Analysts Issue Forecasts for United Rentals, Inc.’s FY2025 Earnings (NYSE:URI)

United Rentals, Inc. (NYSE:URI – Get Rating) – Equities research analysts at Jefferies Financial Group issued their FY2025 earnings per share estimates for shares of United Rentals in a report released on Thursday, January 26th. Jefferies Financial Group analyst S. Volkmann anticipates that the construction company will post earnings per share of $49.25 for the year. The consensus estimate for United Rentals’ current full-year earnings is $38.13 per share.

Other research analysts have also recently issued research reports about the stock. Wells Fargo & Company lifted their target price on shares of United Rentals from $435.00 to $440.00 and gave the company an “overweight” rating in a research note on Tuesday, January 10th. Deutsche Bank Aktiengesellschaft upped their price objective on United Rentals from $341.00 to $399.00 and gave the stock a “hold” rating in a research note on Friday. Robert W. Baird lifted their target price on United Rentals from $375.00 to $425.00 in a research note on Thursday. Stifel Nicolaus raised their target price on shares of United Rentals from $450.00 to $505.00 and gave the company a “buy” rating in a research note on Friday. Finally, UBS Group lifted their target price on United Rentals from $420.00 to $460.00 and gave the stock a “buy” rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $419.82.

United Rentals Price Performance

Shares of NYSE:URI opened at $434.09 on Monday. The firm’s 50 day simple moving average is $367.22 and its two-hundred day simple moving average is $324.39. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.11 and a quick ratio of 0.94. The company has a market capitalization of $30.09 billion, a P/E ratio of 14.59, a P/E/G ratio of 0.63 and a beta of 1.81. United Rentals has a 1-year low of $230.54 and a 1-year high of $438.21.

United Rentals (NYSE:URI – Get Rating) last posted its quarterly earnings data on Wednesday, January 25th. The construction company reported $9.74 earnings per share for the quarter, missing analysts’ consensus estimates of $10.12 by ($0.38). The company had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.29 billion. United Rentals had a net margin of 18.08% and a return on equity of 36.12%. The firm’s quarterly revenue was up 18.7% on a year-over-year basis. During the same period in the previous year, the firm earned $7.39 earnings per share.

United Rentals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 22nd. Stockholders of record on Wednesday, February 8th will be issued a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Tuesday, February 7th.

United Rentals announced that its Board of Directors has approved a stock repurchase plan on Wednesday, October 26th that allows the company to buyback $1.25 billion in shares. This buyback authorization allows the construction company to buy up to 5.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In other United Rentals news, EVP Craig Adam Pintoff sold 4,761 shares of the business’s stock in a transaction dated Friday, January 27th. The shares were sold at an average price of $434.56, for a total value of $2,068,940.16. Following the completion of the sale, the executive vice president now directly owns 15,942 shares of the company’s stock, valued at approximately $6,927,755.52. The transaction was disclosed in a filing with the SEC, which is available through this link. In other news, Director Jose B. Alvarez purchased 177 shares of the business’s stock in a transaction dated Friday, November 18th. The shares were purchased at an average price of $344.65 per share, for a total transaction of $61,003.05. Following the completion of the purchase, the director now owns 10,660 shares in the company, valued at approximately $3,673,969. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Craig Adam Pintoff sold 4,761 shares of the company’s stock in a transaction dated Friday, January 27th. The stock was sold at an average price of $434.56, for a total transaction of $2,068,940.16. Following the completion of the sale, the executive vice president now directly owns 15,942 shares of the company’s stock, valued at $6,927,755.52. The disclosure for this sale can be found here. Insiders have sold 18,672 shares of company stock valued at $8,135,542 in the last 90 days. Company insiders own 0.53% of the company’s stock.

Institutional Investors Weigh In On United Rentals

Several large investors have recently modified their holdings of URI. MUFG Americas Holdings Corp grew its stake in United Rentals by 1,900.0% in the third quarter. MUFG Americas Holdings Corp now owns 100 shares of the construction company’s stock valued at $27,000 after purchasing an additional 95 shares during the last quarter. Eagle Bay Advisors LLC bought a new position in shares of United Rentals during the 2nd quarter worth approximately $27,000. Evoke Wealth LLC raised its stake in shares of United Rentals by 173.8% during the 2nd quarter. Evoke Wealth LLC now owns 115 shares of the construction company’s stock worth $28,000 after acquiring an additional 73 shares in the last quarter. Trustcore Financial Services LLC lifted its position in United Rentals by 1,237.5% during the third quarter. Trustcore Financial Services LLC now owns 107 shares of the construction company’s stock valued at $29,000 after acquiring an additional 99 shares during the last quarter. Finally, Ronald Blue Trust Inc. boosted its stake in United Rentals by 185.1% in the third quarter. Ronald Blue Trust Inc. now owns 134 shares of the construction company’s stock valued at $32,000 after acquiring an additional 87 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.