Positive News SentimentPositive News Newmark Group Stock Price, News & Analysis (NASDAQ:NMRK) $8.41 +0.18 (+2.19%) (As of 12/1/2023 ET) Add Compare Share Share Today's Range$8.12▼$8.4450-Day Range$5.26▼$8.4152-Week Range$5.07▼$9.36Volume964,446 shsAverage Volume965,610 shsMarket Capitalization$1.45 billionP/E Ratio93.45Dividend Yield1.43%Price Target$7.44 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Newmark Group MarketRank™ Stock AnalysisAnalyst RatingReduce1.50 Rating ScoreUpside/Downside11.6% Downside$7.44 Price TargetShort InterestHealthy2.54% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.61Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth3.85%From $1.04 to $1.08 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector628th out of 875 stocksReal Estate Agents & Managers Industry8th out of 14 stocks 0.8 Analyst's Opinion Consensus RatingNewmark Group has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.44, Newmark Group has a forecasted downside of 11.6% from its current price of $8.41.Amount of Analyst CoverageNewmark Group has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.54% of the float of Newmark Group has been sold short.Short Interest Ratio / Days to CoverNewmark Group has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Newmark Group has recently decreased by 0.84%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldNewmark Group pays a meaningful dividend of 1.46%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNewmark Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Newmark Group is 133.35%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Newmark Group will have a dividend payout ratio of 11.11% next year. This indicates that Newmark Group will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NMRK. Previous Next 3.1 News and Social Media Coverage News SentimentNewmark Group has a news sentiment score of 1.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Newmark Group this week, compared to 3 articles on an average week.Search Interest2 people have searched for NMRK on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Newmark Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Newmark Group insiders have not sold or bought any company stock.Percentage Held by Insiders31.80% of the stock of Newmark Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions53.82% of the stock of Newmark Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Newmark Group are expected to grow by 3.85% in the coming year, from $1.04 to $1.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Newmark Group is 93.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Newmark Group is 93.45, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 33.02.Price to Book Value per Share RatioNewmark Group has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More NMRK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NMRK Stock News HeadlinesDecember 1, 2023 | finance.yahoo.comNewmark’s Incoming President of Multifamily Financing Shares Her PlansNovember 29, 2023 | finance.yahoo.comHawthorne Country Day School Takes 35K SF at The Woolworth BuildingDecember 2, 2023 | Wealthpress (Ad)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.November 21, 2023 | finance.yahoo.comNewmark Publishes 2022 Corporate Responsibility ReportNovember 20, 2023 | msn.comNewmark Group goes ex dividend tomorrowNovember 20, 2023 | finance.yahoo.comUPDATE 3-Blackstone frontrunner in Signature Bank commercial-property loan sale- Bloomberg NewsNovember 13, 2023 | finance.yahoo.comNewmark Names Sharon Karaffa as President, Multifamily Debt & Structured FinanceNovember 4, 2023 | finance.yahoo.comNewmark Group (NASDAQ:NMRK) Will Pay A Dividend Of $0.03December 2, 2023 | Wealthpress (Ad)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.November 3, 2023 | finance.yahoo.comPrologis Acquires 50-Acre Site for Industrial Park Outside DCNovember 2, 2023 | finance.yahoo.comNewmark Group, Inc. (NASDAQ:NMRK) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | finance.yahoo.comQ3 2023 Newmark Group