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

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The RMR Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RMR shares.
View RMR analyst ratings or view top-rated stocks.

1 brokerages have issued 12 month price targets for The RMR Group's shares. Their RMR share price forecasts range from $37.00 to $37.00. On average, they predict the company's share price to reach $37.00 in the next twelve months. This suggests a possible upside of 46.5% from the stock's current price.
View analysts price targets for RMR or view top-rated stocks among Wall Street analysts.

The RMR Group's stock was trading at $28.25 at the beginning of 2023. Since then, RMR stock has decreased by 10.6% and is now trading at $25.25.
View the best growth stocks for 2023 here.

The RMR Group saw a increase in short interest in August. As of August 31st, there was short interest totaling 142,400 shares, an increase of 23.0% from the August 15th total of 115,800 shares. Based on an average daily volume of 90,600 shares, the short-interest ratio is presently 1.6 days. Approximately 0.9% of the company's shares are short sold.
View The RMR Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our RMR earnings forecast.

The RMR Group Inc. (NASDAQ:RMR) posted its quarterly earnings data on Wednesday, August, 9th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. The financial services provider earned $280.23 million during the quarter, compared to analysts' expectations of $220.13 million. The RMR Group had a net margin of 6.26% and a trailing twelve-month return on equity of 8.78%.

The RMR Group declared a quarterly dividend on Thursday, July 13th. Stockholders of record on Monday, July 24th will be given a dividend of $0.40 per share on Thursday, August 17th. This represents a $1.60 annualized dividend and a yield of 6.34%. The ex-dividend date is Friday, July 21st. This is a positive change from the stock's previous quarterly dividend of $0.30.
Read our dividend analysis for RMR.

The RMR Group (NASDAQ:RMR) pays an annual dividend of $1.60 per share and currently has a dividend yield of 6.31%. 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 43.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, RMR will have a dividend payout ratio of 90.40% 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 fourth quarter 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of $0.43-$0.47 for the period, compared to the consensus earnings per share estimate of $0.43. 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.05%), Hotchkis & Wiley Capital Management LLC (3.34%), Royce & Associates LP (1.38%), Renaissance Technologies LLC (1.35%), State Street Corp (1.13%) and Dimensional Fund Advisors LP (1.07%).
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.
Compare Top Brokerages Here.

One share of RMR stock can currently be purchased for approximately $25.25.

The RMR Group (NASDAQ:RMR) has a market capitalization of $798.15 million and generates $832.50 million in revenue each year. The financial services provider earns $34 million in net income (profit) each year or $3.69 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.