McGrath RentCorp (MGRC) Expected to Release Earnings on Wednesday

McGrath RentCorp (NASDAQ:MGRC) is projected to post its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to announce earnings of $1.46 per share and revenue of $236.5150 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

McGrath RentCorp (NASDAQ:MGRC) last issued its earnings results on Wednesday, April 29th. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.13 by ($0.03). McGrath RentCorp had a net margin of 16.38% and a return on equity of 12.84%. The firm had revenue of $198.54 million during the quarter, compared to the consensus estimate of $198.19 million. On average, analysts expect McGrath RentCorp to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

McGrath RentCorp Price Performance

Shares of NASDAQ MGRC opened at $116.63 on Wednesday. The stock has a market capitalization of $2.86 billion, a PE ratio of 18.51, a P/E/G ratio of 1.19 and a beta of 0.43. McGrath RentCorp has a one year low of $94.99 and a one year high of $128.41. The business’s fifty day moving average price is $114.68 and its 200-day moving average price is $112.85.

McGrath RentCorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be paid a $0.495 dividend. This represents a $1.98 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Friday, July 17th. McGrath RentCorp’s payout ratio is currently 31.43%.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of McGrath RentCorp from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $141.50.

Insider Buying and Selling at McGrath RentCorp

In other McGrath RentCorp news, CAO David M. Whitney sold 3,783 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $113.65, for a total transaction of $429,937.95. Following the sale, the chief accounting officer owned 6,533 shares in the company, valued at $742,475.45. This represents a 36.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Gilda Malek sold 1,407 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $114.04, for a total value of $160,454.28. Following the completion of the transaction, the senior vice president directly owned 8,018 shares of the company’s stock, valued at $914,372.72. The trade was a 14.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 30,051 shares of company stock worth $3,486,240. Company insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Channing Capital Management LLC increased its position in shares of McGrath RentCorp by 39.1% during the fourth quarter. Channing Capital Management LLC now owns 836,894 shares of the financial services provider’s stock valued at $87,815,000 after buying an additional 235,311 shares during the period. Alyeska Investment Group L.P. boosted its position in shares of McGrath RentCorp by 752.5% in the fourth quarter. Alyeska Investment Group L.P. now owns 237,506 shares of the financial services provider’s stock valued at $24,922,000 after acquiring an additional 209,646 shares during the period. Raymond James Financial Inc. boosted its position in shares of McGrath RentCorp by 102.8% in the third quarter. Raymond James Financial Inc. now owns 303,205 shares of the financial services provider’s stock valued at $35,566,000 after acquiring an additional 153,701 shares during the period. Ameriprise Financial Inc. boosted its position in shares of McGrath RentCorp by 1,139.8% in the second quarter. Ameriprise Financial Inc. now owns 116,890 shares of the financial services provider’s stock valued at $13,555,000 after acquiring an additional 107,462 shares during the period. Finally, Snyder Capital Management L P grew its stake in McGrath RentCorp by 22.5% during the fourth quarter. Snyder Capital Management L P now owns 469,048 shares of the financial services provider’s stock valued at $49,217,000 after acquiring an additional 86,035 shares in the last quarter. Institutional investors own 92.05% of the company’s stock.

McGrath RentCorp Company Profile

McGrath RentCorp, through its subsidiaries, provides rental, sales, and servicing of equipment for commercial, industrial, environmental, and residential markets. The company operates primarily through two segments—mobile storage and water management—offering flexible solutions for customers requiring on-site storage, water transport, treatment, and dewatering services.

In its mobile storage segment, McGrath RentCorp supplies portable storage containers and modular office units to sectors including construction, retail, government, and disaster restoration.