Headlines about RMR Group (NYSE:RMR) have been trending somewhat positive recently, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RMR Group earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.3900216835498 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several equities research analysts have weighed in on RMR shares. Canaccord Genuity set a $72.00 target price on shares of RMR Group and gave the company a “buy” rating in a research note on Wednesday, June 28th. Zacks Investment Research downgraded shares of RMR Group from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. BidaskClub downgraded shares of RMR Group from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Finally, FBR & Co restated a “neutral” rating and issued a $51.00 target price (up from $50.00) on shares of RMR Group in a research note on Monday, October 2nd. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. RMR Group presently has an average rating of “Buy” and an average price target of $60.00.
RMR Group (NYSE:RMR) traded down 0.48% on Tuesday, hitting $51.55. 9,072 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $51.34 and its 200-day moving average price is $50.28. The company has a market cap of $829.65 million and a PE ratio of 18.63. RMR Group has a 12-month low of $33.90 and a 12-month high of $55.10.
RMR Group (NYSE:RMR) last issued its earnings results on Wednesday, August 9th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.02). RMR Group had a net margin of 31.72% and a return on equity of 18.72%. The company had revenue of $55.50 million during the quarter, compared to analyst estimates of $54.65 million. Analysts forecast that RMR Group will post $2.74 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, November 16th. Stockholders of record on Monday, October 23rd will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.93%. The ex-dividend date of this dividend is Friday, October 20th.
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RMR Group Company Profile
The RMR Group Inc is a holding company. The Company’s business is primarily conducted by its subsidiary, The RMR Group LLC (RMR LLC). The Company’s segments include RMR LLC and All Other Operations. RMR LLC manages a portfolio of publicly owned real estate and real estate related businesses. RMR LLC manages Government Properties Income Trust, a real estate investment trust (REIT) that primarily owns properties that are leased to government tenants; Hospitality Properties Trust, an REIT that primarily owns hotels and travel centers; Select Income REIT, an REIT that primarily owns properties leased to single tenants across the United States and leased lands in Hawaii, and Senior Housing Properties Trust, an REIT that primarily owns senior living communities and medical office buildings.
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