United Rentals, Inc. (URI)
Market Cap | 52.51B |
Revenue (ttm) | 14.75B |
Net Income (ttm) | 2.56B |
Shares Out | 66.14M |
EPS (ttm) | 37.88 |
PE Ratio | 20.96 |
Forward PE | 17.65 |
Dividend | $6.52 (0.82%) |
Ex-Dividend Date | Aug 14, 2024 |
Volume | 438,015 |
Open | 795.00 |
Previous Close | 773.29 |
Day's Range | 775.85 - 797.52 |
52-Week Range | 387.01 - 801.39 |
Beta | 1.68 |
Analysts | Buy |
Price Target | 673.36 (-15.19%) |
Earnings Date | Oct 23, 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]
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 StatementsAnalyst Forecast
According to 16 analysts, the average rating for URI stock is "Buy." The 12-month stock price forecast is $673.36, which is a decrease of -15.19% from the latest price.
News
United Rentals to Present at the Morgan Stanley 12th Annual Laguna Conference
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Morgan Stanley 12th Annual Laguna Conference on Wednesday, September 11, 2024. The co...
PLATINUM EQUITY SELLS BLUROC TO MOLLITIAM HOLDINGS
Divesture marks final exit of Platinum's Yak Access Investment LOS ANGELES , July 29, 2024 /PRNewswire/ -- Platinum Equity announced today the sale of BluRoc LLC to Mollitiam Holdings. Financial terms...
United Rentals Q2: Thriving Through The Industrial Recession, But Seems Fairly Valued
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. The comp...
United Rentals Pops On Increased Guidance
United Rentals shares closed up 5.4% despite falling short of revenue and earnings expectations in Q2 2024. The company's growth continues to impress, and management has plans for more of it over the ...
Final Trades: Freeport-McMoran, Pfizer, Danaher and United Rentals
The Investment Committee give you their top stocks to watch for the second half.
United Rentals, Inc. (URI) Q2 2024 Earnings Call Transcript
United Rentals, Inc. (URI) Q2 2024 Earnings Call Transcript
United Rentals Declares Quarterly Cash Dividend
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) announced today that its Board of Directors declared a quarterly cash dividend of $1.63 per share of URI common stock. The dividend w...
United Rentals Announces Record Second Quarter Results and Reaffirms Mid-Points of 2024 Guidance
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced financial results for the second quarter of 2024 and reaffirmed, at mid-point, its 2024 outlook, while narrowing the ...
United Academy® Celebrates Tenth Anniversary of Creating Safer Worksites Through Training Solutions
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced that United Academy - the company's training arm - has marked its tent...
United Rentals, Inc. Second Quarter 2024 Conference Call and Audio Webcast Thursday, July 25, 2024 at 8:30 a.m. (ET)
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) will hold its second quarter 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer...
United Rentals Reports Strong Digital Adoption
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today reported strong adoption across digital platforms, including Total Control©, Uni...
Mario Gabelli reveals his market-beating secrets and offers some favorite stock picks
One of the best things you can do as an investor is study established professionals who have amassed outstanding records. Value-stock investor Mario Gabelli fits the bill, with more than five decades ...
United Rentals Just Became A Dividend Growth Stock
United Rentals, Inc. has delivered an annual return of 19.1% since 2004, turning a $10,000 investment into over $364,000. The company's strong growth in the first quarter of 2024, driven by infrastruc...
United Rentals Selected for Newsweek's Most Trustworthy Companies in America 2024 List
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced its selection for Newsweek's list of the Most Trustworthy Companies in America 2024 for the third year in a row. This...
United Rentals, Inc. (URI) Q1 2024 Earnings Call Transcript
United Rentals, Inc. (URI) Q1 2024 Earnings Call Transcript
United Rentals Announces Record First Quarter Results and Raises 2024 Guidance to Reflect the Acquisition of Yak
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced financial results for the first quarter of 2024 and raised its full-year 2024 guidance to include the expected financ...
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,...
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...
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...
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...
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...
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...
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...
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...
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...