McGrath RentCorp Company Profile (NASDAQ:MGRC)

About McGrath RentCorp (NASDAQ:MGRC)

McGrath RentCorp logoMcGrath RentCorp is a diversified business-to-business rental company. The Company operates through four business segments: modular building and portable storage segment (Mobile Modular); electronic test equipment segment (TRS-RenTelco); a subsidiary providing containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks), and a subsidiary classroom manufacturing business selling modular buildings used primarily as classrooms in California (Enviroplex). The Mobile Modular business segment includes Mobile Modular Portable Storage division. As of December 31, 2016, the Company's TRS-RenTelco rented and sold electronic test equipment nationally and internationally from three facilities located in Grapevine, Texas (the Dallas facility), Dollard-des-Ormeaux, Canada (the Montreal facility) and Bangalore, Karnataka, India (the Bangalore facility). Adler Tanks purchases tanks and boxes from various manufacturers located throughout the country.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Commercial Equipment Rental
  • Sub-Industry: Diversified Support Services
  • Symbol: NASDAQ:MGRC
  • CUSIP: 58058910
  • Web:
  • Market Cap: $1.08932 billion
  • Outstanding Shares: 23,994,000
Average Prices:
  • 50 Day Moving Avg: $43.14
  • 200 Day Moving Avg: $37.26
  • 52 Week Range: $29.27 - $46.73
  • Trailing P/E Ratio: 25.93
  • Foreward P/E Ratio: 22.46
  • P/E Growth: 2.47
Sales & Book Value:
  • Annual Revenue: $431.7 million
  • Price / Sales: 2.52
  • Book Value: $16.77 per share
  • Price / Book: 2.70
  • Annual Dividend: $1.04
  • Dividend Yield: 2.3%
  • EBITDA: $93.06 million
  • Net Margins: 9.74%
  • Return on Equity: 10.62%
  • Return on Assets: 3.69%
  • Current Ratio: 0.29%
  • Quick Ratio: 0.29%
  • Average Volume: 58,795 shs.
  • Beta: 0.97
  • Short Ratio: 2.85

Frequently Asked Questions for McGrath RentCorp (NASDAQ:MGRC)

What is McGrath RentCorp's stock symbol?

McGrath RentCorp trades on the NASDAQ under the ticker symbol "MGRC."

How often does McGrath RentCorp pay dividends? What is the dividend yield for McGrath RentCorp?

McGrath RentCorp announced a quarterly dividend on Thursday, September 21st. Investors of record on Tuesday, October 17th will be given a dividend of $0.26 per share on Tuesday, October 31st. This represents a $1.04 annualized dividend and a yield of 2.29%. The ex-dividend date is Monday, October 16th. View McGrath RentCorp's Dividend History.

How were McGrath RentCorp's earnings last quarter?

McGrath RentCorp (NASDAQ:MGRC) posted its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.48 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.38 by $0.10. The business earned $109.58 million during the quarter, compared to analyst estimates of $105.36 million. McGrath RentCorp had a net margin of 9.74% and a return on equity of 10.62%. McGrath RentCorp's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.38 EPS. View McGrath RentCorp's Earnings History.

When will McGrath RentCorp make its next earnings announcement?

McGrath RentCorp is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for McGrath RentCorp.

Who are some of McGrath RentCorp's key competitors?

Who are McGrath RentCorp's key executives?

McGrath RentCorp's management team includes the folowing people:

  • Joseph F. Hanna, President, Chief Executive Officer, Director
  • Keith E. Pratt, Chief Financial Officer, Executive Vice President
  • Steven H. Adler, President of Adler Tank Rentals
  • Randle F. Rose, Chief Administrative Officer, Senior Vice President, Secretary
  • David M. Whitney, Vice President, Principal Accounting Officer, Corporate Controller
  • Kay Dashner, Vice President - Human Resources
  • Philip B. Hawkins, Vice President - Mobile Modular
  • John P. Skenesky, Vice President, TRS-RenTelco
  • Kristina VanTrease, Vice President; Division Manager of Mobile Modular Portable Storage
  • Ronald Harold Zech, Non-Executive Independent Chairman of the Board

How do I buy McGrath RentCorp stock?

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

What is McGrath RentCorp's stock price today?

One share of McGrath RentCorp stock can currently be purchased for approximately $45.36.

