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NYSE:URI

United Rentals (URI) Stock Price, News & Analysis

$724.75
+8.51 (+1.19%)
(As of 08/21/2024 ET)
Today's Range
$717.21
$730.22
50-Day Range
$616.21
$757.10
52-Week Range
$387.01
$789.80
Volume
206,297 shs
Average Volume
574,072 shs
Market Capitalization
$48.26 billion
P/E Ratio
19.63
Dividend Yield
0.90%
Price Target
$675.15

United Rentals MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
6.8% Downside
$675.15 Price Target
Short Interest
Healthy
3.91% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
0.82mentions of United Rentals in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$248,400 Sold Last Quarter
Proj. Earnings Growth
7.88%
From $44.40 to $47.90 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.

4.51 out of 5 stars

Construction Sector

8th out of 96 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

2nd 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

US developing “superweapon” to defeat China and Russia?
Our new superweapon is a gift to every patriot. I predict the devastating new tech behind this weapon will create the greatest investment opportunity for Americans since WWII. Similar stocks in the past have seen peak gains of 16,270%in just 18 months.
Do United Rentals' (NYSE:URI) Earnings Warrant Your Attention?
United Rentals (NYSE:URI) Stock, Short Interest Report
US developing “superweapon” to defeat China and Russia?
Our new superweapon is a gift to every patriot. I predict the devastating new tech behind this weapon will create the greatest investment opportunity for Americans since WWII. Similar stocks in the past have seen peak gains of 16,270%in just 18 months.
United Rentals (NYSE:URI) PT Raised to $795.00 at Evercore ISI
URI Aug 2024 735.000 call (URI240823C00735000)
URI Aug 2024 717.500 put (URI240823P00717500)
URI Aug 2024 740.000 put
URI Aug 2024 750.000 call
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 8/28 Dividend
8/14/2024
Today
8/21/2024
Dividend Payable
8/28/2024
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
-6.8%
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
$84.47 per share
Book Value
$121.00 per share

Miscellaneous

Free Float
66,237,000
Market Cap
$48.26 billion
Optionable
Optionable
Beta
1.71

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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 reported strong quarterly earnings, beating analysts' consensus estimates, indicating a positive financial performance.
  • The company has a solid return on equity of 35.87%, showcasing efficient utilization of shareholder funds.
  • Analysts have raised price targets on United Rentals, with buy ratings from reputable firms like Goldman Sachs and JPMorgan Chase & Co., indicating confidence in the company's future growth potential.
  • United Rentals has a consistent dividend payout ratio of 17.66%, providing investors with a steady income stream.
  • Institutional investors have been increasing their stake in United Rentals, signaling confidence in the company's long-term prospects.

Cons

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

  • United Rentals has a relatively low dividend yield of 0.88%, which may not be attractive to income-focused investors seeking higher yields.
  • Despite positive analyst ratings, there are still sell ratings on the stock, indicating some concerns about the company's performance or valuation.
  • The stock price may be considered high by some investors, especially compared to the average price target of $670.92, potentially limiting short-term upside.
  • While revenue growth has been positive, it is essential to monitor if the company can sustain this growth rate in the face of economic challenges or industry competition.
  • Insider selling activity, such as the recent sale by the COO, could raise questions about management's confidence in the company's future prospects.
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 Sunday, August 11, 2024. Please send any questions or comments about these United Rentals pros and cons to contact@marketbeat.com.

URI Stock Analysis - Frequently Asked Questions

How have URI shares performed this year?

United Rentals' stock was trading at $573.42 at the start of the year. Since then, URI stock has increased by 26.4% and is now trading at $724.75.
View the best growth stocks for 2024 here
.

How were United Rentals' earnings last quarter?

United Rentals, Inc. (NYSE:URI) announced its earnings results on Wednesday, July, 24th. The construction company reported $10.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $10.48 by $0.22. The company's quarterly revenue was up 6.2% on a year-over-year basis.
Read the conference call transcript
.

Is United Rentals buying back stock?

United Rentals' board authorized a share repurchase 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 purchase up to 3.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

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.

Does United Rentals have any subsidiaries?

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 others.

Who are United Rentals' major shareholders?

United Rentals' top institutional investors 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
.

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.

What other stocks do shareholders of United Rentals own?

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).

This page (NYSE:URI) was last updated on 8/22/2024 by MarketBeat.com Staff

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