This $4 Million Rental Stock Buy Signals Confidence in Data Center Demand
McGrath RentCorp delivers modular buildings, storage, and test equipment rentals to a broad business and institutional client base.
McGrath RentCorp delivers modular buildings, storage, and test equipment rentals to a broad business and institutional client base.
LIVERMORE, Calif--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it has completed a $725 million credit facility with a syndicate of banks. The five-year facility matures on May 8, 2031, and replaces the Company's existing $650 million line of credit. Bank of America, N.A. served as Joint Lead Arranger, Sole Bookrunner and Administrative Agent. U.S. Bank N.A. and Wells Fargo Bank.
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it will participate in the Oppenheimer 21st Annual Industrial Growth Conference that will be held virtually on Wednesday, May 6, 2026. ABOUT MCGRATH: McGrath RentCorp (Nasdaq: MGRC) is a leading business-to-business rental company in North America with a strong record of profitable business growth. Founded in 1979,.
McGrath RentCorp (MGRC) Q1 2026 Earnings Call Transcript
McGrath (MGRC) came out with quarterly earnings of $1.1 per share, missing the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.15 per share a year ago.
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended March 31, 2026 of $198.5 million, an increase of 2% compared to the first quarter of 2025. The Company reported net income of $27.0 million, or $1.10 per diluted share, for the first quarter of 2026, compared to net income of $28.2 million, or $1.15 per diluted share, for the first q.
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its first quarter ending March 31, 2026, after the close of regular market trading on Wednesday, April 29, 2026. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on April 29, 2026, to discuss the results. The conference call may be acc.
McGrath RentCorp maintains a soft "Buy" rating, supported by resilient revenue growth and ongoing strategic initiatives despite recent share price underperformance. Q4 2025 delivered 5.4% revenue growth and broad-based profitability gains, reversing prior year-over-year margin contraction trends. Mobile Modular and TRS-RenTelco segments drove top-line and profit expansion, with pricing power offsetting lower asset utilization rates.
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it will participate in the Sidoti Small Cap Conference that will be held virtually on Thursday, March 19, 2026. ABOUT MCGRATH: McGrath RentCorp (Nasdaq: MGRC) is a leading business-to-business rental company in North America with a strong record of profitable business growth. Founded in 1979, McGrath's operations a.
McGrath RentCorp (MGRC) Q4 2025 Earnings Call Transcript
McGrath (MGRC) came out with quarterly earnings of $2.02 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.58 per share a year ago.
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended December 31, 2025 of $256.8 million, an increase of 5% compared to the fourth quarter of 2024. The Company reported net income of $49.8 million, or $2.02 per diluted share, for the fourth quarter of 2025, compared to net income of $38.9 million, or $1.58 per diluted share, for the fo.
Channing Capital Management LLC boosted its stake in McGrath RentCorp (NASDAQ: MGRC) by 19.8% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 601,583 shares of the financial services provider's stock after buying an additional 99,626 shares during the period.
McGrath RentCorp (MGRC) Presents at Barclays 43rd Annual Industrial Select Conference Transcript
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that its Board of Directors has appointed Executive Vice President and Chief Operating Officer Philip B. Hawkins as President and Chief Executive Officer of McGrath and a member of the McGrath Board. Mr. Hawkins succeeds President and Chief Executive Officer Joseph F. Hanna, who plans to retire on April 3, 2026 and will.
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it will present at the Barclays 43rd Annual Industrial Select Conference that will be held in Miami Beach, FL on Tuesday, February 17, 2026 at 11:00 a.m. ET. A simultaneous webcast and presentation slides will be posted under the “Events and Presentations” section of the Company's website at https://investors.mgrc.
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its fourth quarter ending December 31, 2025, after the close of regular market trading on Wednesday, February 25, 2026. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on February 25, 2026, to discuss the fourth quarter results. The c.