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NASDAQ:RMRRMR Group Stock Price, Forecast & News

$32.25
+1.11 (+3.56 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$29.75
Now: $32.25
$32.56
50-Day Range
$24.70
MA: $28.22
$31.46
52-Week Range
$21.79
Now: $32.25
$52.73
Volume96,818 shs
Average Volume80,086 shs
Market Capitalization$1.01 billion
P/E Ratio17.53
Dividend Yield4.71%
Beta1.34
The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States. It provides management services to its five publicly traded real estate investment trusts (REITs) and three real estate operating companies. As of September 30, 2018, the company had approximately 1,700 properties under management, which are primarily owned by its Managed Equity REITs. It also provides investment advisory services. The company was formerly known as REIT Management & Research Inc. and changed its name to The RMR Group Inc. in September 2015. The RMR Group Inc. was founded in 1986 and is headquartered in Newton, Massachusetts.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 2.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.13 out of 5 stars


Industry, Sector and Symbol

Industry Management consulting services
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:RMR
Previous SymbolNASDAQ:RMRAV
CUSIPN/A
Phone617-796-8230

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$713.37 million
Cash Flow$2.85 per share
Book Value$16.90 per share

Profitability

Net Income$74.58 million

Miscellaneous

Employees50,600
Market Cap$1.01 billion
Next Earnings Date8/14/2020 (Estimated)
OptionableNot Optionable

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RMR Group (NASDAQ:RMR) Frequently Asked Questions

How has RMR Group's stock been impacted by COVID-19 (Coronavirus)?

RMR Group's stock was trading at $31.28 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RMR shares have increased by 3.1% and is now trading at $32.25. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of RMR Group?

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.

When is RMR Group's next earnings date?

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

How were RMR Group's earnings last quarter?

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

How often does RMR Group pay dividends? What is the dividend yield for RMR Group?

RMR Group announced a quarterly dividend on Thursday, April 16th. Shareholders 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 4.71%. The ex-dividend date is Friday, April 24th. View RMR Group's dividend history.

What price target have analysts set for RMR?

9 brokerages have issued 1-year target prices for RMR Group's shares. Their forecasts range from $22.00 to $54.00. On average, they anticipate RMR Group's share price to reach $43.22 in the next year. This suggests a possible upside of 34.0% from the stock's current price. View analysts' price targets for RMR Group.

Has RMR Group been receiving favorable news coverage?

Media headlines about RMR stock have been trending positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. RMR Group earned a news sentiment score of 2.4 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutRMR Group.

Are investors shorting RMR Group?

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

Who are some of RMR Group's key competitors?

What other stocks do shareholders of RMR Group own?

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).

Who are RMR Group's key executives?

RMR Group's management team includes the following people:
  • Mr. Adam David Portnoy, CEO, Pres, MD & Director (Age 49)
  • Ms. Jennifer Babbin Clark, MD, Exec. VP, Gen. Counsel, Sec. & Director (Age 57)
  • Mr. Matthew P. Jordan, Exec. VP, CFO & Treasurer (Age 44)
  • Mr. Gregory Carey, Sr. VP and Chief Information Officer
  • Ms. Eileen Kiley, Sr. VP & Chief HR Officer of RMR Group LLC

What is RMR Group's stock symbol?

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

Who are RMR Group's major shareholders?

RMR Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders 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.

Which institutional investors are selling RMR Group stock?

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.

Which institutional investors are buying RMR Group stock?

RMR stock was acquired 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.

How do I buy shares of 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.

What is RMR Group's stock price today?

One share of RMR stock can currently be purchased for approximately $32.25.

How big of a company is RMR Group?

RMR Group has a market capitalization of $1.01 billion 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.

What is RMR Group's official website?

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

How can I contact RMR Group?

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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