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Market Cap 2.34B P/E 21.48 EPS this Y 18.90% Ern Qtrly Grth -68.10%
Income 123.18M Forward P/E 17.80 EPS next Y 13.10% 50D Avg Chg 3.00%
Sales 855.95M PEG 3.31 EPS past 5Y 4.67% 200D Avg Chg 1.00%
Dividend 2.00% Price/Book 2.66 EPS next 5Y 6.05% 52W High Chg -14.00%
Recommedations 1.00 Quick Ratio 1.40 Shares Outstanding 24.55M 52W Low Chg 18.00%
Insider Own 1.48% ROA 6.50% Shares Float 24.15M Beta -
Inst Own 88.32% ROE 13.67% Shares Shorted/Prior 1.21M/2.26M Price 95.60
Gross Margin 47.85% Profit Margin 14.70% Avg. Volume 106,132 Target Price 117.00
Oper. Margin 22.75% Earnings Date Jul 25 Volume 46,504 Change -0.02%
About McGrath RentCorp

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.

McGrath RentCorp News
04/25/24 McGrath RentCorp (MGRC) Q1 2024 Earnings Call Transcript
04/25/24 McGrath RentCorp (MGRC) Exceeds Analyst Expectations with Strong Q1 2024 Performance
04/25/24 McGrath Announces Results for First Quarter 2024
04/25/24 11 Oversold MidCap Stocks To Buy Now
04/15/24 McGrath RentCorp's Dividend Analysis
04/04/24 McGrath Sets First Quarter 2024 Financial Results Date and Time
02/22/24 McGrath RentCorp (NASDAQ:MGRC) Q4 2023 Earnings Call Transcript
02/22/24 Q4 2023 McGrath RentCorp Earnings Call
02/21/24 McGrath RentCorp (MGRC) Q4 2023 Earnings Call Transcript
02/21/24 McGrath RentCorp (MGRC) Announces Solid Revenue Growth and Dividend Increase for Q4 2023
02/21/24 McGrath Announces Results for Fourth Quarter 2023 and Announces 33rd Annual Dividend Increase
02/20/24 WillScot Mobile Mini Reports Fourth Quarter 2023 and Full Year 2023 Results
02/05/24 WillScot Mobile Mini to Announce Fourth Quarter and Fiscal Year 2023 Results on February 20, 2024
02/01/24 McGrath Sets Fourth Quarter 2023 Financial Results Date and Time
01/30/24 WillScot Mobile Mini (WSC) to Acquire McGrath to Expand in NA
01/29/24 Why McGrath Rentcorp Stock Popped Today
01/29/24 Stocks to Watch Monday: SoFi, iRobot, Franklin Resources, Chipotle
01/29/24 McGrath RentCorp Stock Jumps on Deal to Be Bought for $3.8 Billion by WillScot Mobile
01/29/24 Portable-Building Companies Strike $3 Billion Deal
01/29/24 WillScot Mobile Mini to Acquire McGrath RentCorp for $3.8 Billion, Enhancing Its Position as the North American Leader in Turnkey Space Solutions
MGRC Chatroom

User Image epsguid Posted - 22 hours ago

$MGRC reported earnings of $0.93, consensus was $0.73 via @eWhispers #epsbeat http://eps.sh/d/mgrc

User Image Stock_Titan Posted - 22 hours ago

$MGRC McGrath Announces Results for First Quarter 2024 https://www.stocktitan.net/news/MGRC/mc-grath-announces-results-for-first-quarter-85cjsq6xt723.html

User Image Stock_Titan Posted - 3 weeks ago

$MGRC McGrath Sets First Quarter 2024 Financial Results Date and Time https://www.stocktitan.net/news/MGRC/mc-grath-sets-first-quarter-2024-financial-results-date-and-t5b9kacbmuyp.html

User Image TickerDD_com Posted - 02/29/24

From 2/20/2024, looking back across 21 Month-Ends for MGRC, Percentage Change of Average Monthly Price had More Positives (76%) while Percentage Change of Average Monthly Volume had All Positives (100%) $MGRC #MGRC #MGRCStock #TickerDD #MGRCPrice https://www.youtube.com/watch?v=qFBDLELF298

User Image DividendPower Posted - 2 months ago

Recent Dividend Increases $ADI $MGRC $PPL $XEL $TR https://www.dividendpower.org/dividend-increases/

