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Realtime updates for McGrath RentCorp [MGRC]

Exchange: NASDAQ Sector: Industrials Industry: Rental & Leasing Services
Upcoming Earnings Alert

5 days till quarter result
(amc 2024-04-25)

Expected move: +/- 3.50%

BUY
80.00%
return 1.44%
SELL
33.33%
return 1.45%
Last Updated19 Apr 2024 @ 16:00

-0.25% $ 110.39

BUY 94553 min ago

@ $128.51

Issued: 14 Feb 2024 @ 15:39


Return: -14.10%


Previous signal: Feb 14 - 09:30


Previous signal: Sell


Return: -0.92 %

Live Chart Being Loaded With Signals

Commentary (19 Apr 2024 @ 16:00):
Profile picture for McGrath RentCorp

McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment and related accessories, and liquid and solid containment tanks and boxes...

Stats
Today's Volume 294 617
Average Volume 367 025
Market Cap 2.71B
EPS $0 ( 2024-02-21 )
Next earnings date ( $0.730 ) 2024-04-25
Last Dividend $0.465 ( 2023-10-16 )
Next Dividend $0 ( N/A )
P/E 24.21
ATR14 $0.0600 (0.05%)
Insider Trading
Date Person Action Amount type
2024-04-01 Anderson Nicolas C Buy 1 200 Common Stock
2024-04-01 Anderson Nicolas C Sell 1 200 Restricted Stock Unit
2024-04-01 Shuster Bradley M Buy 1 200 Common Stock
2024-04-01 Shuster Bradley M Sell 1 200 Restricted Stock Unit
2024-04-01 Fetter Elizabeth A Buy 1 200 Common Stock
INSIDER POWER
10.06
Last 100 transactions
Buy: 77 367 | Sell: 63 102

Volume Correlation

Long: -0.01 (neutral)
Short: 0.76 (moderate)
Signal:(63.479) Neutral

McGrath RentCorp Correlation

10 Most Positive Correlations
10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

McGrath RentCorp Correlation - Currency/Commodity

The country flag 0.74
( moderate )
The country flag 0.55
( weak )
The country flag 0.00
( neutral )
The country flag 0.57
( weak )
The country flag -0.53
( weak negative )
The country flag -0.17
( neutral )

McGrath RentCorp Financials

Annual 2023
Revenue: $831.84M
Gross Profit: $393.63M (47.32 %)
EPS: $4.62
Q4 2023
Revenue: $221.59M
Gross Profit: $110.12M (49.70 %)
EPS: $1.310
Q3 2023
Revenue: $243.51M
Gross Profit: $111.53M (45.80 %)
EPS: $1.650
Q2 2023
Revenue: $203.03M
Gross Profit: $94.61M (46.60 %)
EPS: $1.140

Financial Reports:

No articles found.

McGrath RentCorp Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.455
(N/A)
$0.455
(N/A)
$0.455
(N/A)
$0.465
(N/A)
$0.465
(N/A)
$0.465
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

McGrath RentCorp Dividend Information - Dividend Knight

Dividend Sustainability Score: 7.76 - good (77.62%) | Divividend Growth Potential Score: 4.64 - Stable (7.27%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.0200 1990-10-16
Last Dividend $0.465 2023-10-16
Next Dividend $0 N/A
Payout Date 2023-10-31
Next Payout Date N/A
# dividends 131 --
Total Paid Out $23.86 --
Avg. Dividend % Per Year 1.45% --
Score 4.94 --
Div. Sustainability Score 7.76
Div.Growth Potential Score 4.64
Div. Directional Score 6.20 --
Next Divdend (Est)
(2024-07-08)
$0.470 Estimate 39.62 %
Dividend Stability
0.79 Good
Dividend Score
4.94
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
1990 $0.0200 0.90%
1991 $0.0500 1.50%
1992 $0.0875 2.37%
1993 $0.0975 3.35%
1994 $0.108 2.96%
1995 $0.118 2.85%
1996 $0.135 2.92%
1997 $0.115 1.77%
1998 $0.190 1.58%
1999 $0.230 2.04%
2000 $0.270 3.11%
2001 $0.310 3.38%
2002 $0.340 1.81%
2003 $0.390 3.31%
2004 $0.430 3.09%
2005 $0.530 2.46%
2006 $0.620 2.12%
2007 $0.700 2.36%
2008 $0.780 3.17%
2009 $0.860 3.97%
2010 $0.895 3.82%
2011 $0.915 3.42%
2012 $0.935 3.20%
2013 $0.955 3.17%
2014 $0.975 2.53%
2015 $0.995 2.80%
2016 $1.015 4.23%
2017 $1.035 2.72%
2018 $1.280 2.70%
2019 $1.465 2.88%
2020 $1.635 2.13%
2021 $1.725 2.64%
2022 $1.800 2.26%
2023 $1.850 1.88%
2024 $0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Top 10 dividend Companies for NASDAQ

