NYSE:URI

United Rentals (URI) Stock Price, News & Analysis

$661.99
+32.69 (+5.19%)
(As of 04/23/2024 ET)
Today's Range
$638.65
$664.40
50-Day Range
$628.34
$721.11
52-Week Range
$325.15
$732.37
Volume
597,752 shs
Average Volume
581,718 shs
Market Capitalization
$44.47 billion
P/E Ratio
18.73
Dividend Yield
0.98%
Price Target
$589.21

United Rentals MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
11.0% Downside
$589.21 Price Target
Short Interest
Healthy
3.61% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
0.92mentions of United Rentals in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$508,106 Sold Last Quarter
Proj. Earnings Growth
7.51%
From $43.13 to $46.37 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.47 out of 5 stars

Construction Sector

15th out of 97 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

3rd out of 12 stocks

URI stock logo

About United Rentals Stock (NYSE:URI)

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. The specialty segment rents specialty construction products, including trench safety equipment consists of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and heating, ventilating, and air conditioning equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment; fluid solutions equipment for fluid containment, transfer, and treatment; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. It also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. The company sells used equipment through its sales force, brokers, website, at auctions, and directly to manufacturers. The company operates in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.

URI Stock Price History

URI Stock News Headlines

URI Apr 2024 590.000 put
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top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
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URI Quantitative Stock Analysis
URI Apr 2024 780.000 call
United Rentals: Take Profits While You Can
United Rentals: Wonderful Company, Terrible Price
Bernstein Remains a Sell on United Rentals (URI)
URI Apr 2024 800.000 call
See More Headlines
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Company Calendar

Last Earnings
1/24/2024
Ex-Dividend for 2/28 Dividend
2/13/2024
Dividend Payable
2/28/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
Trading Companies & Distributors
CUSIP
91136310
Employees
26,300
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$589.21
High Stock Price Target
$793.00
Low Stock Price Target
$400.00
Potential Upside/Downside
-11.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$2.42 billion
Pretax Margin
22.40%

Debt

Sales & Book Value

Annual Sales
$14.33 billion
Cash Flow
$87.77 per share
Book Value
$121.00 per share

Miscellaneous

Free Float
66,841,000
Market Cap
$44.51 billion
Optionable
Optionable
Beta
1.84

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Should I Buy United Rentals Stock? URI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in United Rentals, Inc.:

  • United Rentals, Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company's diverse range of equipment offerings, including backhoes, forklifts, and aerial work platforms, caters to a wide customer base, reducing dependency on specific industries.
  • United Rentals, Inc. has a solid track record of profitability, which is an attractive factor for investors seeking stable returns.
  • Recent market trends show an increasing demand for rental equipment services, positioning United Rentals, Inc. in a favorable market environment.
  • Despite market fluctuations, United Rentals, Inc.'s stock price has remained relatively resilient, offering potential stability to investors.

Cons

Investors should be bearish about investing in United Rentals, Inc. for these reasons:

  • The equipment rental industry is highly competitive, leading to potential pricing pressures that could impact United Rentals, Inc.'s margins.
  • As a company heavily reliant on the construction sector, economic downturns or slowdowns in construction activities could adversely affect United Rentals, Inc.'s business performance.
  • Fluctuations in interest rates could impact United Rentals, Inc.'s borrowing costs, potentially affecting its profitability.
  • Changes in government regulations related to equipment safety standards or environmental policies could increase compliance costs for United Rentals, Inc.
  • Investing in United Rentals, Inc. involves exposure to market risks, including volatility in stock prices and broader economic uncertainties.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these United Rentals pros and cons to contact@marketbeat.com.

URI Stock Analysis - Frequently Asked Questions

Should I buy or sell United Rentals stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for United Rentals in the last year. There are currently 3 sell ratings, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" URI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in URI, but not buy additional shares or sell existing shares.
View URI analyst ratings
or view top-rated stocks.

What is United Rentals' stock price target for 2024?

12 Wall Street research analysts have issued 1-year target prices for United Rentals' shares. Their URI share price targets range from $400.00 to $793.00. On average, they predict the company's share price to reach $589.21 in the next twelve months. This suggests that the stock has a possible downside of 11.0%.
View analysts price targets for URI
or view top-rated stocks among Wall Street analysts.