MarketBeat Community Rating for McGrath RentCorp (NASDAQ MGRC)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  83 (Vote Outperform)
Underperform Votes:  96 (Vote Underperform)
Total Votes:  179
MarketBeat's community ratings are surveys of what our community members think about McGrath RentCorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for McGrath RentCorp (NASDAQ:MGRC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A
Consensus Price Target History for McGrath RentCorp (NASDAQ:MGRC)
Price Target History for McGrath RentCorp (NASDAQ:MGRC)
Analysts' Ratings History for McGrath RentCorp (NASDAQ:MGRC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/14/2016SidotiBoost Price TargetBuy$36.00 -> $40.00N/AView Rating Details
5/4/2016Oppenheimer Holdings, Inc.Reiterated RatingHoldN/AView Rating Details
(Data available from 10/21/2015 forward)


Earnings History for McGrath RentCorp (NASDAQ:MGRC)
Earnings by Quarter for McGrath RentCorp (NASDAQ:MGRC)
Earnings History by Quarter for McGrath RentCorp (NASDAQ MGRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.56N/AView Earnings Details
8/2/2017Q2 2017$0.38$0.48$105.36 million$109.58 millionViewListenView Earnings Details
5/2/2017Q1 2017$0.28$0.33$95.10 million$94.84 millionViewListenView Earnings Details
2/28/2017Q4 2016$0.46$0.40$108.06 million$105.28 millionViewListenView Earnings Details
11/1/2016Q3$0.52$0.54$114.10 million$122.00 millionViewListenView Earnings Details
8/2/2016Q216$0.34$0.38$98.58 million$103.10 millionViewListenView Earnings Details
5/3/2016Q1$0.27$0.27$92.18 million$93.70 millionViewListenView Earnings Details
2/25/2016Q4$0.51$0.48$107.27 million$105.30 millionViewListenView Earnings Details
10/29/2015Q315$0.48$0.54$113.60 million$113.05 millionViewListenView Earnings Details
7/30/2015Q215$0.39$0.32$100.85 million$96.00 millionViewListenView Earnings Details
4/30/2015Q1$0.33$0.26$95.04 million$90.18 millionViewListenView Earnings Details
2/26/2015Q414$0.50$0.53$102.30 million$111.80 millionViewListenView Earnings Details
10/29/2014Q314$0.53$0.53$114.50 million$113.03 millionViewListenView Earnings Details
7/31/2014Q214$0.38$0.39$91.40 million$95.70 millionViewListenView Earnings Details
4/30/2014Q1$0.36$0.30$88.55 million$87.47 millionViewListenView Earnings Details
2/27/2014Q413$0.49$0.45$100.55 million$94.60 millionViewListenView Earnings Details
10/30/2013Q313$0.49$0.48$100.10 million$108.90 millionViewListenView Earnings Details
7/31/2013Q2 2013$0.46$0.38$86.86 million$87.13 millionViewListenView Earnings Details
5/1/2013Q1 2013$0.39$0.36$82.43 million$88.70 millionViewListenView Earnings Details
2/21/2013Q4 2012$0.42$0.47$86.07 million$102.00 millionViewListenView Earnings Details
11/1/2012Q312$0.50$0.50$96.03 million$99.40 millionViewN/AView Earnings Details
7/31/2012$0.48$0.42ViewN/AView Earnings Details
5/3/2012$0.41$0.39ViewN/AView Earnings Details
2/29/2012$0.43$0.53ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for McGrath RentCorp (NASDAQ:MGRC)
2017 EPS Consensus Estimate: $1.76
2018 EPS Consensus Estimate: $1.98
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.27$0.28$0.28
Q2 20172$0.37$0.39$0.38
Q3 20172$0.57$0.57$0.57
Q4 20172$0.53$0.54$0.54
Q1 20181$0.34$0.34$0.34
Q2 20181$0.44$0.44$0.44
Q3 20181$0.62$0.62$0.62
Q4 20181$0.58$0.58$0.58
(Data provided by Zacks Investment Research)


Current Dividend Information for McGrath RentCorp (NASDAQ:MGRC)
Next Dividend:10/31/2017
Annual Dividend:$1.04
Dividend Yield:2.29%
Dividend Growth:2.10% (3 Year Average)
Payout Ratio:59.43% (Trailing 12 Months of Earnings)
54.74% (Based on This Year's Estimates)
51.49% (Based on Next Year's Estimates)
Track Record:15 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for McGrath RentCorp (NASDAQ:MGRC)

