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Mcgrath Rentcorp (MGRC) Stock Price & Analysis
MGRC Stock Chart & Stats
- 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.)
- EPS Estimate
- 1.92
- Last Dividend Ex-Date
- Oct 16, 2026
- 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
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Mcgrath Rentcorp Stock Smart Score
Company Description
Mcgrath Rentcorp
McGrath RentCorp (MGRC) operates as a diversified business-to-business provider of rental solutions, serving clients across the United States and internationally. Its primary offerings encompass a range of temporary infrastructure and specialized equipment, including versatile modular structures, portable storage units, advanced electronic testing apparatus, and various liquid and solid containment solutions. The company's operations are divided into four distinct segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. Mobile Modular specializes in the rental and sale of adaptable modular buildings and portable storage containers. These structures cater to diverse applications such as educational facilities, temporary workplaces, sales outposts, construction site offices, healthcare clinics, and more. TRS-RenTelco focuses on providing (renting and selling) advanced electronic test and measurement equipment. This includes general-purpose instruments like oscilloscopes, amplifiers, and analyzers, primarily catering to the aerospace, defense, electronics, industrial, research, and semiconductor sectors. Additionally, it supplies specialized communication test gear for fiber, copper, and wireless networks, serving equipment manufacturers, installation contractors, field technicians, and communication service providers. Adler Tanks offers rental solutions for various containment needs. Its inventory comprises robust fixed-axle steel tanks for liquids such as groundwater, wastewater, hazardous organic compounds, sewage, and chemical mixtures. The segment also supplies vacuum containers for sludges and solids, dewatering boxes designed to separate liquids from sludge and slurry, and roll-off/trash containers for the interim storage and transport of solid waste. Enviroplex stands out by manufacturing and directly selling portable classroom facilities. Its clientele primarily consists of public school districts and other educational bodies within California. Established in 1979, McGrath RentCorp maintains its headquarters in Livermore, California.
- Sector
- Industrials
- Industry
- Rental & Leasing Services
- CEO
- Philip Hawkins
- Employees
- 1,306
- Website
- www.mgrc.com
- Address
- 5700 Las Positas Road, Livermore, CA, 94551-7800, US
Mcgrath Rentcorp (MGRC) Earnings & Revenues
MGRC Company Deck
MGRC Earnings Call
Earnings Call SentimentPositive
The call was predominantly positive. Companywide revenue and adjusted EBITDA grew, Mobile Modular rental bookings and commercial project activity remained strong, TRS delivered substantial growth with record utilization, Enviroplex had a very strong quarter, and management maintained the midpoint of its EBITDA outlook while increasing planned rental fleet investment. The main negatives were weaker new modular equipment sales, delays in customer project completions, continued weakness in smaller local commercial construction and education activity, and lower Mobile Modular and Portable Storage margins and utilization. Overall, the growth opportunities and operating performance significantly outweighed the stated challenges.
View all MGRC earnings summariesMGRC Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 13 | 6 | 3 |
| Technical Analysis | 3 | 6 | 1 |
| Moving Averages | 10 | 0 | 2 |








