Mcgrath Rentcorp (MGRC) Stock
Industrial equipment rental specialist for construction and energy. Here's the price, business snapshot, and what's worth knowing about Mcgrath Rentcorp in October 2026.
McGrath RentCorp (MGRC) is a US-based specialist equipment rental company focused on short- and long-term rental and sale of industrial equipment to contractors, municipalities and energy-related customers. The business model depends on owning a large fleet and earning recurring rental revenue, supported by ancillary services such as maintenance and transportation. With a market capitalisation of about $2.98B, MGRC’s performance tends to track demand in construction, infrastructure and industrial maintenance spending; fleet utilisation and rental rates are key value drivers. Strengths can include stable cash flows from repeat customers and potential for margin improvement via higher utilisation or selective acquisitions. Key risks include cyclical end markets, capital intensity of maintaining and replacing equipment, and sensitivity to interest rates and fuel prices. This summary is for educational purposes only and not personal financial advice — suitability will depend on individual circumstances and investors should consult a financial adviser and review company filings before deciding.
Mcgrath Rentcorp (MGRC) Stock Forecast
Analyst price target, next 12 months
$141.88
+20.7% vs today's $117.56
Price range over the last 12 months
In the middle of its 12-month range
Analysts covering Mcgrath Rentcorp have a consensus 12-month target of $141.88, above the current price of $117.56.
Analyst targets are opinions, not guarantees. Capital at risk. Data as of 5 Oct 2026.
Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.
Sixth Month Growth Performance
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying McGrath RentCorp’s stock with a target price of $141.88, indicating good potential for growth.
Financial Health
McGrath RentCorp is performing well with strong revenue and cash flow, indicating solid financial health.
Dividend
MCGRATH RENTCORP's dividend yield of 1.67% indicates a moderate return for investors seeking dividends. If you invested $1000 you would be paid $16.70 a year in dividends (based on the last 12 months).
Why You’ll Want to Watch This Stock
Fleet utilisation trends
Utilisation and rental-rate momentum directly influence revenue and margins — worth watching, though these metrics can swing with economic cycles.
End-market exposure
Exposure to construction, municipal and industrial clients means potential upside from infrastructure spending, but also cyclicality as projects ebb and flow.
Capital and growth
Growth often needs fleet investment or targeted acquisitions; this can boost capacity but increases capital intensity and sensitivity to financing costs.
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