McGrath RentCorp Company Profile (NASDAQ:MGRC)

About McGrath RentCorp

McGrath RentCorp logoMcGrath RentCorp is a diversified business-to-business rental company with four rental divisions: relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. The Company operates in 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. The TRS-RenTelco rents and sells electronic test equipment. The Adler Tanks segment offers tanks and boxes used to store hazardous and non-hazardous liquids and solids. Enviroplex manufactures portable classrooms.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Rental & Leasing Services
  • Sub-Industry: Diversified Support Services
  • Exchange: NASDAQ
  • Symbol: MGRC
  • CUSIP: 58058910
Key Metrics:
  • Previous Close: $31.97
  • 50 Day Moving Average: $31.56
  • 200 Day Moving Average: $27.77
  • Trailing P/E Ratio: 19.82
  • Foreward P/E Ratio: 17.47
  • P/E Growth: 1.95
  • Market Cap: $764.02M
  • Outstanding Shares: 23,898,000
  • Beta: 0.99
Additional Links:
Companies Related to McGrath RentCorp:

Analyst Ratings

Consensus Ratings for McGrath RentCorp (NASDAQ:MGRC) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $29.00 (9.29% downside)

Analysts' Ratings History for McGrath RentCorp (NASDAQ:MGRC)
Show:
DateFirmActionRatingPrice TargetDetails
5/4/2016Oppenheimer Holdings Inc.Reiterated RatingHoldView Rating Details
1/8/2016SidotiUpgradeNeutral -> Buy$29.00View Rating Details
(Data available from 8/26/2014 forward)

Earnings

Earnings History for McGrath RentCorp (NASDAQ:MGRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
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$0.35$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$0.52$0.53$114.50 million$113.03 millionViewListenView Earnings Details
7/31/2014Q214$0.38$0.37$91.40 million$95.70 millionViewListenView Earnings Details
4/30/2014Q1$0.36$0.30ViewListenView 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)

Estimates

Earnings Estimates for McGrath RentCorp (NASDAQ:MGRC)
Current Year EPS Consensus Estimate: $1.64 EPS
Next Year EPS Consensus Estimate: $1.83 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.25$0.29$0.27
Q2 20163$0.34$0.36$0.35
Q3 20162$0.51$0.52$0.52
Q4 20162$0.46$0.49$0.48
Q1 20171$0.29$0.29$0.29
Q2 20171$0.39$0.39$0.39
Q3 20171$0.50$0.50$0.50
Q4 20171$0.53$0.53$0.53
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for McGrath RentCorp (NASDAQ:MGRC)
Annual Dividend:$1.02
Dividend Yield:3.19%
Payout Ratio:61.08% (Based on Trailing 12 Months of Earnings)
62.20% (Based on Current Year Consensus EPS Estimate)
55.74% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:2.10% (3 Year Average)

