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: $30.60
  • 50 Day Moving Average: $31.53
  • 200 Day Moving Average: $29.51
  • 52-Week Range: $21.46 - $33.35
  • Trailing P/E Ratio: 18.21
  • Foreward P/E Ratio: 16.91
  • P/E Growth: 1.95
  • Market Cap: $731.55M
  • Outstanding Shares: 23,907,000
  • Beta: 1.05
  • Net Margins: 11.96%
  • Return on Equity: 12.96%
  • Return on Assets: 4.34%
  • Current Ratio: 0.27%
  • Quick Ratio: 0.27%
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: $40.00 (30.72% upside)

Analysts' Ratings History for McGrath RentCorp (NASDAQ:MGRC)
DateFirmActionRatingPrice TargetDetails
9/14/2016SidotiBoost Price TargetBuy$36.00 -> $40.00View Rating Details
5/4/2016Oppenheimer Holdings Inc.Reiterated RatingHoldView Rating Details
(Data available from 10/21/2014 forward)


Earnings History for McGrath RentCorp (NASDAQ:MGRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016ListenView 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$0.35$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)


Earnings Estimates for McGrath RentCorp (NASDAQ:MGRC)
Current Year EPS Consensus Estimate: $1.62 EPS
Next Year EPS Consensus Estimate: $1.81 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$0.50$0.52$0.51
Q4 20162$0.44$0.46$0.45
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)


Current Dividend Information for McGrath RentCorp (NASDAQ:MGRC)
Annual Dividend:$1.02
Dividend Yield:3.33%
Dividend Growth:2.10% (3 Year Average)
Payout Ratio:61.08% (Based on Trailing 12 Months of Earnings)
62.96% (Based on Current Year Consensus EPS Estimate)
56.35% (Based on Next Year Consensus EPS Estimate)
Track Record:14 Years of Consecutive Dividend Growth

