
United Rentals is a leading equipment rental company with a stock symbol of URI on the New York Stock Exchange (NYSE).
Their stock has been publicly traded since 1997, making it a well-established player in the equipment rental industry.
United Rentals is a major player in the equipment rental market, with a fleet of over 3,900 locations across North America and a wide range of equipment offerings.
The company's stock has experienced significant growth over the years, with a market capitalization of over $15 billion.
Financial Performance
United Rentals has seen significant growth in its financial performance over the years. In 2023, the company's revenue reached $14.33 billion, a 23.11% increase from the previous year's $11.64 billion.
Their earnings also saw a notable jump, increasing by 15.15% to $2.42 billion. This impressive growth is a testament to the company's ability to adapt and thrive in the rental industry.
Here are some key financial metrics that highlight United Rentals' performance:
Their revenue growth is quite remarkable, and it's no surprise that the company's stock has seen a significant increase in value.
Company News
United Rentals has made a significant move in the equipment rental industry, acquiring H&E Equipment Services in a deal valued at $4.8 billion.
This acquisition is a strategic step for United Rentals to tap into growing demand for equipment rentals. United Rentals has a strong presence in the market, and this deal will expand its reach and capabilities.
The acquisition is valued at $4.8 billion, a substantial investment that highlights the importance of this deal to United Rentals' future growth.
Investment Analysis
According to analyst forecasts, the average rating for United Rentals stock is "Buy" from 13 analysts.
The 12-month stock price forecast is $805.25, which represents a 10.33% increase from the latest price.
United Rentals reported a solid quarter with shares moving up 5+% after earnings.
Its business focuses on renting construction and specialty equipment, leveraging its scale and its logistics.
Dividend Information
United Rentals has a quarterly cash dividend of $1.63 per share of URI common stock.
The company's dividend yield is a relatively modest 0.89%, which is a measure of the ratio of the annual dividend payment to the stock's current price.
In 2023, United Rentals declared a dividend of $5.92, which represents a yield of 1.03%.
Here's a breakdown of United Rentals' dividend calendar:
The dividend payout ratio is a relatively low 0.16%, which means that United Rentals is retaining most of its earnings rather than distributing them to shareholders.
Stock Data
United Rentals' sales per share have been steadily increasing over the years, with a notable jump from $164.03 in 2022 to $208.59 in 2023.
The company's P/E ratio has also seen some fluctuations, ranging from a low of 7.81 in 2018 to a high of 19.00 in 2020, with a current ratio of 16.25 as of 2023.
Here's a breakdown of United Rentals' key financial ratios over the years:
Historical Prices
Historical Prices are a crucial aspect of stock data, and understanding them can help you make informed investment decisions.
The Dow Jones Industrial Average, for example, has fluctuated significantly over the years, with its lowest recorded value in 1932 at 41.22. This was during the Great Depression.
In 1950, the average price of a stock in the Dow Jones was around 18. This is a stark contrast to the average price of over 30,000 in 2020.
The S&P 500, another popular stock market index, has also experienced significant price fluctuations, with its lowest value recorded in 2009 at 676.53.
The price of individual stocks can also provide valuable insights, such as Apple's stock price, which has risen from around 1.90 in 1976 to over 150 in 2020.
USD Data
USD Data is a crucial aspect of stock analysis, providing valuable insights into a company's financial performance. The data is presented in a clear and concise manner, making it easy to compare and analyze.
The sales per share of a company has been steadily increasing over the years, with a notable jump from 2022 to 2023, reaching $208.59. This suggests a strong growth in revenue.
The P/E ratio, a key metric for evaluating a company's stock, has fluctuated over the years. In 2023, the P/E ratio was 16.25, indicating a relatively high valuation.
Here are the P/E ratios for the past few years:
The dividend yield, a measure of the return on investment, was 1.03% in 2023, indicating a relatively low payout.
The equity ratio, a measure of a company's financial health, was 31.06% in 2023, indicating a relatively high level of equity.
The debt ratio, a measure of a company's leverage, was 68.94% in 2023, indicating a relatively high level of debt.
These metrics provide a snapshot of a company's financial health and can be used to make informed investment decisions.
Trading and Events
United Rentals has consistently reported significant earnings per share (EPS) in recent years. Their Q3 2024 earnings release had an actual EPS of 10.700 USD.
Their Q3 2023 earnings release had an actual EPS of 10.290 USD, which is a notable figure. The company has shown steady growth in their earnings over the past few years.
Here's a list of United Rentals' past earnings reports, showing the actual EPS for each quarter:
The company has also provided estimates for future earnings reports, with their Q4 2024 earnings release estimated to be 11.762 USD.
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Past Events
United Rentals has a history of releasing earnings reports in the third quarter of each year, with the actual EPS (Earnings Per Share) ranging from $8.660 USD in 2022 to $10.700 USD in 2024.
The company's earnings reports have been released on the last Wednesday of October, with the exception of 2023, when it was released on the 25th. This suggests a consistent release pattern, but it's essential to verify the date each year.
One notable trend is the increase in actual EPS over the years, with a high of $10.700 USD in Q3 2024 and a low of $5.050 USD in Q1 2022. This indicates a general upward trend in the company's financial performance.
Here's a breakdown of the actual EPS for each quarter:
The actual EPS has shown a significant increase in recent years, with a notable spike in Q3 2024.
Calendar
United Rentals has a calendar of upcoming events, and it's worth keeping an eye on.
The company is set to release its Q4 2024 Earnings Report on January 22, 2025, which is estimated to be around $11.762 USD.
This earnings report will be followed by Q1 2025 Earnings Release on April 23, 2025, estimated to be around $9.286 USD.
The Q2 2025 Earnings Release is scheduled for July 23, 2025, with an estimated value of $11.156 USD.
Lastly, the Q3 2025 Earnings Release is expected on October 22, 2025, with an estimated value of $12.945 USD.
Here's a quick rundown of the upcoming events:
Frequently Asked Questions
Is United Rentals stock a buy?
United Rentals stock has a mixed consensus rating with 5 buy ratings, but also 3 sell ratings and 3 hold ratings, suggesting a neutral view among analysts. Investors may want to consider this mixed opinion when deciding whether to buy or hold United Rentals stock.
Is uri a good investment?
United Rentals, Inc. (URI) may be a neutral pick for value investors, but its potential to perform inline with the market is promising. Further analysis is recommended to determine if URI is a good investment for your specific financial goals.
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