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NASDAQ:NMRK

Newmark Group (NMRK) Stock Price, News & Analysis

$12.73
+0.38 (+3.08%)
(As of 07/26/2024 ET)
Today's Range
$12.42
$12.76
50-Day Range
$9.84
$12.73
52-Week Range
$5.09
$12.76
Volume
1.01 million shs
Average Volume
1.03 million shs
Market Capitalization
$2.20 billion
P/E Ratio
57.87
Dividend Yield
0.94%
Price Target
$13.00

Newmark Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
2.1% Upside
$13.00 Price Target
Short Interest
Healthy
2.26% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.65mentions of Newmark Group in the last 14 days
Based on 9 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.

3.45 out of 5 stars

Finance Sector

311th out of 898 stocks

Real Estate Agents & Managers Industry

4th 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

Newmark Group (NASDAQ:NMRK) Reaches New 52-Week High at $12.39
JLL Sep 2024 180.000 call
Kiss of death from Joe Biden
I did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but they do not care.
Kiss of death from Joe Biden
I did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but they do not care.
Newmark to Participate in Upcoming Conferences
KBW Reaffirms Their Hold Rating on Newmark Group (NMRK)
Q1 2024 Newmark Group Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/03/2024
Ex-Dividend for 6/3 Dividend
5/16/2024
Dividend Payable
6/03/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$13.00
High Stock Price Target
$13.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+3.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$42.58 million
Pretax Margin
3.73%

Debt

Sales & Book Value

Annual Sales
$2.47 billion
Cash Flow
$3.13 per share
Book Value
$9.08 per share

Miscellaneous

Free Float
117,640,000
Market Cap
$2.16 billion
Optionable
Optionable
Beta
2.02
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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

How have NMRK shares performed this year?

Newmark Group's stock was trading at $10.96 at the beginning of 2024. Since then, NMRK stock has increased by 16.1% and is now trading at $12.73.
View the best growth stocks for 2024 here
.

How were Newmark Group's earnings last quarter?

Newmark Group, Inc. (NASDAQ:NMRK) posted its quarterly earnings results on Friday, May, 3rd. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by $0.01. Newmark Group's revenue for the quarter was up 4.9% compared to the same quarter last year.

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.

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 $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?

Top institutional shareholders of Newmark Group include Bank of New York Mellon Corp (1.19%), Leeward Investments LLC MA (1.11%), Assenagon Asset Management S.A. (0.41%) and Raymond James & Associates (0.24%).
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.

What other stocks do shareholders of Newmark Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Newmark Group investors own include BGC Group (BGCP), Verizon Communications (VZ), AT&T (T), Intel (INTC), AGNC Investment (AGNC), Medical Properties Trust (MPW) and AbbVie (ABBV).

This page (NASDAQ:NMRK) was last updated on 7/27/2024 by MarketBeat.com Staff

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