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

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

McGrath RentCorp declared a quarterly dividend on Friday, September 21st. Stockholders of record on Wednesday, October 17th will be given a dividend of $0.34 per share on Wednesday, October 31st. This represents a $1.36 annualized dividend and a dividend yield of 2.60%. The ex-dividend date is Tuesday, October 16th. View McGrath RentCorp's Dividend History.

McGrath RentCorp (NASDAQ:MGRC) announced its quarterly earnings data on Tuesday, October, 30th. The financial services provider reported $1.01 EPS for the quarter, topping the Zacks' consensus estimate of $0.90 by $0.11. The financial services provider had revenue of $143.10 million for the quarter, compared to analysts' expectations of $139.87 million. McGrath RentCorp had a net margin of 35.47% and a return on equity of 12.61%. The company's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.69 earnings per share. View McGrath RentCorp's Earnings History.

McGrath RentCorp is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for McGrath RentCorp.

1 Wall Street analysts have issued 1 year target prices for McGrath RentCorp's stock. Their predictions range from $70.00 to $70.00. On average, they anticipate McGrath RentCorp's stock price to reach $70.00 in the next year. This suggests a possible upside of 33.7% from the stock's current price. View Analyst Price Targets 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.

News stories about MGRC stock have trended somewhat positive this week, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. McGrath RentCorp earned a daily sentiment score of 1.2 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

Some companies that are related to McGrath RentCorp include Air Lease (AL), Aaron's (AAN), Triton International (TRTN), Aircastle (AYR), Exterran (EXTN), Rent-A-Center (RCII), Textainer Group (TGH), CAI International (CAI), General Finance (GFN), MITCHAM INDUSTR/SH (MIND), Quest Resource (QRHC), FlexShopper (FPAY), Aly Energy Services (ALYE) and Black Diamond Group (BDIMF).

McGrath RentCorp's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.03%), Bank of New York Mellon Corp (1.17%), Chartwell Investment Partners LLC (0.86%), Public Employees Retirement Association of Colorado (0.79%), Acadian Asset Management LLC (0.65%) and SG Capital Management LLC (0.43%). Company insiders that own McGrath RentCorp stock include David M Whitney, Dennis P Stradford, Elizabeth A Fetter, John Lieffrig, 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.

MGRC stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., American Century Companies Inc., Wells Fargo & Company MN, Bank of New York Mellon Corp, Bowling Portfolio Management LLC, Chartwell Investment Partners LLC, Meeder Asset Management Inc. and Russell Investments Group Ltd.. Company insiders that have sold McGrath RentCorp company stock in the last year include 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 Insider Buying and Selling for McGrath RentCorp.

MGRC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Public Employees Retirement Association of Colorado, Acadian Asset Management LLC, SG Americas Securities LLC, First Trust Advisors LP, Virginia Retirement Systems ET AL, JPMorgan Chase & Co. and SG Capital Management LLC. View Insider Buying and Selling for 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.

One share of MGRC stock can currently be purchased for approximately $52.37.

McGrath RentCorp has a market capitalization of $1.29 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.

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

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]