Net migration patterns between states (particularly California/New York outflows to Texas/Florida) driving one-way rental demand and pricing
Housing market transaction volumes and existing home sales velocity, which correlate with moving demand
Fleet utilization rates and revenue per transaction, indicating pricing power and demand strength
Self-storage occupancy rates and same-store revenue growth in the storage segment
high - Moving demand correlates strongly with housing turnover, job relocations, and household formation. Recessions reduce voluntary moves and housing transactions, compressing utilization and pricing power. The 3.6% revenue growth against -44% net income decline suggests margin compression from weaker demand or pricing. Self-storage provides some counter-cyclical stability as economic stress drives downsizing, but overall business is pro-cyclical.
High sensitivity through multiple channels: (1) Mortgage rates directly impact housing turnover and moving demand - the 2022-2025 rate spike likely contributed to weak performance; (2) $5.0B debt load means rising rates increase interest expense, pressuring margins; (3) Capital-intensive model requires continuous financing for $3.5B annual capex; (4) Higher discount rates compress valuation multiples for capital-intensive businesses. The 1.04x debt/equity ratio is manageable but not negligible.
Demographic shifts toward remote work reducing permanent relocations and corporate-sponsored moves, potentially lowering structural demand for one-way rentals
Urbanization trends and declining homeownership rates among younger cohorts could reduce long-term moving frequency
Potential for autonomous vehicle technology to eventually disrupt truck rental economics, though timeline is distant
value - Trading at 1.6x sales and 1.3x book with 10.0x EV/EBITDA despite negative FCF and declining earnings attracts contrarian value investors betting on cyclical recovery in housing/migration. The -32.7% one-year return and depressed margins suggest deep value opportunity if housing market normalizes. Not a growth or dividend story given negative FCF and capital needs. Requires patience for housing cycle inflection.
Trend
+2.2% vs SMA 50 · -6.3% vs SMA 200
Momentum
Distribution pattern detected. More selling days than accumulation over the past 20 sessions. Not a conducive environment for a squeeze.
Based on volume distribution analysis. Direct short interest data (short float %, days to cover) is not available in current data sources.
Analyst consensus estimates · Actuals replace estimates as reported
| Year | Revenue Est. | Rev Gth | EPS Est. | EPS Gth | Range | Analysts |
|---|---|---|---|---|---|---|
FY2024 | $5.7B $5.6B–$5.8B | — | $3.37 | — | ±2% | Low1 |
FY2025 | $5.7B $5.6B–$5.8B | ▲ +0.6% | $2.04 | ▼ -39.4% | ±2% | Low2 |
FY2026(current) | $6.0B $5.9B–$6.1B | ▲ +5.1% | $0.38 | ▼ -81.3% | ±2% | Low2 |
NEW YORK, May 04, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, r…
AMERCO operates as a holding company. The Company, through its subsidiaries, offers rental of trucks, trailers, and self storage space, as well as provides property and casualty and life insurance products. AMERCO also sells boxes, tapes, and other moving and self-storage products and services to do-it-yourself moving and storage customers.
| Symbol | Price | Day % | Mkt Cap↓ | P/E | Rev Grw | Margin | ELO |
|---|---|---|---|---|---|---|---|
UHAL◀ | $50.39 | +0.47% | $9.8B | 108.4 | +360.8% | 569.2% | 1500 |
| $401.61 | +0.00% | $2.1T | — | — | — | 1500 | |
| $90.13 | +0.00% | $316.0B | 14.1 | — | 1510.7% | 1500 | |
| $133.27 | +0.00% | $305.1B | 23.7 | — | 1305.9% | 1500 | |
| $183.46 | +0.00% | $286.4B | 27.2 | +862.9% | 1745.9% | 1500 | |
| $144.62 | +0.00% | $279.7B | 21.0 | +597.3% | 2564.4% | 1500 | |
| $89.26 | +0.00% | $251.9B | 14.4 | — | 668.4% | 1500 | |
| Sector avg | — | +0.07% | — | 34.8 | +607.0% | 1394.1% | 1500 |