RMR Group Inc to Issue Dividend of $0.25 (RMR)

RMR Group Inc (NASDAQ:RMR) declared a dividend on Saturday, January 20th, Fidelity reports. Investors of record on Monday, January 29th will be paid a dividend of 0.25 per share by the financial services provider on Thursday, February 22nd. This represents a dividend yield of 0.00384024577572965%. The ex-dividend date is Friday, January 26th.

RMR Group (NASDAQ:RMR) opened at $65.10 on Friday. RMR Group has a one year low of $42.35 and a one year high of $65.49. The company has a market cap of $987.18, a price-to-earnings ratio of 36.99 and a beta of -0.69.

RMR Group (NASDAQ:RMR) last issued its earnings results on Tuesday, December 12th. The financial services provider reported $0.44 EPS for the quarter, topping the consensus estimate of $0.32 by $0.12. RMR Group had a net margin of 15.56% and a return on equity of 11.27%. analysts predict that RMR Group will post 1.97 EPS for the current fiscal year.

A number of brokerages have issued reports on RMR. TheStreet raised shares of RMR Group from a “c” rating to a “b-” rating in a research report on Tuesday, December 12th. BidaskClub downgraded shares of RMR Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 6th. Zacks Investment Research raised shares of RMR Group from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a research report on Thursday, January 4th. Finally, Oppenheimer reissued a “hold” rating on shares of RMR Group in a research report on Tuesday, December 12th. Four equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. RMR Group has a consensus rating of “Buy” and a consensus target price of $60.50.

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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.

Dividend History for RMR Group (NASDAQ:RMR)

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