RMR Stock Recent News

Three underdog businesses have surfaced as strong rivals in the ever-changing stock market, with plans to take the lead in each by 2030. These have placed themselves in a smart position to profit from growing industries and new trends.

RMR Group is a property management company that generates revenue from managing properties for REITs and private real estate firms. The company earns fees through various methods, including base business management fees and incentive business management fees. RMR recently completed the acquisition of CARROLL, a property management firm specializing in multifamily residential properties, which is expected to boost its assets under management and diversify its revenue sources.

The RMR Group Inc. (RMR) Q1 2024 Earnings Call Transcript

The headline numbers for RMR Group (RMR) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

RMR Group (RMR) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.51 per share a year ago.

RMR Group (RMR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

RMR Group (RMR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Not all stocks are expensive. These two are worth a closer look right now.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

I'm no fan of externally-managed REITs. Especially the three tickers I'm discussing today. I suggest you avoid these rotten REITs at all costs.