Localiza Rent a Car (BOVESPA:RENT3) - Stock Price, News & Analysis

RENT3 Stock Overview

Engages in car and fleet rental business in Brazil and internationally. More details

RENT3 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	3/6
Financial Health	1/6
Dividends	3/6

Rewards

Earnings are forecast to grow 39.42% per year

Earnings grew by 9% over the past year

Analysts in good agreement that stock price will rise by 41.7%

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 3.39% is not well covered by earnings or free cash flows

Volatile share price over the past 3 months compared to the BR market

Localiza Rent a Car S.A. Competitors

MRS Logística

BOVESPA:MRSA3B

R$10.0b

CCR

BOVESPA:CCRO3

R$24.0b

Vamos Locação de Caminhões Máquinas e Equipamentos

BOVESPA:VAMO3

R$6.2b

Santos Brasil Participações

BOVESPA:STBP3

R$11.1b

Price History & Performance

Summary of all time highs, changes and price drops for Localiza Rent a Car
Historical stock prices
Current Share Price	R$45.18
52 Week High	R$66.10
52 Week Low	R$38.99
Beta	0.93
11 Month Change	6.41%
3 Month Change	15.26%
1 Year Change	-23.42%
33 Year Change	-12.29%
5 Year Change	15.65%
Change since IPO	3,993.17%

Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Nov 14

Here's Why Localiza Rent a Car (BVMF:RENT3) Is Weighed Down By Its Debt Load

Oct 25

Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Aug 16

Recent updates

Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Nov 14

Here's Why Localiza Rent a Car (BVMF:RENT3) Is Weighed Down By Its Debt Load

Oct 25

Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Aug 16

Earnings Beat: Localiza Rent a Car S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

May 11

Here's Why Localiza Rent a Car (BVMF:RENT3) Has A Meaningful Debt Burden

May 08

Is It Time To Consider Buying Localiza Rent a Car S.A. (BVMF:RENT3)?

Apr 19

Localiza Rent a Car's (BVMF:RENT3) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Mar 18

Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Full-Year Results And Analysts Are Updating Their Estimates

Mar 15

Investors Still Waiting For A Pull Back In Localiza Rent a Car S.A. (BVMF:RENT3)

Feb 14

At R$66.72, Is It Time To Put Localiza Rent a Car S.A. (BVMF:RENT3) On Your Watch List?

Jun 09

Why Localiza Rent a Car S.A. (BVMF:RENT3) Is A Dividend Rockstar

May 10

Should You Be Adding Localiza Rent a Car (BVMF:RENT3) To Your Watchlist Today?

Mar 17

Shareholders of Localiza Rent a Car (BVMF:RENT3) Must Be Delighted With Their 643% Total Return

Mar 02

Is Localiza Rent a Car (BVMF:RENT3) Using Too Much Debt?

Feb 16

Here's What You Should Know About Localiza Rent a Car S.A.'s (BVMF:RENT3) 0.6% Dividend Yield

Feb 03

Is It Too Late To Consider Buying Localiza Rent a Car S.A. (BVMF:RENT3)?

Jan 21

Should You Be Excited About Localiza Rent a Car S.A.'s (BVMF:RENT3) 15% Return On Equity?

Jan 06

Do Institutions Own Localiza Rent a Car S.A. (BVMF:RENT3) Shares?

Dec 23

Here's Why I Think Localiza Rent a Car (BVMF:RENT3) Is An Interesting Stock

Dec 10

Did You Participate In Any Of Localiza Rent a Car's (BVMF:RENT3) Incredible 808% Return?

Nov 26

Why Localiza Rent a Car S.A. (BVMF:RENT3) Could Be Worth Watching

Oct 16

Is Localiza Rent a Car S.A.'s (BVMF:RENT3) ROE Of 14% Impressive?

Oct 03

Shareholder Returns

	RENT3	BR Transportation	BR Market
7D	5.9%	0.5%	-1.9%
1Y	-23.4%	-22.6%	-0.5%

Return vs Industry: RENT3 underperformed the BR Transportation industry which returned -22.3% over the past year.

Return vs Market: RENT3 underperformed the BR Market which returned -0.3% over the past year.

Price Volatility

Is RENT3's price volatile compared to industry and market?
RENT3 volatility
RENT3 Average Weekly Movement	7.1%
Transportation Industry Average Movement	6.3%
Market Average Movement	4.5%
10% most volatile stocks in BR Market	8.6%
10% least volatile stocks in BR Market	2.3%

Stable Share Price: RENT3's share price has been volatile over the past 3 months compared to the BR market.

Volatility Over Time: RENT3's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of BR stocks.

About the Company

Founded	Employees	CEO	Website
1973	20,959	Bruno Sebastian Lasansky	www.localiza.com

Localiza Rent a Car S.A. engages in car and fleet rental business in Brazil and internationally. It is also involved in granting franchises; sale of cars; and provision of insurance solution. The company serves individuals and legal entities.

Localiza Rent a Car S.A. Fundamentals Summary

How do Localiza Rent a Car's earnings and revenue compare to its market cap?
RENT3 fundamental statistics
Market cap	R$48.22b
Earnings (TTM)	R$1.68b
Revenue (TTM)	R$35.33b

28.5x

P/E Ratio

1.4x

P/S Ratio

Is RENT3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RENT3 income statement (TTM)
Revenue	R$35.33b
Cost of Revenue	R$28.76b
Gross Profit	R$6.57b
Other Expenses	R$4.88b
Earnings	R$1.68b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.59
Gross Margin	18.59%
Net Profit Margin	4.77%
Debt/Equity Ratio	168.5%

How did RENT3 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

99%

Payout Ratio

Does RENT3 pay a reliable dividends?

