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Sectors & IndustriesIndustrialsRental & Leasing Services
Best Rental & Leasing Service Stocks to Buy Now (2023)
Top rental & leasing service stocks in 2023 ranked by overall Zen Score. See the best rental & leasing service stocks to buy now, according to analyst forecasts for the rental & leasing services industry.

Industry: Rental & Leasing Services
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
AL
AIR LEASE CORP
NYSE
Rental & Leasing Services
$4.31B$38.78-1.57%$2.39B8.66x3.26
CTOS
CUSTOM TRUCK ONE SOURCE INC
NYSE
Rental & Leasing Services
$1.45B$5.98-1.32%$404.74M21.36x2.53
HEES
H&E EQUIPMENT SERVICES INC
NASDAQ
Rental & Leasing Services
$1.68B$46.01-1.79%$679.77M9.89x4.30
FTAI
FTAI AVIATION LTD
NASDAQ
Rental & Leasing Services
$4.22B$42.13-0.19%$466.82M34.25x26.86
HRI
HERC HOLDINGS INC
NYSE
Rental & Leasing Services
$3.40B$120.20-5.04%$1.40B9.74x4.75
WSC
WILLSCOT MOBILE MINI HOLDINGS CORP
NASDAQ
Rental & Leasing Services
$7.83B$40.85-2.44%$1.11B17.38x3.63
GATX
GATX CORP
NYSE
Rental & Leasing Services
$3.95B$111.31-1.79%$940.90M16.51x3.90
R
RYDER SYSTEM INC
NYSE
Rental & Leasing Services
$4.78B$107.90-0.65%$2.99B10.32x3.95
HTZ
HERTZ GLOBAL HOLDINGS INC
NASDAQ
Rental & Leasing Services
$2.70B$8.77-3.63%$3.53B2.45x6.54
MGRC
MCGRATH RENTCORP
NASDAQ
Rental & Leasing Services
$2.48B$101.25-1.07%$362.72M13.57x1.34
ALTG
ALTA EQUIPMENT GROUP INC
NYSE
Rental & Leasing Services
$337.60M$10.430.29%$182.00M45.35x9.04
TGH
TEXTAINER GROUP HOLDINGS LTD
NYSE
Rental & Leasing Services
$1.99B$49.18-0.12%$698.63M9.94x2.62
URI
UNITED RENTALS INC
NYSE
Rental & Leasing Services
$32.23B$475.50-2.98%$6.47B13.76x2.33
WLFC
WILLIS LEASE FINANCE CORP
NASDAQ
Rental & Leasing Services
$286.37M$44.97-2.24%$229.32M6.42x4.91
AAN
AARON's COMPANY INC
NYSE
Rental & Leasing Services
$302.38M$9.971.73%$697.78M32.16x1.56
AER
AERCAP HOLDINGS NV
NYSE
Rental & Leasing Services
$14.54B$68.44-0.98%$6.95B6.26x3.39
CAR
AVIS BUDGET GROUP INC
NASDAQ
Rental & Leasing Services
$6.66B$183.97-4.87%$5.95B3.91x-979.76
PRG
PROG HOLDINGS INC
NYSE
Rental & Leasing Services
$1.26B$28.16-1.57%$1.88B8.56x1.49
FPAY
FLEXSHOPPER INC
NASDAQ
Rental & Leasing Services
$37.24M$1.722.99%$83.54M-86.00x4.05
MPU
MEGA MATRIX CORP
NYSEMKT
Rental & Leasing Services
$45.68M$1.44-2.04%-$9.57M-4.24x0.03
VSTS
VESTIS CORP
NYSE
Rental & Leasing Services
N/A$18.37-2.18%N/AN/A0.32
UHAL
U-HAUL HOLDING CO
NYSE
Rental & Leasing Services
$11.39B$58.10-1.09%$2.02B12.44x1.71
MWG
MULTI WAYS HOLDINGS LTD
NYSEMKT
Rental & Leasing Services
$8.30M$0.270.00%N/A-1.68x2.80

Rental & Leasing Service Stocks FAQ

What are the best rental & leasing service stocks to buy right now in Dec 2023?

According to Zen Score, the 3 best rental & leasing service stocks to buy right now are:

1. Air Lease (NYSE:AL)


Air Lease (NYSE:AL) is the top rental & leasing service stock with a Zen Score of 48, which is 18 points higher than the rental & leasing service industry average of 30. It passed 17 out of 38 due diligence checks and has strong fundamentals. Air Lease has seen its stock return 0.96% over the past year, underperforming other rental & leasing service stocks by -12 percentage points.

