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NYSE:R

Ryder System (R) Stock Forecast, Price & News

$81.13
+0.16 (+0.20%)
(As of 05/18/2023 ET)
Compare
Today's Range
$79.50
$81.17
50-Day Range
$77.43
$90.98
52-Week Range
$65.69
$102.36
Volume
284,644 shs
Average Volume
286,343 shs
Market Capitalization
$3.77 billion
P/E Ratio
4.88
Dividend Yield
3.06%
Price Target
$99.00

Ryder System MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
22.0% Upside
$99.00 Price Target
Short Interest
Bearish
3.13% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.34mentions of Ryder System in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$262,007 Sold Last Quarter
Proj. Earnings Growth
-7.54%
From $11.80 to $10.91 Per Share

Overall MarketRank

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

2.28 out of 5 stars

Transportation Sector

58th out of 122 stocks

Automotive Rental & Leasing, Without Drivers Industry

3rd out of 6 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.

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R Stock News Headlines

[BREAKING] New "Living Software" to Revolutionize Warfare
This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>
Ryder Announces New Headquarters in Coral Gables
[BREAKING] New "Living Software" to Revolutionize Warfare
This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>
Ryder System (NYSE:R) PT Lowered to $105.00 at Stifel Nicolaus
Ryder System Expects Loss in 2Q From UK Exit
Ryder System Increases Low End Of Full-year Comparable EPS Forecast
Ryder Reports First Quarter 2023 Results
Ryder System (R) Scheduled to Post Earnings on Wednesday
See More Headlines
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R Company Calendar

Ex-Dividend for 3/17 Dividend
2/17/2023
Dividend Payable
3/17/2023
Last Earnings
4/26/2023
Today
5/18/2023
Ex-Dividend for 6/16 Dividend
5/19/2023
Dividend Payable
6/16/2023
Next Earnings (Estimated)
7/26/2023
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
$99.00
High Stock Price Forecast
$110.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+22.0%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$867 million
Pretax Margin
9.62%

Debt

Sales & Book Value

Annual Sales
$12.01 billion
Cash Flow
$54.09 per share
Book Value
$64.63 per share

Miscellaneous

Free Float
44,632,000
Market Cap
$3.77 billion
Optionable
Optionable
Beta
1.56

Social Links


Key Executives

  • Robert E. Sanchez
    Chairman & Chief Executive Officer
  • John J. Diez
    Chief Financial Officer & Executive Vice President
  • Rajeev RavindranRajeev Ravindran
    Chief Information Officer & Senior Vice President
  • Kendra Phillips
    Chief Technology Officer
  • Bob Fatovic
    Secretary, Chief Legal Officer & Executive VP













R Stock - Frequently Asked Questions

Should I buy or sell Ryder System stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ryder System in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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 forecast for 2023?

4 Wall Street analysts have issued 12 month target prices for Ryder System's shares. Their R share price forecasts range from $80.00 to $110.00. On average, they anticipate the company's stock price to reach $99.00 in the next year. This suggests a possible upside of 22.0% 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 stock has decreased by 2.9% and is now trading at $81.13.
View the best growth stocks for 2023 here
.

When is Ryder System's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our R earnings forecast
.

How were Ryder System's earnings last quarter?

Ryder System, Inc. (NYSE:R) posted its earnings results on Wednesday, April, 26th. The transportation company reported $2.81 EPS for the quarter, missing the consensus estimate of $2.96 by $0.15. The transportation company earned $2.95 billion during the quarter, compared to analyst estimates of $2.99 billion. Ryder System had a net margin of 6.86% and a trailing twelve-month return on equity of 26.40%. The company's revenue for the quarter was up 3.4% on a year-over-year basis. During the same period last year, the business earned $3.59 earnings per share.

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

Ryder System declared a quarterly dividend on Friday, May 5th. Shareholders of record on Monday, May 22nd will be given a dividend of $0.62 per share on Friday, June 16th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date is Friday, May 19th.
Read our dividend analysis for R
.

Is Ryder System a good dividend stock?

Ryder System (NYSE:R) pays an annual dividend of $2.48 per share and currently has a dividend yield of 3.13%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 14.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, R will have a dividend payout ratio of 22.73% 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 announced that its board has initiated a share repurchase 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

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

Ryder System issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $11.30-$12.05 for the period, compared to the consensus earnings per share estimate of $11.84. The company issued revenue guidance of $9.65 billion-$9.65 billion, compared to the consensus revenue estimate of $12.30 billion.

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (10.63%), State Street Corp (3.52%), Dimensional Fund Advisors LP (3.28%), LSV Asset Management (2.92%), Bank of America Corp DE (1.57%) and Arrowstreet Capital Limited Partnership (1.54%). 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 and Scott T Parker.
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 $81.13.

How much money does Ryder System make?

Ryder System (NYSE:R) has a market capitalization of $3.77 billion and generates $12.01 billion in revenue each year. The transportation company earns $867 million in net income (profit) each year or $16.64 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 5/18/2023 by MarketBeat.com Staff

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