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Home โบ Stocks โบ McGrath RentCorp (MGRC) Stock Forecast & Price Prediction United States | NASDAQ | Industrials | Rental & Leasing Services
$109.31
+0.43 (0.39%)Did MGRC Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if McGrath RentCorp is one of their latest high-conviction picks.
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.
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 |
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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%.
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Provides equipment rental and leasing services.
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.
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.
Industrials
Rental & Leasing Services
1,219
Mr. Joseph F. Hanna
United States
1990
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.
McGrath RentCorp's consistent dividend increase signals financial stability and shareholder value, potentially attracting income-focused investors and boosting stock appeal.
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.
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.
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.
McGrath RentCorp's participation in a major industry conference highlights its visibility and credibility, potentially attracting investor interest and impacting stock performance.
McGrath RentCorp (MGRC) held its Q1 2026 earnings call, discussing financial performance and business outlook. Further details can be found in the full transcript.
The Q1 2026 earnings call for McGrath RentCorp provides insights into financial performance, growth prospects, and operational strategies, influencing investor sentiment and stock valuation.
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.
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.
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.
McGrath's earnings miss signals potential weakness in profitability, which may lead to negative market reactions and impact future growth projections.
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.
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.
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.
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.
The highest price target for MGRC is $150.00 from at , which represents a 37.2% increase from the current price of $109.31.
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.
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.
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.
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.