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

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

McGrath RentCorp announced a quarterly dividend on Thursday, September 19th. Shareholders 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 2.28%. The ex-dividend date is Wednesday, October 16th. View McGrath RentCorp's Dividend History.

McGrath RentCorp (NASDAQ:MGRC) issued its earnings results on Tuesday, July, 30th. The financial services provider reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.06. The financial services provider earned $127.40 million during the quarter, compared to the consensus estimate of $123.45 million. McGrath RentCorp had a return on equity of 15.13% and a net margin of 16.54%. The firm's revenue for the quarter was up 8.9% on a year-over-year basis. During the same period last year, the firm earned $0.65 EPS. View McGrath RentCorp's Earnings History.

McGrath RentCorp is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for McGrath RentCorp.

McGrath RentCorp will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

1 brokerages have issued 12-month price targets for McGrath RentCorp's shares. Their predictions range from $86.00 to $86.00. On average, they anticipate McGrath RentCorp's share price to reach $86.00 in the next year. This suggests a possible upside of 30.7% 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.

Media coverage about MGRC stock has trended negative recently, InfoTrie reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. 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 news impact score of -2.6 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 stock's share price in the near term. View News Stories for McGrath RentCorp.

McGrath RentCorp saw a decline in short interest in September. As of September 30th, there was short interest totalling 481,600 shares, a decline of 6.6% from the August 30th total of 515,600 shares. Based on an average daily trading volume, of 92,800 shares, the days-to-cover ratio is currently 5.2 days. Currently, 2.0% of the company's shares are short sold. View McGrath RentCorp's Current Options Chain.

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

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).

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.

One share of MGRC stock can currently be purchased for approximately $65.80.

McGrath RentCorp has a market capitalization of $1.60 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.

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]