NASDAQ:NMRK Newmark Group - NMRK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $6.63 -0.23 (-3.35%) (As of 03/22/2023 11:59 AM ET) Add Compare Share Share Today's Range$6.63▼$6.8450-Day Range$6.66▼$9.0852-Week Range$6.62▼$16.50Volume176,159 shsAverage Volume875,614 shsMarket Capitalization$1.14 billionP/E Ratio14.41Dividend Yield1.81%Price Target$9.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Newmark Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside42.6% Upside$9.67 Price TargetShort InterestHealthy1.61% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.39Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth23.02%From $1.26 to $1.55 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.2.87 out of 5 starsFinance Sector192nd out of 872 stocksReal Estate Agents & Managers Industry1st out of 13 stocks 3.0 Analyst's Opinion Consensus RatingNewmark Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.67, Newmark Group has a forecasted upside of 42.6% from its current price of $6.78.Amount of Analyst CoverageNewmark Group has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.61% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Newmark Group has recently increased by 10.40%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldNewmark Group pays a meaningful dividend of 1.80%, 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 26.09%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Newmark Group will have a dividend payout ratio of 7.74% 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 1.3 News and Social Media Coverage News SentimentNewmark Group has a news sentiment score of 0.39. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Newmark Group this week, compared to 3 articles on an average week.Search InterestOnly 4 people have searched for NMRK on MarketBeat in the last 30 days. This is a decrease of -43% 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 Insiders44.77% 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 Institutions55.36% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Newmark Group are expected to grow by 23.02% in the coming year, from $1.26 to $1.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Newmark Group is 14.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Newmark Group is 14.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 138.25.Price to Book Value per Share RatioNewmark Group has a P/B Ratio of 0.76. 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 (NASDAQ:NMRK) StockNewmark Group Inc. engages in the provision of commercial real estate services. It offers its services to commercial real estate tenants, investors, owners, occupiers, developers, leasing and corporate advisory, investment sales and real estate finance, consulting, origination and servicing of commercial mortgage loans, valuation, project and development management and property and facility management. The company was founded in 1929 and is headquartered in New York, NY.Read More 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 NMRK Stock News HeadlinesMarch 17, 2023 | finance.yahoo.comNewmark Arranges $248M Refi Loan for The Iconic Biltmore Apartment TowerMarch 16, 2023 | bizjournals.comNational real estate firm Newmark moves into prominent Camelback office buildingMarch 22, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. 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Fortunately, there are a few key steps you can take to defend yourself …March 12, 2023 | americanbankingnews.comNewmark Group (NASDAQ:NMRK) Hits New 52-Week Low at $7.39March 10, 2023 | finance.yahoo.comNewmark Facilitates $90M Green Loan for GDSNY with Deutsche Pfandbriefbank AG at 1245 BroadwayMarch 10, 2023 | finance.yahoo.comNewmark Acquires Top UK-Based Real Estate Advisory Firm Gerald EveMarch 9, 2023 | bizjournals.comJack Fraker joins NewmarkMarch 8, 2023 | benzinga.comNewmark Hires Accomplished Industrial Expert Jack Fraker, Fortifying Global Capital Markets PracticeMarch 22, 2023 | Investing Daily (Ad)This Trade Strategy Outpaces Almost AnythingDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. March 6, 2023 | finance.yahoo.comNewmark Facilitates $240M Industrial Joint Venture Between DRA Advisors and Burton Katzman; and go forward Programmatic VentureFebruary 18, 2023 | seekingalpha.comNewmark Group, Inc. (NMRK) Q4 2022 Earnings Call TranscriptFebruary 16, 2023 | finance.yahoo.comNewmark Group (NMRK) Misses Q4 Earnings and Revenue EstimatesFebruary 16, 2023 | finanznachrichten.deNewmark Group, Inc.: Newmark Group Reports Fourth Quarter and Full Year 2022 Financial ResultsFebruary 16, 2023 | msn.comNewmark Group declares $0.03 dividendFebruary 16, 2023 | finance.yahoo.comNewmark Group Reports Fourth Quarter and Full Year 2022 Financial ResultsFebruary 15, 2023 | finanznachrichten.deNewmark Group, Inc.: Newmark Lands Leading U.S. Capital Markets TeamFebruary 15, 2023 | msn.comNewmark Group Earnings PreviewFebruary 15, 2023 | finance.yahoo.comNewmark Lands Leading U.S. Capital Markets TeamFebruary 9, 2023 | finance.yahoo.comEarnings Preview: Newmark Group (NMRK) Q4 Earnings Expected to DeclineFebruary 7, 2023 | finance.yahoo.comLiz Hart to head North America leasing at NewmarkFebruary 7, 2023 | finance.yahoo.comNewmark Names Elizabeth Hart President of Leasing for North AmericaFebruary 2, 2023 | finance.yahoo.comNewmark Global Corporate Services Secures Global Contract with Cybersecurity Firm, TrellixFebruary 1, 2023 | finance.yahoo.comNewmark Group's Fourth Quarter and Full Year 2022 Financial Results Announcement to be Issued Prior to Market Open on Thursday, February 16, 2023January 30, 2023 | finance.yahoo.comRedfin (RDFN) Moves 19.7% Higher: Will This Strength Last?January 27, 2023 | bizjournals.comExclusive: Newmark nabs David Baker from Transwestern for new office landlord divisionJanuary 25, 2023 | finance.yahoo.comNewmark Secures $400 Million Freddie Mac Tenant Advancement Commitment for Comunidad PartnersJanuary 19, 2023 | finance.yahoo.comCantor Fitzgerald Announces the Sale of Rivertop Apartments in Nashville, TennesseeSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 NMRK Company Calendar Last Earnings2/16/2023Ex-Dividend for 3/17 Dividend3/02/2023Dividend Payable3/17/2023Today3/22/2023Next Earnings (Estimated)5/05/2023Fiscal Year End12/31/2023Get 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/AEmployees6,200Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.67 High Stock Price Forecast$10.