MARKET COMPOSITE
MGRC - McGrath Rentcorp8:00:00 PM 4/24/2024
Price
$108.53
+ 0.60 (0.56%)
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, electronic test equipment and related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, 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; and portable storage containers. 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 Adler Tanks segment rents fixed axle steel tanks for storing groundwater, wastewater, volatile organic liquids, sewage, slurry and bio sludge, oil and water mixtures, and chemicals; vacuum containers for sludge and solid materials; dewatering boxes for the separation of water contained in sludge and slurry; and roll-off and trash boxes for temporary storage and transportation of solid waste. The Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. McGrath RentCorp was founded in 1979 and is headquartered in Livermore, California.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue221.6MM-9%
Gross Profit110.1MM-1%
Cost Of Revenue39.3MM-26%
Operating Income55.7MM-16%
Operating Expenses54.4MM-
Net Income32MM-21%
G&A54.5MM+12%
Stock Chart

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Stock news

    McGrath RentCorp (NASDAQ:MGRC) recently announced a dividend of $0.48 per share, payable on 2024-04-30, with the ex-dividend date set for 2024-04-15. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into McGrath RentCorp's dividend performance and assess its sustainability.

    LIVERMORE, Calif., April 04, 2024--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 first quarter ending March 31, 2024, after the close of regular market trading on Thursday, April 25, 2024.

    McGrath RentCorp (NASDAQ:MGRC) Q4 2023 Earnings Call Transcript February 21, 2024 McGrath RentCorp isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp Fourth Quarter 2023 Earnings Conference Call. […]

    Q4 2023 McGrath RentCorp Earnings Call

    MGRC earnings call for the period ending December 31, 2023.

    MGRC Reports 21% Revenue Increase and Marks 33rd Consecutive Year of Dividend Growth

    LIVERMORE, Calif., February 21, 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 December 31, 2023 of $221.6 million, an increase of 21% compared to the fourth quarter of 2022. The Company reported net income from continuing operations of $32.0 million, or $1.30 per diluted share, for the fourth quarter of 2023, compared to net income

    Record Financial Performance in 2023 with Strong Growth and Execution Continuing in 2024PHOENIX, Feb. 20, 2024 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in innovative flexible space solutions, today announced fourth quarter and full year 2023 results and provided an update on operations and the current market environment, including the following highlights: Q4 2023 Revenue increased 4% to $612 millio

    Company to Host Investor Day Later This YearPHOENIX, Feb. 05, 2024 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary space solutions, today announced that it will release its fourth quarter and fiscal year 2023 financial results on February 20, 2024, after market close. President and Chief Executive Officer, Brad Soultz, and Chief Financial Officer, Tim Boswell will host a conference call and webcast

    LIVERMORE, Calif., February 01, 2024--McGrath RentCorp ("McGrath" or the "Company") (Nasdaq: MGRC), a leading business-to-business rental company, today announced plans to release financial results for its fourth quarter ending December 31, 2023, after the close of regular market trading on Wednesday, February 21, 2024.