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NYSE:R

Ryder System (R) Stock Price, News & Analysis

$109.22
+0.51 (+0.47%)
(As of 12:27 PM ET)
Today's Range
$108.36
$109.91
50-Day Range
$107.18
$121.21
52-Week Range
$76.15
$121.58
Volume
68,674 shs
Average Volume
249,094 shs
Market Capitalization
$4.83 billion
P/E Ratio
12.51
Dividend Yield
2.60%
Price Target
$120.00

Ryder System MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
10.4% Upside
$120.00 Price Target
Short Interest
Healthy
1.20% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.63mentions of Ryder System in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$877,995 Sold Last Quarter
Proj. Earnings Growth
18.49%
From $11.90 to $14.10 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.31 out of 5 stars

Transportation Sector

25th out of 112 stocks

Automotive Rental & Leasing, Without Drivers Industry

2nd out of 5 stocks

R stock logo

About Ryder System Stock (NYSE:R)

Ryder System, Inc., commonly known as Ryder, is a leading provider of transportation, logistics, and supply chain management solutions. Based in Miami, Florida, the company operates in North America, Europe, and Asia and has been in business for over 85 years. Ryder offers many services, including fleet management, dedicated transportation, supply chain optimization, and last-mile delivery solutions. With a fleet of over 230,000 vehicles, Ryder serves customers across various industries, including healthcare, food and beverage, retail, and e-commerce.

Robert Sanchez has been Ryder's Chairman and Chief Executive Officer since 2013. Before he was appointed CEO, Sanchez served in various executive roles at the company, including President of Global Fleet Management Solutions and Chief Financial Officer. The rest of the company's senior leadership team includes Karen Jones, Executive Vice President and Chief Marketing Officer and John Diez, Executive Vice President and Chief Financial Officer.

In recent years Ryder has reported total revenue increases. Net income is also moving in a positive direction. The company's debt levels have remained relatively stable over the past few years, with total debt of around $11 billion. Ryder's price-to-earnings ratio and price-to-book ratio are both below the industry average. Over the past few years, Ryder's stock price has increased, outperforming the broader market. The company's stock has also experienced decreased trading volume, with an average daily volume of 309,000 shares.

The transportation and logistics industry has experienced significant growth in recent years, driven by the rise of e-commerce and the increasing importance of supply chain management. The COVID-19 pandemic has further accelerated this trend, as companies have had to adapt rapidly to changing consumer behavior and supply chain disruptions. However, the industry also faces rising fuel costs, driver shortages, and increasing regulatory scrutiny.

Ryder competes with many large companies in the transportation and logistics space, including XPO Logistics, Inc., J.B. Hunt Transport Services, Inc., and United Parcel Service, Inc. The company differentiates itself by offering a wide range of services, from fleet management to last-mile delivery, and investing in technology and innovation to improve efficiency and reduce costs.

Ryder sees significant growth opportunities in several areas, including e-commerce fulfillment, autonomous trucking, and electric vehicles. The company recently announced a partnership with Embark Trucks to develop and deploy autonomous trucks for long-haul routes, which could significantly reduce costs and improve efficiency. Ryder is also investing in electric vehicles, with plans to add 1,000 electric trucks to its fleet by 2023.

In addition, Ryder is focused on expanding its presence in the e-commerce fulfillment space, where demand has surged in recent years. The company offers a range of solutions to help retailers and e-commerce companies manage their supply chains, including warehouse management, transportation management, and last-mile delivery.

Like all companies in the transportation and logistics industry, Ryder faces many risks and challenges. These include rising fuel costs, regulatory scrutiny, and supply chain disruptions. In addition, the company faces increasing competition from new entrants, such as Amazon and Uber Freight, which could put pressure on pricing and margins.

Another challenge Ryder faces is the ongoing driver shortage, exacerbated by the COVID-19 pandemic. This has led to higher driver wages and increased competition among companies for a limited pool of qualified drivers. Ryder is working to address this challenge by offering competitive salaries and benefits, investing in driver training programs, and exploring the use of autonomous and electric vehicles.

Ryder is subject to various regulatory and legal risks, including potential changes to environmental regulations and labor laws. The company has committed to reducing its carbon emissions and improving sustainability across its operations, which could help mitigate some of these risks.

