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
CTOS	CUSTOM TRUCK ONE SOURCE INC	$1.09B	N/A	0.00%	N/A	N/A	N/A	N/A
WSC	WILLSCOT MOBILE MINI HOLDINGS CORP	$7.72B	N/A	0.00%	N/A	N/A	N/A	N/A
HEES	H&E EQUIPMENT SERVICES INC	$1.79B	2.25%	23.50%	$0.2750	$1.10	45%	0
HRI	HERC HOLDINGS INC	$4.41B	1.65%	21.10%	$0.6650	$2.56	34%	0
R	RYDER SYSTEM INC	$5.58B	2.16%	35.00%	$0.7100	$2.75	44%	0	2024-05-17	2024-06-21
AL	AIR LEASE CORP	$5.54B	1.65%	16.50%	$0.2100	$0.82	34%	0	2024-06-04	2024-07-08
HTZ	HERTZ GLOBAL HOLDINGS INC	$1.50B	N/A	0.00%	N/A	N/A	N/A	N/A
FPAY	FLEXSHOPPER INC	$24.15M	N/A	0.00%	N/A	N/A	N/A	N/A
FTAI	FTAI AVIATION LTD	$7.89B	1.91%	54.30%	$0.3000	$1.50	39%	0		2024-05-21
CAR	AVIS BUDGET GROUP INC	$4.29B	8.32%	30.90%	$10.0000	$10.00	91%	0
GATX	GATX CORP	$4.70B	1.69%	31.70%	$0.5800	$2.23	35%	0	2024-06-14	2024-06-30
URI	UNITED RENTALS INC	$45.89B	0.90%	16.40%	$1.6300	$6.22	17%	0		2024-05-22
AER	AERCAP HOLDINGS NV	$18.21B	N/A	0.00%	N/A	N/A	N/A	N/A
WLFC	WILLIS LEASE FINANCE CORP	$412.75M	N/A	0.00%	N/A	N/A	N/A	N/A
ALTG	ALTA EQUIPMENT GROUP INC	$325.17M	2.32%	-108.60%	$0.0570	$0.23	46%	0	2024-05-14	2024-05-31
MGRC	MCGRATH RENTCORP	$2.70B	1.70%	36.40%	$0.4750	$1.87	35%	0
PRG	PROG HOLDINGS INC	$1.53B	N/A	0.00%	$0.0450	N/A	N/A	0
MPU	MEGA MATRIX CORP	$75.91M	N/A	0.00%	$0.6468	N/A	N/A	0
UHAL	U-HAUL HOLDING CO	$13.51B	N/A	0.00%	$0.0500	N/A	N/A	3
MWG	MULTI WAYS HOLDINGS LTD	$10.15M	N/A	0.00%	N/A	N/A	N/A	N/A
AAN	AARON's COMPANY INC	$227.55M	N/A	-32.10%	$0.1125	N/A	N/A	0
VSTS	VESTIS CORP	$1.52B	N/A	N/A	N/A	N/A	N/A	N/A
ZCAR	ZOOMCAR HOLDINGS INC	$11.91M	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. Custom Truck One Source (NYSE:CTOS)

Custom Truck One Source (NYSE:CTOS) is the top rental & leasing service stock with a Zen Score of 43, which is 17 points higher than the rental & leasing service industry average of 26. It passed 14 out of 33 due diligence checks and has strong fundamentals. Custom Truck One Source has seen its stock lose -28.25% over the past year, underperforming other rental & leasing service stocks by -70 percentage points.

Custom Truck One Source has an average 1 year price target of $8.25, an upside of 82.52% from Custom Truck One Source's current stock price of $4.52.

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. H&E Equipment Services (NASDAQ:HEES)

H&E Equipment Services (NASDAQ:HEES) is the second best rental & leasing service stock with a Zen Score of 40, which is 14 points higher than the rental & leasing service industry average of 26. It passed 14 out of 38 due diligence checks and has average fundamentals. H&E Equipment Services has seen its stock return 40.53% 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 $64.00, an upside of 30.83% from H&E Equipment Services's current stock price of $48.92.

H&E Equipment Services stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 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.

3. Willscot Mobile Mini Holdings (NASDAQ:WSC)

Willscot Mobile Mini Holdings (NASDAQ:WSC) is the third best rental & leasing service stock with a Zen Score of 40, which is 14 points higher than the rental & leasing service industry average of 26. It passed 14 out of 33 due diligence checks and has average fundamentals. Willscot Mobile Mini Holdings has seen its stock lose -9.24% over the past year, underperforming other rental & leasing service stocks by -51 percentage points.

Willscot Mobile Mini Holdings has an average 1 year price target of $51.00, an upside of 25.71% from Willscot Mobile Mini Holdings's current stock price of $40.57.

Willscot Mobile Mini Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Willscot Mobile Mini Holdings, 55.56% have issued a Strong Buy rating, 22.22% have issued a Buy, 22.22% 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 8.32%, which is 6 percentage points higher than the rental & leasing service industry average of 2.45%. 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 2.32%, which is the same as the rental & leasing service industry average of 2.45%.

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

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

H&E Equipment Services (NASDAQ:HEES) has an annual dividend yield of 2.25%, which is the same as the rental & leasing service industry average of 2.45%. H&E Equipment Services's dividend payout is stable, having never dropped by more than 10% in the last 10 years. H&E Equipment Services's dividend has shown consistent growth over the last 10 years.

H&E Equipment Services's dividend payout ratio of 23.5% indicates that its dividend yield is sustainable for the long-term.

Why are rental & leasing service stocks up?

Rental & leasing service stocks were up 1.43% in the last day, and up 4.24% over the last week.

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

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 44 points higher than the rental & leasing service industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Hertz Global Holdings's stock has dropped -69.33% in the past year. It has underperformed other stocks in the rental & leasing service industry by -111 percentage points.

2. Herc Holdings (NYSE:HRI)

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

Herc Holdings's stock has gained 53.28% in the past year. It has overperformed other stocks in the rental & leasing service industry by 11 percentage points.

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

H&E Equipment Services (NASDAQ:HEES) is the third most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. H&E Equipment Services has a valuation score of 43, which is 16 points higher than the rental & leasing service industry average of 27. It passed 3 out of 7 valuation due diligence checks.

H&E Equipment Services's stock has gained 40.53% 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 3.1% 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 16.32x.

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.

Rental & Leasing Service Stocks FAQ

1. Custom Truck One Source (NYSE:CTOS)

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

3. Willscot Mobile Mini Holdings (NASDAQ:WSC)

1. Avis Budget Group (NASDAQ:CAR)

2. Alta Equipment Group (NYSE:ALTG)

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

1. Hertz Global Holdings (NASDAQ:HTZ)

2. Herc Holdings (NYSE:HRI)

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

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