RMR - RMR GROUP INC-THE - A Stock Price, Fair Value and News

23.78USD-0.14 (-0.59%)Market Closed

Market Summary

USD23.78-0.14

Market Closed

-0.59%

RMR Alerts

Big fall in earnings (Y/Y)

RMR Stock Price

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RMR RSI Chart

RMR Valuation

Market Cap

395.0M

Price/Earnings (Trailing)

11.69

Price/Sales (Trailing)

0.4

EV/EBITDA

1.73

Price/Free Cashflow

4.03

RMR Price/Sales (Trailing)

RMR Profitability

EBT Margin

11.97%

Return on Equity

7.96%

Return on Assets

5.79%

Free Cashflow Yield

24.84%

RMR Fundamentals

RMR Revenue

Revenue (TTM)

982.6M

Rev. Growth (Yr)

4.48%

Rev. Growth (Qtr)

-16.79%

RMR Earnings

Earnings (TTM)

33.8M

Earnings Growth (Yr)

-85.81%

Earnings Growth (Qtr)

-16.22%

Breaking Down RMR Revenue

52 Week Range

20.7926.05

(Low)(High)

Last 7 days

-1.1%

Last 30 days

0.8%

Last 90 days

-7.9%

Trailing 12 Months

10.8%

How does RMR drawdown profile look like?

RMR Financial Health

Current Ratio

3.25

Debt/Equity

0.01

Debt/Cashflow

21.46

RMR Investor Care

Shares Dilution (1Y)

0.66%

Diluted EPS (TTM)

2.71

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	982.6M	0	0	0
2023	912.4M	981.6M	962.3M	973.2M
2022	698.0M	763.8M	832.5M	901.7M
2021	577.3M	583.9M	607.2M	631.9M
2020	603.7M	598.6M	589.5M	586.6M
2019	537.6M	619.2M	713.4M	592.9M
2018	390.0M	396.5M	405.0M	466.8M
2017	268.1M	271.4M	271.7M	385.0M
2016	254.8M	258.8M	266.9M	262.1M
2015	239.0M	216.0M	192.9M	256.2M
2014	0	0	285.0M	262.0M

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Tracking the Latest Insider Buys and Sells of RMR GROUP INC-THE - A

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 11, 2020	logan ann	acquired	-	-	3,000	-

Which funds bought or sold RMR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 08, 2024	Russell Investments Group, Ltd.	added	25.84	105,448	1,615,640	-%
May 08, 2024	Sandy Spring Bank	new	-	96.00	96.00	-%
May 08, 2024	US BANCORP \DE\	added	72.37	5,755	18,120	-%
May 08, 2024	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	reduced	-3.49	-99,164	864,241	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-28.73	-99,000	153,000	-%
May 07, 2024	Swiss National Bank	unchanged	-	-130,250	739,008	-%
May 07, 2024	LINCLUDEN MANAGEMENT LTD	unchanged	-	-1,227,000	6,960,000	0.83%
May 07, 2024	Meixler Investment Management, Ltd.	sold off	-100	-204,668	-	-%
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	added	185	324,129	551,352	-%
May 07, 2024	MEEDER ASSET MANAGEMENT INC	reduced	-71.69	-47,393	15,024	-%

Are Funds Buying or Selling RMR?

Are funds buying RMR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RMR

No. of Funds

RMR Alerts

Big fall in earnings (Y/Y)

Unveiling RMR GROUP INC-THE - A's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	nantahala capital management, llc	2.6%	404,063	SC 13G/A
Feb 13, 2024	hotchkis & wiley capital management llc	3.73%	585,620	SC 13G/A
Feb 13, 2024	vanguard group inc	14.43%	2,267,056	SC 13G/A
Feb 07, 2024	abp trust	6.5%	1,090,564	SC 13G/A
Jan 23, 2024	blackrock inc.	11.9%	1,871,539	SC 13G/A
Feb 14, 2023	nantahala capital management, llc	5.4%	958,274	SC 13G/A
Feb 14, 2023	hotchkis & wiley capital management llc	6.15%	959,065	SC 13G/A
Feb 09, 2023	vanguard group inc	14.72%	2,297,477	SC 13G/A
Jan 23, 2023	blackrock inc.	14.5%	2,261,957	SC 13G/A
Jan 13, 2023	abp trust	6.6%	1,090,564	SC 13G/A