User Image Towelie Posted - 2 months ago

McGrath RentCorp hikes dividend by 2.2%. This marks the 33rd consecutive year. $MGRC yields 1.5%. #dividends http://dlvr.it/T34CnW

User Image epsguid Posted - 2 months ago

$MGRC reported earnings of $1.30, consensus was $1.37 via @eWhispers #epsmiss http://eps.sh/d/mgrc

User Image DonCorleone77 Posted - 2 months ago

$MGRC McGrath reports Q4 EPS $1.30, two estimates $1.36 Reports Q4 revenue $221.6M, two estimates $214.42M. Joe Hanna, President and CEO of McGrath, made the following comments: "We were pleased with our fourth quarter results. Our 19% increase in companywide rental revenues was driven by strong modular and portable storage performance. Modular rental revenues grew 37%, with approximately two-thirds of the growth attributable to our Vesta Modular acquisition. Portable storage rental revenues grew 13%."

User Image Stock_Titan Posted - 2 months ago

$MGRC McGrath Announces Results for Fourth Quarter 2023 and Announces 33rd Annual Dividend Increase https://www.stocktitan.net/news/MGRC/mc-grath-announces-results-for-fourth-quarter-2023-and-announces-7uzaijduglmq.html

User Image _Archangel_ Posted - 2 months ago

Full eye $ASST today for me🌙 Repurchase 1.25M shares progess✔️ Launch V2 Dital Community Payment Processing Platform in Launch early 2024. Catalyst✔️ Heavy shorted, Nano float, $3.49 52w high✔️ Few tickers with very good run this pm $CHEA $YTEN $MGRC nice! Bullish

User Image AnchorsAweigh Posted - 2 months ago

$MGRC Gap n’ go. Huge volume. 🧠 sector. $HRI $HEES $URI

User Image CTFNLighthouse Posted - 01/30/24

$mgrc $WSC The definitive merger agreement was filed for Wilscot Mobile Mini’s proposed $3 billion acquisition of McGrath RentCorp. Regulatory conditions: The transaction is subject to HSR approval, which shall be filed as promptly as practicable. The proxy statement shall be filed as promptly as practicable. Best efforts: The parties may divest assets if required by regulators. Outside date: October 31, 2024, subject to a potential three-month extension to January 31, 2025 Termination fee / reverse termination fee: $120 million (4%) / $180 million (6%)

User Image DEXWireNews Posted - 01/29/24

$MGRC https://www.tradingview.com/chart/MGRC/hVPQTqOw-WillScot-Mobile-Mini-to-Acquire-McGrath-RentCorp/hVPQTqOw

User Image KimberlyGober643 Posted - 01/29/24

MGRC is drawing interest with its solid fundamentals and recent positive developments. The current outlook suggests exciting potential for growth. Keeping a watchful eye on $MGRC, alongside staying tuned to ILUS.

User Image HudsonMcLaren Posted - 01/29/24

$MGRC $FDX $CAT Analyst price target for next week: https://main-stock-trading-chatplatform.topmarketwatch.vip

User Image phonystark Posted - 01/29/24

$MGRC $WSC Aren't these two companies like the top modular/portable storage firms in the US? Surprising acquisition.. I was in MGRC for 3 shares lol 😎

User Image briefingcom Posted - 01/29/24

$MGRC (+9.2%): McGrath RentCorp to be acquired by WillScot Mobile Mini $WSC for $3.8 bln

User Image OpenOutcrier Posted - 01/29/24

$MGRC (+9.6% pre) WillScot Mobile Mini $WSC to acquire McGrath RentCorp (MGRC) in a $3.8B deal ( $123 per share. It breaks down to 60% in cash and 40% in stock)- SI https://ooc.bz/l/23345

User Image DonCorleone77 Posted - 01/29/24

$WSC $MGRC 3 of 3 - WillScot Mobile Mini to acquire McGrath RentCorp for $3.8B ....The transaction values McGrath at an enterprise value of $3.8 billion, including approximately $800 million of net debt, and the per-share consideration represents a premium of 10.1% to McGrath's closing stock price on January 26, 2024. WillScot Mobile Mini is committed to deleveraging and expects to achieve pro forma net leverage within the Company's target range of 3.0x - 3.5x within 12 months post-closing. All directors for the respective Boards of WillScot Mobile Mini and McGrath adopted and approved the transaction. The transaction is expected to close in the second quarter of 2024 and is subject to approval by McGrath shareholders, regulatory approvals and other customary closing conditions.

