NASDAQ$RMR
The RMR Group Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Announced fourth quarter 2020 results with net income attributable to The RMR Group Inc. of $0.38 per diluted share and adjusted net income attributable to The RMR Group Inc. of $0.39 per diluted share.
The RMR Group Inc. reported a net income of $14.4 million for the fiscal fourth quarter ended September 30, 2020. Adjusted EBITDA was $20.8 million with an Adjusted EBITDA Margin of 48.8%. The company ended the fiscal year with $369.7 million in cash and no debt.
- Gross assets under management were $32.3 billion as of September 30, 2020.
- Fee paying assets under management were $20.6 billion on September 30, 2020.
- Total management and advisory services revenues were $40.2 million for the quarter ended September 30, 2020.
- Net income attributable to The RMR Group Inc. was $6.2 million, or $0.38 per diluted share.
Headline financials
Revenue & EPS history
RMR · Revenue · Quarterly
$150M
Forward guidance
The RMR Group Inc. remains focused on assessing opportunities to grow its private capital assets under management, both organically and through possible external acquisitions.
Tailwinds
- The RMR Group Inc. believes its Client Companies have sufficient resources to weather near-term challenges.
- Rent collections remained strong at Managed Equity REITs.
- Rent relief requests are declining at Managed Equity REITs.
- Leasing activity is improving at Managed Equity REITs.
- The RMR Group Inc. believes its Client Companies are well-capitalized and, in some cases, are well positioned to be opportunistic in the near term.
Headwinds
- The RMR Group Inc.’s business is subject to various risks, including risks outside its control.
- The impact and duration of the COVID-19 pandemic is not known.
- The current difficult economic conditions may continue and could deteriorate further and such adverse conditions may continue for a prolonged period.
- The RMR Group Inc.’s fee paying assets under management and management services revenues may not grow in future periods and could decline.
- Tenant rent collections may decline and tenant rent relief requests may increase in the future, particularly if the COVID-19 pandemic does not abate and economic conditions do not sufficiently and sustainably improve.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
-0.9%
Avg return
Earnings day
-0.8%
Avg return
5 days after
+0.8%
Avg return
30 days after
40%
17 / 42 earnings
Positive
+10.4%
Q2 2016
Best reaction
-14.3%
Q2 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +1.3% | -1.9% | +3.4% | |
| Q1 2026 | +7.6% | +13.7% | +9.2% | |
| Q4 2025 | +0.6% | -2.5% | +0.9% | |
| Q2 2025 | -4.5% | +1.9% | +6.1% | |
| Q1 2025 | -0.7% | -1.8% | -1.3% | |
| Q4 2024 | -7.4% | -9.7% | -10.1% | |
| Q3 2024 | -3.4% | -6.6% | -1.7% | |
| Q2 2024 | -4.3% | -1.3% | -3.3% | |
| Q1 2024 | +2.7% | +3.3% | -7.1% | |
| Q4 2023 | -1.8% | -0.6% | +12.3% | |
| Q3 2023 | -1.2% | +4.0% | +6.8% | |
| Q2 2023 | -4.1% | -5.6% | -4.0% | |
| Q1 2023 | -2.5% | -8.6% | -7.2% | |
| Q4 2022 | -3.2% | +1.5% | +4.2% | |
| Q3 2022 | +0.5% | -0.7% | -9.1% | |
| Q2 2022 | -0.1% | -0.7% | +8.5% | |
| Q1 2022 | -2.6% | +2.4% | -4.2% | |
| Q4 2021 | +0.9% | -3.8% | -9.0% | |
| Q3 2021 | +3.3% | +2.6% | -1.2% | |
| Q2 2021 | -1.8% | -5.3% | -0.9% | |
| Q1 2021 | +8.5% | +4.1% | +13.5% | |
| Q4 2020 | +8.4% | +12.5% | +22.2% | |
| Q3 2020 | +6.8% | +10.3% | +7.9% | |
| Q2 2020 | -14.3% | -17.4% | +4.2% | |
| Q1 2020 | -6.2% | -5.4% | -20.4% | |
| Q4 2019 | -3.9% | -1.9% | -4.4% | |
| Q3 2019 | -6.1% | -8.3% | -1.8% | |
| Q2 2019 | -8.4% | -7.0% | -8.2% | |
| Q1 2019 | +1.4% | +3.3% | -1.1% | |
| Q4 2018 | -1.7% | -3.9% | -16.2% | |
| Q3 2018 | +1.8% | +1.9% | +12.0% | |
| Q2 2018 | +0.1% | -6.4% | -4.7% | |
| Q1 2018 | +3.7% | +9.5% | +29.1% | |
| Q4 2017 | -0.7% | -0.7% | +3.8% | |
| Q3 2017 | -8.0% | -1.8% | +1.1% | |
| Q2 2017 | -2.8% | -6.1% | -6.7% | |
| Q1 2017 | +1.1% | +8.2% | +5.3% | |
| Q4 2016 | -3.1% | -5.7% | -9.3% | |
| Q3 2016 | +2.2% | +4.4% | +13.0% | |
| Q2 2016 | +10.4% | — | — | |
| Q1 2016 | -1.8% | — | — | |
| Q4 2015 | -2.7% | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2013 | — | — | — |
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