STOCK TITAN

U-Haul Holding Company - UHAL STOCK NEWS

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.

Rhea-AI Summary

The Shoen family of U-Haul has funded an elevator for the historic Ford Island Control Tower at Pearl Harbor, which opens to the public on Memorial Day. This restoration project, costing over $7 million, allows visitors access to a panoramic view of America's WWII aviation battlefield from the observation deck. The opening honors those who died during the December 7, 1941 attack. Joe Shoen will lead a dedication ceremony, celebrating veterans and the tower's significance in preserving history.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.08%
Tags
none
-
Rhea-AI Summary

AMERCO (Nasdaq: UHAL) reported a significant increase in net earnings for the fiscal year ended March 31, 2022, totaling $1,123.3 million, or $57.29 per share, up from $610.9 million, or $31.15 per share last year. For Q4, net earnings were $86.7 million, or $4.42 per share, compared to $73.8 million, or $3.76 per share last year. Revenue from self-moving equipment rentals rose 12% in Q4 and 28% for the year, while self-storage revenues increased 28% in Q4 and 29% for the year. However, operating costs rose significantly due to inflation and rising maintenance expenses.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.94%
Tags
-
Rhea-AI Summary

U-Haul has announced the acquisition of nearly five acres of land in Cartersville, Georgia, to develop a new self-storage facility. Scheduled for completion in May 2024, the multi-story building will offer over 90,000 square feet, including at least 700 ADA-accessible storage rooms equipped with advanced security features. The facility aims to meet the growing demand for secure storage options in the area, as the nearest full-service U-Haul is located 27 miles away. This development is expected to enhance local job growth and expand U-Haul's operations in Georgia.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
Rhea-AI Summary

U-Haul has acquired an 8.48-acre property in Tyler, Texas, to expand its operations by adding a U-Box portable storage container warehouse. The acquisition of the 89,860-square-foot site, formerly a Walmart anchor, was completed on May 11, 2022. This expansion aims to meet increasing demand for U-Haul's moving and storage products, particularly from local students. The facility will enhance service capacity and create new job opportunities in the region. The initiative aligns with U-Haul's Corporate Sustainability goals, promoting infill developments and reducing carbon footprints.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
Tags
none
-
Rhea-AI Summary

U-Haul Moving & Storage of Castleton in Indianapolis has acquired a 3.12-acre property to expand operations by building a new U-Box® portable storage container warehouse measuring over 80,000 square feet. This expansion addresses the growing demand for U-Box containers in the area, as noted by company president Mike Eastwood. U-Haul has been active in the region since 1987 and plans to hire locally, promoting job growth. The company emphasizes flexibility in storage solutions and continues to support small businesses through its dealer partnerships.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.4%
Tags
none
Rhea-AI Summary

AMERCO (Nasdaq: UHAL), parent company of U-Haul, will announce its fourth quarter fiscal 2022 financial results on May 25, 2022, after market close. An investor conference call is set for May 26, 2022, at 8 a.m. Arizona Time, accessible via a webcast. Founded in 1945, U-Haul operates over 23,000 locations in North America and boasts a fleet of approximately 176,000 trucks and 855,000 storage units. U-Haul is recognized as a leading employer and a significant player in the shared-use sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
-
Rhea-AI Summary

U-Haul will create over 750 indoor climate-controlled self-storage rooms at a former Kmart site in Morton, Illinois. This adaptive reuse project, driven by sustainability initiatives, aims to meet rising customer demand while utilizing existing structures to mitigate environmental impact. The facility will feature individually alarmed units with high-tech security, extended access hours, and a covered unloading area. U-Haul plans to be operational by the end of 2022, fostering job growth by hiring at least 15 local employees. This marks the first U-Haul facility in Morton.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
Tags
none
Rhea-AI Summary

U-Haul has expanded its Collegeboxes program to assist students at over 350 schools nationwide, just in time for move-out day. To celebrate, they are offering a 10% discount on summer storage services through the use of code MOVEOUT until June 30. The redesigned website enhances user experience with improved navigation and valuable tips for students and parents. Collegeboxes provides full-service moving options, including pickup, storage, and shipping, ensuring a stress-free experience for students during busy transition periods.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
Tags
none

FAQ

What is the current stock price of U-Haul Holding Company (UHAL)?

The current stock price of U-Haul Holding Company (UHAL) is $70.98 as of February 24, 2025.

What is the market cap of U-Haul Holding Company (UHAL)?

The market cap of U-Haul Holding Company (UHAL) is approximately 12.7B.

What services does U-Haul provide?

U-Haul offers truck and trailer rentals, self-storage units, moving boxes, packing supplies, LPG refills, trailer hitch and wiring installation, and storage container rentals.

How many rental locations does U-Haul have?

U-Haul has over 23,000 rental locations across all 50 states and 10 Canadian provinces.

What are the key segments of U-Haul's operations?

U-Haul operates through three key segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance.

How significant is U-Haul in the self-storage market?

U-Haul is the third-largest self-storage operator in North America, managing 967,000 rentable units and 83.3 million square feet of self-storage space.

What sustainability initiatives does U-Haul promote?

U-Haul promotes sustainability through its Adaptive Reuse program, fuel-efficient truck modifications, recyclable Ready-To-Go Boxes, and the U-Box Load Share program.

How does U-Haul support veterans?

U-Haul is recognized as a Best for Vets employer and actively recruits veterans, giving them preference in the hiring process.

How can customers access U-Haul services?

Customers can use the enhanced U-Haul app to reserve equipment and manage rentals through self-dispatch and self-return options on their smartphones.

What recent projects has U-Haul announced?

U-Haul announced new retail, moving, and self-storage centers in Junction City, Kansas, Lake Ozark, Missouri, and acquired properties in Webster, New York, and Decatur, Alabama.

How does U-Haul promote job growth in local communities?

U-Haul plans to hire locally for new projects to promote job growth in local communities.

What is the U-Haul shared-use business model?

U-Haul's shared-use business model allows communities to share moving equipment, reducing the need for large-capacity vehicle ownership.
U-Haul Holding Company

Nasdaq:UHAL

UHAL Rankings

UHAL Stock Data

12.75B
108.18M
60.9%
37.01%
0.67%
Rental & Leasing Services
Services-auto Rental & Leasing (no Drivers)
Link
United States
RENO