RMR Stock Recent News

RMR Group offers exposure to the real estate market without the downsides, generating steady income from managing other REITs. The company has steadily grown its assets under management and related fees, allowing for great downside protection and income accumulation. RMR is pursuing a transformative acquisition of Carroll Multifamily, we believe it is undervalued by around 30% to a fair price per share of $30.

The RMR Group Inc. (NASDAQ:RMR ) Q4 2023 Earnings Conference Call November 16, 2023 10:00 AM ET Company Participants Kevin Barry - Director, IR Adam Portnoy - President and CEO Matthew Jordan - CFO Conference Call Participants Bryan Maher - B. Riley Operator Good morning, and welcome to The RMR Group Fiscal Fourth Quarter 2023 Earnings Conference Call.

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

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for RMR Group (RMR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2023.

ILPT's acquisition of Monmouth REIT transformed the company by nearly doubling its portfolio and giving it a more diverse client and geographic base. Following the Monmouth acquisition, investors have been confronted with an imposing debt maturity schedule and some might even question if the business will remain a going concern. The company's operating business is still in good shape, with a 99% occupancy rate and reputable clients like FedEx and Amazon.

RMR Group has reported strong quarterly results, showing resilience despite macroeconomic headwinds. The company recently acquired CARROLL, a multifamily housing platform, which will help it enter the commercial real estate market and increase its assets under management (AUM). RMR pays a high quarterly dividend, making it an attractive stock for risk-averse and retired investors seeking regular income.

Although the revenue and EPS for RMR Group (RMR) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

RMR Group is undervalued with a 7.08% annualized forward dividend yield, the highest since the company went public in December 2015. The company has faced criticism due to high management fees and perceived non-shareholder-friendly management actions. Despite the controversy, RMR's shares represent some value here and come with a potential tailwind from the recovery of its REITs.

REIT investments have been very rewarding on average. But not all REITs are worth buying. In fact, a lot of them should be avoided at all cost.

The RMR Group Inc. (NASDAQ:RMR ) Q2 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants Melissa McCarthy - Manager, Investor Relations Adam Portnoy - President and Chief Executive Officer Matt Jordan - Chief Financial Officer Conference Call Participants Bryan Maher - B. Riley Securities Operator Good morning and welcome to the RMR Group Fiscal Second Quarter 2023 Earnings Conference Call.