The RMR Group (RMR)
Manages affiliated REITs, SEVN advisory work, and private-capital real estate platforms.
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Manages commercial real estate assets through affiliated REIT contracts, SEVN advisory work, and private-capital platforms. The public issuer is a holding company over RMR LLC, with economics tied to long-duration client agreements, client health, and concentrated founder-family control.
Runs a commercial real estate asset-management platform through RMR LLC, the operating subsidiary of a public holding company. Service lines cover management for DHC, ILPT, OPI, and SVC, advisory work for SEVN through Tremont, and private-capital clients including residential and operating-company platforms.
The footprint is centered in Newton, Massachusetts and concentrated in U.S. commercial real estate. Platform functions span investment management, property management, development, capital formation, sustainability, and technology and data science across credit, hospitality, industrial, medical office, office, residential, retail, and senior living assets.
Economics depend on long-duration agreements with a limited client set, especially managed public REITs. Control is concentrated through ABP Trust under Adam Portnoy, and OPI's recent restructuring reset RMR LLC's management agreements with that client.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
No analyst notes in the last 24 months.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $58.2M · Total debt $183.4M · Total assets $713.6M · Shareholders' equity $224.2M
- Revenue
- $153.5M
- Operating income
- $8.7M
- Net income
- $3.2M
HistoryDividendAnnual yield
| Institutions | 40.70% | 13.06M shares | |
|---|---|---|---|
| 171 holders · as of Jun 30, 2026 | |||
| Insiders | 3.67% | 1.18M shares | |
| 2 holders · as of Sep 18, 2025 | |||
| Strategic holders | 8.73% | 2.80M shares | |
| 1 holder · as of Dec 31, 2018 | |||
| Other | 46.90% | 15.05M shares | |
| remainder | |||
32.08M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (32.08M in the company's Sep 23, 2026 report, 16.08M elsewhere); stakes use the report.
This company has 3 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Office Properties Income Trust1Strategic10 percent owner | 8.73% | 2.80M B | filed Dec 31, 2018 |
BlackRock, Inc.Institution | 4.62% | 1.48M A | as of Jun 30, 2026 |
Adam D. PortnoyInsider | 3.61% | 1.16M | filed Jan 13, 2021 |
Nantahala Capital Management, LLCInstitution | 3.58% | 1.15M A | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 2.73% | 875,317 A | as of Jun 30, 2026 |
- Office Properties Income Trust's transaction reports restate only vehicles that traded; the 2019 ownership statement (2.80M) is used instead.
Insider tradesForm 4
Nothing filed in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| The RMR Group | $18.94 | −1.97% | $310.7M | 16.9 | 25.9 | 0.5 | −0.8% |
| CBRE Group | $138.01 | −2.16% | $40.86B | 32.4 | 17.2 | 0.9 | +15.1% |
| Jones Lang LaSalle | $329.69 | −1.69% | $15.43B | 16.1 | 12.6 | 0.6 | +10.8% |
| Blackstone | $119.10 | −3.96% | $149.80B | 27.6 | 18.5 | 9.3 | +2.4% |
| Colliers International Group | $91.52 | −1.00% | $4.60B | 43.0 | 11.5 | 0.8 | +13.3% |
| Brookfield Asset Management | $45.35 | −1.43% | $73.47B | 26.7 | 22.6 | 13.6 | +58.7% |
| Cushman & Wakefield | $12.57 | −2.29% | $3.01B | 44.1 | 8.1 | 0.3 | +11.2% |
| Newmark Group | $13.60 | −2.44% | $2.18B | 17.5 | 6.6 | 0.6 | +17.0% |
| Median | 27.6 | 12.6 | 0.8 | +13.3% |