McGrath RentCorp Shareholders Approve Key Proposals at Annual Meeting

Mcgrath Rentcorp ( (MGRC) ) has provided an update.

On June 4, 2025, McGrath RentCorp held its annual meeting of shareholders where several key proposals were voted on. The shareholders elected directors, ratified the appointment of Grant Thornton LLP as independent auditors for 2025, and approved the compensation of the company’s named executive officers on a non-binding, advisory basis.

The most recent analyst rating on (MGRC) stock is a Hold with a $131.00 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 overall score reflects its strong financial performance with significant revenue and profit growth, balanced by moderate technical indicators and a favorable valuation. The earnings call highlights growth in key segments, though potential risks from economic uncertainties and specific revenue declines require attention. The company’s solid financials and strategic focus provide a positive outlook, despite some challenges.

To see Spark’s full report on MGRC stock, click here.

More about Mcgrath Rentcorp

Average Trading Volume: 143,023

Technical Sentiment Signal: Buy

Current Market Cap: $2.86B

For a thorough assessment of MGRC stock, go to TipRanks’ Stock Analysis page.