Should I buy or sell Ryder System stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ryder System in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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?

5 analysts have issued 1-year price objectives for Ryder System's stock. Their R share price targets range from $100.00 to $118.00. On average, they anticipate the company's share price to reach $107.17 in the next twelve months. This suggests that the stock has a possible downside of 0.7%. View analysts price targets for R or view top-rated stocks among Wall Street analysts .

How have R shares performed in 2023?

Ryder System's stock was trading at $83.57 at the beginning of the year. Since then, R stock has increased by 29.1% and is now trading at $107.87. View the best growth stocks for 2023 here .

Are investors shorting Ryder System?

Ryder System saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 850,400 shares, a drop of 18.2% from the October 31st total of 1,040,000 shares. Based on an average trading volume of 375,000 shares, the short-interest ratio is currently 2.3 days. Approximately 2.0% of the shares of the stock are short sold. View Ryder System's Short Interest .

When is Ryder System's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our R earnings forecast .

How were Ryder System's earnings last quarter?

Ryder System, Inc. (NYSE:R) issued its quarterly earnings results on Wednesday, October, 25th. The transportation company reported $3.58 EPS for the quarter, topping the consensus estimate of $3.38 by $0.20. The transportation company had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $3.01 billion. Ryder System had a net margin of 4.12% and a trailing twelve-month return on equity of 21.80%. The company's quarterly revenue was down 3.7% compared to the same quarter last year. During the same period last year, the firm earned $4.45 EPS.

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

Ryder System announced a quarterly dividend on Thursday, October 12th. Shareholders of record on Monday, November 20th will be paid a dividend of $0.71 per share on Friday, December 15th. This represents a $2.84 annualized dividend and a yield of 2.63%. The ex-dividend date of this dividend is Friday, November 17th. 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 2.67%. 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 27.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, R will have a dividend payout ratio of 24.74% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for R .

What ETFs hold Ryder System's stock?

ETFs with the largest weight of Ryder System (NYSE:R) stock in their portfolio include First Trust Nasdaq Transportation ETF (FTXR) , SPDR S&P Transportation ETF (XTN) , ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) , Invesco S&P MidCap Value with Momentum ETF (XMVM) , Invesco S&P MidCap 400 Pure Value ETF (RFV) , First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) , Qraft AI-Enhanced Next Value ETF (NVQ) and SPDR S&P Kensho Smart Mobility ETF (HAIL) .

How will Ryder System's stock buyback program work?

Ryder System declared that its board has authorized a share buyback program on Wednesday, February 15th 2023, which allows the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

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

Ryder System issued an update on its fourth quarter 2023 earnings guidance on Wednesday, October, 25th. The company provided earnings per share (EPS) guidance of $2.60-$2.85 for the period, compared to the consensus earnings per share estimate of $2.93. 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 variety of institutional and retail investors. Top institutional investors include HG Vora Capital Management LLC (6.99%), Earnest Partners LLC (3.76%), LSV Asset Management (3.54%), AQR Capital Management LLC (1.91%), FMR LLC (1.50%) and Sei Investments Co. (1.32%). 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. 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

Ryder System Stock Price, News & Analysis (NYSE:R)

$107.04

+0.58 (+0.54%)

(As of 03:38 PM ET)

Compare

Today's Range: $106.96
▼
$108.20
50-Day Range: $92.39
▼
$107.45
52-Week Range: $76.15
▼
$108.20

Volume: 121,337 shs
Average Volume: 320,578 shs
Market Capitalization: $4.74 billion

P/E Ratio: 10.50
Dividend Yield: 2.65%
Price Target: $107.17

Ryder System MarketRank™ Stock Analysis

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 0.7% Downside
$107.17 Price Target
Short Interest: Healthy
1.97% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.73
Based on 3 Articles This Week
Insider Trading: Selling Shares
$2.68 M Sold Last Quarter
Proj. Earnings Growth: -10.24%
From $12.79 to $11.48 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.23 out of 5 stars

Transportation Sector

77th out of 116 stocks

Automotive Rental & Leasing, Without Drivers Industry

2nd out of 5 stocks

1.1

Analyst's Opinion

Consensus Rating
Ryder System has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $107.17, Ryder System has a forecasted downside of 0.7% from its current price of $107.87.
Amount of Analyst Coverage
Ryder System has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.97% of the float of Ryder System has been sold short.
Short Interest Ratio / Days to Cover
Ryder System has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ryder System has recently decreased by 18.23%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Ryder System pays a meaningful dividend of 2.67%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Ryder System has been increasing its dividend for 19 years.
Dividend Coverage
The dividend payout ratio of Ryder System is 27.87%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Ryder System will have a dividend payout ratio of 24.74% next year. This indicates that Ryder System will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for R.

