United Rentals (NYSE:URI) Announces Quarterly Earnings Results

United Rentals (NYSE:URI) announced its quarterly earnings results on Wednesday. The construction company reported $11.59 EPS for the quarter, missing analysts’ consensus estimates of $11.65 by ($0.06), Zacks reports. United Rentals had a net margin of 17.12% and a return on equity of 34.73%. United Rentals updated its FY 2025 guidance to EPS.

United Rentals Stock Down 1.1 %

Shares of NYSE URI opened at $758.30 on Thursday. United Rentals has a 12-month low of $596.48 and a 12-month high of $896.98. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 1.38. The firm has a market cap of $49.76 billion, a PE ratio of 19.80, a P/E/G ratio of 1.73 and a beta of 1.69. The company’s fifty day simple moving average is $767.89 and its 200 day simple moving average is $768.71.

United Rentals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be given a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 0.94%. This is an increase from United Rentals’s previous quarterly dividend of $1.63. United Rentals’s payout ratio is presently 17.03%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on URI shares. Truist Financial decreased their price target on shares of United Rentals from $965.00 to $963.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. Bank of America increased their price objective on United Rentals from $800.00 to $910.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Baird R W raised United Rentals from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 14th. Citigroup decreased their price target on United Rentals from $985.00 to $835.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Finally, Barclays lifted their price objective on United Rentals from $400.00 to $565.00 and gave the stock an “underweight” rating in a research note on Friday, October 25th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $813.73.

About United Rentals

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.