NYSE:R - Ryder System Stock Price, Forecast & News

Ryder System trades on the New York Stock Exchange (NYSE) under the ticker symbol "R."

Ryder System declared a quarterly dividend on Friday, October 4th. Shareholders of record on Monday, November 18th will be given a dividend of $0.56 per share on Friday, December 20th. This represents a $2.24 annualized dividend and a yield of 4.19%. The ex-dividend date is Friday, November 15th. View Ryder System's Dividend History.

Ryder System announced that its Board of Directors has initiated a share repurchase plan on Friday, December 15th 2017, which permits the company to buyback 1,500,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

Ryder System, Inc. (NYSE:R) posted its quarterly earnings data on Tuesday, October, 29th. The transportation company reported ($1.49) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.49 by $2.98. The transportation company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.22 billion. Ryder System had a net margin of 1.55% and a return on equity of 11.65%. Ryder System's quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.64 EPS. View Ryder System's Earnings History.

Ryder System is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Ryder System.

Ryder System updated its FY19 earnings guidance on Tuesday, October, 29th. The company provided earnings per share guidance of $1.00-1.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.59.

5 equities research analysts have issued twelve-month target prices for Ryder System's stock. Their forecasts range from $51.00 to $75.00. On average, they expect Ryder System's share price to reach $62.00 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Price Targets for Ryder System.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ryder System in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ryder System.

News articles about R stock have been trending extremely positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ryder System earned a news impact score of 4.1 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Ryder System.

Ryder System saw a drop in short interest in the month of November. As of November 15th, there was short interest totalling 2,690,000 shares, a drop of 7.2% from the October 31st total of 2,900,000 shares. Based on an average daily trading volume, of 543,700 shares, the days-to-cover ratio is currently 4.9 days. Currently, 5.1% of the company's shares are sold short. View Ryder System's Current Options Chain.

Some companies that are related to Ryder System include Old Dominion Freight Line (ODFL), J B Hunt Transport Services (JBHT), AMERCO (UHAL), Knight-Swift Transportation (KNX), Landstar System (LSTR), Werner Enterprises (WERN), Saia (SAIA), Hertz Global (HTZ), Avis Budget Group (CAR), Heartland Express (HTLD), Marten Transport (MRTN), FRP (FRPH), Roadrunner Transportation Systems (RRTS) and Quality Distribution (QLTY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ryder System investors own include Verizon Communications (VZ), HCA Healthcare (HCA), Pandora Media (P), Wells Fargo & Co (WFC), Ford Motor (F), Tandem Diabetes Care (TNDM), Bank of America (BAC), NVIDIA (NVDA), General Motors (GM) and Walgreens Boots Alliance (WBA).

Ryder System's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (3.03%), Copeland Capital Management LLC (1.07%), Russell Investments Group Ltd. (0.68%), Parametric Portfolio Associates LLC (0.60%), Wedge Capital Management L L P NC (0.46%) and Great West Life Assurance Co. Can (0.35%). Company insiders that own Ryder System stock include Art A Garcia, David G Nord, E Follin Smith, John J Diez, John J Gleason, Karen M Jones, Luis P Nieto Jr and Robert E Sanchez. View Institutional Ownership Trends for Ryder System.

R stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Russell Investments Group Ltd., State Street Corp, Peregrine Capital Management LLC, First Trust Advisors LP and Comerica Bank. Company insiders that have sold Ryder System company stock in the last year include E Follin Smith, Karen M Jones and Luis P Nieto Jr. View Insider Buying and Selling for Ryder System.

R stock was bought by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Alberta Investment Management Corp, Highland Capital Management LLC, Point72 Asset Management L.P., Copeland Capital Management LLC, Sumitomo Mitsui Trust Holdings Inc., Surevest Inc. and Strs Ohio. Company insiders that have bought Ryder System stock in the last two years include David G Nord and E Follin Smith. View Insider Buying and Selling for Ryder System.

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

One share of R stock can currently be purchased for approximately $53.42.

Ryder System has a market capitalization of $2.85 billion and generates $8.41 billion in revenue each year. The transportation company earns $273.30 million in net income (profit) each year or $5.79 on an earnings per share basis. Ryder System employs 39,600 workers across the globe.View Additional Information About Ryder System.

The official website for Ryder System is http://www.ryder.com/.

Ryder System's mailing address is 11690 N.W. 105TH STREET, MIAMI FL, 33178. The transportation company can be reached via phone at 305-500-3726 or via email at [email protected]