Sectors & Industries IndustrialsRental & Leasing Services
Best Rental & Leasing Service Stocks to Buy Now (2024)
Top rental & leasing service stocks in 2024 ranked by overall Due Diligence 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 Due Diligence Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
MGRC	MCGRATH RENTCORP	United States	$2.99B	24,551,184	84.46%	15.54%	Net Selling	Net Selling
R	RYDER SYSTEM INC	United States	$6.96B	42,290,213	86.52%	4.82%	Net Selling	Net Selling
MWG	MULTI WAYS HOLDINGS LTD	Singapore	$8.05M	30,840,000	0.34%	0.00%
HEES	H&E EQUIPMENT SERVICES INC	United States	$2.18B	36,610,928	59.02%	40.98%	Net Selling
PRG	PROG HOLDINGS INC	United States	$1.97B	41,543,406	56.94%	43.06%	Net Buying	Net Selling
AL	AIR LEASE CORP	United States	$5.64B	111,376,884	80.27%	19.73%	Net Selling	Net Selling
URI	UNITED RENTALS INC	United States	$56.11B	65,622,379	53.75%	46.25%	Net Buying	Net Selling
GATX	GATX CORP	United States	$5.65B	35,500,000	82.12%	17.88%	Net Buying	Net Buying
HRI	HERC HOLDINGS INC	United States	$6.49B	28,404,593	76.63%	23.37%	Net Selling	Net Selling
CAR	AVIS BUDGET GROUP INC	United States	$3.47B	35,139,198	34.35%	65.65%	Net Selling
VSTS	VESTIS CORP	United States	$2.14B	131,530,045	77.81%	22.19%	Net Buying	Net Selling
WSC	WILLSCOT MOBILE MINI HOLDINGS CORP	United States	$7.15B	184,759,527	53.80%	46.20%	Net Selling	Net Buying
FPAY	FLEXSHOPPER INC	United States	$40.56M	21,461,489	11.32%	88.68%	Net Buying
FTAI	FTAI AVIATION LTD	United States	$16.24B	102,549,679	58.29%	41.71%	Net Buying	Net Selling
CTOS	CUSTOM TRUCK ONE SOURCE INC	United States	$1.34B	233,432,467	71.37%	28.63%	Net Selling
WLFC	WILLIS LEASE FINANCE CORP	United States	$1.34B	6,603,609	11.03%	88.97%	Net Selling	Net Selling
AER	AERCAP HOLDINGS NV	Ireland	$18.26B	189,731,024	84.69%	4.10%
EHGO	ESHALLGO INC	China	$82.55M	20,485,000	0.00%	0.00%
ZCAR	ZOOMCAR HOLDINGS INC	United States	$10.61M	2,060,344	10.99%	89.01%	Net Buying	Net Buying
MPU	MEGA MATRIX CORP	United States	$69.01M	38,551,825	6.77%	22.69%
ALTG	ALTA EQUIPMENT GROUP INC	United States	$262.06M	33,256,321	45.92%	54.08%	Net Selling	Net Buying
UHAL	U-HAUL HOLDING CO	United States	$14.19B	196,077,880	35.35%	61.98%	Net Selling
HTZ	HERTZ GLOBAL HOLDINGS INC	United States	$1.41B	306,689,689	90.90%	4.17%	Net Selling	Net Selling

Rental & Leasing Service Stocks FAQ

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

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

1. Mcgrath Rentcorp (NASDAQ:MGRC)

Mcgrath Rentcorp (NASDAQ:MGRC) is the top rental & leasing service stock with a Due Diligence Score of 48, which is 21 points higher than the rental & leasing service industry average of 27. It passed 17 out of 38 due diligence checks and has strong fundamentals. Mcgrath Rentcorp has seen its stock return 20.15% over the past year, overperforming other rental & leasing service stocks by 22 percentage points.

Mcgrath Rentcorp has an average 1 year price target of $139.00, an upside of 14.26% from Mcgrath Rentcorp's current stock price of $121.65.

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

2. Ryder System (NYSE:R)

Ryder System (NYSE:R) is the second best rental & leasing service stock with a Due Diligence Score of 45, which is 18 points higher than the rental & leasing service industry average of 27. It passed 16 out of 38 due diligence checks and has strong fundamentals. Ryder System has seen its stock return 52.59% over the past year, overperforming other rental & leasing service stocks by 55 percentage points.

Ryder System has an average 1 year price target of $152.25, a downside of -7.53% from Ryder System's current stock price of $164.64.

Ryder System stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Ryder System, 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. Multi Ways Holdings (NYSEMKT:MWG)

Multi Ways Holdings (NYSEMKT:MWG) is the third best rental & leasing service stock with a Due Diligence 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 -2.97% over the past year, underperforming other rental & leasing service stocks by -1 percentage points.

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

Out of 13 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 10.13%, which is 8 percentage points higher than the rental & leasing service industry average of 1.93%. 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 88.3% 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 2.89%, which is 1 percentage points higher than the rental & leasing service industry average of 1.93%.

Alta Equipment Group's dividend payout ratio of -13.3% 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 1.85%, which is the same as the rental & leasing service industry average of 1.93%. 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 27.6% indicates that its dividend yield is sustainable for the long-term.

Why are rental & leasing service stocks down?

Rental & leasing service stocks were down -1.54% in the last day, and down -2.56% 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 42 points higher than the rental & leasing service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Air Lease's stock has gained 30.48% in the past year. It has overperformed other stocks in the rental & leasing service industry by 33 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 42 points higher than the rental & leasing service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Multi Ways Holdings's stock has dropped -2.97% in the past year. It has underperformed other stocks in the rental & leasing service industry by -1 percentage points.

3. Gatx (NYSE:GATX)

Gatx (NYSE:GATX) is the third most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Gatx has a valuation score of 43, which is 14 points higher than the rental & leasing service industry average of 29. It passed 3 out of 7 valuation due diligence checks.

Gatx's stock has gained 43.06% in the past year. It has overperformed other stocks in the rental & leasing service industry by 45 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 2.72% 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 -156.03x.

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.