McGrath RentCorp (MGRC) Stock Price, News & Analysis

Company Overview

McGrath RentCorp was a business-to-business rental company that provided modular buildings, portable storage, electronic test and measurement equipment, and liquid and solid containment solutions. Its services supported customers in industries including construction, education, government, commercial operations, telecommunications and environmental management.

The company operated through several specialized businesses. Mobile Modular supplied relocatable classrooms, office buildings and other modular structures, while Mobile Modular Portable Storage offered portable storage units. TRS-RenTelco rented electronic test equipment, and Adler Tank Rentals provided tanks and related equipment for temporary storage and management of liquids and solids. Kitchens To Go supplied mobile and modular kitchen facilities.

Founded in 1979 and headquartered in Livermore, California, McGrath RentCorp served customers across the United States and, through certain operations, Canada. The company was led by President and Chief Executive Officer Joseph Hanna before its acquisition. In July 2024, WillScot Mobile Mini Holdings completed its acquisition of McGrath RentCorp, integrating its rental businesses into the combined company; McGrath RentCorp is therefore no longer an independent publicly traded company under the NASDAQ ticker MGRC.

Key Stats

• Today's Range: $111.25 to $114.24
• 50-Day Range: $109.48 to $122.28
• 52-Week Range: $94.99 to $125.83
• Volume: 20,646 shs
• Average Volume: 176,601 shs
• Market Capitalization: $2.77 billion
• P/E Ratio: 18.21
• Dividend Yield: 1.75%
• Price Target: $140.00
• Consensus Rating: Hold

McGrath RentCorp Stock Analysis - MarketRank™

McGrath RentCorp scored higher than 95% of companies evaluated by MarketBeat, and ranked 69th out of 671 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Hold

Consensus Rating

McGrath RentCorp has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

Upside Potential

McGrath RentCorp has a consensus price target of $140.00, representing about 23.6% upside from its current price of $113.23.

Amount of Analyst Coverage

McGrath RentCorp has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.52%

Earnings Growth

Earnings for McGrath RentCorp are expected to grow by 10.52% in the coming year, from $6.37 to $7.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of McGrath RentCorp is 18.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.93.

Price to Earnings Ratio vs. Sector

The P/E ratio of McGrath RentCorp is 18.23, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 25.36.

Price to Earnings Growth Ratio

McGrath RentCorp has a PEG Ratio of 1.15. 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 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.16% 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 3.94, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in McGrath RentCorp has recently increased by 7.12%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

McGrath RentCorp pays a meaningful dividend of 1.75%, 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 31.88%. 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 28.13% next year. This indicates that McGrath RentCorp will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.93

News Sentiment

McGrath RentCorp has a news sentiment score of 0.93. 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 0.58 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for McGrath RentCorp this week, compared to 3 articles on an average week.

Search Interest

2 people have searched for MGRC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 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 $1,681,856.00 in company stock.

Percentage Held by Insiders

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.

Company Calendar

• Record date for 7/31 Dividend: 7/17/2026
• Ex-Dividend for 7/31 Dividend: 7/17/2026
• Last Earnings: 7/29/2026
• Dividend Payable: 7/31/2026
• Today: 9/28/2026
• Record date for 10/30 Dividend: 10/16/2026
• Ex-Dividend for 10/30 Dividend: 10/16/2026
• Next Earnings (Estimated): 10/22/2026
• Dividend Payable: 10/30/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Trading Companies & Distributors
• Sub-Industry: Trading Companies & Distributors
• Current Symbol: NASDAQ:MGRC
• CIK: 752714
• Web: www.mgrc.com
• Phone: (925) 606-9200
• Fax: 925-453-3200
• Employees: 1,306
• Year Founded: 1979

Price Target and Rating

• Average Price Target for McGrath RentCorp: $140.00
• High Price Target: $140.00
• Low Price Target: $140.00
• Potential Upside/Downside: +23.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $6.21
• Trailing P/E Ratio: 18.25
• Forward P/E Ratio: 17.79
• P/E Growth: 1.15
• Net Income: $156.31 million
• Net Margins: 16.38%
• Pretax Margin: 22.43%
• Return on Equity: 12.44%
• Return on Assets: 6.38%

Debt

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

Sales & Book Value

• Annual Sales: $944.23 million
• Price / Sales: 2.93
• Cash Flow: $10.72 per share
• Price / Cash Flow: 10.57
• Book Value: $50.26 per share
• Price / Book: 2.25

Miscellaneous

• Outstanding Shares: 24,430,000
• Free Float: 24,084,000
• Market Cap: $2.77 billion
• Optionable: Optionable
• Beta: 0.45