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

$66.10
+1.08 (+1.66 %)
(As of 08/18/2019 05:32 AM ET)
Today's Range
$65.44
Now: $66.10
$66.36
50-Day Range
$61.44
MA: $64.57
$68.78
52-Week Range
$45.85
Now: $66.10
$70.88
Volume62,700 shs
Average Volume102,110 shs
Market Capitalization$1.60 billion
P/E Ratio21.12
Dividend Yield2.31%
Beta0.79
McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. The company operates in four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$498.33 million
Cash Flow$6.67 per share
Book Value$24.42 per share

Profitability

Net Income$79.41 million

Miscellaneous

Employees1,066
Market Cap$1.60 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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 Wednesday, June 5th. Stockholders of record on Wednesday, July 17th will be paid a dividend of $0.375 per share on Wednesday, July 31st. This represents a $1.50 annualized dividend and a dividend yield of 2.27%. The ex-dividend date is Tuesday, July 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, July, 30th. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate 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 net margin of 16.54% and a return on equity of 15.13%. The firm's revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.65 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, October 29th 2019. View Earnings Estimates for McGrath RentCorp.

What price target have analysts set for MGRC?

2 Wall Street analysts have issued 12-month price targets for McGrath RentCorp's shares. Their forecasts range from $70.00 to $83.00. On average, they expect McGrath RentCorp's stock price to reach $76.50 in the next year. This suggests a possible upside of 15.7% from the stock's current price. View Analyst Price Targets for McGrath RentCorp.

What is the consensus analysts' recommendation for McGrath RentCorp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McGrath RentCorp in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for McGrath RentCorp.

Has McGrath RentCorp been receiving favorable news coverage?

News headlines about MGRC stock have trended negative on Sunday, according to InfoTrie. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 -2.3 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for McGrath RentCorp.

Who are some of McGrath RentCorp's key competitors?

What other stocks do shareholders of McGrath RentCorp own?

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).

Who are McGrath RentCorp's key executives?

McGrath RentCorp's management team includes the folowing people:
  • Mr. Joseph F. Hanna, Pres, CEO & Director (Age 56)
  • Mr. Keith E. Pratt, Exec. VP & CFO (Age 56)
  • Mr. Philip B. Hawkins, VP & Division Mang. of Mobile Modular (Age 43)
  • Ms. Kristina Van Trease-Whitney, VP & Division Mang. of Adler Tank Rentals, LLC (Age 49)
  • Mr. John P. Skenesky, VP & Division Mang. of TRS-RenTelco (Age 52)

Who are McGrath RentCorp's major shareholders?

McGrath RentCorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.25%), BlackRock Inc. (9.28%), Price T Rowe Associates Inc. MD (5.09%), Brown Advisory Inc. (2.68%), Renaissance Technologies LLC (2.28%) and Northern Trust Corp (2.25%). Company insiders that own McGrath RentCorp stock include David M Whitney, 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 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 Vanguard Group Inc., First Trust Advisors LP, RK Capital Management LLC, Price T Rowe Associates Inc. MD, Renaissance Technologies LLC, Morgan Stanley, Bogle Investment Management L P DE and Mackenzie Financial Corp. 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, Keith E Pratt, Philip B Hawkins and Trease Kristina Van. 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 Nuveen Asset Management LLC, Allianz Asset Management GmbH, BlackRock Inc., SG Capital Management LLC, Public Employees Retirement Association of Colorado, Silvercrest Asset Management Group LLC, Skandinaviska Enskilda Banken AB publ and Monarch Partners Asset 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 $66.10.

How big of a company is McGrath RentCorp?

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.

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:  2.3 out of 5 (star star)
Outperform Votes:  190 (Vote Outperform)
Underperform Votes:  225 (Vote Underperform)
Total Votes:  415
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 8/18/2019 by MarketBeat.com Staff

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