McGrath RentCorp Soars 9% as It Prepares to Join the S&P SmallCap 600
McGrath RentCorp shares jumped 9% on Monday on news it will join the S&P SmallCap 600 on Nov. 4. Index funds must buy by then ...
Model output · Signal date 2026-11-06
Mcgrath Rentcorp (MGRC) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Rating · 90D
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90-day forecast
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Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
19.0%
Spearman, 357 dates
Market Cap
$3.05B
mid-cap · #5 of 9 peers
Summary
Mcgrath Rentcorp (MGRC) stock forecast summary
Our AI scores Mcgrath Rentcorp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Mcgrath Rentcorp is a mid-cap company with a market capitalization of $3.05B. It ranks number 5 by market capitalization among the 9 Services-Equipment Rental & Leasing, NEC issuers in our coverage with a current forecast. Its D/E Ratio of 1.02x is the lowest of the 8 peers that report one.
For MGRC, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 19.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 19.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, MGRC included.
Price
MGRC price chart and AI forecast
Cross-section · 2026-11-06
How MGRC ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-09-30
Mcgrath Rentcorp (MGRC) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Services-Equipment Rental & Leasing, NEC peers listed below that report each metric.
Valuation & Market
| Metric | MGRC | Rank |
|---|---|---|
| Market Cap | $3.05B | 5/9 |
| P/E Ratio | 19.27x | 2/6 |
| P/B Ratio | 2.38x | 6/8 |
| Dividend Yield | 1.60% | – |
| EPS | $6.49 | – |
| Book Value/Share | $52.46 | – |
| Revenue/Share | $39.03 | – |
| FCF/Share | $8.61 | – |
Profitability & Margins
| Metric | MGRC | Rank |
|---|---|---|
| ROE | 12.5% | 5/5 |
| ROA | 6.2% | – |
| Gross Margin | 84.3% | 1/5 |
| Operating Margin | 25.7% | 1/6 |
| Net Margin | 16.8% | 2/5 |
| EBT Margin | 22.8% | 2/7 |
| Tax Rate | 26.5% | – |
Financial Health
| Metric | MGRC | Rank |
|---|---|---|
| D/E Ratio | 1.02x | 8/8 |
| Financial Leverage | 2.02x | 6/6 |
| Interest Coverage | 9.3x | 2/7 |
Cash Flow
| Metric | MGRC | Rank |
|---|---|---|
| Operating Cash Flow | $259M | 6/7 |
| Free Cash Flow | $210M | – |
| Capital Spending | -$49M | – |
| OCF Growth YoY | 22.4% | 3/6 |
| FCF Growth YoY | 20.5% | – |
| FCF/Sales | 22.1% | – |
| CapEx/Sales | 5.2% | – |
Operational Efficiency
| Metric | MGRC | Rank |
|---|---|---|
| Asset Turnover | 0.37x | – |
| Receivables Turnover | 3.9x | – |
| Inventory Turnover | 15.6x | – |
| Days Sales Outstanding | 94 days | – |
| Days Inventory | 23 days | – |
Income Statement
| Metric | MGRC | Rank |
|---|---|---|
| Total Revenue | $951M | 4/5 |
| Operating Income | $245M | 3/6 |
| Net Income | $159M | 3/5 |
| SG&A Expense | $221M | 5/5 |
| Cost of Goods Sold | $149M | 5/5 |
Dividend & Shareholder Information
| Metric | MGRC | Rank |
|---|---|---|
| Dividends Per Share | $2.00 | – |
| Payout Ratio | 30.8% | – |
| Shares Outstanding | 24M | – |
| Net Income Growth | 9.6% | 4/5 |
| EPS Growth | -5.1% | 5/5 |
Balance Sheet Highlights (USD millions)
| Cash & Short-term Investments | $1M | 0.0% of assets |
| Accounts Receivable | $245M | 9.5% of assets |
| Inventory | $10M | 0.4% of assets |
| Total Liabilities | $1.30B | 50.3% of assets |
Quarterly Financial Reports
MGRC quarterly financials and insider trading
Industry Peers · Services-Equipment Rental & Leasing, NEC
Mcgrath Rentcorp (MGRC) industry peers
Companies classified under the same SEC industry code as Mcgrath Rentcorp (Services-Equipment Rental & Leasing, NEC): 9 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| MGRC Mcgrath Rentcorp | $3.05B | |
| URI United Rentals, Inc. | $65.36B | |
| SUNB Sunbelt Rentals Holdings, Inc. | $31.57B | |
| AER Aercap Holdings N.V. | $28.31B | |
| EQPT Equipmentshare.Com Inc | $3.72B | |
| CTOS Custom Truck One Source, Inc. | $2.12B | |
| PRG Prog Holdings, Inc. | $1.47B | |
| UPBD Upbound Group, Inc. | $1.45B | |
| KPLT Katapult Holdings, Inc. | $939M |
Where MGRC sits on the market map
Trade & Services · Services-Equipment Rental & Leasing, NEC
News
Mcgrath Rentcorp (MGRC) stock news
McGrath RentCorp: This Surge Doesn't Mean More Upside Is On The Horizon
McGrath RentCorp is rated a Hold due to fair valuation and macro risks, despite recent operational momentum. Read more on ...
McGrath RentCorp Q3 Earnings Call Highlights
McGrath RentCorp (NASDAQ:MGRC) reported third-quarter growth in rental operations, led by continued momentum in its Mobile ...
FAQ
Mcgrath Rentcorp (MGRC) stock forecast FAQ
What is the Mcgrath Rentcorp (MGRC) stock forecast?
Our AI scores Mcgrath Rentcorp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Mcgrath Rentcorp stock predictions?
For MGRC, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 19.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 19.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Mcgrath Rentcorp forecasts updated?
Mcgrath Rentcorp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Mcgrath Rentcorp's industry peers?
9 issuers in our coverage, MGRC included, share the SEC industry code Services-Equipment Rental & Leasing, NEC. The largest are: United Rentals, Inc. (URI), Sunbelt Rentals Holdings, Inc. (SUNB), Aercap Holdings N.V. (AER), Equipmentshare.Com Inc (EQPT), Custom Truck One Source, Inc. (CTOS), Prog Holdings, Inc. (PRG).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.