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MGRC Stock Forecast: McGrath RentCorp Price Predictions for 2026

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$109.31

+0.43 (0.39%)

MGRC Stock Forecast 2026-2027

$109.31
Current Price
$2.68B
Market Cap
3 Ratings
Buy 3
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to MGRC Price Targets

+37.2%
To High Target of $150.00
+33.6%
To Median Target of $146.00
+28.1%
To Low Target of $140.00

MGRC Price Momentum

+2.2%
1 Week Change
-4.6%
1 Month Change
-5.9%
1 Year Change
+4.2%
Year-to-Date Change
-14.9%
From 52W High of $128.41
+15.1%
From 52W Low of $94.99
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Latest MGRC Stock Price Targets & Analyst Predictions

Based on our analysis of 4 Wall Street analysts, MGRC has a bullish consensus with a median price target of $146.00 (ranging from $140.00 to $150.00). The overall analyst rating is Strong Buy (8.7/10). Currently trading at $109.31, the median forecast implies a 33.6% upside. This outlook is supported by 3 Buy, 0 Hold, and 0 Sell ratings.

Conversely, the most conservative target is provided by Manav Patnaik at Barclays, suggesting a 28.1% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

MGRC Analyst Ratings

3
Buy
0
Hold
0
Sell

MGRC Price Target Range

Low
$140.00
Average
$146.00
High
$150.00
Current: $109.31

Latest MGRC Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for MGRC.

Date Firm Analyst Rating Change Price Target
Feb 12, 2026 Barclays Manav Patnaik Overweight Initiates $140.00
Sep 18, 2025 Oppenheimer Outperform Maintains $N/A
Dec 11, 2024 CJS Securities Daniel Moore Market Outperform Assumes $152.00
Nov 22, 2024 Oppenheimer Outperform Maintains $N/A
Oct 25, 2024 Oppenheimer Outperform Maintains $N/A
Sep 25, 2024 Oppenheimer Scott Schneeberger Outperform Reinstates $120.00
Oct 6, 2023 Oppenheimer Outperform Maintains $N/A
Feb 23, 2023 Oppenheimer Outperform Maintains $N/A
Feb 2, 2023 Sidoti & Co. Buy Upgrade $N/A
Nov 16, 2022 Sidoti & Co. Neutral Downgrade $N/A
Aug 12, 2020 Oppenheimer Outperform Upgrade $N/A
Feb 4, 2020 Sidoti & Co. Buy Maintains $N/A
Sep 12, 2019 Sidoti & Co. Buy Maintains $N/A
Jul 31, 2019 Sidoti & Co. Buy Maintains $N/A
Sep 19, 2018 Berenberg Buy Initiates $N/A
Sep 14, 2016 Sidoti & Co. Buy Maintains $N/A
Jan 8, 2016 Sidoti & Co. Buy Upgrade $N/A
Nov 4, 2015 Keybanc Sector Weight Downgrade $N/A
Nov 4, 2015 KeyBanc Sector Weight Downgrade $N/A
May 8, 2014 Keybanc Buy Upgrade $N/A

McGrath RentCorp (MGRC) Competitors

The following stocks are similar to McGrath RentCorp based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

McGrath RentCorp (MGRC) Financial Data

McGrath RentCorp has a market capitalization of $2.68B with a P/E ratio of 17.3x. The company generates $947.36M in trailing twelve-month revenue with a 16.4% profit margin.

Revenue growth is +1.6% quarter-over-quarter, while maintaining an operating margin of +21.9% and return on equity of +13.1%.

Valuation Metrics

Market Cap $2.68B
Enterprise Value $3.22B
P/E Ratio 17.3x
PEG Ratio -4.0x
Price/Sales 2.8x

Growth & Margins

Revenue Growth (YoY) +1.6%
Gross Margin +48.8%
Operating Margin +21.9%
Net Margin +16.4%
EPS Growth -4.2%

Financial Health

Cash/Price Ratio +0.1%
Current Ratio 2.0x
Debt/Equity 44.1x
ROE +13.1%
ROA +6.5%
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McGrath RentCorp logo

McGrath RentCorp (MGRC) Business Model

About McGrath RentCorp

What They Do

Provides equipment rental and leasing services.

Business Model

The company generates revenue by renting out modular buildings, electronic test equipment, and software solutions to various industries. Its business model focuses on offering flexible rental options that allow clients to reduce capital expenditures while maintaining operational efficiency.

