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MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
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US targets oil and natural gas industry's role in global warming with new rule on methane emissions
US joins in other nations in swearing off coal power to clean the climate
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
US joins in other nations in swearing off coal power to clean the climate
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
US joins in other nations in swearing off coal power to clean the climate
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
US joins in other nations in swearing off coal power to clean the climate
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

Newmark Group Stock Price, News & Analysis (NASDAQ:NMRK)

$8.41
+0.18 (+2.19%)
(As of 12/1/2023 ET)
Compare
Today's Range
$8.12
$8.44
50-Day Range
$5.26
$8.41
52-Week Range
$5.07
$9.36
Volume
964,446 shs
Average Volume
965,610 shs
Market Capitalization
$1.45 billion
P/E Ratio
93.45
Dividend Yield
1.43%
Price Target
$7.44

Newmark Group MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
11.6% Downside
$7.44 Price Target
Short Interest
Healthy
2.54% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.61mentions of Newmark Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.85%
From $1.04 to $1.08 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars

Finance Sector

628th out of 875 stocks

Real Estate Agents & Managers Industry

8th out of 14 stocks


NMRK stock logo

About Newmark Group Stock (NASDAQ:NMRK)

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. It operated offices on various 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 Price History

NMRK Stock News Headlines

Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Newmark Publishes 2022 Corporate Responsibility Report
Newmark Group goes ex dividend tomorrow
Newmark Group (NASDAQ:NMRK) Will Pay A Dividend Of $0.03
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Q3 2023 Newmark Group Inc Earnings Call
Newmark Group Q3 Profit Falls, Projects Reduced Earnings In FY23
Newmark Group (NMRK) Q3 Earnings Miss Estimates
See More Headlines
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Company Calendar

Last Earnings
11/01/2023
Ex-Dividend for 12/6 Dividend
11/21/2023
Today
12/02/2023
Dividend Payable
12/06/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/15/2024

Industry, Sector and Symbol

Industry
Real estate agents & managers
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:NMRK
Fax
N/A
Employees
6,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.44
High Stock Price Target
$10.00
Low Stock Price Target
$6.25
Potential Upside/Downside
-11.6%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$83.28 million
Pretax Margin
1.70%

Debt

Sales & Book Value

Annual Sales
$2.71 billion
Cash Flow
$3.66 per share
Book Value
$8.68 per share

Miscellaneous

Free Float
117,777,000
Market Cap
$1.45 billion
Optionable
Optionable
Beta
1.89
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Key Executives

  • Mr. Howard W. LutnickMr. Howard W. Lutnick (Age 61)
    Executive Chairman & PEO
    Comp: $20M
  • Mr. Barry M. Gosin (Age 72)
    Chief Executive Officer
    Comp: $2.61M
  • Mr. Michael J. Rispoli CPA (Age 51)
    Chief Financial Officer
    Comp: $1.35M
  • Mr. Stephen Marcus Merkel (Age 64)
    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?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" NMRK shares.
View NMRK analyst ratings
or view top-rated stocks.

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

2 Wall Street research analysts have issued 1 year price objectives for Newmark Group's stock. Their NMRK share price targets range from $6.25 to $10.00. On average, they predict the company's share price to reach $7.44 in the next year. This suggests that the stock has a possible downside of 11.6%.
View analysts price targets for NMRK
or view top-rated stocks among Wall Street analysts.

How have NMRK shares performed in 2023?

Newmark Group's stock was trading at $7.97 at the beginning of 2023. Since then, NMRK stock has increased by 5.5% and is now trading at $8.41.
View the best growth stocks for 2023 here
.

When is Newmark Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our NMRK earnings forecast
.

How were Newmark Group's earnings last quarter?

Newmark Group, Inc. (NASDAQ:NMRK) announced its quarterly earnings results on Wednesday, November, 1st. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.30 by $0.03. The company had revenue of $616.30 million for the quarter, compared to the consensus estimate of $606.27 million. Newmark Group had a trailing twelve-month return on equity of 14.67% and a net margin of 0.66%. The firm's revenue was down 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.35 earnings per share.

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

Newmark Group announced a quarterly dividend on Tuesday, October 31st. Investors of record on Wednesday, November 22nd will be paid a dividend of $0.03 per share on Wednesday, December 6th. This represents a $0.12 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Tuesday, November 21st.
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 1.46%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 133.35%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NMRK will have a dividend payout ratio of 11.11% 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 First Trust Small Cap Value AlphaDEX Fund (FYT) and First Trust Small Cap Core AlphaDEX Fund (FYX).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

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

Newmark Group issued an update on its fourth quarter 2023 earnings guidance on Wednesday, November, 1st. The company provided earnings per share (EPS) guidance of $0.42-$0.49 for the period, compared to the consensus estimate of $0.30. The company issued revenue guidance of $692.00 million-$742.00 million, compared to the consensus revenue estimate of $660.90 million.

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 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.

Who are Newmark Group's major shareholders?

Newmark Group's stock is owned by a number of institutional and retail investors. Top institutional investors include River Road Asset Management LLC (2.33%), FMR LLC (2.11%), Fuller & Thaler Asset Management Inc. (1.36%), Leeward Investments LLC MA (1.10%), Charles Schwab Investment Management Inc. (1.09%) and American Century Companies Inc. (0.97%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:NMRK) was last updated on 12/2/2023 by MarketBeat.com Staff

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