Dividend History for McGrath RentCorp (NASDAQ:MGRC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/9/2016quarterly$0.263.37%7/13/20167/15/20167/29/2016
2/26/2016quarterly$0.264.14%4/13/20164/15/20164/29/2016
12/10/2015quarterly$0.253.83%1/13/20161/15/20161/29/2016
9/21/2015quarterly$0.253.73%10/14/201510/16/201510/30/2015
6/11/2015quarterly$0.253.19%7/15/20157/17/20157/31/2015
2/27/2015quarterly$0.253.13%4/14/20154/16/20154/30/2015
12/10/2014quarterly$0.252.85%1/14/20151/16/20151/30/2015
9/18/2014quarterly$0.252.73%10/15/201410/17/201410/31/2014
6/11/2014quarterly$0.252.81%7/15/20147/17/20147/31/2014
2/28/2014quarterly$0.253.03%4/14/20144/16/20144/30/2014
12/10/2013quarterly$0.242.48%1/15/20141/17/20141/31/2014
10/11/2013quarterly$0.242.72%10/17/201310/21/201310/31/2013
6/12/2013quarterly$0.242.87%7/15/20137/17/20137/31/2013
2/22/2013quarterly$0.243.17%4/12/20134/16/20134/30/2013
12/21/2012quarterly$0.243.24%1/15/20131/17/20131/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for McGrath RentCorp (NASDAQ:MGRC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for McGrath RentCorp (NASDAQ:MGRC)
DateHeadline
mysmartrend.com logoUptrend Call Working As McGrath RentCorp Stock Rises 21.6% (MGRC) (NASDAQ:MGRC)
www.mysmartrend.com - August 25 at 11:14 AM
capitalcube.com logoETF’s with exposure to McGrath RentCorp : August 22, 2016 (NASDAQ:MGRC)
www.capitalcube.com - August 22 at 6:10 PM
mysmartrend.com logoMcGrath RentCorp Up 21.1% Since SmarTrend Uptrend Call (MGRC) (NASDAQ:MGRC)
www.mysmartrend.com - August 19 at 9:11 AM
capitalcube.com logoMcGrath RentCorp :MGRC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NASDAQ:MGRC)
www.capitalcube.com - August 10 at 6:36 PM
finance.yahoo.com logoMCGRATH RENTCORP Financials (NASDAQ:MGRC)
finance.yahoo.com - August 10 at 6:36 PM
fool.com logoMcGrath RentCorp Posts Solid Growth Amid Headwinds (NASDAQ:MGRC)
www.fool.com - August 3 at 1:31 PM
twst.com logoMcGrath RentCorp: McGrath RentCorp Announces Results for Second Quarter 2016 (NASDAQ:MGRC)
www.twst.com - August 3 at 9:30 AM
globenewswire.com logoMcGrath RentCorp Announces Results for Second Quarter 2016 (NASDAQ:MGRC)
globenewswire.com - August 3 at 9:30 AM
seekingalpha.com logoMcGrath RentCorp's (MGRC) CEO Dennis Kakures on Q2 2016 Results - Earnings Call Transcript (NASDAQ:MGRC)
seekingalpha.com - August 3 at 9:30 AM
finance.yahoo.com logoEdited Transcript of MGRC earnings conference call or presentation 2-Aug-16 9:00pm GMT (NASDAQ:MGRC)
finance.yahoo.com - August 3 at 9:30 AM
sg.finance.yahoo.com logoMcGrath posts 2Q profit (NASDAQ:MGRC)
sg.finance.yahoo.com - August 2 at 6:30 PM
biz.yahoo.com logoQ2 2016 McGrath RentCorp Earnings Release - After Market Close (NASDAQ:MGRC)
biz.yahoo.com - August 2 at 10:58 AM
equities.com logoMcGrath RentCorp (MGRC) Hits New 52-week High During July 21 Session (NASDAQ:MGRC)
www.equities.com - July 23 at 5:49 PM
equities.com logoMcGrath RentCorp (MGRC) Hits New 52-week High During July 20 Session (NASDAQ:MGRC)
www.equities.com - July 22 at 6:04 PM
equities.com logoMcGrath RentCorp (MGRC) Hits New 52-week High During July 12 Session (NASDAQ:MGRC)
www.equities.com - July 14 at 9:45 AM
publicnow.com logoMcGrath RentCorp Sets Second Quarter 2016 Financial Results Date and Time (NASDAQ:MGRC)
www.publicnow.com - July 5 at 4:31 PM
fidaily.com logoMcGrath RentCorp (NASDAQ:MGRC) Trading Up – Insiders and Institutional Investors Selling, Short Interest Growing (NASDAQ:MGRC)
www.fidaily.com - June 18 at 5:33 PM
News IconSVP and CAO of McGrath RentCorp (NASDAQ:MGRC), Rose Randle F, sells 3,000 shares worth $90,420 (NASDAQ:MGRC)
empowerednews.net - June 18 at 5:33 PM
finance.yahoo.com logoMcGrath Rentcorp (MGRC): Moving Average Crossover Alert (NASDAQ:MGRC)
finance.yahoo.com - June 14 at 8:16 AM
biz.yahoo.com logoMCGRATH RENTCORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:MGRC)
biz.yahoo.com - June 14 at 6:04 AM
fxpips.com logoServices Sector’s Top Daily Stocks Review (NASDAQ:MGRC)
www.fxpips.com - June 8 at 9:03 AM
publicnow.com logoMcGrath RentCorp Annual Meeting Audio Webcast (NASDAQ:MGRC)
www.publicnow.com - June 6 at 4:28 PM
