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NYSE:URI

United Rentals (URI) Stock Price, News & Analysis

$673.55
+6.78 (+1.02%)
(As of 05/24/2024 08:50 PM ET)
Today's Range
$662.12
$675.15
50-Day Range
$628.34
$721.11
52-Week Range
$330.30
$732.37
Volume
296,100 shs
Average Volume
558,012 shs
Market Capitalization
$44.85 billion
P/E Ratio
18.24
Dividend Yield
0.97%
Price Target
$600.79

United Rentals MarketRank™ Stock Analysis

Analyst Rating
Hold
2.23 Rating Score
Upside/​Downside
10.8% Downside
$600.79 Price Target
Short Interest
Healthy
3.77% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
1.71mentions of United Rentals in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$6.24 M Sold Last Quarter
Proj. Earnings Growth
7.87%
From $43.61 to $47.04 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.

3.65 out of 5 stars

Construction Sector

42nd out of 95 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

5th 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

Deep Dive Into United Rentals Stock: Analyst Perspectives (5 Ratings)
KeyBanc Keeps Their Hold Rating on United Rentals (URI)
Q1 2024 United Rentals Inc Earnings Call
Oppenheimer Reaffirms Their Hold Rating on United Rentals (URI)
United Rentals: Q1 Earnings Snapshot
United Rentals Declares Quarterly Cash Dividend
See More Headlines
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Company Calendar

Ex-Dividend for 2/28 Dividend
2/13/2024
Dividend Payable
2/28/2024
Last Earnings
4/24/2024
Ex-Dividend for 5/22 Dividend
5/07/2024
Dividend Payable
5/22/2024
Today
5/27/2024
Next Earnings (Estimated)
7/24/2024
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
$600.79
High Stock Price Target
$796.00
Low Stock Price Target
$400.00
Potential Upside/Downside
-10.8%
Consensus Rating
Hold
Rating Score (0-4)
2.23
Research Coverage
13 Analysts

Profitability

Net Income
$2.42 billion
Pretax Margin
22.79%

Debt

Sales & Book Value

Annual Sales
$14.33 billion
Cash Flow
$83.26 per share
Book Value
$121.94 per share

Miscellaneous

Free Float
66,237,000
Market Cap
$44.85 billion
Optionable
Optionable
Beta
1.82

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URI Stock Analysis - Frequently Asked Questions

Should I buy or sell United Rentals stock right now?

13 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, 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?

13 Wall Street analysts have issued 12 month price targets for United Rentals' stock. Their URI share price targets range from $400.00 to $796.00. On average, they expect the company's stock price to reach $600.79 in the next twelve months. This suggests that the stock has a possible downside of 10.8%.
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 the year. Since then, URI stock has increased by 17.5% and is now trading at $673.55.
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, July 24th 2024.
View our URI earnings forecast
.

How were United Rentals' earnings last quarter?

United Rentals, Inc. (NYSE:URI) posted its quarterly earnings results on Wednesday, April, 24th. The construction company reported $9.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $8.35 by $0.80. The construction company earned $3.49 billion during the quarter, compared to analyst estimates of $3.44 billion. United Rentals had a net margin of 17.31% and a trailing twelve-month return on equity of 36.44%. The firm's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $7.95 EPS.
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, April 24th. Shareholders of record on Wednesday, May 8th will be given a dividend of $1.63 per share on Wednesday, May 22nd. This represents a $6.52 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date is Tuesday, May 7th.
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 0.97%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, URI will have a dividend payout ratio of 13.86% 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 authorized a share repurchase program on Wednesday, January 24th 2024, which authorizes the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 3.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

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

United Rentals updated its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $15.0 billion-$15.5 billion, compared to the consensus revenue estimate of $15.0 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.20%), Capital Research Global Investors (9.56%), Capital World Investors (1.91%), Nordea Investment Management AB (0.91%), Capital International Investors (0.69%) and Bank of New York Mellon Corp (0.66%). Insiders that own company stock include Andrew B Limoges, Craig Adam Pintoff, Dale A Asplund, Jessica Graziano, Jose B Alvarez, Matthew John Flannery, Michael D Durand, 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 5/27/2024 by MarketBeat.com Staff

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