McGrath RentCorp (MGRC)
| Market Cap | 1.90B |
| Revenue (ttm) | 572.55M |
| Net Income (ttm) | 101.98M |
| Shares Out | 24.16M |
| EPS (ttm) | 4.16 |
| PE Ratio | 18.90 |
| Forward PE | 18.42 |
| Dividend | $1.68 |
| Dividend Yield | 2.14% |
| Trading Day | February 24 |
| Last Price | $78.61 |
| Previous Close | $78.53 |
| Change ($) | 0.08 |
| Change (%) | 0.10% |
| Day's Open | 79.55 |
| Day's Range | 77.52 - 80.12 |
| Day's Volume | 120,151 |
| 52-Week Range | 43.10 - 80.97 |
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?
Shares of McGrath RentCorp (NASDAQ:MGRC) fell 2.4% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 18.69% year over year to $1.27, whic...
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 Dec...
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced that it has publicly launched a new Corp...
Value-seeking investors could be interested in the following stocks as they are growing earnings faster than sales, indicating the existence of efficient operating activities as sales growth i...
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 i...
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced the appointment of Smita Conjeevaram to ...
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 $0.42 per ...
McGrath RentCorp touts its business is resilient through downturns. It reported 2020 third-quarter results on October 29th, proving the claim. Year-to-date, revenue and net income are essentia...
McGrath RentCorp's (MGRC) CEO Joe Hanna on Q3 2020 Results - Earnings Call Transcript
McGrath (MGRC) delivered earnings and revenue surprises of 21.05% and 4.30%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of McGrath RentCorp (NASDAQ:MGRC) were flat in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were down 12.88% year over year to $1.15,...
LIVERMORE, Calif., Oct. 29, 2020 (GLOBE NEWSWIRE) -- McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced total revenues for the ...
The election is now just over a week away, and many investors are nervous about short-term market volatility depending on the outcome. Morgan Stanley considers a 10% correction to be the most ...
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.
LIVERMORE, Calif., Oct. 01, 2020 (GLOBE NEWSWIRE) -- McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced plans to release financ...
LIVERMORE, Calif., Sept. 18, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of McGrath RentCorp (NASDAQ:MGRC), a diversified business-to-business rental company declared a quarterly cash di...
McGrath (MGRC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
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McGrath RentCorp (MGRC) CEO Joe Hanna on Q2 2020 Results - Earnings Call Transcript
McGrath (MGRC) delivered earnings and revenue surprises of 557.14% and 28.55%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Today's bifurcated market has some companies in dangerous bubbles, while others are trading at their best valuations in 10-plus years.
Shares of McGrath RentCorp (NASDAQ:MGRC) moved higher by 5.35% in after-market trading after the company reported Q2 results.
LIVERMORE, Calif., July 29, 2020 (GLOBE NEWSWIRE) -- McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced total revenues for th...
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McGrath is one of the best dividend growth blue chips you've never heard of.
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LIVERMORE, Calif., July 01, 2020 (GLOBE NEWSWIRE) -- McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced plans to release fina...
The following companies have grown their earnings per share over a three-year period.
McGrath RentCorp (MGRC) CEO Joe Hanna on Q1 2020 Results - Earnings Call Transcript
McGrath (MGRC) delivered earnings and revenue surprises of 10.96% and 3.40%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
LIVERMORE, Calif., April 29, 2020 (GLOBE NEWSWIRE) -- McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced total revenues for t...
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.
LIVERMORE, Calif., April 03, 2020 (GLOBE NEWSWIRE) -- McGrath RentCorp (NASDAQ:MGRC) (the “Company”), a diversified business-to-business rental company, announced today that it has entered i...
LIVERMORE, Calif., April 01, 2020 (GLOBE NEWSWIRE) -- McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced that it has renewed ...
McGrath (MGRC) is well positioned to outperform the market, as it exhibits above-average growth in financials.
McGrath RentCorp (MGRC) CEO Joe Hanna on Q4 2019 Results - Earnings Call Transcript
McGrath (MGRC) delivered earnings and revenue surprises of 21.59% and 8.17%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
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LIVERMORE, Calif., Dec. 05, 2019 (GLOBE NEWSWIRE) -- On December 4, 2019, the Board of Directors of McGrath RentCorp (NASDAQ:MGRC), a diversified business-to-business rental company declared...
LIVERMORE, Calif., Dec. 04, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of McGrath RentCorp (NASDAQ:MGRC), a diversified business-to-business rental company declared a quarterly cash div...
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McGrath RentCorp (MGRC) CEO Joe Hanna on Q3 2019 Results - Earnings Call Transcript
LIVERMORE, Calif., Oct. 22, 2019 (GLOBE NEWSWIRE) -- McGrath RentCorp (Nasdaq:MGRC), a diversified business-to-business rental company, today announced that it will participate in the Baird ...
LIVERMORE, Calif., Sept. 11, 2019 (GLOBE NEWSWIRE) -- McGrath RentCorp (Nasdaq:MGRC), a diversified business-to-business rental company, today announced that it will participate in the Sidot...
LIVERMORE, Calif., Sept. 04, 2019 (GLOBE NEWSWIRE) -- McGrath RentCorp (Nasdaq:MGRC), a diversified business-to-business rental company, today announced that it will participate in the D.A. ...
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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,... [Read more...]
| Industry Rental & Leasing Services | Founded 1979 |
| CEO Joseph F. Hanna | Employees 1,099 |
| Stock Exchange NASDAQ | Ticker Symbol MGRC |
Financial Performance
In 2020, MGRC's revenue was $572.55 million, an increase of 0.41% compared to the previous year's $570.23 million. Earnings were $101.98 million, an increase of 5.35%.
Analyst Forecasts
According to 3 analysts, the average rating for MGRC stock is "Strong Buy." The 12-month stock price forecast is 80.33, which is an increase of 2.19% from the latest price.