Dividend History by Quarter for McGrath RentCorp (NASDAQ MGRC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for McGrath RentCorp (NASDAQ:MGRC)
Insider Ownership Percentage: 4.60%
Institutional Ownership Percentage: 82.54%
Insider Trades by Quarter for McGrath RentCorp (NASDAQ:MGRC)
Institutional Ownership by Quarter for McGrath RentCorp (NASDAQ:MGRC)
Insider Trades by Quarter for McGrath RentCorp (NASDAQ:MGRC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/7/2017Trease Kristina VanVPSell3,400$39.61$134,674.00View SEC Filing  
9/5/2017Trease Kristina VanVPSell1,043$39.82$41,532.26View SEC Filing  
9/1/2017David M WhitneyVPSell500$40.12$20,060.00View SEC Filing  
8/31/2017Kay DashnerVPSell2,500$40.00$100,000.00View SEC Filing  
8/11/2017John P SkeneskyVPSell7,561$38.47$290,871.67View SEC Filing  
8/4/2017Keith E PrattVPSell3,261$40.73$132,820.53View SEC Filing  
5/15/2017Elizabeth A FetterDirectorSell2,000$36.02$72,040.00View SEC Filing  
5/10/2017Dennis P StradfordDirectorSell3,000$36.25$108,750.00View SEC Filing  
5/10/2017Philip B HawkinsVPSell1,500$36.00$54,000.00View SEC Filing  
5/8/2017Joseph F HannaCEOSell6,000$34.55$207,300.00View SEC Filing  
12/15/2016Kay DashnerVPSell2,817$39.05$110,003.85View SEC Filing  
12/15/2016Keith E PrattCFOSell766$39.02$29,889.32View SEC Filing  
12/13/2016Randle F RoseCAOSell8,000$39.00$312,000.00View SEC Filing  
11/18/2016Keith E PrattCFOSell2,599$36.03$93,641.97View SEC Filing  
11/17/2016Elizabeth A FetterDirectorSell800$35.84$28,672.00View SEC Filing  
11/11/2016David M WhitneyVPSell3,577$36.20$129,487.40View SEC Filing  
11/11/2016Elizabeth A FetterDirectorSell1,000$36.39$36,390.00View SEC Filing  
11/9/2016Philip B HawkinsVPSell7,000$36.05$252,350.00View SEC Filing  
9/12/2016John P SkeneskyVPSell392$31.98$12,536.16View SEC Filing  
9/7/2016Dennis C KakuresCEOSell36,777$32.60$1,198,930.20View SEC Filing  
9/6/2016Dennis C KakuresCEOSell16,248$32.63$530,172.24View SEC Filing  
8/26/2016Philip B HawkinsVPSell2,000$31.97$63,940.00View SEC Filing  
8/24/2016Dennis P StradfordDirectorSell2,800$31.87$89,236.00View SEC Filing  
8/23/2016Keith E PrattCFOSell1,372$31.94$43,821.68View SEC Filing  
8/17/2016Trease Kristina VanVPSell2,266$31.74$71,922.84View SEC Filing  
6/15/2016Dennis C KakuresCEOSell10,449$30.21$315,664.29View SEC Filing  
6/15/2016Keith E PrattCFOSell1,362$30.20$41,132.40View SEC Filing  
6/15/2016Randle F RoseCAOSell3,000$30.14$90,420.00View SEC Filing  
6/13/2016William J DawsonDirectorSell5,000$30.27$151,350.00View SEC Filing  
6/9/2016Philip B HawkinsVPSell2,000$30.20$60,400.00View SEC Filing  
6/7/2016Keith E PrattCFOSell2,426$29.81$72,319.06View SEC Filing  
5/24/2016Philip B HawkinsVPSell1,000$27.61$27,610.00View SEC Filing  
5/12/2016Bruce Michael BucklandVPSell2,080$26.56$55,244.80View SEC Filing  
5/10/2016Philip B HawkinsVPSell1,000$26.18$26,180.00View SEC Filing  
11/9/2015John P SkeneskyVPSell753$28.73$21,633.69View SEC Filing  
9/11/2015Keith E. PrattCFOSell2,884$25.90$74,695.60View SEC Filing  
12/15/2014Dennis P StradfordDirectorSell6,622$34.22$226,604.84View SEC Filing  
11/14/2014William J DawsonDirectorSell2,243$38.00$85,234.00View SEC Filing  
11/7/2014Philip B HawkinsVPSell2,500$37.44$93,600.00View SEC Filing  
6/12/2014Steven H AdlerInsiderSell10,000$34.76$347,600.00View SEC Filing  
6/9/2014John P SkeneskyVPSell3,722$35.28$131,312.16View SEC Filing  
5/30/2014Dennis P StradfordDirectorSell2,330$34.20$79,686.00View SEC Filing  
5/9/2014Trease Kristina VanVPSell2,339$34.30$80,227.70View SEC Filing  
