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QQQ   366.24
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Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
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Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Will I Be Able To Retire At All? Options Expert Weighs In (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Holding NVDA? Read This Now (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Will I Be Able To Retire At All? Options Expert Weighs In (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Holding NVDA? Read This Now (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Will I Be Able To Retire At All? Options Expert Weighs In (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Holding NVDA? Read This Now (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
NYSE:R

Ryder System (R) Stock Forecast, Price & News

$100.54
-0.96 (-0.95%)
(As of 08/11/2023 08:48 PM ET)
Compare
Today's Range
$100.00
$101.38
50-Day Range
$80.84
$102.67
52-Week Range
$65.69
$103.81
Volume
242,100 shs
Average Volume
299,543 shs
Market Capitalization
$4.58 billion
P/E Ratio
8.71
Dividend Yield
2.82%
Price Target
$104.60

Ryder System MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
4.0% Upside
$104.60 Price Target
Short Interest
Healthy
1.34% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.22mentions of Ryder System in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$16.27 M Sold Last Quarter
Proj. Earnings Growth
-10.91%
From $12.74 to $11.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.05 out of 5 stars

Transportation Sector

80th out of 114 stocks

Automotive Rental & Leasing, Without Drivers Industry

3rd out of 5 stocks


R stock logo

About Ryder System (NYSE:R) Stock

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 Price History

R Stock News Headlines

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Seven millionaires secretly enable market shock?
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Ryder System Inc. Q2 Earnings Summary
Q2 2023 Ryder System Inc Earnings Call
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R Ryder System, Inc.
Ryder Receives Innovation Award from Toyota
Ryder System Inc.
Ryder Honors Top Professional Truck Drivers
See More Headlines
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R Company Calendar

Ex-Dividend for 6/16 Dividend
5/19/2023
Dividend Payable
6/16/2023
Last Earnings
7/26/2023
Today
8/13/2023
Ex-Dividend for 9/15 Dividend
8/18/2023
Dividend Payable
9/15/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

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 Forecast
$104.60
High Stock Price Forecast
$118.00
Low Stock Price Forecast
$100.00
Forecasted Upside/Downside
+4.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$867 million
Pretax Margin
7.28%

Debt

Sales & Book Value

Annual Sales
$11.96 billion
Cash Flow
$52.92 per share
Book Value
$68.00 per share

Miscellaneous

Free Float
43,706,000
Market Cap
$4.58 billion
Optionable
Optionable
Beta
1.57

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Key Executives

  • Mr. Robert E. Sanchez (Age 58)
    Chairman & CEO
    Comp: $4.44M
  • Mr. John J. Diez (Age 51)
    Exec. VP & CFO
    Comp: $2.07M
  • Mr. Robert D. Fatovic (Age 57)
    Exec. VP, Chief Legal Officer & Corp. Sec.
    Comp: $1.67M
  • Mr. John Steven Sensing (Age 55)
    Pres of Global Supply Chain Solutions & Dedicated Transportation Solutions
    Comp: $2.02M
  • Mr. Thomas M. Havens (Age 54)
    Pres of Global Fleet Management Solutions
    Comp: $1.89M
  • Ms. Cristina A. Gallo-AquinoMs. Cristina A. Gallo-Aquino (Age 49)
    Sr. VP, Controller & Principal Accounting Officer
  • Mr. Rajeev RavindranMr. Rajeev Ravindran (Age 57)
    Exec. VP & Chief Information Officer
  • Ms. Calene F. Candela
    VP of Investor Relations
  • Ms. Karen M. JonesMs. Karen M. Jones (Age 60)
    Exec. VP, Chief Marketing Officer & Head of New Product Devel.
  • Mr. Sanford J. Hodes (Age 55)
    Sr. VP, Chief Procurement Officer & Corp. Devel. Officer













R Stock - Frequently Asked Questions

Should I buy or sell Ryder System stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ryder System in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" R shares.
View R analyst ratings
or view top-rated stocks.

What is Ryder System's stock price forecast for 2023?

4 equities research analysts have issued twelve-month target prices for Ryder System's stock. Their R share price forecasts range from $100.00 to $118.00. On average, they anticipate the company's share price to reach $104.60 in the next year. This suggests a possible upside of 4.0% 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 at the start of the year. Since then, R shares have increased by 20.3% and is now trading at $100.54.
View the best growth stocks for 2023 here
.

Are investors shorting Ryder System?

Ryder System saw a drop in short interest in the month of July. As of July 15th, there was short interest totaling 621,800 shares, a drop of 23.7% from the June 30th total of 815,400 shares. Based on an average daily trading volume, of 304,400 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.4% of the shares of the company 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, October 25th 2023.
View our R earnings forecast
.

How were Ryder System's earnings last quarter?

Ryder System, Inc. (NYSE:R) released its quarterly earnings data on Wednesday, July, 26th. The transportation company reported $3.61 earnings per share for the quarter, beating analysts' consensus estimates of $2.97 by $0.64. The transportation company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $3.05 billion. Ryder System had a net margin of 4.79% and a trailing twelve-month return on equity of 23.98%. The company's revenue was down 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.43 earnings per share.

How often does Ryder System pay dividends? What is the dividend yield for Ryder System?

Ryder System announced a quarterly dividend on Wednesday, July 12th. Investors of record on Monday, August 21st will be given a dividend of $0.71 per share on Friday, September 15th. This represents a $2.84 annualized dividend and a dividend yield of 2.82%. The ex-dividend date is Friday, August 18th. This is a positive change from the stock's previous quarterly dividend of $0.62.
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 2.44%. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, R will have a dividend payout ratio of 25.02% 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 of Directors has approved a share repurchase program on Wednesday, February 15th 2023, which allows the company to repurchase 2,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

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

Ryder System updated its third quarter 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share (EPS) guidance of $3.00-$3.25 for the period, compared to the consensus EPS estimate of $2.90. 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).

What is Ryder System's stock symbol?

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

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 BlackRock Inc. (9.95%), Dimensional Fund Advisors LP (3.61%), Earnest Partners LLC (3.57%), LSV Asset Management (3.04%), Geode Capital Management LLC (1.50%) and Bank of New York Mellon Corp (1.35%). 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.

What is Ryder System's stock price today?

One share of R stock can currently be purchased for approximately $100.54.

How much money does Ryder System make?

Ryder System (NYSE:R) has a market capitalization of $4.58 billion and generates $11.96 billion in revenue each year. The transportation company earns $867 million in net income (profit) each year or $11.54 on an earnings per share basis.

How many employees does Ryder System have?

The company employs 48,300 workers across the globe.

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.
Read More
How can I contact Ryder System?

Ryder System's mailing address is 11690 N.W. 105TH STREET, MIAMI FL, 33178. The official website for the company is www.ryder.com. The transportation company can be reached via phone at (305) 500-3726, via email at ryderforinvestors@ryder.com, or via fax at 305-593-4731.

This page (NYSE:R) was last updated on 8/14/2023 by MarketBeat.com Staff

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