AMERCO (NASDAQ:UHAL) announced a special dividend on Tuesday, March 13th, Wall Street Journal reports. Stockholders of record on Friday, March 23rd will be paid a dividend of 0.50 per share by the transportation company on Friday, April 6th. The ex-dividend date is Thursday, March 22nd.
Shares of AMERCO (UHAL) opened at $343.95 on Friday. The stock has a market cap of $6,677.63, a P/E ratio of 21.79 and a beta of 1.04. The company has a current ratio of 3.13, a quick ratio of 2.93 and a debt-to-equity ratio of 0.98. AMERCO has a 1-year low of $326.30 and a 1-year high of $400.99.
AMERCO (NASDAQ:UHAL) last announced its quarterly earnings results on Wednesday, February 7th. The transportation company reported $2.34 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $9.20 by ($6.86). The firm had revenue of $842.88 million for the quarter, compared to analyst estimates of $784.80 million. AMERCO had a return on equity of 9.96% and a net margin of 22.22%. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.33 EPS. research analysts forecast that AMERCO will post 22.65 earnings per share for the current fiscal year.
Several research firms recently weighed in on UHAL. BidaskClub downgraded shares of AMERCO from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 19th. ValuEngine downgraded shares of AMERCO from a “buy” rating to a “hold” rating in a report on Friday, February 2nd.
In related news, Director John P. Brogan sold 200 shares of AMERCO stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $381.16, for a total value of $76,232.00. Following the completion of the sale, the director now owns 5,800 shares in the company, valued at approximately $2,210,728. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Karl A. Schmidt bought 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was bought at an average price of $353.97 per share, with a total value of $353,970.00. Following the acquisition, the director now directly owns 1,300 shares in the company, valued at approximately $460,161. The disclosure for this purchase can be found here. 42.60% of the stock is currently owned by company insiders.
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AMERCO Company Profile
AMERCO is a do-it-yourself moving and storage operator through its subsidiary, U-Haul International, Inc (U-Haul). The Company supplies its products and services to help people move and store their household and commercial goods through U-Haul. It sells U-Haul brand boxes, tape, and other moving and self-storage products and services to do-it-yourself moving and storage customers at its distribution outlets and through uhaul.com and eMove Websites.
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