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 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

The article provides an overview of notable value stocks in the real estate sector, focusing on their price-to-earnings (P/E) ratios and recent financial performance. Ready Capital, Seven Hills Realty Trust, Five Point Holdings, RMR Group, and Apartment Income REIT are highlighted for their low P/E ratios, suggesting they may be undervalued. The article includes details on earnings per share (EPS) and dividend yields, noting changes from previous quarters.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 2:39 pm

December saw a significant rally in REITs, attributed to the Federal Reserve's pause on interest rate hikes and anticipated rate cuts in 2024. Office REITs and mortgage REITs (mREITs) performed exceptionally well, with some experiencing over 20% gains. Hudson Pacific Properties (HPP) led the surge with a 53.66% return, followed by Macerich Co. (MAC), Peakstone Realty Trust (PKST), Acres Commercial Realty Corp. (ACR), and Office Properties Income Trust (OPI). Analyst upgrades and internal corporate actions, such as share repurchase programs and management changes, contributed to the positive performance of these REITs.

Portfolio Pulse from Ethan Roberts

January 03, 2024 | 4:05 pm

The RMR Group reported Q4 2023 adjusted earnings per share (EPS) of $0.48, surpassing the estimated $0.46. However, their revenue of $222.932M fell short of the expected $236.346M.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:21 pm

RMR Group (NASDAQ:RMR) reported Q4 earnings with an EPS of $0.48, beating estimates by 6.67% but with a revenue decline of $19.26 million from the previous year. The company's past earnings performance shows mixed results with both beats and misses on EPS estimates.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 9:20 pm

Numerous companies are scheduled to report their earnings on November 15, 2023. The list includes a mix of projections for both profits and losses. Notable companies reporting before the bell include TJX Companies, Target, and JD.com, with TJX and Target expected to report significant revenues. After the bell, investors will look out for earnings from Cisco Systems, Palo Alto Networks, and Copa Holdings, among others. The earnings reports will provide investors with insights into the companies' financial health and could influence stock prices in the short term.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 12:30 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.