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
OXLC Dividend Royal 2023-12-14 Monthly 14 10.00% 8.50
PSEC Dividend Royal 2023-12-26 Monthly 21 7.04% 8.50
SLVO Dividend Royal 2023-11-20 Monthly 12 10.77% 8.50
QYLD Dividend Royal 2023-11-20 Monthly 11 7.50% 8.50
OXSQ Dividend Diamond 2023-12-14 Monthly 21 9.10% 8.50
GAIN Dividend Royal 2023-12-04 Monthly 20 8.19% 8.50
GLDI Dividend Royal 2023-11-20 Monthly 12 7.15% 8.50
HRZN Dividend King 2023-12-18 Monthly 15 6.60% 8.45
USOI Dividend Royal 2023-11-20 Monthly 8 16.70% 8.28
PFLT Dividend King 2023-11-15 Monthly 14 6.50% 8.27

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.1381.5007.2510.00[0 - 0.5]
returnOnAssetsTTM0.05161.2008.289.93[0 - 0.3]
returnOnEquityTTM0.1281.5009.6910.00[0.1 - 1]
payoutRatioTTM0.398-1.0006.02-6.02[0 - 1]
currentRatioTTM0.8180.800-0.909-0.727[1 - 3]
quickRatioTTM0.8180.8009.897.91[0.8 - 2.5]
cashRatioTTM0.003141.500-1.094-1.640[0.2 - 2]
debtRatioTTM0.351-1.5004.15-6.23[0 - 0.6]
interestCoverageTTM4.681.0009.389.38[3 - 30]
operatingCashFlowPerShareTTM3.892.008.7010.00[0 - 30]
freeCashFlowPerShareTTM-7.282.00-3.64-7.28[0 - 20]
debtEquityRatioTTM0.833-1.5006.67-10.00[0 - 2.5]
grossProfitMarginTTM0.4731.0005.455.45[0.2 - 0.8]
operatingProfitMarginTTM0.2281.0007.447.44[0.1 - 0.6]
cashFlowToDebtRatioTTM0.1231.000-0.430-0.430[0.2 - 2]
assetTurnoverTTM0.3750.800-0.832-0.666[0.5 - 2]
Total Score7.76

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM25.231.0007.550[1 - 100]
returnOnEquityTTM0.1282.509.8010.00[0.1 - 1.5]
freeCashFlowPerShareTTM-7.282.00-2.43-7.28[0 - 30]
dividendYielPercentageTTM1.5771.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM3.892.008.7010.00[0 - 30]
payoutRatioTTM0.3981.5006.02-6.02[0 - 1]
pegRatioTTM01.500-3.330[0.5 - 2]
operatingCashFlowSalesRatioTTM0.1151.0009.630[0.1 - 0.5]
Total Score4.64

McGrath RentCorp

McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment and related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes; and portable storage containers. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily to aerospace, defense, electronics, industrial, research, and semiconductor industries. It also provides communications test equipment, including network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Adler Tanks segment rents fixed axle steel tanks for storing groundwater, wastewater, volatile organic liquids, sewage, slurry and bio sludge, oil and water mixtures, and chemicals; vacuum containers for sludge and solid materials; dewatering boxes for the separation of water contained in sludge and slurry; and roll-off and trash boxes for temporary storage and transportation of solid waste. The Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is headquartered in Livermore, California.

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