The RMR Group Inc. with ticker code (RMR) have now 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 42 and 28 and has a mean target at $33.33. Now with the previous closing price of $24.67 this is indicating there is a potential upside of 35.1%. The day 50 moving average is $28.15 and the 200 moving average now moves to $27.60. The market capitalization for the company is $428m. Visit the company website at: https://www.rmrgroup.com
The potential market cap would be $578m 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 6.49% with the ex dividend date set at 20-1-2023 (DMY).
Other points of data to note are a P/E ratio of 12.89, revenue per share of 12.45 and a 10.4% return on assets.
