The RMR Group Inc. is a holding company. The Company's business is primarily conducted by its subsidiary, The RMR Group LLC (RMR LLC). The Company's segments include RMR LLC and All Other Operations. RMR LLC manages a portfolio of publicly owned real estate and real estate related businesses. RMR LLC manages Government Properties Income Trust, a real estate investment trust (REIT) that primarily owns properties that are leased to government tenants; Hospitality Properties Trust, an REIT that primarily owns hotels and travel centers; Select Income REIT, an REIT that primarily owns properties leased to single tenants across the United States and leased lands in Hawaii, and Senior Housing Properties Trust, an REIT that primarily owns senior living communities and medical office buildings. As of June 30, 2016, RMR LLC managed over 1,300 properties, which were located in 48 states, Washington, District of Columbia, Puerto Rico and Canada.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Real Estate Development & Operations
- Sub-Industry: N/A
- Symbol: NYSE:RMR
- CUSIP: N/A
- Web: www.rmrgroup.com/
- Market Cap: $792.63 million
- Outstanding Shares: 16,094,000
- 50 Day Moving Avg: $49.08
- 200 Day Moving Avg: $49.86
- 52 Week Range: $33.90 - $55.10
Sales & Book Value:
- Trailing P/E Ratio: 17.80
- Foreward P/E Ratio: 11.92
- P/E Growth: 0.13
- Annual Revenue: $230.67 million
- Price / Sales: 3.44
- Book Value: $9.19 per share
- Price / Book: 5.36
- EBIDTA: $154.37 million
- Net Margins: 31.72%
- Return on Equity: 18.72%
- Return on Assets: 17.66%
- Average Volume: 34,209 shs.
- Short Ratio: 2.27
Frequently Asked Questions for RMR Group (NYSE:RMR)
What is RMR Group's stock symbol?
RMR Group trades on the New York Stock Exchange (NYSE) 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 Wednesday, July 12th. Investors of record on Monday, July 24th will be given a dividend of $0.25 per share on Thursday, August 17th. This represents a $1.00 annualized dividend and a yield of 2.03%. The ex-dividend date is Thursday, July 20th. View RMR Group's Dividend History.
How were RMR Group's earnings last quarter?
RMR Group Inc (NYSE:RMR) announced its quarterly earnings results on Wednesday, August, 9th. The company reported $0.44 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.46 by $0.02. The firm earned $55.50 million during the quarter, compared to analyst estimates of $54.65 million. RMR Group had a net margin of 31.72% and a return on equity of 18.72%. View RMR Group's Earnings History.
When will RMR Group make its next earnings announcement?
Where is RMR Group's stock going? Where will RMR Group's stock price be in 2017?
4 equities research analysts have issued 1 year target prices for RMR Group's shares. Their predictions range from $48.00 to $68.00. On average, they anticipate RMR Group's share price to reach $58.00 in the next year. View Analyst Ratings for RMR Group.
What are analysts saying about RMR Group stock?
Here are some recent quotes from research analysts about RMR Group stock:
- 1. Canaccord Genuity analysts commented, "We note that we are primarily focused on EBITDA and AUM growth, as transaction costs and one time items can sway EPS materially. With solid activity at all of the managed REITs including the $1.4B FPO acquisition and completed $289M of acquisitions, we believe RMR is finding ways to build AUM accretively. While GOV, HPT, and SIR were all down in the quarter, we note that GOV was not expected to generate an incentive management fee for 2017 anyway, while HPT is still well above the incentive fee cap on our estimates. SNH stock price increased modestly in the quarter, and should build upon our previously forecasted incentive fee payment." (8/9/2017)
- 2. According to Zacks Investment Research, "The RMR Group Inc. primarily provides management services to publicly owned real estate investment trusts and real estate operating companies. The RMR Group Inc. is headquartered in Newton, MA. " (7/12/2017)
Who are some of RMR Group's key competitors?
