S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
NYSE:URI

United Rentals (URI) Stock Price, News & Analysis

$674.81
-10.88 (-1.59%)
(As of 04/12/2024 ET)
Today's Range
$668.77
$685.43
50-Day Range
$636.55
$721.11
52-Week Range
$325.15
$732.37
Volume
594,512 shs
Average Volume
462,652 shs
Market Capitalization
$45.33 billion
P/E Ratio
19.09
Dividend Yield
0.97%
Price Target
$584.07

United Rentals MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
13.4% Downside
$584.07 Price Target
Short Interest
Healthy
3.61% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
1.28mentions of United Rentals in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$508,106 Sold Last Quarter
Proj. Earnings Growth
7.18%
From $43.05 to $46.14 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.

4.43 out of 5 stars

Construction Sector

13th out of 92 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

3rd out of 11 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 780.000 call
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
United Rentals: Take Profits While You Can
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
United Rentals: Wonderful Company, Terrible Price
Bernstein Remains a Sell on United Rentals (URI)
URI Apr 2024 800.000 call
URI Mar 2024 662.500 call
URI Mar 2024 690.000 put
URI Sep 2024 440.000 put
URI Jan 2026 440.000 put
URI Mar 2024 672.500 put
United Rentals Completes Acquisition of Yak Access
United Rentals Completes Acquisition of Yak Access
KeyBanc Reaffirms Their Hold Rating on United Rentals (URI)
10 Analysts Have This To Say About United Rentals
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
4/13/2024
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
$584.07
High Stock Price Target
$793.00
Low Stock Price Target
$400.00
Potential Upside/Downside
-13.4%
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
$81.89 per share
Book Value
$121.00 per share

Miscellaneous

Free Float
66,814,000
Market Cap
$45.33 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 has a diversified customer base, including construction companies, manufacturers, utilities, municipalities, homeowners, and government entities, reducing dependency on a single sector.
  • United Rentals, Inc. operates in two segments, General Rentals and Specialty, providing a wide range of equipment rental services to cater to different industry needs.
  • With the increasing focus on infrastructure development, United Rentals, Inc. is well-positioned to benefit from the growing demand for construction and industrial equipment.
  • Considering the current stock price and the company's growth potential, United Rentals, Inc. may present a good investment opportunity for those looking for long-term gains.

Cons

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

  • The equipment rental industry is highly competitive, which could potentially impact United Rentals, Inc.'s market share and pricing power.
  • Fluctuations in the construction and industrial sectors could affect the demand for rental equipment, leading to revenue volatility for United Rentals, Inc.
  • As an equipment rental company, United Rentals, Inc. is exposed to risks associated with equipment maintenance, repair, and depreciation, which could impact profitability.
  • Economic downturns or slowdowns in construction activities could negatively impact the company's financial performance and stock price.
  • Investors should carefully monitor market trends and economic indicators to assess the potential risks before investing in United Rentals, Inc.
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 Tuesday, April 9, 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 twelve months. 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 brokers have issued twelve-month price targets for United Rentals' shares. Their URI share price targets range from $400.00 to $793.00. On average, they anticipate the company's share price to reach $584.07 in the next year. This suggests that the stock has a possible downside of 13.4%.
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 beginning of 2024. Since then, URI stock has increased by 17.7% and is now trading at $674.81.
View the best growth stocks for 2024 here
.

Are investors shorting United Rentals?

United Rentals saw a drop in short interest in February. As of February 29th, there was short interest totaling 2,690,000 shares, a drop of 15.7% from the February 14th total of 3,190,000 shares. Based on an average trading volume of 627,300 shares, the days-to-cover ratio is presently 4.3 days. Currently, 4.0% of the shares of the stock are sold short.
View United Rentals' Short Interest
.

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) issued its quarterly earnings results on Wednesday, January, 24th. The construction company reported $11.26 earnings per share for the quarter, beating the consensus estimate of $10.85 by $0.41. The construction company earned $3.73 billion during the quarter, compared to analysts' expectations of $3.63 billion. United Rentals had a trailing twelve-month return on equity of 36.80% and a net margin of 16.91%. United Rentals's revenue was up 13.1% compared to the same quarter last year. During the same quarter last year, the company earned $9.74 earnings per share.
Read the conference call transcript
.

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

United Rentals announced 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 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date is Tuesday, February 13th. This is an increase 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 0.95%. 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 14.13% 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 has initiated a share buyback plan on Wednesday, January 24th 2024, which permits the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 3.8% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.

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

United Rentals issued an update on its FY 2024 earnings guidance on Thursday, January, 25th. The company provided earnings per share (EPS) 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 institutional and retail investors. Top institutional shareholders include Atwood & Palmer Inc. (0.08%), Douglas Lane & Associates LLC (0.03%), Central Bank & Trust Co. (0.02%), Czech National Bank (0.02%), Los Angeles Capital Management LLC (0.02%) and Fulton Bank N.A. (0.02%). 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 4/14/2024 by MarketBeat.com Staff

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