Zacks Research Cuts Earnings Estimates for United Rentals

Key Points

• Zacks Research has cut its Q1 2026 earnings estimates for United Rentals to $9.61 per share, down from a prior forecast of $9.69, reflecting a downward trend in expectations.
• United Rentals reported Q2 earnings of $10.47 per share, which was below analyst expectations, although revenue surpassed forecasts with a tally of $3.94 billion.
• The company declared a quarterly dividend of $1.79, contributing to an annualized dividend yield of 0.8%, with an impressive payout ratio of 18.52%.

United Rentals, Inc. (NYSE:URI - Free Report) - Equities researchers at Zacks Research decreased their Q1 2026 earnings per share estimates for United Rentals in a report released on Tuesday, August 12th. Zacks Research analyst R. Department now anticipates that the construction company will earn $9.61 per share for the quarter, down from their prior forecast of $9.69. The consensus estimate for United Rentals' current full-year earnings is $44.80 per share. Zacks Research also issued estimates for United Rentals' Q3 2026 earnings at $12.72 EPS, Q4 2026 earnings at $13.62 EPS, Q1 2027 earnings at $11.38 EPS, Q2 2027 earnings at $13.10 EPS and FY2027 earnings at $52.36 EPS.

United Rentals (NYSE:URI - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The construction company reported $10.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $10.54 by ($0.07). The company had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.90 billion. United Rentals had a return on equity of 32.01% and a net margin of 16.11%. The firm's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the previous year, the company earned $10.70 EPS.

A number of other research firms have also recently issued reports on URI. Argus set a $935.00 price target on shares of United Rentals in a report on Tuesday. JPMorgan Chase & Co. upped their price objective on shares of United Rentals from $920.00 to $950.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. UBS Group increased their price target on shares of United Rentals from $780.00 to $835.00 and gave the stock a "neutral" rating in a research report on Thursday, July 24th. Morgan Stanley increased their price target on shares of United Rentals from $702.00 to $955.00 and gave the stock an "overweight" rating in a research report on Monday, July 28th. Finally, Robert W. Baird increased their price target on shares of United Rentals from $535.00 to $571.00 and gave the stock a "neutral" rating in a research report on Friday, April 25th. One analyst has rated the stock with a sell rating, five have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $834.64.

United Rentals Stock Up 5.6%

Shares of United Rentals stock opened at $918.42 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 0.86 and a debt-to-equity ratio of 1.34. United Rentals has a 12-month low of $525.91 and a 12-month high of $918.72. The stock has a 50 day moving average price of $788.26 and a two-hundred day moving average price of $704.88. The stock has a market capitalization of $59.09 billion, a P/E ratio of 23.66, a PEG ratio of 2.01 and a beta of 1.72.

Institutional Investors Weigh In On United Rentals

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CreativeOne Wealth LLC increased its stake in United Rentals by 0.5% in the 2nd quarter. CreativeOne Wealth LLC now owns 2,283 shares of the construction company's stock valued at $1,720,000 after buying an additional 11 shares during the last quarter. Bank of Jackson Hole Trust increased its stake in United Rentals by 12.0% in the 2nd quarter. Bank of Jackson Hole Trust now owns 112 shares of the construction company's stock valued at $84,000 after buying an additional 12 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in United Rentals by 5.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 264 shares of the construction company's stock valued at $199,000 after buying an additional 13 shares during the last quarter. Cooper Financial Group increased its stake in United Rentals by 1.6% in the 2nd quarter. Cooper Financial Group now owns 807 shares of the construction company's stock valued at $608,000 after buying an additional 13 shares during the last quarter. Finally, Forum Financial Management LP increased its stake in United Rentals by 1.9% in the 4th quarter. Forum Financial Management LP now owns 749 shares of the construction company's stock valued at $528,000 after buying an additional 14 shares during the last quarter. 96.26% of the stock is currently owned by institutional investors and hedge funds.

United Rentals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th will be paid a $1.79 dividend. This represents a $7.16 annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, August 13th. United Rentals's payout ratio is presently 18.52%.

About United Rentals

United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.

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