Sectors & Industries IndustrialsRental & Leasing Services
Best Rental & Leasing Service Stocks to Buy Now (2024)
Top rental & leasing service stocks in 2024 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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)	Ex-dividend Date	Div. Payment Date
MWG	MULTI WAYS HOLDINGS LTD	$9.87M	N/A	0.00%	N/A	N/A	N/A	N/A
CTOS	CUSTOM TRUCK ONE SOURCE INC	$1.11B	N/A	0.00%	N/A	N/A	N/A	N/A
HEES	H&E EQUIPMENT SERVICES INC	$1.74B	1.74%	23.50%	$0.2750	$0.83	36%	0	2024-05-30	2024-06-14
WSC	WILLSCOT MOBILE MINI HOLDINGS CORP	$7.41B	N/A	0.00%	N/A	N/A	N/A	N/A
HRI	HERC HOLDINGS INC	$3.99B	1.37%	21.10%	$0.6650	$1.93	27%	0	2024-05-31	2024-06-14
R	RYDER SYSTEM INC	$5.29B	2.35%	35.00%	$0.7100	$2.84	46%	0		2024-06-21
HTZ	HERTZ GLOBAL HOLDINGS INC	$1.43B	N/A	0.00%	N/A	N/A	N/A	N/A
AL	AIR LEASE CORP	$5.33B	1.71%	16.50%	$0.2100	$0.82	35%	0	2024-06-04	2024-07-08
FTAI	FTAI AVIATION LTD	$8.49B	1.42%	54.30%	$0.3000	$1.20	29%	0
CAR	AVIS BUDGET GROUP INC	$3.97B	8.99%	30.90%	$10.0000	$10.00	92%	0
URI	UNITED RENTALS INC	$44.27B	0.94%	16.40%	$1.6300	$6.22	18%	0
GATX	GATX CORP	$4.81B	1.65%	31.70%	$0.5800	$2.23	34%	0	2024-06-14	2024-06-30
ALTG	ALTA EQUIPMENT GROUP INC	$299.65M	2.52%	-108.60%	$0.0570	$0.23	49%	0		2024-05-31
WLFC	WILLIS LEASE FINANCE CORP	$441.02M	N/A	0.00%	N/A	N/A	N/A	N/A
MGRC	MCGRATH RENTCORP	$2.71B	1.70%	36.40%	$0.4750	$1.87	35%	0
FPAY	FLEXSHOPPER INC	$24.80M	N/A	0.00%	N/A	N/A	N/A	N/A
PRG	PROG HOLDINGS INC	$1.55B	N/A	0.00%	$0.0450	N/A	N/A	0
AER	AERCAP HOLDINGS NV	$18.21B	0.27%	0.00%	$0.2500	$0.25	4%	0
MPU	MEGA MATRIX CORP	$75.56M	N/A	0.00%	$0.6468	N/A	N/A	0
UHAL	U-HAUL HOLDING CO	$12.56B	N/A	0.00%	$0.0500	N/A	N/A	3
AAN	AARON's COMPANY INC	$217.14M	N/A	-32.10%	$0.1125	N/A	N/A	0
VSTS	VESTIS CORP	$1.53B	N/A	N/A	N/A	N/A	N/A	N/A
ZCAR	ZOOMCAR HOLDINGS INC	$7.47M	N/A	0.00%	N/A	N/A	N/A	N/A

Rental & Leasing Service Stocks FAQ

What are the best rental & leasing service stocks to buy right now in May 2024?

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

1. Multi Ways Holdings (NYSEMKT:MWG)

Multi Ways Holdings (NYSEMKT:MWG) is the top rental & leasing service stock with a Zen Score of 44, which is 17 points higher than the rental & leasing service industry average of 27. It passed 14 out of 33 due diligence checks and has strong fundamentals. Multi Ways Holdings has seen its stock lose -46.04% over the past year, underperforming other rental & leasing service stocks by -82 percentage points.

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 43, which is 16 points higher than the rental & leasing service industry average of 27. It passed 14 out of 33 due diligence checks and has strong fundamentals. Custom Truck One Source has seen its stock lose -29.77% over the past year, underperforming other rental & leasing service stocks by -66 percentage points.

Custom Truck One Source has an average 1 year price target of $8.00, an upside of 73.91% from Custom Truck One Source's current stock price of $4.60.

Custom Truck One Source stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Custom Truck One Source, 25% have issued a Strong Buy rating, 50% 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 40, which is 13 points higher than the rental & leasing service industry average of 27. It passed 14 out of 38 due diligence checks and has average fundamentals. H&E Equipment Services has seen its stock return 26.46% over the past year, underperforming other rental & leasing service stocks by -10 percentage points.

H&E Equipment Services has an average 1 year price target of $63.67, an upside of 34.01% from H&E Equipment Services's current stock price of $47.51.

H&E Equipment Services stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts 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 11 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. Avis Budget Group (NASDAQ:CAR)

Avis Budget Group (NASDAQ:CAR) has an annual dividend yield of 8.99%, which is 7 percentage points higher than the rental & leasing service industry average of 2.24%. Avis Budget Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Avis Budget Group's dividend has not shown consistent growth over the last 10 years.

Avis Budget Group's dividend payout ratio of 30.9% indicates that its high dividend yield is sustainable for the long-term.

2. Alta Equipment Group (NYSE:ALTG)

Alta Equipment Group (NYSE:ALTG) has an annual dividend yield of 2.52%, which is the same as the rental & leasing service industry average of 2.24%.

Alta Equipment Group's dividend payout ratio of -108.6% indicates that its dividend yield might not be sustainable for the long-term.

3. Ryder System (NYSE:R)

Ryder System (NYSE:R) has an annual dividend yield of 2.35%, which is the same as the rental & leasing service industry average of 2.24%. 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 35% indicates that its dividend yield is sustainable for the long-term.

Why are rental & leasing service stocks down?

Rental & leasing service stocks were down -1.11% in the last day, and down -3.54% 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. Hertz Global Holdings (NASDAQ:HTZ)

Hertz Global Holdings (NASDAQ:HTZ) is the most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Hertz Global Holdings has a valuation score of 71, which is 41 points higher than the rental & leasing service industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Hertz Global Holdings's stock has dropped -70.49% in the past year. It has underperformed other stocks in the rental & leasing service industry by -107 percentage points.

2. Multi Ways Holdings (NYSEMKT:MWG)

Multi Ways Holdings (NYSEMKT:MWG) is the second most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Multi Ways Holdings has a valuation score of 71, which is 41 points higher than the rental & leasing service industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Multi Ways Holdings's stock has dropped -46.04% in the past year. It has underperformed other stocks in the rental & leasing service industry by -82 percentage points.

3. Herc Holdings (NYSE:HRI)

Herc Holdings (NYSE:HRI) is the third most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Herc Holdings has a valuation score of 57, which is 27 points higher than the rental & leasing service industry average of 30. It passed 4 out of 7 valuation due diligence checks.

Herc Holdings's stock has gained 34.47% in the past year. It has underperformed other stocks in the rental & leasing service industry by -2 percentage points.

Are rental & leasing service stocks a good buy now?

41.18% 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 6.63% 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 16.14x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.