RMR Group (RMR) Stock Overview
Through its subsidiary, The RMR Group LLC, provides real estate asset management services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
RMR Community Fair Values
Create NarrativeSee what 17 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
The RMR Group Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$20.29 |
| 52 Week High | US$20.58 |
| 52 Week Low | US$14.27 |
| Beta | 1.1 |
| 1 Month Change | 3.41% |
| 3 Month Change | 18.59% |
| 1 Year Change | 31.75% |
| 3 Year Change | -14.60% |
| 5 Year Change | -51.23% |
| Change since IPO | 70.65% |
Recent News & Updates
Narrative Update • May 25
RMR: Incentive Fees And Macro Conditions Will Shape Future Upside Potential
Analysts have adjusted their price target on RMR Group to $21 from $24, citing potential upside tied to company specific incentive fees and broader macro conditions, even as updated assumptions reflect changes in fair value, discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts see the reset to a US$21 target as reflecting revised fair value assumptions while still recognizing potential upside tied to incentive fee opportunities.Analysis Article • May 14
We Like RMR Group's (NASDAQ:RMR) Earnings For More Than Just Statutory Profit
The RMR Group Inc.'s ( NASDAQ:RMR ) solid earnings announcement recently didn't do much to the stock price. We did some...Analysis Article • May 11
Newsflash: The RMR Group Inc. (NASDAQ:RMR) Analysts Have Been Trimming Their Revenue Forecasts
The analysts covering The RMR Group Inc. ( NASDAQ:RMR ) delivered a dose of negativity to shareholders today, by making...Recent updates
Narrative Update • May 25
RMR: Incentive Fees And Macro Conditions Will Shape Future Upside Potential
Analysts have adjusted their price target on RMR Group to $21 from $24, citing potential upside tied to company specific incentive fees and broader macro conditions, even as updated assumptions reflect changes in fair value, discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts see the reset to a US$21 target as reflecting revised fair value assumptions while still recognizing potential upside tied to incentive fee opportunities.Analysis Article • May 14
We Like RMR Group's (NASDAQ:RMR) Earnings For More Than Just Statutory Profit
The RMR Group Inc.'s ( NASDAQ:RMR ) solid earnings announcement recently didn't do much to the stock price. We did some...Analysis Article • May 11
Newsflash: The RMR Group Inc. (NASDAQ:RMR) Analysts Have Been Trimming Their Revenue Forecasts
The analysts covering The RMR Group Inc. ( NASDAQ:RMR ) delivered a dose of negativity to shareholders today, by making...Narrative Update • Apr 28
RMR: Incentive Fees Will Drive Upside Despite Lowered Price Objective
Analysts have lowered their RMR Group price target by $3, from $24 to $21, citing potential upside from company specific incentive fees and supportive macro conditions even as they recalibrate expectations. Analyst Commentary Recent commentary reflects a mixed view, with optimism around specific fee opportunities and macro conditions, balanced against a more cautious stance on valuation and execution that led to the lower US$21 price target.Narrative Update • Apr 11
RMR: Incentive Fees Are Expected To Drive Upside Toward Fair Value
Analysts have reduced their price target on RMR Group to $21 from $24, citing a more measured view on company-specific incentive fees and broader macro conditions. They still note that there may be potential upside from these factors.Narrative Update • Mar 27
RMR: Incentive Fee Potential Is Expected To Drive Repricing Toward Fair Value
RMR Group's analyst price target has been revised modestly lower to $19.75 from $21.25, as analysts factor in a slightly higher discount rate, modestly adjusted growth assumptions, and recent Street targets clustered around $17 to $21, which still highlight potential upside tied to incentive fees and broader macro catalysts. Analyst Commentary Recent Street research on RMR Group has focused on where current valuation sits relative to potential fee upside and how macro conditions could influence earnings quality and growth over time.Narrative Update • Mar 12
RMR: New Buy Rating Is Expected To Drive Repricing Toward Fair Value
Analysts have updated their price target on RMR Group to $17, reflecting new coverage that cites the stock's valuation; a fair value estimate of $21.25; a discount rate of 9.38%; and an expected future P/E of about 23x as key factors in their view. Analyst Commentary Analyst commentary around RMR Group is centering on how the current price lines up with the new US$17 target, the fair value estimate of US$21.25, and the implied future P/E of about 23x.Narrative Update • Feb 26
RMR: New Buy Rating Is Expected To Support Repricing Toward Fair Value
Analysts have updated their view on RMR Group with a new $17 price target, reflecting refreshed assumptions around the discount rate, revenue growth and future P/E, while keeping fair value estimates steady at $21.25. Analyst Commentary Bullish Takeaways Bullish analysts see the new US$17 price target as aligned with their refreshed assumptions on discount rate, revenue profile and future P/E, which they view as reasonable relative to the current share price.Narrative Update • Feb 10
RMR: New Buy Rating Will Support Repricing Toward Higher Fair Value
Analysts have lifted their price target on RMR Group from $20.50 to $21.25, reflecting updated views on fair value, discount rate, revenue growth, profit margins, and future P/E expectations in light of recent Street research coverage. Analyst Commentary Recent Street research has added a fresh reference point for RMR Group, with coverage initiated at a Buy rating and a US$17 price target.Narrative Update • Jan 27
RMR: New Buy Rating And Lower Risk View Will Support Upside
Analysts have lowered their price target on RMR Group to US$17 from US$20.50, reflecting updated views on the stock's risk profile and earnings multiple following recent research coverage. Analyst Commentary Recent research coverage has reset expectations around RMR Group, with the new US$17 price target aligning with the latest views on risk, earnings power and valuation.
