McGrath RentCorp (MGRC)
Market Cap | 2.67B |
Revenue (ttm) | 918.53M |
Net Income (ttm) | 237.09M |
Shares Out | 24.61M |
EPS (ttm) | 9.65 |
PE Ratio | 11.25 |
Forward PE | 18.59 |
Dividend | $1.94 (1.79%) |
Ex-Dividend Date | Apr 16, 2025 |
Volume | 148,778 |
Open | 108.89 |
Previous Close | 109.62 |
Day's Range | 108.50 - 110.55 |
52-Week Range | 95.50 - 129.93 |
Beta | 0.66 |
Analysts | Buy |
Price Target | 145.50 (+34.1%) |
Earnings Date | Apr 24, 2025 |
About MGRC
McGrath RentCorp operates as a business-to-business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, and electronic test equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clin... [Read more]
Financial Performance
In 2024, McGrath RentCorp's revenue was $910.94 million, an increase of 9.51% compared to the previous year's $831.84 million. Earnings were $231.73 million, an increase of 32.70%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MGRC stock is "Buy." The 12-month stock price forecast is $145.5, which is an increase of 34.10% from the latest price.
News

McGrath to Present at the Oppenheimer 20th Annual Industrial Growth Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it will present a...

McGrath RentCorp (MGRC) Q1 2025 Earnings Call Transcript
McGrath RentCorp (NASDAQ:MGRC) Q1 2025 Earnings Conference Call April 24, 2025 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Cal...

McGrath Announces Results for First Quarter 2025
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues for the...

McGrath RentCorp: An Attractive Way To Capture Strong Returns
McGrath RentCorp remains a 'Buy' due to its solid financial performance, attractive pricing, and potential for growth despite a failed merger with WillScot Holdings. The Mobile Modular segment drove s...

McGrath First Quarter Earnings and Conference Call Scheduled for April 24, 2025
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release finan...

McGrath to Participate in the Sidoti Small-Cap Virtual Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief ...

McGrath RentCorp (MGRC) Q4 2024 Earnings Call Transcript
McGrath RentCorp (NASDAQ:MGRC) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference ...

McGrath Announces Results for Fourth Quarter 2024 and Announces 34th Annual Dividend Increase
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues from co...

McGrath Celebrates 40th Listing Anniversary
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the completion of the ...

McGrath Fourth Quarter Earnings and Conference Call Scheduled for February 19, 2025
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release finan...

McGrath Appoints Philip B. Hawkins to Chief Operating Officer
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, a leading business-to-business rental ...

McGrath to Present at CJS Securities 25th Annual New Ideas for the New Year Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief ...

McGrath RentCorp: Modular Segment Should Lead Growth Ahead
McGrath RentCorp faces near-term softness due to weak demand but expects growth from the modular segment. Despite challenges in Portable Storage and TRS segments, disciplined cost management and stron...

McGrath Declares Quarterly Dividend
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the Board of Directors...

McGrath to Participate in the Oppenheimer Midwest Virtual Summit
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief ...

McGrath to Participate in the Wolfe Research Small and Mid-Cap Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief ...

McGrath to Present at the Baird 2024 Global Industrial Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief ...

McGrath RentCorp (MGRC) Q3 2024 Earnings Call Transcript
McGrath RentCorp (NASDAQ:MGRC) Q3 2024 Earnings Conference Call October 24, 2024 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference C...

McGrath Announces Results for Third Quarter 2024
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues from co...

McGrath Sets Third Quarter 2024 Financial Results Date and Time
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release finan...

McGrath Confirms Agreement to Terminate Pending Merger with WillScot
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today confirmed that WillScot Holdings...

McGrath Announces Board Leadership Update
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Elizabeth A. Fetter resigned from ...

McGrath RentCorp (MGRC) Q2 2024 Earnings Call Transcript
McGrath RentCorp (NASDAQ:MGRC) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call...

McGrath Announces Results for Second Quarter 2024
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues from co...

McGrath Sets Second Quarter 2024 Financial Results Date and Time
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release finan...