Equities Analysts Offer Predictions for MGRC Q1 Earnings

McGrath RentCorp (NASDAQ:MGRC) – Research analysts at Sidoti Csr issued their Q1 2025 EPS estimates for McGrath RentCorp in a note issued to investors on Thursday, February 20th. Sidoti Csr analyst M. Riddick forecasts that the financial services provider will post earnings per share of $1.02 for the quarter. The consensus estimate for McGrath RentCorp’s current full-year earnings is $6.18 per share. Sidoti Csr also issued estimates for McGrath RentCorp’s Q2 2025 earnings at $1.24 EPS, Q3 2025 earnings at $2.01 EPS, Q4 2025 earnings at $1.93 EPS, FY2025 earnings at $6.19 EPS, Q1 2026 earnings at $0.97 EPS, Q2 2026 earnings at $1.58 EPS, Q3 2026 earnings at $2.10 EPS, Q4 2026 earnings at $2.07 EPS and FY2026 earnings at $6.73 EPS.

McGrath RentCorp (NASDAQ:MGRC) last issued its earnings results on Wednesday, February 19th. The financial services provider reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.08. McGrath RentCorp had a net margin of 25.44% and a return on equity of 13.68%. The firm had revenue of $243.75 million during the quarter, compared to analysts’ expectations of $246.93 million.

A number of other research firms have also recently weighed in on MGRC. CJS Securities assumed coverage on shares of McGrath RentCorp in a report on Wednesday, December 11th. They issued an “outperform” rating and a $152.00 price objective for the company. Oppenheimer lifted their price objective on shares of McGrath RentCorp from $124.00 to $139.00 and gave the company an “outperform” rating in a report on Friday, November 22nd. Finally, StockNews.com cut shares of McGrath RentCorp from a “buy” rating to a “hold” rating in a report on Thursday, February 20th.

McGrath RentCorp Stock Performance

MGRC opened at $125.25 on Monday. McGrath RentCorp has a fifty-two week low of $95.50 and a fifty-two week high of $129.93. The company has a fifty day moving average of $118.08 and a two-hundred day moving average of $113.50. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 13.28, a PEG ratio of 1.35 and a beta of 0.77.

Institutional Trading of McGrath RentCorp

Institutional investors have recently modified their holdings of the stock. Dynamic Technology Lab Private Ltd acquired a new stake in shares of McGrath RentCorp in the third quarter valued at about $816,000. Asset Management One Co. Ltd. acquired a new position in McGrath RentCorp during the fourth quarter worth about $3,833,000. Sanctuary Advisors LLC acquired a new position in McGrath RentCorp during the third quarter worth about $548,000. One Wealth Advisors LLC boosted its position in McGrath RentCorp by 40.1% during the fourth quarter. One Wealth Advisors LLC now owns 16,857 shares of the financial services provider’s stock worth $1,885,000 after acquiring an additional 4,824 shares during the last quarter. Finally, Intech Investment Management LLC acquired a new position in McGrath RentCorp during the third quarter worth about $797,000. Institutional investors and hedge funds own 92.05% of the company’s stock.

Insider Activity

In other news, VP Gilda Malek sold 919 shares of McGrath RentCorp stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $121.78, for a total value of $111,915.82. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.60% of the company’s stock.

McGrath RentCorp Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a $0.485 dividend. This is a positive change from McGrath RentCorp’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.94 annualized dividend and a dividend yield of 1.55%. McGrath RentCorp’s dividend payout ratio (DPR) is 20.57%.

About McGrath RentCorp

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.