Some companies that are related to RMR Group include Kennedy Wilson Europe Real Estate PLC (KWE), St. Joe Company (The) (JOE), St. Modwen Properties plc (SMP), Five Point Holdings, LLC (FPH), CLS Holdings plc (CLI), Forestar Group (FOR), Sirius Real Estate Limited (SRE), Watkin Jones PLC (WJG), Urban&Civic PLC (UANC), Helical PLC (HLCL), Raven Russia Limited (RUS), Consolidated-Tomoka Land (CTO), Transcontinental Realty Investors (TCI), U and I Group PLC (UAI), Conygar Investment Company PLC (CIC), Real Estate Investors PLC. (RLE), Gafisa SA (GFA) and Lok'n Store Group Plc (LOK).
Who are RMR Group's key executives?
RMR Group's management team includes the folowing people:
- Adam D. Portnoy, President, Chief Executive Officer, Managing Director
- Matthew P. Jordan, Chief Financial Officer, Treasurer
- Jennifer B. Clark, Executive Vice President, General Counsel, Secretary
- Barry M. Portnoy, Managing Director
- David M. Blackman, Executive Vice President of RMR LLC
- David J. Hegarty, Executive Vice President of RMR LLC
- Mark L. Kleifges, Executive Vice President of RMR LLC
- Bruce J. Mackey Jr., Executive Vice President of RMR LLC
- John G. Murray, Executive Vice President of RMR LLC
- Thomas M. O'Brien, Executive Vice President of RMR LLC
Who owns RMR Group stock?
RMR Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.86%), Acadian Asset Management LLC (3.13%), Dimensional Fund Advisors LP (1.13%), State Street Corp (0.84%), Northern Trust Corp (0.72%) and AJO LP (0.68%). View Institutional Ownership Trends for RMR Group.
Who sold RMR Group stock? Who is selling RMR Group stock?
RMR Group's stock was sold by a variety of institutional investors in the last quarter, including Engine Capital Management LLC, Acadian Asset Management LLC, Los Angeles Capital Management & Equity Research Inc., American Century Companies Inc., State Street Corp, JPMorgan Chase & Co., TIAA CREF Investment Management LLC and Parametric Portfolio Associates LLC. View Insider Buying and Selling for RMR Group.
Who bought RMR Group stock? Who is buying RMR Group stock?
RMR Group's stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., FMR LLC, Seizert Capital Partners LLC, Dimensional Fund Advisors LP, Cadence Capital Management LLC, Old Mutual Global Investors UK Ltd., Garner Asset Management Corp and Summit Global Investments. View Insider Buying and Selling for RMR Group.
How do I buy RMR Group stock?
Shares of RMR Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is RMR Group's stock price today?
MarketBeat Community Rating for RMR Group (NYSE RMR)MarketBeat's community ratings are surveys of what our community members think about RMR Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of RMR Group stock can currently be purchased for approximately $49.25.
Consensus Ratings for RMR Group (NYSE:RMR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$58.00 (17.77% upside)|
Analysts' Ratings History for RMR Group (NYSE:RMR)
(Data available from 9/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/15/2017||Canaccord Genuity||Set Price Target||Buy||$68.00||Low|
|5/12/2017||FBR & Co||Reiterated Rating||Mkt Perform -> Mkt Perform||$44.00 -> $48.00||Low|
|4/18/2017||Oppenheimer Holdings, Inc.||Initiated Coverage||Market Perform||Low|
|1/17/2017||William Blair||Initiated Coverage||Outperform||N/A|
|10/19/2016||JMP Securities||Initiated Coverage||Market Perform||N/A|
Earnings History for RMR Group (NYSE:RMR)Earnings History by Quarter for RMR Group (NYSE RMR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|12/21/2017|| || || || || || || || |
