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Hot Stocks
RMR Group announces renewal of leases at 625 Indiana Ave, NW in DC » 08:09
06/23/20
06/23
08:09
06/23/20
08:09
RMR

RMR Group

$31.31 /

+0.2 (+0.64%)

RMR Groupannounced that…

RMR Groupannounced that the General Services Administration, or GSA, recently renewed two leases at 625 Indiana Avenue, NW in Washington, DC, for a total of 29,071 square feet. RMR said in a release, "One lease renewed by the agency was for eight years for 14,598 square feet, and the other was for 15 years for 14,473 square feet. The property is a 160,897 square foot 11-story office building offering a fitness center and parking. Located in the heart of Washington, D.C. a short walk to the Verizon Center and a block from Pennsylvania Avenue, the property provides easy access to three Metro stations within a quarter-mile. The property is owned by Office Properties Income Trust (Nasdaq: OPI) and managed by The RMR Group. The RMR Group is responsible for providing all aspects of management services and strategy for more than 1,300 properties with over 93 million square feet of commercial office, industrial, medical office, life science and retail space."

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RMR RMR Group
$31.31 /

+0.2 (+0.64%)

RMR RMR Group
$31.31 /

+0.2 (+0.64%)

06/08/20 Citi
Citi downgrades Alternative Asset Managers to Market Weight, lowers four ratings
06/08/20 Citi
RMR Group downgraded to Sell from Neutral at Citi
04/17/20 Citi
Citi opens '30 Day Negative Catalyst Watch' on RMR Group
03/24/20 Oppenheimer
RMR Group downgraded to Perform on Covid-19 uncertainty at Oppenheimer
RMR RMR Group
$31.31 /

+0.2 (+0.64%)

Recommendations
Citi downgrades Alternative Asset Managers to Market Weight, lowers four ratings » 09:57
06/08/20
06/08
09:57
06/08/20
09:57
APO

Apollo Global

$53.58 /

+0.41 (+0.77%)

, BX

Blackstone

$59.21 /

+0.26 (+0.44%)

, CG

Carlyle Group

$30.01 /

+0.34 (+1.15%)

, RMR

RMR Group

$33.77 /

+ (+0.00%)

Citi analyst William Katz…

Citi analyst William Katz downgraded the Alternative Asset Manager sector to Market Weight from his "long-standing" structural Overweight view as he shifts to a more selective stance with valuations "flashing a more cautious tone post the furious rally from March lows." He downgraded Apollo Global (APO), Blackstone (BX) and Carlyle Group (CG), all to Neutral from Buy, though Katz said he "could be a tad early" on Apollo and Carlyle given their recent inclusion in the Russell index. Katz sees the "deepest downside" at RMR Group (RMR), which he downgraded to Sell from Neutral, though he also recognizes its lack of trading liquidity.

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RMR RMR Group
$33.77 /

+ (+0.00%)

CG Carlyle Group
$30.01 /

+0.34 (+1.15%)

BX Blackstone
$59.21 /

+0.26 (+0.44%)

APO Apollo Global
$53.58 /

+0.41 (+0.77%)

APO Apollo Global
$53.58 /

+0.41 (+0.77%)

06/08/20 Citi
Apollo Global downgraded to Neutral from Buy at Citi
05/14/20 BMO Capital
Apollo Global downgraded to Market Perform on valuation at BMO Capital
05/14/20 BMO Capital
Apollo Global downgraded to Market Perform from Outperform at BMO Capital
05/04/20
Macerich fits model for Apollo Global investment, Dealreporter says
BX Blackstone
$59.21 /

+0.26 (+0.44%)

06/08/20 Citi
Blackstone downgraded to Neutral from Buy at Citi
05/22/20 Jefferies
Jefferies adds six names to Franchise Picks list, including BioMarin and TJX
04/24/20 Citi
Blackstone price target raised to $57.50 from $53.50 at Citi
04/15/20 Wells Fargo
Blackstone price target lowered to $62 from $70 at Wells Fargo
CG Carlyle Group
$30.01 /

+0.34 (+1.15%)

06/08/20 Citi
Carlyle Group downgraded to Neutral from Buy at Citi
04/15/20
Fly Intel: Top five analyst upgrades
04/15/20 Citi
Carlyle Group upgraded to Buy from Neutral at Citi
03/23/20 BofA
BofA cuts Apollo, Carlyle, AllianceBernstein and upgrades Charles Schwab
RMR RMR Group
$33.77 /

+ (+0.00%)

