Q1 EPS Estimates for McGrath RentCorp Increased by Sidoti

McGrath RentCorp (NASDAQ:MGRC) – Analysts at Sidoti raised their Q1 2026 earnings estimates for shares of McGrath RentCorp in a research report issued to clients and investors on Friday, February 27th. Sidoti analyst M. Riddick now forecasts that the financial services provider will post earnings of $1.23 per share for the quarter, up from their previous estimate of $1.10. The consensus estimate for McGrath RentCorp’s current full-year earnings is $6.18 per share. Sidoti also issued estimates for McGrath RentCorp’s Q2 2026 earnings at $1.63 EPS, Q3 2026 earnings at $1.79 EPS, Q4 2026 earnings at $1.94 EPS, FY2026 earnings at $6.58 EPS, Q1 2027 earnings at $1.18 EPS, Q2 2027 earnings at $1.81 EPS, Q3 2027 earnings at $1.97 EPS and Q4 2027 earnings at $2.12 EPS.

McGrath RentCorp (NASDAQ:MGRC) last released its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.28. The firm had revenue of $256.76 million for the quarter, compared to analyst estimates of $254.32 million. McGrath RentCorp had a net margin of 16.55% and a return on equity of 13.21%.

A number of other research firms have also commented on MGRC. Zacks Research raised McGrath RentCorp from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 15th. Barclays assumed coverage on shares of McGrath RentCorp in a research report on Wednesday, February 11th. They set an “overweight” rating and a $140.00 price target on the stock. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of McGrath RentCorp in a research report on Tuesday, January 27th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $141.50.

McGrath RentCorp Price Performance

NASDAQ MGRC opened at $110.20 on Monday. The stock’s 50 day simple moving average is $112.16 and its 200 day simple moving average is $112.85. McGrath RentCorp has a one year low of $94.99 and a one year high of $128.41. The firm has a market cap of $2.71 billion, a PE ratio of 17.35, a price-to-earnings-growth ratio of 1.10 and a beta of 0.50.

Institutional Trading of McGrath RentCorp

Institutional investors and hedge funds have recently modified their holdings of the stock. River Road Asset Management LLC lifted its position in McGrath RentCorp by 3.1% during the 4th quarter. River Road Asset Management LLC now owns 2,131,121 shares of the financial services provider’s stock worth $223,619,000 after buying an additional 64,566 shares in the last quarter. Vision One Management Partners LP increased its position in shares of McGrath RentCorp by 133.8% in the fourth quarter. Vision One Management Partners LP now owns 54,746 shares of the financial services provider’s stock valued at $5,744,000 after acquiring an additional 31,334 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in McGrath RentCorp during the fourth quarter worth about $348,000. Voloridge Investment Management LLC raised its holdings in McGrath RentCorp by 237.1% during the fourth quarter. Voloridge Investment Management LLC now owns 44,165 shares of the financial services provider’s stock worth $4,634,000 after acquiring an additional 31,063 shares in the last quarter. Finally, Millennium Management LLC boosted its position in McGrath RentCorp by 0.5% during the fourth quarter. Millennium Management LLC now owns 51,504 shares of the financial services provider’s stock valued at $5,404,000 after purchasing an additional 266 shares during the last quarter. 92.05% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other McGrath RentCorp news, SVP Gilda Malek sold 829 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $107.29, for a total value of $88,943.41. Following the transaction, the senior vice president directly owned 4,068 shares of the company’s stock, valued at approximately $436,455.72. This trade represents a 16.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.40% of the stock is owned by corporate insiders.

McGrath RentCorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be paid a dividend of $0.495 per share. This represents a $1.98 dividend on an annualized basis and a dividend yield of 1.8%. This is a positive change from McGrath RentCorp’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Thursday, April 16th. McGrath RentCorp’s payout ratio is presently 30.55%.

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.