Recent SEC filings of RMR GROUP INC-THE - A

View All Filings

Date Filed	Form Type	Document
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 27, 2024	8-K	Current Report
Mar 19, 2024	8-K	Current Report

Peers (Alternatives to RMR GROUP INC-THE - A)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSGP	37.3B	2.5B	-4.54%	21.07%	126.76	14.76	12.26%	-19.88%
CBRE	26.8B	32.5B	-9.09%	18.49%	26.97	0.83	5.07%	-12.06%
Z	10.1B	2.0B	-10.23%	-9.00%	-63.59	5.04	6.03%	-14.39%
MID-CAP
JLL	9.2B	21.2B	0.03%	41.67%	30.67	0.44	1.89%	-39.82%
JOE	3.4B	404.1M	-0.05%	37.92%	42.44	8.53	55.15%	19.63%
DBRG	2.4B	-	-21.39%	33.21%	6.78	2.92	18.22%	229.45%
CWK	2.4B	9.4B	-1.60%	32.99%	196	0.25	-5.93%	-83.62%
SMALL-CAP
EXPI	1.9B	4.4B	18.30%	-7.25%	-213.99	0.44	-1.45%	-158.11%
ARL	230.3M	50.7M	-11.59%	-20.47%	84.03	4.54	22.36%	-99.25%
AXR	109.4M	44.5M	-5.42%	48.70%	49.07	2.46	-24.76%	-93.06%
CHCI	73.9M	44.7M	43.10%	62.16%	9.49	1.65	13.76%	5.95%
ASPS	51.2M	145.1M	26.49%	-55.16%	-0.98	0.35	-5.22%	1.69%

RMR GROUP INC-THE - A News

Latest updates

RMR GROUP INC-THE - A Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-16.8%	218	262	223	280	208	251	242	211	198	182	173	145	132	157	150	139	141	160	159	144	130
Operating Expenses	-17.9%	206	251	208	219	191	230	221	186	176	161	152	124	115	143	136	124	123	138	138	124	111
S&GA Expenses	-100.0%	-	10.00	8.00	10.00	9.00	9.00	8.00	8.00	8.00	8.00	7.00	6.00	7.00	6.00	6.00	6.00	7.00	7.00	7.00	8.00	7.00
EBITDA Margin	-22.0%	0.12*	0.16*	0.16*	0.17*	0.13*	0.10*	0.11*	0.12*	0.14*	0.15*	0.16*	0.13*	0.12*	0.13*	0.13*	0.14*	0.13*	0.14*	0.28*	0.32*	0.38*
Income Taxes	-19.6%	2.00	3.00	3.00	9.00	7.00	2.00	5.00	3.00	2.00	3.00	5.00	3.00	2.00	3.00	3.00	3.00	3.00	4.00	3.00	2.00	3.00
Earnings Before Taxes	-18.3%	15.00	18.00	20.00	64.00	48.00	17.00	32.00	20.00	17.00	21.00	36.00	22.00	13.00	23.00	17.00	18.00	18.00	25.00	22.00	16.00	22.00
EBT Margin	-22.8%	0.12*	0.16*	0.16*	0.16*	0.13*	0.10*	0.11*	0.12*	0.14*	0.15*	0.16*	0.13*	0.12*	0.13*	0.13*	0.14*	0.13*	0.14*	0.28*	0.32*	0.38*
Net Income	-16.2%	6.00	7.00	-3.72	25.00	41.00	6.00	3.00	8.00	15.00	18.00	5.00	8.00	11.00	20.00	6.00	7.00	15.00	22.00	8.00	6.00	8.00
Net Income Margin	-51.7%	0.03*	0.07*	0.07*	0.08*	0.06*	0.03*	0.05*	0.06*	0.07*	0.07*	0.07*	0.08*	0.08*	0.08*	0.08*	0.09*	0.08*	0.07*	0.10*	0.12*	0.14*
Free Cashflow	-85.0%	4.00	29.00	-5.23	70.00	13.00	27.00	11.00	39.00	15.00	35.00	-0.78	36.00	8.00	27.00	-1.49	30.00	7.00	42.00	4.00	18.00	122

