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)	Div. Payment Date
CTOS	CUSTOM TRUCK ONE SOURCE INC	$1.25B	N/A	0.00%	N/A	N/A	N/A	N/A
WSC	WILLSCOT MOBILE MINI HOLDINGS CORP	$7.22B	N/A	0.00%	N/A	N/A	N/A	N/A
FTAI	FTAI AVIATION LTD	$6.82B	1.76%	56.60%	$0.3000	$1.20	34%	0
HEES	H&E EQUIPMENT SERVICES INC	$2.12B	1.90%	29.30%	$0.2750	$1.10	37%	0
HRI	HERC HOLDINGS INC	$4.27B	1.70%	20.80%	$0.6650	$2.56	33%	0
CAR	AVIS BUDGET GROUP INC	$3.62B	9.80%	23.50%	$10.0000	$10.00	92%	0
FPAY	FLEXSHOPPER INC	$24.15M	N/A	0.00%	N/A	N/A	N/A	N/A
R	RYDER SYSTEM INC	$4.71B	2.57%	30.90%	$0.7100	$2.75	48%	0
AL	AIR LEASE CORP	$5.41B	1.68%	15.70%	$0.2100	$0.82	33%	0
GATX	GATX CORP	$4.55B	1.74%	30.90%	$0.5800	$2.23	34%	0
MGRC	MCGRATH RENTCORP	$2.71B	1.69%	26.10%	$0.4750	$1.87	33%	0	2024-04-30
URI	UNITED RENTALS INC	$42.52B	0.96%	16.70%	$1.6300	$6.07	17%	0
ALTG	ALTA EQUIPMENT GROUP INC	$376.76M	1.96%	126.70%	$0.0570	$0.23	38%	0
WLFC	WILLIS LEASE FINANCE CORP	$321.14M	N/A	0.00%	N/A	N/A	N/A	N/A
AAN	AARON's COMPANY INC	$221.94M	N/A	416.70%	$0.1125	N/A	N/A	0
HTZ	HERTZ GLOBAL HOLDINGS INC	$1.83B	N/A	0.00%	N/A	N/A	N/A	N/A
PRG	PROG HOLDINGS INC	$1.35B	N/A	0.00%	$0.0450	N/A	N/A	0
AER	AERCAP HOLDINGS NV	$16.96B	N/A	0.00%	N/A	N/A	N/A	N/A
MPU	MEGA MATRIX CORP	$87.89M	N/A	0.00%	$0.6468	N/A	N/A	0
UHAL	U-HAUL HOLDING CO	$12.35B	N/A	0.00%	$0.0500	N/A	N/A	3
MWG	MULTI WAYS HOLDINGS LTD	$10.21M	N/A	0.00%	N/A	N/A	N/A	N/A
VSTS	VESTIS CORP	$2.44B	N/A	N/A	N/A	N/A	N/A	N/A
ZCAR	ZOOMCAR HOLDINGS INC	$12.15M	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 Apr 2024?

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

1. Custom Truck One Source (NYSE:CTOS)

Custom Truck One Source (NYSE:CTOS) is the top rental & leasing service stock with a Zen Score of 57, which is 28 points higher than the rental & leasing service industry average of 29. It passed 19 out of 33 due diligence checks and has strong fundamentals. Custom Truck One Source has seen its stock lose -18.44% over the past year, underperforming other rental & leasing service stocks by -42 percentage points.

Custom Truck One Source has an average 1 year price target of $8.75, an upside of 67.62% from Custom Truck One Source's current stock price of $5.22.

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.

2. Willscot Mobile Mini Holdings (NASDAQ:WSC)

Willscot Mobile Mini Holdings (NASDAQ:WSC) is the second best rental & leasing service stock with a Zen Score of 46, which is 17 points higher than the rental & leasing service industry average of 29. It passed 16 out of 33 due diligence checks and has strong fundamentals. Willscot Mobile Mini Holdings has seen its stock lose -11.84% over the past year, underperforming other rental & leasing service stocks by -36 percentage points.

Willscot Mobile Mini Holdings has an average 1 year price target of $52.00, an upside of 36.91% from Willscot Mobile Mini Holdings's current stock price of $37.98.

Willscot Mobile Mini Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Willscot Mobile Mini Holdings, 57.14% have issued a Strong Buy rating, 14.29% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Ftai Aviation (NASDAQ:FTAI)

Ftai Aviation (NASDAQ:FTAI) is the third best rental & leasing service stock with a Zen Score of 45, which is 16 points higher than the rental & leasing service industry average of 29. It passed 17 out of 38 due diligence checks and has strong fundamentals. Ftai Aviation has seen its stock return 145.12% over the past year, overperforming other rental & leasing service stocks by 121 percentage points.

Ftai Aviation has an average 1 year price target of $77.25, an upside of 13.49% from Ftai Aviation's current stock price of $68.07.

Ftai Aviation stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Ftai Aviation, 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.

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. Avis Budget Group (NASDAQ:CAR)

Avis Budget Group (NASDAQ:CAR) has an annual dividend yield of 9.8%, which is 7 percentage points higher than the rental & leasing service industry average of 2.58%. 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 23.5% indicates that its high dividend yield is sustainable for the long-term.

2. Ryder System (NYSE:R)

Ryder System (NYSE:R) has an annual dividend yield of 2.57%, which is the same as the rental & leasing service industry average of 2.58%. 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 30.9% indicates that its dividend yield is sustainable for the long-term.

3. Alta Equipment Group (NYSE:ALTG)

Alta Equipment Group (NYSE:ALTG) has an annual dividend yield of 1.96%, which is -1 percentage points lower than the rental & leasing service industry average of 2.58%.

Alta Equipment Group's dividend payout ratio of 126.7% indicates that its dividend yield might not be sustainable for the long-term.

Why are rental & leasing service stocks down?

Rental & leasing service stocks were down -0.72% in the last day, and down -6.63% 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 40 points higher than the rental & leasing service industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Hertz Global Holdings's stock has dropped -60.46% in the past year. It has underperformed other stocks in the rental & leasing service industry by -84 percentage points.

2. Custom Truck One Source (NYSE:CTOS)

Custom Truck One Source (NYSE:CTOS) is the second most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Custom Truck One Source has a valuation score of 57, which is 26 points higher than the rental & leasing service industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Custom Truck One Source's stock has dropped -18.44% in the past year. It has underperformed other stocks in the rental & leasing service industry by -42 percentage points.

3. Avis Budget Group (NASDAQ:CAR)

Avis Budget Group (NASDAQ:CAR) is the third most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Avis Budget Group has a valuation score of 57, which is 26 points higher than the rental & leasing service industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Avis Budget Group's stock has dropped -42.76% in the past year. It has underperformed other stocks in the rental & leasing service industry by -67 percentage points.

Are rental & leasing service stocks a good buy now?

47.06% 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 9.61% 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 14.82x.

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.