NASDAQ:NMRK

Newmark Group (NMRK) Stock Price, News & Analysis

$10.10
+0.11 (+1.10%)
(As of 05/6/2024 ET)
Today's Range
$9.93
$10.33
50-Day Range
$9.51
$11.33
52-Week Range
$5.07
$11.51
Volume
1.01 million shs
Average Volume
1.02 million shs
Market Capitalization
$1.74 billion
P/E Ratio
45.91
Dividend Yield
1.19%
Price Target
$12.13

Newmark Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
20.0% Upside
$12.13 Price Target
Short Interest
Bearish
2.91% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.19mentions of Newmark Group in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.64%
From $1.12 to $1.34 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.26 out of 5 stars

Finance Sector

468th out of 876 stocks

Real Estate Agents & Managers Industry

6th out of 15 stocks

NMRK stock logo

About Newmark Group Stock (NASDAQ:NMRK)

Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners. It also provides tenant representation leasing; and global corporate services consisting of workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management. The company offers its services to commercial real estate tenants, investors, owners, occupiers, and developers; lenders; small and medium size businesses; and multi-national corporations. The company was formerly known as Newmark Grubb Knight Frank Capital Group and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York. Newmark Group, Inc. is a subsidiary of Cantor Fitzgerald, L.P.

NMRK Stock Price History

NMRK Stock News Headlines

KBW Reaffirms Their Hold Rating on Newmark Group (NMRK)
Newmark Group (NASDAQ:NMRK) Issues Earnings Results
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On Wednesday, May 8, the legendary Jonathan Rose is holding his first ever Masters in Trading Summit. Jonathan is one of the sharpest traders I’ve ever met. He made millions trading in the pits of the world’s largest exchanges.
Q1 2024 Newmark Group Inc Earnings Call
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On Wednesday, May 8, the legendary Jonathan Rose is holding his first ever Masters in Trading Summit. Jonathan is one of the sharpest traders I’ve ever met. He made millions trading in the pits of the world’s largest exchanges.
Newmark Group Inc. Q1 Earnings Summary
Newmark Group: Q1 Earnings Snapshot
Newmark Group A earnings: here's what to expect
Newmark Group (NMRK) to Release Earnings on Friday
Newmark Group Inc Class A
Newmark Group, Inc. Class A
Piper Sandler Keeps Their Buy Rating on Newmark Group (NMRK)
See More Headlines
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Company Calendar

Ex-Dividend for 3/22 Dividend
3/07/2024
Dividend Payable
3/22/2024
Last Earnings
5/03/2024
Today
5/06/2024
Ex-Dividend for 6/3 Dividend
5/16/2024
Dividend Payable
6/03/2024
Next Earnings (Estimated)
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate agents & managers
Sub-Industry
N/A
Current Symbol
NASDAQ:NMRK
Fax
N/A
Employees
7,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.13
High Stock Price Target
$13.00
Low Stock Price Target
$11.25
Potential Upside/Downside
+20.0%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$42.58 million
Pretax Margin
4.19%

Debt

Sales & Book Value

Annual Sales
$2.47 billion
Cash Flow
$3.01 per share
Book Value
$9.08 per share

Miscellaneous

Free Float
117,761,000
Market Cap
$1.74 billion
Optionable
Optionable
Beta
1.99
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Key Executives

  • Mr. Howard W. LutnickMr. Howard W. Lutnick (Age 62)
    Executive Chairman & PEO
    Comp: $20M
  • Mr. Barry M. Gosin (Age 73)
    Chief Executive Officer
    Comp: $2.61M
  • Mr. Michael J. Rispoli CPA (Age 52)
    Chief Financial Officer
    Comp: $1.35M
  • Mr. Stephen Marcus Merkel (Age 65)
    Executive VP, Chief Legal Officer & Assistant Corporate Secretary
    Comp: $1.5M
  • Mr. James D. Kuhn FRICS
    President & Head of Investor Services
  • Mr. Sridhar Potineni
    Chief Information Officer
  • Mr. Roger Ethan Anscher J.D.
    Chief Administrative Officer
  • Mr. Jason A. McGruder
    Head of Investor Relations
  • Ms. Angie Leccese
    Chief Marketing Officer
  • Ms. Karen Mitchell
    Chief Human Resources Officer

NMRK Stock Analysis - Frequently Asked Questions

Should I buy or sell Newmark Group stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NMRK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NMRK, but not buy additional shares or sell existing shares.
View NMRK analyst ratings
or view top-rated stocks.