|8/9/2017||Q3 2017||$0.46||$0.44||$54.65 million||$55.50 million||View||Listen|
|5/10/2017||3/31/2017||$0.44||$0.43||$52.79 million||$54.30 million||View||N/A|
|2/9/2017||Q117||$1.26||$1.46||$90.45 million||$105.30 million||View||Listen|
|12/15/2016||Q416||$0.45||$0.46||$51.14 million||$56.27 million||View||N/A|
|5/10/2016||Q216||$0.59||$0.38||$47.63 million||$48.30 million||View||N/A|
Earnings Estimates for RMR Group (NYSE:RMR)
2017 EPS Consensus Estimate: $1.78
2018 EPS Consensus Estimate: $2.94
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for RMR Group (NYSE:RMR)
|Most Recent Dividend:||8/17/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||35.97% (Based on This Year's Estimates)|
24.21% (Based on Next Year's Estimates)
Dividend History by Quarter for RMR Group (NYSE RMR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for RMR Group (NYSE:RMR)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for RMR Group (NYSE:RMR)
Latest Headlines for RMR Group (NYSE:RMR)
| Analysts Expect RMR Group Inc (RMR) to Post $0.45 EPS|
www.americanbankingnews.com - September 24 at 8:10 PM
|Is The RMR Group Inc (RMR) A Real Estate Leader?|
finance.yahoo.com - September 22 at 9:56 PM
|The RMR Group Inc. Announces Three Property Awards|
finance.yahoo.com - September 22 at 4:55 PM
|Head to Head Analysis: RMR Group (RMR) & Alexander & Baldwin Holdings (ALEX)|
www.americanbankingnews.com - September 20 at 9:24 AM
|Senior Housing Properties Trust Announces Valley Creek Office Park Achieves BOMA 360 Designation|
finance.yahoo.com - September 20 at 8:26 AM
|Tremont Mortgage prices downsized IPO at $20|
www.nasdaq.com - September 15 at 8:20 AM
|Head to Head Review: RMR Group (RMR) and Forestar Group (FOR)|
www.americanbankingnews.com - September 14 at 2:42 PM
|Head-To-Head Review: St. Joe Company (The) (JOE) and RMR Group (RMR)|
www.americanbankingnews.com - September 12 at 11:00 AM
|RMR Group Inc (RMR) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - September 12 at 9:03 AM
|US IPO Week Ahead: A unicorn hunter takes aim at $500 million in a week with 2 IPOs|
www.nasdaq.com - September 9 at 8:00 AM
|RMR Group, Inc. breached its 50 day moving average in a Bearish Manner : RMR-US : September 8, 2017|
finance.yahoo.com - September 9 at 8:00 AM
|RMR Group Inc (RMR) Expected to Post Quarterly Sales of $57.62 Million|
www.americanbankingnews.com - September 8 at 11:10 AM
|Tremont Mortgage Trust sets terms for $90 million IPO|
www.nasdaq.com - September 7 at 8:27 AM
|RMR Group, Inc. breached its 50 day moving average in a Bullish Manner : RMR-US : August 29, 2017|
finance.yahoo.com - August 30 at 8:38 AM
|RMR Group, Inc. : RMR-US: Dividend Analysis : July 24th, 2017 (record date) : By the numbers : August 25, 2017|
finance.yahoo.com - August 26 at 8:54 AM
|Q4 2018 Earnings Estimate for RMR Group Inc (RMR) Issued By Oppenheimer Holdings|
www.americanbankingnews.com - August 24 at 1:08 PM
|Q4 2017 Earnings Forecast for RMR Group Inc Issued By Oppenheimer Holdings (RMR)|
www.americanbankingnews.com - August 23 at 11:14 AM
|RMR Group Inc (RMR) Expected to Post Quarterly Sales of $56.73 Million|
www.americanbankingnews.com - August 20 at 3:54 AM
|RMR Group Inc (RMR) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - August 18 at 8:38 AM
|Head-To-Head Analysis: RMR Group (RMR) versus Transcontinental Realty Investors (TCI)|
www.americanbankingnews.com - August 14 at 6:12 PM
|Equities Analysts Offer Predictions for RMR Group Inc's Q2 2018 Earnings (RMR)|
www.americanbankingnews.com - August 14 at 7:38 AM
|Analysts Issue Forecasts for RMR Group Inc's FY2017 Earnings (NYSE:RMR)|