R Stock Price History

R Stock News Headlines

Ryder System (R) to Release Quarterly Earnings on Tuesday
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Ryder System (NYSE:R) Lowered to Hold at StockNews.com
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Ryder System
Q4 2023 Ryder System Inc Earnings Call
Ryder Share Repurchases to Offset Higher Tax Rate
Ryder Profit, Revenue Moves Lower in 4Q
Ryder System Inc. Q4 Profit Decreases, but beats estimates
Ryder System Guides FY24 Adj. EPS In Line With Estimates - Update
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Ex-Dividend for 3/15 Dividend
2/16/2024
Dividend Payable
3/15/2024
Today
4/22/2024
Next Earnings (Confirmed)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Automotive rental & leasing, without drivers
Sub-Industry
Trucking
CUSIP
78354910
Employees
47,500
Year Founded
1933

Price Target and Rating

Average Stock Price Target
$120.00
High Stock Price Target
$140.00
Low Stock Price Target
$105.00
Potential Upside/Downside
+10.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$406 million
Pretax Margin
5.24%

Debt

Sales & Book Value

Annual Sales
$11.78 billion
Cash Flow
$54.63 per share
Book Value
$69.24 per share

Miscellaneous

Free Float
41,971,000
Market Cap
$4.81 billion
Optionable
Optionable
Beta
1.40

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R Stock Analysis - Frequently Asked Questions

Should I buy or sell Ryder System stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ryder System in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" R shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in R, but not buy additional shares or sell existing shares.
View R analyst ratings
or view top-rated stocks.

What is Ryder System's stock price target for 2024?

8 brokerages have issued 1-year price objectives for Ryder System's shares. Their R share price targets range from $105.00 to $140.00. On average, they anticipate the company's share price to reach $120.00 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price.
View analysts price targets for R
or view top-rated stocks among Wall Street analysts.

How have R shares performed in 2024?

Ryder System's stock was trading at $115.06 at the beginning of the year. Since then, R stock has decreased by 5.5% and is now trading at $108.71.
View the best growth stocks for 2024 here
.

When is Ryder System's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our R earnings forecast
.

How can I listen to Ryder System's earnings call?

Ryder System will be holding an earnings conference call on Tuesday, April 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Ryder System's earnings last quarter?

Ryder System, Inc. (NYSE:R) issued its quarterly earnings data on Wednesday, February, 14th. The transportation company reported $2.95 EPS for the quarter, beating the consensus estimate of $2.75 by $0.20. The transportation company earned $3.02 billion during the quarter, compared to the consensus estimate of $2.98 billion. Ryder System had a net margin of 3.45% and a trailing twelve-month return on equity of 19.68%. Ryder System's revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the previous year, the business posted $3.89 earnings per share.

How often does Ryder System pay dividends? What is the dividend yield for Ryder System?

Ryder System announced a quarterly dividend on Friday, February 9th. Stockholders of record on Tuesday, February 20th will be paid a dividend of $0.71 per share on Friday, March 15th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Friday, February 16th.
Read our dividend analysis for R
.

Is Ryder System a good dividend stock?

Ryder System (NYSE:R) pays an annual dividend of $2.84 per share and currently has a dividend yield of 2.61%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, R will have a dividend payout ratio of 20.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for R.

How will Ryder System's stock buyback program work?

Ryder System announced that its Board of Directors has authorized a share repurchase plan on Wednesday, February 15th 2023, which allows the company to repurchase 2,000,000 shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its shares are undervalued.

What guidance has Ryder System issued on next quarter's earnings?

Ryder System updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of 1.550-1.800 for the period, compared to the consensus earnings per share estimate of 2.680. The company issued revenue guidance of -.

What is Robert E. Sanchez's approval rating as Ryder System's CEO?

520 employees have rated Ryder System Chief Executive Officer Robert E. Sanchez on Glassdoor.com. Robert E. Sanchez has an approval rating of 78% among the company's employees.

What other stocks do shareholders of Ryder System own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ryder System investors own include Verizon Communications (VZ), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), AbbVie (ABBV), AT&T (T), Bank of America (BAC), The Goldman Sachs Group (GS), Walgreens Boots Alliance (WBA), Ford Motor (F) and Netflix (NFLX).

Who are Ryder System's major shareholders?

Ryder System's stock is owned by a number of institutional and retail investors. Top institutional investors include Community Bank of Raymore (0.09%), Alaska Permanent Fund Corp (0.06%), Courier Capital LLC (0.05%), State of Michigan Retirement System (0.02%), Buckley Wealth Management LLC (0.02%) and Measured Wealth Private Client Group LLC (0.01%). Insiders that own company stock include Cristina Gallo-Aquino, E Follin Smith, John J Diez, John J Gleason, John S Sensing, Karen M Jones, Karen M Jones, Luis P Nieto Jr, Rajeev Ravindran, Robert D Fatovic, Robert E Sanchez, Scott T Parker and Thomas M Havens.
View institutional ownership trends
.

