RMR Group, Inc. Class A Stock News

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it has rescheduled its fiscal fourth quarter 2024 conference call one day earlier than previously scheduled. RMR will now issue its financial results after the Nasdaq closes on Monday, November 11, 2024. On Tuesday, November 12, 2024 at 10:00 a.m. Eastern Time, President and Chief Executive Officer Adam Portnoy and...

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced a regular quarterly cash distribution on its shares of Class A Common Stock and Class B-1 Common Stock of $0.45 per share ($1.80 per share per year). This distribution will be paid to RMR's shareholders of record as of the close of business on October 28, 2024 and distributed on or about November 14, 2024. About Th...

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it will issue a press release containing its fiscal fourth quarter 2024 financial results after the Nasdaq closes on Tuesday, November 12, 2024. On Wednesday, November 13, 2024 at 10:00 a.m. Eastern Time, President and Chief Executive Officer Adam Portnoy and Chief Financial Officer Matt Jordan will host a conferen...

The RMR Group Inc. (NASDAQ:RMR ) Q3 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Kevin Barry - Senior Director, IR Adam Portnoy - President and CEO Matt Jordan - CFO Conference Call Participants Bryan Maher - B. Riley Securities Ronald Kamdem - Morgan Stanley Operator Good morning.

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended June 30, 2024, which can be found at the Quarterly Results section of RMR's website at https://www.rmrgroup.com/investors-and-media/financial-information/default.aspx. A conference call to discuss RMR's fiscal third quarter results will be held on Friday, August 2,...

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that it has acquired The Ridge at Lowry, a 240-unit garden-style apartment community located at 10000 E. Alameda Avenue in Denver, Colorado, for a purchase price of $70.0 million. The property will be rebranded as ARIUM at Lowry under RMR's consumer-focused brand, ARIUM, and will undergo extensive interior and exterior ...

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RMR Group remains a "Strong Buy" in my value portfolio due to profitability and the integration of the CARROLL acquisition. Future catalysts include potential for an improving real estate market and increasing dividends. Valuation metrics suggest significant upside potential if stock trades at sector median multiples, with potential for improved sentiment and quant ratings.