Sunbelt Rentals Holdings, Inc. Common Stock (SUNB) To Go Ex-Dividend on July 10th

Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) announced a quarterly dividend on Tuesday, June 23rd. Shareholders of record on Friday, July 10th will be paid a dividend of 0.75 per share on Friday, July 24th. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Friday, July 10th.

Sunbelt Rentals Holdings, Inc. Common Stock Price Performance

NYSE:SUNB opened at $73.13 on Thursday. Sunbelt Rentals Holdings, Inc. Common Stock has a twelve month low of $61.03 and a twelve month high of $86.68. The company has a fifty day moving average of $76.77.

Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) last posted its quarterly earnings results on Tuesday, June 23rd. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. The firm had revenue of $2.75 billion for the quarter. During the same quarter in the prior year, the business posted $0.76 earnings per share.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Zacks Research raised shares of Sunbelt Rentals Holdings, Inc. Common Stock to a “hold” rating in a report on Monday, March 30th. Citigroup cut their price target on shares of Sunbelt Rentals Holdings, Inc. Common Stock to $90.00 and set a “buy” rating on the stock in a report on Wednesday. KeyCorp reaffirmed an “overweight” rating and issued a $85.00 price objective on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Wednesday. Bank of America began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Monday, March 16th. They set an “underperform” rating and a $62.00 target price on the stock. Finally, BNP Paribas Exane assumed coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Monday, March 9th. They issued an “outperform” rating on the stock. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $81.25.

About Sunbelt Rentals Holdings, Inc. Common Stock

Sunbelt Rentals Holdings, Inc is a major equipment rental company that provides a broad range of rental solutions to construction, industrial, municipal and specialty markets. The company’s business centers on short- and long-term rental of equipment used for earthmoving, aerial access, material handling, power generation, climate control, pumps and general tools, supporting customers who need flexible access to capital-intensive assets without the expense of ownership.

In addition to physical equipment, Sunbelt Rentals offers complementary services designed to keep projects running efficiently.