United Rentals (URI) Declares Quarterly Dividend of $1.79 per Share

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2 days ago
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Key Takeaways:

  • United Rentals (URI, Financial) maintains a quarterly dividend of $1.79 per share, with a current forward yield of 1.22%.
  • Analysts project a significant upside, averaging 18.22% on URI's stock price over the next year.
  • Consensus among brokers rates URI as "Outperform," indicating strong performance expectations.

United Rentals (URI) has declared a consistent quarterly dividend, offering $1.79 per share. This steady payout results in a forward yield of 1.22%, reflecting the company's commitment to rewarding shareholders. The dividend is scheduled for disbursement on May 28, with shareholders needing to be on record by May 14. In recent financial disclosures, United Rentals reported a non-GAAP EPS of $8.86, beating the consensus by $0.05. This was alongside revenue figures reaching $3.72 billion, surpassing predictions by $110 million.

Wall Street Analysts Forecast

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Insights from 16 esteemed analysts suggest a one-year price target for United Rentals Inc (URI, Financial) averaging $696.57. Projections range from a bullish high of $974.00 to a more conservative low of $485.00. Given the current pricing at $589.21, this average target highlights a potential upside of 18.22%. For in-depth analysis, visit the United Rentals Inc (URI) Forecast page.

According to 23 brokerage firms, United Rentals Inc (URI, Financial) boasts an average recommendation score of 2.4, categorizing it as "Outperform." This rating employs a scale of 1 to 5, where 1 represents a "Strong Buy" and 5 signals a "Sell." This consensus underscores the company's promising outlook and growth potential.

In alignment with GuruFocus estimates, the anticipated GF Value for United Rentals Inc (URI, Financial) over the next year is $614.09. This figure marks an expected upside of 4.22% from the present price point of $589.21. The GF Value is derived from the stock's historical trading multiples, prior business growth, and forward-looking performance estimates. For a comprehensive overview, refer to the United Rentals Inc (URI) Summary page.

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Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.