Why McGrath RentCorp’s (MGRC) Stock Is Down 8.36%

By Jenna Brashear
May 15, 2026
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Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate McGrath RentCorp before investing.

In this article, we go over a few key elements for understanding McGrath RentCorp’s stock price such as:

  • McGrath RentCorp’s current stock price and volume
  • Why McGrath RentCorp’s stock price changed recently
  • Upgrades and downgrades for MGRC from analysts
  • MGRC’s stock price momentum as measured by its relative strength

About McGrath RentCorp (MGRC)

Before we jump into McGrath RentCorp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

McGrath RentCorp operates as a business-to-business rental company in the United States and internationally. The company also engages in renting and selling relocatable modular buildings, portable storage containers, and electronic test equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, 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, childcare facilities, office spaces, and various other purposes. The Portable Storage segment offers steel containers, such as storage and office containers, to provide temporary storage solutions to construction, retail, commercial and industrial, energy and petrochemical, manufacturing, education, and healthcare markets. 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 for the aerospace, defense, electronics, industrial, research, and semiconductor industries. This segment 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 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 based in Livermore, California.

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McGrath RentCorp’s Stock Price as of Market Close

As of May 15, 2026, 9:37 AM, CST, McGrath RentCorp’s stock price was $113.760.

McGrath RentCorp is down 1.56% from its previous closing price of $115.560.

During the last market session, McGrath RentCorp’s stock traded between $113.495 and $115.000. Currently, there are approximately 24.62 million shares outstanding for McGrath RentCorp.

McGrath RentCorp’s price-earnings (P/E) ratio is currently at 18.3, which is low compared to the Trading Companies & Distributors industry median of 25.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

McGrath RentCorp Stock Price History

McGrath RentCorp’s (MGRC) price is currently up 2.9% so far this month.

During the month of May, McGrath RentCorp’s stock price has reached a high of $116.770 and a low of $108.150.

Over the last year, McGrath RentCorp has hit prices as high as $128.410 and as low as $94.990. Year to date, McGrath RentCorp’s stock is up 8.42%.

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What Caused McGrath RentCorp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 14, 2026, there was 1 analyst who downgraded McGrath RentCorp’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate McGrath RentCorp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on McGrath RentCorp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

McGrath RentCorp’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about McGrath RentCorp (MGRC) by visiting AAII Stock Evaluator.

Relative Price Strength of McGrath RentCorp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 14, 2026, McGrath RentCorp has a weighted four-quarter relative price strength of -5.97%, which translates to a Momentum Score of 41 and is considered to be Average.

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McGrath RentCorp Stock Price: Bottom Line

As of May 15, 2026, McGrath RentCorp’s stock price is $113.760, which is down 1.56% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like McGrath RentCorp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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