Ryder Stock Target Raised to $250 by Wall Street Analysts

The transportation company, headquartered in Miami-Dade County, has attracted increased attention from investment banks following its quarterly earnings report on February 11. Ryder reported earnings per share of $3.59, falling short of analyst estimates of $3.66 by seven cents.

Despite missing earnings expectations, the company’s revenue of $2.60 billion for the quarter drew analyst interest, though it fell below estimates of $3.21 billion. Revenue declined 0.4% compared to the same quarter last year.

Wells Fargo raised its price target on Ryder shares from $210 to $236 and assigned an “overweight” rating Thursday. Morgan Stanley increased its target price from $190 to $250 with an “overweight” rating in December. JPMorgan Chase boosted its price target from $194 to $197 but maintained a “neutral” rating in October.

Seven research analysts have rated the stock with a buy rating and three issued hold ratings. According to MarketBeat, Ryder System maintains an average rating of “Moderate Buy” with a consensus price target of $215.44.

The company’s stock climbed 2.8% following the analyst upgrades. Ryder shares have gained momentum as institutional investors increased their positions in recent months.

State Street Corp lifted its position in Ryder shares by 0.4% during the second quarter, now holding 1,995,292 shares valued at $317.25 million. Orbis Allan Gray increased its position by 15.4% to 1,005,382 shares worth $159.86 million.

Bank of America raised its stake by 6.7% to 988,117 shares valued at $157.11 million. Sei Investments lifted its position by 3.5% to 883,338 shares worth $166.63 million. American Century Companies increased its holdings by 1.1% to 867,658 shares valued at $163.68 million.

Institutional investors own 87.47% of the company’s stock.

Ryder announced a quarterly dividend of $0.91 per share, payable March 20 to stockholders of record on February 17. The dividend represents an annualized rate of $3.64 and a yield of 1.7%. The company’s payout ratio stands at 30.74%.

The Miami-based company provided guidance for fiscal year 2026 of $13.45 to $14.45 earnings per share and first quarter 2026 guidance of $2.10 to $2.35 per share. Analysts anticipate Ryder will post $13.68 earnings per share for the current year.

Ryder System reported a net margin of 3.95% and return on equity of 17.70% in its most recent quarter. The company has maintained its position as a major player in the commercial vehicle rental and logistics sector from its Miami headquarters.