AMERCO (NASDAQ:UHALB) Reaches New 1-Year High – Time to Buy?

AMERCO (NASDAQ:UHALB) hit a new 52-week high on Monday . The company traded as high as $69.21 and last traded at $68.82, with a volume of 537469 shares. The stock had previously closed at $68.53.

AMERCO Stock Up 0.3 %

The firm has a market capitalization of $12.11 billion and a price-to-earnings ratio of 22.64. The company’s 50 day moving average is $67.11 and its 200 day moving average is $64.06.

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

AMERCO Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 16th were given a dividend of $0.05 per share. The ex-dividend date was Monday, September 16th. This represents a $0.20 annualized dividend and a dividend yield of 0.29%. AMERCO’s dividend payout ratio is 6.58%.

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.