McGrath RentCorp stock gained 2.23 percent as earnings near-2026-10-05

Published on 10/05/2026 at 10:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

McGrath RentCorp stock was last at USD 117.56 on October 2, 2026, below its USD 125.83 high. Q2 revenue fell 6 percent to USD 221.1 million.

MGRC, US5805891091, Illustration mit AI erstellt.

McGrath RentCorp stock (ISIN US5805891091) was last at USD 117.56 on Nasdaq on October 2, 2026, after gaining USD 2.57, or 2.23 percent, during the session. The company has scheduled its third-quarter 2026 results for October 28, giving investors a firm date for the next operating update.

Results date sets the next checkpoint

According to Business Wire on October 1, 2026, McGrath RentCorp will release results for the quarter ending September 30, 2026, after regular trading ends on October 28. The company will hold its earnings call at 5:00 p.m. ET the same date.

The upcoming report follows a softer second quarter. MarketBeat reported that Q2 2026 revenue reached USD 221.11 million, down 6 percent from the prior-year quarter, while diluted EPS was USD 1.37 versus USD 1.47 expected.

Revenue mix remains important

The earnings comparison points to a split operating picture rather than a simple demand signal. The revenue miss was USD 15.40 million against the cited USD 236.51 million estimate, while the EPS shortfall was USD 0.10 per diluted share.

McGrath operates business-to-business rental activities across modular buildings, portable storage and electronic test equipment. Its investor-relations materials describe more than 35 consecutive years of annual dividend increases, while the quarterly dividend declared for the period ending September 30, 2026 was USD 0.495 per share.

Consensus target stays above the stock

MarketBeat listed a Hold consensus from three analysts and an average price target of USD 140.00. That target lies 19.1 percent above the October 2 price of USD 117.56, making the October 28 report the next test for the valuation gap.

The same market data showed a 52-week range of USD 94.99 to USD 125.83. The October 2 price was USD 8.27 below the high, while market capitalization stood at USD 2.9 billion and trading volume reached 154,747 shares.

McGrath RentCorp stock stays below its high

McGrath RentCorp stock was last at USD 117.56 on Nasdaq on October 2, 2026, with a 52-week high of USD 125.83 and market capitalization of USD 2.9 billion.