2.6

News and Social Media Coverage

News Sentiment
Ryder System has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Ryder System this week, compared to 4 articles on an average week.
Search Interest
11 people have searched for R on MarketBeat in the last 30 days. This is an increase of 38% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Ryder System to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ryder System insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,678,087.00 in company stock.
Percentage Held by Insiders
Only 4.00% of the stock of Ryder System is held by insiders.
Percentage Held by Institutions
83.62% of the stock of Ryder System is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Ryder System are expected to decrease by -10.24% in the coming year, from $12.79 to $11.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ryder System is 10.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ryder System is 10.59, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 11.36.
Price to Book Value per Share Ratio
Ryder System has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

R Stock News Headlines

November 29, 2023 | finance.yahoo.com

Ryder Sets New Giving Record with $1.1 Million Donation to United Way

November 29, 2023 | americanbankingnews.com

Ryder System (NYSE:R) Downgraded by StockNews.com to "Hold"

November 29, 2023 | Tomorrow Investor (Ad)

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November 22, 2023 | americanbankingnews.com

Ryder System (NYSE:R) Upgraded to Buy at StockNews.com

November 17, 2023 | finance.yahoo.com

Insider Sell: President, Global FMS Thomas Havens Sells 6,240 Shares of Ryder System Inc (R)

November 17, 2023 | finance.yahoo.com

Ryder System Inc's Dividend Analysis

November 2, 2023 | finance.yahoo.com

Insider Sell: President, Global FMS Thomas Havens Sells 7,000 Shares of Ryder System Inc

November 1, 2023 | finance.yahoo.com

Ryder Honors Top Carriers of the Year for Commitment to Innovation and Service Excellence

November 29, 2023 | Autonomix (Ad)

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October 30, 2023 | finance.yahoo.com

Ryder Named a "Top Company for Women to Work For in Transportation"

October 28, 2023 | msn.com

Stephens & Co. Maintains Ryder System (R) Equal-Weight Recommendation

October 27, 2023 | markets.businessinsider.com

Stephens & Co. Maintains Equal-Weight Rating for Ryder System: Here's What You Need To Know

October 27, 2023 | markets.businessinsider.com

Buy Recommendation for Ryder System Inc. Based on Strong EPS and Resilient Business Model

October 27, 2023 | markets.businessinsider.com

Hold Rating on Ryder System: Balancing Cyclicality, Portfolio Transformation, and Disciplined Cash Deployment

October 26, 2023 | finance.yahoo.com

Ryder System, Inc. (NYSE:R) Q3 2023 Earnings Call Transcript

October 26, 2023 | finance.yahoo.com

Q3 2023 Ryder System Inc Earnings Call

October 25, 2023 | benzinga.com

Why Transportation & Logistics Company Ryder System's Shares Are Falling Today

October 25, 2023 | finance.yahoo.com

Ryder System Inc (R) Q3 2023 Earnings: Strong Returns Amid Weak Freight Environment

October 25, 2023 | seekingalpha.com

Ryder System, Inc. 2023 Q3 - Results - Earnings Call Presentation

October 25, 2023 | seekingalpha.com

Ryder Is Past Peak Earnings But Still Attractive

October 25, 2023 | marketwatch.com

Ryder System 3Q Net Down as Fleet-Management Demand Drops

October 25, 2023 | markets.businessinsider.com

Ryder System Inc. Q3 Profit Decreases, but beats estimates

October 25, 2023 | marketwatch.com

Ryder System Raises '23 Adj Earnings View, Sees Drop in '23 Total Revenue

October 25, 2023 | finance.yahoo.com

Ryder Reports Third Quarter 2023 Results

October 24, 2023 | finance.yahoo.com

Ryder (R) to Boost Supply-Chain Operations Through IFS Buyout

October 23, 2023 | bizjournals.com

Ryder to acquire North Carolina company with 1,000 employees

October 23, 2023 | finance.yahoo.com

Ryder acquires IFS to boost supply chain business

See More Headlines

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Company Calendar

Ex-Dividend for 9/15 Dividend: 8/18/2023
Dividend Payable: 9/15/2023
Last Earnings: 10/25/2023
Ex-Dividend for 12/15 Dividend: 11/17/2023
Today: 11/29/2023
Dividend Payable: 12/15/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/21/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Automotive rental & leasing, without drivers
Sub-Industry: Trucking
Sector: Transportation
Current Symbol: NYSE:R
CUSIP: 78354910
CIK: 85961
Web: www.ryder.com
Phone: (305) 500-3726
Fax: 305-593-4731
Employees: 48,300
Year Founded: 1933

Price Target and Rating

Average Stock Price Target: $107.17
High Stock Price Target: $118.00
Low Stock Price Target: $100.00
Potential Upside/Downside: -0.5%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $10.19
Trailing P/E Ratio: 10.57
Forward P/E Ratio: 8.42
P/E Growth: N/A
Net Income: $867 million
Net Margins: 4.12%
Pretax Margin: 6.33%
Return on Equity: 21.80%
Return on Assets: 4.47%