3/14/2014Dennis KakuresCEOSell12,184$33.08$403,046.72View SEC Filing  
3/14/2014Philip HawkinsVPSell3,600$33.17$119,412.00View SEC Filing  
3/12/2014Dennis StradfordDirectorSell2,743$34.02$93,316.86View SEC Filing  
11/19/2013David WhitneyVPSell6,975$37.29$260,097.75View SEC Filing  
11/13/2013John SkeneskyVPSell1,742$36.00$62,712.00View SEC Filing  
9/12/2013William DawsonDirectorSell1,394$35.06$48,873.64View SEC Filing  
9/9/2013Trease Kristina VanVPSell8,944$34.00$304,096.00View SEC Filing  
8/28/2013Dennis StradfordDirectorSell2,948$34.43$101,499.64View SEC Filing  
6/13/2013Trease Kristina VanVPSell23,000$33.16$762,680.00View SEC Filing  
6/11/2013Joseph F HannaCOOSell17,000$33.24$565,080.00View SEC Filing  
6/10/2013Dennis C KakuresCEOSell10,827$33.01$357,399.27View SEC Filing  
6/10/2013Randle F RoseCAOSell14,200$33.20$471,440.00View SEC Filing  
6/7/2013Dennis C KakuresCEOSell114,173$33.03$3,771,134.19View SEC Filing  
6/3/2013Dennis P StradfordDirectorSell17,000$33.14$563,380.00View SEC Filing  
5/30/2013Ronald H ZechDirectorSell8,000$32.98$263,840.00View SEC Filing  
5/21/2013Kay DashnerVPSell9,000$33.26$299,340.00View SEC Filing  
5/20/2013John P SkeneskyVPSell16,000$33.02$528,320.00View SEC Filing  
5/17/2013William J DawsonDirectorSell16,000$31.60$505,600.00View SEC Filing  
5/15/2013David M WhitneyVPSell4,000$31.41$125,640.00View SEC Filing  
5/14/2013David M WhitneyVPSell10,000$30.73$307,300.00View SEC Filing  
5/10/2013Trease Kristina VanVPSell19,000$29.44$559,360.00View SEC Filing  
5/8/2013Dennis P StradfordDirectorSell2,100$30.71$64,491.00View SEC Filing  
3/13/2013David M WhitneyVPSell3,622$30.80$111,557.60View SEC Filing  
3/12/2013Ronald H ZechDirectorSell4,000$30.64$122,560.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for McGrath RentCorp (NASDAQ:MGRC)
Latest Headlines for McGrath RentCorp (NASDAQ:MGRC)
DateHeadline logoDividend Coverage: This Business-to-Business Rental Company Has Raised Dividend for 25 Years in a Row; Will Trade Ex-Dividend on October 16, 2017 - October 14 at 3:07 AM logoMcGrath RentCorp (MGRC) Expected to Announce Quarterly Sales of $127.10 Million - October 10 at 3:56 AM logoMcGrath RentCorp (MGRC) Expected to Post Earnings of $0.57 Per Share - October 8 at 8:32 PM logoMcGrath RentCorp Sets Third Quarter 2017 Financial Results Date and Time - October 2 at 5:24 PM logoMcGrath RentCorp (MGRC) to Issue $0.26 Quarterly Dividend - September 21 at 5:39 PM logoETFs with exposure to McGrath RentCorp : September 19, 2017 - September 20 at 6:17 AM logoTop Ranked Income Stocks to Buy for September 15th - September 16 at 6:24 AM logoMcGrath RentCorp :MGRC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 12, 2017 - September 13 at 6:30 AM logoInsider Selling: McGrath RentCorp (MGRC) VP Sells 3,400 Shares of Stock - September 8 at 10:08 PM logoTop Ranked Income Stocks to Buy for September 7th - September 8 at 4:25 AM logoInsider Selling: McGrath RentCorp (MGRC) VP Sells 1,043 Shares of Stock - September 6 at 9:38 PM logoInsider Selling: McGrath RentCorp (MGRC) VP Sells 500 Shares of Stock - September 6 at 9:38 PM logoMcGrath RentCorp (MGRC) Expected to Post Quarterly Sales of $127.10 Million - September 3 at 5:54 AM logoMcGrath RentCorp (MGRC) Expected to Announce Earnings of $0.57 Per Share - September 1 at 4:28 PM logo47 'Safer' Dividend Champion Dogs Chase Leggett, Nucor And Old Republic... Gains For August - September 1 at 5:12 AM logoMcGrath RentCorp (MGRC) VP Sells $100,000.00 in Stock - August 