The RMR Group (NASDAQ:RMR) Announces Earnings Results

The RMR Group (NASDAQ:RMR) posted its quarterly earnings results on Wednesday. The financial services provider reported $0.35 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.01), Zacks reports. The RMR Group had a return on equity of 6.40% and a net margin of 2.57%.

The RMR Group Trading Up 0.4 %

Shares of NASDAQ RMR traded up $0.07 during midday trading on Wednesday, reaching $19.06. The company had a trading volume of 119,881 shares, compared to its average volume of 138,212. The firm’s fifty day moving average price is $20.42 and its 200-day moving average price is $23.09. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.10. The RMR Group has a one year low of $18.21 and a one year high of $26.49. The stock has a market cap of $607.06 million, a PE ratio of 14.01 and a beta of 1.24.

The RMR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, January 27th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 9.44%. The ex-dividend date of this dividend is Monday, January 27th. The RMR Group’s dividend payout ratio is presently 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.