McGrath RentCorp (MGRC) Stock Price, News & Analysis

Company Overview

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, and electronic test equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, 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. 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. It also provides communications test equipment, including 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 Portable Storage segment offers steel containers to provide a temporary storage solution. The Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is based in Livermore, California.

Key Stats

• Today's Range: $104.97 to $114.43
• 50-Day Range: $109.58 to $128.96
• 52-Week Range: $95.50 to $129.93
• Volume: 160,053 shs
• Average Volume: 183,238 shs
• Market Capitalization: $2.76 billion
• P/E Ratio: 11.92
• Dividend Yield: 1.73%
• Price Target: $145.50
• Consensus Rating: Buy

McGrath RentCorp Stock Analysis - MarketRank™

McGrath RentCorp scored higher than 100% of companies evaluated by MarketBeat, and ranked 14th out of 955 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

McGrath RentCorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

McGrath RentCorp has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.17%

Earnings Growth

Earnings for McGrath RentCorp are expected to grow by 11.17% in the coming year, from $6.18 to $6.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of McGrath RentCorp is 11.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of McGrath RentCorp is 11.92, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.63.

Price to Earnings Growth Ratio

McGrath RentCorp has a PEG Ratio of 1.35. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

McGrath RentCorp has a P/B Ratio of 2.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.52% of the float of McGrath RentCorp has been sold short.

Short Interest Ratio / Days to Cover

McGrath RentCorp has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in McGrath RentCorp has recently decreased by 6.86%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

McGrath RentCorp pays a meaningful dividend of 1.63%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

McGrath RentCorp has been increasing its dividend for 33 years.

Dividend Coverage

The dividend payout ratio of McGrath RentCorp is 20.57%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, McGrath RentCorp will have a dividend payout ratio of 28.24% next year. This indicates that McGrath RentCorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -2.91

Percentage of Shares Shorted

1.52% of the float of McGrath RentCorp has been sold short.

Short Interest Ratio / Days to Cover

McGrath RentCorp has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in McGrath RentCorp has recently decreased by 6.86%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.25

News Sentiment

McGrath RentCorp has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.02 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for McGrath RentCorp this week, compared to 4 articles on an average week.

Search Interest

Only 2 people have searched for MGRC on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

1 people have added McGrath RentCorp to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, McGrath RentCorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $124,690.00 in company stock.

Percentage Held by Insiders

Only 1.60% of the stock of McGrath RentCorp is held by insiders.

Percentage Held by Institutions

92.05% of the stock of McGrath RentCorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MGRC Stock Analysis - Frequently Asked Questions

How have MGRC shares performed this year?

McGrath RentCorp's stock was trading at $111.82 at the beginning of 2025. Since then, MGRC stock has increased by 0.5% and is now trading at $112.40.
View the best growth stocks for 2025 here.

How were McGrath RentCorp's earnings last quarter?

McGrath RentCorp (NASDAQ:MGRC) issued its quarterly earnings data on Wednesday, February, 19th. The financial services provider reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.08. The financial services provider had revenue of $243.75 million for the quarter, compared to analysts' expectations of $246.93 million. McGrath RentCorp had a trailing twelve-month return on equity of 13.68% and a net margin of 25.44%.

How do I buy shares of McGrath RentCorp?

Shares of MGRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of McGrath RentCorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that McGrath RentCorp investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Broadcom (AVGO), Exxon Mobil (XOM) and Tesla (TSLA).

Company Calendar

• Record date for 1/31 Dividend: 1/17/2025
• Ex-Dividend for 1/31 Dividend: 1/17/2025
• Dividend Payable: 1/31/2025
• Last Earnings: 2/19/2025
• Today: 4/01/2025
• Record date for 4/30 Dividend: 4/16/2025
• Ex-Dividend for 4/30 Dividend: 4/16/2025
• Next Earnings (Estimated): 4/24/2025
• Dividend Payable: 4/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Equipment rental & leasing, not elsewhere classified
• Sub-Industry: Diversified Support Services
• Current Symbol: NASDAQ:MGRC
• CIK: 752714
• Web: www.mgrc.com
• Phone: (925) 606-9200
• Fax: 925-453-3200
• Employees: 1,220
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $145.50
• High Stock Price Target: $152.00
• Low Stock Price Target: $139.00
• Potential Upside/Downside: +29.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $9.43
• Trailing P/E Ratio: 11.92
• Forward P/E Ratio: 18.19
• P/E Growth: 1.35
• Net Income: $174.62 million
• Net Margins: 25.44%
• Pretax Margin: 34.43%
• Return on Equity: 13.68%
• Return on Assets: 6.16%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.25
• Quick Ratio: 0.25

Sales & Book Value

• Annual Sales: $910.94 million
• Price / Sales: 3.03
• Cash Flow: $8.99 per share
• Price / Cash Flow: 12.50
• Book Value: $45.76 per share
• Price / Book: 2.46

Miscellaneous

• Outstanding Shares: 24,551,000
• Free Float: 24,158,000
• Market Cap: $2.76 billion
• Optionable: Optionable
• Beta: 0.75