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McGrath RentCorp Stock Price, Forecast & Analysis (NASDAQ:MGRC)

$75.11
+2.10 (+2.88 %)
(As of 11/20/2019 08:00 AM ET)
Today's Range
$73.39
Now: $75.11
$75.16
50-Day Range
$65.21
MA: $70.33
$79.18
52-Week Range
$48.20
Now: $75.11
$80.47
Volume149,100 shs
Average Volume131,500 shs
Market Capitalization$1.82 billion
P/E Ratio24.00
Dividend Yield2.05%
Beta0.79
McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. The company operates in four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$498.33 million
Cash Flow$6.74 per share
Book Value$23.64 per share

Profitability

Net Income$79.41 million

Miscellaneous

Employees1,066
Market Cap$1.82 billion
Next Earnings Date2/25/2020 (Estimated)
OptionableOptionable

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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 Thursday, September 19th. Stockholders of record on Thursday, October 17th will be given a dividend of $0.375 per share on Thursday, October 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend is Wednesday, October 16th. View McGrath RentCorp's Dividend History.

How were McGrath RentCorp's earnings last quarter?

McGrath RentCorp (NASDAQ:MGRC) issued its quarterly earnings data on Tuesday, October, 29th. The financial services provider reported $1.32 EPS for the quarter, beating the consensus estimate of $1.02 by $0.30. The financial services provider earned $173.60 million during the quarter, compared to the consensus estimate of $150.77 million. McGrath RentCorp had a return on equity of 16.03% and a net margin of 17.02%. The company's revenue for the quarter was up 21.3% on a year-over-year basis. During the same period last year, the company posted $1.01 earnings per share. 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, February 25th 2020. View Earnings Estimates for McGrath RentCorp.

What price target have analysts set for MGRC?

1 Wall Street analysts have issued 1-year target prices for McGrath RentCorp's stock. Their forecasts range from $86.00 to $86.00. On average, they expect McGrath RentCorp's share price to reach $86.00 in the next twelve months. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets for McGrath RentCorp.

What is the consensus analysts' recommendation for McGrath RentCorp?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McGrath RentCorp in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for McGrath RentCorp.

Has McGrath RentCorp been receiving favorable news coverage?

Media stories about MGRC stock have trended very positive recently, InfoTrie reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. McGrath RentCorp earned a news sentiment score of 3.6 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for McGrath RentCorp.

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 Boeing (BA), Lululemon Athletica (LULU), Micron Technology (MU), NVIDIA (NVDA), Viper Energy Partners (VNOM), ConocoPhillips (COP), Home Depot (HD), Medifast (MED), Paypal (PYPL) and UnitedHealth Group (UNH).

Who are McGrath RentCorp's key executives?

McGrath RentCorp's management team includes the folowing people:
  • Mr. Joseph F. Hanna, Pres, CEO & Director (Age 56)
  • Mr. Keith E. Pratt, Exec. VP & CFO (Age 56)
  • Mr. Philip B. Hawkins, VP & Division Mang. of Mobile Modular (Age 43)
  • Ms. Kristina Van Trease-Whitney, VP & Division Mang. of Adler Tank Rentals, LLC (Age 49)
  • Mr. John P. Skenesky, VP & Division Mang. of TRS-RenTelco (Age 52)

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 SG Capital Management LLC (1.50%), Public Employees Retirement Association of Colorado (1.24%), Chartwell Investment Partners LLC (0.71%), Monarch Partners Asset Management LLC (0.44%), Gabelli Funds LLC (0.29%) and Rhumbline Advisers (0.23%). Company insiders that own McGrath RentCorp stock include David M Whitney, Dennis P Stradford, Elizabeth A Fetter, John Lieffrig, John P Skenesky, Kay Dashner, Keith E Pratt, Philip B Hawkins, 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 Monarch Partners Asset Management LLC, Chartwell Investment Partners LLC, Gabelli Funds LLC, Navellier & Associates Inc, Gamco Investors INC. ET AL, Strs Ohio, Virginia Retirement Systems ET AL and D.A. Davidson & CO.. Company insiders that have sold McGrath RentCorp company stock in the last year include David M Whitney, Dennis P Stradford, Elizabeth A Fetter, John P Skenesky, Keith E Pratt, Philip B Hawkins and Trease Kristina Van. View Insider Buying and Selling for McGrath RentCorp.

Which institutional investors are buying McGrath RentCorp stock?

MGRC stock was bought by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Mackay Shields LLC, Public Employees Retirement Association of Colorado, SG Americas Securities LLC, California Public Employees Retirement System, Campbell & CO Investment Adviser LLC, Boston Advisors LLC and Wellington Shields & Co. 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, Robinhood, Fidelity and Charles Schwab.

What is McGrath RentCorp's stock price today?

One share of MGRC stock can currently be purchased for approximately $75.11.

How big of a company is McGrath RentCorp?

McGrath RentCorp has a market capitalization of $1.82 billion and generates $498.33 million in revenue each year. The financial services provider earns $79.41 million in net income (profit) each year or $3.13 on an earnings per share basis. McGrath RentCorp employs 1,066 workers across the globe.View Additional Information About McGrath RentCorp.

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:  2.3 out of 5 (star star)
Outperform Votes:  209 (Vote Outperform)
Underperform Votes:  241 (Vote Underperform)
Total Votes:  450
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 11/20/2019 by MarketBeat.com Staff

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