Debt

Debt-to-Equity Ratio: 1.53
Current Ratio: 0.53
Quick Ratio: 0.51

Sales & Book Value

Annual Sales: $12.01 billion
Price / Sales: 0.40
Cash Flow: $53.61 per share
Price / Cash Flow: 2.01
Book Value: $69.88 per share
Price / Book: 1.54

Miscellaneous

Outstanding Shares: 44,320,000
Free Float: 42,549,000
Market Cap: $4.78 billion
Optionable: Optionable
Beta: 1.48

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Key Executives

Mr. Robert E. Sanchez (Age 58)
Chairman & CEO
Comp: $4.44M
Mr. John J. Diez (Age 51)
Executive VP & CFO
Comp: $2.07M
Mr. Robert D. Fatovic (Age 57)
Executive VP, Chief Legal Officer & Corporate Secretary
Comp: $1.67M
Mr. John Steven Sensing (Age 55)
President of Global Supply Chain Solutions & Dedicated Transportation Solutions
Comp: $2.02M
Mr. Thomas M. Havens (Age 54)
President of Global Fleet Management Solutions
Comp: $1.89M
Ms. Cristina A. Gallo-Aquino (Age 49)
Senior VP, Controller & Principal Accounting Officer
Mr. Rajeev Ravindran (Age 57)
Executive VP & Chief Information Officer
Ms. Calene F. Candela
Vice President of Investor Relations
Ms. Karen M. Jones (Age 60)
Executive VP, Chief Marketing Officer & Head of New Product Development
Mr. Sanford J. Hodes (Age 55)
Senior VP, Chief Procurement Officer & Corporate Development Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

R Stock Analysis - Frequently Asked Questions

Should I buy or sell Ryder System stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ryder System in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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?: 5 analysts have issued 1-year price objectives for Ryder System's stock. Their R share price targets range from $100.00 to $118.00. On average, they anticipate the company's share price to reach $107.17 in the next twelve months. This suggests that the stock has a possible downside of 0.7%.
View analysts price targets for R or view top-rated stocks among Wall Street analysts.
How have R shares performed in 2023?: Ryder System's stock was trading at $83.57 at the beginning of the year. Since then, R stock has increased by 29.1% and is now trading at $107.87.
View the best growth stocks for 2023 here.
Are investors shorting Ryder System?: Ryder System saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 850,400 shares, a drop of 18.2% from the October 31st total of 1,040,000 shares. Based on an average trading volume of 375,000 shares, the short-interest ratio is currently 2.3 days. Approximately 2.0% of the shares of the stock are short sold.
View Ryder System's Short Interest.
When is Ryder System's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our R earnings forecast.
How were Ryder System's earnings last quarter?: Ryder System, Inc. (NYSE:R) issued its quarterly earnings results on Wednesday, October, 25th. The transportation company reported $3.58 EPS for the quarter, topping the consensus estimate of $3.38 by $0.20. The transportation company had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $3.01 billion. Ryder System had a net margin of 4.12% and a trailing twelve-month return on equity of 21.80%. The company's quarterly revenue was down 3.7% compared to the same quarter last year. During the same period last year, the firm earned $4.45 EPS.
How often does Ryder System pay dividends? What is the dividend yield for Ryder System?: Ryder System announced a quarterly dividend on Thursday, October 12th. Shareholders of record on Monday, November 20th will be paid a dividend of $0.71 per share on Friday, December 15th. This represents a $2.84 annualized dividend and a yield of 2.63%. The ex-dividend date of this dividend is Friday, November 17th.
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 2.67%. 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 27.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, R will have a dividend payout ratio of 24.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for R.

What ETFs hold Ryder System's stock?: ETFs with the largest weight of Ryder System (NYSE:R) stock in their portfolio include First Trust Nasdaq Transportation ETF (FTXR), SPDR S&P Transportation ETF (XTN), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Invesco S&P MidCap Value with Momentum ETF (XMVM), Invesco S&P MidCap 400 Pure Value ETF (RFV), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), Qraft AI-Enhanced Next Value ETF (NVQ) and SPDR S&P Kensho Smart Mobility ETF (HAIL).
How will Ryder System's stock buyback program work?: Ryder System declared that its board has authorized a share buyback program on Wednesday, February 15th 2023, which allows the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.
What guidance has Ryder System issued on next quarter's earnings?: Ryder System issued an update on its fourth quarter 2023 earnings guidance on Wednesday, October, 25th. The company provided earnings per share (EPS) guidance of $2.60-$2.85 for the period, compared to the consensus earnings per share estimate of $2.93. 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 variety of institutional and retail investors. Top institutional investors include HG Vora Capital Management LLC (6.99%), Earnest Partners LLC (3.76%), LSV Asset Management (3.54%), AQR Capital Management LLC (1.91%), FMR LLC (1.50%) and Sei Investments Co. (1.32%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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.
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This page (NYSE:R) was last updated on 11/29/2023 by MarketBeat.com Staff

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Ryder System Stock Price, News & Analysis (NYSE:R)

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