How have URI shares performed in 2024?

United Rentals' stock was trading at $573.42 at the start of the year. Since then, URI shares have increased by 15.4% and is now trading at $661.99.
View the best growth stocks for 2024 here
.

When is United Rentals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our URI earnings forecast
.

How can I listen to United Rentals' earnings call?

United Rentals will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-6054 with passcode "24462".

How were United Rentals' earnings last quarter?

United Rentals, Inc. (NYSE:URI) announced its quarterly earnings data on Wednesday, January, 24th. The construction company reported $11.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $10.85 by $0.41. The construction company had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.63 billion. United Rentals had a net margin of 16.91% and a trailing twelve-month return on equity of 36.80%. The firm's revenue was up 13.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $9.74 EPS.
Read the conference call transcript
.

How often does United Rentals pay dividends? What is the dividend yield for United Rentals?

United Rentals declared a quarterly dividend on Wednesday, January 24th. Stockholders of record on Wednesday, February 14th will be given a dividend of $1.63 per share on Wednesday, February 28th. This represents a $6.52 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Tuesday, February 13th. This is a boost from the stock's previous quarterly dividend of $1.48.
Read our dividend analysis for URI
.

Is United Rentals a good dividend stock?

United Rentals (NYSE:URI) pays an annual dividend of $6.52 per share and currently has a dividend yield of 1.04%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, URI will have a dividend payout ratio of 14.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for URI.

How will United Rentals' stock buyback program work?

United Rentals declared that its Board of Directors has initiated a share buyback program on Wednesday, January 24th 2024, which authorizes the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 3.8% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's management believes its shares are undervalued.

What guidance has United Rentals issued on next quarter's earnings?

United Rentals updated its FY 2024 earnings guidance on Thursday, January, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $14.7 billion-$15.2 billion, compared to the consensus revenue estimate of $14.8 billion.

What is Matthew Flannery's approval rating as United Rentals' CEO?

144 employees have rated United Rentals Chief Executive Officer Matthew Flannery on Glassdoor.com. Matthew Flannery has an approval rating of 96% among the company's employees. This puts Matthew Flannery in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of United Rentals own?
Who are United Rentals' major shareholders?

United Rentals' stock is owned by many different retail and institutional investors. Top institutional investors include AMF Tjanstepension AB (0.38%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), Raymond James & Associates (0.17%), Raymond James Financial Services Advisors Inc. (0.09%), Atwood & Palmer Inc. (0.08%) and F&V Capital Management LLC (0.05%). Insiders that own company stock include Andrew B Limoges, Craig Adam Pintoff, Dale A Asplund, Jessica Graziano, Jose B Alvarez, Matthew John Flannery, Shiv Singh and William E Grace.
View institutional ownership trends
.

How do I buy shares of United Rentals?

Shares of URI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does United Rentals have any subsidiaries?
The following companies are subsidiares of United Rentals: Atlantic Rentals, BakerCorp International Holdings Inc., Blue Mountain Equipment Rental, Blue-Stream Services, BlueLine Rental, Coble Trench Safety, General Finance Corporation, Harbor Point Insurance Company, Leasco Equipment Services, NES Rentals Holdings, National Pump, Neff Rental, Portland U-Rent-It, RSC Holdings, Sandvick Equipment & Supply, Skyreach Equipment, Southern Frac LLC, U.S. Rentals, URVI Inc., United Rentals (Delaware) Inc., United Rentals (North America) Inc., United Rentals Asia Pacific Holdings Pty Ltd, United Rentals Australia Pty Ltd, United Rentals B.V., United Rentals Highway Technologies Gulf LLC, United Rentals International B.V., United Rentals Management GmbH, United Rentals New Zealand, United Rentals PR Inc., United Rentals Realty LLC, United Rentals Receivables LLC II, United Rentals S.A.S., United Rentals U.S. Australasia Holdings Inc, United Rentals UK Limited, and United Rentals of Canada Inc..
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This page (NYSE:URI) was last updated on 4/23/2024 by MarketBeat.com Staff

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