The RMR Group Inc. (RMR)
NASDAQ: RMR · IEX Real-Time Price · USD
22.66
+0.18 (0.80%)
Jul 2, 2024, 4:00 PM EDT - Market closed
The RMR Group Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for The RMR Group stock have an average target of 27.75, with a low estimate of 23.5 and a high estimate of 32. The average target predicts an increase of 22.46% from the current stock price of 22.66.
Analyst Consensus: Buy
* Price targets were last updated on May 15, 2024.
Analyst Ratings
The average analyst rating for The RMR Group stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $35 → $32 | Strong Buy | Maintains | $35 → $32 | +41.22% | May 15, 2024 |
| JMP Securities | JMP Securities | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Apr 19, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $37 → $35 | Strong Buy | Maintains | $37 → $35 | +54.46% | Mar 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $37 | Strong Buy | Reiterates | $37 | +63.28% | Aug 23, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $30 → $24 | Hold | Maintains | $30 → $24 | +3.71% | Jul 5, 2023 |
Financial Forecast
Revenue This Year
947.61M
from 962.32M
Decreased by -1.53%
Revenue Next Year
947.96M
from 947.61M
Increased by 0.04%
EPS This Year
1.69
from 3.44
Decreased by -50.97%
EPS Next Year
1.77
from 1.69
Increased by 4.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.0B | 1.0B | 1.1B |
| Avg | 947.6M | 948.0M | 1.0B |
| Low | 893.6M | 863.2M | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.3% | 10.4% | 13.6% |
| Avg | -1.5% | 0.0% | 9.3% |
| Low | -7.1% | -8.9% | 6.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.76 | 1.89 | 1.91 |
| Avg | 1.69 | 1.77 | 1.84 |
| Low | 1.63 | 1.67 | 1.78 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -48.7% | 12.1% | 8.1% |
| Avg | -51.0% | 4.8% | 4.0% |
| Low | -52.7% | -1.2% | 0.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.