McGrath RentCorp (MGRC)

NASDAQ: MGRC · IEX Real-Time Price · USD
74.95
-1.17 (-1.54%)
Jan 28, 2022 1:25 PM EST - Market open
Market Cap1.82B
Revenue (ttm)589.90M
Net Income (ttm)92.43M
Shares Out24.25M
EPS (ttm)3.78
PE Ratio19.83
Forward PE21.46
Dividend$2.18 (2.90%)
Ex-Dividend DateJan 14, 2022
Volume32,637
Open77.10
Previous Close76.12
Day's Range74.84 - 76.29
52-Week Range67.08 - 87.53
Beta0.83
AnalystsStrong Buy
Price Target89.50 (+19.4%)
Earnings DateFeb 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,...

IndustryCommercial Services & Supplies
Founded1979
Employees1,061
Stock ExchangeNASDAQ
Ticker SymbolMGRC
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$89.50
(19.41% upside)
Analyst Consensus: Strong Buy

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 ...

1 week ago - Business Wire

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...

3 weeks ago - Business Wire

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

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?

2 months ago - Zacks Investment Research

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,...

2 months ago - Business Wire

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.

3 months ago - Zacks Investment Research

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...

3 months ago - Business Wire

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 ...

4 months ago - Business Wire

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?

5 months ago - Zacks Investment Research

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 ...

5 months ago - Benzinga

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...

5 months ago - Business Wire

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.

6 months ago - Zacks Investment Research

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 ...

6 months ago - Business Wire

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...

8 months ago - Business Wire

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 ...

8 months ago - Business Wire

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?

8 months ago - Zacks Investment Research

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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...

9 months ago - Business Wire

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.

Other symbols:CAIGTNGTYPRAA
9 months ago - GuruFocus

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...

9 months ago - Business Wire

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...

Other symbols:AMTTPL
10 months ago - GuruFocus

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...

10 months ago - Business Wire

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?

11 months ago - Zacks Investment Research