See RENT3 dividend history and benchmarks

When do you need to buy RENT3 by to receive an upcoming dividend?
Localiza Rent a Car dividend dates
Ex Dividend Date	Sep 26 2024
Dividend Pay Date	Nov 14 2024
Days until Ex dividend	50 days
Days until Dividend pay date	1 day

Does RENT3 pay a reliable dividends?

See RENT3 dividend history and benchmarks

RENT3 Stock Overview

Rewards

Risk Analysis

Localiza Rent a Car S.A. Competitors

BOVESPA:MRSA3B

R$10.0b

BOVESPA:CCRO3

R$24.0b

BOVESPA:VAMO3

R$6.2b

BOVESPA:STBP3

R$11.1b

Price History & Performance

Recent News & Updates

Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Third quarter 2024 earnings released: EPS: R$0.77 (vs R$0.63 in 3Q 2023)

Here's Why Localiza Rent a Car (BVMF:RENT3) Is Weighed Down By Its Debt Load

Consensus EPS estimates fall by 26%

Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

New minor risk - Share price stability

Recent updates

Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Third quarter 2024 earnings released: EPS: R$0.77 (vs R$0.63 in 3Q 2023)

Here's Why Localiza Rent a Car (BVMF:RENT3) Is Weighed Down By Its Debt Load

Consensus EPS estimates fall by 26%

Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 18%

Earnings Beat: Localiza Rent a Car S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased by 8.8% to R$74.69

Here's Why Localiza Rent a Car (BVMF:RENT3) Has A Meaningful Debt Burden

Localiza Rent a Car S.A., Annual General Meeting, May 07, 2024

Price target decreased by 8.3% to R$69.01

Is It Time To Consider Buying Localiza Rent a Car S.A. (BVMF:RENT3)?

Localiza Rent a Car S.A., Annual General Meeting, Mar 28, 2024

Localiza Rent a Car's (BVMF:RENT3) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Full-Year Results And Analysts Are Updating Their Estimates

Full year 2023 earnings released: EPS: R$1.77 (vs R$2.13 in FY 2022)

Consensus EPS estimates fall by 12%

Investors Still Waiting For A Pull Back In Localiza Rent a Car S.A. (BVMF:RENT3)

We Think Localiza Rent a Car (BVMF:RENT3) Is Taking Some Risk With Its Debt

Is It Too Late To Consider Buying Localiza Rent a Car S.A. (BVMF:RENT3)?

Localiza Rent a Car S.A. to Report Q3, 2024 Results on Nov 11, 2024

Third quarter 2023 earnings released

Consensus EPS estimates fall by 15%

Is Localiza Rent a Car (BVMF:RENT3) Using Too Much Debt?

Second quarter 2023 earnings released: R$0.09 loss per share (vs R$0.61 profit in 2Q 2022)

Upcoming dividend of R$0.37 per share at 1.5% yield

First quarter 2023 earnings released: EPS: R$0.53 (vs R$0.69 in 1Q 2022)

Localiza Rent a Car (BVMF:RENT3) Has A Somewhat Strained Balance Sheet

High number of new directors

Full year 2022 earnings: EPS and revenues miss analyst expectations

Localiza Rent a Car S.A. to Report Q1, 2023 Results on May 15, 2023

Here's Why Localiza Rent a Car (BVMF:RENT3) Has A Meaningful Debt Burden

Localiza Rent a Car S.A. to Report Q3, 2023 Results on Oct 26, 2023

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Is Localiza Rent a Car (BVMF:RENT3) A Risky Investment?

What Is Localiza Rent a Car S.A.'s (BVMF:RENT3) Share Price Doing?

Consensus forecasts updated

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Here's Why Localiza Rent a Car (BVMF:RENT3) Can Manage Its Debt Responsibly

When Should You Buy Localiza Rent a Car S.A. (BVMF:RENT3)?

Localiza, Unidas in Talks for $730 Million Asset Sale to Brookfield

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of R$0.27 per share

We Think Localiza Rent a Car (BVMF:RENT3) Can Stay On Top Of Its Debt

Why Localiza Rent a Car S.A. (BVMF:RENT3) Could Be Worth Watching

Full year 2021 earnings: EPS and revenues miss analyst expectations

With EPS Growth And More, Localiza Rent a Car (BVMF:RENT3) Is Interesting

Investor sentiment improved over the past week

We Think Localiza Rent a Car (BVMF:RENT3) Can Stay On Top Of Its Debt

Is There Now An Opportunity In Localiza Rent a Car S.A. (BVMF:RENT3)?

Does Localiza Rent a Car (BVMF:RENT3) Deserve A Spot On Your Watchlist?

Third quarter 2021 earnings released: EPS R$0.89 (vs R$0.43 in 3Q 2020)

Investor sentiment deteriorated over the past week

Localiza Rent a Car (BVMF:RENT3) Has A Pretty Healthy Balance Sheet

What Does Localiza Rent a Car S.A.'s (BVMF:RENT3) Share Price Indicate?

Is Now The Time To Put Localiza Rent a Car (BVMF:RENT3) On Your Watchlist?

Second quarter 2021 earnings released: EPS R$0.60 (vs R$0.12 in 2Q 2020)