United Rentals Stock News

With multiple interest rate cuts on the horizon, now's the time to rotate back into infrastructure stocks. Low borrowing costs following rate reductions foster a positive financial landscape for funding expansive infrastructure projects.

United Rentals reported a solid quarter with shares moving up 5+% after earnings. Its business focuses on renting construction and specialty equipment, leveraging its scale and its logistics. The company benefits from several competitive advantages and offers billions to its shareholders via buybacks, a newly instated dividend.

United Rentals shares closed up 5.4% despite falling short of revenue and earnings expectations in Q2 2024. The company's growth continues to impress, and management has plans for more of it over the next few years. While shares aren't as cheap as they were in the past, they are still attractively priced and warrant further upside.

United Rentals edged past Q2 earnings estimates as big projects continued to keep its full-year outlook on track.

Investing in overlooked infrastructure stocks is a great way to capitalize on the United States' impending infrastructure boom. With the bipartisan Infrastructure Investments & Jobs Act in full swing, there are a number of companies that are set to be major beneficiaries.

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced that United Academy - the company's training arm - has marked its tenth anniversary. United Academy is the industry's largest training program, offering training courses and OSHA certifications to help customers develop a stronger, safer workforce. United Academy has...

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) will hold its second quarter 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, July 25, 2024 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...

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today reported strong adoption across digital platforms, including Total Control©, United Rentals Mobile App™, and the online marketplace. During Q1 2024, over 70% of United Rentals' revenue came from customers who use one or more digital tools to support their safety, productivity ...