Welcome to our dedicated page for U-Haul Holding Company news (Ticker: UHAL), a resource for investors and traders seeking the latest updates and insights on U-Haul Holding Company stock.
U-Haul Holding Company (symbol: UHAL) is a prominent American enterprise specializing in the rental of trucks, trailers, and self-storage space. Founded in 1945, the company has firmly established itself as the No. 1 choice of do-it-yourself movers with over 23,000 rental locations across the United States and Canada. U-Haul’s wide array of services includes moving truck and trailer rentals, self-storage units, moving boxes, and packing supplies. Additionally, the company provides LPG (propane) refills, trailer hitch and wiring installation, and storage container rentals.
U-Haul operates through three key segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment, being the most significant, contributes the majority of its revenue. The company’s fleet boasts impressive numbers, including 192,200 trucks, 138,500 trailers, and 44,500 towing devices. U-Haul is also the third-largest self-storage operator in North America, overseeing 967,000 rentable units and 83.3 million square feet of self-storage space.
U-Haul continues to expand its reach with several ambitious projects. Recently, U-Haul announced the development of new retail, moving, and self-storage centers in Junction City, Kansas, and Lake Ozark, Missouri. These centers will feature climate-controlled storage units, truck and trailer sharing, and U-Box portable storage containers. Additionally, U-Haul has acquired properties in Webster, New York, and Decatur, Alabama, further enhancing its service capacity in these regions.
The company actively promotes sustainability. Its shared-use business model allows communities to share moving equipment, reducing the need for large-capacity vehicle ownership. U-Haul’s Adaptive Reuse program, which repurposes existing buildings, along with innovations like fuel-efficient truck modifications and recyclable Ready-To-Go Boxes, underscores its commitment to green business practices. Recently, its U-Box Load Share program was awarded the 2023 Best in Biz gold for being the Most Environmentally Friendly Service of the Year.
U-Haul is also a significant employer, recognized as a Best for Vets employer by The Military Times. It actively recruits veterans and promotes job growth in local communities, planning to hire locally for new projects in various locations. The company’s enhanced app facilitates easy access to its services, allowing customers to reserve equipment and manage rentals conveniently through their smartphones.
For more information about U-Haul and its wide array of services, visit their official website or download the U-Haul app from the App Store or Google Play.
U-Haul has announced a disaster relief program offering 30 days of free self-storage and U-Box container usage to residents affected by severe flooding in Kentucky and Tennessee. The initiative spans across 29 U-Haul centers, including 18 in Kentucky, 9 in northern Middle Tennessee, and 2 in southern Indiana.
The program comes in response to a massive winter weather front that caused flash flooding, resulting in widespread water damage to homes, power outages, and impassable roads. Kentucky has declared a state of emergency. The offer applies to new self-storage and U-Box rentals, subject to availability at participating U-Haul-owned and operated locations. While on-site storage and self-delivery of U-Box containers are included in the free offer, there is a charge for U-Haul delivery to residential addresses.
U-Haul has opened a new retail, moving, and self-storage center at 306 E. University Ave. in Champaign, Illinois, adjacent to the University of Illinois Urbana-Champaign campus. The facility, which began operations on January 16, features a five-story, 84,360-square-foot main building with 1,125 indoor storage units, including 740 climate-controlled and 385 indoor heated rooms.
The center offers comprehensive services including truck and trailer sharing, hitch installation, towing accessories, and a retail showroom. The property includes a U-Box warehouse capable of storing 700 portable moving containers. The company plans to hire up to 15 Team Members to staff the facility, which marks U-Haul's 98th store in Illinois.
U-Haul Holding Company (NYSE: UHAL) reported Q3 fiscal 2025 net earnings of $67.2 million, down from $99.2 million in the same period last year. Earnings per share for Non-Voting Shares (UHAL.B) decreased to $0.35 from $0.51 year-over-year.
Key highlights include: Moving and Storage EBITDA increased by $47.8 million to $376.7 million; self-storage revenues grew 7.9% with same-store occupancy at 92.4%; self-moving equipment rental revenues rose 4.6% to $38.8 million. The company added 34 new storage locations with 2.3 million net rentable square feet.
Cash and credit availability in the Moving and Storage segment stood at $1,348.1 million as of December 31, 2024. The company declared a $0.05 per share dividend on Non-Voting Common Stock, paid on December 27, 2024.
