United Rentals (NYSE:URI) Issues Quarterly Earnings Results, Beats Expectations By $1.58 EPS

United Rentals (NYSE:URI) posted its quarterly earnings data on Wednesday. The construction company reported $15.55 earnings per share for the quarter, topping the consensus estimate of $13.97 by $1.58, FiscalAI reports. United Rentals had a return on equity of 31.72% and a net margin of 15.67%. The firm had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.71 billion. During the same quarter last year, the business earned $11.70 EPS. The company’s quarterly revenue was up 15.7% compared to the same quarter last year.

United Rentals Trading Up 2.1%

Shares of URI opened at $1,065.96 on Thursday. United Rentals has a 52-week low of $701.59 and a 52-week high of $1,179.18. The business’s fifty day moving average is $1,043.97 and its 200-day moving average is $1,018.19. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.70 and a current ratio of 0.76. The firm has a market cap of $66.35 billion, a price-to-earnings ratio of 25.60, a PEG ratio of 1.52 and a beta of 1.83.

United Rentals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Wednesday, November 11th will be paid a $1.97 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $7.88 annualized dividend and a dividend yield of 0.7%. United Rentals’s dividend payout ratio (DPR) is presently 18.92%.

United Rentals News Summary

Here are the key news stories impacting United Rentals this week:

• Positive Sentiment: Record quarterly performance: United Rentals reported third-quarter revenue of $4.893 billion, up 15.7% year over year, while rental revenue increased 17.8% to $4.316 billion. Adjusted EPS was $15.55, well above the $13.83–$13.97 analyst consensus, and net income rose 31.2% to $920 million. United Rentals Announces Record Third Quarter Results and Raises Full-Year 2026 Guidance
• Positive Sentiment: Guidance raised: Management increased its 2026 revenue forecast to $18.0 billion–$18.2 billion from $17.5 billion–$17.8 billion, signaling continued demand for construction and specialty rental equipment. United Rentals rises as earnings surge, outlook raised
• Positive Sentiment: Cash generation and shareholder returns: Year-to-date operating cash flow reached $4.934 billion, while the company returned $1.496 billion to shareholders through dividends and share repurchases. United Rentals also declared a quarterly dividend of $1.97 per share, payable November 25 to shareholders of record November 11.
• Neutral Sentiment: Institutional positioning was mixed: Recent filings showed substantial new buying by JPMorgan and other investors, alongside reductions by Capital Research, Capital World Investors and Morgan Stanley. The mixed activity provides no clear near-term signal.
• Negative Sentiment: Insider selling could temper sentiment: Company insiders reported several open-market sales over the past six months, including sales by the CEO and CFO. These transactions may reflect personal liquidity or compensation decisions but are a potential overhang for investors.

Insider Activity at United Rentals

In related news, EVP William Grace sold 1,500 shares of the company’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $1,133.15, for a total transaction of $1,699,725.00. Following the completion of the sale, the executive vice president directly owned 6,062 shares in the company, valued at $6,869,155.30. This represents a 19.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.47% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Bank of America raised their price objective on United Rentals from $1,195.00 to $1,300.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Wells Fargo & Company increased their target price on United Rentals from $1,245.00 to $1,355.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Weiss Ratings restated a “buy (b-)” rating on shares of United Rentals in a research report on Wednesday. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $1,323.00 price target on shares of United Rentals in a research note on Thursday, September 24th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $1,350.00 price objective on shares of United Rentals in a research report on Friday, July 24th. Fifteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,258.69.

United Rentals Company Profile

United Rentals, Inc is an equipment rental company serving construction, industrial, infrastructure, utilities, government and other commercial customers. The company provides access to equipment and related services through a network of rental locations, helping customers manage projects without purchasing and maintaining all of the equipment they need.

Its rental fleet includes aerial work platforms, earthmoving equipment, material-handling equipment, general construction tools, trucks and trailers, and light-duty equipment.