Ryder System, Inc. (NYSE:R) Stock Has Average Price Target of $294.14

Shares of Ryder System, Inc. (NYSE:R) have earned an average recommendation of “Moderate Buy” from the twelve brokerages that are currently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $294.14.

R has been the topic of a number of research reports. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a report on Monday, August 24th. Citigroup increased their price target on shares of Ryder System from $280.00 to $283.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Barclays lifted 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. Susquehanna boosted their price objective on Ryder System from $290.00 to $310.00 and gave the stock a “positive” rating in a research note on Friday, July 24th. Finally, Wells Fargo & Company upped their price objective on Ryder System from $290.00 to $300.00 and gave the company an “overweight” rating in a research report on Friday, July 24th.

Ryder System Price Performance

NYSE:R opened at $235.97 on Friday. The business’s 50-day moving average is $253.37 and its 200 day moving average is $243.55. Ryder System has a 12 month low of $157.67 and a 12 month high of $284.25. The company has a market capitalization of $9.05 billion, a P/E ratio of 19.20 and a beta of 1.01. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.91.

Ryder System (NYSE:R) last released its quarterly earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share for the quarter, beating the consensus estimate of $3.69 by $0.04. The business had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $3.29 billion. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the business posted $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, equities research analysts forecast that Ryder System will post 14.74 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Monday, August 24th were given a dividend of $1.01 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $4.04 annualized dividend and a dividend yield of 1.7%. This is an increase from Ryder System’s previous quarterly dividend of $0.91. Ryder System’s dividend payout ratio is presently 32.87%.

Institutional Trading of Ryder System

A number of institutional investors have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership boosted its holdings in Ryder System by 9.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 194,632 shares of the transportation company’s stock valued at $39,843,000 after acquiring an additional 16,070 shares during the period. California State Teachers Retirement System increased its stake in Ryder System by 23.6% in the first quarter. California State Teachers Retirement System now owns 48,030 shares of the transportation company’s stock worth $9,832,000 after purchasing an additional 9,179 shares during the period. Braun Stacey Associates Inc. purchased a new stake in Ryder System in the first quarter worth $12,189,000. Hsbc Holdings PLC lifted its position in shares of Ryder System by 104.2% during the second quarter. Hsbc Holdings PLC now owns 56,403 shares of the transportation company’s stock worth $14,773,000 after purchasing an additional 28,775 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Ryder System during the first quarter worth $1,709,000. 87.47% of the stock is currently owned by institutional investors.

Ryder System Company Profile

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain and dedicated transportation services. The company serves commercial customers across industries, helping them manage the movement, storage and delivery of goods through integrated transportation and logistics solutions.

Ryder’s fleet management offerings include commercial truck leasing, rental, maintenance and related support services. It also sells used vehicles and provides technology designed to help customers monitor fleets, improve utilization and manage transportation operations.