StockNews.com upgraded shares of The RMR Group (NASDAQ:RMR – Free Report) from a hold rating to a buy rating in a research report report published on Sunday.
The RMR Group Stock Performance
Shares of The RMR Group stock opened at $17.09 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.10. The business has a 50-day moving average price of $18.57 and a two-hundred day moving average price of $21.68. The RMR Group has a 1-year low of $16.89 and a 1-year high of $26.43. The company has a market cap of $544.25 million, a P/E ratio of 12.85 and a beta of 1.19.
The RMR Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Monday, January 27th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $1.80 dividend on an annualized basis and a yield of 10.53%. The RMR Group’s payout ratio is currently 135.34%.
Institutional Trading of The RMR Group
The RMR Group Company Profile
The RMR Group Inc, through its subsidiary, The RMR Group LLC, provides asset management services in the United States. The company offers management services to its four publicly traded real estate investment trusts, three real estate operating companies, and private capital vehicles. It also provides advisory services to publicly traded mortgage real estate investment trust.
Recommended Stories
- Five stocks we like better than The RMR Group
- What is a penny stock? A comprehensive guide
- Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement
- The 3 Best Retail Stocks to Shop for in August
- 3 Must-Own Stocks to Build Wealth This Decade
- The 3 Best Blue-Chip Stocks to Buy Now
- Advanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?
Receive News & Ratings for The RMR Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The RMR Group and related companies with MarketBeat.com's FREE daily email newsletter.