U-Haul Holding Company Stock Price, News & Analysis

U-Haul plans to convert a two-story building at 2012 McHenry Ave. in Modesto into a self-storage facility. The project will create around 500 indoor climate-controlled storage rooms and a warehouse for U-Box® containers. The building was acquired on Oct. 5, 2021, to address increasing demand in the area. U-Haul emphasizes sustainability by repurposing existing structures to reduce energy use. This initiative is part of U-Haul's commitment to community investment and support during the COVID-19 recovery phase.

AMERCO (Nasdaq: UHAL) will report its second quarter fiscal 2022 financial results on November 3, 2021, after market close. An investor conference call is scheduled for November 4, 2021, at 8 a.m. Arizona Time (11 a.m. ET). The conference call may include forward-looking statements and will be archived for one year on the company's website. U-Haul, a subsidiary of AMERCO, operates over 23,000 locations across North America and offers a large fleet of trucks, trailers, and self-storage facilities.

U-Haul is set to open a new retail, moving, and self-storage facility in Gillette, Wyoming by 2023. The three-story structure will cover over 100,000 square feet and feature more than 700 climate-controlled self-storage rooms equipped with advanced security features. Currently, the nearest U-Haul facility is over 100 miles away in Casper. This development aims to meet increasing customer demand in the rapidly growing Gillette community, which has doubled in size in the past decade. U-Haul also plans to hire locally, promoting job growth in the area.

U-Haul is repurposing the old Rome Cinemas theater into a modern retail and self-storage facility, acquired on Sept. 28, 2021. Renovations will introduce 500 climate-controlled storage rooms with high-tech security, set to complete by spring 2022. The project will also create at least 12 jobs locally. U-Haul emphasizes sustainability through its adaptive reuse program, which aims to preserve community history while reducing unused building inventory. The facility will cater to residents and students near Berry College and Shorter University, meeting an increasing demand in the region.

U-Haul is developing a new retail and self-storage facility in Durango, Colorado, after acquiring 5 acres of land on October 1, 2021. The facility, expected to be completed by 2023, will feature over 80,000 square feet and more than 500 climate-controlled self-storage units with advanced security. This initiative aims to meet the demand for U-Haul services locally, as residents have previously traveled out of state for storage options. U-Haul plans to hire at least 10 team members locally to support job growth.

AMERCO (Nasdaq: UHAL) announced a special cash dividend of $0.50 per share on October 6, 2021. This dividend is set to be paid on October 29, 2021, to shareholders on record as of October 18, 2021. AMERCO, the parent company of U-Haul, operates in various sectors including insurance and real estate, and emphasizes sustainability through shared use.

U-Haul is now operating at the former Kmart store located at 255 Northgate Drive in Manteca, California. The company plans to add over 700 indoor climate-controlled self-storage rooms at this site. The facility, covering 107,318 square feet, will feature high-tech security and affordable pricing. U-Haul acquired this property on August 31, furthering its commitment to sustainability through adaptive reuse. The location will create at least 12 local jobs and will provide extended access hours for storage customers. U-Haul emphasizes its role as an essential service provider during the COVID-19 recovery.

U-Haul has acquired the former 10 Federal Self Storage property located at 2215 Sedwick Road in Durham, N.C. The new facility, spanning 6.95 acres, includes climate-controlled and drive-up self-storage units, catering to the needs of local students and residents. This location is strategically located four miles from the Research Triangle Institute. U-Haul emphasizes environmentally friendly practices by repurposing existing buildings, avoiding new construction. The facility is now open, providing extended hours and various moving supplies to customers.

A new U-Haul retail and self-storage facility is set to open in Bradenton, Florida, after a recent 10-acre land acquisition on Sept. 24, 2021. Located at 14703 E. State Road 64, the facility will comprise a four-story building with over 100,000 square feet and more than 700 climate-controlled self-storage rooms. Completion is scheduled for 2023. The expansion aims to cater to the growing demand in the Lakewood Ranch area, with plans to hire at least 12 local employees.