31 at 7:44 PM logoMcGrath RentCorp : MGRC-US: Dividend Analysis : July 17th, 2017 (record date) : By the numbers : August 24, 2017 - August 25 at 8:27 AM logoFinancial Review: McGrath RentCorp (MGRC) vs. Neff Corporation (NEFF) - August 24 at 4:24 PM logoNeff Corporation (NEFF) versus McGrath RentCorp (MGRC) Head to Head Comparison - August 22 at 6:24 AM logoWhy McGrath RentCorp (MGRC) Stock Might be a Great Pick - August 19 at 12:58 AM logoNeff Corporation (NEFF) and McGrath RentCorp (MGRC) Critical Contrast - August 17 at 6:18 PM logo Brokerages Anticipate McGrath RentCorp (MGRC) Will Post Quarterly Sales of $127.10 Million - August 16 at 9:58 AM logoJohn P. Skenesky Sells 7,561 Shares of McGrath RentCorp (MGRC) Stock - August 14 at 11:10 PM logo$0.57 Earnings Per Share Expected for McGrath RentCorp (MGRC) This Quarter - August 14 at 4:20 AM logoMcGrath RentCorp (NASDAQ:MGRC) VP Sells $132,820.53 in Stock - August 8 at 8:10 PM logoFinancial Analysis: Air Lease Corporation (AL) and McGrath RentCorp (MGRC) - August 8 at 7:32 AM logoFinancial Contrast: Air Lease Corporation (AL) versus McGrath RentCorp (NASDAQ:MGRC) - August 7 at 8:16 PM logoQ3 2017 Earnings Estimate for McGrath RentCorp (NASDAQ:MGRC) Issued By KeyCorp - August 7 at 7:40 AM logoContrasting McGrath RentCorp (NASDAQ:MGRC) & Neff Corporation (NEFF) - August 4 at 7:44 AM logoQ3 2017 Earnings Forecast for McGrath RentCorp Issued By Oppenheimer Holdings (NASDAQ:MGRC) - August 4 at 7:16 AM logoProfits Surge at McGrath RentCorp on Mobile Building Demand - August 4 at 1:46 AM logoMcGrath RentCorp's (MGRC) CEO Joseph Hanna on Q2 2017 Results - Earnings Call Transcript - August 3 at 5:18 AM logoMcGrath RentCorp Announces Results for Second Quarter 2017 - August 3 at 5:18 AM logoEdited Transcript of MGRC earnings conference call or presentation 2-Aug-17 9:00pm GMT - August 3 at 5:18 AM logoMcGrath posts 2Q profit - August 3 at 5:18 AM logoMcGrath RentCorp beats by $0.09, beats on revenue - August 2 at 4:15 PM logo McGrath RentCorp (MGRC) Receives Average Recommendation of "Buy" from Analysts - August 2 at 10:14 AM logoEmerson Electric, Eaton or McGrath RentCorp - Potential GRAVY In the Industrial Sector - July 31 at 8:13 PM logoMcGrath RentCorp Director Robert Hood to Retire, Bradley M. Shuster Elected to Board - July 31 at 8:13 PM logoMcGrath RentCorp (NASDAQ:MGRC) Expected to Post Quarterly Sales of $105.15 Million - July 28 at 1:19 PM logoReviewing McGrath RentCorp (MGRC) & Neff Corporation (NEFF) - July 28 at 8:29 AM logoMcGrath RentCorp (MGRC) Set to Announce Earnings on Wednesday - July 27 at 12:58 PM logoChampion Dividend Dogs Chase McGrath For Top Estimated July Gains - July 26 at 12:09 AM logoHead-To-Head Review: McGrath RentCorp (MGRC) vs. Aircastle Limited (AYR) - July 14 at 4:10 PM logoAnalyzing McGrath RentCorp (NASDAQ:MGRC) and Air Lease Corporation (AL) - July 13 at 10:23 PM logoMcGrath RentCorp breached its 50 day moving average in a Bearish Manner : MGRC-US : July 11, 2017 - July 12 at 3:30 AM logoMGRC Makes Bullish Cross Above Critical Moving Average - July 8 at 12:34 PM logoHead to Head Contrast: McGrath RentCorp (MGRC) and Aircastle Limited (AYR) - July 6 at 8:28 PM logoMcGrath RentCorp Sets Second Quarter 2017 Financial Results Date and Time - July 6 at 4:34 PM logoAnalyzing McGrath RentCorp (MGRC) & Aircastle Limited (AYR) - July 2 at 8:20 PM



McGrath RentCorp (MGRC) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by Staff

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