McGrath RentCorp (MGRC)
| Market Cap | 1.82B |
| Revenue (ttm) | 589.90M |
| Net Income (ttm) | 92.43M |
| Shares Out | 24.25M |
| EPS (ttm) | 3.78 |
| PE Ratio | 19.83 |
| Forward PE | 21.46 |
| Dividend | $2.18 (2.90%) |
| Ex-Dividend Date | Jan 14, 2022 |
| Volume | 32,637 |
| Open | 77.10 |
| Previous Close | 76.12 |
| Day's Range | 74.84 - 76.29 |
| 52-Week Range | 67.08 - 87.53 |
| Beta | 0.83 |
| Analysts | Strong Buy |
| Price Target | 89.50 (+19.4%) |
| Earnings Date | Feb 23, 2022 |
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, electronic test equipment and related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices,...
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for MGRC stock is "Strong Buy." The 12-month stock price forecast is 89.50, which is an increase of 19.41% from the latest price.
News
McGrath RentCorp Sets Fourth Quarter 2021 Financial Results Date and Time
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced plans to release financial results for its fourth ...
McGrath RentCorp Acquires Texas-Based Container Rental Company
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp today announced it has acquired the assets of Titan Storage Containers, LLC, a regional provider of portable storage solutions in the Texas market. T...
McGrath RentCorp Declares Quarterly Dividend
LIVERMORE, Calif.--(BUSINESS WIRE)--The Board of Directors of McGrath RentCorp (NASDAQ:MGRC), a diversified business-to-business rental company declared a quarterly cash dividend of $0.435 per common sh...
McGrath RentCorp to Present at the Baird 2021 Global Industrial Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (Nasdaq:MGRC), a diversified business-to-business rental company, today announced that it will participate in the Baird 2021 Global Industrial Confer...
McGrath (MGRC) Misses Q3 Earnings and Revenue Estimates
McGrath (MGRC) delivered earnings and revenue surprises of -17.39% and -3.24%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
McGrath RentCorp Announces Results for Third Quarter 2021
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced total revenues for the quarter ended September 30,...
McGrath (MGRC) Reports Next Week: What Awaits?
McGrath (MGRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
McGrath RentCorp Sets Third Quarter 2021 Financial Results Date and Time
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced plans to release financial results for its third q...
McGrath RentCorp to Present at the Sidoti & Company, LLC Fall Virtual Small Cap Investor Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (Nasdaq:MGRC), a diversified business-to-business rental company, today announced that it will participate in the Sidoti & Company, LLC Fall Virtual ...
McGrath (MGRC) Tops Q2 Earnings and Revenue Estimates
McGrath (MGRC) delivered earnings and revenue surprises of 2.44% and 9.69%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: McGrath RentCorp Q2 Earnings
Shares of McGrath RentCorp (NASDAQ:MGRC) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were flat 0.00% over the past year to $0.92, which beat ...
McGrath RentCorp Announces Results for Second Quarter 2021
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced total revenues for the quarter ended June 30, 2021...
Analysts Estimate McGrath (MGRC) to Report a Decline in Earnings: What to Look Out for
McGrath (MGRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
McGrath RentCorp Sets Second Quarter 2021 Financial Results Date and Time
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced plans to release financial results for its second ...
McGrath RentCorp Completes Acquisition of Design Space Modular Buildings
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (the “Company”) today announced it has completed its previously announced acquisition of Design Space Modular Buildings PNW, LP (“Design Space”), for...
McGrath RentCorp to Acquire Design Space Modular Buildings
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp today announced that it has signed a definitive agreement under which it will acquire Design Space Modular Buildings PNW, LP (“Design Space”), for a ...
McGrath (MGRC) Q1 Earnings Match Estimates
McGrath (MGRC) delivered earnings and revenue surprises of 0.00% and -2.81%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
McGrath RentCorp Announces Results for First Quarter 2021
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced total revenues for the quarter ended March 31, 202...
McGrath RentCorp to Present at the Oppenheimer Virtual 16th Annual Industrial Growth Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (Nasdaq:MGRC), a diversified business-to-business rental company, today announced that it will participate in the Oppenheimer Virtual 16th Annual Ind...
McGrath RentCorp Acquires Modular Kitchen Rental Company
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp today announced it has acquired Kitchens To Go, a leader in both interim and permanent modular solutions for foodservice providers that require flexi...
5 Stocks with a Margin of Safety and High Profitability
According to the GuruFocus discounted cash flow calculator as of April 8, the following companies have a high margin of safety and have grown their margins over a 10-year period.
McGrath RentCorp Sets First Quarter 2021 Financial Results Date and Time
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced plans to release financial results for its first q...
A Trio of Stock Picks for the 'Buy and Hold' Approach
The GuruFocus business predictability rating ranks companies on a five-star scale, defining the more predictable companies as businesses whose revenue per share and Ebitda per share are going up steadil...
McGrath RentCorp to Present at the Sidoti & Company, LLC Spring 2021 Virtual Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (Nasdaq:MGRC), a diversified business-to-business rental company, today announced that it will participate in the Sidoti & Company, LLC Spring 2021 V...
McGrath (MGRC) Q4 Earnings and Revenues Surpass Estimates
McGrath (MGRC) delivered earnings and revenue surprises of 25.74% and 2.75%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?