Ryder System (NYSE:R) Releases Earnings Results, Beats Estimates By $0.01 EPS

Key Points

• Ryder System reported an EPS of $3.57, missing analysts' estimates of $3.60 by $0.03 for the quarterly earnings ending Thursday.
• The company's stock fell 9.8% after the earnings announcement, with trading at $164.92 during mid-day trading.
• Ryder System declared a quarterly dividend of $0.91, representing a 2.2% yield, with the dividend to be paid on December 19th.

Ryder System (NYSE:R - Get Free Report) posted its earnings results on Thursday. The transportation company reported $3.57 EPS for the quarter, topping the consensus estimate of $3.56 by $0.01, Zacks reports. Ryder System had a return on equity of 17.83% and a net margin of 3.99%.The business had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.19 billion. During the same quarter last year, the company earned $3.44 EPS. Ryder System's revenue was up .1% on a year-over-year basis. Ryder System updated its Q4 2025 guidance to 3.500-3.700 EPS and its FY 2025 guidance to 12.850-13.050 EPS.

Ryder System Trading Down 12.5%

Shares of NYSE:R traded down $22.76 during trading on Thursday, hitting $160.05. 786,876 shares of the company's stock were exchanged, compared to its average volume of 360,084. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 2.27. The firm has a market cap of $6.53 billion, a P/E ratio of 13.61 and a beta of 1.00. The firm has a 50-day moving average price of $185.42 and a two-hundred day moving average price of $166.34. Ryder System has a 1-year low of $125.54 and a 1-year high of $195.48.

Ryder System Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Monday, November 17th will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, November 17th. Ryder System's dividend payout ratio (DPR) is 30.95%.

Insiders Place Their Bets

In related news, Director E Follin Smith sold 5,523 shares of Ryder System stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $177.66, for a total transaction of $981,216.18. Following the transaction, the director owned 33,779 shares of the company's stock, valued at $6,001,177.14. This trade represents a 14.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Cristina Gallo-Aquino sold 1,000 shares of Ryder System stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $180.87, for a total transaction of $180,870.00. Following the transaction, the chief financial officer directly owned 26,561 shares in the company, valued at $4,804,088.07. The trade was a 3.63% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 41,618 shares of company stock valued at $7,587,997 over the last three months. 5.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Ryder System

Hedge funds have recently bought and sold shares of the company. Orbis Allan Gray Ltd grew its holdings in shares of Ryder System by 15.4% in the 2nd quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company's stock valued at $159,856,000 after buying an additional 134,423 shares during the period. Treasurer of the State of North Carolina lifted its holdings in Ryder System by 294.5% during the second quarter. Treasurer of the State of North Carolina now owns 160,242 shares of the transportation company's stock worth $25,478,000 after acquiring an additional 119,618 shares in the last quarter. AQR Capital Management LLC grew its stake in Ryder System by 22.3% in the second quarter. AQR Capital Management LLC now owns 469,676 shares of the transportation company's stock valued at $74,679,000 after acquiring an additional 85,777 shares during the period. Bank of America Corp DE grew its stake in Ryder System by 6.7% in the second quarter. Bank of America Corp DE now owns 988,117 shares of the transportation company's stock valued at $157,111,000 after acquiring an additional 62,313 shares during the period. Finally, Hudson Bay Capital Management LP increased its holdings in shares of Ryder System by 226.6% in the second quarter. Hudson Bay Capital Management LP now owns 72,569 shares of the transportation company's stock worth $11,538,000 after acquiring an additional 50,347 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

R has been the topic of several analyst reports. Citigroup started coverage on shares of Ryder System in a report on Monday, September 22nd. They issued a "buy" rating and a $217.00 target price on the stock. Susquehanna assumed coverage on shares of Ryder System in a report on Tuesday, July 15th. They set a "positive" rating and a $215.00 price objective for the company. Morgan Stanley boosted their target price on Ryder System from $175.00 to $190.00 and gave the stock an "overweight" rating in a report on Monday, July 28th. Robert W. Baird increased their price target on Ryder System from $186.00 to $192.00 and gave the stock an "outperform" rating in a research report on Monday, July 28th. Finally, Barclays lifted their price objective on Ryder System from $190.00 to $220.00 and gave the company an "overweight" rating in a research report on Thursday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Ryder System presently has a consensus rating of "Moderate Buy" and a consensus target price of $193.22.

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.