United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power and Fluid Solutions. The General Rentals segment rents general construction and industrial equipment, including backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools. It serves construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The Trench, Power and Fluid Solutions segment rents specialty construction products that include trench safety equipment, which comprise trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; and power, as well as heating, ventilating, and air conditioning equipment, including portable diesel generators, electrical distribution equipment, and temperature control equipment. It is also involved in the rental of fluid solutions equipment primarily used for fluid containment, transfer, and treatment. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. The company also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. United Rentals, Inc. sells its used equipment through its sales force, brokers, and Website, as well as at auctions and directly to manufacturers. As of January 1, 2021, the company operated a network of 1,165 rental locations, including 1,018 of these locations are in the United States, 136 are in Canada, and 11 are in Europe. United Rentals, Inc. was founded in 1997 and is headquartered in Stamford, Connecticut.
IPO Year: 1997
Exchange: NYSE
Website: unitedrentals.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/22/2025 | $865.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 5/16/2025 | $780.00 | Sell → Neutral | UBS |
| 4/16/2025 | $702.00 | Equal-Weight → Overweight | Morgan Stanley |
| 4/7/2025 | $485.00 | Neutral → Sell | UBS |
| 3/25/2025 | $705.00 → $666.00 | Underperform → Mkt Perform | Bernstein |
| 1/14/2025 | $658.00 | Underperform → Neutral | Robert W. Baird |
| 6/28/2024 | $750.00 | Outperform | Raymond James |
| 6/26/2024 | $745.00 | Buy | Citigroup |
| 6/7/2024 | $780.00 | Overweight | JP Morgan |
| 3/14/2024 | $793.00 | Buy | Truist |
KeyBanc Capital Markets upgraded United Rentals from Sector Weight to Overweight and set a new price target of $865.00
UBS upgraded United Rentals from Sell to Neutral and set a new price target of $780.00
Morgan Stanley upgraded United Rentals from Equal-Weight to Overweight and set a new price target of $702.00
UBS downgraded United Rentals from Neutral to Sell and set a new price target of $485.00
Bernstein upgraded United Rentals from Underperform to Mkt Perform and set a new price target of $666.00 from $705.00 previously
Robert W. Baird upgraded United Rentals from Underperform to Neutral and set a new price target of $658.00
Raymond James initiated coverage of United Rentals with a rating of Outperform and set a new price target of $750.00
Citigroup initiated coverage of United Rentals with a rating of Buy and set a new price target of $745.00
JP Morgan initiated coverage of United Rentals with a rating of Overweight and set a new price target of $780.00
Truist initiated coverage of United Rentals with a rating of Buy and set a new price target of $793.00
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United Rentals, Inc. (NYSE:URI), the world's largest equipment rental company, today highlighted equipment, access control and jobsite safety solutions that help contractors protect their crews and worksites. These tools, combined with expert-led training through United Academy®, support safer, more efficient operations across every phase of a project. "Nothing is more important than the physical safety and mental wellbeing of workers," said Teresa Kee, Vice President of Health and Safety, United Rentals. "Investing in safety enhances not only worker protection but also jobsite productivity, budgets and project timelines. Construction Safety Week is a valuable opportunity to explore how eq
United Rentals, Inc. (NYSE:URI) announced today that its Board of Directors declared a quarterly cash dividend of $1.79 per share of URI common stock. The dividend will be payable on May 28, 2025 to stockholders of record as of May 14, 2025. About United Rentals United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,601 rental locations in North America, 39 in Europe, 38 in Australia and 19 in New Zealand. In North America, the company operates in 49 states and every Canadian province. The company's approximately 27,300 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The
United Rentals, Inc. (NYSE:URI) today announced financial results for the first quarter of 2025, reaffirmed its 2025 full-year guidance and announced that its Board of Directors has approved a new $1.5 billion share repurchase program. First Quarter 2025 Highlights1 Total revenue of $3.719 billion, including rental revenue2 of $3.145 billion. Net income of $518 million, at a margin3 of 13.9%. GAAP diluted earnings per share of $7.91, and adjusted EPS4 of $8.86. Adjusted EBITDA4 of $1.671 billion, at a margin3 of 44.9%. Year-over-year, fleet productivity5 increased 3.1% as reported and 1.9% on a pro forma5 basis. Net cash provided by operating activities of $1.425 billion; free ca
