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
Company profile
Ticker
MGRC
Exchange
Website
CEO
Dennis C Kakures
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Mobile Modular Management Corporation • Enviroplex, Inc. • TRS-RenTelco Inc. • McGrath 180, LLC • McGrath RentCorp Asia PTE. LTD. • TRS-RenTelco India Private Limited • Vesta Housing Solutions Holdings, LLC • Vesta Housing Solutions Group, LLC • Modular Holdings, LLC • Vesta Housing Solutions, LLC ...
IRS number
942579843
MGRC stock data
Latest filings (excl ownership)
10-K/A
2023 FY
Annual report (amended)
15 Apr 24
425
Business combination disclosure
29 Feb 24
425
Business combination disclosure
21 Feb 24
8-K
Regulation FD Disclosure
21 Feb 24
425
Business combination disclosure
21 Feb 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
McGrath Announces Results for Fourth Quarter 2023
21 Feb 24
425
Business combination disclosure
30 Jan 24
425
Business combination disclosure
30 Jan 24
425
Business combination disclosure
29 Jan 24
Transcripts
MGRC
Earnings call transcript
2023 Q4
21 Feb 24
MGRC
Earnings call transcript
2023 Q3
26 Oct 23
MGRC
Earnings call transcript
2023 Q2
27 Jul 23
MGRC
Earnings call transcript
2023 Q1
4 May 23
MGRC
Earnings call transcript
2023 Q1
4 May 23
MGRC
Earnings call transcript
2022 Q4
22 Feb 23
MGRC
Earnings call transcript
2022 Q3
28 Oct 22
MGRC
Earnings call transcript
2022 Q2
28 Jul 22
MGRC
Earnings call transcript
2022 Q1
29 Apr 22
MGRC
Earnings call transcript
2021 Q4
24 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.95 mm | 1.95 mm | 1.95 mm | 1.95 mm | 1.95 mm | 1.95 mm |
Cash burn (monthly) | 86.33 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 575.17 k | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 1.37 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 15.9 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
89.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 192 |
Opened positions | 23 |
Closed positions | 26 |
Increased positions | 64 |
Reduced positions | 72 |
13F shares | Current |
---|---|
Total value | 2.02 tn |
Total shares | 21.91 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 2.68 mm | $268.64 bn |
BEN Franklin Resources | 2.05 mm | $205.89 bn |
BLK Blackrock | 2.04 mm | $204.07 bn |
Franklin Mutual Advisers | 1.61 mm | $0.00 |
Dimensional Fund Advisors | 1.26 mm | $126.60 bn |
Victory Capital Management | 1.05 mm | $105.41 bn |
T. Rowe Price Investment Management | 982.28 k | $98.49 bn |
River Road Asset Management | 753.11 k | $75.49 bn |
Wellington Management | 621.01 k | $62.25 bn |
SAMG Silvercrest Asset Management | 620.24 k | $62.17 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Gilda Malek | Common Stock | Payment of exercise | Dispose F | No | No | 120.77 | 510 | 61.59 k | 919 |
1 Apr 24 | Gilda Malek | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,429 | 0.00 | 1,429 |
1 Apr 24 | Gilda Malek | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,429 | 0.00 | 2,861 |
1 Apr 24 | Kimberly Ann Box | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,200 | 0.00 | 8,500 |
1 Apr 24 | Kimberly Ann Box | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,200 | 0.00 | 0 |
1 Apr 24 | Smita Conjeevaram | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,200 | 0.00 | 4,500 |
1 Apr 24 | Smita Conjeevaram | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,200 | 0.00 | 0 |
1 Apr 24 | William J Dawson | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,200 | 0.00 | 24,000 |
1 Apr 24 | William J Dawson | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,200 | 0.00 | 0 |
1 Apr 24 | Elizabeth A Fetter | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,200 | 0.00 | 5,970 |
News
McGrath RentCorp Increases Quarterly Dividend From $0.465 To $0.475 Per Share
21 Feb 24
McGrath RentCorp: Q4 Earnings Insights
21 Feb 24
Earnings Scheduled For February 21, 2024
21 Feb 24
Industrials Company WillScot Mobile Mini Announces Merger With McGrath RentCorp
29 Jan 24
Why B2B Rental Company McGrath RentCorp Shares Are Surging Premarket Monday
29 Jan 24
Press releases
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MGRC, ALPN, NXPL
16 Apr 24
McGrath Sets First Quarter 2024 Financial Results Date and Time
4 Apr 24
McGrath Announces Results for Fourth Quarter 2023 and Announces 33rd Annual Dividend Increase
21 Feb 24
WillScot Mobile Mini Reports Fourth Quarter 2023 and Full Year 2023 Results
20 Feb 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates DOOR, EVBG, MGRC, SNCE
12 Feb 24