NASDAQ:RMR - Get Free Report ) updated its third quarter 2024 earnings guidance on Thursday. The company provided EPS guidance of 0.370-0.390 for the period. The company issued revenue guidance of -.
Get The RMR Group alerts:
Sign Up
Wall Street Analyst Weigh In Several equities analysts have commented on the stock. StockNews.com downgraded shares of The RMR Group from a buy rating to a hold rating in a report on Thursday, February 8th. JMP Securities assumed coverage on shares of The RMR Group in a report on Friday, April 19th. They issued a market perform rating on the stock.
Check Out Our Latest Report on RMR
The RMR Group Stock Performance Shares of RMR stock traded up $0.84 on Thursday, hitting $23.92. The company's stock had a trading volume of 88,003 shares, compared to its average volume of 91,307. The stock's 50 day moving average is $23.53 and its 200-day moving average is $24.64. The RMR Group has a fifty-two week low of $20.79 and a fifty-two week high of $28.82. The company has a market capitalization of $758.48 million, a PE ratio of 6.91 and a beta of 1.29.
The RMR Group (NASDAQ:RMR - Get Free Report ) last announced its quarterly earnings data on Wednesday, February 7th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.04. The firm had revenue of $261.67 million for the quarter, compared to the consensus estimate of $223.18 million. The RMR Group had a net margin of 5.93% and a return on equity of 7.78%. On average, research analysts forecast that The RMR Group will post 1.92 earnings per share for the current year.
The RMR Group Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 16th. Shareholders of record on Monday, April 22nd will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 7.53%. This is an increase from The RMR Group's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Friday, April 19th. The RMR Group's dividend payout ratio is presently 52.02%.
About The RMR Group (
Get Free Report )
The RMR Group Inc, through its subsidiary, The RMR Group LLC, provides asset management services in the United States. The company offers management services to its four publicly traded real estate investment trusts, three real estate operating companies, and private capital vehicles. It also provides advisory services to publicly traded mortgage real estate investment trust.
Read More
Before you consider The RMR Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The RMR Group wasn't on the list.
While The RMR Group currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
