United Rentals, Inc. (URI)

NYSE: URI · IEX Real-Time Price · USD
666.74
-8.07 (-1.20%)
Apr 15, 2024, 4:00 PM EDT - Market closed
-1.20%
Market Cap 44.80B
Revenue (ttm) 14.33B
Net Income (ttm) 2.42B
Shares Out 67.19M
EPS (ttm) 35.28
PE Ratio 18.90
Forward PE 15.23
Dividend $6.52 (0.98%)
Ex-Dividend Date Feb 13, 2024
Volume 691,230
Open 688.11
Previous Close 674.81
Day's Range 663.72 - 690.99
52-Week Range 325.15 - 732.37
Beta 1.82
Analysts Buy
Price Target 550.33 (-17.46%)
Earnings Date Apr 24, 2024

About 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, utilit... [Read more]

Sector Industrials
IPO Date Dec 18, 1997
Employees 26,300
Stock Exchange NYSE
Ticker Symbol URI
Full Company Profile

Financial Performance

In 2023, United Rentals's revenue was $14.33 billion, an increase of 23.11% compared to the previous year's $11.64 billion. Earnings were $2.42 billion, an increase of 15.15%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for URI stock is "Buy." The 12-month stock price forecast is $550.33, which is a decrease of -17.46% from the latest price.

Price Target
$550.33
(-17.46% downside)
Analyst Consensus: Buy
Stock Forecasts

News

United Rentals, Inc. First Quarter 2024 Conference Call and Audio Webcast Thursday, April 25, 2024 at 8:30 a.m. (ET)

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) will hold its first quarter 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer,...

4 days ago - Business Wire

United Rentals Recognized by Forbes as One of America's Best Large Employers

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced it has been recognized as one of America's Best Employers 2024. This p...

26 days ago - Business Wire

United Rentals Completes Acquisition of Yak Access

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) today announced that it has completed its previously announced acquisition of Yak Access, LLC, Ya...

4 weeks ago - Business Wire

United Rentals Introduces Tower Crane Battery Energy Systems to North American Fleet

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced it has added battery energy systems for tower cranes to its North Amer...

4 weeks ago - Business Wire

United Rentals Announces Pricing of Private Offering of $1.1 Billion of 6.125% Senior Notes due 2034

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has priced an offering of $1.1 billion pr...

5 weeks ago - Business Wire

United Rentals Announces Proposed Private Offering of $1.1 Billion of Senior Notes due 2034

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), is offering $1.1 billion principal amount...

5 weeks ago - Business Wire

United Rentals to Acquire Yak Access for $1.1 Billion

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) today announced that it has entered into a definitive agreement to acquire Yak Access, LLC, Yak M...

6 weeks ago - Business Wire

United Rentals to Present at the 16th Annual Evercore ISI Industrial Conference

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced that it will participate in the 16th Annual Evercore ISI Industrial Conference on Tuesday, March 5, 2024. The confere...

6 weeks ago - Business Wire

United Rentals to Present at the Citi 2024 Global Industrial Tech and Mobility Conference

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Citi 2024 Global Industrial Tech and Mobility Conference on Tuesday, February 20, 202...

2 months ago - Business Wire

Trade Tracker: Bill Baruch buys more United Rentals

Bill Baruch, Blue Line Capital founder, joins CNBC's 'Halftime Report' to break down his United Rentals trade.

2 months ago - CNBC Television

United Rentals Announces Next-Generation Access Management Solution

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced a next-generation access management solution that seamlessly manages j...

2 months ago - Business Wire

Trade Tracker: Josh Brown buys more Snap and Jenny Harrington trims United Rentals

Josh Brown and Jenny Harrington join CNBC's "Halftime Report" to break down their moves on Snap and United Rentals.

Other symbols: SNAP
2 months ago - CNBC Television

United Rentals Stock Is Among the Top S&P 500 Performers on Thursday. Here's Why.

United Rentals posts fourth-quarter earnings of $11.26 a share on revenue of $3.7 billion.

2 months ago - Barrons

United Rentals Announces Record Fourth Quarter and Full-Year1 2023 Results, Introduces 2024 Outlook and Enhanced Capital Allocation Strategy, Including a Reduced Leverage Target, $1.5 Billion of Share Repurchases and 10% Increase to Dividend

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced financial results for the fourth quarter of 2023 and reported its full-year results on Form 10-K. The company also an...

2 months ago - Business Wire

Trade Tracker: Bill Baruch buys Leidos and United Rentals, sells SLB

Bill Baruch, Blue Line Capital founder, joins CNBC's 'Halftime Report' to discuss his latest portfolio moves.

Other symbols: LDOSSLB
3 months ago - CNBC Television

United Rentals Outlines Roadmap to Low-Emission and Zero-Emission Jobsites

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today outlined ways companies can implement sustainable business practices that reduce...

3 months ago - Business Wire

United Rentals, Inc. Fourth Quarter and Full Year 2023 Conference Call and Audio Webcast Thursday, January 25, 2024 at 8:30 a.m. (ET)

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) will hold its fourth quarter and full year 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief fin...

3 months ago - Business Wire

Trade Tracker: Jenny Harrington sells Iron Mountain, Seagate and trims Uber, United Rentals

Jenny Harrington, CEO Gilman Hill Asset Management, joins CNBC's "Halftime Report" to share her latest portfolio moves.

Other symbols: IRMSTXUBER
3 months ago - CNBC Television

United Rentals Selected as One of America's Best Managed Companies

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced it was selected as one of the U.S. Best Managed Companies in the Druck...

4 months ago - Business Wire

United Rentals Announces New Estimated Emissions Digital Dashboard

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced the Estimated Emissions dashboard, a groundbreaking digital tool that ...

4 months ago - Business Wire

United Rentals Introduces New Access Management Functionality & Enhanced Rental Experience via Mobile App

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today introduced new equipment access management capabilities and an enhanced rental e...

4 months ago - Business Wire

Cramer's Stop Trading: United Rentals

CNBC's Jim Cramer explains why he is keeping an eye on shares of United Rentals.

4 months ago - CNBC Television

United Rentals Recognized for Achievements in Veteran Hiring and Career Development

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced it is the proud recipient of the following three awards: 2023 HIRE Vet...

5 months ago - Business Wire

United Rentals Named to the Forbes America's Best Employers for Women 2023 List

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced it was selected to the Forbes list of America's Best Employers for Wom...

5 months ago - Business Wire

United Rentals Announces Record Third Quarter Results and Reaffirms Its Full-Year 2023 Guidance

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced financial results for the third quarter of 2023 and reaffirmed its full-year 2023 guidance. Third Quarter 2023 Highli...

6 months ago - Business Wire