AMERCO (NASDAQ:UHAL) declared a special dividend on Friday, December 7th, Wall Street Journal reports. Shareholders of record on Thursday, December 20th will be given a dividend of 0.50 per share by the transportation company on Monday, January 7th. The ex-dividend date is Wednesday, December 19th.
AMERCO stock opened at $340.08 on Friday. AMERCO has a twelve month low of $316.00 and a twelve month high of $386.64. The stock has a market capitalization of $6.78 billion, a price-to-earnings ratio of 21.66 and a beta of 0.86. The company has a current ratio of 2.12, a quick ratio of 1.95 and a debt-to-equity ratio of 0.97.
AMERCO (NASDAQ:UHAL) last announced its earnings results on Wednesday, November 7th. The transportation company reported $8.35 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $6.49 by $1.86. AMERCO had a net margin of 22.32% and a return on equity of 9.56%. The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period last year, the firm earned $6.36 earnings per share. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. As a group, equities analysts forecast that AMERCO will post 17.96 earnings per share for the current fiscal year.
In other news, General Counsel Respino Laurence J. De sold 75 shares of the firm’s stock in a transaction that occurred on Thursday, October 4th. The shares were sold at an average price of $369.92, for a total transaction of $27,744.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 42.60% of the stock is currently owned by company insiders.
Several brokerages have recently commented on UHAL. BidaskClub cut shares of AMERCO from a “sell” rating to a “strong sell” rating in a report on Tuesday. ValuEngine raised shares of AMERCO from a “hold” rating to a “buy” rating in a report on Wednesday, November 21st.
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AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.
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