Headquartered in Fort Mill, SC Fiscal year ends April SUNB ir.sunbeltrentals.com
Sunbelt Rentals Holdings, Inc. (NYSE: SUNB, LSE: SUNB) is a global provider of rental equipment and services. The company operates through three segments: North America General Tool, North America Specialty, and United Kingdom. With a network of over 1,600 locations and approximately 26,000 employees, Sunbelt Rentals serves an increasingly diverse array of industries and end markets including construction, live events, maintenance, energy, industrial, and mega projects. The company's fleet of rental assets exceeds $20 billion in original cost. Sunbelt Rentals combines broad geographic coverage with specialized capabilities across its Specialty business lines, which serve complex project requirements. The company recently completed its redomiciliation and U.S. listing, and actively pursues bolt-on acquisitions such as the Reliant Asset Management (Aries brand) acquisition to expand its footprint and diversify its end markets. Updated
Specialty rental revenue jumped 25.3% year over year, enough for Sunbelt to raise full-year fiscal 2027 revenue growth guidance to 6% to 9% from 4.5% to 7.5%. Mega projects, energy and live events (the FIFA World Cup alone added roughly 250 basis points to rental growth) are doing the heavy lifting, and management also declared its first quarterly dividend at $0.30 a share.
Every once in a while, the hedge funds start circling one surprising company that few retail investors have ever even heard of. Undoubtedly, the list of hedge fund favorites hasn’t really changed…
Joey Frenette Pre-Market Stock Futures: The futures are trading higher as we start the new trading week. There is an old saying, “Fool me once, shame on you; fool me twice, shame on me.”…
Sunbelt Rentals Holdings, Inc. (NYSE: SUNB, LSE: SUNB) is a global provider of rental equipment and services. The company operates through three segments: North America General Tool, North America Specialty, and United Kingdom.
The Wall Street consensus 12-month price target for SUNB is $88.57.
