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Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

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

$105.74
-2.16 (-2.00%)
(As of 12/6/2023 ET)
Compare
Today's Range
$105.69
$108.73
50-Day Range
$92.39
$108.65
52-Week Range
$76.15
$109.09
Volume
215,468 shs
Average Volume
322,216 shs
Market Capitalization
$4.69 billion
P/E Ratio
10.38
Dividend Yield
2.69%
Price Target
$107.17

Ryder System MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
1.3% Upside
$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
0.10mentions of Ryder System in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$2.74 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.

2.19 out of 5 stars

Transportation Sector

47th out of 98 stocks

Automotive Rental & Leasing, Without Drivers Industry

1st 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, Inc. (NYSE:R) EVP Sells $1,065,100.00 in Stock
Henry Ford Would NEVER Have Seen This Coming
In 1908, Henry Ford used a metal called vanadium in his Model T cars. Over a century later, automakers still turn to vanadium to make car bodies lighter and stronger. Today, this under-appreciated metal plays the starring role in cutting-edge battery tech set to revolutionize the energy storage market.
Ryder System (NYSE:R) Downgraded by StockNews.com to "Hold"
Henry Ford Would NEVER Have Seen This Coming
In 1908, Henry Ford used a metal called vanadium in his Model T cars. Over a century later, automakers still turn to vanadium to make car bodies lighter and stronger. Today, this under-appreciated metal plays the starring role in cutting-edge battery tech set to revolutionize the energy storage market.
Ryder System Inc's Dividend Analysis
Q3 2023 Ryder System Inc Earnings Call
Ryder Is Past Peak Earnings But Still Attractive
Ryder System Inc. Q3 Profit Decreases, but beats estimates
Ryder Reports Third Quarter 2023 Results
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
12/06/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/21/2024

Industry, Sector and Symbol

Industry
Automotive rental & leasing, without drivers
Sub-Industry
Trucking
CUSIP
78354910
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
+1.3%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$867 million
Pretax Margin
6.33%

Debt

Sales & Book Value

Annual Sales
$12.01 billion
Cash Flow
$51.83 per share
Book Value
$58.45 per share

Miscellaneous

Free Float
42,549,000
Market Cap
$4.69 billion
Optionable
Optionable
Beta
1.46

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R Stock Analysis - Frequently Asked Questions

Should I buy or sell Ryder System stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ryder System in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 equities research analysts have issued twelve-month price targets for Ryder System's shares. Their R share price targets range from $100.00 to $118.00. On average, they expect the company's share price to reach $107.17 in the next year. This suggests a possible upside of 1.3% 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 2023?

Ryder System's stock was trading at $83.57 on January 1st, 2023. Since then, R shares have increased by 26.5% and is now trading at $105.74.
View the best growth stocks for 2023 here
.

Are investors shorting Ryder System?

Ryder System saw a drop in short interest in 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 daily volume of 375,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 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 earnings results on Wednesday, October, 25th. The transportation company reported $3.58 earnings per share for the quarter, topping analysts' consensus estimates of $3.38 by $0.20. The transportation company had revenue of $2.92 billion for the quarter, compared to the consensus estimate 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 business's revenue for the quarter was down 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. Stockholders 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 dividend yield of 2.69%. 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 2.62%. 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.

How will Ryder System's stock buyback program work?

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

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

Ryder System updated 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 EPS 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 shareholders include HG Vora Capital Management LLC (6.99%), Wellington Management Group LLP (5.76%), Earnest Partners LLC (3.76%), LSV Asset Management (3.54%), AQR Capital Management LLC (1.91%) and American Century Companies Inc. (1.75%). 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 12/7/2023 by MarketBeat.com Staff

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