McGrath RentCorp (MGRC)
| Market Cap | 2.21B |
| Revenue (ttm) | 733.82M |
| Net Income (ttm) | 115.14M |
| Shares Out | 24.39M |
| EPS (ttm) | 4.70 |
| PE Ratio | 19.31 |
| Forward PE | 21.46 |
| Dividend | $1.82 (2.01%) |
| Ex-Dividend Date | Jan 13, 2023 |
| Volume | 86,282 |
| Open | 89.85 |
| Previous Close | 90.76 |
| Day's Range | 89.11 - 91.10 |
| 52-Week Range | 73.29 - 111.70 |
| Beta | 0.77 |
| Analysts | Buy |
| Price Target | 122.91 (+35.42%) |
| Earnings Date | Apr 27, 2023 |
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]
Financial Performance
In 2022, MGRC's revenue was $733.82 million, an increase of 18.97% compared to the previous year's $616.83 million. Earnings were $115.14 million, an increase of 28.35%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for MGRC stock is "Buy." The 12-month stock price forecast is $122.91, which is an increase of 35.42% from the latest price.
News
McGrath to Present at the Sidoti & Company, LLC March 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 Joe Hanna, Chief ...
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 (MGRC) Q4 Earnings and Revenues Beat Estimates
McGrath (MGRC) delivered earnings and revenue surprises of 20.90% and 2.82%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
McGrath Announces Results for Fourth Quarter 2022 and Announces 32nd 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 for the...
Recent Price Trend in McGrath (MGRC) is Your Friend, Here's Why
McGrath (MGRC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
McGrath Acquires Vesta Modular and Concurrently Divests Adler Tank Rentals
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (Nasdaq: MGRC):
McGrath Sets Fourth Quarter 2022 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 fin...
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 declared a quarterly cash divi...
What Makes McGrath (MGRC) a Strong Momentum Stock: Buy Now?
Does McGrath (MGRC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Why McGrath (MGRC) Might be Well Poised for a Surge
McGrath (MGRC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
McGrath (MGRC) is on the Move, Here's Why the Trend Could be Sustainable
McGrath (MGRC) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our ...
McGrath to Present at the Baird 2022 Global Industrial Conference
LIVERMORE, Calif.
McGrath (MGRC) Beats Q3 Earnings and Revenue Estimates
McGrath (MGRC) delivered earnings and revenue surprises of 17.92% and 5.60%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
McGrath (MGRC) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does McGrath (MGRC) have what it takes?
7 Under the Radar Dividend Growth Stocks With Upside Potential
With volatile markets, investors may want to focus their attention on under the radar dividend growth stocks. These are companies that growth revenue and, or profits at a faster rate than the broader ...
McGrath Unveils New Brand Identity and Tagline
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (Nasdaq: MGRC), the legal name of the corporation, and one of the leading business-to-business rental companies in North America, today announced i...
McGrath RentCorp Sets Third Quarter 2022 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...
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 $0.455 per common...
McGrath RentCorp to Present at the Sidoti & Company, LLC September Small-Cap Virtual 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 September S...
Why McGrath (MGRC) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does McGrath (MGRC) have what it takes?
Why McGrath (MGRC) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does McGrath (MGRC) have what it takes?
McGrath (MGRC) Is a Great Choice for "Trend" Investors, Here's Why
McGrath (MGRC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
McGrath (MGRC) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does McGrath (MGRC) have what it takes?