United Rentals (NYSE:URI) Issues Quarterly Earnings Results, Misses Estimates By $0.06 EPS

United Rentals (NYSE:URI) released its quarterly earnings results on Wednesday. The construction company reported $11.59 earnings per share (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 Price Performance

Shares of NYSE URI opened at $758.30 on Thursday. The firm has a market cap of $49.76 billion, a price-to-earnings ratio of 19.80, a price-to-earnings-growth ratio of 1.73 and a beta of 1.69. The stock has a fifty day simple moving average of $767.89 and a two-hundred day simple moving average of $768.71. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 1.38. United Rentals has a 1-year low of $596.48 and a 1-year high of $896.98.

United Rentals Increases Dividend

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

Analyst Upgrades and Downgrades

URI has been the topic of a number of recent research reports. Barclays raised their target price on United Rentals from $400.00 to $565.00 and gave the company an “underweight” rating in a report on Friday, October 25th. Argus lifted their price objective on shares of United Rentals from $840.00 to $880.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Bank of America increased their target price on shares of United Rentals from $800.00 to $910.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Truist Financial cut their price target on shares of United Rentals from $965.00 to $963.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. Finally, Citigroup decreased their price objective on shares of United Rentals from $985.00 to $835.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus 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.