Q1 Earnings Estimate for McGrath RentCorp Issued By Sidoti

McGrath RentCorp (NASDAQ:MGRC) – Equities research analysts at Sidoti boosted their Q1 2026 EPS estimates for McGrath RentCorp in a note issued to investors on Friday, February 27th. Sidoti analyst M. Riddick now expects that the financial services provider will post earnings of $1.23 per share for the quarter, up from their prior 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.

Several other equities research analysts also recently issued reports on the stock. Zacks Research upgraded shares of McGrath RentCorp from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of McGrath RentCorp in a report on Tuesday, January 27th. Finally, Barclays started coverage on shares of McGrath RentCorp in a research report on Wednesday, February 11th. They set an “overweight” rating and a $140.00 target price on the stock. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $141.50.

McGrath RentCorp Trading Down 3.5%

Shares of MGRC opened at $110.95 on Monday. McGrath RentCorp has a twelve month low of $94.99 and a twelve month high of $128.41. The firm has a market capitalization of $2.73 billion, a P/E ratio of 17.47, a price-to-earnings-growth ratio of 1.10 and a beta of 0.50. The stock’s fifty day simple moving average is $112.12 and its 200 day simple moving average is $112.91.

McGrath RentCorp (NASDAQ:MGRC) last announced its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.28. The company 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%.

McGrath RentCorp Increases Dividend

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

Insider Activity at McGrath RentCorp

In other news, SVP Gilda Malek sold 829 shares of McGrath RentCorp stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $107.29, for a total value of $88,943.41. Following the completion of the transaction, the senior vice president directly owned 4,068 shares of the company’s stock, valued at approximately $436,455.72. The trade was a 16.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.40% of the company’s stock.

Institutional Trading of McGrath RentCorp

A number of institutional investors and hedge funds have recently made changes to their positions in MGRC. Aster Capital Management DIFC Ltd bought a new stake in McGrath RentCorp in the third quarter valued at $29,000. Cullen Frost Bankers Inc. acquired a new position in shares of McGrath RentCorp during the 3rd quarter valued at $30,000. EverSource Wealth Advisors LLC raised its holdings in shares of McGrath RentCorp by 767.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 269 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 238 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of McGrath RentCorp during the second quarter valued at $37,000. Finally, Danske Bank A S purchased a new stake in shares of McGrath RentCorp in the 3rd quarter valued at approximately $47,000. 92.05% of the stock is currently owned by institutional investors and hedge funds.

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.