Ryder System (R) Declares $0.56 Quarterly Dividend; 6.4% Yield

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CFRA Downgrades Ryder Systems (R) to Sell

April 30, 2020 10:07 AM EDT

CFRA downgraded Ryder Systems (NYSE: R) from Hold to Sell.

For an analyst ratings summary and ratings history on Ryder Systems click here. For more ratings news on Ryder Systems click here.

Shares of Ryder Systems closed at $34.89 yesterday.

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Ryder Systems (R) PT Raised to $40 at SunTrust

April 30, 2020 7:06 AM EDT

SunTrust analyst Stephanie Benjamin raised the price target on Ryder Systems (NYSE: R) to $40.00 (from $35.00) while maintaining a Buy rating.... More

Ryder System (R) Misses Q1 EPS by 60c

April 29, 2020 7:57 AM EDT

Ryder System (NYSE: R) reported Q1 EPS of ($1.38), $0.60 worse than the analyst estimate of ($0.78). Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.11 billion.

COVID-19 Impacts to Date and Outlook

Ryder enhanced its solid liquidity position in April by executing a $400 million syndicated term loan, completing a $400 million public bond offering, and renewing its $300 million receivable-backed financing facility. The company's solid liquidity position as of April 28, 2020 includes approximately $1 billion in cash in the U.S., $565 million in available revolver borrowings, and $100 million in availability under its receivable-backed financing facility.... More