Ryder System (NYSE:R) issued its quarterly earnings data on Wednesday. The transportation company reported $1.21 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.32) by $1.53, MarketWatch Earnings reports. Ryder System had a positive return on equity of 0.29% and a negative net margin of 3.84%. During the same period in the prior year, the firm earned ($1.49) EPS.
Shares of NYSE R opened at $50.97 on Friday. The firm has a fifty day simple moving average of $45.72 and a two-hundred day simple moving average of $38.84. The firm has a market capitalization of $2.74 billion, a PE ratio of -8.10 and a beta of 1.96. The company has a current ratio of 0.77, a quick ratio of 0.75 and a debt-to-equity ratio of 3.10. Ryder System has a 12 month low of $22.62 and a 12 month high of $57.38.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Monday, November 23rd will be paid a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date of this dividend is Friday, November 20th. Ryder System’s payout ratio is 45.16%.
Ryder System Company Profile
Ryder System, Inc provides transportation and supply chain management solutions worldwide. The company operates through three segments: Fleet Management Solutions (FMS), Dedicated Transportation Solutions (DTS), and Supply Chain Solutions (SCS). The FMS segment offers full service leasing and leasing with flexible maintenance options, as well as maintenance services, supplies, and related equipment for operation of the vehicles; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers, as well as fleet support services.
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