New Narrative • Jan 25
Senior Housing And Retail Credit Tailwinds Will Support Steady But Limited Long Term Progress
Catalysts About RMR Group RMR Group is an alternative asset manager focused on managing public and private real estate vehicles, including equity and mortgage REITs and value add residential and retail funds. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 12
RMR: Raised Profitability Assumptions Will Support Upside From New Buy Rating
Analysts have trimmed their price target on RMR Group from US$24.00 to US$20.50, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. They also referenced recent Street research, including a US$17 target from new coverage.Seeking Alpha • Jan 02
RMR Group: High Yield And Deep Value In Asset Management
Summary RMR Group Inc. is undervalued due to office sector exposure, but offers a 12% dividend yield and a debt-free core balance sheet. RMR is shifting from reliance on four REITs to private capital and residential strategies, leveraging its balance sheet for long-term value creation. Key upside drivers include the OPI restructuring, which secures new management fees and equity, and expansion into private credit via SEVN. Risks remain from REIT concentration and fundraising execution, but current valuation and stable cash flows present a favorable risk/reward profile. Read the full article on Seeking AlphaAnalysis Article • May 14
There May Be Reason For Hope In RMR Group's (NASDAQ:RMR) Disappointing Earnings
Soft earnings didn't appear to concern The RMR Group Inc.'s ( NASDAQ:RMR ) shareholders over the last week. Our...Analysis Article • Mar 20
Here's Why It's Unlikely That The RMR Group Inc.'s (NASDAQ:RMR) CEO Will See A Pay Rise This Year
Key Insights RMR Group to hold its Annual General Meeting on 27th of March CEO Adam Portnoy's total compensation...Seeking Alpha • Dec 11
RMR Group: Headwinds Impact Business Fundamentals
Summary RMR is overvalued due to its complicated ownership structure, reliance on declining managed REITs, and significant risks if REITs terminate contracts. Despite positive EBITDA and consistent dividends, RMR's revenue has declined due to asset sales by managed REITs and shrinking AUM. Diversification efforts through RMR Residential and private capital vehicles are long-term prospects, unlikely to impact near-term revenue significantly. Valuation methods suggest a stock price between $11-$17, indicating a 50%-23% downside from the current price of $22.26; recommend a "Sell" rating. Read the full article on Seeking AlphaAnalysis Article • Nov 19
A Look At The Fair Value Of The RMR Group Inc. (NASDAQ:RMR)
Key Insights RMR Group's estimated fair value is US$22.28 based on 2 Stage Free Cash Flow to Equity RMR Group's...
New Narrative • Sep 24
Real Estate Credit And Multifamily Housing Focus To Boost Future Growth Amid Market Optimism
RMR Group's focus on real estate credit and multifamily housing, along with strategic investments in areas like the Sunbelt, aims to boost future growth and improve financial metrics.Analysis Article • Jul 17
Does RMR Group (NASDAQ:RMR) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Jan 14
RMR Group (NASDAQ:RMR) Has Announced A Dividend Of $0.40
The RMR Group Inc. ( NASDAQ:RMR ) has announced that it will pay a dividend of $0.40 per share on the 15th of February...Shareholder Returns
| RMR | US Real Estate | US Market | |
|---|---|---|---|
| 7D | 1.7% | 1.0% | -2.9% |
| 1Y | 31.8% | -12.8% | 23.5% |
Return vs Industry: RMR exceeded the US Real Estate industry which returned -11.6% over the past year.
Return vs Market: RMR exceeded the US Market which returned 26.3% over the past year.
Price Volatility
| RMR volatility | |
|---|---|
| RMR Average Weekly Movement | 4.1% |
| Real Estate Industry Average Movement | 7.6% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: RMR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: RMR's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1986 | 900 | Adam Portnoy | www.rmrgroup.com |
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.
The RMR Group Inc. Fundamentals Summary
| RMR fundamental statistics | |
|---|---|
| Market cap | US$653.42m |
| Earnings (TTM) | US$20.32m |
| Revenue (TTM) | US$219.08m |
17.1x
P/E Ratio1.6x
P/S RatioIs RMR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RMR income statement (TTM) | |
|---|---|
| Revenue | US$219.08m |
| Cost of Revenue | US$5.72m |
| Gross Profit | US$213.36m |
| Other Expenses | US$193.04m |
| Earnings | US$20.32m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.19 |
| Gross Margin | 97.39% |
| Net Profit Margin | 9.28% |
| Debt/Equity Ratio | 33.8% |
How did RMR perform over the long term?
See historical performance and comparisonDividends
8.9%
Current Dividend Yield148%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/05 18:02 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The RMR Group Inc. is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Carrier | BofA Global Research |
| John Massocca | B. Riley Securities, Inc. |
| James Sullivan | BTIG |