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United Rentals Inc URI Stock Quote

| Rating as of

NYSE: URI

Last close prices updated as of Jun 05, 2023, 3:39 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 361.60
  • Sector Industrials
  • Industry Rental & Leasing Services
  • Investment Style Mid Blend
  • Day Range 352.89  –  364.49
  • Year Range 230.54  –  481.99
  • Market Cap 24.6614 Bil
  • Volume / Avg 521,723.0 /  1.0 Mil
  • Price / Sales 2.05
  • Price / Book 3.49
  • Forward Div Yield 1.64%
  • Trailing Div Yield 0.82%

Morningstar‘s Stock Analysis URI

Valuation
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Is it the right time to buy or sell?

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5-Star Price

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Economic Moat

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Capital Allocation

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United Rentals: Our $424 Fair Value Estimate Remains Unchanged Following Investor Day

Dawit Woldemariam Equity Analyst

Analyst Note

| Dawit Woldemariam |

United Rentals recently held its investor day, where management reiterated its 2023 outlook. This led us to leave our $424 fair value estimate unchanged. We'e expecting demand to remain strong for the company in the remainder of 2023. For sales, we're projecting 20% year-on-year growth, which is a strong level, given the company posted similar growth in 2022. In terms of margins, we believe strong demand will allow United Rentals to maintain strong pricing. As a result, we forecast operating margins to expand 60 basis points to 28.4% in 2023.

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Key Statistics URI

Company Profile URI

Business Description

United Rentals is the world’s largest equipment rental company, and principally operates in the United States and Canada, where it commands approximately 17% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $19.6 billion) now includes a range of specialty equipment and other items that can be rented for indefinitely long time periods.

Contact
100 First Stamford Place, Suite 700
Stamford, CT, 06902
Industry Rental & Leasing Services
Employees 24,600

Related Articles URI

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of URI’s competitive advantage.

United Rentals Inc

XNYS: URI

The Home Depot Inc

XNYS: HD

Lowe's Companies Inc

XNYS: LOW

Ashtead Group PLC

XLON: AHT
Price
358.81292.57206.495,124.00
Currency
USDUSDUSDGBX
Change
−$2.79 (0.77%) −$3.37 (1.14%) −$3.32 (1.58%) +$12.00 (0.23%)
Market Cap
24.66 Bil294.10 Bil121.05 Bil2.25 Tril
Industry
Rental & Leasing Services Home Improvement Retail Home Improvement Retail Rental & Leasing Services
Sector
Industrials
Consumer Cyclical
Consumer Cyclical
Industrials

* Trading data in this section is delayed by at least 15 minutes.

FAQs for United Rentals Inc Stock

Yes. URI has a forward dividend yield of 1.64%. See URI’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

URI’s market cap is 24.66 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

URI’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

URI’s price/sales is 2.05.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

URI’s price/forward earnings is 11.62.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

URI’s price/book is 3.50.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See URI’s valuation ratios compared to the Market Index.

URI’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare URI’s historical performance against its industry peers and the overall market.