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

17.12

Mkt cap

544M

Volume

159K

High

17.28

P/E Ratio

12.75

52-wk high

26.43

Low

17.03

Div yield

0.11

52-wk low

16.89

RMR Group (NASDAQ:RMR) reported Q3 2024 adjusted EPS of $0.37, missing the $0.39 estimate, and sales of $205.48M, missing the $230.40M estimate. Both figures represent significant declines from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:52 pm

The RMR Group (NASDAQ:RMR) has acquired The Ridge at Lowry, a 240-unit apartment community in Denver, for $70 million. This marks RMR's initial investment in residential properties. The property will be rebranded as ARIUM at Lowry and will undergo significant renovations.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:15 pm

RMR Group (NASDAQ:RMR) reported Q3 2024 adjusted EPS of $0.37, missing the $0.39 estimate, and sales of $205.479M, missing the $230.404M estimate. Both figures represent significant declines from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:59 pm

Seven Hills Realty Trust (SEVN) will be added to the Russell 3000 Index after the market close on June 28, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:02 pm

B. Riley Securities analyst Bryan Maher maintains a Buy rating on RMR Group (NASDAQ:RMR) but lowers the price target from $35 to $32.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 2:15 pm

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

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