Ryder System (NYSE:R) Issues Earnings Results, Beats Estimates By $0.06 EPS

Ryder System (NYSE:R) posted its earnings results on Wednesday. The transportation company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.39 by $0.06, Zacks reports. Ryder System had a net margin of 3.83% and a return on equity of 16.78%. Ryder System updated its FY 2025 guidance to 13.000-14.000 EPS and its Q1 2025 guidance to 2.300-2.550 EPS.

Ryder System Stock Performance

Shares of Ryder System stock traded down $0.44 on Thursday, reaching $162.52. The stock had a trading volume of 13,969 shares, compared to its average volume of 330,875. The business’s 50-day moving average price is $160.31 and its two-hundred day moving average price is $151.61. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.74 and a current ratio of 0.74. Ryder System has a fifty-two week low of $106.62 and a fifty-two week high of $171.78. The stock has a market cap of $6.87 billion, a P/E ratio of 15.17 and a beta of 1.29.

Ryder System Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Tuesday, February 18th will be paid a $0.81 dividend. This represents a $3.24 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Tuesday, February 18th. Ryder System’s payout ratio is 30.31%.

Wall Street Analysts Forecast Growth

Several analysts have commented on R shares. JPMorgan Chase & Co. decreased their target price on shares of Ryder System from $148.00 to $144.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. The Goldman Sachs Group boosted their target price on shares of Ryder System from $160.00 to $183.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Finally, StockNews.com downgraded shares of Ryder System from a “buy” rating to a “hold” rating in a research report on Tuesday, October 29th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $147.43.

Ryder System Company Profile

Ryder System, Inc operates as a logistics and transportation company worldwide. It operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full-service leasing and leasing with flexible maintenance options; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers; access to diesel fuel; and fuel planning and tax reporting, cards, and monitoring services, and centralized billing, as well as sells used vehicles through its retail sales centers and www.ryder.com/used-trucks website, as well as digital and technology support services.