institutional Trading of Ryder System
Large investors have recently added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB boosted its position in Ryder System by 36.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock valued at $42,000 after buying an additional 43 shares during the period. Orion Porfolio Solutions LLC grew its stake in Ryder System by 2.4% in the 4th quarter. Orion Porfolio Solutions LLC now owns 2,262 shares of the transportation company’s stock worth $433,000 after acquiring an additional 52 shares in the last quarter. Quantum Portfolio Management LLC increased its position in shares of Ryder System by 2.1% during the first quarter. Quantum Portfolio Management LLC now owns 2,564 shares of the transportation company’s stock worth $525,000 after acquiring an additional 52 shares during the period. Corient Private Wealth LLC raised its stake in shares of Ryder System by 0.8% during the fourth quarter. Corient Private Wealth LLC now owns 7,337 shares of the transportation company’s stock valued at $1,404,000 after acquiring an additional 58 shares in the last quarter. Finally, Vectors Research Management LLC raised its stake in shares of Ryder System by 0.3% during the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock valued at $3,543,000 after acquiring an additional 61 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors.
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.
Featured Stories
- Five stocks we like better than Ryder System
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
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.
