Electro Rent Company Profile (NASDAQ:ELRC)

About Electro Rent

Electro Rent logoElectro Rent Corporation is engaged in rental, lease and sale of new and used electronic test and measurement (T&M) equipment. The Company's segments include T&M and DP. Its businesses include Rental and Lease Business; Used Equipment Sales, and New Equipment Sales. It maintains an equipment portfolio comprising T&M and DP equipment purchased from manufacturers, which it warehouses in various locations across the world to enable it to serve rental and lease customers. It sells used T&M and DP equipment that it previously held for rent and lease. All of its used equipment has been maintained and serviced by its professional maintenance team. The Company offers various products, which include Electrical & Power Test Products; Oscilloscopes; PIM Test, and Signal/Spectrum Analyzers, which include Rohde & Schwarz FSW26, Anritsu MS2724B, Anritsu MS2711D/21 and Rohde & Schwarz FSQ8/K91/P1.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Rental & Leasing Services
  • Sub-Industry: Technology Distributors
  • Exchange: NASDAQ
  • Symbol: ELRC
  • CUSIP: 28521810
Key Metrics:
  • Previous Close: $15.49
  • 50 Day Moving Average: $15.32
  • 200 Day Moving Average: $11.39
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 23.83
  • P/E Growth: 0.00
  • Market Cap: $N/A
  • Beta: 1.05
Additional Links:
Companies Related to Electro Rent:

Analyst Ratings

Consensus Ratings for Electro Rent (NASDAQ:ELRC) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for Electro Rent (NASDAQ:ELRC)
Show:
DateFirmActionRatingPrice TargetDetails
5/31/2016SidotiDowngradeBuy -> NeutralView Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Electro Rent (NASDAQ:ELRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/11/2016        
4/8/2016Q316$0.11$0.04$39.50 millionViewN/AView Earnings Details
1/7/2016Q2$0.13$0.08ViewN/AView Earnings Details
10/8/2015Q116$0.14$0.10$53.30 millionViewN/AView Earnings Details
8/13/2015Q415$0.17$0.14$58.80 million$60.40 millionViewN/AView Earnings Details
4/9/2015Q315$0.20$0.10$56.30 millionViewN/AView Earnings Details
1/16/2015Q215$0.20$59.70 millionViewN/AView Earnings Details
10/6/2014Q115$0.26$0.20$61.90 millionViewN/AView Earnings Details
8/11/2014$0.22$0.19ViewN/AView Earnings Details
4/7/2014$0.24$0.19ViewN/AView Earnings Details
1/8/2014Q2$0.23$65.20 million$57.90 millionViewN/AView Earnings Details
10/3/2013Q114$0.24$0.23$58.50 million$60.20 millionViewN/AView Earnings Details
4/8/2013Q3 2013$0.23$0.21$60.10 million$64.70 millionViewN/AView Earnings Details
1/9/2013Q213$0.26$61.64 million$65.19 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Electro Rent (NASDAQ:ELRC)
Current Year EPS Consensus Estimate: $0.35 EPS
Next Year EPS Consensus Estimate: $0.65 EPS

Dividends

Current Dividend Information for Electro Rent (NASDAQ:ELRC)
Annual Dividend:$0.50
Dividend Yield:3.23%
Payout Ratio:135.14% (Based on Trailing 12 Months of Earnings)
142.86% (Based on Current Year Consensus EPS Estimate)
76.92% (Based on Next Year Consensus EPS Estimate)

