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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.

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U-Haul, in partnership with Achilles New Jersey, is launching the virtual Hope & Possibility® Race, challenging New Jersey residents to participate from Sept. 11 to 13, 2020. This event includes a 4-miler and a Dog Day 5K, encouraging all fitness levels to join. A triple challenge, the U-Haul Keep It Moving Challenge, covers three distances across locations. Proceeds support Achilles International, which assists athletes with disabilities. U-Haul emphasizes its commitment to veterans and has sponsored this event for nearly two decades, enhancing community engagement.

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On September 1, 2020, U-Haul and Pearl Harbor Aviation Museum announced a virtual unveiling of the renovated Ford Island Control Tower, providing a historical view of Pearl Harbor, America's first WWII aviation battlefield. The unveiling coincided with the 75th anniversary of V-J Day. A working elevator, gifted by U-Haul CEO Joe Shoen, allows visitors to access panoramic views. Although the traditional event has been postponed, livestreams will accommodate WWII veterans unable to attend due to restrictions. U-Haul honors its legacy and veteran employees in this initiative.

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The U-Haul-owned Memphis Repair Shop at 3020 Lamar Ave. ceased operations on August 17, 2020, after serving the community since 1973. This closure has resulted in the layoff of 25 employees. U-Haul stated that such actions are part of long-term strategic plans influenced by factors like demographic shifts and facility limitations. U-Haul has maintained operations during the COVID-19 pandemic, focusing on customer safety through enhanced cleaning protocols.

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AMERCO (Nasdaq: UHAL) announced a special cash dividend of $0.50 per share on August 20, 2020. The dividend, payable on September 21, 2020, will benefit shareholders on record as of September 7, 2020. As the parent company of U-Haul International, AMERCO continues its long-standing commitment to providing services in the moving and storage industry while promoting environmental sustainability.

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U-Haul is offering 30 days of free self-storage to residents affected by the Elkhorn Fire and California Lightning Complex fires. This initiative comes as evacuation orders have been implemented, creating a need for secure storage locations. U-Haul has expanded its facilities to assist impacted individuals, adding five new locations to support residents in Tehama County and the Bay Area. U-Haul's long-standing presence in the community aims to provide essential services during emergencies.

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U-Haul is providing 30 days of free self-storage to residents affected by the fast-moving grass fire in Vacaville, California, as evacuation orders are in place. The initiative aims to support those needing secure locations to store personal belongings during this crisis. U-Haul's president stated the company wants to be a good neighbor and assist the community. Three local facilities have been designated for this program. U-Haul emphasizes its commitment to community needs, ensuring safety protocols are in place for customers.

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U-Haul is offering 30 days of free self-storage and U-Box container usage to residents of Iowa impacted by severe storms with winds exceeding 100 mph. The initiative covers 16 store locations across Iowa and two in Illinois, aimed at assisting affected individuals during recovery efforts. Randy Dickson, president of U-Haul Company of Western Iowa, emphasized the company's commitment to support the community in need. For further assistance, residents can contact the nearest participating locations for storage solutions.

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U-Haul at Fulton Industrial in Atlanta is permanently closing on Aug. 12, 2020, after 36 years of operation. The company will retain ownership of the property and lease it to a new tenant. Customers can access U-Haul products nearby at a new facility at 4225 Fulton Industrial, which includes essential moving services and storage options. The closure will impact nine employees. U-Haul continues to operate as an essential service during the COVID-19 pandemic, implementing safety protocols to protect both staff and customers.

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U-Haul opened a new retail and indoor storage facility at 4225 Fulton Industrial, formerly the Mosley Motel, on Aug. 3, 2020. This $2 million project features 164 high-tech, climate-controlled storage units and plans for an additional 800 units. U-Haul aims to enhance the Atlanta community by offering a wide range of services and products in a modern facility. The company, which acquired the property in 2018, is also looking to hire at least 10 local team members. U-Haul has remained an essential service during COVID-19, ensuring customer safety with contactless protocols.

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FAQ

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

The current stock price of U-Haul Holding Company (UHAL) is $69.51 as of January 3, 2025.

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

The market cap of U-Haul Holding Company (UHAL) is approximately 13.1B.

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

13.10B
108.58M
60.9%
37.45%
0.79%
Rental & Leasing Services
Services-auto Rental & Leasing (no Drivers)
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United States of America
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