RBC Capital analyst Kenneth Lee maintained a Hold rating on The RMR Group (NASDAQ:RMR) Inc. on Wednesday, setting a price target of $37, which is approximately 0.95% above the present share price of $36.65.
Lee expects The RMR Group Inc . to post earnings per share (EPS) of $0.38 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in The RMR Group, with an average price target of $39.75.
The analysts price targets range from a high of $45 to a low of $37.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $150.1 million and a net profit of $15.17 million. The company's market cap is $1.15 billion.
According to TipRanks.com, RBC Capital analyst Kenneth Lee is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.9% and a 67.47% success rate.
The RMR Group, Inc. is a holding company, which engages in the provision of management services to the managed equity real estate investment trusts and the managed operators. It operates through the RMR LLC and All Other Operations segments. The RMR LLC segment invests in real estate and manages real estate related businesses. The All Other Operations segment includes the operations of RMR Inc., RMR Advisors, and Tremont Advisors. The company was founded on May 28, 2015 and is headquartered in Newton, MA.