The RMR Group Inc. (RMR) AI Stock Analysis

NASDAQ: RMRAI research summary: business, growth, valuation, analysts, bull and bear case.

RMR AI stock analysis summary

AI Research

The RMR Group Inc. (NASDAQ: RMR) provides business and property management services across the United States for publicly traded REITs and real estate operating companies. For the trailing twelve months, the company generated $223.0M in revenue with an operating margin of 20.6% and diluted EPS of $1.15. The stock trades at a trailing price-to-earnings multiple of 15.9x with a forward dividend yield of 9.83%.

Market cap
$312.9M
Revenue (TTM)
$223.0M
P/E
15.9x
fwd 14.7x
1Y return
36.9%
S&P 500 16.8%
Avg. target
$22.50
22.8% vs last close

Bull case

  • Trailing valuation is discounted relative to the median of its US-listed Real Estate peers, including an EV/EBITDA of 5.5x compared to the peer median of 14.7x.
  • The stock offers an annualized forward dividend yield of 9.83% supported by 11 consecutive years of payments.
  • Analysts estimate next fiscal year EPS will rebound by 90.5% to $1.20 alongside 4.9% revenue growth.

Bear case

  • Revenue fell 22.0% in FY2025 to $700.3M, down from $962.3M two years earlier.
  • For the current fiscal year ending September 30, 2026, EPS is projected to decrease by 44.2% to $0.63.
  • The company's 5-year share return of -20.5% significantly underperformed the S&P 500 return of 83.0%.

What RMR does

The RMR Group Inc., operating through its subsidiary The RMR Group LLC, specializes in delivering comprehensive business and property management services across the United States. It serves a diverse client base that includes four publicly traded real estate investment trusts (REITs) and three real estate operating companies. These services encompass a broad spectrum, ranging from day-to-day operational management to strategic advisory and administrative support. Formerly known as REIT Management & Research Inc., the company was established in 1986 and is headquartered in Newton, Massachusetts. Its core mission revolves around optimizing property and business operations across its managed real estate portfolios.

Growth and profitability

Revenue expanded from $607.2M in FY2021 to a peak of $962.3M in FY2023, before declining to $897.6M in FY2024 and $700.3M in FY2025, reflecting a 22.0% decrease in the most recent fiscal year. Over the five years from FY2020 to FY2025, revenue achieved a compound annual growth rate of 3.5%. Gross margin widened to 76.9% in FY2025, while operating margin came in at 6.0%. Annual net income declined from $57.1M in FY2023 to $17.6M in FY2025, with EPS dropping to $1.13. In the latest quarter ended June 30, 2026, revenue increased 8.4% year over year, while quarterly earnings fell 26.6%.

RMR income statement →

Balance sheet and cash flow

As of June 30, 2026, The RMR Group held $58.2M in cash and short-term investments and $183.4M in total debt, resulting in net debt of $125.2M. Total assets stood at $713.6M against shareholders' equity of $224.2M, with a current ratio of 1.40 and a debt-to-equity ratio of 0.82. In FY2025, operating cash flow reached $75.7M and free cash flow was $72.1M. Capital allocation in FY2025 included $3.6M in capital expenditures, $903,000 for share buybacks, and $30.3M in dividends paid.

RMR balance sheet →

Valuation and performance

RMR closed at $18.32 on October 16, 2026, corresponding to a market capitalization of $312.9M and an enterprise value of $445.8M. The stock trades at a trailing P/E of 15.9x, a forward P/E of 14.7x, an EV/EBITDA of 5.5x, and a price-to-sales ratio of 1.4x. These multiples compare to the median of its US-listed Real Estate peers of 21.6x trailing P/E, 23.5x forward P/E, 14.7x EV/EBITDA, and 3.7x price-to-sales. Over the past year, RMR posted a return of 36.9%, outperforming the S&P 500 (SPY) return of 16.8%, but its 5-year return of -20.5% lagged the index's 83.0% gain.

RMR key metrics →

RMR dividend

RMR pays an annualized forward dividend of $1.80 per share, offering a dividend yield of 9.83%. The company distributes dividends on a quarterly frequency and has paid consecutive dividends for 11 years, with a 5-year annualized dividend growth rate of 3.4%. Its payout ratio stands at 2.6%, and the last ex-dividend date was October 19, 2026.

RMR dividend history →

What analysts expect

Wall Street coverage consists of 2 Strong Buy, 1 Buy, and 1 Hold ratings. The mean price target is $22.50, representing an upside of 22.8% from the last close of $18.32. For the fiscal year ending September 30, 2026, analysts anticipate revenue of $633.7M and EPS of $0.63, a decline of 44.2%. For the following fiscal year, 2 analysts project revenue of $664.5M and EPS of $1.20, representing 90.5% growth. Over the last four quarters, RMR beat EPS estimates once. The next earnings date is November 11, 2026.

RMR forecast and price target →

Key risks and what to watch

  • Quarterly earnings fell 26.6% year over year in the period ended June 30, 2026.
  • The company has net debt of $125.2M with a debt-to-equity ratio of 0.82.
  • Earnings execution has been inconsistent, beating consensus EPS estimates in only 1 of the last 4 quarters.
  • Short interest represents 9.3% of the public float.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this RMR AI stock analysis

This page is an AI-written research summary of The RMR Group Inc. (RMR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: RMR income statement, RMR balance sheet, RMR key metrics, RMR analyst forecast, RMR chart. See the RMR stock overview for the latest quote and news.

RMR AI stock analysis FAQ

What is RMR's dividend yield and payment schedule?

The RMR Group Inc. pays a quarterly dividend of $1.80 annualized, which represents a dividend yield of 9.83%. It has paid dividends for 11 consecutive years with a 5-year annualized growth rate of 3.4%.

What are analysts forecasting for RMR's earnings?

For the fiscal year ending September 30, 2026, analysts forecast EPS of $0.63 on revenue of $633.7M. For the following fiscal year, analysts project EPS to increase 90.5% to $1.20 on revenue of $664.5M.

How is RMR valued compared to its sector peers?

RMR trades at a trailing P/E of 15.9x and an EV/EBITDA of 5.5x, both below the median of its US-listed Real Estate peers of 21.6x and 14.7x, respectively.

When does The RMR Group report its next earnings?

The company's next earnings report is scheduled for November 11, 2026.

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