fidaily.com logoInsiders and Institutional Investors Selling, Short Interest Growing McGrath RentCorp (NASDAQ:MGRC) (NASDAQ:MGRC)
www.fidaily.com - May 27 at 1:36 PM
News IconHawkins Philip B, VP & Division Manager of McGrath RentCorp (NASDAQ:MGRC) sells 1,000 shares (NASDAQ:MGRC)
empowerednews.net - May 27 at 1:36 PM
capitalcube.com logoMcGrath RentCorp :MGRC-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:MGRC)
www.capitalcube.com - May 10 at 12:39 PM
fool.com logoMcGrath RentCorp Grows in Q1 Despite Weakness in Energy (NASDAQ:MGRC)
www.fool.com - May 4 at 12:28 PM
publicnow.com logoMcGrath RentCorp to Present at the Oppenheimer 11th Annual Industrial Growth Conference (NASDAQ:MGRC)
www.publicnow.com - May 4 at 11:20 AM
finance.yahoo.com logoEdited Transcript of MGRC earnings conference call or presentation 3-May-16 9:00pm GMT (NASDAQ:MGRC)
finance.yahoo.com - May 4 at 1:16 AM
publicnow.com logoMcGrath RentCorp Announces Results for First Quarter 2016 (NASDAQ:MGRC)
www.publicnow.com - May 3 at 4:20 PM
biz.yahoo.com logoQ1 2016 McGrath RentCorp Earnings Release - After Market Close (NASDAQ:MGRC)
biz.yahoo.com - May 3 at 7:07 AM
capitalcube.com logoETF’s with exposure to McGrath RentCorp : April 28, 2016 (NASDAQ:MGRC)
www.capitalcube.com - April 28 at 1:31 PM
capitalcube.com logoMcGrath RentCorp breached its 50 day moving average in a Bullish Manner : MGRC-US : April 27, 2016 (NASDAQ:MGRC)
www.capitalcube.com - April 27 at 8:17 AM
publicnow.com logoMcGrath RentCorp Sets First Quarter 2016 Financial Results Date and Time (NASDAQ:MGRC)
www.publicnow.com - April 12 at 4:46 PM
publicnow.com logoMcGrath RentCorp Announces Renewal of $420 Million Financing (NASDAQ:MGRC)
www.publicnow.com - April 5 at 4:47 PM
capitalcube.com logoMcGrath RentCorp breached its 50 day moving average in a Bearish Manner : MGRC-US : March 17, 2016 (NASDAQ:MGRC)
www.capitalcube.com - March 17 at 8:11 AM
capitalcube.com logoMcGrath RentCorp breached its 50 day moving average in a Bearish Manner : MGRC-US : February 29, 2016 (NASDAQ:MGRC)
www.capitalcube.com - February 29 at 8:28 AM
fool.com logoThe Good and Bad of McGrath RentCorp's Earnings (NASDAQ:MGRC)
www.fool.com - February 26 at 3:22 PM
msn.com logoMcGrath's (MGRC) CEO Dennis Kakures on Q4 2015 Results - Earnings Call Transcript (NASDAQ:MGRC)
www.msn.com - February 26 at 9:55 AM
finance.yahoo.com logoEdited Transcript of MGRC earnings conference call or presentation 25-Feb-16 10:00pm GMT (NASDAQ:MGRC)
finance.yahoo.com - February 26 at 12:10 AM
finance.yahoo.com logo4:07 pm McGrath RentCorp misses by $0.03, misses on revs; offers FY16 guidance, increases dividend (NASDAQ:MGRC)
finance.yahoo.com - February 25 at 4:07 PM
biz.yahoo.com logoMCGRATH RENTCORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:MGRC)
biz.yahoo.com - February 25 at 4:02 PM
finance.yahoo.com logoMcGrath RentCorp Announces Results for Fourth Quarter 2015 (NASDAQ:MGRC)
finance.yahoo.com - February 25 at 4:01 PM
biz.yahoo.com logoQ4 2015 McGrath RentCorp Earnings Release - After Market Close (NASDAQ:MGRC)
biz.yahoo.com - February 25 at 7:07 AM
biz.yahoo.com logoMCGRATH RENTCORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Oblig (NASDAQ:MGRC)
biz.yahoo.com - February 11 at 4:26 PM
capitalcube.com logoMcGrath RentCorp – Value Analysis (NASDAQ:MGRC) : February 9, 2016 (NASDAQ:MGRC)
www.capitalcube.com - February 9 at 2:53 PM
capitalcube.com logoMcGrath RentCorp breached its 50 day moving average in a Bullish Manner : February 9, 2016 (NASDAQ:MGRC)
www.capitalcube.com - February 9 at 8:03 AM
finance.yahoo.com logoWhy Rent-A-Center Stock Tumbled after Q4 Earnings Results (NASDAQ:MGRC)
finance.yahoo.com - February 2 at 12:33 PM
noodls.com logoMcGrath RentCorp Sets Fourth Quarter 2015 Financial Results Date and Time (NASDAQ:MGRC)
www.noodls.com - January 21 at 8:15 AM
insidermonkey.com logoDo Hedge Funds Love IntelliPharmaCeutics International Inc. (I)? (NASDAQ:MGRC)
www.insidermonkey.com - December 6 at 4:59 PM
sg.finance.yahoo.com logoMcGrath posts 3Q profit (NASDAQ:MGRC)
sg.finance.yahoo.com - October 29 at 5:13 PM

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McGrath RentCorp (NASDAQ:MGRC) Chart for Friday, August, 26, 2016


Last Updated on 8/26/2016 by MarketBeat.com Staff