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United Rentals, Inc. - $URI STOCK NEWS

Welcome to our dedicated page for United Rentals news (Ticker: $URI), a resource for investors and traders seeking the latest updates and insights on United Rentals stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect United Rentals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of United Rentals's position in the market.

Rhea-AI Summary

United Rentals, Inc. (NYSE: URI) has been selected for Newsweek's Most Trustworthy Companies in America 2024 list for the third consecutive year. The recognition highlights the company's strong commitment to trust and transparency in its business operations. The evaluation criteria included customer, investor, and employee trust, with United Rentals standing out for its ethical governance and conduct.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.27%
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Rhea-AI Summary
United Rentals, Inc. (NYSE: URI) has declared a quarterly cash dividend of $1.63 per share for its common stock. The dividend is payable on May 22, 2024, to stockholders of record on May 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.45%
Tags
dividends
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Rhea-AI Summary
United Rentals, Inc. (NYSE: URI) announced record first-quarter results, including total revenue of $3.485 billion, net income of $542 million, and adjusted EPS of $9.15. The company raised its 2024 guidance post-acquisition of Yak, expecting total revenue of $14.950 billion to $15.450 billion and adjusted EBITDA of $7.040 billion to $7.290 billion. CEO Matthew Flannery highlighted the team's commitment to customer-centric strategies and the acquisition's positive impact on growth and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.45%
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Rhea-AI Summary
United Rentals, Inc. (NYSE: URI) will hold its first quarter 2024 conference call with CEO Matt Flannery and CFO Ted Grace on April 25, 2024. The call will be available live on unitedrentals.com and archived for future reference. The press release for the first quarter 2024 will be released on April 24, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
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Rhea-AI Summary
United Rentals, Inc. (NYSE: URI) has been honored as one of America's Best Employers 2024 by Forbes and Statista Inc. The company's commitment to its team's growth and development has been recognized through direct and indirect evaluations. United Rentals has also received accolades for workplace diversity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
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Rhea-AI Summary
United Rentals, Inc. (NYSE: URI) has completed the acquisition of Yak Access, , Yak Mat, , and New South Access & Environmental Solutions, for $1.1 billion in cash. Yak, a leader in the North American matting industry, generated $171 million of adjusted EBITDA on $353 million of adjusted revenue in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.19%
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Rhea-AI Summary
United Rentals, Inc. introduces battery energy systems for tower cranes in collaboration with Termaco, providing clean, sustainable power to reduce fuel consumption and emissions. Award Construction successfully implements the system, reducing generator run time by 91% and achieving an 80% fuel and emissions reduction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
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Rhea-AI Summary
United Rentals, Inc. (URI) announces a $1.1 billion offering of 6.125% Senior Notes due 2034 to finance the acquisition of Yak Access, LLC. The Notes are guaranteed by URI and certain subsidiaries, with expected net proceeds of $1.090 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
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Rhea-AI Summary
United Rentals, Inc. (URI) announced a $1.1 billion Senior Notes offering to finance the acquisition of Yak Access, LLC, with expected net proceeds of $1.090 billion. The Notes are guaranteed by URI and certain subsidiaries, offered under exemptions, and not registered under the Securities Act.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
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Rhea-AI Summary
Platinum Equity sells Yak Access, Yak Mat, and New South Access to United Rentals for $1.1 billion in cash, expected to close in Q1 2024. Yak, a leader in matting industry, serves utility and midstream verticals. Platinum Equity transformed Yak, enhancing service offerings and investing in R&D.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
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United Rentals, Inc.

NYSE:URI

URI Rankings

URI Stock Data

44.90B
66.79M
0.5%
99.02%
3.59%
General Rental Centers
Real Estate and Rental and Leasing
Link
United States of America
STAMFORD

About URI

as north america’s largest equipment rental company, with 880+ stores in the united states and canada, we serve construction and industrial companies, utilities, municipalities, homeowners, and communities, with the goal of fulfilling customer needs and surpassing expectations. we go beyond equipment. we are the world’s largest fleet of problem solvers, with best-in-class specialty solutions, safety training and 24/7 support to empower your success. for more updates - follow us on twitter: www.unitedrentals.com/twitter like us on facebook: www.unitedrentals.com/facebook join us on google+: www.unitedrentals.com/google see more videos: www.unitedrentals.com/youtube