The RMR Group Inc. with ticker code (RMR) now have 2 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 42 and 30 calculating the average target price we see $36.00. Now with the previous closing price of $24.36 this now indicates there is a potential upside of 47.8%. The day 50 moving average is $26.52 and the 200 day moving average is $27.31. The company has a market cap of $402m. Company Website: https://www.rmrgroup.com
The potential market cap would be $594m based on the market consensus.
The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States. The company offers management services to its four publicly traded real estate investment trusts and three real estate operating companies. It also provides investment advisory and administrative services. The company was formerly known as REIT Management & Research Inc. and changed its name to The RMR Group Inc. in September 2015. The RMR Group Inc. was founded in 1986 and is headquartered in Newton, Massachusetts.
The company has a dividend yield of 6.46% with the ex dividend date set at 21-4-2023 (DMY).
Other points of data to note are a P/E ratio of 12.6, revenue per share of 12.45 and a 10.4% return on assets.
