|Bid||46.88 x 800|
|Ask||46.90 x 800|
|Day's Range||46.51 - 47.38|
|52 Week Range||41.69 - 77.83|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||10.22|
|Earnings Date||Nov 22, 2019|
|Forward Dividend & Yield||1.52 (3.27%)|
|1y Target Est||51.08|
Moody's Investors Service ("Moody's") revised Office Properties Income Trust (OPI)'s outlook to stable from negative and affirmed the office REIT's Baa3 senior unsecured rating. "The outlook revision reflects OPI's substantial completion of its disposition program that has reduced leverage, as well as improved its asset quality and operating outlook," stated Moody's analyst Lori Marks. The affirmation reflects OPI's scale and diversification, with a portfolio that includes single-tenant net leased assets as well as its traditional focus in the government office sector.
RMR Group (RMR) delivered earnings and revenue surprises of 11.32% and 9.40%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Net Income Attributable to The RMR Group Inc. of $0.51 Per Diluted Share and Adjusted Net Income Attributable to The RMR Group Inc. of $0.59 Per Diluted Share
An adaptive-reuse development in the Lower South End area has been acquired, making it the first stabilized, institutionally sized project of its kind of to sell in Charlotte.
RMR Group (RMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Encouraging leasing, advisory services and U.S. capital market performance, along with fee revenue growth, aids CBRE Group's (CBRE) Q3 results.
Jones Lang LaSalle (JLL) Q3 results reflect solid Americas' leasing and Capital Markets performance, while Corporate Solutions growth boosts annuity base.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this year and beat the S&P […]
The RMR Group Inc. (RMR) today announced that it will issue a press release containing its fourth quarter and year end 2019 financial results before the Nasdaq opens on Friday, November 22, 2019. At 2:00 p.m. Eastern Time that afternoon, President and Chief Executive Officer Adam Portnoy and Chief Financial Officer Matt Jordan will host a conference call to discuss these results.
Moody's Investors Service ("Moody's") has assigned a Ba3 rating to Highway Ventures Borrower LLC's ("Highway Ventures") proposed $300 million senior secured term loan B currently being marketed. The new issue proceeds will be used to finance a distribution to its parent company, Service Properties Trust ("SVC"), formerly known as Hospitality Properties Trust. The rating outlook is stable.
The RMR Group Inc. said Thursday its board has approved an increase in its quarterly cash dividend on class A and class B-1 common stock by 3 cents a share to 38 cents. The new payment will be made on or about Nov. 14 to shareholders of record as of Oct. 28. The RMR Group is a holding company with most of its business conducted by wholly owned unit RMR Group LLC, an alternative asset management company with about $30.6 billion in assets under management. Shares were not active premarket but have fallen 16% in 2019, while the S&P 500 has gained 19%.
The RMR Group Inc. (RMR) today announced it has raised its regular quarterly cash dividend on its shares of Class A Common Stock and Class B-1 Common Stock by $0.03 per share to $0.38 per share for the quarter ended September 30, 2019 ($1.52 per share per year). This distribution will be paid to RMR’s shareholders of record as of the close of business on October 28, 2019 and distributed on or about November 14, 2019. The RMR Group Inc. is a holding company, and substantially all of its business is conducted by its majority-owned subsidiary, The RMR Group LLC. The RMR Group LLC is an alternative asset management company that primarily provides management services to publicly traded REITs and real estate operating companies.
The RMR Group Inc. (RMR) received the Real Estate Management Excellence (REME) Award for Employee & Leadership Development from the Institute of Real Estate Management (IREM) at its 2019 Global Summit in San Francisco, CA, on September 26, 2019. IREM’s REME Awards program recognizes companies and individuals for excellence in real estate management across several categories. The award for the Employee & Leadership Development category recognizes RMR’s programs and initiatives for recruitment, onboarding, retention and professional development.
The RMR Group Inc. (RMR) was recently ranked 75th on Fortune Magazine’s 100 Fastest-Growing Companies list for 2019. RMR is one of only three real estate related companies to rank on this list. This ranking follows several recent honors from industry and government organizations achieved by RMR and the client companies it manages.
The downgrade follows HPT's announcement on 4 September that its acquisition of a net lease portfolio from Spirit MTA REIT ("SMTA") for $2.4 billion in cash received SMTA shareholders' approval. The downgrade reflects Moody's view that HPT's credit metrics will deteriorate as a result of the debt-funded SMTA acquisition. Pro-forma for the full year of the SMTA acquisition impact and asset sales, we estimate that net debt/EBITDA will increase to roughly 6x from 5.2x as of LTM Q2 2019 (including Moody's accounting adjustments), a significant increase for HPT which has been operating with moderate leverage of net debt/EBITDA in the 4.5-5.2x range (including Moody's accounting adjustments) for the past four years.
RMR Group (RMR) delivered earnings and revenue surprises of -1.85% and 7.98%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?