WillScot Mobile Mini to Acquire McGrath RentCorpWillScot Mobile Mini Holdings Corp. (NASDAQ: NASDAQ:WSC ) has announced a groundbreaking agreement to acquire McGrath RentCorp (NASDAQ: NASDAQ:MGRC ), a prominent business-to-business rental company based in Livermore, California. The deal, valued at $3.8 billion, is structured as a combination of
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9.44 USD
231.73 M USD
910.94 M USD
24.18 M
About McGrath RentCorp
Sector
Industry
CEO
Joseph F. Hanna
Website
Headquarters
Livermore
Founded
1979
FIGI
BBG000BP02D2
McGrath RentCorp engages in the provision of business-to-business rental services. It operates through the following segments: Mobile Modular, TRS-RenTelco, Portable Storage, and Enviroplex. The Mobile Modular segment focuses on modular building and portable storage. The TRS-RenTelco segment includes operations for its electronic test equipment. The Portable Storage segment includes rental inventory consisting of steel containers used to provide a temporary storage solution that is delivered to the customer’s location and addresses the need for secure, temporary storage with immediate access to the unit. The Enviroplex segment is involved in the classroom manufacturing business selling modular buildings used primarily as classrooms in California. The company was founded by Robert P. McGrath in 1979 and is headquartered in Livermore, CA.
MGRCFounded in 1979, McGrath is a diversified business-to-business rental company that rents and sells relocatable modular buildings, storage containers and offices, and electronic test equipment. We operate through five divisions: Mobile Modular, Mobile Modular Portable Storage, TRS-RenTelco, KitchensT
long positions on MGRC are looking long term favourable for me, the Industrials sector has always been one of my favourites. A sector that has remained the backbone of world growth since time immemorial. Also, personally, I recognize it as a sector, in which companies are not only financially regulated, but there are many other regulations they need to
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Frequently Asked Questions
The current price of MGRC is 101.86 USD — it has decreased by −2.03% in the past 24 hours. Watch McGrath RentCorp stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange McGrath RentCorp stocks are traded under the ticker MGRC.
MGRC stock has fallen by −2.44% compared to the previous week, the month change is a −10.33% fall, over the last year McGrath RentCorp has showed a −7.63% decrease.
We've gathered analysts' opinions on McGrath RentCorp future price: according to them, MGRC price has a max estimate of 152.00 USD and a min estimate of 139.00 USD. Watch MGRC chart and read a more detailed McGrath RentCorp stock forecast: see what analysts think of McGrath RentCorp and suggest that you do with its stocks.
MGRC reached its all-time high on Feb 12, 2024 with the price of 130.86 USD, and its all-time low was 0.69 USD and was reached on Dec 3, 1984. View more price dynamics on MGRC chart.
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See other stocks reaching their highest and lowest prices.
MGRC stock is 2.93% volatile and has beta coefficient of 0.74. Track McGrath RentCorp stock price on the chart and check out the list of the most volatile stocks — is McGrath RentCorp there?
Today McGrath RentCorp has the market capitalization of 2.52 B, it has decreased by −0.60% over the last week.
Yes, you can track McGrath RentCorp financials in yearly and quarterly reports right on TradingView.
McGrath RentCorp is going to release the next earnings report on Apr 24, 2025. Keep track of upcoming events with our Earnings Calendar.
MGRC earnings for the last quarter are 1.58 USD per share, whereas the estimation was 1.49 USD resulting in a 6.28% surprise. The estimated earnings for the next quarter are 0.92 USD per share. See more details about McGrath RentCorp earnings.
McGrath RentCorp revenue for the last quarter amounts to 243.75 M USD, despite the estimated figure of 246.93 M USD. In the next quarter, revenue is expected to reach 189.03 M USD.
MGRC net income for the last quarter is 38.95 M USD, while the quarter before that showed 149.32 M USD of net income which accounts for −73.92% change. Track more McGrath RentCorp financial stats to get the full picture.
Yes, MGRC dividends are paid quarterly. The last dividend per share was 0.49 USD. As of today, Dividend Yield (TTM)% is 1.85%. Tracking McGrath RentCorp dividends might help you take more informed decisions.
McGrath RentCorp dividend yield was 1.70% in 2024, and payout ratio reached 20.15%. The year before the numbers were 1.55% and 40.34% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 23, 2025, the company has 1.22 K employees. See our rating of the largest employees — is McGrath RentCorp on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. McGrath RentCorp EBITDA is 342.44 M USD, and current EBITDA margin is 37.59%. See more stats in McGrath RentCorp financial statements.
Like other stocks, MGRC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade McGrath RentCorp stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So McGrath RentCorp technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating McGrath RentCorp stock shows the sell signal. See more of McGrath RentCorp technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.