Ryder System (NYSE:R) Price Target Raised to $302.00
by Teresa Graham · The Cerbat GemRyder System (NYSE:R – Free Report) had its target price raised by Citigroup from $285.00 to $302.00 in a research report released on Friday morning,Benzinga reports. They currently have a buy rating on the transportation company’s stock.
A number of other brokerages also recently issued reports on R. Wells Fargo & Company boosted their price target on Ryder System from $300.00 to $305.00 and gave the company an “overweight” rating in a report on Friday. Barclays lifted their price objective on Ryder System from $300.00 to $315.00 and gave the stock an “overweight” rating in a report on Friday. Wall Street Zen raised shares of Ryder System from a “buy” rating to a “strong-buy” rating in a research note on Monday, October 12th. Citizens Jmp began coverage on shares of Ryder System in a research note on Wednesday, July 15th. They issued a “market perform” rating on the stock. Finally, Stephens boosted their target price on Ryder System from $280.00 to $305.00 and gave the stock an “overweight” rating in a report on Friday. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $292.44.
Check Out Our Latest Stock Report on Ryder System
Ryder System Stock Performance
Shares of NYSE R opened at $270.24 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.86. Ryder System has a 12 month low of $160.08 and a 12 month high of $284.25. The company has a 50 day simple moving average of $242.45 and a two-hundred day simple moving average of $249.54. The stock has a market cap of $10.33 billion, a price-to-earnings ratio of 20.60 and a beta of 1.05.
Ryder System (NYSE:R – Get Free Report) last released its quarterly earnings data on Thursday, October 22nd. The transportation company reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $4.15 by $0.18. Ryder System had a net margin of 3.98% and a return on equity of 19.14%. The firm had revenue of $2.76 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the prior year, the business earned $3.57 earnings per share. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. As a group, analysts predict that Ryder System will post 15.07 earnings per share for the current year.
Ryder System Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Monday, November 23rd will be issued a $1.01 dividend. The ex-dividend date is Monday, November 23rd. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.5%. Ryder System’s payout ratio is 30.79%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in R. Public Employees Retirement System of Ohio acquired a new position in shares of Ryder System during the second quarter worth $4,587,000. Hsbc Holdings PLC increased its position in Ryder System by 104.2% during the second quarter. Hsbc Holdings PLC now owns 56,403 shares of the transportation company’s stock worth $14,773,000 after buying an additional 28,775 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of Ryder System by 9.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 194,632 shares of the transportation company’s stock valued at $39,843,000 after acquiring an additional 16,070 shares during the period. California State Teachers Retirement System increased its stake in Ryder System by 23.6% in the first quarter. California State Teachers Retirement System now owns 48,030 shares of the transportation company’s stock valued at $9,832,000 after purchasing an additional 9,179 shares during the period. Finally, Braun Stacey Associates Inc. acquired a new position in Ryder System in the 1st quarter valued at about $12,189,000. Institutional investors and hedge funds own 87.47% of the company’s stock.
Trending Headlines about Ryder System
Here are the key news stories impacting Ryder System this week:
- Positive Sentiment: Q3 earnings beat expectations: Ryder reported comparable earnings of $4.33 per diluted share, up from $3.57 a year earlier and above the roughly $4.15-$4.17 analyst consensus. GAAP EPS was $4.16, compared with $3.33 in the prior-year quarter. Revenue increased 8.3% year over year. Ryder Reports Third Quarter 2026 Results
- Positive Sentiment: Full-year profit outlook increased: Ryder guided to fiscal 2026 EPS of $14.85-$15.05, above the $14.68 consensus estimate. The company also highlighted its eighth consecutive quarter of comparable EPS growth, supporting investor confidence in its operating execution. Ryder System Lifts Outlook After Strong Q3 Earnings
- Positive Sentiment: Analyst price targets moved higher: Citigroup raised its target to $302 and maintained a Buy rating. JPMorgan and Barclays lifted targets to $315, while Wells Fargo raised its target to $305; Stephens also increased its target to $305. The revisions indicate that analysts see additional upside after the earnings report. Analysts Boost Forecasts on Ryder
- Neutral Sentiment: Fourth-quarter guidance was broadly in line: Ryder forecast Q4 2026 EPS of $4.25-$4.45, compared with consensus of $4.27, suggesting continued earnings stability but limited near-term upside from the quarterly outlook.
- Negative Sentiment: Revenue guidance trails estimates: The company projected fiscal 2026 revenue of $10.7 billion, below the reported $13.3 billion consensus estimate. If accurate, the discrepancy could raise concerns about demand, business mix or the comparability of analyst forecasts despite the stronger profit outlook.
About Ryder System
Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain and dedicated transportation services. Founded in 1933 by James Ryder and headquartered in Miami, Florida, the company serves businesses that rely on commercial vehicles, transportation networks and logistics infrastructure.
Through its Fleet Management Solutions business, Ryder offers full-service leasing, commercial vehicle rental, maintenance, fleet support and related services for trucks, tractors, trailers and other vehicles.
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