Air Lease has an average 1 year price target of $51.00, an upside of 31.51% from Air Lease's current stock price of $38.78.

Air Lease stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Air Lease, 75% have issued a Strong Buy rating, 0% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Custom Truck One Source (NYSE:CTOS)


Custom Truck One Source (NYSE:CTOS) is the second best rental & leasing service stock with a Zen Score of 45, which is 15 points higher than the rental & leasing service industry average of 30. It passed 15 out of 33 due diligence checks and has strong fundamentals. Custom Truck One Source has seen its stock lose -13.08% over the past year, underperforming other rental & leasing service stocks by -26 percentage points.

Custom Truck One Source has an average 1 year price target of $8.50, an upside of 42.14% from Custom Truck One Source's current stock price of $5.98.

Custom Truck One Source stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Custom Truck One Source, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. H&E Equipment Services (NASDAQ:HEES)


H&E Equipment Services (NASDAQ:HEES) is the third best rental & leasing service stock with a Zen Score of 43, which is 13 points higher than the rental & leasing service industry average of 30. It passed 15 out of 38 due diligence checks and has strong fundamentals. H&E Equipment Services has seen its stock return 10.2% over the past year, underperforming other rental & leasing service stocks by -2 percentage points.

H&E Equipment Services has an average 1 year price target of $61.00, an upside of 32.58% from H&E Equipment Services's current stock price of $46.01.

H&E Equipment Services stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering H&E Equipment Services, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the rental & leasing service stocks with highest dividends?

Out of 10 rental & leasing service stocks that have issued dividends in the past year, the 3 rental & leasing service stocks with the highest dividend yields are:

1. Ftai Aviation (NASDAQ:FTAI)


Ftai Aviation (NASDAQ:FTAI) has an annual dividend yield of 2.85%, which is 1 percentage points higher than the rental & leasing service industry average of 2.15%. Ftai Aviation's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Ftai Aviation's dividend has shown consistent growth over the last 10 years.

Ftai Aviation's dividend payout ratio of 97.6% indicates that its dividend yield might not be sustainable for the long-term.

2. Ryder System (NYSE:R)


Ryder System (NYSE:R) has an annual dividend yield of 2.47%, which is the same as the rental & leasing service industry average of 2.15%. Ryder System's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Ryder System's dividend has shown consistent growth over the last 10 years.

Ryder System's dividend payout ratio of 24.6% indicates that its dividend yield is sustainable for the long-term.

3. Textainer Group Holdings (NYSE:TGH)


Textainer Group Holdings (NYSE:TGH) has an annual dividend yield of 2.44%, which is the same as the rental & leasing service industry average of 2.15%. Textainer Group Holdings's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Textainer Group Holdings's dividend has not shown consistent growth over the last 10 years.

Textainer Group Holdings's dividend payout ratio of 23.2% indicates that its dividend yield is sustainable for the long-term.

Why are rental & leasing service stocks down?

Rental & leasing service stocks were down -2.49% in the last day, and up 3.21% over the last week.

We couldn't find a catalyst for why rental & leasing service stocks are down.

What are the most undervalued rental & leasing service stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued rental & leasing service stocks right now are:

1. Air Lease (NYSE:AL)


Air Lease (NYSE:AL) is the most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Air Lease has a valuation score of 71, which is 38 points higher than the rental & leasing service industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Air Lease's stock has gained 0.96% in the past year. It has underperformed other stocks in the rental & leasing service industry by -12 percentage points.

2. Hertz Global Holdings (NASDAQ:HTZ)


Hertz Global Holdings (NASDAQ:HTZ) is the second most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Hertz Global Holdings has a valuation score of 57, which is 24 points higher than the rental & leasing service industry average of 33. It passed 4 out of 7 valuation due diligence checks.

Hertz Global Holdings's stock has dropped -46.43% in the past year. It has underperformed other stocks in the rental & leasing service industry by -59 percentage points.

3. Willis Lease Finance (NASDAQ:WLFC)


Willis Lease Finance (NASDAQ:WLFC) is the third most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Willis Lease Finance has a valuation score of 57, which is 24 points higher than the rental & leasing service industry average of 33. It passed 4 out of 7 valuation due diligence checks.

Willis Lease Finance's stock has dropped -8% in the past year. It has underperformed other stocks in the rental & leasing service industry by -21 percentage points.

Are rental & leasing service stocks a good buy now?

44.44% of rental & leasing service stocks rated by analysts are a strong buy right now. On average, analysts expect rental & leasing service stocks to rise by 13.4% over the next year.

What is the average p/e ratio of the rental & leasing services industry?

The average P/E ratio of the rental & leasing services industry is 12.37x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.