AMERCO (NASDAQ:UHALB) Sets New 1-Year High – Still a Buy?

AMERCO (NASDAQ:UHALB) shares reached a new 52-week high 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 Trading Up 0.4 %

The business’s fifty day simple moving average is $67.86 and its 200 day simple moving average is $64.26. The stock has a market cap of $12.28 billion and a price-to-earnings ratio of 25.02.

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

AMERCO Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 16th were paid a $0.05 dividend. The ex-dividend date was Monday, September 16th. This represents a $0.20 annualized dividend and a yield of 0.29%. AMERCO’s payout ratio is currently 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.