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 paid a dividend of $0.34 per share on Wednesday, October 31st. This represents a $1.36 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend is Tuesday, October 16th. View McGrath RentCorp's Dividend History.

McGrath RentCorp (NASDAQ:MGRC) released its quarterly earnings results on Tuesday, October, 30th. The financial services provider reported $1.01 earnings per share (EPS) 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 analyst estimates 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% on a year-over-year basis. During the same period last 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 12-month target prices for McGrath RentCorp's stock. Their predictions 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 37.9% 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 articles about MGRC stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press 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 daily sentiment score of -1.9 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near 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), Black Diamond Group (BDIMF), MITCHAM INDUSTR/SH (MIND), Quest Resource (QRHC), FlexShopper (FPAY) and Aly Energy Services (ALYE).

McGrath RentCorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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.

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.

MGRC stock was bought 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.

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 $50.76.

McGrath RentCorp has a market capitalization of $1.28 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]