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Stock impact report

Baird Downgrades WillScot (WSC) as Growth Trends Remain Soft [Yahoo! Finance]

WillScot Mobile Mini Holdings Corp. - Class A (WSC) 
NASDAQ:AMEX Investor Relations: investors.willscot.com/investor-relations
Company Research Source: Yahoo! Finance
On January 21, Baird downgraded WillScot Holdings Corporation (NASDAQ:WSC) to Neutral from Outperform and raised its price target to $23 from $22. In its research note, the firm said the company's rental rates and revenue growth remain “sluggish.” Baird also pointed to results from its quarterly survey of National Portable Storage Association members, which suggest a more balanced setup for WillScot as it heads into its initial 2026 guidance. While 2026 estimates have continued to trend lower, the survey indicates that WillScot's “tone likely remains subdued,” according to the firm. The company offers a quarterly dividend of $0.07 per share and has a dividend yield of 1.39%, as of January 29. Brad Soultz, chief executive officer of WillScot, said the launch of a quarterly dividend adds another way for the company to return excess capital to shareholders. He said the decision reflects the durability of WillScot's cash flows across market cycles, the strength of its balance sheet, an Show less Read more
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