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Mcgrath Rentcorp ( (MGRC) ) has provided an announcement.
On September 8, 2025, McGrath RentCorp issued $75 million of 5.30% Series G Senior Notes to The Prudential Insurance Company of America and PruCo Life Insurance Company of New Jersey. These unsecured notes, maturing in 2032, come with semi-annual interest payments and can be prepaid under certain conditions. The issuance includes customary covenants and default events, with guarantees from certain U.S. subsidiaries, potentially impacting the company’s financial obligations and market positioning.
The most recent analyst rating on (MGRC) stock is a Buy with a $136.00 price target. To see the full list of analyst forecasts on Mcgrath Rentcorp stock, see the MGRC Stock Forecast page.
Spark’s Take on MGRC Stock
According to Spark, TipRanks’ AI Analyst, MGRC is a Outperform.
McGrath Rentcorp’s strong financial performance and positive earnings call sentiment are the primary drivers of its high stock score. The company’s robust revenue growth, efficient cash flow management, and strategic acquisitions position it well for future growth. Technical indicators and valuation metrics further support a positive outlook, despite some challenges in specific segments.
To see Spark’s full report on MGRC stock, click here.
More about Mcgrath Rentcorp
Average Trading Volume: 136,963
Technical Sentiment Signal: Buy
Current Market Cap: $3.09B
See more insights into MGRC stock on TipRanks’ Stock Analysis page.