United Rentals, Inc. (NYSE:URI) will hold its first quarter 2025 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, April 24, 2025 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-451-7724 (international: 785-424-1116). The replay number for the call is 402-220-2695. The passcode for both the conference call and the replay is 81314. The company's first quarter 2025 press release will be issued and available at unitedrentals.com after the market close on Wednesday, April 23, 2
Company Chosen in Annual Management Top 250 List Presented by Wall Street Journal United Rentals, Inc. (NYSE:URI), the world's largest equipment rental company, today announced it was named to The 250 Best-Managed Companies list by the Wall Street Journal. The ranking was developed by the Drucker Institute based on its holistic model for measuring corporate management effectiveness, which reviews performance across key business drivers. The 250 Best-Managed Companies list, published annually since 2017, is one of the industry's most prestigious corporate management awards. To determine the rankings, the Drucker Institute evaluated U.S. publicly traded companies on 35 corporate performance
White Paper Details Ways to Create Performance-Driven Connected Worksites United Rentals, Inc. (NYSE:URI), the world's largest equipment rental company, today outlined steps construction, industrial and manufacturing companies can take to improve worksite performance by connecting people and equipment through data. The approach provides innovative, yet practical, ways companies can link nearly every part of a worksite - from the perimeter gate to the back office - to increase safety, productivity and sustainability. The white paper, Worksite Performance Solutions™, explores strategies to create connected worksites that deliver maximum performance. "At United Rentals, our aspiration is
Acquisition Scales Herc's Premier Platform and Accelerates Strategy for Industry Leading Growth and Superior Value Creation Transaction Terms Same as Proposal Previously Announced on February 18, 2025 H&E Terminates Agreement with United Rentals Herc Holdings Inc. (NYSE:HRI) ("Herc" or "the Company"), one of North America's leading equipment rental suppliers, and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ:HEES) ("H&E") today announced that H&E has terminated its prior merger agreement with United Rentals, Inc. (NYSE:URI) and that Herc and H&E have entered into a definitive merger agreement under which Herc will acquire H&E. As previously announced on February 18, 2025, under
United Rentals, Inc. (NYSE:URI) ("United Rentals" or "the company") today announced that it has notified H&E Equipment Services, Inc. ("H&E") that it does not intend to submit a revised proposal for the acquisition of H&E, which will permit H&E to terminate United Rentals' previously announced merger agreement with H&E. Matthew Flannery, chief executive officer of United Rentals, said, "One of our key responsibilities as a management team is to be good stewards of our investors' capital and our decision not to increase our offer for H&E reflects our commitment to financial discipline. We remain focused on leveraging our one-stop shop strategy, supported by world-class service and innovativ
H&E Deems Herc's $104.89 Per Share Cash and Stock Proposal Superior to United Rentals Transaction Herc Proposal Provides Immediate, Significant Premium for H&E and Substantial Upside Value Creation Opportunity for Both Herc and H&E Shareholders Herc and H&E Combination Expected to Generate Approximately $300 Million of Run Rate EBITDA Opportunities Acquisition Substantially Scales Herc's Premier Platform and Accelerates Strategy for Industry Leading Growth and Superior Value Creation Expected to be High Single Digit Accretive to Herc's Cash EPS in 2026 and Ramping to Greater than 20% as Synergies are Fully Realized Expected to Generate ROIC in Excess of Cost of Capital Within Three Yea
BATON ROUGE, La., Feb. 18, 2025 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ:HEES) ("H&E") today announced that it has determined that a definitive offer from Herc Holdings Inc. (NYSE:HRI) ("Herc") to acquire all of the outstanding shares of H&E common stock for a combination of cash and Herc common stock constitutes a "Superior Proposal," as defined in the existing merger agreement (the "United Rentals Merger Agreement") with United Rentals, Inc. (NYSE:URI) ("United Rentals"). The Herc definitive offer, which expires at 12:01 p.m. Eastern Time on February 24, 2025, includes a fully negotiated merger agreement and the related financing commitments. The Herc d