06/08/20 Citi
RMR Group downgraded to Sell from Neutral at Citi
04/17/20 Citi
Citi opens '30 Day Negative Catalyst Watch' on RMR Group
03/24/20 Oppenheimer
RMR Group downgraded to Perform on Covid-19 uncertainty at Oppenheimer
03/24/20 Oppenheimer
RMR Group downgraded to Perform from Outperform at Oppenheimer
RMR RMR Group
$33.77 /

+ (+0.00%)

CG Carlyle Group
$30.01 /

+0.34 (+1.15%)

BX Blackstone
$59.21 /

+0.26 (+0.44%)

APO Apollo Global
$53.58 /

+0.41 (+0.77%)

CG Carlyle Group
$30.01 /

+0.34 (+1.15%)

BX Blackstone
$59.21 /

+0.26 (+0.44%)

APO Apollo Global
$53.58 /

+0.41 (+0.77%)

CG Carlyle Group
$30.01 /

+0.34 (+1.15%)

BX Blackstone
$59.21 /

+0.26 (+0.44%)

APO Apollo Global
$53.58 /

+0.41 (+0.77%)

CG Carlyle Group
$30.01 /

+0.34 (+1.15%)

BX Blackstone
$59.21 /

+0.26 (+0.44%)

APO Apollo Global
$53.58 /

+0.41 (+0.77%)

Downgrade
RMR Group downgraded to Sell from Neutral at Citi » 09:50
06/08/20
06/08
09:50
06/08/20
09:50
RMR

RMR Group

$33.77 /

+ (+0.00%)

Citi analyst William Katz…

Citi analyst William Katz downgraded RMR Group to Sell from Neutral.

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RMR RMR Group
$33.77 /

+ (+0.00%)

RMR RMR Group
$33.77 /

+ (+0.00%)

04/17/20 Citi
Citi opens '30 Day Negative Catalyst Watch' on RMR Group
03/24/20 Oppenheimer
RMR Group downgraded to Perform on Covid-19 uncertainty at Oppenheimer
03/24/20 Oppenheimer
RMR Group downgraded to Perform from Outperform at Oppenheimer
12/12/19 RBC Capital
RMR Group initiated with a Sector Perform at RBC Capital
RMR RMR Group
$33.77 /

+ (+0.00%)

Over a month ago
Hot Stocks
RMR Group to install new building skins on Muse at Torrey Pines » 08:08
05/19/20
05/19
08:08
05/19/20
08:08
RMR

RMR Group

$27.06 /

+1.425 (+5.56%)

RMR Group announced that…

RMR Group announced that it has reached a new milestone in the $100M redevelopment of Muse at Torrey Pines, with new building skins being installed to the 186,000-square-foot project. A three-building campus, Muse is located on Science Park Road and is expected to be delivered in the fall. Muse will offer options to accommodate lab and cooperative office spaces starting at 20,000 square feet, with larger full building options for corporate headquarters with research facilities.

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RMR RMR Group
$27.06 /

+1.425 (+5.56%)

RMR RMR Group
$27.06 /

+1.425 (+5.56%)

04/17/20 Citi
Citi opens '30 Day Negative Catalyst Watch' on RMR Group
03/24/20 Oppenheimer
RMR Group downgraded to Perform on Covid-19 uncertainty at Oppenheimer
03/24/20 Oppenheimer
RMR Group downgraded to Perform from Outperform at Oppenheimer
12/12/19 RBC Capital
RMR Group initiated with a Sector Perform at RBC Capital
RMR RMR Group
$27.06 /

+1.425 (+5.56%)

Hot Stocks
RMR Group: M&A activities have been 'paused' amid pandemic » 13:30
05/11/20
05/11
13:30
05/11/20
13:30
RMR

RMR Group

$29.68 /

-1.31 (-4.23%)

Sees "decent…

Sees "decent change" of getting a deal done in 2020.

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RMR RMR Group
$29.68 /

-1.31 (-4.23%)

04/17/20 Citi
Citi opens '30 Day Negative Catalyst Watch' on RMR Group
03/24/20 Oppenheimer
RMR Group downgraded to Perform on Covid-19 uncertainty at Oppenheimer
03/24/20 Oppenheimer
RMR Group downgraded to Perform from Outperform at Oppenheimer
12/12/19 RBC Capital
RMR Group initiated with a Sector Perform at RBC Capital
Hot Stocks
RMR Group expects leasing volume, CapEx to slow next quarter  13:09
05/11/20
05/11
13:09
05/11/20
13:09
RMR

RMR Group

$29.41 /

-1.58 (-5.10%)

 
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RMR RMR Group
$29.41 /

-1.58 (-5.10%)

