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 four publicly traded real estate investment trusts (REITs) and three real estate operating companies. As of September 30, 2017, the company had approximately 1,400 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Management consulting services
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:RMR
Previous SymbolNASDAQ:RMRAV
CUSIPN/A
Phone617-796-8230
Debt
Debt-to-Equity RatioN/A
Current Ratio5.50
Quick Ratio5.50
Price-To-Earnings
Trailing P/E Ratio17.15
Forward P/E Ratio29.01
P/E GrowthN/A
Sales & Book Value
Annual Sales$271.73 million
Price / Sales7.45
Cash Flow$4.6455 per share
Price / Cash13.99
Book Value$19.19 per share
Price / Book3.39
Profitability
EPS (Most Recent Fiscal Year)$3.79
Net Income$42.29 million
Net Margins23.43%
Return on Equity9.97%
Return on Assets8.03%
Miscellaneous
Employees53,475
Outstanding Shares31,170,000
Market Cap$2.23 billion
OptionableNot Optionable
RMR Group (NASDAQ:RMR) Frequently Asked Questions
What is RMR Group's stock symbol?
RMR Group trades on the NASDAQ under the ticker symbol "RMR."
How often does RMR Group pay dividends? What is the dividend yield for RMR Group?
RMR Group announced a quarterly dividend on Thursday, October 18th. Stockholders of record on Monday, October 29th will be given a dividend of $0.35 per share on Thursday, November 15th. This represents a $1.40 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend is Friday, October 26th. This is an increase from RMR Group's previous quarterly dividend of $0.25. View RMR Group's Dividend History.
How were RMR Group's earnings last quarter?
RMR Group Inc (NASDAQ:RMR) announced its earnings results on Wednesday, August, 8th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The financial services provider earned $62.08 million during the quarter, compared to analysts' expectations of $59.03 million. RMR Group had a net margin of 23.43% and a return on equity of 9.97%. View RMR Group's Earnings History.
When is RMR Group's next earnings date?
What price target have analysts set for RMR?
2 brokerages have issued 12-month target prices for RMR Group's stock. Their forecasts range from $89.00 to $89.00. On average, they anticipate RMR Group's share price to reach $89.00 in the next year. This suggests a possible upside of 36.9% from the stock's current price. View Analyst Price Targets for RMR Group.
What is the consensus analysts' recommendation for RMR Group?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RMR Group in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RMR Group.
Has RMR Group been receiving favorable news coverage?
Media coverage about RMR stock has trended neutral this week, InfoTrie reports. 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 publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. RMR Group earned a coverage optimism score of 0.1 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.
Who are some of RMR Group's key competitors?
Some companies that are related to RMR Group include Booz Allen Hamilton (BAH), Genpact (G), Exponent (EXPO), FTI Consulting (FCN), ICF International (ICFI), Huron Consulting Group (HURN), Navigant Consulting (NCI), NIC (EGOV), The Hackett Group (HCKT), Blackrock Capital Investment (BKCC), Avalon Globocare (AVCO), Information Services Group (III), China Internet Nationwide Fncl Srvcs (CIFS), Wilhelmina International (WHLM) and Lightbridge (LTBR).
Who are RMR Group's key executives?
RMR Group's management team includes the folowing people:
- Mr. Adam David Portnoy, CEO, Pres, MD & Director (Age 48)
- Ms. Jennifer Babbin Clark, Exec. VP, Gen. Counsel, Sec. & Director (Age 56)
- Mr. Matthew P. Jordan, CFO & Treasurer (Age 43)
- Mr. G. Douglas Lanois, Sr. VP of Tremont Realty Capital - RMR Group LLC (Age 57)
- Ms. Katherine E. Potter, Sr. VP of Legal & Assistant Gen. Counsel of RMR Group LLC (Age 42)
Who are RMR Group's major shareholders?
RMR Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Acadian Asset Management LLC (1.64%), BlackRock Inc. (1.55%), FMR LLC (1.35%), Dimensional Fund Advisors LP (1.18%), Renaissance Technologies LLC (0.80%) and Wells Fargo & Company MN (0.24%).
Which institutional investors are selling RMR Group stock?
RMR stock was sold by a variety of institutional investors in the last quarter, including Panagora Asset Management Inc., Acadian Asset Management LLC, Bowling Portfolio Management LLC, Macquarie Group Ltd., Mackenzie Financial Corp, Pensionfund DSM Netherlands, Schroder Investment Management Group and Teachers Advisors LLC.
Which institutional investors are buying RMR Group stock?
RMR stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Chicago Equity Partners LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Aurora Investment Counsel, United Services Automobile Association, Sterling Capital Management LLC and Russell Investments Group Ltd..
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, Scottrade, Fidelity and Charles Schwab.
What is RMR Group's stock price today?
One share of RMR stock can currently be purchased for approximately $64.99.
How big of a company is RMR Group?
RMR Group has a market capitalization of $2.23 billion and generates $271.73 million in revenue each year. The financial services provider earns $42.29 million in net income (profit) each year or $3.79 on an earnings per share basis. RMR Group employs 53,475 workers across the globe.
What is RMR Group's official website?
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]
MarketBeat Community Rating for RMR Group (NASDAQ RMR)
MarketBeat's community ratings are surveys of what our community members think about RMR Group and other stocks. Vote "Outperform" if you believe RMR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RMR will underperform the S&P 500 over the long term. You may vote once every thirty days.
