Ryder System, Inc. (NYSE:R) Plans Quarterly Dividend of $1.01

Ryder System, Inc. (NYSE:R) announced a quarterly dividend on Thursday, July 9th. Investors of record on Monday, August 24th will be paid a dividend of 1.01 per share by the transportation company on Friday, September 18th. This represents a c) annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 24th. This is a 11.0% increase from Ryder System’s previous quarterly dividend of $0.91.

Ryder System has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 20 years. Ryder System has a payout ratio of 24.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Ryder System to earn $17.50 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 20.8%.

Ryder System Stock Up 1.6%

Shares of R opened at $269.55 on Friday. The stock has a 50 day moving average price of $255.14 and a 200 day moving average price of $223.43. Ryder System has a one year low of $157.67 and a one year high of $284.25. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.68 and a current ratio of 0.68. The stock has a market capitalization of $10.43 billion, a price-to-earnings ratio of 22.41 and a beta of 1.01.

Ryder System (NYSE:R) last announced its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $3.11 billion. During the same quarter last year, the firm posted $2.46 EPS. The firm’s revenue for the quarter was down .2% on a year-over-year basis. 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. Equities research analysts forecast that Ryder System will post 14.82 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

R has been the topic of a number of recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th. JPMorgan Chase & Co. increased their price objective on shares of Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Wall Street Zen raised shares of Ryder System from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Robert W. Baird boosted their target price on Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a report on Wednesday, June 17th. Finally, Citigroup upped their price target on Ryder System from $239.00 to $276.00 and gave the company a “buy” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Ryder System has a consensus rating of “Moderate Buy” and a consensus price target of $264.50.

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.