Additional Information

McGrath RentCorp serves a wide range of sectors including construction, energy, telecommunications, manufacturing, and government. With a network of regional offices and a diverse fleet of equipment, the company is well-positioned to cater to both small contractors and large enterprises.

Company Information

Sector

Industrials

Industry

Rental & Leasing Services

Employees

1,219

CEO

Mr. Joseph F. Hanna

Country

United States

IPO Year

1990

McGrath RentCorp (MGRC) Latest News & Analysis

Latest News

MGRC stock latest news image
Quick Summary

McGrath RentCorp (Nasdaq: MGRC) declared a quarterly cash dividend of $0.495 per share for Q2 2026, payable on July 31, 2026, to shareholders of record by July 17, 2026.

Why It Matters

McGrath RentCorp's consistent dividend increase signals financial stability and shareholder value, potentially attracting income-focused investors and boosting stock appeal.

Source: Business Wire
Market Sentiment: Neutral
MGRC stock latest news image
Quick Summary

McGrath RentCorp (Nasdaq: MGRC) secured a $725 million credit facility, maturing on May 8, 2031, replacing its previous $650 million line of credit. Bank of America led the arrangement.

Why It Matters

McGrath RentCorp's new $725 million credit facility enhances liquidity and financial flexibility, potentially supporting growth initiatives and stability, which can positively influence stock performance.

Source: Business Wire
Market Sentiment: Neutral
MGRC stock latest news image
Quick Summary

McGrath RentCorp (Nasdaq: MGRC) will participate in the Oppenheimer 21st Annual Industrial Growth Conference virtually on May 6, 2026. The company is a leading B2B rental firm in North America.

Why It Matters

McGrath RentCorp's participation in a major industry conference highlights its visibility and credibility, potentially attracting investor interest and impacting stock performance.

Source: Business Wire
Market Sentiment: Neutral
MGRC stock latest news image
Quick Summary

McGrath RentCorp (MGRC) held its Q1 2026 earnings call, discussing financial performance and business outlook. Further details can be found in the full transcript.

Why It Matters

The Q1 2026 earnings call for McGrath RentCorp provides insights into financial performance, growth prospects, and operational strategies, influencing investor sentiment and stock valuation.

Source: Seeking Alpha
Market Sentiment: Neutral
MGRC stock latest news image
Quick Summary

McGrath RentCorp reported Q1 2026 revenues of $198.5 million, up 2% from Q1 2025. Net income was $27.0 million ($1.10/share), down from $28.2 million ($1.15/share) in Q1 2025.

Why It Matters

McGrath RentCorp's revenue growth and stable net income indicate resilience, but the slight dip in earnings per share may raise concerns about profit margins, affecting investor sentiment.

Source: Business Wire
Market Sentiment: Neutral
MGRC stock latest news image
Quick Summary

McGrath (MGRC) reported quarterly earnings of $1.1 per share, below the Zacks Consensus Estimate of $1.13, and down from $1.15 per share a year earlier.

Why It Matters

McGrath's earnings miss signals potential weakness in profitability, which may lead to negative market reactions and impact future growth projections.

Source: Zacks Investment Research
Market Sentiment: Negative

Frequently Asked Questions About MGRC Stock

What is McGrath RentCorp's (MGRC) stock forecast for 2026?

Based on our analysis of 4 Wall Street analysts, McGrath RentCorp (MGRC) has a median price target of $146.00. The highest price target is $150.00 and the lowest is $140.00.

Is MGRC stock a good investment in 2026?

According to current analyst ratings, MGRC has 3 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $109.31. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for MGRC stock?

Wall Street analysts predict MGRC stock could reach $146.00 in the next 12 months. This represents a 33.6% increase from the current price of $109.31. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is McGrath RentCorp's business model?

The company generates revenue by renting out modular buildings, electronic test equipment, and software solutions to various industries. Its business model focuses on offering flexible rental options that allow clients to reduce capital expenditures while maintaining operational efficiency.

What is the highest forecasted price for MGRC McGrath RentCorp?

The highest price target for MGRC is $150.00 from at , which represents a 37.2% increase from the current price of $109.31.

What is the lowest forecasted price for MGRC McGrath RentCorp?

The lowest price target for MGRC is $140.00 from Manav Patnaik at Barclays, which represents a 28.1% increase from the current price of $109.31.

What is the overall MGRC consensus from analysts for McGrath RentCorp?

The overall analyst consensus for MGRC is bullish. Out of 4 Wall Street analysts, 3 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $146.00.

How accurate are MGRC stock price projections?

Stock price projections, including those for McGrath RentCorp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: June 9, 2026 3:16 AM UTC
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