United Rentals - URI Stock Forecast, Price & News

11 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, 2 hold ratings and 7 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.
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11 Wall Street research analysts have issued twelve-month price objectives for United Rentals' stock. Their URI share price forecasts range from $269.00 to $544.00. On average, they anticipate the company's share price to reach $436.46 in the next year. This suggests that the stock has a possible downside of 4.3%.
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United Rentals' stock was trading at $355.42 on January 1st, 2023. Since then, URI stock has increased by 28.3% and is now trading at $455.85.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our URI earnings forecast.

United Rentals, Inc. (NYSE:URI) issued its quarterly earnings data on Wednesday, January, 25th. The construction company reported $9.74 earnings per share for the quarter, missing analysts' consensus estimates of $10.12 by $0.38. The construction company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.29 billion. United Rentals had a net margin of 18.08% and a trailing twelve-month return on equity of 36.12%. The company's quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter last year, the business posted $7.39 earnings per share.
Read the conference call transcript.

United Rentals declared a quarterly dividend on Wednesday, January 25th. Shareholders of record on Wednesday, February 8th will be paid a dividend of $1.48 per share on Wednesday, February 22nd. This represents a $5.92 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Tuesday, February 7th.
Read our dividend analysis for URI.

United Rentals declared that its board has authorized a share buyback program 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 purchase up to 5.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

United Rentals updated its FY 2023 earnings guidance on Wednesday, January, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $13.70 billion-$14.20 billion, compared to the consensus revenue estimate of $13.46 billion.

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.

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).

United Rentals trades on the New York Stock Exchange (NYSE) under the ticker symbol "URI."

United Rentals' stock is owned by many different retail and institutional investors. Top institutional shareholders include Boston Partners (1.46%), Nordea Investment Management AB (1.20%), Thrivent Financial for Lutherans (1.02%), AustralianSuper Pty Ltd (0.82%), Findlay Park Partners LLP (0.56%) and Sumitomo Mitsui Trust Holdings Inc. (0.43%). Insiders that own company stock include Andrew B Limoges, Craig Adam Pintoff, Dale A Asplund, Donald C Roof, Jessica Graziano, Jose B Alvarez, Matthew John Flannery, Michael Kneeland and Shiv Singh.
View institutional ownership trends.

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.
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One share of URI stock can currently be purchased for approximately $455.85.

United Rentals (NYSE:URI) has a market capitalization of $31.59 billion and generates $11.64 billion in revenue each year. The construction company earns $2.11 billion in net income (profit) each year or $29.76 on an earnings per share basis.

The company employs 24,600 workers across the globe.

United Rentals' mailing address is 100 FIRST STAMFORD PLACE SUITE 700, STAMFORD CT, 06902. The official website for the company is www.unitedrentals.com. The construction company can be reached via phone at (203) 622-3131, via email at tgrace@ur.com, or via fax at 203-622-6080.