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 (WHO). Since then, RMR stock has increased by 7.7% and is now trading at $33.70. 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) announced its quarterly earnings data on Monday, May, 11th. The financial services provider reported $0.39 earnings per share 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.

RMR Group declared 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 annualized dividend and a dividend yield of 4.51%. The ex-dividend date of this dividend is Friday, April 24th. View RMR Group's dividend history.

9 Wall Street analysts have issued twelve-month target prices for RMR Group's stock. 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 twelve months. This suggests a possible upside of 28.3% from the stock's current price. View analysts' price targets for RMR Group.

News headlines about RMR stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. 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 -2.7 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact 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 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 trading volume of 113,600 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.3% of the shares of the stock are short sold. 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), Wilhelmina International (WHLM), Pharma Bio Serv (PBSV), Lightbridge (LTBR), TSS (TSSI) 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 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.

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 $33.70.

RMR Group has a market capitalization of $1.06 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.

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]