User Image DonCorleone77 Posted - 01/29/24

$WSC $MGRC 2 of 3 - WillScot Mobile Mini to acquire McGrath RentCorp for $3.8B ....WillScot Mobile Mini expects the combined company will generate approximately $700 million of annual free cash flow by end of the first full year following closing, with significant further accretion to free cash flow margins over time. McGrath shareholders will receive for each of their shares either $123.00 in cash or 2.8211 shares of WillScot Mobile Mini common stock, as determined pursuant to the election and allocation procedures in the merger agreement under which 60% of McGrath's outstanding shares will be converted into the cash consideration and 40% of McGrath's outstanding shares will be converted into the stock consideration....

User Image DonCorleone77 Posted - 01/29/24

$WSC $MGRC 1 of 3 - WillScot Mobile Mini to acquire McGrath RentCorp for $3.8B WillScot Mobile Mini Holdings (WSC) announced it has entered into a definitive agreement to acquire McGrath RentCorp (MGRC), a business-to-business rental company based in Livermore, California. The acquisition will enhance WillScot Mobile Mini's position as a North American leader in turnkey space solutions with a complementary geographic footprint and a more diversified platform, providing enhanced value across key customer segments. The combined company will have a strengthened financial profile, with combined 2023 revenues of $3.2 billion and adjusted EBITDA of $1.4 billion3, including run-rate operating synergies. The combined company expects to capture additional revenue synergies and fleet efficiencies through its combined commercial and branch operations and by leveraging WillScot Mobile Mini's best-in-class technology platform....

User Image BigBreakingWire Posted - 01/29/24

WillScot Mobile Mini is set to acquire McGrath RentCorp for $123 per share. Live Update https://bigbreakingwire.in/stock-in-news $WSC $MGRC $SPY $QQQ

User Image BigBreakingWire Posted - 01/28/24

🚨 WillScot Mobile Mini is closing in on a $3 billion acquisition of McGrath RentCorp. Live Update https://bigbreakingwire.in/stock-in-news $WSC $MGRC $SPY $QQQ

User Image StockAutomatePro Posted - 3 months ago

$MGRC Looks like the stock is on a downward path chart analysis confirms. We alerted the SELL signal at $119.15 and we were able to close this one with profit at $110.76 📊

User Image Stock_Titan Posted - 3 months ago

$JBI $MGRC Janus International Group Announces Updates to Board of Directors https://www.stocktitan.net/news/JBI/janus-international-group-announces-updates-to-board-of-1i6l8a6k9lew.html

User Image tickeron Posted - 4 months ago

A.I.dvisor made a bullish call on $MGRC, netting in a 12.14% gain over 3 weeks https://srnk.us/go/4951225

User Image StockAutomatePro Posted - 4 months ago

$MGRC Stock market is looking optimistic based on the chart. We alerted the BUY signal at $102.12 and we were able to close this one with profit at $118.21 🥳

User Image StockAutomatePro Posted - 4 months ago

$MGRC The chart suggests a bullish outlook for the stock. We alerted the BUY signal at $103.1 and we were able to close this one with profit at $116.93 📊 See more details at StockAutomate.com

User Image StockAutomatePro Posted - 4 months ago

$MGRC The chart is indicating a positive future for the stock. We alerted the BUY signal at $103.72 and we were able to close this one with profit at $115.5 ✅ See more details at StockAutomate.com

User Image StockAutomatePro Posted - 4 months ago

$MGRC Looks like the stock is headed for a strong performance based on the chart. We alerted the BUY signal at $102.11 and we were able to close this one with profit at $115.07 🎯

