McGrath RentCorp (MGRC) Projected to Release Earnings on Wednesday

McGrath RentCorp (NASDAQ:MGRC) is expected to release its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of $1.89 per share and revenue of $273.25 million for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.

McGrath RentCorp (NASDAQ:MGRC) last issued its earnings results on Wednesday, July 29th. The financial services provider reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.10). McGrath RentCorp had a return on equity of 12.44% and a net margin of 16.38%. The firm had revenue of $221.11 million for the quarter, compared to analyst estimates of $236.51 million. On average, analysts expect McGrath RentCorp to post $6.37 EPS for the current fiscal year and $7.04 EPS for the next fiscal year.

McGrath RentCorp Price Performance

McGrath RentCorp stock opened at $117.16 on Monday. McGrath RentCorp has a 1-year low of $94.99 and a 1-year high of $125.83. The stock has a market cap of $2.86 billion, a PE ratio of 18.87, a P/E/G ratio of 1.19 and a beta of 0.47. The stock’s fifty day moving average is $113.58 and its two-hundred day moving average is $114.82.

McGrath RentCorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be given a dividend of $0.4950 per share. This represents a $1.98 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, October 16th. McGrath RentCorp’s dividend payout ratio is currently 31.88%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised McGrath RentCorp from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $140.00.

Insider Buying and Selling at McGrath RentCorp

In other McGrath RentCorp news, CEO Philip B. Hawkins sold 4,435 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $120.91, for a total value of $536,235.85. Following the completion of the transaction, the chief executive officer owned 13,371 shares in the company, valued at $1,616,687.61. This represents a 24.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Joseph Hanna sold 7,500 shares of the business’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $115.04, for a total value of $862,800.00. Following the completion of the sale, the director directly owned 144,049 shares of the company’s stock, valued at $16,571,396.96. The trade was a 4.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 13,935 shares of company stock worth $1,639,856 over the last 90 days. Corporate insiders own 1.40% of the company’s stock.

McGrath RentCorp Company Profile

McGrath RentCorp was a business-to-business rental company that provided modular buildings, portable storage, electronic test equipment and related products. Its modular building offerings served customers needing temporary or permanent space, including classrooms, offices, healthcare facilities and other commercial or institutional applications.

Through brands such as Mobile Modular, the company rented relocatable buildings and portable storage units, while its TRS-RenTelco business provided electronic test and measurement equipment to telecommunications, electronics, aerospace, defense and other industrial customers.