NASDAQ:RMRRMR Group Stock Price, Forecast & News

RMR Group's stock was trading at $31.28 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RMR shares have decreased by 13.8% and is now trading at $26.96. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RMR Group in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for RMR Group.

RMR Group is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for RMR Group.

RMR Group Inc (NASDAQ:RMR) issued its quarterly earnings data on Monday, May, 11th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by $0.07. The financial services provider had revenue of $140.86 million for the quarter, compared to analyst estimates of $155.84 million. RMR Group had a net margin of 4.99% and a return on equity of 6.56%. View RMR Group's earnings history.

RMR Group declared a quarterly dividend on Thursday, April 16th. Stockholders of record on Monday, April 27th will be paid a dividend of $0.38 per share on Thursday, May 21st. This represents a $1.52 dividend on an annualized basis and a yield of 5.64%. The ex-dividend date of this dividend is Friday, April 24th. View RMR Group's dividend history.

9 brokers have issued 12 month price targets for RMR Group's shares. Their forecasts range from $22.00 to $54.00. On average, they expect RMR Group's share price to reach $43.22 in the next year. This suggests a possible upside of 60.3% from the stock's current price. View analysts' price targets for RMR Group.

News stories about RMR stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. RMR Group earned a media sentiment score of -2.6 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutRMR Group.

RMR Group saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 190,300 shares, a decline of 13.5% from the April 30th total of 220,100 shares. Based on an average daily trading volume, of 113,600 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.3% of the shares of the company are sold short. View RMR Group's Current Options Chain.

Some companies that are related to RMR Group include NIC (EGOV), ICF International (ICFI), Huron Consulting Group (HURN), Apollo Medical (AMEH), The Hackett Group (HCKT), Diamond Eagle Acquisition (ATCX), Blackrock Capital Investment (BKCC), Avalon Globocare (AVCO), Information Services Group (III), ATIF (ATIF), Pharma Bio Serv (PBSV), Lightbridge (LTBR), TSS (TSSI), Wilhelmina International (WHLM) and China Internet Nationwide Fncl Srvcs (CIFS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other RMR Group investors own include CVS Health (CVS), Home Depot (HD), AT&T (T), Cisco Systems (CSCO), Honeywell International (HON), Verizon Communications (VZ), Walmart (WMT), Intel (INTC), Altria Group (MO) and Alibaba Group (BABA).

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

RMR Group's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.97%), Engine Capital Management LP (1.04%), Geode Capital Management LLC (1.01%), State Street Corp (0.96%), Nuveen Asset Management LLC (0.95%) and Acadian Asset Management LLC (0.93%). View institutional ownership trends for RMR Group.

RMR stock was sold by a variety of institutional investors in the last quarter, including Engine Capital Management LP, Morgan Stanley, Two Sigma Investments LP, First Quadrant L P CA, Hill Winds Capital LP, Alliancebernstein L.P., Two Sigma Advisers LP, and Denali Advisors LLC. View insider buying and selling activity for RMR Group.

RMR stock was bought by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Invenomic Capital Management LP, Aviva PLC, Balyasny Asset Management LLC, V3 Capital Management L.P., JPMorgan Chase & Co., Quinn Opportunity Partners LLC, and TCW Group Inc.. View insider buying and selling activity for RMR Group.

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

One share of RMR stock can currently be purchased for approximately $26.96.

RMR Group has a market capitalization of $844.12 million and generates $713.37 million in revenue each year. The financial services provider earns $74.58 million in net income (profit) each year or $4.83 on an earnings per share basis. RMR Group employs 50,600 workers across the globe.

The official website for RMR Group is www.rmrgroup.com.

RMR Group's mailing address is Two Newton Place 255 Washington Street Suite 300, Newton MA, 02458. The financial services provider can be reached via phone at 617-796-8230 or via email at [email protected]