McGrath RentCorp (MGRC)

Market Cap	2.56B
Revenue (ttm)	855.95M
Net Income (ttm)	125.81M
Shares Out	24.55M
EPS (ttm)	5.14
PE Ratio	20.34
Forward PE	18.55
Dividend	$1.90 (1.82%)
Ex-Dividend Date	Jul 17, 2024

Volume	113,428
Open	104.23
Previous Close	104.24
Day's Range	102.82 - 105.40
52-Week Range	88.63 - 130.86
Beta	0.79
Analysts	Buy
Price Target	116.00 (+11.2%)
Earnings Date	Jul 25, 2024

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...

• Industry: Rental & Leasing Services
• Sector: Industrials
• Founded: 1979
• Employees: 1,204
• Stock Exchange: NASDAQ
• Ticker Symbol: MGRC

Financial Performance

In 2023, MGRC's revenue was $831.84 million, an increase of 30.86% compared to the previous year's $635.67 million. Earnings were $174.62 million, an increase of 51.66%.

Analyst Forecast

According to one analyst, the rating for MGRC stock is "Buy" and the 12-month stock price forecast is $116.0.

Price Target

$116.0

(11.20% upside)

Analyst Consensus: Buy