NASDAQ:RMR - RMR Group Stock Price, Forecast & News

RMR Group's stock was trading at $31.28 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RMR shares have decreased by 7.3% and is now trading at $29.00. View which stocks have been mosted 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, May 8th 2020. View our earnings forecast for RMR Group.

RMR Group Inc (NASDAQ:RMR) announced its quarterly earnings data on Thursday, February, 6th. The financial services provider reported $0.57 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.58 by $0.01. The financial services provider had revenue of $159.89 million for the quarter, compared to the consensus estimate of $160.57 million. RMR Group had a net margin of 5.37% and a return on equity of 6.68%. View RMR Group's earnings history.

RMR Group declared a quarterly dividend on Thursday, January 16th. Shareholders of record on Monday, January 27th will be given a dividend of $0.38 per share on Thursday, February 20th. This represents a $1.52 annualized dividend and a yield of 5.24%. The ex-dividend date is Friday, January 24th. View RMR Group's dividend history.

9 brokerages have issued 1-year price objectives for RMR Group's shares. Their forecasts range from $22.00 to $63.00. On average, they anticipate RMR Group's share price to reach $48.22 in the next year. This suggests a possible upside of 66.3% from the stock's current price. View analysts' price targets for RMR Group.

Media coverage about RMR stock has been trending very negative on Sunday, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. RMR Group earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutRMR Group.

RMR Group saw a decline in short interest in February. As of February 28th, there was short interest totaling 318,900 shares, a decline of 16.8% from the February 13th total of 383,300 shares. Based on an average daily volume of 90,900 shares, the days-to-cover ratio is currently 3.5 days. Currently, 4.5% of the shares of the company are short sold. View RMR Group's Current Options Chain.

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

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), Verizon Communications (VZ), Alibaba Group (BABA), Honeywell International (HON), Walmart (WMT), Intel (INTC), Cisco Systems (CSCO) and QUALCOMM (QCOM).

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

RMR Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Hawk Ridge Capital Management LP (2.33%), Engine Capital Management LP (2.31%), Renaissance Technologies LLC (1.98%), FMR LLC (1.72%), Geode Capital Management LLC (1.03%) and Acadian Asset Management LLC (0.97%). View institutional ownership trends for RMR Group.

RMR stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Prudential Financial Inc., Marshall Wace LLP, Robeco Institutional Asset Management B.V., Acadian Asset Management LLC, Hawk Ridge Capital Management LP, Alberta Investment Management Corp, and Goldman Sachs Group Inc.. View insider buying and selling activity for RMR Group.

RMR stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, FMR LLC, Man Group plc, Renaissance Technologies LLC, Oxford Asset Management LLP, Nuveen Asset Management LLC, First Quadrant L P CA, and Aviva PLC. 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 $29.00.

RMR Group has a market capitalization of $907.70 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. View additional information about RMR Group.

The official website for RMR Group is http://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]