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Mcgrath Rentcorp - MGRC STOCK NEWS

Welcome to our dedicated page for Mcgrath Rentcorp news (Ticker: MGRC), a resource for investors and traders seeking the latest updates and insights on Mcgrath Rentcorp stock.

McGrath RentCorp (symbol: MGRC) is a diversified business-to-business rental provider, founded in 1979 and headquartered in Livermore, California. The company operates several specialized units that cater to different market needs:

  • Mobile Modular Management Corporation: Provides relocatable modular buildings for rent, lease, or purchase. These modular solutions are ideal for businesses requiring temporary or permanent space solutions. Explore more at mobilemodularrents.com.
  • Mobile Modular Portable Storage: Specializes in portable storage containers and office/storage combinations available for rent, lease, or purchase. For more details, visit mobilemodularrents-portablestorage.com.
  • TRS-RenTelco: Offers rental, lease, and sale of electronic test and measurement equipment for general and communication-specific needs. Learn more at trs-rentelco.com.
  • Enviroplex, Inc.: Manufactures Division of the State Architect (DSA) approved modular buildings for public and private schools across California. Further information can be found at enviroplexi.com.
  • Adler Tank Rentals: Provides containment solutions for the storage of hazardous and non-hazardous liquids and solids.

McGrath RentCorp's business model primarily revolves around renting out its specialized equipment on operating leases, while equipment sales happen as part of regular business activities. The company's revenues majorly stem from these rental services, making it a reliable partner for various industries in need of temporary and flexible solutions.

Recent achievements include participation in the Sidoti & Company Small-Cap Conference, showcasing its growth and potential to investors. This reflects McGrath RentCorp's ongoing commitment to expanding its market reach and enhancing shareholder value.

Rhea-AI Summary
McGrath RentCorp plans to release financial results for Q3 2023 on October 26, 2023. A conference call will be held to discuss the results. Access details provided.
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Sidoti Events, LLC releases presentation schedule and weblinks for September Small-Cap Conference
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McGrath RentCorp declares quarterly cash dividend of $0.465 per common share, marking 32 consecutive years of dividend raises.
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McGrath RentCorp announces CFO's participation in investor conference
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McGrath RentCorp announces acquisition of Inland Leasing and Storage, adding 600 assets to its portable storage operations in Colorado.
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FAQ

What is the current stock price of Mcgrath Rentcorp (MGRC)?

The current stock price of Mcgrath Rentcorp (MGRC) is $116.81 as of November 15, 2024.

What is the market cap of Mcgrath Rentcorp (MGRC)?

The market cap of Mcgrath Rentcorp (MGRC) is approximately 2.9B.

What services does McGrath RentCorp provide?

McGrath RentCorp offers modular buildings, portable storage, electronic test equipment, containment solutions, and modular classrooms for rent, lease, or purchase.

Where is McGrath RentCorp headquartered?

McGrath RentCorp is headquartered in Livermore, California.

When was McGrath RentCorp founded?

McGrath RentCorp was founded in 1979.

What are the main business segments of McGrath RentCorp?

The main business segments are Mobile Modular, Mobile Modular Portable Storage, TRS-RenTelco, Enviroplex, and Adler Tank Rentals.

How does McGrath RentCorp generate its revenues?

McGrath RentCorp generates revenues primarily from the rental of its specialized equipment through operating leases, with additional income from equipment sales.

What is Mobile Modular Management Corporation?

Mobile Modular Management Corporation provides relocatable modular buildings for rent, lease, or purchase.

What type of equipment does TRS-RenTelco offer?

TRS-RenTelco offers electronic test and measurement equipment for both general and communication-specific needs.

Who are the customers of Enviroplex, Inc.?

Enviroplex, Inc. serves public and private schools throughout California with DSA-approved modular buildings.

What recent events has McGrath RentCorp participated in?

McGrath RentCorp recently participated in the Sidoti & Company Small-Cap Conference, highlighting its market presence and potential.

What is Adler Tank Rentals known for?

Adler Tank Rentals provides containment solutions for the storage of hazardous and non-hazardous liquids and solids.

Mcgrath Rentcorp

Nasdaq:MGRC

MGRC Rankings

MGRC Stock Data

2.91B
24.55M
1.27%
86.45%
2.3%
Rental & Leasing Services
Services-equipment Rental & Leasing, Nec
Link
United States of America
LIVERMORE