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

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$52.49 +0.77 (+1.49 %)
(As of 12/12/2018 06:00 AM ET)
Previous Close$51.72
Today's Range$51.72 - $53.08
52-Week Range$42.98 - $68.79
Volume86,616 shs
Average Volume121,850 shs
Market Capitalization$1.26 billion
P/E Ratio24.53
Dividend Yield2.61%
Beta0.72
McGrath RentCorp, a business to business rental company, rents and sells relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes in the United States and internationally. It operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes; and portable storage containers. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily to aerospace, defense, electronics, industrial, research, and semiconductor industries. This segment also provides communications test equipment comprising network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Adler Tanks segment rents fixed axle steel tanks for storing groundwater, wastewater, volatile organic liquids, sewage, slurry and bio sludge, oil and water mixtures, and chemicals; vacuum containers for sludge and solid materials; dewatering boxes for the separation of water contained in sludge and slurry; and roll-off and trash boxes for temporary storage and transportation of solid waste. The Enviroplex segment manufactures and sells modular and portable classrooms directly to public school districts and other educational institutions in California. McGrath RentCorp was founded in 1979 and is headquartered in Livermore, California.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio0.34
Quick Ratio0.34

Price-To-Earnings

Trailing P/E Ratio24.53
Forward P/E Ratio17.79
P/E Growth1.77

Sales & Book Value

Annual Sales$462.03 million
Price / Sales2.75
Cash Flow$5.4394 per share
Price / Cash Flow9.65
Book Value$21.81 per share
Price / Book2.41

Profitability

EPS (Most Recent Fiscal Year)$2.14
Net Income$153.92 million
Net Margins35.47%
Return on Equity12.61%
Return on Assets5.79%

Miscellaneous

Employees1,073
Outstanding Shares24,180,000
Market Cap$1.26 billion
OptionableOptionable

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 announced a quarterly dividend on Thursday, December 6th. Stockholders of record on Thursday, January 17th will be given a dividend of $0.34 per share on Thursday, January 31st. This represents a $1.36 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend is Wednesday, January 16th. View McGrath RentCorp's Dividend History.

How were McGrath RentCorp's earnings last quarter?

McGrath RentCorp (NASDAQ:MGRC) posted its earnings results on Tuesday, October, 30th. The financial services provider reported $1.01 EPS for the quarter, beating the Thomson Reuters' 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 business's revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 EPS. 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 26th 2019. 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 $70.00 to $70.00. On average, they anticipate McGrath RentCorp's share price to reach $70.00 in the next year. This suggests a possible upside of 33.4% 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?

Press coverage about MGRC stock has trended positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of 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 2.6 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the company's share price in the near term.

Who are some of McGrath RentCorp's key competitors?

Who are McGrath RentCorp's key executives?

McGrath RentCorp's management team includes the folowing people:
  • Mr. Joseph F. Hanna, Pres, CEO & Director (Age 55)
  • Mr. Keith E. Pratt, Exec. VP & CFO (Age 55)
  • Mr. Philip B. Hawkins, VP & Division Mang. of Mobile Modular (Age 42)
  • Ms. Kristina Van Trease-Whitney, VP & Division Mang. of Adler Tank Rentals, LLC (Age 48)
  • Mr. John P. Skenesky, VP & Division Mang. of TRS-RenTelco (Age 51)

Who are McGrath RentCorp's major shareholders?

McGrath RentCorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.18%), BlackRock Inc. (10.03%), Dimensional Fund Advisors LP (7.42%), Brown Advisory Inc. (4.02%), Franklin Resources Inc. (3.72%) and Renaissance Technologies LLC (2.79%). 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.

Which major investors are selling McGrath RentCorp stock?

MGRC stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Brown Advisory Inc., Prudential Financial Inc., Bridgeway Capital Management Inc., American Century Companies Inc., Hsbc Holdings PLC, Renaissance Technologies LLC and Wells Fargo & Company MN. Company insiders that have sold McGrath RentCorp company stock in the last year include 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 Insider Buying and Selling for McGrath RentCorp.

Which major investors are buying McGrath RentCorp stock?

MGRC stock was acquired by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, BlackRock Inc., Matarin Capital Management LLC, RK Capital Management LLC, Marshall Wace LLP, Schroder Investment Management Group, Allianz Asset Management GmbH and Citadel Advisors 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, Scottrade, Fidelity and Charles Schwab.

What is McGrath RentCorp's stock price today?

One share of MGRC stock can currently be purchased for approximately $52.49.

How big of a company is McGrath RentCorp?

McGrath RentCorp has a market capitalization of $1.26 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.

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:  2.2 out of 5 (star star)
Outperform Votes:  151 (Vote Outperform)
Underperform Votes:  185 (Vote Underperform)
Total Votes:  336
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 12/12/2018 by MarketBeat.com Staff

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