The RMR Group Inc. (RMR)
| Market Cap | 428.61M |
| Revenue (ttm) | 901.68M |
| Net Income (ttm) | 32.30M |
| Shares Out | 16.60M |
| EPS (ttm) | 1.93 |
| PE Ratio | 13.45 |
| Forward PE | 13.35 |
| Dividend | $1.60 (6.23%) |
| Ex-Dividend Date | Jan 20, 2023 |
| Volume | 9,725 |
| Open | 26.09 |
| Previous Close | 25.80 |
| Day's Range | 25.64 - 26.28 |
| 52-Week Range | 23.00 - 31.55 |
| Beta | 1.49 |
| Analysts | Buy |
| Price Target | 34.00 (+32.3%) |
| Earnings Date | May 2, 2023 |
About RMR
The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States. The company provides management services to its four publicly traded real estate investment trusts and three real estate operating companies. 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. [Read more]
Financial Performance
In 2022, The RMR Group's revenue was $832.50 million, an increase of 37.10% compared to the previous year's $607.24 million. Earnings were $34.00 million, a decrease of -4.74%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for RMR stock is "Buy." The 12-month stock price forecast is $34.0, which is an increase of 32.30% from the latest price.
News
The RMR Group Earns 2023 ENERGY STAR® Partner of the Year Award for the Fifth Consecutive Year
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it received the 2023 ENERGY STAR® Partner of the Year Award for the fifth consecutive year. RMR was also recognized as ...
TA: Arko's credit rating doesn't meet requirement for acquisition
TravelCenters of America has again rejected the bid of convenience store operator Arko, citing debt ratings of its respective suitors to stick with the bid by BP to acquire the truck stop chain. Arko ...
The RMR Group Named to Boston Business Journal's 2023 Middle Market Leaders Ranking
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) placed among the fastest growing middle market companies in Massachusetts by the Boston Business Journal (BBJ) in its 2023 Middle Market Lea...
The RMR Group Reports Approximately 2.5 Million Square Feet of Leasing Activity for the Three Months Ended December 31, 2022
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) announced the execution of 69 leases for approximately 2.5 million square feet on behalf of its clients during the three months ended Decemb...
RMR Group (RMR) Q1 Earnings Lag Estimates
RMR Group (RMR) delivered earnings and revenue surprises of -3.77% and 17.14%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
The RMR Group Inc. Announces First Quarter Fiscal 2023 Results
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended December 31, 2022, which can be found at the Quarterly Results sec...
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The RMR Group Announces Quarterly Dividend on Common Shares
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced a regular quarterly cash distribution on its shares of Class A Common Stock and Class B-1 Common Stock of $0.40 per s...
The RMR Group First Quarter 2023 Conference Call Scheduled for Friday, February 3rd
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it will issue a press release containing its first quarter 2023 financial results after the Nasdaq closes on Thursday...
The RMR Group Named a 2022 Top Place to Work by The Boston Globe
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that for the third consecutive year it has been named as one of the Top Places to Work in Massachusetts by The Boston Glob...
The RMR Group Reports Approximately 2.7 Million Square Feet of Leasing Activity for the Three Months Ended September 30, 2022
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) announced the execution of 81 leases for approximately 2.7 million square feet on behalf of its clients during the three months ended Sept...
RMR Group (RMR) Lags Q4 Earnings Estimates
RMR Group (RMR) delivered earnings and revenue surprises of -1.72% and 25.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
The RMR Group Inc. Announces Fourth Quarter Fiscal 2022 Results
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended September 30, 2022.
The RMR Group Inc. Fourth Quarter 2022 Conference Call Scheduled for Tuesday, November 15th
NEWTON, Mass.
Seven Hills Realty Trust Appoints Tiffany Sy as Chief Financial Officer and Treasurer
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that Tiffany Sy has been appointed as Chief Financial Officer and Treasurer, effective October 1, 2022. Ms. Sy j...
The RMR Group Reports Approximately 5.0 Million Square Feet of Leasing Activity for the Three Months Ended June 30, 2022
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) announced the execution of 90 leases for approximately 5.0 million square feet on behalf of its clients during the three months ended June 3...
RMR Group (RMR) Matches Q3 Earnings Estimates
RMR Group (RMR) delivered earnings and revenue surprises of 0% and 16.04%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
The RMR Group Inc. Announces Third Quarter Fiscal 2022 Results
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended June 30, 2022. Adam Portnoy, President and Chief Executive Officer, ...
The RMR Group Inc. Announces Quarterly Dividend on Common Shares
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced a regular quarterly cash dividend on its shares of Class A Common Stock and Class B-1 Common Stock of $0.40 per share (...
The RMR Group Highlights Environmental, Social and Governance Achievements and Goals in Annual Sustainability Report
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) published its annual Sustainability Report and announced its pledge to reach net-zero carbon emissions by 2050.
The RMR Group Inc. Third Quarter 2022 Conference Call Scheduled for Friday, August 5th
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced that it will issue a press release containing its third quarter 2022 financial results after the Nasdaq closes on Thurs...
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The RMR Group Reports 1.9 Million Square Feet of Leasing Activity for the Three Months Ended March 31, 2022
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) announced the execution of 93 leases for approximately 1.9 million square feet on behalf of its clients during the three months ended March ...