NASDAQ:MGRC - McGrath RentCorp Stock Price, News, & Analysis

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$49.24 -1.45 (-2.86 %)
(As of 10/18/2018 04:00 PM ET)
Previous Close$50.69
Today's Range$49.23 - $50.68
52-Week Range$42.98 - $68.79
Volume68,000 shs
Average Volume124,351 shs
Market Capitalization$1.32 billion
P/E Ratio23.12
Dividend Yield2.67%
Beta0.79
McGrath RentCorp, a business to business rental company, rents and sells relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes in the United States and internationally. It 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, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes; and portable storage containers. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily to aerospace, defense, electronics, industrial, research, and semiconductor industries. This segment also provides communications test equipment comprising network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Adler Tanks segment rents fixed axle steel tanks for storing groundwater, wastewater, volatile organic liquids, sewage, slurry and bio sludge, oil and water mixtures, and chemicals; vacuum containers for sludge and solid materials; dewatering boxes for the separation of water contained in sludge and slurry; and roll-off and trash boxes for temporary storage and transportation of solid waste. The Enviroplex segment manufactures and sells modular and portable classrooms directly to public school districts and other educational institutions in California. McGrath RentCorp was founded in 1979 and is headquartered in Livermore, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryDiversified Support Services
SectorFinance
SymbolNASDAQ:MGRC
CUSIP58058910
Phone925-606-9200

Debt

Debt-to-Equity RatioN/A
Current Ratio0.33
Quick Ratio0.33

Price-To-Earnings

Trailing P/E Ratio23.12
Forward P/E Ratio18.04
P/E Growth2

Sales & Book Value

Annual Sales$462.03 million
Price / Sales2.58
Cash Flow$4.8849 per share
Price / Cash10.08
Book Value$21.81 per share
Price / Book2.26

Profitability

EPS (Most Recent Fiscal Year)$2.14
Net Income$153.92 million
Net Margins34.37%
Return on Equity11.91%
Return on Assets5.15%

Miscellaneous

Employees1,073
Outstanding Shares24,170,000
Market Cap$1.32 billion

McGrath RentCorp (NASDAQ:MGRC) Frequently Asked Questions

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 declared a quarterly dividend on Friday, September 21st. Investors of record on Wednesday, October 17th will be paid a dividend of $0.34 per share on Wednesday, October 31st. This represents a $1.36 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date is Tuesday, October 16th. View McGrath RentCorp's Dividend History.

How were McGrath RentCorp's earnings last quarter?

McGrath RentCorp (NASDAQ:MGRC) posted its earnings results on Tuesday, July, 31st. The financial services provider reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.01. The financial services provider earned $117 million during the quarter, compared to analysts' expectations of $112.69 million. McGrath RentCorp had a net margin of 34.37% and a return on equity of 11.91%. The company's revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.48 EPS. View McGrath RentCorp's Earnings History.

When is McGrath RentCorp's next earnings date?

McGrath RentCorp is scheduled to release their next quarterly earnings announcement on Tuesday, October 30th 2018. View Earnings Estimates for McGrath RentCorp.

How can I listen to McGrath RentCorp's earnings call?

McGrath RentCorp will be holding an earnings conference call on Tuesday, October 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8447070666.

What price target have analysts set for MGRC?

2 brokerages have issued 12 month price objectives for McGrath RentCorp's shares. Their forecasts range from $70.00 to $70.00. On average, they expect McGrath RentCorp's share price to reach $70.00 in the next twelve months. This suggests a possible upside of 42.2% from the stock's current price. View Analyst Price Targets for McGrath RentCorp.

What is the consensus analysts' recommendation for McGrath RentCorp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McGrath RentCorp in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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:
  • Mr. Joseph F. Hanna, Pres, CEO & Director (Age 55)
  • Mr. Keith E. Pratt, Exec. VP & CFO (Age 55)
  • Mr. Philip B. Hawkins, VP & Division Mang. of Mobile Modular (Age 42)
  • Ms. Kristina Van Trease-Whitney, VP & Division Mang. of Adler Tank Rentals, LLC (Age 48)
  • Mr. John P. Skenesky, VP & Division Mang. of TRS-RenTelco (Age 51)

Who are McGrath RentCorp's major shareholders?

McGrath RentCorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bowling Portfolio Management LLC (0.12%), Ramsey Quantitative Systems (0.04%) and ELM Advisors LLC (0.01%). Company insiders that own McGrath RentCorp stock include David M Whitney, Dennis P Stradford, Elizabeth A Fetter, John P Skenesky, Joseph F Hanna, Kay Dashner, Keith E Pratt, Philip B Hawkins, Randle F Rose, Ronald H Zech, Trease Kristina Van and William J Dawson. View Institutional Ownership Trends for McGrath RentCorp.

Which institutional investors are selling McGrath RentCorp stock?

MGRC stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC. Company insiders that have sold McGrath RentCorp company stock in the last year include Dennis P Stradford, Elizabeth A Fetter, John P Skenesky, Kay Dashner, Keith E Pratt, Philip B Hawkins, Ronald H Zech, Trease Kristina Van and William J Dawson. View Insider Buying and Selling for McGrath RentCorp.

Which institutional investors are buying McGrath RentCorp stock?

MGRC stock was acquired by a variety of institutional investors in the last quarter, including Ramsey Quantitative Systems and ELM Advisors LLC. View Insider Buying and Selling for McGrath RentCorp.

How do I buy shares of McGrath RentCorp?

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

What is McGrath RentCorp's stock price today?

One share of MGRC stock can currently be purchased for approximately $49.24.

How big of a company is McGrath RentCorp?

McGrath RentCorp has a market capitalization of $1.32 billion and generates $462.03 million in revenue each year. The financial services provider earns $153.92 million in net income (profit) each year or $2.14 on an earnings per share basis. McGrath RentCorp employs 1,073 workers across the globe.

What is McGrath RentCorp's official website?

The official website for McGrath RentCorp is http://www.mgrc.com.

How can I contact McGrath RentCorp?

McGrath RentCorp's mailing address is 5700 LAS POSITAS RD, LIVERMORE CA, 94551. The financial services provider can be reached via phone at 925-606-9200 or via email at [email protected]


MarketBeat Community Rating for McGrath RentCorp (NASDAQ MGRC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  148 (Vote Outperform)
Underperform Votes:  181 (Vote Underperform)
Total Votes:  329
MarketBeat's community ratings are surveys of what our community members think about McGrath RentCorp and other stocks. Vote "Outperform" if you believe MGRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGRC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/18/2018 by MarketBeat.com Staff

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