United Rentals, Inc. (NYSE:URI) announced today that its Board of Directors declared a quarterly cash dividend of $1.79 per share of URI common stock. The dividend will be payable on May 28, 2025 to stockholders of record as of May 14, 2025. About United Rentals United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,601 rental locations in North America, 39 in Europe, 38 in Australia and 19 in New Zealand. In North America, the company operates in 49 states and every Canadian province. The company's approximately 27,300 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The
United Rentals, Inc. (NYSE:URI) today announced financial results for the first quarter of 2025, reaffirmed its 2025 full-year guidance and announced that its Board of Directors has approved a new $1.5 billion share repurchase program. First Quarter 2025 Highlights1 Total revenue of $3.719 billion, including rental revenue2 of $3.145 billion. Net income of $518 million, at a margin3 of 13.9%. GAAP diluted earnings per share of $7.91, and adjusted EPS4 of $8.86. Adjusted EBITDA4 of $1.671 billion, at a margin3 of 44.9%. Year-over-year, fleet productivity5 increased 3.1% as reported and 1.9% on a pro forma5 basis. Net cash provided by operating activities of $1.425 billion; free ca
United Rentals, Inc. (NYSE:URI) will hold its first quarter 2025 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, April 24, 2025 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-451-7724 (international: 785-424-1116). The replay number for the call is 402-220-2695. The passcode for both the conference call and the replay is 81314. The company's first quarter 2025 press release will be issued and available at unitedrentals.com after the market close on Wednesday, April 23, 2
Acquisition Scales Herc's Premier Platform and Accelerates Strategy for Industry Leading Growth and Superior Value Creation Transaction Terms Same as Proposal Previously Announced on February 18, 2025 H&E Terminates Agreement with United Rentals Herc Holdings Inc. (NYSE:HRI) ("Herc" or "the Company"), one of North America's leading equipment rental suppliers, and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ:HEES) ("H&E") today announced that H&E has terminated its prior merger agreement with United Rentals, Inc. (NYSE:URI) and that Herc and H&E have entered into a definitive merger agreement under which Herc will acquire H&E. As previously announced on February 18, 2025, under
H&E Deems Herc's $104.89 Per Share Cash and Stock Proposal Superior to United Rentals Transaction Herc Proposal Provides Immediate, Significant Premium for H&E and Substantial Upside Value Creation Opportunity for Both Herc and H&E Shareholders Herc and H&E Combination Expected to Generate Approximately $300 Million of Run Rate EBITDA Opportunities Acquisition Substantially Scales Herc's Premier Platform and Accelerates Strategy for Industry Leading Growth and Superior Value Creation Expected to be High Single Digit Accretive to Herc's Cash EPS in 2026 and Ramping to Greater than 20% as Synergies are Fully Realized Expected to Generate ROIC in Excess of Cost of Capital Within Three Yea
United Rentals, Inc. (NYSE:URI) announced today that its Board of Directors increased the company's quarterly dividend by 10% and declared a quarterly dividend of $1.79 per share, payable on February 26, 2025 to stockholders of record as of February 12, 2025. About United Rentals United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,591 rental locations in North America, 39 in Europe, 37 in Australia and 19 in New Zealand. In North America, the company operates in 49 states and every Canadian province. The company's approximately 27,900 employees serve construction and industrial customers, utilities, municipalities, homeow
United Rentals, Inc. (NYSE:URI) today announced financial results for the fourth quarter of 2024 and reported its full-year1 results on Form 10-K. The company also announced its full-year 2025 guidance and that its Board of Directors has approved a 10% increase to the company's quarterly dividend. Fourth Quarter 2024 Highlights Total revenue of $4.095 billion, including rental revenue2 of $3.422 billion. Net income of $689 million, at a margin3 of 16.8%. GAAP diluted earnings per share of $10.47, and adjusted EPS4 of $11.59. Adjusted EBITDA4 of $1.900 billion, at a margin3 of 46.4%. Year-over-year, fleet productivity5 increased 4.3%. Excluding the impact of the Yak6 acquisitio
United Rentals, Inc. (NYSE:URI) will hold its fourth quarter and full year 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, January 30, 2025 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-343-1703 (international: 785-424-1226). The replay number for the call is 402-220-7225. The passcode for the conference call is 53167 and the replay passcode is 39460. The company's fourth quarter and full year 2024 press release will be issued and available at unitedrentals.com a
