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NASDAQ:RMR

The RMR Group (RMR) Stock Price, News & Analysis

$24.48
+0.03 (+0.12%)
(As of 09/6/2024 ET)
Today's Range
$24.32
$24.62
50-Day Range
$22.48
$26.20
52-Week Range
$21.60
$28.82
Volume
46,216 shs
Average Volume
90,018 shs
Market Capitalization
$776.75 million
P/E Ratio
9.10
Dividend Yield
7.35%
Price Target
$32.00

The RMR Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
30.7% Upside
$32.00 Price Target
Short Interest
Healthy
1.00% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-6.71%
From $1.64 to $1.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.46 out of 5 stars

Finance Sector

350th out of 871 stocks

Management Consulting Services Industry

6th out of 14 stocks

RMR stock logo

About The RMR Group Stock (NASDAQ:RMR)

The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides asset management services in the United States. The company offers management services to its four publicly traded real estate investment trusts, three real estate operating companies, and private capital vehicles. It also provides advisory services to publicly traded mortgage real estate investment trust. The company was formerly known as REIT Management & Research Inc. and changed its name to The RMR Group Inc. in October 2015. The RMR Group Inc. was founded in 1986 and is headquartered in Newton, Massachusetts.

RMR Stock Price History

RMR Stock News Headlines

Oppenheimer Reaffirms Their Hold Rating on The RMR Group (RMR)
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Q3 2024 RMR Group Inc Earnings Call Transcript
Need $8,500? Invest in These 8 Dividend Stocks
See More Headlines
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Company Calendar

Ex-Dividend for 8/15 Dividend
7/22/2024
Last Earnings
8/01/2024
Dividend Payable
8/15/2024
Today
9/07/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/20/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Management consulting services
Sub-Industry
Business Services
Current Symbol
NASDAQ:RMR
Previous Symbol
NASDAQ:RMRAV
Employees
600
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$32.00
High Stock Price Target
$32.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+30.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$57.15 million
Pretax Margin
7.63%

Debt

Sales & Book Value

Annual Sales
$962.32 million
Cash Flow
$1.30 per share
Book Value
$13.36 per share

Miscellaneous

Free Float
14,323,000
Market Cap
$776.75 million
Optionable
Optionable
Beta
1.26

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Key Executives

  • Mr. Adam David Portnoy (Age 54)
    CEO, President, MD & Director
    Comp: $3.62M
  • Ms. Jennifer Babbin Clark (Age 63)
    MD, Executive VP, General Counsel, Secretary & Director
    Comp: $3.7M
  • Mr. John G. Murray (Age 63)
    Executive Vice President
    Comp: $663.22k
  • Mr. Rob Gayle
    Vice President of Operations & Business Development of The RMR Group LLC
  • Ms. Stefanie Bertcher
    Vice President of Investor Relations of The RMR Group
  • Mr. Christopher Ranjitkar
    Vice President of Marketing & Corporate Communications
  • Ms. Diane Proctor
    Vice President of Human Resources
  • Mr. Timothy A. Bonang (Age 60)
    Senior Vice President of The RMR Group LLC
  • Mr. Mark R. Young (Age 61)
    Senior Vice President of RMR Group LLC
  • Ms. Jacquelyn S. Anderson
    Senior Vice President of The RMR Group LLC

RMR Stock Analysis - Frequently Asked Questions

How have RMR shares performed this year?

The RMR Group's stock was trading at $28.23 at the beginning of 2024. Since then, RMR shares have decreased by 13.3% and is now trading at $24.48.
View the best growth stocks for 2024 here
.

How were The RMR Group's earnings last quarter?

The RMR Group Inc. (NASDAQ:RMR) released its quarterly earnings results on Thursday, August, 1st. The financial services provider reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.39 by $0.02. The financial services provider had revenue of $205.48 million for the quarter, compared to analysts' expectations of $227.68 million. The RMR Group had a trailing twelve-month return on equity of 6.95% and a net margin of 2.80%.

Does The RMR Group have any subsidiaries?

The RMR Group subsidiaries include these companies: Tremont Realty Capital, RMR Licenses Inc., The RMR Group LLC, and Tremont Realty Capital LLC.

Who are The RMR Group's major shareholders?

The RMR Group's top institutional investors include Federated Hermes Inc. (1.66%), Renaissance Technologies LLC (1.43%), Dimensional Fund Advisors LP (1.10%) and Nantahala Capital Management LLC (0.95%).
View institutional ownership trends
.

How do I buy shares of The RMR Group?

Shares of RMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of The RMR Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that The RMR Group investors own include CVS Health (CVS), Verizon Communications (VZ), Home Depot (HD), AT&T (T), Cisco Systems (CSCO), Intel (INTC).

This page (NASDAQ:RMR) was last updated on 9/7/2024 by MarketBeat.com Staff

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