How do I buy shares of Ryder System?

Shares of R stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Ryder System have any subsidiaries?
The following companies are subsidiares of Ryder System: 3241290 Nova Scotia Company, Associated Ryder Capital Services Inc., B.I.T. Leasing, Bedford Logistics LLC, Bedford Motor Service LLC, COOP Technologies Inc., CRTS Logistica Automotiva S.A., Carmenita Leasing, Dallas Service Center, D’Approvisionnement Ryder Canada SRI, Edart Leasing Company, Euroway Group, Euroway Vehicle Contracts Limited, Euroway Vehicle Engineering Limited, Euroway Vehicle Management Limited, Euroway Vehicle Rental Limited, Gator Leasing, Gordon Truck Leasing, Hill Hire, Hill Hire Limited, Laromark Intermediate Holding Corporation, Lily Transportation, LogiCorp, Logistics Resources LLC, MXD Group, Metro Truck and Tractor Leasing, Midwest Warehouse & Distribution System, Midwest Warehouse and Distribution System LLC, Network Vehicle Central LLC, Pollock NationaLease, RSI Holding B.V., RTR Holdings Limited, RTR Leasing I Inc., RTR Leasing II Inc., RTR Next Gen Sales LLC, RTRC Finance LP, Road Master Limited, Ruan Leasing Company, Ryder Argentina S.A., Ryder Ascent Logistics Pte Ltd., Ryder Asia Pacific Holdings B.V., Ryder Canadian Financing US LLC, Ryder Capital Ireland Holdings II LLC, Ryder Capital Luxembourg Limited S.A.R.L., Ryder Capital S. de R.L. de C.V., Ryder Capital SRL, Ryder Capital UK Holdings LLP, Ryder Dedicated Logistics Inc., Ryder Deutschland GmbH, Ryder Distribution Services Limited, Ryder E-commerce LLC, Ryder Energy Distribution Corporation, Ryder Europe B.V., Ryder Fleet Products Inc., Ryder Freight Brokerage Inc., Ryder Fuel Services LLC, Ryder Funding II LP, Ryder Funding LP, Ryder Global Services LLC, Ryder Holdings Mexico One S. de R.L. de C.V., Ryder Holdings Mexico Three S. de R.L. de C.V., Ryder Holdings Mexico Two S. de R.L. de C.V., Ryder Integrated Logistics Inc.(1), Ryder Integrated Logistics of California Contractors LLC, Ryder Integrated Logistics of Texas LLC, Ryder International Holdings LLC, Ryder International Inc., Ryder International UK Holdings LP, Ryder Last Mile Inc., Ryder Last Mile LLC, Ryder Limited, Ryder Logistica Ltda., Ryder Logistics Co. Ltd., Ryder Mauritius Holdings Ltd., Ryder Mexican Holding B.V., Ryder Midwest Warehouse LLC, Ryder Offshore Holdings III LLC, Ryder Pension Fund Limited, Ryder Puerto Rico Inc., Ryder Purchasing LLC, Ryder Receivable Funding III L.L.C., Ryder Risk Solutions LLC, Ryder Services Corporation., Ryder Servicios do Brasil Ltda., Ryder Singapore Pte Ltd., Ryder Supply Chain Solutions Canada ULC/Solutions de Chaine, Ryder Supply Chain Solutions Puerto Rico LLC, Ryder System Holdings Limited, Ryder Thailand I LLC, Ryder Thailand II LLC, Ryder Transportation Solutions LLC, Ryder Truck Rental Canada Ltd.(4), Ryder Truck Rental Holdings Canada Ltd., Ryder Truck Rental I LLC, Ryder Truck Rental I LP, Ryder Truck Rental II LLC, Ryder Truck Rental II LP, Ryder Truck Rental III LLC, Ryder Truck Rental IV LLC, Ryder Truck Rental Inc., Ryder Truck Rental LT, Ryder Vehicle Sales LLC, Ryder de Mexico S. de R.L. de C.V., Ryder do Brasil Ltda., RyderVentures LLC, Sameday, Sistemas Logisticos Sigma S.A., Tandem Transport L.P., The Scully Companies, Total Logistic Control, Translados Americano S. de R.L. de C.V., Transpacific Container Terminal Ltd, and Whiplash.
Read More
This page (NYSE:R) was last updated on 4/22/2024 by MarketBeat.com Staff

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