The RMR Group (RMR) Projected to Post Earnings on Wednesday

The RMR Group (NASDAQ:RMR) is expected to be announcing its earnings results after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $268.50 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

The RMR Group (NASDAQ:RMR) last issued its earnings results on Monday, November 11th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.04). The company had revenue of $212.30 million during the quarter, compared to analysts’ expectations of $220.15 million. The RMR Group had a net margin of 2.57% and a return on equity of 6.40%. During the same period last year, the business posted $0.48 earnings per share. On average, analysts expect The RMR Group to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

The RMR Group Price Performance

Shares of NASDAQ:RMR opened at $18.59 on Tuesday. The RMR Group has a 12 month low of $18.21 and a 12 month high of $26.49. The firm has a market capitalization of $592.09 million, a price-to-earnings ratio of 13.67 and a beta of 1.24. The business’s 50 day simple moving average is $20.55 and its 200-day simple moving average is $23.18. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.85 and a quick ratio of 0.85.

The RMR Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, January 27th will be given a dividend of $0.45 per share. The ex-dividend date is Monday, January 27th. This represents a $1.80 dividend on an annualized basis and a yield of 9.68%. The RMR Group’s payout ratio is 132.35%.

About The RMR Group

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.