U-Haul Moving & Storage of West Columbia has transitioned from a full-service facility to a remotely operated location after 42 years of operation. The facility at 400 Orchard Drive will continue offering self-storage, truck rentals, moving supplies, and U-Box portable storage containers, but has discontinued several services including trailer and towing equipment rentals, truck sales, hitch installations, pre-tow inspections, and support rental items.
The transition resulted in the termination of six Team Members. Operations will now be managed by the parent store, U-Haul Moving & Storage of Cayce, located two miles away at 1500 Charleston Highway. All discontinued services remain available at the Cayce location.
U-Haul Holding Company (NYSE: UHAL, UHAL.B) has announced it will release its third quarter fiscal 2025 financial results after market trading on Wednesday, February 5, 2025. The company will hold an investor conference call and webcast the following day, Thursday, February 6, 2025, at 8 a.m. Arizona Time (10 a.m. ET). U-Haul Holding Company is the parent company of U-Haul International, Oxford Life Insurance Company, Repwest Insurance Company, and Amerco Real Estate Company.
U-Haul (UHAL) has expanded its presence in Marietta, Georgia with the opening of a new 694-room indoor self-storage facility at 858 Piedmont Road. The two-story facility, situated on 2.2 acres, offers climate-controlled storage units with high-end security features at competitive prices.
The new facility complements the existing parent store U-Haul Moving & Storage at Canton Road, which provides truck and trailer sharing, hitch installation, towing accessories, propane refills, and moving supplies. The first customers began using the facility on January 15, and U-Haul plans to hire up to four team members to staff the location.
Operating hours are 7 a.m.-7 p.m. Monday to Thursday and Saturday, 7 a.m.-8 p.m. on Friday, and 9 a.m.-5 p.m. on Sundays.
U-Haul has reopened its renovated facility at 141 Grand Ave. in Schofield, Wisconsin, featuring two new buildings to better serve Marathon County residents. The improved U-Haul Moving & Storage of Wausau now includes a three-story self-storage center with 569 indoor climate-controlled and heated storage units equipped with high-tech security features. The 4.8-acre property also features a new U-Box warehouse with capacity for 1,000 portable moving and storage containers.
The facility, which has served Schofield since 1986, offers comprehensive services including truck and trailer rentals, retail moving supplies, professional hitch installation, propane services, and covered load/unload bays. The company is currently hiring up to 10 Team Members for the new facility, with a focus on local hiring and veteran recruitment.
U-Haul has announced a disaster relief program offering 30 days of free self-storage and U-Box container services at 92 company facilities across Southern California to assist residents affected by multiple wildfires in the Greater Los Angeles area. The initiative comes in response to the Palisades, Eaton, Hurst, Lidia, and Sunset Fires, which have destroyed hundreds of homes and displaced thousands of people.
The program is available at participating U-Haul-owned and operated locations across multiple regions, including Los Angeles East (11 stores), Los Angeles South (8 stores), Los Angeles West (13 stores), North Orange County (12 stores), Riverside (7 stores), San Bernardino (12 stores), San Fernando Valley (11 stores), and Van Nuys/San Luis Obispo (14 stores). The offer is subject to availability and applies to new rentals only.
U-Haul Holding Company (NYSE: UHAL, UHAL.B), the parent company of U-Haul International, has announced its participation in the upcoming KeyBanc Capital Markets Self-Storage Investor Forum. The event is scheduled to take place on Thursday, January 9, 2025, in New York City. As North America's largest do-it-yourself moving and self-storage company, U-Haul's presence at this investor forum represents a significant opportunity for stakeholders to gain insights into the self-storage sector.
U-Haul has released its 2024 Growth Index based on over 2.5 million one-way equipment transactions, revealing the Dallas-Fort Worth-Arlington metropolitan area as the leading growth metro of 2024. Charlotte and Phoenix secured second and third positions respectively, while Ocala, Florida topped the city-proper rankings for the second time in three years.
Florida dominated the rankings with seven of the top 25 growth metros, including Lakeland, Palm Bay, Jacksonville, Tampa, Sarasota, Fort Myers, and Daytona Beach. Texas followed with five metros in the rankings. The growth patterns are attributed to factors such as reasonable cost of living, strong job markets, and tax benefits.
The U-Haul Growth Index, while not directly correlating to population or economic growth, serves as an effective indicator of how well states, metros, and cities attract and retain residents through its network of 23,000-plus rental locations across the U.S. and Canada.
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