The RMR Group Inc. (RMR)
| Market Cap | 732.79M |
| Revenue (ttm) | 973.25M |
| Net Income (ttm) | 57.81M |
| Shares Out | 31.71M |
| EPS (ttm) | 3.47 |
| PE Ratio | 6.66 |
| Forward PE | 11.96 |
| Dividend | $1.80 (7.79%) |
| Ex-Dividend Date | Apr 19, 2024 |
| Volume | 100,804 |
| Open | 22.80 |
| Previous Close | 22.98 |
| Day's Range | 22.62 - 23.14 |
| 52-Week Range | 20.79 - 28.82 |
| Beta | 1.35 |
| Analysts | Buy |
| Price Target | 29.25 (+26.57%) |
| Earnings Date | May 7, 2024 |
About 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 i... [Read more]
Financial Performance
In 2023, The RMR Group's revenue was $962.32 million, an increase of 15.59% compared to the previous year's $832.50 million. Earnings were $57.15 million, an increase of 68.06%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for RMR stock is "Buy." The 12-month stock price forecast is $29.25, which is an increase of 26.57% from the latest price.
News
The RMR Group Highlights Recent Achievements in 2023 Annual Sustainability Report
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced the publication of its 2023 Annual Sustainability Report, which outlines RMR's Environmental, Social and Governance (ESG) st...
The RMR Group Inc. Raises Quarterly Dividend by 12.5%
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced it has raised its regular quarterly cash distribution on its shares of Class A Common Stock and Class B-1 Common Stock ...
The RMR Group Fiscal Second Quarter 2024 Conference Call Scheduled for Wednesday, May 8th
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it will issue a press release containing its fiscal second quarter 2024 financial results after the Nasdaq closes on Tu...
The RMR Group Earns 2024 ENERGY STAR® Partner of the Year Award for the Sixth Consecutive Year
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it received the 2024 ENERGY STAR® Partner of the Year Award for the sixth consecutive year. RMR was also recognized as ...
The RMR Group Inc. Announces First Quarter Fiscal 2024 Results
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended December 31, 2023, which can be found at the Quarterly Results secti...
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 sha...
The RMR Group Fiscal First Quarter 2024 Conference Call Scheduled for Thursday, February 8th
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it will issue a press release containing its fiscal first quarter 2024 financial results after the Nasdaq closes on Wed...
The RMR Group Completes Acquisition of CARROLL Multifamily Platform
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it has completed its acquisition of MPC Partnership Holdings, LLC, doing business as CARROLL (“CARROLL”), a vertically ...
The RMR Group Named a Top Place to Work by The Boston Globe for the Fourth Consecutive Year
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that for the fourth consecutive year it has been named as one of the Top Places to Work in Massachusetts by The Boston Globe...
Office Properties Income Trust Appoints Yael Duffy as President and Chief Operating Officer Effective January 1, 2024
NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that Yael Duffy has been appointed President and Chief Operating Officer, effective January 1, 2024. Ms. Du...
Diversified Healthcare Trust Appoints Christopher Bilotto as President and Chief Executive Officer Effective January 1, 2024
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that Christopher Bilotto has been appointed President and Chief Executive Officer, effective January 1, 2024....
The RMR Group Announces Retirement of Executive Vice President Jennifer Francis
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that Jennifer Francis, an Executive Vice President, will be retiring from RMR on July 1, 2024 and that she will be resigning...
The RMR Group Inc. Announces Fourth Quarter Fiscal 2023 Results
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended September 30, 2023, which can be found at the Quarterly Results sect...
The RMR Group Fiscal Fourth Quarter 2023 Conference Call Scheduled for Thursday, November 16th
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it will issue a press release containing its fiscal fourth quarter 2023 financial results after the Nasdaq closes on We...
The RMR Group Announces Completion of 20 Mass Redevelopment; Project Wins NAIOP DC|MD's Best Renovation Award
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced the completion of a redevelopment project at 20 Massachusetts Avenue NW (“20 Mass”) in Washington, D.C. and recognition of t...
Seven Hills Realty Trust Appoints Fernando Diaz Chief Financial Officer and Treasurer
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the appointment of Fernando Diaz, CFA, as Chief Financial Officer and Treasurer, effective October 1, 2023. Mr. ...
Industrial Logistics Properties Trust Appoints Tiffany Sy as Chief Financial Officer and Treasurer
NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that Tiffany Sy has been appointed as Chief Financial Officer and Treasurer, effective October 1, 2...
Office Properties Income Trust Announces Executive Officer Promotions
NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that Christopher Bilotto has been appointed President and Chief Executive Officer and Brian Donley has been...
The RMR Group Reports Approximately 4.7 Million Square Feet of Leasing Activity for the Three Months Ended June 30, 2023
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) announced the execution of 77 leases for approximately 4.7 million square feet on behalf of its clients during the three months ended June 3...
The RMR Group Inc. Announces Third Quarter Fiscal 2023 Results
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended June 30, 2023, which can be found at the Quarterly Results section o...
The RMR Group to Acquire CARROLL Multifamily Platform
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it has entered into a definitive agreement to acquire 100% of the equity interests in MPC Partnership Holdings, LLC, do...
The RMR Group Fiscal Third Quarter 2023 Conference Call Scheduled for Thursday, August 10th
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it will issue a press release containing its fiscal third quarter 2023 financial results after the Nasdaq closes on Wed...
The RMR Group Reports Approximately 1.9 Million Square Feet of Leasing Activity for the Three Months Ended March 31, 2023
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) announced the execution of 65 leases for approximately 1.9 million square feet on behalf of its clients during the three months ended March ...
The RMR Group Inc. Announces Second Quarter Fiscal 2023 Results
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended March 31, 2023, which can be found at the Quarterly Results section ...
The RMR Group Highlights Environmental, Social and Governance Achievements in Annual Sustainability Report
Achieves 34.7% Contraction in Greenhouse Gas Emissions With 28.7% Power Usage and 15.1% Water Usage Reductions Compared with 2019 Baseline.