RMR Group Inc

RMR · NASDAQ · Real Estate / Real Estate Services

16.75USD+1.04 (+6.62%)

Price History

Full chart

Market Stats

Previous Close15.71

Open15.97

Day Range15.80 – 16.82

52-Week Range12.83 – 20.98

Volume341.95K

Market Cap316.50M

P/E (TTM)16.11

Forward P/E14.66

EPS1.15

Dividend Yield9.71%

Beta1.07

50-Day Avg19.54

200-Day Avg18.01

About

The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides real estate asset management services in the United States. The company offers management services to its four publicly traded real estate investment trusts, two real estate operating companies, and private capital vehicles. It also provides advisory services to publicly traded mortgage real estate investment trust. In addition, the company provides management services to a wide range of real estate assets and businesses that include healthcare facilities, senior living and other apartments, hotels, office buildings, industrial buildings, leased lands, net-lease service-focused retail, multifamily residential communities, and various specialized properties. The company was formerly known as REIT Management & Research Inc. and changed its name to The RMR Group Inc. in October 2015. The RMR Group Inc. was founded in 1986 and was incorporated on May 28th, 2015 in Maryland, USA and is headquartered in Newton, Massachusetts.

Company Details

SectorReal Estate
IndustryReal Estate Services
CEOMr. Adam David Portnoy
Employees900
HeadquartersTwo Newton Place, Newton, MA, United States, 02458-1634, USA
Websitehttps://www.rmrgroup.com

Leadership

Mr. Adam David PortnoyCEO, President, MD & Chairman · b. 1970
Mr. Matthew Paul Jordan CPAMD, Executive VP, COO & Director · b. 1975
Mr. Christopher J. BilottoExecutive Vice President · b. 1978
Mr. Jeffrey C. Leer CPAExecutive Vice President
Mr. Matthew C. Brown CPAExecutive VP, CFO & Treasurer · b. 1982
Mr. Bryan Anthony MaherSenior VP & Head of Investor Relations
Ms. Lindsey Adair Getz J.D.Executive VP, General Counsel & Secretary
Mr. Noah EcholsVP & Chief Marketing Officer
Ms. Annette FiondaVP & Chief People Officer
Mr. Mark R. YoungSenior Vice President of RMR Group LLC · b. 1963

Financials

Income Statement

Currency: USD	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Revenue	259.99M	285.05M	192.94M	266.94M	271.73M	404.98M	713.37M	589.50M	607.24M	832.50M	962.32M	897.61M	700.28M
Growth (%)	-	+9.64%	-32.31%	+38.36%	+1.79%	+49.04%	+76.15%	-17.36%	+3.01%	+37.10%	+15.59%	-6.72%	-21.98%
Cost of Revenue	123.61M	127.84M	83.46M	91.98M	99.75M	108.76M	469.07M	360.57M	370.04M	568.77M	656.40M	609.15M	161.73M
Gross Profit	136.38M	157.21M	109.48M	174.96M	171.97M	296.22M	244.30M	228.93M	237.20M	263.74M	305.92M	288.46M	538.56M
Gross Margin	52.46%	55.15%	56.74%	65.54%	63.29%	73.14%	34.25%	38.83%	39.06%	31.68%	31.79%	32.14%	76.91%
Operating Expense	168.54M	142.73M	28.77M	28.25M	36.41M	44.25M	46.51M	160.19M	165.11M	175.37M	192.19M	243.48M	496.77M
Operating Income	-32.16M	14.47M	80.71M	146.70M	135.56M	251.97M	197.79M	68.74M	72.09M	88.37M	113.73M	44.98M	41.78M
Operating Margin	-12.37%	5.08%	41.83%	54.96%	49.89%	62.22%	27.73%	11.66%	11.87%	10.61%	11.82%	5.01%	5.97%
EBITDA	-29.78M	19.25M	90.44M	151.79M	155.75M	258.64M	215.97M	73.20M	78.57M	91.69M	150.64M	69.94M	61.30M
EBITDA Margin	-11.45%	6.75%	46.87%	56.86%	57.32%	63.87%	30.27%	12.42%	12.94%	11.01%	15.65%	7.79%	8.75%
Net Income	-31.82M	10.29M	7.30M	37.24M	42.29M	96.04M	169.04M	28.79M	35.70M	34.00M	57.15M	23.13M	17.60M
Net Income Margin	-12.24%	3.61%	3.79%	13.95%	15.56%	23.72%	23.70%	4.88%	5.88%	4.08%	5.94%	2.58%	2.51%
R&D	-	-	-	0.55	0.5	0.68	0.28	0.13	0.16	0.11	0.16	-	-
R&D as % of Total Revenue	-	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	0	0	0	0	0	0	122.30M	32.24M	32.20M	1.32M	0	783.00K	3.40M
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	17.14%	5.47%	5.30%	0.16%	0.00%	0.09%	0.49%

