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

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$53.00 +0.01 (+0.02 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$53.00
Today's Range$52.37 - $53.76
52-Week Range$42.98 - $68.79
Volume74,404 shs
Average Volume103,484 shs
Market Capitalization$1.27 billion
P/E Ratio24.77
Dividend Yield2.58%
Beta0.75
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 Ratio24.77
Forward P/E Ratio17.97
P/E Growth1.79

Sales & Book Value

Annual Sales$462.03 million
Price / Sales2.77
Cash Flow$5.4359 per share
Price / Cash9.75
Book Value$22.94 per share
Price / Book2.31

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$1.27 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 declared a quarterly dividend on Friday, September 21st. Investors of record on Wednesday, October 17th will be paid 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.

How were McGrath RentCorp's earnings last quarter?

McGrath RentCorp (NASDAQ:MGRC) released its earnings results on Tuesday, October, 30th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.11. The financial services provider earned $143.10 million during 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%. McGrath RentCorp's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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 equities research analysts have issued 12-month price objectives for McGrath RentCorp's shares. Their forecasts range from $70.00 to $70.00. On average, they anticipate McGrath RentCorp's stock price to reach $70.00 in the next twelve months. This suggests a possible upside of 32.1% 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 been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. McGrath RentCorp earned a coverage optimism score of 1.6 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future.

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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.03%), Dimensional Fund Advisors LP (7.42%), Brown Advisory Inc. (4.02%), Franklin Resources Inc. (3.72%), Renaissance Technologies LLC (2.79%) and Walthausen & Co. LLC (1.37%). 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 institutional 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 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 institutional 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, Schroder Investment Management Group, Allianz Asset Management GmbH, Citadel Advisors LLC and AQR Capital Management 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 $53.00.

How big of a company is McGrath RentCorp?

McGrath RentCorp has a market capitalization of $1.27 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:  150 (Vote Outperform)
Underperform Votes:  185 (Vote Underperform)
Total Votes:  335
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 11/17/2018 by MarketBeat.com Staff

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