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

Insider Trades

Insider Trading History for McGrath RentCorp (NASDAQ:MGRC)
Insider Ownership Percentage: 5.00%
Institutional Ownership Percentage: 81.64%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for McGrath RentCorp (NASDAQ:MGRC)
DateHeadline logoShares of MGRC Up 21.1% Since Uptrend Call on Shares (NASDAQ:MGRC) - October 11 at 6:24 PM logoMcGrath RentCorp Sets Third Quarter 2016 Financial Results Date and Time (NASDAQ:MGRC) - October 11 at 6:24 PM logoEx-Dividend Reminder: Graco, McGrath RentCorp and IDEX (NASDAQ:MGRC) - October 11 at 11:19 AM logoGeneral Finance: A View From The Perspective Of A Preferred Investor... An Update (NASDAQ:MGRC) - October 6 at 11:39 AM logoMCGRATH RENTCORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:MGRC) - October 5 at 6:01 PM logoMcGrath CEO Will Be On Medical Leave of Absence (NASDAQ:MGRC) - October 5 at 6:01 PM
News IconLowest Forward P/E Ratio in the Diversified Support Services Industry Detected in Shares of Pointer Telocation (PNTR, MATW, MGRC, VVI, MINI) (NASDAQ:MGRC) - September 26 at 10:49 AM logoMcGrath RentCorp breached its 50 day moving average in a Bearish Manner : MGRC-US : September 26, 2016 (NASDAQ:MGRC) - September 26 at 10:49 AM logo21.2% Return Seen to Date on SmarTrend McGrath RentCorp Call (MGRC) (NASDAQ:MGRC) - September 23 at 5:44 PM logoMcGrath RentCorp declares $0.255 dividend (NASDAQ:MGRC) - September 21 at 5:49 PM logoMcGrath RentCorp Declares Quarterly Dividend (NASDAQ:MGRC) - September 21 at 5:49 PM logo21.5% Return Seen to Date on SmarTrend McGrath RentCorp Call (MGRC) (NASDAQ:MGRC) - September 16 at 5:55 PM
News IconShares of Viad Rank the Highest in Terms of Future Earnings Growth in the Diversified Support Services Industry (VVI, PNTR, MINI, HCSG, MGRC) (NASDAQ:MGRC) - September 15 at 4:08 PM logoMcGrath RentCorp – Value Analysis (NASDAQ:MGRC) : September 15, 2016 (NASDAQ:MGRC) - September 15 at 4:08 PM logoMcGrath RentCorp breached its 50 day moving average in a Bearish Manner : MGRC-US : September 14, 2016 (NASDAQ:MGRC) - September 14 at 10:25 AM logoUptrend Call Working As McGrath RentCorp Stock Rises 21.6% (MGRC) (NASDAQ:MGRC) - August 25 at 11:14 AM logoETF’s with exposure to McGrath RentCorp : August 22, 2016 (NASDAQ:MGRC) - August 22 at 6:10 PM logoMcGrath RentCorp Up 21.1% Since SmarTrend Uptrend Call (MGRC) (NASDAQ:MGRC) - August 19 at 9:11 AM logoMcGrath RentCorp :MGRC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NASDAQ:MGRC) - August 10 at 6:36 PM logoMCGRATH RENTCORP Financials (NASDAQ:MGRC) - August 10 at 6:36 PM logoMcGrath RentCorp Posts Solid Growth Amid Headwinds (NASDAQ:MGRC) - August 3 at 1:31 PM logoMcGrath RentCorp: McGrath RentCorp Announces Results for Second Quarter 2016 (NASDAQ:MGRC) - August 3 at 9:30 AM logoMcGrath RentCorp Announces Results for Second Quarter 2016 (NASDAQ:MGRC) - August 3 at 9:30 AM logoMcGrath RentCorp's (MGRC) CEO Dennis Kakures on Q2 2016 Results - Earnings Call Transcript (NASDAQ:MGRC) - August 3 at 9:30 AM logoEdited Transcript of MGRC earnings conference call or presentation 2-Aug-16 9:00pm GMT (NASDAQ:MGRC) - August 3 at 9:30 AM logoMcGrath posts 2Q profit (NASDAQ:MGRC) - August 2 at 6:30 PM logoQ2 2016 McGrath RentCorp Earnings Release - After Market Close (NASDAQ:MGRC) - August 2 at 10:58 AM logoMcGrath RentCorp (MGRC) Hits New 52-week High During July 21 Session (NASDAQ:MGRC) - July 23 at 5:49 PM logoMcGrath RentCorp (MGRC) Hits New 52-week High During July 20 Session (NASDAQ:MGRC) - July 22 at 6:04 PM logoMcGrath RentCorp (MGRC) Hits New 52-week High During July 12 Session (NASDAQ:MGRC) - July 14 at 9:45 AM logoMcGrath RentCorp Sets Second Quarter 2016 Financial Results Date and Time (NASDAQ:MGRC) - July 5 at 4:31 PM logoMcGrath RentCorp (NASDAQ:MGRC) Trading Up – Insiders and Institutional Investors Selling, Short Interest Growing (NASDAQ:MGRC) - 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) - June 18 at 5:33 PM logoMcGrath Rentcorp (MGRC): Moving Average Crossover Alert (NASDAQ:MGRC) - June 14 at 8:16 AM logoMCGRATH RENTCORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:MGRC) - June 14 at 6:04 AM logoServices Sector’s Top Daily Stocks Review (NASDAQ:MGRC) - June 8 at 9:03 AM logoMcGrath RentCorp Annual Meeting Audio Webcast (NASDAQ:MGRC) - June 6 at 4:28 PM logoInsiders and Institutional Investors Selling, Short Interest Growing McGrath RentCorp (NASDAQ:MGRC) (NASDAQ:MGRC) - May 27 at 1:36 PM
News IconHawkins Philip B, VP & Division Manager of McGrath RentCorp (NASDAQ:MGRC) sells 1,000 shares (NASDAQ:MGRC) - May 27 at 1:36 PM logoMcGrath RentCorp :MGRC-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:MGRC) - May 10 at 12:39 PM logoMcGrath RentCorp Grows in Q1 Despite Weakness in Energy (NASDAQ:MGRC) - May 4 at 12:28 PM logoMcGrath RentCorp to Present at the Oppenheimer 11th Annual Industrial Growth Conference (NASDAQ:MGRC) - May 4 at 11:20 AM logoEdited Transcript of MGRC earnings conference call or presentation 3-May-16 9:00pm GMT (NASDAQ:MGRC) - May 4 at 1:16 AM logoMcGrath RentCorp Announces Results for First Quarter 2016 (NASDAQ:MGRC) - May 3 at 4:20 PM logoQ1 2016 McGrath RentCorp Earnings Release - After Market Close (NASDAQ:MGRC) - May 3 at 7:07 AM logoETF’s with exposure to McGrath RentCorp : April 28, 2016 (NASDAQ:MGRC) - April 28 at 1:31 PM logoMcGrath RentCorp breached its 50 day moving average in a Bullish Manner : MGRC-US : April 27, 2016 (NASDAQ:MGRC) - April 27 at 8:17 AM logoMcGrath RentCorp Sets First Quarter 2016 Financial Results Date and Time (NASDAQ:MGRC) - April 12 at 4:46 PM logoMcGrath RentCorp Announces Renewal of $420 Million Financing (NASDAQ:MGRC) - April 5 at 4:47 PM logoMcGrath RentCorp breached its 50 day moving average in a Bearish Manner : MGRC-US : March 17, 2016 (NASDAQ:MGRC) - March 17 at 8:11 AM


McGrath RentCorp (NASDAQ:MGRC) Chart for Friday, October, 21, 2016

Last Updated on 10/21/2016 by Staff