Dividend History for Electro Rent (NASDAQ:ELRC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/18/2016quarterly$0.135.06%3/29/20163/31/20164/8/2016
12/15/2015quarterly$0.135.31%12/22/201512/24/20151/8/2016
9/4/2015quarterly$0.134.76%9/16/20159/18/201510/9/2015
6/12/2015quarterly$0.134.73%6/18/20156/22/20157/10/2015
3/4/2015quarterly$0.207.94%3/18/20153/20/20154/10/2015
12/3/2014quarterly$0.205.7%12/17/201412/19/20141/9/2015
9/4/2014quarterly$0.205.28%9/17/20149/19/201410/10/2014
6/5/2014quarterly$0.204.82%6/18/20146/20/20147/10/2014
3/5/2014quarterly$0.204.33%3/18/20143/20/20144/10/2014
12/6/2013quarterly$0.204.09%12/18/201312/20/20131/10/2014
8/30/2013quarterly$0.204.57%9/18/20139/20/201310/10/2013
6/7/2013quarterly$0.204.57%6/18/20136/20/20137/10/2013
3/5/2013quarterly$0.204.74%3/18/20133/20/20134/10/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Electro Rent (NASDAQ:ELRC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Electro Rent (NASDAQ:ELRC)
DateHeadline
finance.yahoo.com logoPrivate Capital Exits Advanced Auto Parts (NASDAQ:ELRC)
finance.yahoo.com - November 22 at 4:33 PM
News IconElectro Rent buys Microlease in move to create global T&M services company (NASDAQ:ELRC)
www.newelectronics.co.uk - November 16 at 4:57 PM
mysmartrend.com logoUptrend Call Working As Electro Rent Stock Rises 53.1% (ELRC) (NASDAQ:ELRC)
www.mysmartrend.com - October 19 at 5:12 PM
mysmartrend.com logoElectro Rent Up 53.1% Since SmarTrend Uptrend Call (ELRC) (NASDAQ:ELRC)
www.mysmartrend.com - September 20 at 8:34 AM
mysmartrend.com logoShares of ELRC Up 53.1% Since Uptrend Call on Shares (NASDAQ:ELRC)
www.mysmartrend.com - August 25 at 8:42 PM
mysmartrend.com logoElectro Rent Shares Up 53.1% Since SmarTrend's Buy Recommendation (ELRC) (NASDAQ:ELRC)
www.mysmartrend.com - August 18 at 6:56 AM
News IconPlatinum pays $382M for Electro Rent (NASDAQ:ELRC)
pitchbook.com - August 12 at 9:57 PM
News IconElectro Rent goes private with Platinum Equity (NASDAQ:ELRC)
www.pehub.com - August 11 at 4:56 PM
News IconPlatinum Equity Buys Electro Rent in Take-Private Deal (NASDAQ:ELRC)
www.themiddlemarket.com - August 11 at 4:56 PM
mysmartrend.com logoElectro Rent Shares Up 53.0% Since SmarTrend's Buy Recommendation (ELRC) (NASDAQ:ELRC)
www.mysmartrend.com - August 11 at 4:56 PM
biz.yahoo.com logoELECTRO RENT CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material Definitiv (NASDAQ:ELRC)
biz.yahoo.com - August 10 at 11:00 PM
publicnow.com logoPlatinum Equity Completes Acquisition of Electro Rent (NASDAQ:ELRC)
www.publicnow.com - August 10 at 11:00 PM
biz.yahoo.com logoELECTRO RENT CORP Files SEC form 10-K, Annual Report (NASDAQ:ELRC)
biz.yahoo.com - August 9 at 9:03 PM
4-traders.com logoElectro Rent : Shareholders Approve Acquisition by Platinum Equity (NASDAQ:ELRC)
www.4-traders.com - August 8 at 10:09 PM
seekingalpha.com logoElectro Rent shareholders OK Platinum Equity buyout (NASDAQ:ELRC)
seekingalpha.com - August 5 at 7:25 PM
finance.yahoo.com logoElectro Rent Shareholders Approve Acquisition by Platinum Equity (NASDAQ:ELRC)
finance.yahoo.com - August 5 at 4:51 PM
biz.yahoo.com logoELECTRO RENT CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Financial St (NASDAQ:ELRC)
biz.yahoo.com - August 5 at 4:51 PM
News IconElectro Rent Becomes Authorized Preferred Reseller and Rental Partner for IMST, GmbH (NASDAQ:ELRC)
www.mobilitytechzone.com - July 28 at 9:17 PM
bizjournals.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Files Class Action against Electro Rent Corporation in Connection with the Sale of the Company - ELRC (NASDAQ:ELRC)
www.bizjournals.com - July 13 at 10:03 PM
rttnews.com logoElectro Rent Corp. (ELRC) Leaped After Platinum Equity Boosted Offer (NASDAQ:ELRC)
www.rttnews.com - June 28 at 9:42 AM
bizjournals.com logo​Platinum Equity raises bid for Electro Rent to $382 million (NASDAQ:ELRC)
www.bizjournals.com - June 27 at 5:00 PM
seekingalpha.com logoElectro Rent's buyout offer price increased by 18% (NASDAQ:ELRC)
seekingalpha.com - June 24 at 1:01 PM
feeds.benzinga.com logoTop Performing Industries For June 24, 2016 (NASDAQ:ELRC)
feeds.benzinga.com - June 24 at 12:44 PM
feeds.reuters.com logoBRIEF-Electro Rent Corp - Termination fees payable to Platinum Equity of $19.1 mln (NASDAQ:ELRC)
feeds.reuters.com - June 24 at 11:39 AM
streetinsider.com logoPlatinum Equity Raises Electro Rent (ELRC) Offer to $15.50/Share (NASDAQ:ELRC)
www.streetinsider.com - June 24 at 11:36 AM
rttnews.com logoElectro Rent Corp. (ELRC) Is Jumping After Platinum Equity Ups Bid (NASDAQ:ELRC)
www.rttnews.com - June 24 at 11:35 AM
feeds.reuters.com logoBRIEF-Platinum Equity increases offer for Electro Rent purchase (NASDAQ:ELRC)
feeds.reuters.com - June 24 at 10:22 AM
publicnow.com logoPlatinum Equity Increases Electro Rent Purchase Price Offer to $15.50 per Share (NASDAQ:ELRC)
