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NYSE:URI

United Rentals (URI) Stock Price, News & Analysis

$773.29
+2.03 (+0.26%)
(As of 09/18/2024 ET)

About United Rentals Stock (NYSE:URI)

Key Stats

Today's Range
$765.00
$801.39
50-Day Range
$645.19
$771.63
52-Week Range
$387.01
$801.39
Volume
602,386 shs
Average Volume
553,959 shs
Market Capitalization
$51.49 billion
P/E Ratio
20.95
Dividend Yield
0.84%
Price Target
$675.15
Consensus Rating
Hold

Company Overview

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.

United Rentals Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 90th Percentile

United Rentals scored higher than 90% of companies evaluated by MarketBeat, and ranked 15th out of 103 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    United Rentals has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 8 buy ratings, 4 hold ratings, and 3 sell ratings.

  • Amount of Analyst Coverage

    United Rentals has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about United Rentals' stock forecast and price target.
  • Earnings Growth

    Earnings for United Rentals are expected to grow by 7.68% in the coming year, from $44.39 to $47.80 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of United Rentals is 20.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of United Rentals is 20.95, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 24.39.

  • Price to Earnings Growth Ratio

    United Rentals has a PEG Ratio of 1.72. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    United Rentals has a P/B Ratio of 6.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about United Rentals' valuation and earnings.
  • Percentage of Shares Shorted

    4.26% of the float of United Rentals has been sold short.
  • Short Interest Ratio / Days to Cover

    United Rentals has a short interest ratio ("days to cover") of 5.
  • Change versus previous month

    Short interest in United Rentals has recently decreased by 2.10%, indicating that investor sentiment is improving.
  • Dividend Yield

    United Rentals has a dividend yield of 0.88%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    United Rentals does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of United Rentals is 17.66%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, United Rentals will have a dividend payout ratio of 13.64% next year. This indicates that United Rentals will be able to sustain or increase its dividend.

  • Read more about United Rentals' dividend.
  • Percentage of Shares Shorted

    4.26% of the float of United Rentals has been sold short.
  • Short Interest Ratio / Days to Cover

    United Rentals has a short interest ratio ("days to cover") of 5.
  • Change versus previous month

    Short interest in United Rentals has recently decreased by 2.10%, indicating that investor sentiment is improving.
  • News Sentiment

    United Rentals has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for United Rentals this week, compared to 10 articles on an average week.
  • Search Interest

    Only 6 people have searched for URI on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.
  • MarketBeat Follows

    Only 8 people have added United Rentals to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, United Rentals insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $248,400.00 in company stock.

  • Percentage Held by Insiders

    Only 0.53% of the stock of United Rentals is held by insiders.

  • Percentage Held by Institutions

    96.26% of the stock of United Rentals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about United Rentals' insider trading history.

URI Stock News Headlines

United Rentals: Impressive, And Priced Accordingly.
URI Sep 2024 410.000 put
War on Elon Escalates…
Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adoption of this technology for decades. By doing so he has put himself in the crosshairs of an ideological war with the global elites. And yet, while this new technology threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
URI Sep 2024 730.000 call
URI Sep 2024 350.000 put
Brokerages Set United Rentals, Inc. (NYSE:URI) Target Price at $675.15
See More Headlines

URI Stock Analysis - Frequently Asked Questions

United Rentals' stock was trading at $573.42 at the start of the year. Since then, URI shares have increased by 34.9% and is now trading at $773.29.
View the best growth stocks for 2024 here
.

United Rentals, Inc. (NYSE:URI) posted its earnings results on Wednesday, July, 24th. The construction company reported $10.70 EPS for the quarter, beating analysts' consensus estimates of $10.48 by $0.22. The firm's quarterly revenue was up 6.2% compared to the same quarter last year.
Read the conference call transcript
.

United Rentals' board initiated a share buyback program on Wednesday, January 24th 2024, which authorizes the company to buy back $1,500,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 3.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

United Rentals subsidiaries include these companies: General Finance Corporation, BlueLine Rental, BakerCorp International Holdings Inc., Neff Rental, NES Rentals Holdings, Blue-Stream Services, National Pump, and more.

Top institutional investors of United Rentals include Dimensional Fund Advisors LP (1.38%), The Manufacturers Life Insurance Company (0.96%), Impax Asset Management Group plc (0.89%) and Legal & General Group Plc (0.79%). Insiders that own company stock include Matthew John Flannery, Jessica Graziano, Craig Adam Pintoff, Jose B Alvarez, Michael D Durand, Shiv Singh, Dale A Asplund, William E Grace, Joli L Gross and Andrew B Limoges.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that United Rentals investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW) and Athabasca Oil (ATH).

Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 8/28 Dividend
8/14/2024
Dividend Payable
8/28/2024
Today
9/18/2024
Next Earnings (Estimated)
10/23/2024
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
$675.15
High Stock Price Target
$905.00
Low Stock Price Target
$400.00
Potential Upside/Downside
-12.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
15 Analysts

Profitability

Net Income
$2.42 billion
Pretax Margin
22.88%

Debt

Sales & Book Value

Annual Sales
$14.75 billion
Cash Flow
$86.79 per share
Book Value
$121.00 per share

Miscellaneous

Free Float
66,237,000
Market Cap
$51.49 billion
Optionable
Optionable
Beta
1.68

Social Links

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

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 Monday, September 9, 2024. Please send any questions or comments about these United Rentals pros and cons to contact@marketbeat.com.

United Rentals
Bull Case

green Wall Street bull icon

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

  • United Rentals, Inc. has shown consistent revenue growth over recent periods, indicating a strong financial performance.
  • The company has a solid dividend payout ratio of 17.66%, providing investors with a steady income stream.
  • Analysts have given United Rentals, Inc. a "buy" rating, suggesting positive future performance and growth potential.
  • Recent target price increases by financial institutions indicate confidence in the company's stock performance.
  • United Rentals, Inc. has a diverse range of equipment rental offerings, catering to various industries and sectors.

United Rentals
Bear Case

red Wall Street bear icon

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

  • United Rentals, Inc. has a relatively high debt-to-equity ratio of 1.39, which may pose risks in times of economic downturns.
  • The company's stock price has been volatile, with fluctuations in the market impacting investor returns.
  • Despite positive ratings, there are concerns about potential market saturation in the equipment rental industry affecting future growth.
  • United Rentals, Inc. operates in a cyclical industry, making it susceptible to economic fluctuations and downturns.
  • The company's current ratio of 0.81 and quick ratio of 0.76 may indicate potential liquidity challenges in the short term.

This page (NYSE:URI) was last updated on 9/18/2024 by MarketBeat.com Staff
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