The RMR Group (RMR) Scheduled to Post Earnings on Tuesday

The RMR Group (NASDAQ:RMR) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

The RMR Group (NASDAQ:RMR) last issued its quarterly earnings results on Wednesday, February 7th. The financial services provider reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.04. The company had revenue of $261.67 million during the quarter, compared to analyst estimates of $223.18 million. The RMR Group had a net margin of 5.93% and a return on equity of 7.78%. On average, analysts expect The RMR Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

The RMR Group Price Performance

The RMR Group stock opened at $24.24 on Friday. The RMR Group has a 12-month low of $20.79 and a 12-month high of $28.82. The stock has a market capitalization of $768.65 million, a PE ratio of 7.01 and a beta of 1.29. The firm has a 50 day simple moving average of $23.57 and a 200-day simple moving average of $24.64.

The RMR Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 16th. Shareholders of record on Monday, April 22nd will be paid a dividend of $0.45 per share. This is a positive change from The RMR Group’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 7.43%. The ex-dividend date of this dividend is Friday, April 19th. The RMR Group’s dividend payout ratio (DPR) is presently 52.02%.

Wall Street Analysts Forecast Growth

RMR has been the subject of several research analyst reports. StockNews.com lowered The RMR Group from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. JMP Securities started coverage on shares of The RMR Group in a report on Friday, April 19th. They issued a “market perform” rating for the company.

The RMR Group Company Profile

The RMR Group Inc, through its subsidiary, The RMR Group LLC, provides asset management services in the United States. The company offers management services to its four publicly traded real estate investment trusts, three real estate operating companies, and private capital vehicles. It also provides advisory services to publicly traded mortgage real estate investment trust.