STOCK TITAN

McGrath Rentcorp - MGRC STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect McGrath Rentcorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of McGrath Rentcorp's position in the market.

Rhea-AI Summary
McGrath RentCorp (MGRC) announces plans to release financial results for the first quarter of 2024, hosting a conference call to discuss the results on April 25, 2024. Investors can access the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags
-
Rhea-AI Summary
McGrath RentCorp (MGRC) reported strong financial results for the fourth quarter and full year ended December 31, 2023, with total revenues increasing by 21% and adjusted EBITDA rising by 28%. Net income from continuing operations also showed growth. The company declared a cash dividend increase for the upcoming quarter, marking 33 consecutive years of dividend growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
Tags
dividends earnings
-
Rhea-AI Summary
McGrath RentCorp (MGRC) plans to release its financial results for the fourth quarter of 2023 on February 21, 2024, after the close of regular market trading. The company will host a conference call to discuss the results, which can be accessed through dial-in or webcast. A replay will also be available for 7 days following the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
Rhea-AI Summary
Janus International Group, Inc. (NYSE: JBI) has announced the election of new members to the Board of Directors, including Tony Byerly, Joseph F. Hanna, and Eileen Youds, as well as the appointment of Roger Fradin as Chairman of the Board and David Doll as Chair of the Nominating and Corporate Governance Committee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
Tags
management
-
Rhea-AI Summary
McGrath RentCorp (MGRC) to Participate in Oppenheimer Midwest Industrial Summit Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.59%
Tags
conferences
-
News
Rhea-AI Summary
McGrath RentCorp (MGRC) declares a quarterly cash dividend of $0.465 per common share for the quarter ended December 31, 2023, marking 32 consecutive years of dividend raises.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.77%
Tags
dividends
Rhea-AI Summary
McGrath RentCorp (MGRC) CEO and CFO to participate in investor meetings at Wolfe Research 1st Annual Small and Mid-Cap Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.35%
Tags
conferences
-
Rhea-AI Summary
McGrath RentCorp (Nasdaq: MGRC) announced that CEO Joe Hanna and CFO Keith Pratt will present at the Baird 2023 Global Industrial Conference on November 7th, 2023. The presentation will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
conferences
-
Rhea-AI Summary
McGrath RentCorp announces Q3 2023 results with total revenues of $243.5 million, a 40% increase YoY. Net income from continuing operations was $40.4 million, or $1.65 per diluted share, compared to $27.1 million, or $1.11 per diluted share, in Q3 2022. Rental revenues increased 22% to $122.7 million. Adjusted EBITDA increased 47% to $95.3 million. Dividend rate of $0.465 per share for Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.32%
Tags
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
McGrath Rentcorp

Nasdaq:MGRC

MGRC Rankings

MGRC Stock Data

2.82B
24.11M
1.49%
88.19%
7.54%
General Warehousing and Storage
Transportation and Warehousing
Link
United States
Livermore

About MGRC

mcgrath rentcorp was founded in 1979 and is headquartered in livermore, california. the company is a diversified business-to-business rental provider that is comprised of the following units: mobile modular management corporation, mobile modular portable storage, trs-rentelco, enviroplex, inc., and adler tank rentals. * mobile modular management corporation * provider of relocatable modular buildings for rent, lease, or purchase. mobilemodularrents.com * mobile modular portable storage * provider of portable storage containers and office / storage combinations for rent, lease, or purchase. mobilemodularrents-portablestorage.com * trs-rentelco * rents, leases, and sells electronic test and measurement equipment for rent, lease or sale for both general purpose and communications needs. trs-rentelco.com * enviroplex, inc. * manufacturer of division of the state architect (dsa) approved modular buildings for both public and private schools throughout california. enviroplexi