Balance Sheet

Currency: USD	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Assets	190.91M	287.22M	303.89M	337.53M	383.72M	504.43M	667.87M	690.25M	497.91M	542.40M	582.42M	700.49M	718.25M
Total Liabilities	81.40M	56.98M	90.24M	91.14M	94.06M	69.77M	138.84M	149.35M	150.20M	172.67M	158.76M	281.08M	316.23M
Total Equity	109.51M	230.24M	100.83M	121.71M	149.53M	232.76M	288.65M	295.92M	195.12M	206.62M	240.07M	237.57M	227.66M
Cash	14.56M	141.73M	34.50M	65.83M	108.64M	256.85M	358.45M	369.66M	159.84M	189.09M	267.99M	141.60M	62.30M
Total Debt	-	-	-	186.08M	179.07M	172.95M	158.99M	36.44M	34.07M	30.32M	30.11M	114.31M	204.04M
Net Debt	-14.56M	-141.73M	-34.50M	120.25M	70.43M	-83.90M	-199.46M	-333.23M	-125.77M	-158.77M	-237.88M	-27.29M	141.74M

Cash Flow

Currency: USD	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Operating Cash Flow	6.13M	31.68M	102.08M	98.82M	125.94M	228.47M	198.21M	77.50M	71.79M	101.27M	109.22M	61.38M	75.75M
Investing Cash Flow	-1.86M	-14.96M	-42.85M	-3.55M	-12.83M	-648.00K	-14.73M	-5.92M	-1.14M	-10.59M	49.50M	-209.84M	-183.86M
Financing Cash Flow	4.71M	110.58M	-166.43M	-63.96M	-70.30M	-79.61M	-81.80M	-60.36M	-280.48M	-61.43M	-79.81M	22.07M	28.81M
Capital Expenditure	2.96M	1.42M	1.40M	1.07M	827.00K	648.00K	702.00K	601.00K	1.14M	1.12M	3.98M	3.87M	3.65M
Free Cash Flow	3.17M	30.26M	100.68M	97.75M	125.11M	227.82M	197.51M	76.90M	70.65M	100.15M	105.23M	57.51M	72.10M
Dividends Paid	-	224.34M	224.34M	17.21M	16.09M	16.17M	22.73M	24.79M	139.78M	25.73M	26.58M	28.42M	30.35M
FCF to OCF	51.73%	95.53%	98.62%	98.92%	99.34%	99.72%	99.65%	99.22%	98.41%	98.89%	96.35%	93.70%	95.18%
Dividend Paid to FCF	-	741.26%	222.83%	17.60%	12.86%	7.10%	11.51%	32.24%	197.85%	25.69%	25.25%	49.42%	42.09%

