AMERCO - UHAL Stock Forecast, Price & News

AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane. It also provides uhaul.com, an online marketplace that connects consumers to independent Moving Help service providers and independent self-storage affiliates; auto transport and tow dolly options to transport vehicles; and specialty boxes for dishes, computers, flat screen television, and sensitive electronic equipment, as well as tapes, security locks, and packing supplies. This segment rents its products and services through a network of approximately 2,100 company operated retail moving stores and 21,100 independent U-Haul dealers. As of March 31, 2022, it had a rental fleet of approximately 186,000 trucks, 128,000 trailers, and 46,000 towing devices; and 1,844 self-storage locations with approximately 876,000 rentable storage units. The company's Property and Casualty Insurance segment offers loss adjusting and claims handling services. It also provides moving and storage protection packages, such as Safemove and Safetow packages, which offer moving and towing customers with a damage waiver, cargo protection, and medical and life insurance coverage; Safestor that protects storage customers from loss on their goods in storage; Safestor Mobile, which protects customers stored belongings; and Safemove Plus, which provides rental customers with a layer of primary liability protection. The company's Life Insurance segment provides life and health insurance products primarily to the senior market through the direct writing and reinsuring of life insurance, medicare supplement, and annuity policies. AMERCO was founded in 1945 and is based in Reno, Nevada.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of AMERCO from a "buy" rating to a "hold" rating in a report on Friday.

AMERCO Price Performance

Shares of NASDAQ:UHAL traded up $13.00 during midday trading on Tuesday, reaching $590.65. The company's stock had a trading volume of 40,526 shares, compared to its average volume of 51,990. The company has a current ratio of 5.14, a quick ratio of 4.91 and a debt-to-equity ratio of 1.00. The company has a 50 day moving average price of $498.02 and a 200 day moving average price of $540.45. AMERCO has a one year low of $447.92 and a one year high of $769.90. The company has a market cap of $11.58 billion, a price-to-earnings ratio of 10.42 and a beta of 0.95.

AMERCO (NASDAQ:UHAL - Get Rating) last released its earnings results on Wednesday, May 25th. The transportation company reported $4.42 EPS for the quarter, missing analysts' consensus estimates of $7.38 by ($2.96). AMERCO had a return on equity of 18.58% and a net margin of 18.96%. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.24 billion. During the same quarter in the previous year, the firm earned $3.76 earnings per share. On average, equities research analysts expect that AMERCO will post 58.27 EPS for the current year.