No headlines found.
Business Wire (Wed, 15-May 4:13 PM ET)
The RMR Group Appoints Summit Walia as Vice President, Head of Residential Acquisitions
Business Wire (Wed, 15-May 8:57 AM ET)
Service Properties Trust Announces First Quarter 2024 Results
Business Wire (Tue, 7-May 4:15 PM ET)
The RMR Group Inc. Announces Second Quarter Fiscal 2024 Results
Business Wire (Tue, 7-May 4:15 PM ET)
Diversified Healthcare Trust Announces First Quarter 2024 Results
Business Wire (Mon, 6-May 4:15 PM ET)
Diversified Healthcare Trust Provides Monthly SHOP Performance Update
Business Wire (Thu, 2-May 8:00 AM ET)
Business Wire (Wed, 1-May 4:30 PM ET)
Office Properties Income Trust Announces First Quarter 2024 Results
Business Wire (Wed, 1-May 4:15 PM ET)
Industrial Logistics Properties Trust Announces First Quarter 2024 Results
Business Wire (Tue, 30-Apr 4:15 PM ET)
The RMR Group Announces Completion of Unison Elliott Bay Redevelopment
Business Wire (Tue, 30-Apr 8:00 AM ET)
The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company that invests in real estate and manages real estate-related businesses. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company's operating segment is RMR LLC and All Other Operations. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.
RMR Group - Class A trades on the NASDAQ stock market under the symbol RMR.
As of May 17, 2024, RMR stock price declined to $24.04 with 16,495 million shares trading.
RMR has a beta of 0.93, meaning it tends to be less sensitive to market movements. RMR has a correlation of 0.19 to the broad based SPY ETF.
RMR has a market cap of $402.20 million. This is considered a Small Cap stock.
Last quarter RMR Group - Class A reported $218 million in Revenue and $.39 earnings per share. This fell short of revenue expectation by $-20 million and missed earnings estimates by -$.01.
In the last 3 years, RMR stock traded as high as $47.12 and as low as $20.79.
The top ETF exchange traded funds that RMR belongs to (by Net Assets): VNQ, VTI, IWM, VB, VBR.
RMR has underperformed the market in the last year with a price return of +20.2% while the SPY ETF gained +30.5%. RMR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.1% and -0.5%, respectively, while the SPY returned +6.2% and +4.7%, respectively.
RMR support price is $23.97 and resistance is $24.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RMR stock will trade within this expected range on the day.