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S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
NASDAQ:NMRK

Newmark Group Stock Forecast, Price & News

$9.93
-0.04 (-0.40%)
(As of 07/5/2022 05:46 PM ET)
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Today's Range
$9.53
$9.93
50-Day Range
$8.81
$13.41
52-Week Range
$8.66
$19.10
Volume
1.05 million shs
Average Volume
1.80 million shs
Market Capitalization
$1.88 billion
P/E Ratio
2.84
Dividend Yield
1.20%
Price Target
$16.00

Newmark Group MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
61.1% Upside
$16.00 Price Target
Short Interest
Healthy
3.75% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.52mentions of Newmark Group in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$6 M Bought Last Quarter
Proj. Earnings Growth
10.22%
From $1.86 to $2.05 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.86 out of 5 stars

Finance Sector

92nd out of 1,389 stocks

Real Estate Agents & Managers Industry

1st out of 19 stocks

30 days | 90 days | 365 days | Advanced Chart

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Newmark Group logo

About Newmark Group (NASDAQ:NMRK) Stock

Newmark Group, Inc. provides commercial real estate services in the United States and internationally. The company's investor/owner services and products include capital markets, such as investment, debt and structured finance, and loan sales; agency leasing, property management, and valuation and advisory; and commercial real estate due diligence consulting and advisory services, as well as government sponsored enterprise lending, loan servicing, mortgage broking, and equity-raising services. Its occupier services and products comprise tenant representation; real estate management technology systems; workplace and occupancy strategy; global corporate consulting; project management; account and transaction management; and lease administration and facilities management services. The company provides its services to commercial real estate tenants, investors, owners, occupiers, and developers, as well as lenders and multi-national corporations. As of December 31, 2021, it operated approximately 160 offices on four continents. The company was formerly known as Newmark Knight Frank 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.

NMRK Stock News Headlines

Newmark brings on Susan Arledge
Barings Acquires Bay Area Life Science Portfolio
NTNX, IMAB and CORZ are among after hour movers
See More Headlines

Industry, Sector and Symbol

Industry
Real estate agents & managers
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:NMRK
Fax
N/A
Employees
6,200
Year Founded
N/A

Company Calendar

Last Earnings
4/29/2022
Ex-Dividend for 5/31 Dividend
5/13/2022
Dividend Payable
5/31/2022
Today
7/06/2022
Next Earnings (Estimated)
8/05/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$16.00
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+61.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$750.73 million
Pretax Margin
38.00%

Debt

Sales & Book Value

Annual Sales
$2.91 billion
Cash Flow
$3.30 per share
Book Value
$8.78 per share

Miscellaneous

Free Float
137,826,000
Market Cap
$1.88 billion
Optionable
Optionable
Beta
1.75














Newmark Group Frequently Asked Questions

Should I buy or sell Newmark Group stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Newmark Group stock. 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 analyst ratings for Newmark Group
or view top-rated stocks.

What is Newmark Group's stock price forecast for 2022?

4 brokerages have issued 12 month price objectives for Newmark Group's stock. Their NMRK stock forecasts range from $11.00 to $18.00. On average, they predict Newmark Group's share price to reach $16.00 in the next year. This suggests a possible upside of 61.1% from the stock's current price.
View analysts' price targets for Newmark Group
or view top-rated stocks among Wall Street analysts.

How has Newmark Group's stock price performed in 2022?

Newmark Group's stock was trading at $18.70 at the start of the year. Since then, NMRK shares have decreased by 46.9% and is now trading at $9.93.
View the best growth stocks for 2022 here
.

When is Newmark Group's next earnings date?

Newmark Group is scheduled to release its next quarterly earnings announcement on Friday, August 5th 2022.
View our earnings forecast for Newmark Group
.

How were Newmark Group's earnings last quarter?

Newmark Group, Inc. (NASDAQ:NMRK) announced its earnings results on Friday, April, 29th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.12. The company earned $678.20 million during the quarter, compared to the consensus estimate of $652.97 million. Newmark Group had a net margin of 23.31% and a trailing twelve-month return on equity of 30.22%. The business's revenue for the quarter was up 34.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.20 EPS.
View Newmark Group's earnings history
.

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

Newmark Group announced a quarterly dividend on Monday, May 2nd. Stockholders of record on Monday, May 16th will be paid a dividend of $0.03 per share on Tuesday, May 31st. This represents a $0.12 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Friday, May 13th. This is a positive change from Newmark Group's previous quarterly dividend of $0.01.
View Newmark Group's dividend history
.

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%. Newmark Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Newmark Group is 3.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Newmark Group will have a dividend payout ratio of 5.85% next year. This indicates that Newmark Group will be able to sustain or increase its dividend.
View Newmark Group's dividend history.

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

Newmark Group issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.00 billion-$3.10 billion, compared to the consensus revenue estimate of $3.16 billion.

Who are Newmark Group's key executives?

Newmark Group's management team includes the following people:
  • Mr. Barry M. Gosin, Chief Exec. Officer (Age 71, Pay $12.61M)
  • Mr. Michael J. Rispoli CPA, Chief Financial Officer (Age 50, Pay $1.73M)
  • Mr. Stephen Marcus Merkel, Exec. VP, Chief Legal Officer & Assistant Corp. Sec. (Age 63, Pay $1.5M)
  • Mr. James D. Kuhn FRICS, Pres & Head of Investor Services
  • Mr. Sridhar Potineni, Chief Information Officer
  • Mr. Roger Ethan Anscher J.D., Chief Admin. Officer
  • Mr. Jason Edward Harbes, VP of Investor Relations
  • Mr. Jason A. McGruder, Head of Investor Relations
  • Ms. Karen Laureano-Rikardsen, Chief Marketing Officer & Chief Communications Officer
  • Mr. Joe Hudson, Chief HR Officer

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

68 employees have rated Newmark Group CEO Barry M. Gosin on Glassdoor.com. Barry M. Gosin has an approval rating of 54% among Newmark Group'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 BGC Partners (BGCP), 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?

(NMRK) raised $615 million in an initial public offering (IPO) on Friday, December 15th 2017. The company issued 30,000,000 shares at $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) served as the underwriters for the IPO and Sandler O’Neill + Partners, Raymond James, Regions Securities, CastleOak Securities and Wedbush Securities were co-managers.

What is Newmark Group's stock symbol?

Newmark Group trades on the NASDAQ under the ticker symbol "NMRK."

How do I buy shares of Newmark Group?

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

What is Newmark Group's stock price today?

One share of NMRK stock can currently be purchased for approximately $9.93.

How much money does Newmark Group make?

Newmark Group (NASDAQ:NMRK) has a market capitalization of $1.88 billion and generates $2.91 billion in revenue each year. The company earns $750.73 million in net income (profit) each year or $3.50 on an earnings per share basis.

How many employees does Newmark Group have?

Newmark Group employs 6,200 workers across the globe.

How can I contact Newmark Group?

Newmark Group's mailing address is 125 PARK AVENUE, NEW YORK NY, 10017. The official website for Newmark Group is www.ngkf.com. The company can be reached via phone at (121) 237-2200.

This page (NASDAQ:NMRK) was last updated on 7/6/2022 by MarketBeat.com Staff

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