AMERCO (NASDAQ:UHALB) Hits New 1-Year High – Time to Buy?

AMERCO (NASDAQ:UHALB)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $68.80 and last traded at $68.18, with a volume of 122361 shares. The stock had previously closed at $67.87.

AMERCO Trading Up 0.5 %

The firm’s fifty day moving average price is $67.66 and its 200-day moving average price is $64.15. The firm has a market cap of $12.03 billion and a price-to-earnings ratio of 24.50.

AMERCO (NASDAQ:UHALB) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $1.00 earnings per share (EPS) for the quarter. The firm had revenue of $1.55 billion for the quarter.

AMERCO Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 16th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.29%. The ex-dividend date of this dividend was Monday, September 16th. AMERCO’s dividend payout ratio is presently 7.22%.

AMERCO Company Profile

AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.