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

$81.49
+0.53 (+0.65 %)
(As of 02/17/2020 10:07 AM ET)
Today's Range
$80.40
Now: $81.49
$81.84
50-Day Range
$76.49
MA: $78.42
$83.13
52-Week Range
$50.72
Now: $81.49
$83.95
Volume81,747 shs
Average Volume105,800 shs
Market Capitalization$1.98 billion
P/E Ratio21.17
Dividend Yield1.84%
Beta0.7
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$6.57 per share
Book Value$23.64 per share

Profitability

Net Income$79.41 million

Miscellaneous

Employees1,066
Market Cap$1.98 billion
Next Earnings Date2/25/2020 (Confirmed)
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 declared a quarterly dividend on Friday, December 6th. Investors of record on Tuesday, December 17th will be paid a dividend of $0.375 per share on Friday, January 31st. This represents a $1.50 annualized dividend and a dividend yield of 1.84%. The ex-dividend date is Monday, December 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, 29th. The financial services provider reported $1.32 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.30. The financial services provider earned $173.60 million during the quarter, compared to analysts' expectations of $150.77 million. McGrath RentCorp had a net margin of 17.02% and a return on equity of 16.03%. The firm's quarterly revenue was up 21.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.01 earnings per share. 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 25th 2020. View Earnings Estimates for McGrath RentCorp.

How can I listen to McGrath RentCorp's earnings call?

McGrath RentCorp will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for MGRC?

1 analysts have issued 1 year price targets for McGrath RentCorp's shares. Their forecasts range from $99.00 to $99.00. On average, they expect McGrath RentCorp's stock price to reach $99.00 in the next year. This suggests a possible upside of 21.5% 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?

News articles about MGRC stock have trended somewhat positive on Monday, according to InfoTrie. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. McGrath RentCorp earned a daily sentiment score of 1.8 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for McGrath RentCorp.

Are investors shorting McGrath RentCorp?

McGrath RentCorp saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 275,900 shares, a decline of 19.7% from the January 15th total of 343,500 shares. Based on an average daily trading volume, of 126,600 shares, the short-interest ratio is presently 2.2 days. Currently, 1.2% of the shares of the company are short sold. View McGrath RentCorp's Current Options Chain.

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 Home Depot (HD), NVIDIA (NVDA), NextEra Energy (NEE), Verizon Communications (VZ), Lululemon Athletica (LULU), Boeing (BA), Fortinet (FTNT), AbbVie (ABBV), S&P Global (SPGI) and Zoetis (ZTS).

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 many different of retail and institutional investors. Top institutional shareholders include Franklin Resources Inc. (4.44%), State Street Corp (2.26%), Renaissance Technologies LLC (1.66%), Loomis Sayles & Co. L P (1.26%), SG Capital Management LLC (1.19%) and Goldman Sachs Group Inc. (1.11%). 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 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., Renaissance Technologies LLC, SG Capital Management LLC, Gabelli Funds LLC, Martingale Asset Management L P, Bank of New York Mellon Corp, AQR Capital Management LLC and Chicago Equity Partners LLC. Company insiders that have sold McGrath RentCorp company stock in the last year include David M Whitney, Dennis P Stradford, Elizabeth A Fetter, John P Skenesky, Keith E Pratt, Philip B Hawkins, Ronald H Zech and Trease Kristina Van. 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 Assenagon Asset Management S.A., Loomis Sayles & Co. L P, Panagora Asset Management Inc., California Public Employees Retirement System, Goldman Sachs Group Inc., Clark Capital Management Group Inc., Victory Capital Management Inc. and Knights of Columbus Asset 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, Robinhood, Fidelity and Charles Schwab.

What is McGrath RentCorp's stock price today?

One share of MGRC stock can currently be purchased for approximately $81.49.

How big of a company is McGrath RentCorp?

McGrath RentCorp has a market capitalization of $1.98 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:  221 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  479
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 2/17/2020 by MarketBeat.com Staff

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