MGRC Stock Overview
Operates as a business to business rental company in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
My Notes
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McGrath RentCorp Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$112.65 |
| 52 Week High | US$130.86 |
| 52 Week Low | US$95.50 |
| Beta | 0.75 |
| 1 Month Change | -6.82% |
| 3 Month Change | 8.33% |
| 1 Year Change | -4.84% |
| 3 Year Change | 41.52% |
| 5 Year Change | 45.28% |
| Change since IPO | 9,512.80% |
Recent News & Updates
Recent updates
McGrath RentCorp's (NASDAQ:MGRC) Dividend Will Be $0.475
Sep 18
McGrath RentCorp: Still In Play, Especially If Bullish On WillScot Mobile
Jun 28WillScot Mobile - McGrath RentCorp Merger: Potential Double-Digit Returns
Jun 13WillScot's Offer Undervalues McGrath
Jan 31Is Now The Time To Put McGrath RentCorp (NASDAQ:MGRC) On Your Watchlist?
Jan 03Risks To Shareholder Returns Are Elevated At These Prices For McGrath RentCorp (NASDAQ:MGRC)
Dec 19A Look At The Fair Value Of McGrath RentCorp (NASDAQ:MGRC)
Dec 06We Think McGrath RentCorp (NASDAQ:MGRC) Can Stay On Top Of Its Debt
Nov 23Is McGrath RentCorp (NASDAQ:MGRC) A Risky Investment?
Aug 11Here's Why We Think McGrath RentCorp (NASDAQ:MGRC) Is Well Worth Watching
Jul 24Is McGrath RentCorp (NASDAQ:MGRC) Using Too Much Debt?
May 04Is McGrath RentCorp (NASDAQ:MGRC) A Risky Investment?
Oct 13Shareholder Returns
| MGRC | US Trade Distributors | US Market | |
|---|---|---|---|
| 7D | -5.0% | -5.2% | -2.4% |
| 1Y | -4.8% | 13.3% | 23.4% |
Return vs Industry: MGRC underperformed the US Trade Distributors industry which returned 13.3% over the past year.
Return vs Market: MGRC underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| MGRC volatility | |
|---|---|
| MGRC Average Weekly Movement | 4.3% |
| Trade Distributors Industry Average Movement | 5.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: MGRC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MGRC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 1,204 | Joe Hanna | www.mgrc.com |
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.
McGrath RentCorp Fundamentals Summary
| MGRC fundamental statistics | |
|---|---|
| Market cap | US$2.77b |
| Earnings (TTM) | US$224.79m |
| Revenue (TTM) | US$888.78m |
12.3x
P/E Ratio3.1x
P/S RatioIs MGRC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGRC income statement (TTM) | |
|---|---|
| Revenue | US$888.78m |
| Cost of Revenue | US$458.00m |
| Gross Profit | US$430.78m |
| Other Expenses | US$205.99m |
| Earnings | US$224.79m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 9.16 |
| Gross Margin | 48.47% |
| Net Profit Margin | 25.29% |
| Debt/Equity Ratio | 55.6% |
How did MGRC perform over the long term?
See historical performance and comparisonDividends
1.7%
Current Dividend Yield21%
Payout RatioDoes MGRC pay a reliable dividends?
See MGRC dividend history and benchmarks| McGrath RentCorp dividend dates | |
|---|---|
| Ex Dividend Date | Jan 17 2025 |
| Dividend Pay Date | Jan 31 2025 |
| Days until Ex dividend | 26 days |
| Days until Dividend pay date | 40 days |
Does MGRC pay a reliable dividends?
See MGRC dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
McGrath RentCorp is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Samuel England | Berenberg |
| Daniel Moore | CJS Securities, Inc. |
| Joe Box | KeyBanc Capital Markets Inc. |