Profile
Sector:
Real EstateIndustry:
ServicesCountry:
United StatesIPO:
14 December 2015Website:
http://www.rmrgroup.comNext earnings report:
07 February 2025Last dividends:
28 October 2024Next dividends:
N/APrice
after hours | Sat, 16 Nov 2024 00:18:25 GMTAnalysts recommendations
Institutional Ownership
RMR Latest News
The RMR Group Inc. (NASDAQ:RMR ) Q4 2024 Earnings Call November 12, 2024 10:00 AM ET Company Participants Kevin Barry - Senior Director, Investor Relations Adam Portnoy - President and Chief Executive Officer Matt Jordan - Chief Financial Officer Conference Call Participants Bryan Maher - B. Riley Ronald Kamdem - Morgan Stanley Mitch Germain - Citizens JMP Operator Good morning, and welcome to the RMR Group Fiscal Fourth Quarter 2024 Earnings Conference Call.
The headline numbers for RMR Group (RMR) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
RMR Group (RMR) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.48 per share a year ago.
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended September 30, 2024, which can be found at the Quarterly Results section of RMR's website at https://www.rmrgroup.com/investors-and-media/financial-information/default.aspx. A conference call to discuss RMR's fiscal fourth quarter results will be held on Tuesday, November 12, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (844) 481-2.
Get a deeper insight into the potential performance of RMR Group (RMR) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
The RMR Group Inc. (NASDAQ:RMR ) Q3 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Kevin Barry - Senior Director, IR Adam Portnoy - President and CEO Matt Jordan - CFO Conference Call Participants Bryan Maher - B. Riley Securities Ronald Kamdem - Morgan Stanley Operator Good morning.
While the top- and bottom-line numbers for RMR Group (RMR) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
RMR Group (RMR) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.48 per share a year ago.
RMR Group remains a "Strong Buy" in my value portfolio due to profitability and the integration of the CARROLL acquisition. Future catalysts include potential for an improving real estate market and increasing dividends. Valuation metrics suggest significant upside potential if stock trades at sector median multiples, with potential for improved sentiment and quant ratings.
RMR Group is a property management company that generates revenue from managing properties for REITs and private real estate firms. The company earns fees through various methods, including base business management fees and incentive business management fees. RMR recently completed the acquisition of CARROLL, a property management firm specializing in multifamily residential properties, which is expected to boost its assets under management and diversify its revenue sources.
- 1(current)
What type of business is RMR?
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 primarily consists of providing management services to real estate investment trusts (REITs) and real estate-related operating companies. It also provides management services to real estate securities investment trusts and companies involved in commercial real estate financing. The company's operating segment includes RMR LLC and "All other operations." RMR Group Inc. was founded in 1986 and is headquartered in Newton, Massachusetts.
What sector is RMR in?
RMR is in the Real Estate sector
What industry is RMR in?
RMR is in the Services industry
What country is RMR from?
RMR is headquartered in United States
When did RMR go public?
RMR initial public offering (IPO) was on 14 December 2015
What is RMR website?
https://www.rmrgroup.com
Is RMR in the S&P 500?
No, RMR is not included in the S&P 500 index
Is RMR in the NASDAQ 100?
No, RMR is not included in the NASDAQ 100 index
Is RMR in the Dow Jones?
No, RMR is not included in the Dow Jones index
When was RMR the previous earnings report?
No data
When does RMR earnings report?
The next expected earnings date for RMR is 07 February 2025