There’s No Getting Around United Rentals, Inc. (NYSE: URI) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted United Rentals to Acquire Yak Access for $1.1 Billion.

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Stocks Info

URI belongs to the Industrials sector of the NYSE while operating in the Rental & Leasing Services industry. The current market capitalization of United Rentals, Inc. is $47.86B. A total of 0.56 million shares were traded on the day, compared to an average of 644.95K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, URI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 13 BUYs and 16 SELLs from insiders. Insiders purchased 6,134 shares during that period but sold 31,447.

In the most recent transaction, Grace William E. sold 775 shares of URI for 655.62 per share on Feb 15. After the transaction, the EVP, CFO now owns 6,323 company shares. In a previous transaction on Nov 15, Kelly Terri L. sold 630 shares at 480.02 per share. URI shares that Director owns now total 6,249.

Among the insiders who sold shares, Asplund Dale A disposed of 14,157 shares on Aug 30 at a per-share price of $475.27. This resulted in the EVP, Chief Operating Officer holding 6,379 shares of URI after the transaction. In another insider transaction, Grace William E. sold 725 shares at $359.63 per share on Apr 28. Company shares held by the EVP, CFO now total 6,520.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. United Rentals, Inc. pays an annual dividend of $6.07, resulting in a dividend yield of 0.85%, and it has a price to earnings (P/E) ratio of 20.14. URI’s most recent ex-dividend date was 2/13/2024 when it declared a $1.63 quarterly dividend that was paid in cash on 2/28/2024. Previously, the company paid the dividend on 11/22/2023 with an ex-dividend date of 11/7/2023. The URI stock dividend was $1.48 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, URI has a high of $702.68 and a low of $325.15.

As of this writing, URI has an earnings estimate of $8.27 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $8.86 per share and a lower estimate of $7.79. The company reported an EPS of $11.73 in the last quarter, which was 4.70% higher than expectations of $11.2.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. URI’s latest balance sheet shows that the firm has $144.00M in Cash & Short Term Investments as of fiscal 2021. There were $10.51B in debt and $2.60B in liabilities at the time. Its Book Value Per Share was $120.86, while its Total Shareholder’s Equity was $5.99B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for URI is Buy with a score of 3.24.

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