MCGRATH RENTCORP
McGrath RentCorp is a Livermore, California-based business-to-business rental company. Its businesses rent relocatable modular buildings, portable storage containers and electronic test equipment, and sell equipment in the ordinary course of business. Its four reportable segments are Mobile Modular, Portable Storage, TRS-RenTelco and Enviroplex. Mobile Modular rents and sells modular buildings for temporary uses including classrooms, offices and health care facilities. Portable Storage rents steel storage and office containers for temporary storage and workspace. TRS-RenTelco rents and sells general-purpose and communications test equipment to companies in industries including aerospace, defense, communications, manufacturing and semiconductors. Enviroplex manufactures and sells portable classrooms primarily to California public school districts and other educational institutions. McGrath RentCorp earns money from equipment rentals and sales; rental products are generally returned, maintained and rented again.
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No enriched coverage for $MGRC in the last 7 days.
Oppenheimer kept its Outperform rating on McGrath RentCorp and increased its price target to $149 from $143, suggesting a 15.7% upside from the Nov 11 close of $128.79, according to the firm.
Wescott Tara (SVP, Chief HR Officer) sold 1,500 shares of MCGRATH RENTCORP (MGRC) at $130.00 ($0.20M total) on 2026-11-09.
HANNA JOSEPH F sold 4,748 shares of MCGRATH RENTCORP (MGRC) at $130.73 ($0.62M total) on 2026-11-02.
Recent MGRC coverage spans insider activity, earnings and financial news.
In the last 30 days, MGRC insiders filed 8 SEC Form 4 transactions — no purchases and 8 sales ($3.4M). The most active reporter was PRATT KEITH E, Executive VP and CFO, with 6 filings.
Oppenheimer kept its Outperform rating on McGrath RentCorp and increased its price target to $149 from $143, suggesting a 15.7% upside from the Nov 11 close of $128.79, according to the firm.
Small insider sale may create modest downside pressure.
The insider sale may signal reduced confidence from a director, potentially pressuring the stock.
Insider sell may signal confidence concerns, likely putting downward pressure on the stock.
The insider sale may signal reduced confidence and could weigh on the stock.
AlphAI scores every news story that mentions MGRC with an AI model for sentiment and relevance, and aggregates insider trades from MCGRATH RENTCORP's SEC EDGAR Form 4 filings. Figures refresh continuously.
Oppenheimer kept its Outperform rating on McGrath RentCorp and increased its price target to $149 from $143, suggesting a 15.7% upside from the Nov 11 close of $128.79, according to the firm.
Wescott Tara (SVP, Chief HR Officer) sold 1,500 shares of MCGRATH RENTCORP (MGRC) at $130.00 ($0.20M total) on 2026-11-09.
HANNA JOSEPH F sold 4,748 shares of MCGRATH RENTCORP (MGRC) at $130.73 ($0.62M total) on 2026-11-02.
McGrath RentCorp's Executive VP and CFO, Keith E. Pratt, sold 20,000 shares at prices between $122.31 and $130.06, totaling $2.55M. He now directly owns 40,522 shares, according to SEC filings.
PRATT KEITH E (Executive VP and CFO) sold 20,000 shares of MCGRATH RENTCORP (MGRC) at an average of $127.42 ($122.31–$130.06, $2.55M total) across 6 trades over 2026-11-02 to 2026-11-04.
MCGRATH RENTCORP (MGRC) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. On November 2, 2026, McGrath RentCorp (the “Company”) entered into a First Amendment to the Second Amended and Restated Note Purchase and Private Shelf Agreement (the “Amendment”) with PGIM, Inc., the holders of the Notes prev
McGrath RentCorp (MGRC) shares rose 9% on Monday after being added to the S&P SmallCap 600 index. The company cut its revenue outlook last week and is increasing capital expenditure. S&P SmallCap 600 index funds must buy MGRC shares by November 4. Glaukos (GKOS) and Loar Holdings (LOAR) are also being added to the S&P MidCap 400 and S&P SmallCap 600, respectively.
McGrath RentCorp (MGRC) stock rose 11.86% after reporting Q3 revenue of $274.6M, up 7% YoY, and EPS of $2.00, up 16% YoY, beating expectations. The company's inclusion in the S&P SmallCap 600 index on November 4, 2026, is expected to drive further gains. MGRC trades at 9 times earnings and 3 times sales, with strong margins and growing rental demand, particularly in data centers.
MCGRATH RENTCORP (MGRC) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Contact Keith E. Pratt EVP & Chief Financial Officer 925-606-9200 PRESS RELEASE FOR RELEASE October 28, 2026 McGrath Announces Results for Third Quarter 2026 Livermore, CA - October 28, 2026 – McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading bu
McGrath RentCorp (MGRC) reported Q3 2026 revenue growth of 7% to $274.6M, with rental operations up 6% and sales up 9%. Adjusted EBITDA rose 10% to $106.5M. The company lowered its full-year revenue outlook due to lower new equipment sales but expects $270M–$290M in rental equipment spending.
