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 Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
CTOS	CUSTOM TRUCK ONE SOURCE INC	United States	$1.24B	240,265,228	75.88%	24.12%	Net Selling	Net Selling
WSC	WILLSCOT MOBILE MINI HOLDINGS CORP	United States	$7.25B	189,970,639	52.48%	47.52%	Net Selling	Net Selling
FTAI	FTAI AVIATION LTD	United States	$7.36B	100,245,905	56.98%	43.02%	Net Buying
HEES	H&E EQUIPMENT SERVICES INC	United States	$2.14B	36,464,701	58.54%	41.46%	Net Selling	Net Selling
HRI	HERC HOLDINGS INC	United States	$4.36B	28,368,574	76.46%	23.54%	Net Selling	Net Selling
CAR	AVIS BUDGET GROUP INC	United States	$3.66B	35,472,745	33.29%	66.71%	Net Selling	Net Selling
FPAY	FLEXSHOPPER INC	United States	$23.27M	21,752,304	13.83%	86.17%	Net Buying
MGRC	MCGRATH RENTCORP	United States	$2.66B	24,496,233	83.92%	16.08%	Net Selling	Net Selling
R	RYDER SYSTEM INC	United States	$5.36B	43,828,793	88.09%	4.55%	Net Selling	Net Selling
AL	AIR LEASE CORP	United States	$5.71B	111,027,252	79.11%	20.89%	Net Selling	Net Selling
GATX	GATX CORP	United States	$4.47B	35,500,000	86.81%	13.19%	Net Buying	Net Selling
URI	UNITED RENTALS INC	United States	$43.63B	66,589,926	55.03%	44.97%	Net Buying	Net Selling
ALTG	ALTA EQUIPMENT GROUP INC	United States	$379.68M	32,368,112	53.13%	46.87%	Net Selling	Net Selling
AAN	AARON's COMPANY INC	United States	$225.59M	30,361,434	91.88%	4.27%	Net Buying	Net Selling
WLFC	WILLIS LEASE FINANCE CORP	United States	$314.49M	6,393,323	10.23%	89.77%	Net Buying	Net Buying
HTZ	HERTZ GLOBAL HOLDINGS INC	United States	$1.77B	305,296,256	96.98%	3.02%	Net Selling	Net Selling
AER	AERCAP HOLDINGS NV	Ireland	$17.23B	202,493,168	93.20%	3.85%
PRG	PROG HOLDINGS INC	United States	$1.54B	43,174,574	58.48%	41.52%	Net Buying	Net Buying
MPU	MEGA MATRIX CORP	United States	$84.66M	35,874,631	2.87%	7.86%
MWG	MULTI WAYS HOLDINGS LTD	Singapore	$11.10M	30,840,000	0.65%	0.00%
UHAL	U-HAUL HOLDING CO	United States	$12.74B	196,077,880	35.74%	26.19%	Net Selling	Net Selling
VSTS	VESTIS CORP	United States	$2.46B	131,443,138	97.69%	0.51%	Net Buying	Net Buying
ZCAR	ZOOMCAR HOLDINGS INC	United States	$15.09M	39,711,059	1.01%	24.50%

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 -20.34% over the past year, underperforming other rental & leasing service stocks by -50 percentage points.

Custom Truck One Source has an average 1 year price target of $8.75, an upside of 69.25% from Custom Truck One Source's current stock price of $5.17.

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 -12.47% over the past year, underperforming other rental & leasing service stocks by -42 percentage points.

Willscot Mobile Mini Holdings has an average 1 year price target of $51.13, an upside of 33.87% from Willscot Mobile Mini Holdings's current stock price of $38.19.

Willscot Mobile Mini Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Willscot Mobile Mini Holdings, 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. 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 170.43% over the past year, overperforming other rental & leasing service stocks by 141 percentage points.

Ftai Aviation has an average 1 year price target of $77.25, an upside of 5.17% from Ftai Aviation's current stock price of $73.45.

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 9.68%, which is 7 percentage points higher than the rental & leasing service industry average of 2.51%. 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 2.25%, which is the same as the rental & leasing service industry average of 2.51%. 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.

3. Alta Equipment Group (NYSE:ALTG)

Alta Equipment Group (NYSE:ALTG) has an annual dividend yield of 1.94%, which is -1 percentage points lower than the rental & leasing service industry average of 2.51%.

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 -0.08% in the last day, and up 2.35% 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 -62.92% in the past year. It has underperformed other stocks in the rental & leasing service industry by -92 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 -20.34% in the past year. It has underperformed other stocks in the rental & leasing service industry by -50 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 -40.48% in the past year. It has underperformed other stocks in the rental & leasing service industry by -70 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 6.16% 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 15.24x.

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.