The RMR Group (NASDAQ:RMR) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS

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

The RMR Group Trading Up 0.4 %

The RMR Group stock traded up $0.07 during midday trading on Wednesday, hitting $19.06. 119,881 shares of the stock were exchanged, compared to its average volume of 138,212. The RMR Group has a 52 week low of $18.21 and a 52 week high of $26.49. 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 stock has a market capitalization of $607.06 million, a PE ratio of 14.01 and a beta of 1.24. The company has a fifty day simple moving average of $20.42 and a two-hundred day simple moving average of $23.09.

The RMR Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Monday, January 27th will be given a $0.45 dividend. The ex-dividend date of this dividend is Monday, January 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.44%. The RMR Group’s dividend payout ratio is 132.35%.

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.