$4.8 billion transaction will expand capacity in strategic U.S. markets and provides attractive risk-adjusted returns United Rentals, Inc. (NYSE:URI) ("United Rentals" or "the company") and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ:HEES) ("H&E") today announced their entry into a definitive agreement under which United Rentals will acquire H&E for $92 per share in cash, reflecting a total enterprise value of approximately $4.8 billion, including approximately $1.4 billion of net debt. Founded in 1961, H&E provides its customers with a comprehensive mix of high-quality general rental fleet including aerial work platforms, earthmoving equipment, material handling equipment, a
United Rentals, Inc. (NYSE:URI) announced today that its Board of Directors declared a quarterly cash dividend of $1.63 per share of URI common stock. The dividend will be payable on November 27, 2024 to shareholders of record at the close of business on November 13, 2024. About United Rentals United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,571 rental locations in North America, 39 in Europe, 37 in Australia and 19 in New Zealand. In North America, the company operates in 49 states and every Canadian province. The company's approximately 27,550 employees serve construction and industrial customers, utilities, municipali
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Caesars Entertainment, Inc. (NASDAQ:CZR) today announced the appointment of Kim Harris Jones to its Board of Directors, effective April 29, 2024, subject to required regulatory approvals and pending licensure. With a track record of strategic corporate leadership as both an executive and a board member, Harris Jones will bring a unique perspective and in-depth experience to the Caesars Entertainment Board of Directors. "Kim Harris Jones is a tremendous addition to the Caesars Entertainment leadership team," said Gary Carano, Executive Chairman of the Board, Caesars Entertainment. "With her extensive experience in finance and a reputation as a thoughtful and engaged leader inside some of t
Announces Expansion of Slate to Eight Highly Qualified Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry and Governance Experience Informs Shareholders That Browning West Has Requested the Special Meeting Be Held Without Delay Urges Gildan's Board to Respect the Will of Shareholders and Not Employ Tactics to Unreasonably Delay Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares.
Special Meeting Would Empower Shareholders to Improve Gildan's Board by Voting to Replace Five Incumbent Directors Replacement Slate Includes Five High Quality Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry Experience Urges Gildan's Board to Refrain From Taking Actions to Entrench Itself or Delay the Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares. Today, Browning West i
United Rentals, Inc. (NYSE:URI) today announced the appointment of Sybil Collins as vice president, treasurer, effective immediately. In this role, Ms. Collins will have responsibility for all treasury functions, including capital strategy, cash management, inter-company financing, foreign exchange, interest rate management, and related areas of risk management. She assumes responsibility from Irene Moshouris, who is retiring, and will report to Ted Grace, chief financial officer. Prior to joining the company, Ms. Collins spent 16 years at Morgan Stanley, most recently as Managing Director and Global Head of Treasury Planning and Strategy. During her tenure at Morgan Stanley, Ms. Collins
United Rentals, Inc. (NYSE:URI) today announced the appointment of Elizabeth Grenfell as vice president, investor relations, effective immediately. In this role, Ms. Grenfell is responsible for managing communications between the company's leadership, current and future investors, and the broader financial community. She assumes responsibility for investor relations from Ted Grace, who has served as the company's primary investor contact since 2016 and is currently chief financial officer. Prior to joining the company, Ms. Grenfell was a research analyst at Bank of America Merrill Lynch covering the aerospace & defense sector, previous to which she was an ETF Investment Strategist at Blac
Alfredo Barquin, Vice President, Business Development, to Lead M&A Strategy United Rentals, Inc. (NYSE:URI), the world's largest equipment rental company, today announced that Jeff Fenton, senior vice president, business development, will retire on June 30, 2022. He will be succeeded by Alfredo Barquin, who will lead the company's M&A growth strategy as vice president, business development. Mr. Fenton will continue working with the company as a senior advisor through December 31, 2022. Mr. Fenton joined United Rentals in his current position in 2012. Over the past decade, he has been instrumental in the successful completion of dozens of acquisitions and other transactions to expand the s