After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
MGRC belongs to the Industrials sector of the NASDAQ while operating in the Rental & Leasing Services industry. The current market capitalization of McGrath Rentcorp is $2.90B. A total of 0.12 million shares were traded on the day, compared to an average of 185.50K shares.
In the most recent transaction, Malek Gilda sold 919 shares of MGRC for 121.78 per share on Dec 09 ’24. After the transaction, the VP General Counsel and Corpora now owns 0 company shares. In a previous transaction on Dec 09 ’24, Malek Gilda bought 919 shares at 0.00 per share.
Among the insiders who sold shares, HANNA JOSEPH F disposed of 15,840 shares on Nov 06 ’24 at a per-share price of $119.88. This resulted in the President and CEO holding 155,409 shares of MGRC after the transaction. In another insider transaction, HANNA JOSEPH F sold 4,105 shares at $121.73 per share on Nov 07 ’24. Company shares held by the President and CEO now total 151,304.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. McGrath Rentcorp pays an annual dividend of $1.90, resulting in a dividend yield of 1.61%, and it has a price to earnings (P/E) ratio of 12.92. MGRC’s most recent ex-dividend date was 1.6% when it declared a $0.4750 quarterly dividend that was paid in cash on 1/17/2025. Previously, the company paid the dividend on 10/17/2024 with an ex-dividend date of 1.83%. The MGRC stock dividend was $0.4750 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, MGRC has a high of $130.86 and a low of $95.50.
As of this writing, MGRC has an earnings estimate of $1.49 per share for the current quarter. EPS was calculated based on a consensus of 3.0 estimates, with a high estimate of $1.51 per share and a lower estimate of $1.46.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MGRC’s latest balance sheet shows that the firm has $1.49M in Cash & Short Term Investments as of fiscal 2021. There were $426.45M in debt and $195.03M in liabilities at the time. Its Book Value Per Share was $44.56, while its Total Shareholder’s Equity was $732.02M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MGRC is Buy with a score of 5.00.
