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McGrath RentCorp - Common Stock (MGRC)

109.58
-1.38 (-1.24%)

McGrath Rentcorp is a leading provider of modular buildings, portable storage solutions, and related services in the United States

The company specializes in offering flexible, cost-effective space solutions for a variety of sectors, including education, construction, healthcare, and commercial businesses. By supplying high-quality modular structures and efficient storage options, McGrath Rentcorp enables clients to meet their dynamic space requirements while maintaining operational efficiency. Renowned for its customer-oriented approach, the company also provides support services such as transportation, installation, and maintenance, ensuring a seamless experience for its customers.

SummaryNewsPress ReleasesChartHistoricalFAQ
Previous Close110.96
Open110.03
Bid109.57
Ask110.57
Day's Range109.30 - 113.39
52 Week Range95.50 - 129.93
Volume117,307
Market Cap2.68B
PE Ratio (TTM)11.62
EPS (TTM)9.4
Dividend & Yield1.900 (1.73%)
1 Month Average Volume166,072

News & Press Releases

McGrath to Participate in the Sidoti Small-Cap Virtual Conference
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP, and Chief Financial Officer, will participate in investor meetings at the Sidoti Small-Cap Virtual Conference on Wednesday, March 19, 2025.
By McGrath RentCorp · Via Business Wire · March 12, 2025
Price Over Earnings Overview: McGrath RentCorpbenzinga.com
Via Benzinga · March 4, 2025
McGrath RentCorp (MGRC) Q4 2024 Earnings Call Transcriptfool.com
MGRC earnings call for the period ending December 31, 2024.
Via The Motley Fool · February 19, 2025
McGrath Announces Results for Fourth Quarter 2024 and Announces 34th Annual Dividend Increase
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended December 31, 2024 of $243.7 million, an increase of 10% compared to the fourth quarter of 2023. The Company reported net income from continuing operations of $38.9 million, or $1.58 per diluted share, for the fourth quarter of 2024, compared to net income from continuing operations of $32.0 million, or $1.30 per diluted share, for the fourth quarter of 2023.
By McGrath RentCorp · Via Business Wire · February 19, 2025
Earnings Scheduled For February 19, 2025benzinga.com
Via Benzinga · February 19, 2025
McGrath Celebrates 40th Listing Anniversary
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the completion of the major milestone of its 40th anniversary listed on the Nasdaq.
By McGrath RentCorp · Via Business Wire · February 10, 2025
McGrath Fourth Quarter Earnings and Conference Call Scheduled for February 19, 2025
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its fourth quarter ending December 31, 2024, after the close of regular market trading on Wednesday, February 19, 2025.
By McGrath RentCorp · Via Business Wire · January 30, 2025
McGrath Appoints Philip B. Hawkins to Chief Operating Officer
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, a leading business-to-business rental company in North America, today announced the appointment of Philip B. Hawkins to Chief Operating Officer (COO).
By McGrath RentCorp · Via Business Wire · January 16, 2025
McGrath to Present at CJS Securities 25th Annual New Ideas for the New Year Conference
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP and Chief Financial Officer, will present at the CJS Securities 25th Annual New Ideas for the New Year Conference on Tuesday, January 14, 2025. The Company will be presenting at 1:35 p.m. ET.
By McGrath RentCorp · Via Business Wire · January 7, 2025
McGrath Declares Quarterly Dividend
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the Board of Directors’ declaration of a quarterly cash dividend of $0.475 per common share for the quarter ending December 31, 2024. The dividend will be payable on January 31, 2025 to all shareholders of record on January 17, 2025. The year 2025 marks 33 consecutive years that McGrath RentCorp has raised its dividend to shareholders.
By McGrath RentCorp · Via Business Wire · December 12, 2024
McGrath to Participate in the Oppenheimer Midwest Virtual Summit
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP, and Chief Financial Officer, will participate in investor meetings at the Oppenheimer Midwest Virtual Summit on Wednesday, December 11, 2024.
By McGrath RentCorp · Via Business Wire · December 9, 2024
McGrath to Participate in the Wolfe Research Small and Mid-Cap Conference
