McGrath RentCorp (MGRC)
| Market Cap | 2.68B |
| Revenue (ttm) | 855.95M |
| Net Income (ttm) | 125.81M |
| Shares Out | 24.55M |
| EPS (ttm) | 5.14 |
| PE Ratio | 21.26 |
| Forward PE | 19.77 |
| Dividend | $1.90 (1.74%) |
| Ex-Dividend Date | Apr 15, 2024 |
| Volume | 110,729 |
| Open | 107.67 |
| Previous Close | 108.53 |
| Day's Range | 107.62 - 109.61 |
| 52-Week Range | 86.26 - 130.86 |
| Beta | 0.78 |
| Analysts | Buy |
| Price Target | 116.00 (+6.13%) |
| Earnings Date | Apr 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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for MGRC stock is "Buy" and the 12-month stock price forecast is $116.0.
News
McGrath Announces Results for First 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 First 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 Announces Results for Fourth Quarter 2023 and Announces 33rd 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 RENTCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of McGrath RentCorp - MGRC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of McGrath RentCorp...
McGrath Sets Fourth Quarter 2023 Financial Results Date and Time
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company, today announced plans to release financial results for ...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of McGrath RentCorp
NEW YORK , Jan. 29, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by McGrath RentCorp (NASDAQ: MGRC) and its board of directors concerning the proposed acqu...
Shareholder Alert: Ademi LLP investigates whether McGrath RentCorp has obtained a Fair Price in its transaction with WillScot Mobile Mini
MILWAUKEE , Jan. 29, 2024 /PRNewswire/ -- Ademi LLP is investigating McGrath (Nasdaq: MGRC) for possible breaches of fiduciary duty and other violations of law in its transaction with WillScot Mobile ...
McGrath RentCorp Stock Jumps on Deal to Be Bought for $3.8 Billion by WillScot Mobile
WillScot Mobile's acquisition of McGrath RentCorp is a 10.1% premium to McGrath's closing price on Friday.
MGRC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of McGrath RentCorp Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of McGrath RentCorp (NASDAQ: MGRC) to WillScot Mobile Mini Holdings Corp. for $123.00 in cas...
McGrath to Present at the Oppenheimer Midwest Industrial Summit 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 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 Present at the Wolfe Research 1st Annual 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 2023 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 Announces Results for Third Quarter 2023
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 2023 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...
Q4 Big Ideas: Katrina Dudley's makes the bull case for McGrath RentCorp
Katrina Dudley, Investment Strategist at Franklin Mutual Advisers, discusses her best stock idea going into the fourth quarter.
McGrath to Participate in the Sidoti & Company, LLC September Small-Cap Virtual Investor 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 Keith Pratt, EVP ...
McGrath Announces Results for Second Quarter 2023
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 Acquires Colorado-Based Container Rental Company
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced it has acquired the as...
McGrath Sets Second Quarter 2023 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 to Present at the UBS Global Industrials and Transportation 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 Announces Results for First Quarter 2023
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 to Present at the Oppenheimer 18th 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 Joe Hanna, Chief ...
McGrath Acquires South Carolina-Based Container Rental Company
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced it has acquired the as...
McGrath Sets First Quarter 2023 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...