Ryder System, Inc. (NYSE:R) to Issue $0.91 Quarterly Dividend

Ryder System, Inc. (NYSE:R) declared a quarterly dividend on Friday, May 1st. Shareholders of record on Monday, May 18th will be given a dividend of 0.91 per share by the transportation company on Friday, June 19th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, May 18th.

Ryder System has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 20 consecutive years. Ryder System has a payout ratio of 24.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Ryder System to earn $17.42 per share next year, which means the company should continue to be able to cover its $3.64 annual dividend with an expected future payout ratio of 20.9%.

Ryder System Stock Down 0.0%

R stock opened at $231.04 on Friday. The stock’s fifty day simple moving average is $216.75 and its two-hundred day simple moving average is $200.03. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.09. Ryder System has a 1-year low of $143.34 and a 1-year high of $259.00. The stock has a market cap of $8.94 billion, a P/E ratio of 19.21 and a beta of 1.04.

Ryder System (NYSE:R) last posted its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.25. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $3.11 billion. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The business’s revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.46 earnings per share. Ryder System has set its FY 2026 guidance at 14.050-14.80 EPS and its Q2 2026 guidance at 3.500-3.75 EPS. Analysts expect that Ryder System will post 14.82 EPS for the current year.

Wall Street Analysts Forecast Growth

R has been the topic of a number of research analyst reports. Wells Fargo & Company boosted their target price on shares of Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Robert W. Baird boosted their target price on shares of Ryder System from $202.00 to $253.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Zacks Research upgraded shares of Ryder System from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Barclays upped their price target on Ryder System from $220.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. upped their price target on Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $234.89.

Ryder System Company Profile

Ryder System, Inc is a leading provider of transportation and supply chain management solutions, serving commercial customers across a range of industries. The company’s Fleet Management Solutions segment offers full-service leasing and rental of medium- and heavy-duty trucks, tractors and trailers, along with maintenance and repair services at its network of service locations. Its Supply Chain Solutions segment provides integrated, technology-driven offerings that span managed transportation, dedicated contract carriage, warehousing and distribution, and e-commerce fulfillment.

Founded in 1933 and headquartered in Miami, Florida, Ryder has grown from a regional truck leasing operation into a diversified, global logistics provider.