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP, and Chief Financial Officer, will participate in investor meetings at the Wolfe Research Small and Mid-Cap Conference on Thursday, December 5, 2024.
By McGrath RentCorp · Via Business Wire · December 2, 2024
McGrath to Present at the Baird 2024 Global Industrial Conference
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP, and Chief Financial Officer, are scheduled to present at the Baird 2024 Global Industrial Conference on Thursday, November 14, 2024. Conference presentations will not be available via webcast; however, Mr. Hanna and Mr. Pratt’s presentation will be posted under the “Events and Presentations” section of the Company’s website at https://investors.mgrc.com/events-and-presentations on the morning of the scheduled event.
By McGrath RentCorp · Via Business Wire · November 4, 2024
McGrath RentCorp (MGRC) Q3 2024 Earnings Call Transcriptfool.com
MGRC earnings call for the period ending September 30, 2024.
Via The Motley Fool · October 24, 2024
12 Industrials Stocks Moving In Friday's Pre-Market Sessionbenzinga.com
Via Benzinga · October 25, 2024
12 Industrials Stocks Moving In Thursday's After-Market Sessionbenzinga.com
Via Benzinga · October 24, 2024
McGrath Announces Results for Third Quarter 2024
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended September 30, 2024 of $266.8 million, an increase of 10% compared to the third quarter of 2023. The Company reported net income from continuing operations of $149.3 million, or $6.08 per diluted share, for the third quarter of 2024, compared to net income from continuing operations of $40.4 million, or $1.65 per diluted share, for the third quarter of 2023. Excluding the $180.0 million merger termination payment received from WillScot Mobile Mini and $39.4 million in transaction costs incurred during the quarter, net of provision for income taxes, the Company reported net income from continuing operations of $45.9 million, or $1.87 per diluted share.
By McGrath RentCorp · Via Business Wire · October 24, 2024
McGrath Sets Third Quarter 2024 Financial Results Date and Time
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its third quarter ending September 30, 2024, after the close of regular market trading on Thursday, October 24, 2024.
By McGrath RentCorp · Via Business Wire · September 26, 2024
Why McGrath RentCorp Stock Slumped on Wednesdayfool.com
The company won't be acquired after all.
Via The Motley Fool · September 18, 2024
WillScot And McGrath Scrap Merger Amid Regulatory Hurdles; Pivot To Stock Buybacksbenzinga.com
McGrath, WillScot announced termination of merger. WillScot's Board expands repurchase program to $1B. McGrath will receive $180 million termination fee from WillScot.
Via Benzinga · September 18, 2024
McGrath Confirms Agreement to Terminate Pending Merger with WillScot
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today confirmed that WillScot Holdings Corporation (“WillScot”) (Nasdaq: WSC) and the Company mutually agreed to terminate their previously announced merger agreement. In accordance with the terms of the merger agreement, McGrath is receiving a termination fee of $180 million.
By McGrath RentCorp · Via Business Wire · September 18, 2024
WillScot and McGrath RentCorp Mutually Agree to Terminate Previously Announced Combination
WillScot Remains Focused on Executing $1 Billion of Idiosyncratic Growth Opportunities
By WillScot · Via GlobeNewswire · September 18, 2024
McGrath Declares Quarterly Dividend
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the Board of Directors’ declaration of a quarterly cash dividend of $0.475 per common share for the quarter ended September 30, 2024. The dividend will be payable on October 31, 2024 to all shareholders of record on October 17, 2024. The year 2024 marks 33 consecutive years that McGrath RentCorp has raised its dividend to shareholders.
By McGrath RentCorp · Via Business Wire · September 9, 2024
McGrath Announces Board Leadership Update
McGrath RentCorp (“McGrath”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Elizabeth A. Fetter resigned from the McGrath board of directors on August 1, 2024, for personal reasons after serving over ten years on the board.
By McGrath RentCorp · Via Business Wire · August 2, 2024
McGrath RentCorp (MGRC) Q2 2024 Earnings Call Transcriptfool.com
MGRC earnings call for the period ending June 30, 2024.
Via The Motley Fool · July 25, 2024