$0.55 EPS Expected for The RMR Group Inc. (NASDAQ:RMR) This Quarter

Equities research analysts predict that The RMR Group Inc. (NASDAQ:RMRGet Rating) will announce $0.55 earnings per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for The RMR Group’s earnings, with estimates ranging from $0.48 to $0.59. The RMR Group posted earnings of $0.47 per share in the same quarter last year, which indicates a positive year over year growth rate of 17%. The business is scheduled to issue its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that The RMR Group will report full year earnings of $2.05 per share for the current financial year, with EPS estimates ranging from $1.91 to $2.14. For the next financial year, analysts expect that the business will post earnings of $2.19 per share, with EPS estimates ranging from $1.91 to $2.35. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover The RMR Group.

The RMR Group (NASDAQ:RMRGet Rating) last released its earnings results on Wednesday, May 4th. The financial services provider reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.09). The RMR Group had a net margin of 5.20% and a return on equity of 8.32%. During the same period in the previous year, the company earned $0.37 EPS.

Several equities analysts recently weighed in on RMR shares. Zacks Investment Research upgraded The RMR Group from a “sell” rating to a “hold” rating in a research report on Tuesday, May 10th. B. Riley boosted their price objective on The RMR Group from $42.00 to $44.00 in a research report on Friday, May 13th. Royal Bank of Canada lowered their price objective on The RMR Group from $36.00 to $32.00 in a research report on Friday, May 20th. StockNews.com downgraded The RMR Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, May 25th. Finally, Morgan Stanley lowered their price objective on The RMR Group from $39.00 to $32.00 and set an “equal weight” rating on the stock in a research report on Monday, April 25th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $38.60.

Several large investors have recently bought and sold shares of the stock. Lazard Asset Management LLC bought a new stake in The RMR Group during the fourth quarter worth approximately $35,000. Moors & Cabot Inc. bought a new stake in The RMR Group during the third quarter worth approximately $55,000. UBS Group AG increased its stake in The RMR Group by 192.8% during the third quarter. UBS Group AG now owns 2,026 shares of the financial services provider’s stock worth $68,000 after acquiring an additional 1,334 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in The RMR Group by 158.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,931 shares of the financial services provider’s stock worth $102,000 after acquiring an additional 1,796 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in The RMR Group by 95.8% during the third quarter. BNP Paribas Arbitrage SA now owns 4,658 shares of the financial services provider’s stock worth $156,000 after acquiring an additional 2,279 shares during the last quarter. Institutional investors own 42.77% of the company’s stock.

NASDAQ RMR traded down $0.01 on Thursday, hitting $30.26. 312 shares of the company traded hands, compared to its average volume of 69,966. The company has a market capitalization of $952.89 million, a price-to-earnings ratio of 13.75 and a beta of 1.60. The business’s 50 day moving average price is $29.09 and its 200-day moving average price is $31.10. The RMR Group has a 52-week low of $26.82 and a 52-week high of $47.12.

The company also recently announced a quarterly dividend, which was paid on Thursday, May 19th. Investors of record on Monday, April 25th were given a $0.40 dividend. This is an increase from The RMR Group’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.29%. The ex-dividend date of this dividend was Friday, April 22nd. The RMR Group’s payout ratio is currently 72.73%.

The RMR Group Company Profile (Get Rating)

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.

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Earnings History and Estimates for The RMR Group (NASDAQ:RMR)

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