What is Newmark Group's stock price target for 2024?

3 Wall Street research analysts have issued 1 year target prices for Newmark Group's stock. Their NMRK share price targets range from $11.25 to $13.00. On average, they predict the company's stock price to reach $12.13 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price.
View analysts price targets for NMRK
or view top-rated stocks among Wall Street analysts.

How have NMRK shares performed in 2024?

Newmark Group's stock was trading at $10.96 at the beginning of the year. Since then, NMRK shares have decreased by 7.8% and is now trading at $10.10.
View the best growth stocks for 2024 here
.

When is Newmark Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 2024.
View our NMRK earnings forecast
.

How were Newmark Group's earnings last quarter?

Newmark Group, Inc. (NASDAQ:NMRK) issued its quarterly earnings data on Friday, May, 3rd. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.01. The company earned $546.50 million during the quarter, compared to analysts' expectations of $526.07 million. Newmark Group had a trailing twelve-month return on equity of 17.11% and a net margin of 1.47%. The business's revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.15 earnings per share.

How often does Newmark Group pay dividends? What is the dividend yield for Newmark Group?

Newmark Group declared a quarterly dividend on Thursday, May 2nd. Stockholders of record on Friday, May 17th will be paid a dividend of $0.03 per share on Monday, June 3rd. This represents a $0.12 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Thursday, May 16th.
Read our dividend analysis for NMRK
.

Is Newmark Group a good dividend stock?

Newmark Group (NASDAQ:NMRK) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.20%. The dividend payout ratio is 54.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMRK will have a dividend payout ratio of 8.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NMRK.

What ETFs hold Newmark Group's stock?

ETFs with the largest weight of Newmark Group (NASDAQ:NMRK) stock in their portfolio include EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).Future Fund Long/Short ETF (FFLS).

What guidance has Newmark Group issued on next quarter's earnings?

Newmark Group updated its FY 2026 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.0 billion-.

What is Barry M. Gosin's approval rating as Newmark Group's CEO?

68 employees have rated Newmark Group Chief Executive Officer Barry M. Gosin on Glassdoor.com. Barry M. Gosin has an approval rating of 54% among the company's employees. This puts Barry M. Gosin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Newmark Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Newmark Group investors own include Verizon Communications (VZ), AT&T (T), Intel (INTC), AGNC Investment (AGNC), Medical Properties Trust (MPW), AbbVie (ABBV), Alibaba Group (BABA), Energy Transfer (ET) and Enterprise Products Partners (EPD).

When did Newmark Group IPO?

Newmark Group (NMRK) raised $615 million in an initial public offering (IPO) on Friday, December 15th 2017. The company issued 30,000,000 shares at a price of $19.00-$22.00 per share. Goldman Sachs, BofA Merrill Lynch, Citigroup, Cantor Fitzgerald, PNC Capital Markets, Mizuho Securities, Capital One Securities and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO and Sandler O’Neill + Partners, Raymond James, Regions Securities, CastleOak Securities and Wedbush Securities were co-managers.

Who are Newmark Group's major shareholders?

Newmark Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Leeward Investments LLC MA (1.05%), Denali Advisors LLC (0.27%), Raymond James & Associates (0.24%), Assenagon Asset Management S.A. (0.12%), Principal Financial Group Inc. (0.11%) and BNP Paribas Financial Markets (0.09%).
View institutional ownership trends
.

How do I buy shares of Newmark Group?

Shares of NMRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NMRK) was last updated on 5/6/2024 by MarketBeat.com Staff

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