Ryder System, Inc. to Issue Quarterly Dividend of $0.91 (NYSE:R)

Key Points

• Ryder System, Inc. has declared a quarterly dividend of $0.91 per share, which will be distributed to stockholders of record on November 17th, with an ex-dividend date on the same day.
• The company reported $3.32 EPS for the last quarter, surpassing analysts' expectations of $3.11, and projected earnings of $12.85-$13.30 EPS for FY 2025.
• Ryder System has a dividend payout ratio of 22.0%, indicating strong earnings coverage for its dividend, with an anticipated yield of 2.0%.

Ryder System, Inc. (NYSE:R - Get Free Report) declared a quarterly dividend on Thursday, October 9th. Stockholders of record on Monday, November 17th will be given a dividend of 0.91 per share by the transportation company on Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, November 17th.

Ryder System has a dividend payout ratio of 22.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Ryder System to earn $16.41 per share next year, which means the company should continue to be able to cover its $3.24 annual dividend with an expected future payout ratio of 19.7%.

Ryder System Trading Down 1.8%

R opened at $184.10 on Friday. The stock has a market cap of $7.51 billion, a PE ratio of 15.65 and a beta of 1.00. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 2.27. The business has a 50 day moving average of $184.60 and a 200-day moving average of $163.94. Ryder System has a 52 week low of $125.54 and a 52 week high of $195.48.

Ryder System (NYSE:R - Get Free Report) last released its earnings results on Thursday, July 24th. The transportation company reported $3.32 EPS for the quarter, beating analysts' consensus estimates of $3.11 by $0.21. The company had revenue of $3.19 billion during the quarter, compared to analysts' expectations of $3.17 billion. Ryder System had a return on equity of 17.83% and a net margin of 3.99%.The firm's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter last year, the business posted $3.00 EPS. Ryder System has set its Q3 2025 guidance at 3.450-3.650 EPS. FY 2025 guidance at 12.850-13.300 EPS. Equities research analysts predict that Ryder System will post 13.68 earnings per share for the current fiscal year.

Ryder System Company Profile

Ryder System, Inc operates as a logistics and transportation company worldwide. It operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full-service leasing and leasing with flexible maintenance options; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers; access to diesel fuel; and fuel planning and tax reporting, cards, and monitoring services, and centralized billing, as well as sells used vehicles through its retail sales centers and www.ryder.com/used-trucks website, as well as digital and technology support services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.