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-6.7%	584	625	582	601	592	565	542	531	529	522	498	725	702	698	690	705	686	705	661	660	657
Current Assets	-10.7%	291	326	386	404	322	327	303	296	284	271	255	491	466	457	456	477	457	467	458	460	453
Cash Equivalents	-5.1%	192	202	268	295	198	201	189	196	182	182	160	398	376	383	370	394	377	386	358	377	384
Net PPE	3.3%	15.00	15.00	5.00	6.00	5.00	4.00	2.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Goodwill	0%	72.00	72.00	2.00	-	-	-	-	-	-	-	-	-	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Liabilities	-20.6%	160	201	159	176	197	195	173	174	174	169	150	174	156	150	149	164	148	168	132	134	126
Current Liabilities	-28.9%	90.00	126	106	121	118	127	109	107	96.00	90.00	81.00	104	86.00	80.00	82.00	95.00	79.00	95.00	91.00	95.00	87.00
Long Term Debt	0.6%	5.00	5.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	76.0%	424	241	240	238	396	369	370	357	355	354	348	551	546	548	541	540	538	537	529	529	534
Retained Earnings	1.4%	426	420	413	405	381	362	356	344	336	330	322	308	300	295	286	280	273	267	257	249	243
Additional Paid-In Capital	1.2%	118	117	116	115	115	114	113	112	112	111	110	109	109	108	107	106	105	104	103	103	102
Accumulated Depreciation	6.9%	3.00	3.00	3.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	0.0%	17.00	17.00	15.00	16.00	16.00	16.00	15.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00
Minority Interest	-0.5%	183	184	184	187	176	162	163	157	156	156	153	249	246	249	245	245	244	244	240	244	250
Float	-	-	-	-	-	400	-	-	-	472	-	-	-	617	-	-	-	406	-	-	-	436

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-83.0%	5,085	29,931	-4,477	71,577	14,015	28,100	11,414	39,525	15,363	34,968	-577	36,266	8,445	27,660	-1,293	30,054	6,816	41,920	4,361	17,983	121,792
Share Based Compensation	-75.3%	700	2,829	3,769	2,100	3,769	2,850	5,417	512	1,988	2,219	4,755	1,954	1,752	3,561	4,645	1,299	302	1,582	4,691	1,334	1,204
Cashflow From Investing	99.1%	-750	-79,894	-756	52,130	-961	-917	-206	-9,774	-445	-165	-202	-182	-198	-560	-5,516	-52.00	-204	-148	-403	-5,824	45.00
Cashflow From Financing	6.0%	-14,655	-15,598	-22,201	-26,263	-16,040	-15,306	-18,056	-15,555	-15,065	-12,751	-237,187	-14,535	-15,208	-13,550	-17,183	-13,709	-14,945	-14,525	-22,623	-19,159	-21,796
Dividend Payments	0%	6,684	6,684	6,645	6,648	6,641	6,642	6,600	6,601	6,265	6,264	121,086	6,237	6,230	6,230	6,200	6,200	6,194	6,195	5,683	5,684	5,680
Buy Backs	833.3%	112	12.00	555	100	54.00	25.00	516	-	23.00	8.00	612	203	19.00	-	368	60.00	-	-	671	156	-

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RMR Income Statement

2024-03-31

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total revenues	$ 217,749	$ 208,419	$ 479,420	$ 459,159
Expenses:
Compensation and benefits	44,168	34,536	78,940	67,800
Equity based compensation	700	3,769	3,529	6,619
Separation costs	410	500	3,954	938
Total compensation and benefits expense	45,278	38,805	86,423	75,357
General and administrative	11,641	9,460	21,152	18,623
Other reimbursable expenses	145,232	142,095	341,230	326,584
Transaction and acquisition related costs	2,628	0	6,615	0
Depreciation and amortization	1,223	272	1,646	540
Total expenses	206,002	190,632	457,066	421,104
Operating income	11,747	17,787	22,354	38,055
Interest income	2,523	2,234	6,031	4,004
Gain on equity method investments	563	28,164	4,612	22,850
Income before income tax expense	14,833	48,185	32,997	64,909
Income tax expense	(2,120)	(6,883)	(4,758)	(9,367)
Net income	12,713	41,302	28,239	55,542
Net income attributable to noncontrolling interest in The RMR Group LLC	(6,863)	(22,829)	(15,394)	(30,732)
Net loss attributable to noncontrolling interest in consolidated entity	12	0	14	0
Net income attributable to The RMR Group Inc.	$ 5,862	$ 18,473	$ 12,859	$ 24,810
Weighted average common shares outstanding - basic (in shares)	16,515	16,408	16,511	16,406
Weighted average common shares outstanding - diluted (in shares)	31,539	31,430	31,525	31,422
Net income attributable to The RMR Group Inc. per common share - basic (in dollars per share)	$ 0.35	$ 1.11	$ 0.77	$ 1.49
Net income attributable to The RMR Group Inc. per common share - diluted (in dollars per share)	$ 0.34	$ 1.11	$ 0.75	$ 1.48
Total management, incentive and advisory services revenues
Revenues:
Total revenues	$ 49,646	$ 48,209	$ 96,164	$ 97,848
Management services
Revenues:
Total revenues	48,460	47,070	93,554	95,618
Incentive fees
Revenues:
Total revenues	60	0	359	0
Advisory services
Revenues:
Total revenues	1,126	1,139	2,251	2,230
Total reimbursable costs
Revenues:
Total revenues	168,103	160,210	383,256	361,311
Reimbursable compensation and benefits
Revenues:
Total revenues	22,629	14,883	39,457	29,206
Reimbursable equity based compensation
Revenues:
Total revenues	242	3,232	2,569	5,521
Other reimbursable expenses
Revenues:
Total revenues	$ 145,232	$ 142,095	$ 341,230	$ 326,584

