McGrath RentCorp (MGRC)

NASDAQ: MGRC · Real-Time Price · USD
108.50
-1.12 (-1.02%)
At close: May 5, 2025, 4:00 PM
105.79
-2.71 (-2.50%)
Pre-market: May 6, 2025, 4:02 AM EDT
-1.02%
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]

Sector Industrials
Founded 1979
Employees 1,219
Stock Exchange NASDAQ
Ticker Symbol MGRC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$145.5
(34.10% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

6 days ago - Business Wire

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...

11 days ago - Seeking Alpha

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...

11 days ago - Business Wire

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...

5 weeks ago - Seeking Alpha

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...

5 weeks ago - Business Wire

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 ...

7 weeks ago - Business Wire

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 ...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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 ...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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 ...

4 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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...

5 months ago - Business Wire

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 ...

5 months ago - Business Wire

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 ...

5 months ago - Business Wire

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 ...

6 months ago - Business Wire

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...

6 months ago - Seeking Alpha

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

Other symbols: WSC
8 months ago - Business Wire

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 ...

9 months ago - Business Wire

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...

10 months ago - Seeking Alpha

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...

10 months ago - Business Wire

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...

11 months ago - Business Wire