Adam Portnoy - RMR CEO
RMR Stock | USD 22.15 0.18 0.82% |
CEO
Mr. Adam D. Portnoy is President, Chief Executive Officer, Managing Director, Director of the Company. Mr. Portnoy serves as a director of Hospitality Properties Trust Senior Housing Properties Trust Government Properties Income Trust RMR Real Estate Income Fund, including its predecessor funds Select Income REIT Tremont Mortgage Trust Industrial Logistics Properties Trust TravelCenters of America LLC . Mr. Portnoy was one of our Managing Directors, our President and our Chief Executive Officer since shortly after our formation in 2015. Mr. Portnoy is president and chief executive officer of The RMR Group LLC and was a director of RMR LLC from 2006 until June 5, 2015 when RMR LLC became a majority owned subsidiary of the Company and we became RMR LLC managing member. Mr. Portnoy was a director of RMR Advisors LLC since 2007 and served as its president from 2007 to September 2017 and its chief executive officer from 2015 to September 2017. Mr. Portnoy was a director of Tremont Realty Advisors LLC since March 2016, and he was its president and chief executive officer from March 2016 through December 2017. Mr. Portnoy is an owner, trustee and officer of ABP Trust, the controlling shareholder of the Company. Mr. Portnoy is an owner and was a director of Sonesta International Hotels Corporation since 2012. Mr. Portnoy served as president of RMR Real Estate Income Fund from 2007 to 2015 and as president of Government Properties Income Trust from 2009 to 2011. Mr. Portnoy was a managing trustee of Equity Commonwealth from 2006 until 2014 and served as its president from 2011 to 2014. since 2015.
Age | 54 |
Tenure | 9 years |
Address | Two Newton Place, Newton, MA, United States, 02458-1634 |
Phone | 617-796-8230 |
Web | https://www.rmrgroup.com |
Adam Portnoy Latest Insider Activity
Tracking and analyzing the buying and selling activities of Adam Portnoy against RMR stock is an integral part of due diligence when investing in RMR. Adam Portnoy insider activity provides valuable insight into whether RMR is net buyers or sellers over its current business cycle. Note, RMR insiders must abide by specific rules, including filing SEC forms every time they buy or sell RMR'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Adam Portnoy over three weeks ago Acquisition by Adam Portnoy of 20000 shares of Diversified Healthcare subject to Rule 16b-3 | ||
Adam Portnoy over two months ago Acquisition by Adam Portnoy of 10000 shares of RMR subject to Rule 16b-3 | ||
Adam Portnoy over two months ago Acquisition by Adam Portnoy of 3000 shares of Diversified Healthcare subject to Rule 16b-3 | ||
Adam Portnoy over a year ago Acquisition by Adam Portnoy of 12000 shares of RMR subject to Rule 16b-3 |
RMR Management Efficiency
The company has Return on Asset of 0.0576 % which means that on every $100 spent on assets, it made $0.0576 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.126 %, implying that it generated $0.126 on every 100 dollars invested. RMR's management efficiency ratios could be used to measure how well RMR manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to drop to 0.08. In addition to that, Return On Capital Employed is likely to drop to 0.08. At this time, RMR's Other Current Assets are relatively stable compared to the past year. As of 11/22/2024, Other Assets is likely to grow to about 194.1 M, while Non Current Assets Total are likely to drop slightly above 241.4 M.Similar Executives
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Management Performance
Return On Equity | 0.13 | ||||
Return On Asset | 0.0576 |
RMR Group Leadership Team
Elected by the shareholders, the RMR's board of directors comprises two types of representatives: RMR inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RMR. The board's role is to monitor RMR's management team and ensure that shareholders' interests are well served. RMR's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, RMR's outside directors are responsible for providing unbiased perspectives on the board's policies.
Adam Portnoy, CEO and President Managing Director, Director, Member of Compensation Committee and President of RMR LLC and CEO of RMR LLC | ||
Jonathan Pertchik, Ex LLC | ||
Christopher Bilotto, Executive President | ||
Matthew Brown, Senior LLC | ||
John Murray, Executive Vice President of RMR LLC | ||
Timothy Bonang, Senior LLC | ||
Jacquelyn Anderson, Senior LLC | ||
Jeffrey Leer, Executive LLC | ||
Gregory Carey, Senior LLC | ||
Jennifer Francis, Executive Officer | ||
Stefanie Bertcher, Vice Group | ||
Christopher Ranjitkar, Vice Communications | ||
Jennifer Clark, Executive VP, General Counsel, Secretary, Executive VP of RMR LLC, General Counsel of RMR LLC and Secretary of RMR LLC | ||
Jeffrey CPA, Executive LLC | ||
Diane Proctor, Vice Resources | ||
Stephen Miano, VP LLC | ||
Michael Kodesch, Director Relations | ||
Matthew CPA, CFO VP | ||
Mark Young, Senior LLC | ||
Rob Gayle, Vice LLC | ||
Todd Hargreaves, Senior President |
RMR Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is RMR a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.13 | ||||
Return On Asset | 0.0576 | ||||
Profit Margin | 0.12 % | ||||
Operating Margin | 0.24 % | ||||
Current Valuation | 345.84 M | ||||
Shares Outstanding | 15.85 M | ||||
Shares Owned By Insiders | 3.24 % | ||||
Shares Owned By Institutions | 78.50 % | ||||
Number Of Shares Shorted | 209.91 K | ||||
Price To Earning | 16.72 X |
Pair Trading with RMR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RMR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RMR will appreciate offsetting losses from the drop in the long position's value.Moving together with RMR Stock
Moving against RMR Stock
0.58 | CBL | CBL Associates Properties | PairCorr |
0.57 | ZG | Zillow Group | PairCorr |
0.56 | UE | Urban Edge Properties Sell-off Trend | PairCorr |
0.55 | DOUG | Douglas Elliman | PairCorr |
0.37 | MRNO | Murano Global Investments | PairCorr |
The ability to find closely correlated positions to RMR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RMR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RMR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RMR Group to buy it.
The correlation of RMR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RMR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RMR Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RMR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for RMR Stock Analysis
When running RMR's price analysis, check to measure RMR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RMR is operating at the current time. Most of RMR's value examination focuses on studying past and present price action to predict the probability of RMR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RMR's price. Additionally, you may evaluate how the addition of RMR to your portfolios can decrease your overall portfolio volatility.