RMR Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Sep. 30, 2023
Assets
Cash and cash equivalents	$ 192,108
Prepaid and other current assets	11,562	$ 6,997
Total current assets	291,006	386,309
Property and equipment, net of accumulated depreciation of $3,328 and $3,212, respectively	15,210	5,446
Equity method investment	22,068	18,651
Goodwill	71,620	1,859
Intangible assets, net of accumulated amortization of $1,991 and $983, respectively	20,477	167
Operating lease right of use assets	29,366	29,032
Deferred tax asset	16,947	18,220
Other assets, net of accumulated amortization of $83,032 and $78,324, respectively	110,771	115,479
Total assets	583,701	582,424
Current liabilities:
Reimbursable accounts payable and accrued expenses	51,103	77,924
Accounts payable and accrued expenses	32,569	22,578
Operating lease liabilities	5,941	5,068
Total current liabilities	89,613	105,570
Operating lease liabilities, net of current portion	24,350	25,044
Amounts due pursuant to tax receivable agreement, net of current portion	20,886	20,886
Other liabilities	19,932	7,261
Mortgage note payable	4,759	0
Total liabilities	159,540	158,761
Commitments and contingencies
Equity:
Additional paid in capital	117,954	116,010
Retained earnings	425,955	413,096
Cumulative common distributions	(302,440)	(289,072)
Total shareholders’ equity	241,501	240,066
Noncontrolling interest in The RMR Group LLC	182,230	183,597
Noncontrolling interest in consolidated entity	430	0
Total noncontrolling interests	182,660	183,597
Total equity	424,161	423,663
Total liabilities and equity	583,701	582,424
Parent Company
Assets
Cash and cash equivalents	25,918	26,802
RMR LLC
Assets
Cash and cash equivalents	166,190	241,187
Related Party
Assets
Due from related parties	87,336	111,323
Due from related parties, net of current portion	6,236	7,261
Class A Common Stock
Equity:
Common stock	16	16
Class B-1 Common Stock
Equity:
Common stock	1	1
Class B-2 Common Stock
Equity:
Common stock	$ 15	$ 15

About RMR GROUP INC-THE - A

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.

CEO	Mr. Adam David Portnoy
WEBSITE	rmrgroup.com
INDUSTRY	Real Estate Services
EMPLOYEES	600

RMR GROUP INC-THE - A Frequently Asked Questions

What is the ticker symbol for RMR GROUP INC-THE - A? What does RMR stand for in stocks?

RMR is the stock ticker symbol of RMR GROUP INC-THE - A. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of RMR GROUP INC-THE - A (RMR)?

As of Thu May 09 2024, market cap of RMR GROUP INC-THE - A is 395.04 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RMR stock?

You can check RMR's fair value in chart for subscribers.

What is the fair value of RMR stock?

You can check RMR's fair value in chart for subscribers. The fair value of RMR GROUP INC-THE - A is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of RMR GROUP INC-THE - A is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RMR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is RMR GROUP INC-THE - A a good stock to buy?

The fair value guage provides a quick view whether RMR is over valued or under valued. Whether RMR GROUP INC-THE - A is cheap or expensive depends on the assumptions which impact RMR GROUP INC-THE - A's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RMR.

What is RMR GROUP INC-THE - A's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, RMR's PE ratio (Price to Earnings) is 11.69 and Price to Sales (PS) ratio is 0.4. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RMR PE ratio will change depending on the future growth rate expectations of investors.