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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryDiversified Support Services
SectorFinance
SymbolNASDAQ:MGRC
CUSIP58058910
Phone925-606-9200
Debt
Debt-to-Equity RatioN/A
Current Ratio0.24
Quick Ratio0.24
Price-To-Earnings
Trailing P/E Ratio28.93
Forward P/E Ratio22.46
P/E Growth2.27
Sales & Book Value
Annual Sales$462.03 million
Price / Sales3.20
Cash Flow$5.3499 per share
Price / Cash11.46
Book Value$21.81 per share
Price / Book2.81
Profitability
EPS (Most Recent Fiscal Year)$2.14
Net Income$153.92 million
Net Margins33.97%
Return on Equity11.81%
Return on Assets4.80%
Miscellaneous
Employees1,073
Outstanding Shares24,120,000
Market Cap$1,494.48
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 Thursday, June 7th. Shareholders of record on Tuesday, July 17th will be paid a dividend of $0.34 per share on Tuesday, July 31st. This represents a $1.36 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Monday, July 16th. View McGrath RentCorp's Dividend History.
How were McGrath RentCorp's earnings last quarter?
McGrath RentCorp (NASDAQ:MGRC) posted its quarterly earnings data on Tuesday, May, 1st. The financial services provider reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.12. The financial services provider earned $105.09 million during the quarter, compared to the consensus estimate of $99.92 million. McGrath RentCorp had a net margin of 33.97% and a return on equity of 11.81%. The firm's quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.33 EPS. View McGrath RentCorp's Earnings History.
When is McGrath RentCorp's next earnings date?
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 hold rating for the stock, resulting in a consensus recommendation of "Hold."
Who are some of McGrath RentCorp's key competitors?
Some companies that are related to McGrath RentCorp include Air Lease (AL), Aaron's (AAN), Triton International (TRTN), Aircastle (AYR), Exterran (EXTN), Textainer Group (TGH), Rent-A-Center (RCII), CAI International (CAI), General Finance Co. Common Stock (GFN), Black Diamond Group (BDIMF), Mitcham Industries (MIND), Quest Resource (QRHC), FlexShopper (FPAY) and Aly Energy Services (ALYE).
Who are McGrath RentCorp's key executives?
McGrath RentCorp's management team includes the folowing people:
- Mr. Joseph F. Hanna, Chief Exec. Officer, Pres and Director (Age 56)
- Mr. Keith E. Pratt, Chief Financial Officer and Exec. VP (Age 55)
- Mr. Philip B. Hawkins, VP of Mobile Modular and Division Mang. of Mobile Modular (Age 42)
- Mr. Dennis C. Kakures, Consultant (Age 61)
- Mr. David M. Whitney CPA, Principal Accounting Officer, VP and Corp. Controller (Age 53)
Has McGrath RentCorp been receiving favorable news coverage?
Headlines about MGRC stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. McGrath RentCorp earned a media sentiment score of 0.11 on Accern's scale. They also assigned news headlines about the financial services provider an impact score of 46.59 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are McGrath RentCorp's major shareholders?
McGrath RentCorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include SG Capital Management LLC (0.39%) and Campbell & CO Investment Adviser LLC (0.01%). Company insiders that own McGrath RentCorp stock include David M Whitney, Dennis C Kakures, Dennis P Stradford, Elizabeth A Fetter, 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 SG Capital Management LLC and Campbell & CO Investment Adviser 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, 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.
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 $61.31.
How big of a company is McGrath RentCorp?
McGrath RentCorp has a market capitalization of $1.49 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.
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)
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.