04/17/20 Citi
Citi opens '30 Day Negative Catalyst Watch' on RMR Group
03/24/20 Oppenheimer
RMR Group downgraded to Perform on Covid-19 uncertainty at Oppenheimer
03/24/20 Oppenheimer
RMR Group downgraded to Perform from Outperform at Oppenheimer
12/12/19 RBC Capital
RMR Group initiated with a Sector Perform at RBC Capital
Hot Stocks
RMR Group 'well prepared' for what may be a long recovery  13:09
05/11/20
05/11
13:09
05/11/20
13:09
RMR

RMR Group

$29.41 /

-1.58 (-5.10%)

 
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RMR RMR Group
$29.41 /

-1.58 (-5.10%)

04/17/20 Citi
Citi opens '30 Day Negative Catalyst Watch' on RMR Group
03/24/20 Oppenheimer
RMR Group downgraded to Perform on Covid-19 uncertainty at Oppenheimer
03/24/20 Oppenheimer
RMR Group downgraded to Perform from Outperform at Oppenheimer
12/12/19 RBC Capital
RMR Group initiated with a Sector Perform at RBC Capital
Hot Stocks
RMR Group saw decline in commercial real estate activity beginning late March » 13:07
05/11/20
05/11
13:07
05/11/20
13:07
RMR

RMR Group

$29.41 /

-1.58 (-5.10%)

Comments taken from Q2…

Comments taken from Q2 earnings conference call.

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RMR RMR Group
$29.41 /

-1.58 (-5.10%)

04/17/20 Citi
Citi opens '30 Day Negative Catalyst Watch' on RMR Group
03/24/20 Oppenheimer
RMR Group downgraded to Perform on Covid-19 uncertainty at Oppenheimer
03/24/20 Oppenheimer
RMR Group downgraded to Perform from Outperform at Oppenheimer
12/12/19 RBC Capital
RMR Group initiated with a Sector Perform at RBC Capital
Earnings
RMR Group reports Q1 EPS 39c, consensus 49c » 07:13
05/11/20
05/11
07:13
05/11/20
07:13
RMR

RMR Group

$30.99 /

+1.34 (+4.52%)

Reports Q1 revenue…

Reports Q1 revenue $140.86M, consensus $150.53M. Adam Portnoy, President and CEO, made the following statement regarding the second quarter fiscal 2020 results: "The market disruptions resulting from the COVID-19 pandemic have led to share price declines for our Managed Equity REITs, which have significantly reduced our fee-paying assets under management beginning in the latter part of our second fiscal quarter. Despite these share price declines, management services revenues increased year over year by 1.7% and we generated net income of $14.9 million, Adjusted EBITDA of $23.9 million, Operating Margin of 40.6% and Adjusted EBITDA Margin of 51.3% this quarter. While it remains to be seen how the pandemic and its impacts on the economy will evolve over the remainder of the year, we believe that our Client Companies have ample resources to navigate the challenges impacting their respective sectors. I remain impressed with the dedication of our workforce, and find that in unique times like these, the experience and depth of our leadership team is critical to navigating both our Client Companies' recovery and subsequent growth. We continue to believe RMR is in a strong position to weather the current economic disruption due to our long-term evergreen contracts and our scalable platform. We believe our dividend is secure and our balance sheet remains strong with $377.4 million of cash and no debt, providing us the continued ability to assess strategic opportunities for future growth."

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RMR RMR Group
$30.99 /

+1.34 (+4.52%)

04/17/20 Citi
Citi opens '30 Day Negative Catalyst Watch' on RMR Group
03/24/20 Oppenheimer
RMR Group downgraded to Perform on Covid-19 uncertainty at Oppenheimer
03/24/20 Oppenheimer
RMR Group downgraded to Perform from Outperform at Oppenheimer
12/12/19 RBC Capital
RMR Group initiated with a Sector Perform at RBC Capital
Recommendations
Citi opens '30 Day Negative Catalyst Watch' on RMR Group » 07:34
04/17/20
04/17
07:34
04/17/20
07:34
RMR

RMR Group

$29.94 /

+1.93 (+6.89%)

Citi analyst William Katz…

Citi analyst William Katz opened a "30 Day Negative Catalyst Watch" on shares of RMR Group. The analyst views yesterday's 7% rally on news that management was withdrawing financial guidance as an overreaction. Katz expects a "significant negative reset" of consensus estimates and keeps a Neutral rating on RMR with a $30.50 price target.

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RMR RMR Group
$29.94 /

+1.93 (+6.89%)

03/24/20 Oppenheimer
RMR Group downgraded to Perform on Covid-19 uncertainty at Oppenheimer
03/24/20 Oppenheimer
RMR Group downgraded to Perform from Outperform at Oppenheimer
12/12/19 RBC Capital
RMR Group initiated with a Sector Perform at RBC Capital
11/25/19 B. Riley FBR
RMR Group price target lowered to $66 from $70 at B. Riley FBR

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