The RMR Group (RMR) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The RMR Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RMR shares.
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2 equities research analysts have issued twelve-month price targets for The RMR Group's shares. Their RMR share price forecasts range from $37.00 to $37.00. On average, they expect the company's share price to reach $37.00 in the next year. This suggests a possible upside of 55.7% from the stock's current price.
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The RMR Group's stock was trading at $28.25 on January 1st, 2023. Since then, RMR shares have decreased by 15.9% and is now trading at $23.76.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our RMR earnings forecast.

The RMR Group Inc. (NASDAQ:RMR) issued its quarterly earnings data on Wednesday, May, 3rd. The financial services provider reported $0.49 earnings per share for the quarter, meeting analysts' consensus estimates of $0.49. The financial services provider earned $208.42 million during the quarter, compared to the consensus estimate of $240.22 million. The RMR Group had a net margin of 4.86% and a trailing twelve-month return on equity of 9.66%.

The RMR Group announced a quarterly dividend on Thursday, April 13th. Investors of record on Monday, April 24th will be paid a dividend of $0.40 per share on Thursday, May 18th. This represents a $1.60 dividend on an annualized basis and a yield of 6.73%. The ex-dividend date is Friday, April 21st.
Read our dividend analysis for RMR.

ETFs with the largest weight of The RMR Group (NASDAQ:RMR) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), Hartford Multifactor Small Cap ETF (ROSC), Timothy Plan US Small Cap Core ETF (TPSC), First Trust Active Factor Small Cap ETF (AFSM) and Vanguard Real Estate ETF (VNQ).Fidelity MSCI Real Estate Index ETF (FREL).

The RMR Group (NASDAQ:RMR) pays an annual dividend of $1.60 per share and currently has a dividend yield of 6.69%. RMR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 59.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, RMR will have a dividend payout ratio of 82.90% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for RMR.

The RMR Group issued an update on its third quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of $0.46-$0.48 for the period, compared to the consensus EPS estimate of $0.49. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other The RMR Group investors own include CVS Health (CVS), Verizon Communications (VZ), Home Depot (HD), AT&T (T), Cisco Systems (CSCO), Intel (INTC), Walmart (WMT), Johnson & Johnson (JNJ) and QUALCOMM (QCOM).

The RMR Group trades on the NASDAQ under the ticker symbol "RMR."

The RMR Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.90%), Hotchkis & Wiley Capital Management LLC (3.07%), Federated Hermes Inc. (1.67%), Renaissance Technologies LLC (1.32%), Royce & Associates LP (1.26%) and State Street Corp (1.12%).
View institutional ownership trends.

Shares of RMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RMR stock can currently be purchased for approximately $23.76.

The RMR Group (NASDAQ:RMR) has a market capitalization of $751.29 million and generates $832.50 million in revenue each year. The financial services provider earns $34 million in net income (profit) each year or $2.67 on an earnings per share basis.

The company employs 38,600 workers across the globe.

The RMR Group's mailing address is Two Newton Place 255 Washington Street Suite 300, Newton MA, 02458. The official website for the company is www.rmrgroup.com. The financial services provider can be reached via phone at (617) 796-8230, via email at ir@rmrgroup.com, or via fax at 617-928-1305.