Inc Earnings CallNovember 1, 2023 | finance.yahoo.comNewmark Facilitates Sale of 2.2 Million-Square-Foot Mixed-Use Corporate Campus in Dallas/Fort WorthNovember 1, 2023 | marketwatch.comNewmark Group Shares Rise 12% as Adj EPS Guidance Tops EstimatesNovember 1, 2023 | markets.businessinsider.comNewmark Group Q3 Profit Falls, Projects Reduced Earnings In FY23November 1, 2023 | finance.yahoo.comNewmark Group (NMRK) Q3 Earnings Miss EstimatesNovember 1, 2023 | finance.yahoo.comNewmark Group Inc (NMRK) Reports Q3 2023 Financial ResultsNovember 1, 2023 | seekingalpha.comNewmark Group, Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 1, 2023 | finanznachrichten.deNewmark Group, Inc.: Newmark Group Reports Third Quarter 2023 Financial ResultsNovember 1, 2023 | finance.yahoo.comNewmark Group Reports Third Quarter 2023 Financial ResultsOctober 25, 2023 | finance.yahoo.comEarnings Preview: Newmark Group (NMRK) Q3 Earnings Expected to DeclineOctober 18, 2023 | finance.yahoo.comHigh-End Audio Retailer Bang & Olufsen Relocating Midtown OutpostOctober 12, 2023 | finance.yahoo.comWith A 3.0% Return On Equity, Is Newmark Group, Inc. (NASDAQ:NMRK) A Quality Stock?October 5, 2023 | msn.comRaymond James Downgrades Newmark Group Inc - (NMRK)October 3, 2023 | finance.yahoo.comNewmark Group's Third Quarter 2023 Financial Results Announcement to be Issued Prior to Market Open on Wednesday, November 1, 2023September 27, 2023 | finance.yahoo.comUnveiling Newmark Group (NMRK)'s True Worth: Is It Really Priced Right?September 25, 2023 | msn.comNewmark Group: Spotlight On Positive DevelopmentsSee More Headlines Receive NMRK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Newmark Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/01/2023Ex-Dividend for 12/6 Dividend11/21/2023Today12/02/2023Dividend Payable12/06/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/15/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate agents & managers Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:NMRK CUSIPN/A CIK1690680 Webwww.ngkf.com Phone(212) 372-2000FaxN/AEmployees6,300Year FoundedN/APrice 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 RatingReduce Rating Score (0-4)1.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.09 Trailing P/E Ratio93.45 Forward P/E Ratio8.09 P/E GrowthN/ANet Income$83.28 million Net Margins0.66% Pretax Margin1.70% Return on Equity14.67% Return on Assets4.98% Debt Debt-to-Equity Ratio0.41 Current Ratio0.52 Quick Ratio0.52 Sales & Book Value Annual Sales$2.71 billion Price / Sales0.54 Cash Flow$3.66 per share Price / Cash Flow2.30 Book Value$8.68 per share Price / Book0.97Miscellaneous Outstanding Shares172,690,000Free Float117,777,000Market Cap$1.45 billion OptionableOptionable Beta1.89 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Howard W. Lutnick (Age 61)Executive Chairman & PEO Comp: $20MMr. Barry M. Gosin (Age 72)Chief Executive Officer Comp: $2.61MMr. Michael J. Rispoli CPA (Age 51)Chief Financial Officer Comp: $1.35MMr. Stephen Marcus Merkel (Age 64)Executive VP, Chief Legal Officer & Assistant Corporate Secretary Comp: $1.5MMr. James D. Kuhn FRICSPresident & Head of Investor ServicesMr. Sridhar PotineniChief Information OfficerMr. Roger Ethan Anscher J.D.Chief Administrative OfficerMr. Jason A. McGruderHead of Investor RelationsMs. Angie LecceseChief Marketing OfficerMs. Karen MitchellChief Human Resources OfficerMore ExecutivesKey CompetitorsMarcus & MillichapNYSE:MMIeXp WorldNASDAQ:EXPIRedfinNASDAQ:RDFNAnywhere Real EstateNYSE:HOUSTrustmarkNASDAQ:TRMKView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Bought 1,344,514 shares on 11/30/2023Ownership: 0.968%Deutsche Bank AGBought 2,293 shares on 11/24/2023Ownership: 0.038%Graham Capital Management L.P.Bought 14,860 shares on 11/22/2023Ownership: 0.009%Comerica BankSold 307,654 shares on 11/21/2023Ownership: 0.051%Evergreen Capital Management LLCBought 1,455 shares on 11/15/2023Ownership: 0.008%View All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Newmark Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.