S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
NASDAQ:MGRC

McGrath RentCorp Stock Forecast, Price & News

$77.34
-0.85 (-1.09%)
(As of 01/18/2022 12:00 AM ET)
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Today's Range
$76.57
$78.09
50-Day Range
$74.27
$81.82
52-Week Range
$67.08
$87.53
Volume
59,595 shs
Average Volume
60,672 shs
Market Capitalization
$1.88 billion
P/E Ratio
20.51
Dividend Yield
2.23%
Beta
0.85
30 days | 90 days | 365 days | Advanced Chart
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McGrath RentCorp logo

About McGrath RentCorp

McGrath RentCorp engages in the provision of business-to-business rental services. It operates through the following segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. The Mobile Modular segment operates for its modular building and portable storage. The TRS-RenTelco segment includes operations for its electronic test equipment. The Adler Tanks segment operates for its containment solutions for the storage of hazardous and non-hazardous liquids and solids. The Enviroplex segment operates for its classroom manufacturing business selling modular buildings used primarily as classrooms in California. The company was founded by Robert P. McGrath in 1979 and is headquartered in Livermore, CA.

Headlines

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Industry, Sector and Symbol

Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
Diversified Support Services
Sector
Finance
Current Symbol
NASDAQ:MGRC
CUSIP
58058910
Employees
1,061
Year Founded
N/A

Sales & Book Value

Annual Sales
$572.55 million
Cash Flow
$8.06 per share
Book Value
$28.31 per share

Profitability

Net Income
$101.98 million
Pretax Margin
20.57%

Debt

Price-To-Earnings

Miscellaneous

Free Float
23,762,000
Market Cap
$1.88 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 10/29 Dividend
10/14/2021
Last Earnings
10/28/2021
Dividend Payable
10/29/2021
Ex-Dividend for 1/31 Dividend
1/14/2022
Today
1/19/2022
Dividend Payable
1/31/2022
Next Earnings (Estimated)
2/22/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.12 out of 5 stars

Finance Sector

569th out of 1,349 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

13th out of 19 stocks

Analyst Opinion: 0.0Community Rank: 4.1Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












McGrath RentCorp (NASDAQ:MGRC) Frequently Asked Questions

How has McGrath RentCorp's stock price been impacted by COVID-19 (Coronavirus)?

McGrath RentCorp's stock was trading at $53.12 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MGRC shares have increased by 45.6% and is now trading at $77.34.
View which stocks have been most impacted by COVID-19
.

Are investors shorting McGrath RentCorp?

McGrath RentCorp saw a decrease in short interest in December. As of December 31st, there was short interest totaling 142,000 shares, a decrease of 39.2% from the December 15th total of 233,400 shares. Based on an average daily trading volume, of 80,300 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.6% of the shares of the company are short sold.
View McGrath RentCorp's Short Interest
.

When is McGrath RentCorp's next earnings date?

McGrath RentCorp is scheduled to release its next quarterly earnings announcement on Tuesday, February 22nd 2022.
View our earnings forecast for McGrath RentCorp
.

How were McGrath RentCorp's earnings last quarter?

McGrath RentCorp (NASDAQ:MGRC) posted its quarterly earnings data on Thursday, October, 28th. The financial services provider reported $0.95 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.15 by $0.20. The financial services provider had revenue of $173.29 million for the quarter, compared to analysts' expectations of $177.61 million. McGrath RentCorp had a net margin of 15.67% and a trailing twelve-month return on equity of 13.30%. McGrath RentCorp's revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.15 EPS.
View McGrath RentCorp's earnings history
.

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

McGrath RentCorp announced a quarterly dividend on Thursday, December 9th. Investors of record on Monday, January 17th will be paid a dividend of $0.435 per share on Monday, January 31st. This represents a $1.74 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend is Friday, January 14th.
View McGrath RentCorp's dividend history
.

Is McGrath RentCorp a good dividend stock?

McGrath RentCorp pays an annual dividend of $1.74 per share and currently has a dividend yield of 2.23%. McGrath RentCorp has been increasing its dividend for 30 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of McGrath RentCorp is 46.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, McGrath RentCorp will have a dividend payout ratio of 48.07% next year. This indicates that McGrath RentCorp will be able to sustain or increase its dividend.
View McGrath RentCorp's dividend history.

What guidance has McGrath RentCorp issued on next quarter's earnings?

McGrath RentCorp updated its FY 2021 earnings guidance on Thursday, November, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $618 million-$628 million, compared to the consensus revenue estimate of $620.96 million.

Who are McGrath RentCorp's key executives?

McGrath RentCorp's management team includes the following people:
  • Joseph F. Hanna, President, Chief Executive Officer & Director
  • Keith E. Pratt, Chief Financial Officer & Executive Vice President
  • Kristina van Trease-Whitney, VP & Division Manager-Adler Tank Rentals
  • John P. Skenesky, Vice President & Division Manager-TRS RenTelco
  • David M. Whitney, Chief Accounting Officer, VP & Controller

What is Joseph F. Hanna's approval rating as McGrath RentCorp's CEO?

7 employees have rated McGrath RentCorp CEO Joseph F. Hanna on Glassdoor.com. Joseph F. Hanna has an approval rating of 100% among McGrath RentCorp's employees. This puts Joseph F. Hanna in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of McGrath RentCorp's key competitors?

What other stocks do shareholders of McGrath RentCorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other McGrath RentCorp investors own include Home Depot (HD), AbbVie (ABBV), NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), S&P Global (SPGI), AT&T (T), Intel (INTC), NextEra Energy (NEE) and Fortinet (FTNT).

What is McGrath RentCorp's stock symbol?

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

Who are McGrath RentCorp's major shareholders?

McGrath RentCorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include FourThought Financial LLC (0.03%) and Norman Fields Gottscho Capital Management LLC (0.02%). Company insiders that own McGrath RentCorp stock include David M Whitney, Elizabeth A Fetter, John Lieffrig, John P Skenesky, Kay Dashner, Keith E Pratt, Ronald H Zech and Trease Kristina Van.
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 Norman Fields Gottscho Capital Management LLC. Company insiders that have sold McGrath RentCorp company stock in the last year include Elizabeth A Fetter, John Lieffrig, and Kay Dashner.
View insider buying and selling activity for McGrath RentCorp
or view top insider-selling stocks.

Which institutional investors are buying McGrath RentCorp stock?

MGRC stock was purchased by a variety of institutional investors in the last quarter, including FourThought Financial LLC.
View insider buying and selling activity for McGrath RentCorp
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is McGrath RentCorp's stock price today?

One share of MGRC stock can currently be purchased for approximately $77.34.

How much money does McGrath RentCorp make?

McGrath RentCorp has a market capitalization of $1.88 billion and generates $572.55 million in revenue each year. The financial services provider earns $101.98 million in net income (profit) each year or $3.77 on an earnings per share basis.

How many employees does McGrath RentCorp have?

McGrath RentCorp employs 1,061 workers across the globe.

What is McGrath RentCorp's official website?

The official website for McGrath RentCorp is www.mgrc.com.

Where are McGrath RentCorp's headquarters?

McGrath RentCorp is headquartered at 5700 LAS POSITAS RD, LIVERMORE CA, 94551.

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, via email at i[email protected], or via fax at 925-453-3200.


This page was last updated on 1/19/2022 by MarketBeat.com Staff

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