The RMR Group Inc. (Nasdaq: RMR) today announced a regular quarterly cash dividend on its shares of Class A Common Stock and Class B-1 Common Stock of $0.38 per share ($1.52 per share per year). This distribution will be paid to RMR’s shareholders of record as of the close of business on April 27, 2020 and distributed on or about May 21, 2020.
Moody's Investors Service, ("Moody's") has placed Diversified Healthcare Trust (DHC)'s Ba1 senior unsecured and Ba1 corporate family rating under review for downgrade. At the same time, the speculative grade liquidity rating was downgraded to SGL-3 from SGL-2. The review for downgrade reflects the REIT's weak liquidity position, high leverage and pre-existing operating challenges that make it particularly vulnerable to risks stemming from the coronavirus outbreak.
Q2 2020 RMR Group Inc Earnings Call
The RMR Group Inc. (Nasdaq: RMR) today announced that it received the 2020 ENERGY STAR® Partner of the Year Award for its outstanding efforts as a Service and Product Provider in executing ENERGY STAR related activities at buildings it manages on behalf of its client companies for the second year in a row.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Today's rating actions reflect the REIT's high leverage, weak liquidity and pre-existing operating challenges that make it particularly vulnerable to risks stemming from the coronavirus outbreak. DHC's Ba2 CFR reflects its diversification among multiple segments of healthcare real estate, including senior housing, medical office buildings, life sciences, and, to a much lesser extent, wellness centers and skilled nursing.
Newton REIT holder The RMR Group is the fastest-growing middle-market company in Massachusetts, according to the BBJ's inaugural 2020 ranking. Here's how its CEO says they did it.
Although, expectations for fourth-quarter 2019 earnings are negative at present, results so far are far better than initially anticipated.
Shares of RMR Group (NASDAQ:RMR) were unchanged at $30.99 after the company reported Q2 results.Quarterly Results Earnings per share fell 8.00% over the past year to $0.46, which missed the estimate of $0.49.Revenue of $140,861,000 rose by 8.27% from the same period last year, which missed the estimate of $150,530,000.Guidance RMR Group hasn't issued any earnings guidance for the time being.RMR Group hasn't issued any revenue guidance for the time being.Conference Call Details Date: May 11, 2020View more earnings on RMRTime: 07:01 PM ETWebcast URL: https://78449.choruscall.com/dataconf/productusers/rmr/mediaframe/36720/indexr.htmlRecent Stock Performance Company's 52-week high was at $57.38Company's 52-week low was at $21.79Price action over last quarter: down 28.10%Company Description The RMR Group Inc is a holding company conducts its business through its subsidiary RMR Group LLC. The RMR Group LLC is an alternative asset management company which invests in real estate and manage real estate related businesses. Its business primarily consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate related operating companies. It also provides management services to real estate securities mutual fund and commercial real estate finance company. The company operates through single segment being RMR LLC. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.See more from Benzinga * Recap: Exterran Q1 Earnings * Ebix: Q1 Earnings Insights * Recap: Assertio Therapeutics Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended March 31, 2020.
The RMR Group Inc. (Nasdaq: RMR) announced today that it has reached a new milestone in the $100 million redevelopment of Muse at Torrey Pines (Muse), with new building skins being installed to the 186,000-square-foot project. When complete, Muse will be one of the first new Class A life science spaces to come online in the Torrey Pines area of San Diego in the past several years. A three-building campus, Muse is located at 3030, 3040 and 3050 Science Park Road and is expected to be delivered in Fall 2020. Muse will offer options to accommodate flexible lab and cooperative office spaces starting at 20,000 square feet, with larger full building options ideal for corporate headquarters with research facilities.
Q1 2020 RMR Group Inc Earnings Call
RMR Group (RMR) delivered earnings and revenue surprises of -5.00% and -0.42%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Unfortunately for some shareholders, the RMR Group (NASDAQ:RMR) share price has dived 32% in the last thirty days...
The RMR Group Inc. (Nasdaq: RMR) today announced that the Department of Veterans Affairs recently signed a 10-year lease renewal for 11,090 square feet at 8900 Grand Oak Circle in Tampa, Florida.
The RMR Group Inc. (Nasdaq: RMR) today announced that it will issue a press release containing its second quarter 2020 financial results before the Nasdaq opens on Monday, May 11, 2020. At 1:00 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.
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]
The RMR Group Inc. (Nasdaq: RMR) today announced the results of its 2020 Annual Meeting of Shareholders which was held today.
The Zacks Analyst Blog Highlights: Waters, Neurocrine Biosciences, Spirit Airlines, NuStar Energy and The RMR Group
Adam Portnoy became the CEO of The RMR Group Inc. (NASDAQ:RMR) in 2015. This report will, first, examine the CEO...