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U-Haul Holding Company (UHALB) Stock News, Apr-May 2024

UHALB NYSE

U-Haul Holding Company (NYSE: UHAL, UHAL.B) generates a steady flow of news through its U-Haul moving and storage operations, insurance subsidiaries and real estate activities. As parent to U-Haul International, Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, it issues updates that touch on transportation, self-storage, insurance and capital markets topics.

News about U-Haul often highlights its role as the No. 1 choice of do-it-yourself movers, its large fleet of trucks, trailers and towing devices, and its extensive network of more than 24,000 rental locations across all 50 states and 10 Canadian provinces. Releases also describe the company’s position as the third largest self-storage operator in North America, with over a million rentable storage units and tens of millions of square feet of storage space at owned and managed facilities.

Investors and observers can expect coverage of quarterly financial results, dividend declarations on the Series N Non-Voting Common Stock (UHAL.B), participation in investor forums, and operating metrics for the moving and storage segment. The company also issues frequent announcements about its U-Haul Growth Index, ranking states, metros and cities by net gains of one-way customers, which it presents as a gauge of migration trends.

Another recurring news theme is U-Haul’s disaster relief efforts, where it offers 30 days of free self-storage and U-Box container usage to communities affected by floods and other natural events. Updates on new repair shops, facility openings or changes, and community programs also appear. This news page brings these developments together so readers can follow how U-Haul Holding Company and its UHAL.B share class are evolving across moving, storage, insurance and real estate activities.

Rhea-AI Summary

U-Haul announced plans to repurpose a former Kmart site in Kenton, Ohio, into a U-Haul Moving & Storage facility. Purchased on Feb. 9, the 11-acre property will feature 95,000 square feet of retail, moving, and self-storage space. This includes 720 indoor climate-controlled storage units with high-tech security. The facility will offer truck and trailer rentals, U-Box containers, moving supplies, professional hitch installation, and propane services. U-Haul plans to hire up to 10 local staff members and emphasizes its sustainability initiatives, including adaptive reuse of buildings and various green programs.

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After severe storms hit Tallahassee, U-Haul is offering 30 days of free self-storage and U-Box container usage to residents in need. With three local stores participating in the relief efforts, U-Haul aims to support the community during the recovery process.

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U-Haul recently opened a new retail, moving, and self-storage center in Orlando, Florida, offering 664 climate-controlled self-storage rooms and 22 drive-up units with high-end security features. The property was acquired from Golden Storage and will operate with extended hours. U-Haul plans to hire locally to support job growth in the area and actively recruits veterans. The company focuses on sustainability through shared-use business models and environmental initiatives.

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U-Haul is providing 30 days of free self-storage and U-Box container usage to residents impacted by tornado damage in northeast Oklahoma. Six U-Haul facilities in Tulsa and Broken Arrow are participating in this disaster relief effort. U-Box containers can be delivered to residential locations and picked up as part of the program. This initiative aims to assist communities in the aftermath of natural disasters.

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U-Haul is providing 30 days of free U-Box storage to Livingston flood victims, aiding in recovery efforts due to severe flooding in the area. The offer is for new U-Box rentals and subject to availability, with mobile storage helping impacted families deal with property clean-up.

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U-Haul Holding Company (NYSE: UHAL) will participate in the 2024 BMO Real Estate Conference in New York City. The parent company of U-Haul International, Inc., North America's largest 'do-it-yourself' moving and self-storage company, will have meetings with institutional investors.

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U-Haul has acquired a self-storage facility in Decatur to meet growing demand, now operating as U-Haul Storage of Decatur. The facility offers 246 self-storage units with security features, various rental options, and convenient business hours. U-Haul plans to hire two new team members locally and continues its sustainability efforts through shared-use business practices.

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FAQ

What is the current stock price of U-Haul Holding (UHAL.B)?

U-Haul Holding (UHAL.B) last closed at $53.68.

What is the market cap of U-Haul Holding (UHALB)?

The market cap of U-Haul Holding (UHALB) is approximately $10.4B.