The RMR Group Inc. (RMR)

NASDAQ: RMR · IEX Real-Time Price · USD
28.65
-0.42 (-1.44%)
May 18, 2022 4:00 PM EDT - Market closed
Market Cap472.77M
Revenue (ttm)697.95M
Net Income (ttm)36.29M
Shares Out16.50M
EPS (ttm)2.12
PE Ratio13.51
Forward PE13.77
Dividend$8.54 (29.81%)
Ex-Dividend DateApr 22, 2022
Volume72,617
Open28.79
Previous Close29.07
Day's Range28.47 - 28.94
52-Week Range26.82 - 47.12
Beta1.70
AnalystsBuy
Price Target35.70 (+24.6%)
Earnings DateMay 4, 2022

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.

IndustryReal Estate Management & Development
Founded1986
CEOAdam Portnoy
Employees600
Stock ExchangeNASDAQ
Ticker SymbolRMR
Full Company Profile

Financial Performance

In 2021, The RMR Group's revenue was $607.24 million, an increase of 3.01% compared to the previous year's $589.51 million. Earnings were $35.70 million, an increase of 23.98%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for RMR stock is "Buy." The 12-month stock price forecast is 35.7, which is an increase of 24.61% from the latest price.

Price Target
$35.7
(24.61% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The RMR Group Earns 2022 ENERGY STAR® Partner of the Year Award for the Fourth Consecutive Year

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced that it received the 2022 ENERGY STAR® Partner of the Year Award for ENERGY STAR related activities at buildings it manag...

1 week ago - Business Wire

The RMR Group Inc. Announces Second Quarter Fiscal 2022 Results

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended March 31, 2022. Adam Portnoy, President and Chief Executive Officer, m...

2 weeks ago - Business Wire

The RMR Group Inc. Raises Quarterly Dividend by 5.3%

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced it has raised its regular quarterly cash dividend on its shares of Class A Common Stock and Class B-1 Common Stock to $0....

1 month ago - Business Wire

The RMR Group Inc. Second Quarter 2022 Conference Call Scheduled for Thursday, May 5th

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced that it will issue a press release containing its second quarter 2022 financial results after the Nasdaq closes on Wednes...

1 month ago - Business Wire

The RMR Group Inc. Announces Annual Meeting Results

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced the results of its 2022 Annual Meeting of Shareholders which was held today. Ann Logan was re-elected as an Independent D...

2 months ago - Business Wire

The RMR Group Launches Mixed-Use Redevelopment Near Seattle's Elliott Bay

SEATTLE--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced the redevelopment of 351, 401 and 501 Elliott Avenue West in Seattle into Unison Elliott Bay, a three building mixed-use develo...

2 months ago - Business Wire

The RMR Group Reports Four Million Square Feet of Leasing Activity for the Three Months Ended December 31, 2021

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced the execution of 108 leases comprising approximately 4.0 million square feet for its clients during the three months ended Dec...

2 months ago - Business Wire

RMR Group (RMR) Misses Q1 Earnings Estimates

RMR Group (RMR) delivered earnings and revenue surprises of -4.17% and 11.21%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

The RMR Group Inc. Announces First Quarter Fiscal 2022 Results

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended December 31, 2021. Adam Portnoy, President and Chief Executive Officer...

3 months ago - Business Wire

RMR Group (RMR) Earnings Expected to Grow: Should You Buy?

RMR Group (RMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

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 $0.38 per share ($1...

4 months ago - Business Wire

The RMR Group Inc. First Quarter 2022 Conference Call Scheduled for Friday, January 28th

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced that it will issue a press release containing its first quarter 2022 financial results after the Nasdaq closes on Thursda...

4 months ago - Business Wire

The RMR Group Reports 102 Leases Totaling Approximately 2.8 Million Square Feet for the Three Months Ended September ...

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced the execution of 102 new and renewal leases during the three months ended September 30, 2021 for its clients. This includes 42...

5 months ago - Business Wire

The RMR Group Named a 2021 Top Place to Work by The Boston Globe for Second Consecutive Year

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it has been named by The Boston Globe as one of the Top Places to Work in Massachusetts for the second consecutive year. ...

5 months ago - Business Wire

RMR Group (RMR) Matches Q4 Earnings Estimates

RMR Group (RMR) delivered earnings and revenue surprises of 0.00% and 16.01%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Recap: RMR Group Q4 Earnings

RMR Group (NASDAQ:RMR) reported its Q4 earnings results on Monday, November 15, 2021 at 05:00 PM. Here's what investors need to know about the announcement.

6 months ago - Benzinga

The RMR Group Inc. Announces Fourth Quarter 2021 Results

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended September 30, 2021. Adam Portnoy, President and Chief Executive Office...

6 months ago - Business Wire

RMR Group (RMR) Reports Next Week: Wall Street Expects Earnings Growth

RMR Group (RMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

The RMR Group Inc. Wins Highest Honors at 2021 IREM REME Awards

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) is winner of the 2021 IREM Excellence Award – Corporate and RMR Area Manager Julia Paluka is IREM's CPM® of the Year.

6 months ago - Business Wire

The RMR Group Inc. Fourth Quarter 2021 Conference Call Scheduled for Tuesday, November 16th

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced that it will issue a press release containing its fourth quarter 2021 financial results after the Nasdaq closes on Monday...

7 months ago - Business Wire

RMR Group (RMR) Sees Hammer Chart Pattern: Time to Buy?

RMR Group (RMR) has been struggling lately, but the selling pressure may be coming to an end soon.

7 months ago - Zacks Investment Research

The RMR Group Inc. Announces Changes to the Benchmark Indices for Its Business Management Agreements With Its Managed...

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced that its majority-owned subsidiary, The RMR Group LLC, and each of Diversified Healthcare Trust (Nasdaq: DHC), Industrial...

7 months ago - Business Wire

The RMR Group Appoints Andrew Fay Senior Vice President

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced the appointment of Andrew Fay as Senior Vice President. In this new role, Mr. Fay will be responsible for establishing an...

8 months ago - Business Wire

RMR Group (RMR) Just Flashed Golden Cross Signal: Do You Buy?

Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?

8 months ago - Zacks Investment Research

RMR Group CEO on office and industrial real estate

Adam Portnoy, RMR Group president and CEO, joins 'Squawk Box' to give an overview of the commercial real estate market during the pandemic.

8 months ago - CNBC Television