The RMR Group (NASDAQ:RMR) Shares Pass Above Fifty Day Moving Average - Time to Sell?

Key Points

• The RMR Group's stock price has recently crossed above its 50-day moving average of $16.70, indicating potential bullish momentum.
• Despite reporting a net margin of 2.56% and a return on equity of 5.01%, the company's recent quarterly revenue fell short of estimates at $154.73 million.
• The firm has a high dividend yield of 11.1%, but its current dividend payout ratio stands at a concerning 153.85%.

The RMR Group Inc. (NASDAQ:RMR - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $16.70 and traded as high as $16.70. The RMR Group shares last traded at $16.27, with a volume of 98,034 shares.

The RMR Group Stock Up 6.6%

The firm has a 50 day simple moving average of $16.72 and a two-hundred day simple moving average of $16.38. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $545.93 million, a P/E ratio of 14.64 and a beta of 1.15.

The RMR Group (NASDAQ:RMR - Get Free Report) last released its earnings results on Tuesday, August 5th. The financial services provider reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. The RMR Group had a return on equity of 5.01% and a net margin of 2.56%.The firm had revenue of $154.73 million during the quarter, compared to analysts' expectations of $201.80 million. On average, equities research analysts expect that The RMR Group Inc. will post 1.51 earnings per share for the current year.

The RMR Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Monday, July 21st were issued a dividend of $0.45 per share. The ex-dividend date was Monday, July 21st. This represents a $1.80 annualized dividend and a dividend yield of 10.5%. The RMR Group's dividend payout ratio is 153.85%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of RMR. NewEdge Advisors LLC increased its holdings in shares of The RMR Group by 313.1% during the first quarter. NewEdge Advisors LLC now owns 1,483 shares of the financial services provider's stock worth $25,000 after buying an additional 1,124 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of The RMR Group by 1,307.1% during the second quarter. PNC Financial Services Group Inc. now owns 1,773 shares of the financial services provider's stock worth $29,000 after buying an additional 1,647 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of The RMR Group by 20,880.0% during the first quarter. GAMMA Investing LLC now owns 2,098 shares of the financial services provider's stock worth $35,000 after buying an additional 2,088 shares in the last quarter. AlphaQuest LLC increased its holdings in shares of The RMR Group by 131.3% during the first quarter. AlphaQuest LLC now owns 2,406 shares of the financial services provider's stock worth $40,000 after buying an additional 1,366 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of The RMR Group by 442.4% during the second quarter. Tower Research Capital LLC TRC now owns 3,081 shares of the financial services provider's stock worth $50,000 after buying an additional 2,513 shares in the last quarter. 42.31% of the stock is currently owned by institutional investors and hedge funds.

The RMR Group Company Profile

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.