Headquartered in Livermore, CA Fiscal year ends December NASDAQ: MGRC mgrc.com
McGrath RentCorp (Nasdaq: MGRC) is a business-to-business rental company operating in North America. Founded in 1979, the company provides modular building solutions through its Mobile Modular division, portable storage containers through Mobile Modular Portable Storage, and electronic test equipment rentals through TRS-RenTelco. It also manufactures modular buildings for the education sector through its Enviroplex subsidiary. The company's rental product offerings are part of the circular supply economy, helping customers manage space needs efficiently. McGrath has maintained 35 consecutive years of annual dividend increases. The company serves commercial, education, and industrial markets, with TRS-RenTelco particularly benefiting from semiconductor and data center buildout activity. Updated
McGrath RentCorp leads today's dividend payers with about $12.1 million in cash going to shareholders, at 49.5 cents a share, landing October 30. Horizon Technology Finance and Cracker Barrel round out the group with payments due in November.
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McGrath RentCorp (Nasdaq: MGRC) is a business-to-business rental company operating in North America.
The Wall Street consensus 12-month price target for MGRC is $145.40. MGRC price prediction →
