United Rentals (URI) Expected to Announce Quarterly Earnings on Wednesday

United Rentals (NYSE:URI) will likely be posting its quarterly earnings results after the market closes on Wednesday, April 23rd. Analysts expect United Rentals to post earnings of $8.92 per share and revenue of $3.61 billion for the quarter. United Rentals has set its FY 2025 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

United Rentals (NYSE:URI) last released its earnings results on Wednesday, January 29th. The construction company reported $11.59 earnings per share for the quarter, missing analysts’ consensus estimates of $11.65 by ($0.06). United Rentals had a return on equity of 34.21% and a net margin of 16.78%. On average, analysts expect United Rentals to post $45 EPS for the current fiscal year and $49 EPS for the next fiscal year.

United Rentals Stock Up 1.0 %

URI stock opened at $590.80 on Monday. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.98 and a quick ratio of 0.92. The company has a 50-day moving average of $628.94 and a two-hundred day moving average of $732.79. The stock has a market capitalization of $38.60 billion, a price-to-earnings ratio of 15.25, a price-to-earnings-growth ratio of 1.43 and a beta of 1.72. United Rentals has a 52-week low of $525.91 and a 52-week high of $896.98.

United Rentals Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were paid a dividend of $1.79 per share. This is an increase from United Rentals’s previous quarterly dividend of $1.63. The ex-dividend date was Wednesday, February 12th. This represents a $7.16 annualized dividend and a yield of 1.21%. United Rentals’s dividend payout ratio is presently 18.48%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Bank of America cut their price target on United Rentals from $850.00 to $750.00 and set a “buy” rating for the company in a report on Friday, March 21st. Robert W. Baird raised shares of United Rentals from an “underperform” rating to a “neutral” rating and set a $658.00 price target for the company in a report on Tuesday, January 14th. Baird R W upgraded shares of United Rentals from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 14th. JPMorgan Chase & Co. cut their price objective on shares of United Rentals from $1,000.00 to $750.00 and set an “overweight” rating for the company in a research report on Monday, April 14th. Finally, Evercore ISI reduced their target price on shares of United Rentals from $1,004.00 to $974.00 and set an “outperform” rating for the company in a research note on Wednesday, February 19th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $729.79.

Insiders Place Their Bets

In other United Rentals news, CFO William E. Grace sold 1,100 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $638.10, for a total value of $701,910.00. Following the transaction, the chief financial officer now directly owns 6,880 shares in the company, valued at approximately $4,390,128. This trade represents a 13.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.53% of the company’s stock.

United Rentals Company Profile

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.