Ryder System (R) Expected to Announce Quarterly Earnings on Wednesday

Ryder System (NYSE:R - Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $2.40 per share and revenue of $3.17 billion for the quarter. Ryder System has set its FY 2025 guidance at 13.000-14.000 EPS and its Q1 2025 guidance at 2.300-2.550 EPS.Persons interested in participating in the company's earnings conference call can do so using this link.

Ryder System (NYSE:R - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The transportation company reported $3.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.39 by $0.06. Ryder System had a net margin of 3.87% and a return on equity of 17.23%. On average, analysts expect Ryder System to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Ryder System Trading Up 0.3 %

NYSE:R traded up $0.43 on Friday, hitting $138.55. The stock had a trading volume of 655,270 shares, compared to its average volume of 307,755. The company has a fifty day moving average price of $148.26 and a two-hundred day moving average price of $154.63. Ryder System has a 1-year low of $108.36 and a 1-year high of $171.78. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock has a market cap of $5.78 billion, a price-to-earnings ratio of 12.49 and a beta of 1.10.

Ryder System Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, February 18th were issued a $0.81 dividend. This represents a $3.24 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date was Tuesday, February 18th. Ryder System's dividend payout ratio is presently 29.22%.

Wall Street Analyst Weigh In

A number of research firms have commented on R. JPMorgan Chase & Co. reduced their target price on Ryder System from $176.00 to $174.00 and set a "neutral" rating on the stock in a research report on Thursday, February 13th. StockNews.com lowered shares of Ryder System from a "buy" rating to a "hold" rating in a report on Wednesday, March 26th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Ryder System presently has an average rating of "Moderate Buy" and a consensus price target of $157.00.

About Ryder System

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.