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Mcgrath Rentcorp (MGRC) Stock Price & Analysis

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MGRC Stock Chart & Stats

$125.02-$2.46(-1.93%)
At close: 4:00 PM EST
$110$120$130Aug 10Aug 24Sep 8Sep 21Oct 5Oct 19Nov 2
Day’s Range
$124.90 - $128.27
52-Week Range
$94.99 - $134.61
Previous Close
$127.48
Volume
N/A
Average Volume (3M)
395.16K
Market Cap
$3.05B
Enterprise Value
$3.41B
Total Cash (Recent Filing)
$1.04M
Total Debt (Recent Filing)
$618.26M
Price to Earnings (P/E)
19.2
Beta
0.55
Next Earnings
Feb 24, 2027 (Est.)
Dividend Yield
1.58%

Bulls Say, Bears Say

Bulls Say

Recurring Rental Growth

Rental operations provide recurring revenue across multiple specialized equipment categories, reducing reliance on one-time product sales. Recent growth in both Mobile Modular and TRS-RenTelco indicates continued customer demand and supports durable earnings visibility over the next several quarters.

Contract Backlog Visibility

A large share of newly deployed modular equipment is already tied to contracts averaging more than 30 months. This supports utilization and revenue visibility, while longer commitments can improve fleet planning and reduce dependence on short-term booking fluctuations.

Manageable Leverage

Leverage has improved materially from 2023, indicating a stronger capital structure and greater flexibility to fund fleet investment or pursue acquisitions. Although total debt has risen recently, the lower debt-to-equity level supports resilience if operating conditions soften.

Bears Say

Volatile Cash Conversion

Positive current free cash flow is tempered by sharp recent deterioration and a history that includes negative free cash flow years. Weaker conversion of EBITDA into operating cash could constrain internally funded fleet expansion and reduce flexibility during periods of higher investment.

Project Completion Delays

Delays in permitting, site readiness and subcontractor availability make project timing harder to forecast and defer equipment sales. Continued nonresidential construction pressure could therefore create uneven revenue, utilization and capital deployment even when the underlying backlog remains healthy.

Portable Storage Weakness

Portable Storage is facing simultaneous declines in revenue, EBITDA and fleet utilization, indicating pressure on both demand and operating efficiency. Exposure to weak smaller local commercial construction may keep this segment from contributing meaningfully to consolidated growth in the near term.

Mcgrath Rentcorp News

MGRC FAQ

What was Mcgrath Rentcorp’s price range in the past 12 months?
Mcgrath Rentcorp lowest stock price was $94.99 and its highest was $134.61 in the past 12 months.
What is Mcgrath Rentcorp’s market cap?
Mcgrath Rentcorp’s market cap is $3.05B.
When is Mcgrath Rentcorp’s upcoming earnings report date?
Mcgrath Rentcorp’s next earnings report is estimated for Feb 24, 2027 (not yet confirmed), which is in 106 days.
How were Mcgrath Rentcorp’s earnings last quarter?
Mcgrath Rentcorp released its earnings results on Oct 28, 2026. The company reported $2 earnings per share for the quarter, beating the consensus estimate of $1.892 by $0.108.
Is Mcgrath Rentcorp overvalued?
According to Wall Street analysts Mcgrath Rentcorp’s price is currently Undervalued.
Does Mcgrath Rentcorp pay dividends?
Mcgrath Rentcorp pays a Quarterly dividend of $0.495 which represents an annual dividend yield of 1.58%. See more information on Mcgrath Rentcorp dividends here
What is Mcgrath Rentcorp’s EPS estimate?
Mcgrath Rentcorp’s EPS estimate is 1.92.
How many shares outstanding does Mcgrath Rentcorp have?
Mcgrath Rentcorp has 24,364,346 shares outstanding.
What happened to Mcgrath Rentcorp’s price movement after its last earnings report?
Mcgrath Rentcorp reported an EPS of $2 in its last earnings report, beating expectations of $1.892. Following the earnings report the stock price went up 0.69%.
Which hedge fund is a major shareholder of Mcgrath Rentcorp?
Hedge funds hold Mcgrath Rentcorp shares: the largest hedge-fund position in Mcgrath Rentcorp is 71,885,810 shares, and hedge funds decreased their holdings by 659.6K shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology