McGrath RentCorp (MGRC) Stock Price, News & Analysis

Company Overview

McGrath RentCorp, founded in 1986 and headquartered in Covington, Louisiana, is a specialty equipment rental company serving a diverse array of industries across North America. Originally established to rent portable modular buildings for construction and commercial projects, the company has evolved into a multi‐segment rental provider. Its operations are organized under four primary brands—Modular Space, National Pump & Energy, Sea Box and Arc-Gen—each focused on delivering turnkey rental solutions for climate control, dewatering and pumping, power generation, and secure storage needs.

Modular Space, the company’s modular building division, provides on-site offices, classrooms and mobile healthcare units, while Arc‐Gen offers temporary power and lighting systems for remote or emergency applications. National Pump & Energy specializes in high-capacity dewatering and groundwater treatment pumps, catering to municipal, industrial and environmental markets. Sea Box supplies shipping containers, specialized storage trailers and worksite offices, supporting sectors ranging from oil and gas to retail and disaster relief. Together, these units enable McGrath RentCorp to serve construction, infrastructure, energy, government and commercial customers with comprehensive rental fleets.

Over the years, McGrath RentCorp has expanded its geographic footprint through organic growth and targeted acquisitions. In 2010, the addition of National Pump & Energy broadened its presence in the water management sector, and the 2018 Sea Box acquisition enhanced its container and storage capabilities. Today, the company operates more than 150 locations throughout the United States and Canada, offering rapid deployment, maintenance and customer support through a network of field technicians and regional service centers.

James J. McGrath, the company’s founder, continues to guide its strategic direction as Executive Chairman. William J. Curry serves as President and Chief Executive Officer, overseeing daily operations and long‐term growth initiatives. Under their leadership, McGrath RentCorp has maintained a focus on operational efficiency, fleet utilization and customer service, positioning the company as a leading specialty rental provider in North America.

Key Stats

• Today's Range: $117.04 to $120.08
• 50-Day Range: $107.90 to $121.37
• 52-Week Range: $95.50 to $129.93
• Volume: 21,623 shs
• Average Volume: 185,936 shs
• Market Capitalization: $2.88 billion
• P/E Ratio: 12.14
• Dividend Yield: 1.66%
• Price Target: $145.50
• Consensus Rating: Buy

McGrath RentCorp Stock Analysis - MarketRank™

McGrath RentCorp scored higher than 98% of companies evaluated by MarketBeat, and ranked 33rd out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

McGrath RentCorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

McGrath RentCorp has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.17%

Earnings Growth

Earnings for McGrath RentCorp are expected to grow by 11.17% in the coming year, from $6.18 to $6.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of McGrath RentCorp is 12.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of McGrath RentCorp is 12.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.29.

Price to Earnings Growth Ratio

McGrath RentCorp has a PEG Ratio of 1.25. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

McGrath RentCorp has a P/B Ratio of 2.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.83% of the float of McGrath RentCorp has been sold short.

Short Interest Ratio / Days to Cover

McGrath RentCorp has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in McGrath RentCorp has recently decreased by 20.13%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

McGrath RentCorp pays a meaningful dividend of 1.62%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

McGrath RentCorp has been increasing its dividend for 33 years.

Dividend Coverage

The dividend payout ratio of McGrath RentCorp is 20.10%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, McGrath RentCorp will have a dividend payout ratio of 28.24% next year. This indicates that McGrath RentCorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -2.91

Percentage of Shares Shorted

1.83% of the float of McGrath RentCorp has been sold short.

Short Interest Ratio / Days to Cover

McGrath RentCorp has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in McGrath RentCorp has recently decreased by 20.13%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 1.57

News Sentiment

McGrath RentCorp has a news sentiment score of 1.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.94 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for McGrath RentCorp this week, compared to 5 articles on an average week.

Search Interest

Only 1 people have searched for MGRC on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, McGrath RentCorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,005,372.00 in company stock.

Percentage Held by Insiders

Only 1.40% of the stock of McGrath RentCorp is held by insiders.

Percentage Held by Institutions

92.05% of the stock of McGrath RentCorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MGRC Stock Analysis - Frequently Asked Questions

How have MGRC shares performed this year?

McGrath RentCorp's stock was trading at $111.82 on January 1st, 2025. Since then, MGRC stock has increased by 6.8% and is now trading at $119.42.

How were McGrath RentCorp's earnings last quarter?

McGrath RentCorp (NASDAQ:MGRC) issued its quarterly earnings results on Thursday, April, 24th. The financial services provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.13. The company's revenue for the quarter was up 4.0% on a year-over-year basis.
Read the conference call transcript.

Who are McGrath RentCorp's major shareholders?

McGrath RentCorp's top institutional shareholders include Swedbank AB (0.30%), Mirador Capital Partners LP (0.05%), Gallacher Capital Management LLC (0.02%) and Wealth Enhancement Advisory Services LLC (0.01%). Insiders that own company stock include Joseph F Hanna, John P Skenesky, Kimberly Ann Box, Dennis P Stradford, David M Whitney, Trease Kristina Van, Elizabeth A Fetter, William J Dawson, Philip B Hawkins, Tara Wescott and Gilda Malek.
View institutional ownership trends.

How do I buy shares of McGrath RentCorp?

Shares of MGRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of McGrath RentCorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that McGrath RentCorp investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Broadcom (AVGO), Exxon Mobil (XOM) and Tesla (TSLA).

Company Calendar

• Record date for 4/30 Dividend: 4/16/2025
• Ex-Dividend for 4/30 Dividend: 4/16/2025
• Last Earnings: 4/24/2025
• Dividend Payable: 4/30/2025
• Today: 7/15/2025
• Record date for 7/31 Dividend: 7/17/2025
• Ex-Dividend for 7/31 Dividend: 7/17/2025
• Next Earnings (Estimated): 7/24/2025
• Dividend Payable: 7/31/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - LEASING COS
• Sub-Industry: Diversified Support Services
• Current Symbol: NASDAQ:MGRC
• CIK: 752714
• Web: www.mgrc.com
• Phone: (925) 606-9200
• Fax: 925-453-3200
• Employees: 1,219
• Year Founded: N/A

Price Target and Rating

• Average Price Target for McGrath RentCorp: $145.50
• High Price Target: $152.00
• Low Price Target: $139.00
• Potential Upside/Downside: +21.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $9.65
• Trailing P/E Ratio: 12.38
• Forward P/E Ratio: 19.32
• P/E Growth: 1.25
• Net Income: $231.73 million
• Net Margins: 25.81%
• Pretax Margin: 34.97%
• Return on Equity: 13.57%
• Return on Assets: 6.41%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.26
• Quick Ratio: 0.26

Sales & Book Value

• Annual Sales: $910.94 million
• Price / Sales: 3.23
• Cash Flow: $10.28 per share
• Price / Cash Flow: 11.62
• Book Value: $45.76 per share
• Price / Book: 2.61

Miscellaneous

• Outstanding Shares: 24,610,000
• Free Float: 24,266,000
• Market Cap: $2.94 billion
• Optionable: Optionable
• Beta: 0.66