Earnings

Report Date	Feb 9, 2016	May 10, 2016	Aug 9, 2016	Dec 15, 2016	Feb 9, 2017	May 10, 2017	Aug 9, 2017	Dec 12, 2017	Feb 8, 2018	May 10, 2018	Aug 8, 2018	Dec 3, 2018	Feb 7, 2019	May 10, 2019	Aug 9, 2019	Nov 22, 2019	Feb 6, 2020	May 11, 2020	Aug 7, 2020	Nov 20, 2020	Feb 1, 2021	May 7, 2021	Aug 5, 2021	Nov 15, 2021	Jan 27, 2022	May 4, 2022	Aug 4, 2022	Nov 14, 2022	Feb 2, 2023	May 3, 2023	Aug 9, 2023	Nov 15, 2023	Feb 7, 2024	May 7, 2024	Aug 1, 2024	Nov 11, 2024	Feb 5, 2025	May 6, 2025	Aug 5, 2025	Nov 12, 2025	Feb 4, 2026	May 6, 2026	Aug 5, 2026	Nov 11, 2026
EPS Estimate	-	0.59	0.42	0.45	0.44	0.46	0.46	0.32	0.49	0.62	0.51	0.56	0.53	0.54	0.55	0.52	0.59	0.47	0.37	0.38	0.38	0.42	0.47	0.49	0.48	0.48	0.58	0.57	0.53	0.51	0.82	0.46	0.44	0.40	0.39	0.38	0.35	0.30	0.28	0.22	0.19	0.14	0.16	0.17
EPS Actual	1.07	0.38	0.49	0.46	0.45	0.43	0.48	0.31	0.60	0.54	0.58	0.56	0.62	0.50	0.53	0.51	0.57	0.46	0.38	0.39	0.54	0.37	0.47	0.82	0.46	0.50	0.59	0.57	0.51	0.49	0.48	0.48	0.49	0.39	0.37	0.34	0.35	0.28	0.28	0.22	0.20	0.11	0.15	-
Surprise	-	-35.59%	16.67%	2.22%	2.27%	-6.52%	4.35%	-3.13%	22.45%	-12.90%	13.73%	0.00%	16.98%	-7.41%	-3.64%	-1.92%	-3.39%	-2.13%	2.70%	2.63%	42.11%	-11.90%	0.00%	67.35%	-4.17%	4.17%	1.72%	0.00%	-3.77%	-3.92%	-41.46%	4.35%	11.36%	-2.50%	-5.13%	-10.53%	0.00%	-6.67%	0.00%	0.00%	5.26%	-21.43%	-6.25%	-
Timing	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap316.50M

Enterprise Value445.78M

Trailing P/E16.11

Forward P/E14.66

PEG Ratio0.09

Price / Sales1.42

Price / Book1.43

EPS1.15

Book Value13.12

Revenue (TTM)223.02M

Gross Profit (TTM)216.32M

EBITDA95.52M

Profit Margin8.88%

Operating Margin20.62%

Return on Equity10.86%

Return on Assets6.33%

Shares Outstanding16.08M

Shares Float13.35M

Beta1.07

Dividend Yield9.71%

Dividend Rate1.80

Payout Ratio2.65%

Analyst Ratings

Buy

Based on 3 analystsTarget 20.75

Strong Buy
1
Hold
2

Ownership Breakdown

Institutions: 82.08%
Insiders: 4.65%
Retail / Other: 13.27%

Top Institutional Holders

BlackRock Inc
1.35M7.91%
Nantahala Capital Management, LLC
1.15M6.72%
Bank of America Corp
941.25K5.51%
Morgan Stanley - Brokerage Accounts
937.02K5.49%
Vanguard Portfolio Management, LLC
862.36K5.05%
Flat Footed LLC
802.74K4.70%
Vanguard Capital Management, LLC
672.08K3.93%
Federated Hermes Inc
535.82K3.14%
Geode Capital Management, LLC
468.08K2.74%
Renaissance Technologies Corp
439.81K2.58%
State Street Corp
401.07K2.35%
Hotchkis & Wiley Capital Management LLC
338.30K1.98%
Garner Asset Management Corporation
332.47K1.95%
Dimensional Fund Advisors, Inc.
310.91K1.82%
Lincluden Investment Management Ltd
290.00K1.70%

Top Fund Holders

Vanguard Real Estate Index Investor
590.55K3.46%
Vanguard MStar Total Stk Mkt Idx Invest
494.55K2.90%
iShares Russell 2000 ETF
471.00K2.76%
Federated Hermes MDT Small Cap Core IS
271.51K1.59%
Fidelity Small Cap Index
178.99K1.05%

Dividends

20264×

0.45Oct 19, 20260.45Jul 20, 20260.45Apr 21, 20260.45Jan 26, 2026

20254×

0.45Oct 27, 20250.45Jul 21, 20250.45Apr 22, 20250.45Jan 27, 2025

20244×

0.45Oct 28, 20240.45Jul 22, 20240.45Apr 19, 20240.40Jan 19, 2024

20234×

0.40Oct 20, 20230.40Jul 21, 20230.40Apr 21, 20230.40Jan 20, 2023

20224×

0.40Oct 21, 20220.40Jul 22, 20220.40Apr 22, 20220.38Jan 21, 2022

20214×

0.38Oct 22, 20217.00Sep 2, 20210.38Jul 23, 20210.38Apr 23, 2021