S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
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How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Freshworks gets juiced on its AI customer engagement platform
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Freshworks gets juiced on its AI customer engagement platform
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Freshworks gets juiced on its AI customer engagement platform
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months

United Rentals (URI) Stock Price, News & Analysis

$495.06
+11.04 (+2.28%)
(As of 12/8/2023 ET)
Compare
Today's Range
$483.47
$498.96
50-Day Range
$399.16
$501.75
52-Week Range
$325.15
$505.15
Volume
556,660 shs
Average Volume
668,249 shs
Market Capitalization
$33.56 billion
P/E Ratio
14.35
Dividend Yield
1.20%
Price Target
$455.08

United Rentals MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
8.1% Downside
$455.08 Price Target
Short Interest
Bearish
5.15% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
0.24mentions of United Rentals in the last 14 days
Based on 25 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.09%
From $41.07 to $43.16 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Construction Sector

42nd out of 90 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

8th 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 a network of 1,521 rental locations 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

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
United Rentals (NYSE:URI) Downgraded to "Neutral" at UBS Group
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
UBS Downgrades United Rentals (URI)
Keybanc Downgrades United Rentals (URI)
URI Stock, Hotel Chain Break Out To New Highs
United Rentals Inc's Dividend Analysis
See More Headlines
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Company Calendar

Last Earnings
10/25/2023
Ex-Dividend for 11/22 Dividend
11/07/2023
Dividend Payable
11/22/2023
Today
12/10/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/24/2024

Industry, Sector and Symbol

Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
Trading Companies & Distributors
CUSIP
91136310
Employees
24,600
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$455.08
High Stock Price Target
$525.00
Low Stock Price Target
$320.00
Potential Upside/Downside
-8.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
12 Analysts

Profitability

Net Income
$2.11 billion
Pretax Margin
23.05%

Debt

Sales & Book Value

Annual Sales
$11.64 billion
Cash Flow
$65.48 per share
Book Value
$101.89 per share

Miscellaneous

Free Float
67,422,000
Market Cap
$33.56 billion
Optionable
Optionable
Beta
1.82

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of United Rentals was last updated on Sunday, December 3, 2023 at 5:00 PM.

Pros

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

  • Strong Financial Performance: United Rentals has consistently shown strong financial performance, with a net margin of 17.15% and a return on equity of 37.00%. This indicates that the company is efficiently utilizing its resources and generating profits for its shareholders.
  • Revenue Growth: The company's revenue for the quarter was up 23.4% compared to the same quarter last year. This demonstrates that United Rentals is experiencing growth in its business and expanding its market presence.
  • Dividend Payments: United Rentals recently announced a quarterly dividend, which indicates that the company is returning profits to its shareholders. This can be an attractive feature for investors looking for regular income from their investments.
  • Institutional Support: Several institutional investors and hedge funds have recently bought shares of United Rentals, including Healthcare of Ontario Pension Plan Trust Fund and Raymond James Trust N.A. This institutional support can provide stability and confidence in the company's prospects.
  • Industry Leadership: United Rentals is a leading equipment rental company in the industry, operating in both general rentals and specialty segments. Its extensive network of rental locations and diverse product offerings position it well to capitalize on the demand for equipment rental services.

Cons

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

  • Market Volatility: The stock market can be volatile, and the price of United Rentals' stock may fluctuate significantly. Investors should be prepared for potential price volatility and consider their risk tolerance before investing.
  • Economic Downturn: United Rentals' business is closely tied to the construction industry and overall economic conditions. During an economic downturn, demand for construction equipment rental services may decline, which could negatively impact the company's financial performance.
  • Competition: The equipment rental industry is highly competitive, with numerous players vying for market share. United Rentals faces competition from both large and small companies, which could potentially impact its market position and profitability.
  • Regulatory Risks: The equipment rental industry is subject to various regulations, including safety and environmental regulations. Compliance with these regulations can be costly and may impact the company's operations and profitability.
  • Dependence on Construction Industry: United Rentals' success is closely tied to the health of the construction industry. Any slowdown or downturn in the construction sector could have a negative impact on the company's financial performance.














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 2 sell ratings, 4 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 brokerages have issued 1-year price targets for United Rentals' shares. Their URI share price targets range from $320.00 to $525.00. On average, they expect the company's stock price to reach $455.08 in the next twelve months. This suggests that the stock has a possible downside of 8.1%.
View analysts price targets for URI
or view top-rated stocks among Wall Street analysts.

How have URI shares performed in 2023?

United Rentals' stock was trading at $355.42 at the beginning of 2023. Since then, URI shares have increased by 39.3% and is now trading at $495.06.
View the best growth stocks for 2023 here
.

When is United Rentals' next earnings date?

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

How were United Rentals' earnings last quarter?

United Rentals, Inc. (NYSE:URI) announced its earnings results on Wednesday, October, 25th. The construction company reported $11.73 EPS for the quarter, beating analysts' consensus estimates of $11.32 by $0.41. The construction company had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $3.69 billion. United Rentals had a trailing twelve-month return on equity of 37.00% and a net margin of 17.15%. The company's revenue was up 23.4% compared to the same quarter last year. During the same period in the prior year, the company earned $9.27 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, October 25th. Investors of record on Wednesday, November 8th will be paid a dividend of $1.48 per share on Wednesday, November 22nd. This represents a $5.92 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend is Tuesday, November 7th.
Read our dividend analysis for URI
.

Is United Rentals a good dividend stock?

United Rentals (NYSE:URI) pays an annual dividend of $5.92 per share and currently has a dividend yield of 1.20%. The dividend payout ratio is 17.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, URI will have a dividend payout ratio of 13.72% 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 approved a stock buyback plan on Wednesday, October 26th 2022, which authorizes the company to buyback $1,250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 5.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

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

United Rentals issued an update on its FY 2023 earnings guidance on Wednesday, October, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $14.10 billion-$14.30 billion, compared to the consensus revenue estimate of $14.21 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other United Rentals investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Micron Technology (MU), AutoZone (AZO) and Transocean (RIG).

Who are United Rentals' major shareholders?

United Rentals' stock is owned by many different retail and institutional investors. Top institutional investors include FMR LLC (3.04%), Morgan Stanley (2.13%), Boston Partners (1.46%), Impax Asset Management Group plc (1.42%), Invesco Ltd. (1.38%) and Nordea Investment Management AB (1.09%). Insiders that own company stock include Andrew B Limoges, Craig Adam Pintoff, Dale A Asplund, Jessica Graziano, Jose B Alvarez, Matthew John Flannery, Michael Kneeland, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/10/2023 by MarketBeat.com Staff

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