The RMR Group Inc. (RMR)
NASDAQ: RMR · IEX Real-Time Price · USD
22.79
-0.05 (-0.22%)
Apr 23, 2024, 3:01 PM EDT - Market open
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 29.25, with a low estimate of 23.5 and a high estimate of 35. The average target predicts an increase of 28.35% from the current stock price of 22.79.
Analyst Consensus: Buy
* Price targets were last updated on Mar 8, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +53.58% | Mar 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $37 | Strong Buy | Reiterates | $37 | +62.35% | Aug 23, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $30 → $24 | Hold | Maintains | $30 → $24 | +3.12% | Jul 5, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $42 → $37 | Strong Buy | Maintains | $42 → $37 | +62.35% | May 15, 2023 |
Financial Forecast
Revenue This Year
1.00B
from 962.32M
Increased by 4.02%
Revenue Next Year
1.02B
from 1.00B
Increased by 1.70%
EPS This Year
1.94
from 3.44
Decreased by -43.73%
EPS Next Year
2.24
from 1.94
Increased by 15.65%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.1B | 1.1B |
| Avg | 1.0B | 1.0B | 1.0B |
| Low | 904.0M | 904.8M | 904.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.3% | 11.6% | 11.0% |
| Avg | 4.0% | 1.7% | -0.8% |
| Low | -6.1% | -9.6% | -11.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.32 | 2.98 | 2.10 |
| Avg | 1.94 | 2.24 | 1.97 |
| Low | 1.71 | 1.86 | 1.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -32.5% | 54.0% | -6.2% |
| Avg | -43.7% | 15.7% | -11.8% |
| Low | -50.1% | -3.8% | -16.4% |
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.