Streetbeat News

RMR

The RMR Group Inc.

https://www.rmrgroup.com

Industry

Real Estate - Services

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.

Open

24.43

Mkt cap

775M

Volume

88K

High

24.79

P/E Ratio

16.08

52-wk high

28.82

Low

24.36

Div yield

0.09

52-wk low

22.01

RMR Group reported Q2 2024 adjusted EPS of $0.39, missing the $0.40 estimate, and sales of $217.749M, below the $245.920M estimate. This represents a 20.41% decrease in EPS and a 4.48% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:59 pm

JMP Securities analyst Mitch Germain initiates coverage on RMR Gr (NASDAQ:RMR) with a Market Perform rating.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 9:50 am

The RMR Group Inc. has announced an increase in its quarterly dividend from $0.40 to $0.45 per share, signaling confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 12:04 pm

B. Riley Securities analyst Bryan Maher maintains a Buy rating on RMR Group (NASDAQ:RMR) but lowers the price target from $37 to $35.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 1:33 pm

Benzinga Insights identifies 5 value stocks in the real estate sector with low P/E ratios, suggesting potential undervaluation. The stocks include RMR Gr, Seven Hills Realty Trust, Corporacion Inmobiliaria, Comstock Holding Co, and Chimera Investment. Recent financial updates show changes in earnings per share and dividend yields for these companies, indicating varying degrees of financial health and potential for growth.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:39 pm

RMR Gr (NASDAQ:RMR) reported Q1 earnings with an EPS of $0.49, beating estimates by 8.89% and showing a revenue increase of $10.93 million from the previous year. Despite beating last quarter's EPS estimate, the share price dropped by 1.34% the following day.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 9:40 pm

RMR Group reported Q1 2024 adjusted EPS of $0.49, surpassing the $0.45 estimate, with sales of $261.67M exceeding the $225.26M forecast, marking a 4.36% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 9:37 pm

Numerous companies are scheduled to report their earnings on February 7, 2024, covering a wide range of industries from technology to healthcare. Notable mentions include Madison Square Garden, Scotts Miracle Gro, TotalEnergies, Equinor, Euronet Worldwide, Flex LNG, Alibaba Group Holding, and many others. The earnings reports are expected to provide insights into the companies' financial health and market performance.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 10:13 am

RMR Gr (NASDAQ:RMR) is scheduled to release its quarterly earnings report on February 7, 2024, with analysts expecting an EPS of $0.45. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing subsequent share price drops. Shares are currently trading at $24.85, reflecting a 9.91% decrease over the last year. Investors are likely focused on the company's guidance for future growth as a key factor influencing stock price.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 8:01 pm

RMR Group (NASDAQ:RMR) has announced that shareholders as of Thursday's session close will be eligible for a quarterly dividend of $0.40 per share. The ex-dividend date is Friday, which means the stock will likely open $0.40 lower to reflect the dividend payout. The dividend is scheduled to be paid on February 15, 2024.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 2:45 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.