Analyst Ratings
Oppenheimer Outperform Oct 6, 23
Oppenheimer Outperform Feb 23, 23
Sidoti & Co. Buy Feb 2, 23
Sidoti & Co. Neutral Nov 16, 22
Oppenheimer Outperform Aug 12, 20
Sidoti & Co. Buy Feb 4, 20
Sidoti & Co. Buy Sep 12, 19
Sidoti & Co. Buy Jul 31, 19
Berenberg Buy Sep 19, 18
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
FETTER ELIZABETH A Director Director Aug 30 Sell 102.59 430 44,114 4,770 09/01/23
Hawkins Philip B Senior VP Mobile Mod.. Senior VP Mobile Modular Div Aug 18 Sell 98.724 2,607 257,373 08/22/23
Hawkins Philip B Senior VP Mobile Mod.. Senior VP Mobile Modular Div Aug 15 Option 34.57 5,280 182,530 5,280 08/16/23
VAN TREASE KRISTINA Sr. VP Business Stra.. Sr. VP Business Strategy & Dev Jun 08 Option 34.57 8,645 298,858 7,705 06/09/23
Whitney David M VP, Controller, PAO VP, Controller, PAO Jun 08 Option 34.57 8,645 298,858 12,437 06/09/23
FETTER ELIZABETH A Director Director May 11 Sell 91.0336 1,400 127,447 5,200 05/12/23
Wescott Tara Vice President Human.. Vice President Human Resources May 12 Sell 91.3141 1,200 109,577 753 05/12/23
Skenesky John P VP and Division Mana.. VP and Division Manager May 11 Sell 90.9669 3,000 272,901 11,730 05/12/23
Lieffrig John VP and Division Mana.. VP and Division Manager May 11 Sell 90.0378 1,655 149,013 15,370 05/12/23
Lieffrig John VP and Division Mana.. VP and Division Manager May 08 Option 33.27 3,735 124,263 19,105 05/10/23
HANNA JOSEPH F President and CEO President and CEO Mar 01 Option 17.29 58,002 1,002,855 198,351 03/14/23
STRADFORD DENNIS P Director Director Mar 10 Sell 97.8753 1,700 166,388 7,500 03/14/23
Hawkins Philip B Senior VP Mobile Mod.. Senior VP Mobile Modular Div Mar 08 Sell 98.419 5,624 553,508 03/10/23
PRATT KEITH E Executive VP and CFO Executive VP and CFO Mar 06 Option 34.57 16,000 553,120 62,938 03/07/23
VAN TREASE KRISTINA Sr. VP Business Stra.. Sr. VP Business Strategy & Dev Feb 28 Sell 104.02 5,430 564,829 4,810 03/02/23
Box Kimberly Ann Director Director Feb 28 Sell 103.3887 500 51,694 5,800 03/01/23
Hawkins Philip B Senior VP Mobile Mod.. Senior VP Mobile Modular Div Sep 12 Option 24.6 4,480 110,208 4,480 09/14/22
STRADFORD DENNIS P Director Director Jun 02 Sell 83.2 1,000 83,200 9,200 06/06/22
HANNA JOSEPH F President and CEO President and CEO May 24 Option 24.6 35,300 868,380 155,411 05/26/22
FETTER ELIZABETH A Director Director May 23 Sell 82.1545 1,400 115,016 5,100 05/23/22
HANNA JOSEPH F President and CEO President and CEO May 18 Option 24.6 30,000 738,000 139,018 05/20/22
PRATT KEITH E Executive VP and CFO Executive VP and CFO May 11 Option 24.6 16,520 406,392 54,043 05/13/22
Skenesky John P VP and Division Mana.. VP and Division Manager May 09 Sell 81.7408 2,000 163,482 12,184 05/10/22
VAN TREASE KRISTINA Sr. VP Business Stra.. Sr. VP Business Strategy & Dev Mar 15 Option 24.6 8,730 214,758 8,568 03/17/22
Whitney David M VP, Controller, PAO VP, Controller, PAO Mar 15 Option 24.6 8,730 214,758 11,341 03/17/22
Skenesky John P VP and Division Mana.. VP and Division Manager Mar 14 Option 29.59 5,655 167,331 17,158 03/15/22
Hawkins Philip B Senior VP Mobile Mod.. Senior VP Mobile Modular Div Mar 11 Sell 83.4158 10,862 906,062 03/15/22
Lieffrig John VP & Division Manage.. VP & Division Manager Jun 02 Option 33.27 5,205 173,170 14,956 06/02/21
Dashner Kay Senior HR Advisor Senior HR Advisor Mar 03 Option 13.02 8,205 106,829 12,918 03/03/21
Skenesky John P VP and Division Mana.. VP and Division Manager Dec 11 Option 29.59 7,965 235,684 16,984 12/11/20
Skenesky John P VP and Division Mana.. VP and Division Manager Dec 11 Sell 64.1 4,928 315,885 7,582 12/11/20
Whitney David M VP, Controller, PAO VP, Controller, PAO Nov 23 Sell 64.05 12,000 768,600 2,786 11/23/20
VAN TREASE KRISTINA VP & Division Manage.. VP & Division Manager Nov 23 Sell 64.05 12,000 768,600 2,095 11/23/20
Lieffrig John VP & Division Manage.. VP & Division Manager Nov 18 Option 33.27 13,610 452,805 16,199 11/18/20