The RMR Group Inc. with ticker code (RMR) now have 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 42 and 28 calculating the mean target price we have $33.33. Given that the stocks previous close was at $25.88 this would imply there is now a potential upside of 28.8%. Also worth taking note is the 50 day moving average now sits at $27.47 and the 200 moving average now moves to $27.48. The total market capitalization for the company now stands at $425m. Visit the company website at: https://www.rmrgroup.com
The potential market cap would be $547m 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 6.16% with the ex dividend date set at 20-1-2023 (DMY).
Other points of data to note are a P/E ratio of 13.48, revenue per share of 12.45 and a 10.4% return on assets.
