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

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

McGrath RentCorp announced a quarterly dividend on Friday, September 21st. Shareholders 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 yield of 2.57%. The ex-dividend date is Tuesday, October 16th. View McGrath RentCorp's Dividend History.

McGrath RentCorp (NASDAQ:MGRC) posted its quarterly earnings data on Tuesday, October, 30th. The financial services provider reported $1.01 earnings per share for the quarter, topping analysts' consensus estimates of $0.90 by $0.11. The financial services provider had revenue of $143.10 million for the quarter, compared to the consensus estimate 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 EPS. 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 brokerages have issued 1-year price targets for McGrath RentCorp's shares. Their forecasts range from $70.00 to $70.00. On average, they expect McGrath RentCorp's share price to reach $70.00 in the next twelve months. This suggests a possible upside of 32.3% 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.

Headlines about MGRC stock have been trending positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. McGrath RentCorp earned a media sentiment score of 2.2 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.

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 a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.03%), Dimensional Fund Advisors LP (7.42%), Brown Advisory Inc. (4.02%), Walthausen & Co. LLC (1.37%), Bank of New York Mellon Corp (1.17%) and RK Capital Management LLC (0.91%). 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 Brown Advisory Inc., Prudential Financial Inc., Bridgeway Capital Management Inc., American Century Companies Inc., Wells Fargo & Company MN, Bank of New York Mellon Corp, Credit Suisse AG and Dimensional Fund Advisors LP. 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 bought by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, BlackRock Inc., RK Capital Management LLC, Schroder Investment Management Group, Public Employees Retirement Association of Colorado, Acadian Asset Management LLC, SG Americas Securities LLC and First Trust Advisors LP. 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 $52.93.

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]