McGrath RentCorp (MGRC)
$
107.15
-6.07 (-5.66%)
Key metrics
Financial statements
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
McGrath RentCorp operates as a business-to-business rental company both in the United States and internationally, offering a diverse range of products including relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment solutions. The company's operational efficiency is reflected in the gross profit ratio of 0.48 showcasing the effectiveness of its production and sales operations. Furthermore, McGrath RentCorp reported selling, general, and administrative expenses of $200,432,000.00 which signals its operational overhead costs. The organization also experienced a notable revenue of $910,942,000.00 which underscores its steady growth trajectory in the industry. Its operational profitability margin is seen in its operating income ratio of 0.27 while the net total of other income and expenses is 69,385,000.00 shedding light on the impact of non-core financial activities. The company is structured into four distinct segments: Mobile Modular, which provides modular buildings for various uses; TRS-RenTelco, focusing on electronic test equipment rentals; Adler Tanks, offering storage solutions; and Enviroplex, which manufactures portable classrooms. In the financial market, the stock is reasonably priced at $111.94 appealing to a broad range of investors who see potential in its offerings. However, it is notable that the stock has a low average trading volume of 148,975.00 indicating lower market activity that could suggest stability or a lack of investor interest. With a mid-range market capitalization of $2,630,661,080.00 McGrath RentCorp stands as a steady performer amidst its peers. It is recognized as a key player in the Rental & Leasing Services industry, significantly contributing to the overall market landscape and setting trends that drive innovation. Additionally, the company belongs to the Industrials sector, where it continues to foster growth and advancement through its diverse product offerings and robust market strategies.
Is McGrath RentCorp (MGRC) a good investment?
Investing in McGrath RentCorp (MGRC) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as A-, with a Bearish outlook. Always conduct your own research before investing.
What is McGrath RentCorp (MGRC)'s stock forecast?
Analysts predict McGrath RentCorp stock to fluctuate between $95.50 (low) and $129.93 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is McGrath RentCorp's market capitalization?
As of 2025-04-04, McGrath RentCorp's market cap is $2,630,661,080, based on 24,551,200 outstanding shares.
How does McGrath RentCorp compare to competitors like GE Aerospace?
Compared to GE Aerospace, McGrath RentCorp has a Lower Market-Cap, indicating a difference in performance.
Does McGrath RentCorp pay dividends?
McGrath RentCorp pays dividends. The current dividend yield is 1.78%, with a payout of $0.49 per share.
How can I buy McGrath RentCorp (MGRC) stock?
To buy McGrath RentCorp (MGRC) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for MGRC. Place an order (Market, Limit, etc.).
What is the best time to invest in McGrath RentCorp?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Has McGrath RentCorp stock ever split?
McGrath RentCorp's last stock split was 2:1 on 2005-03-28.
How did McGrath RentCorp perform in the last earnings report?
Revenue: $910,942,000 | EPS: $9.44 | Growth: 32.21%.
Where can I find McGrath RentCorp's investor relations reports?
Visit https://www.mgrc.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for McGrath RentCorp?
You can explore historical data from here
What is the all-time high and low for McGrath RentCorp stock?
All-time high: $130.86 (2024-02-12) | All-time low: $67.08 (2021-08-18).
What are the key trends affecting McGrath RentCorp stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
5 days ago
McGrath RentCorp remains a 'Buy' due to its solid financial performance, attractive pricing, and potential for growth despite a failed merger with WillScot Holdings. The Mobile Modular segment drove significant revenue growth from $379.2 million in 2022 to $635.4 million in 2024, showcasing strong investment in rental equipment. Despite weaker performance in the Portage Storage and TRS-RenTelco segments, overall profitability metrics like net income and operating cash flow have more than doubled.
businesswire.com
8 days ago
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its first quarter ending March 31, 2025, after the close of regular market trading on Thursday, April 24, 2025. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on April 24, 2025, to discuss the results. The conference call may be acce.
businesswire.com
23 days ago
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP, and Chief Financial Officer, will participate in investor meetings at the Sidoti Small-Cap Virtual Conference on Wednesday, March 19, 2025. ABOUT MCGRATH: McGrath RentCorp (Nasdaq: MGRC) is a leading business-to-business rental company in North America with.
seekingalpha.com
2 months ago
McGrath RentCorp (NASDAQ:MGRC ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger - Oppenheimer Mark Riddick - Sidoti Daniel Moore - CJS Securities Operator Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp Fourth Quarter 2024 Earnings Call.
zacks.com
2 months ago
McGrath (MGRC) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.30 per share a year ago.
businesswire.com
2 months ago
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended December 31, 2024 of $243.7 million, an increase of 10% compared to the fourth quarter of 2023. The Company reported net income from continuing operations of $38.9 million, or $1.58 per diluted share, for the fourth quarter of 2024, compared to net income f.
businesswire.com
2 months ago
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the completion of the major milestone of its 40th anniversary listed on the Nasdaq. In recognition of this milestone, McGrath will be honored by being displayed on the Nasdaq Tower in Times Square on February 11. Joe Hanna, President and CEO, remarked, “Our company crossed the 2024 finish line, marking the completion of.
businesswire.com
3 months ago
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, a leading business-to-business rental company in North America, today announced the appointment of Philip B. Hawkins to Chief Operating Officer (COO). Joe Hanna, CEO stated, “I am very pleased to announce the promotion of Phil Hawkins to the position of Chief Operating Officer (COO). In this role, Phil will continue to oversee our Mobi.
businesswire.com
3 months ago
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP and Chief Financial Officer, will present at the CJS Securities 25th Annual New Ideas for the New Year Conference on Tuesday, January 14, 2025. The Company will be presenting at 1:35 p.m. ET. A simultaneous webcast and presentation slides will be available in.
seekingalpha.com
3 months ago
McGrath RentCorp faces near-term softness due to weak demand but expects growth from the modular segment. Despite challenges in Portable Storage and TRS segments, disciplined cost management and strong pricing in Mobile Modular should drive margin expansion in FY24. Long-term prospects are promising due to infrastructure investments and market expansion, making the stock a decent buy at current levels.
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