McGrath RentCorp (MGRC) to Announce Earnings on Wednesday

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

McGrath RentCorp (NASDAQ:MGRC) last released its quarterly 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 company had revenue of $198.54 million for 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 $119.76 on Monday. The company has a market capitalization of $2.94 billion, a P/E ratio of 19.01, a P/E/G ratio of 1.22 and a beta of 0.43. McGrath RentCorp has a 1-year low of $94.99 and a 1-year high of $128.41. The firm’s 50 day simple moving average is $114.97 and its two-hundred day simple moving average is $113.12.

McGrath RentCorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be given a dividend of $0.495 per share. This represents a $1.98 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, July 17th. McGrath RentCorp’s dividend payout ratio (DPR) is presently 31.43%.

Insider Activity

In related news, insider Trease Kristina Van sold 3,783 shares of McGrath RentCorp stock in a transaction that occurred 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 insider owned 6,533 shares of the company’s stock, valued at approximately $742,475.45. This trade represents a 36.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP John Lieffrig sold 500 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $125.00, for a total value of $62,500.00. Following the completion of the transaction, the vice president directly owned 23,551 shares in the company, valued at approximately $2,943,875. This represents a 2.08% 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 have sold a total of 30,051 shares of company stock valued at $3,486,240 in the last three months. 1.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On McGrath RentCorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. Channing Capital Management LLC raised its stake in shares of McGrath RentCorp by 39.1% in 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 acquiring an additional 235,311 shares during the period. Alyeska Investment Group L.P. lifted its holdings in shares of McGrath RentCorp by 752.5% in the 4th quarter. Alyeska Investment Group L.P. now owns 237,506 shares of the financial services provider’s stock worth $24,922,000 after acquiring an additional 209,646 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of McGrath RentCorp by 102.8% during the 3rd quarter. Raymond James Financial Inc. now owns 303,205 shares of the financial services provider’s stock worth $35,566,000 after purchasing an additional 153,701 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of McGrath RentCorp by 1,139.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 116,890 shares of the financial services provider’s stock worth $13,555,000 after purchasing an additional 107,462 shares during the period. Finally, Snyder Capital Management L P grew its holdings in McGrath RentCorp by 22.5% during the 4th quarter. Snyder Capital Management L P now owns 469,048 shares of the financial services provider’s stock valued at $49,217,000 after purchasing an additional 86,035 shares during the last quarter. Institutional investors own 92.05% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of McGrath RentCorp from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $141.50.

About McGrath RentCorp

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.