AMERCO (NASDAQ:UHALB) Sets New 1-Year High – What’s Next?

AMERCO (NASDAQ:UHALB)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $70.50 and last traded at $69.56, with a volume of 221105 shares. The stock had previously closed at $69.30.

AMERCO Stock Up 0.4 %

The firm has a market capitalization of $12.28 billion and a price-to-earnings ratio of 25.02. The company has a 50-day moving average price of $67.86 and a 200-day moving average price of $64.26.

AMERCO (NASDAQ:UHALB) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $1.00 EPS for the quarter. The firm had revenue of $1.55 billion for the quarter.

AMERCO Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 16th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date of this dividend was Monday, September 16th. AMERCO’s payout ratio is 7.22%.

About AMERCO

AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.