www.publicnow.com - June 24 at 9:50 AM
News IconInvestor News: Lawsuit against Takeover of Electro Rent Corporation (NASDAQ:ELRC) filed (NASDAQ:ELRC)
www.groundreport.com - June 21 at 4:35 PM
News IconLawsuit for Investors in Shares of Electro Rent Corporation (NASDAQ:ELRC) Against Takeover Filed (NASDAQ:ELRC)
www.ssuchronicle.com - June 14 at 4:45 PM
capitalcube.com logoElectro Rent Corp. :ELRC-US: Earnings Analysis: Q3, 2016 By the Numbers : June 14, 2016 (NASDAQ:ELRC)
www.capitalcube.com - June 14 at 10:17 AM
finance.yahoo.com logoElectro Rent Corporation Acquisition May Not Be in the Best Interests of ELRC Shareholders (NASDAQ:ELRC)
finance.yahoo.com - June 9 at 1:09 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces Class Action Challenging the Fairness of the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC (NASDAQ:ELRC)
finance.yahoo.com - June 9 at 11:03 AM
sbwire.com logoThe Takeover of Electro Rent Corporation (NASDAQ:ELRC) Is Under Investigation for Investors (NASDAQ:ELRC)
www.sbwire.com - June 8 at 9:40 PM
publicnow.com logoProxy Statement - Merger or Acquistion (preliminary) (NASDAQ:ELRC)
www.publicnow.com - June 7 at 5:58 PM
4-traders.com logoLevi & Korsinsky, LLP Announces Investigation Concerning the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC (NASDAQ:ELRC)
www.4-traders.com - June 6 at 4:41 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC (NASDAQ:ELRC)
finance.yahoo.com - June 6 at 2:46 PM
marketwatch.com logoSHAREHOLDER ALERT:Brodsky& Smith, LLC AnnouncesInvestigationof The Board of Directors of Electro Rent Corporation (NASDAQ:ELRC)
www.marketwatch.com - June 2 at 10:53 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Electro Rent Corporation (NASDAQ:ELRC)
finance.yahoo.com - June 2 at 10:05 PM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Electro Rent Corporation And Encourages Shareholders To Contact The Firm For Additional Information (NASDAQ:ELRC)
finance.yahoo.com - June 2 at 5:50 PM
finance.yahoo.com logoBragar Eagel & Squire, P.C. Is Investigating the Board of Directors of Electro Rent Corporation (ELRC) on Behalf of Stockholders and Encourages Investors to Contact the Firm (NASDAQ:ELRC)
finance.yahoo.com - June 1 at 5:30 PM
capitalcube.com logoElectro Rent Corp.: Strong price momentum but will it sustain? (NASDAQ:ELRC)
www.capitalcube.com - June 1 at 4:29 PM
finance.yahoo.com logoShareholder Alert: Brower Piven Commences An Investigation Into The Proposed Sale Of Electro Rent Corporation And Encourages Investors To Contact The Firm For Additional Information (NASDAQ:ELRC)
finance.yahoo.com - June 1 at 1:05 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Fairness of the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC (NASDAQ:ELRC)
finance.yahoo.com - June 1 at 12:58 PM
finance.yahoo.com logoRyan & Maniskas, LLP Announces Investigation of Electro Rent Corporation (NASDAQ:ELRC)
finance.yahoo.com - June 1 at 11:07 AM
finance.yahoo.com logoWolf Popper LLP Investigates Buyout of Electro Rent Corporation by Platinum Equity (NASDAQ:ELRC)
finance.yahoo.com - June 1 at 10:45 AM
fxpips.com logoGaps Up – Seneca (SENEB), Electro Rent (ELRC), Bristow (BRS), Tidewater (TDW) (NASDAQ:ELRC)
www.fxpips.com - June 1 at 8:58 AM
rttnews.com logoElectro Rent Corp. (ELRC) Soared To A New High After Merger Agreement (NASDAQ:ELRC)
www.rttnews.com - June 1 at 8:58 AM
fidaily.com logoShares Trading up at $13.10 (ELRC) ELECTRO RENT INVESTOR ALERT BY THE… (NASDAQ:ELRC)
www.fidaily.com - June 1 at 8:58 AM
finance.yahoo.com logoELECTRO RENT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Electro Rent Corporation (NASDAQ:ELRC)
finance.yahoo.com - May 31 at 11:01 PM

Social

What is Electro Rent's stock symbol?

Electro Rent trades on the NASDAQ under the ticker symbol "ELRC."

How often does Electro Rent pay dividends? What is the dividend yield for Electro Rent?

Electro Rent announced a quarterly dividend on Friday, March 18th. Investors of record on Thursday, March 31st will be paid a dividend of $0.125 per share on Friday, April 8th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date of this dividend is Tuesday, March 29th.

When will Electro Rent announce their earnings?

Electro Rent is scheduled to release their next quarterly earnings announcement on Thursday, August, 11th 2016.

How do I buy Electro Rent stock?

Shares of Electro Rent can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Electro Rent stock cost?

One share of Electro Rent stock can currently be purchased for approximately $15.49.

Electro Rent (NASDAQ:ELRC) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Electro Rent (NASDAQ:ELRC)

Earnings History Chart

Earnings by Quarter for Electro Rent (NASDAQ:ELRC)

Dividend History Chart

Dividend Payments by Quarter for Electro Rent (NASDAQ:ELRC)

Last Updated on 2/20/2017 by MarketBeat.com Staff