www.americanbankingnews.com - August 14 at 5:08 AM
|Comparing RMR Group (RMR) and Five Point Holdings (FPH)|
www.americanbankingnews.com - August 13 at 12:40 PM
|RMR Group Inc (NYSE:RMR) Releases Earnings Results, Misses Estimates By $0.02 EPS|
www.americanbankingnews.com - August 11 at 3:22 PM
|RMR Group Inc (NYSE:RMR) to Post Q4 2017 Earnings of $0.54 Per Share, William Blair Forecasts|
www.americanbankingnews.com - August 11 at 1:04 PM
|Brokers Offer Predictions for RMR Group Inc's Q4 2017 Earnings (NYSE:RMR)|
www.americanbankingnews.com - August 11 at 1:04 PM
|RMR Group misses 3Q profit forecasts|
www.cnbc.com - August 10 at 7:28 AM
|The RMR Group Inc. Announces Third Quarter Fiscal 2017 Results|
finance.yahoo.com - August 10 at 7:28 AM
|Edited Transcript of RMR earnings conference call or presentation 9-Aug-17 5:00pm GMT|
finance.yahoo.com - August 10 at 7:28 AM
|RMR Group's (RMR) "Buy" Rating Reaffirmed at Canaccord Genuity|
www.americanbankingnews.com - August 9 at 9:44 PM
|RMR Group Inc (NYSE:RMR) to Release Quarterly Earnings on Wednesday|
www.americanbankingnews.com - August 5 at 9:06 AM
|The RMR Group Inc. Third Quarter 2017 Conference Call Scheduled for Wednesday, August 9th|
finance.yahoo.com - August 5 at 6:41 AM
|RMR Group (RMR) versus Gafisa SA (GFA) Critical Contrast|
www.americanbankingnews.com - August 4 at 12:18 AM
|$54.65 Million in Sales Expected for RMR Group Inc (RMR) This Quarter|
www.americanbankingnews.com - August 2 at 8:30 AM
|RMR Group, Inc. breached its 50 day moving average in a Bearish Manner : RMR-US : August 1, 2017|
finance.yahoo.com - August 2 at 7:15 AM
|RMR Group Inc (RMR) Expected to Post Earnings of $0.46 Per Share|
www.americanbankingnews.com - July 31 at 9:42 AM
|RMR Group (NYSE:RMR) versus Gafisa SA (GFA) Head-To-Head Comparison|
www.americanbankingnews.com - July 31 at 9:32 AM
|Dividend Coverage: This Real Estate Development Company has a Dividend Yield of 2.03%; Will Trade Ex-Dividend on July 20, 2017|
finance.yahoo.com - July 19 at 7:21 AM
|RMR Group Inc Plans Quarterly Dividend of $0.25 (NYSE:RMR)|
www.americanbankingnews.com - July 12 at 4:54 PM
|RMR Group Inc (NYSE:RMR) Downgraded by Zacks Investment Research to Sell|
www.americanbankingnews.com - July 12 at 1:02 PM
|RMR Group, Inc. breached its 50 day moving average in a Bullish Manner : RMR-US : July 10, 2017|
finance.yahoo.com - July 11 at 7:12 AM
|$54.65 Million in Sales Expected for RMR Group Inc (NYSE:RMR) This Quarter|
www.americanbankingnews.com - July 9 at 10:24 AM
|Zacks: Brokerages Expect RMR Group Inc (RMR) to Post $0.46 EPS|
www.americanbankingnews.com - July 7 at 8:55 AM
|RMR Group Inc (RMR) Given a $72.00 Price Target at Canaccord Genuity|
www.americanbankingnews.com - June 28 at 11:40 PM
|Brookfield Property Partners L.P. (BPY) and RMR Group (RMR) Critical Analysis|
www.americanbankingnews.com - June 28 at 2:43 PM
|RMR Group Inc (RMR) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - June 27 at 8:42 AM
|The RMR Group Inc. to Ring Nasdaq Opening Bell on Wednesday, June 14, 2017|
finance.yahoo.com - June 14 at 8:24 AM
| Analysts Anticipate RMR Group Inc (RMR) to Post $0.46 Earnings Per Share|
www.americanbankingnews.com - June 13 at 7:32 AM
|RMR Group (RMR) Submits Draft Registration Statement for Commercial Mortgage REIT|
www.streetinsider.com - June 8 at 12:37 AM
|The RMR Group Inc. Announces Confidential Submission of a Draft Registration Statement for a Commercial Mortgage REIT|
finance.yahoo.com - June 7 at 11:25 AM
RMR Group (RMR) Chart for Tuesday, September, 26, 2017