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+43.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio14.70 Forward P/E Ratio5.37 P/E GrowthN/ANet Income$83.28 million Net Margins3.19% Pretax Margin5.71% Return on Equity22.74% Return on Assets7.88% Debt Debt-to-Equity Ratio0.37 Current Ratio0.82 Quick Ratio0.82 Sales & Book Value Annual Sales$2.71 billion Price / Sales0.43 Cash Flow$3.63 per share Price / Cash Flow1.86 Book Value$8.87 per share Price / Book0.76Miscellaneous Outstanding Shares171,840,000Free Float94,907,000Market Cap$1.16 billion OptionableOptionable Beta1.71 Key ExecutivesBarry M. GosinChief Executive OfficerJames D. KuhnPresident & Head-Investor ServicesMichael J. RispoliChief Financial OfficerSridhar PotineniChief Information OfficerJames T. RandolphExecutive Vice PresidentKey CompetitorsMarcus & MillichapNYSE:MMIRedfinNASDAQ:RDFNAnywhere Real EstateNYSE:HOUSeXp WorldNASDAQ:EXPIRE/MAXNYSE:RMAXView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 54,976 shares on 2/21/2023Ownership: 0.241%Truist Financial CorpBought 45,838 shares on 2/17/2023Ownership: 0.036%Point72 Middle East FZEBought 17,356 shares on 2/16/2023Ownership: 0.010%Jane Street Group LLCSold 5,000 shares on 2/15/2023Ownership: 0.000%Mariner LLCSold 1,184 shares on 2/15/2023Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions NMRK Stock - Frequently Asked Questions Should I buy or sell Newmark Group stock right now? 3 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, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities 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 forecast for 2023? 3 analysts have issued 1 year target prices for Newmark Group's shares. Their NMRK share price forecasts range from $9.00 to $10.00. On average, they predict the company's stock price to reach $9.67 in the next year. This suggests a possible upside of 43.0% 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 2023? Newmark Group's stock was trading at $7.97 at the beginning of the year. Since then, NMRK stock has decreased by 15.2% and is now trading at $6.76. 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 Friday, May 5th 2023. View our NMRK earnings forecast. How were Newmark Group's earnings last quarter? Newmark Group, Inc. (NASDAQ:NMRK) released its quarterly earnings data on Thursday, February, 16th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.33 by $0.01. The firm earned $607.30 million during the quarter, compared to analysts' expectations of $670.56 million. Newmark Group had a trailing twelve-month return on equity of 22.74% and a net margin of 3.19%. The company's quarterly revenue was down 38.3% on a year-over-year basis. During the same period last year, the company posted $0.65 EPS. How often does Newmark Group pay dividends? What is the dividend yield for Newmark Group? Newmark Group declared a quarterly dividend on Wednesday, February 15th. Shareholders of record on Friday, March 3rd will be given a dividend of $0.03 per share on Friday, March 17th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date is Thursday, March 2nd. 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 MFAM Small-Cap Growth ETF (MFMS), First Trust Small Cap Value AlphaDEX Fund (FYT), Royce Quant Small-Cap Quality Value ETF (SQLV), Vanguard U.S. Quality Factor ETF (VFQY), First Trust Small Cap Core AlphaDEX Fund (FYX), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Fidelity MSCI Real Estate Index ETF (FREL) and Vanguard Real Estate ETF (VNQ). 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 1.80%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMRK will have a dividend payout ratio of 7.74% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NMRK. What guidance has Newmark Group issued on next quarter's earnings? Newmark Group issued an update on its first quarter 2023 earnings guidance on Monday, February, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $500.00 million-$550.00 million, compared to the consensus revenue estimate of $563.39 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 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. What is Newmark Group's stock symbol? Newmark Group trades on the NASDAQ under the ticker symbol "NMRK." Who are Newmark Group's major shareholders? Newmark Group's stock is owned by many different retail and institutional investors. Top institutional investors include Cardinal Capital Management LLC CT (2.73%), Dimensional Fund Advisors LP (2.33%), River Road Asset Management LLC (2.17%), Geode Capital Management LLC (1.66%), Fuller & Thaler Asset Management Inc. (1.38%) and Morgan Stanley (1.01%). 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. What is Newmark Group's stock price today? One share of NMRK stock can currently be purchased for approximately $6.76. How much money does Newmark Group make? Newmark Group (NASDAQ:NMRK) has a market capitalization of $1.16 billion and generates $2.71 billion in revenue each year. The company earns $83.28 million in net income (profit) each year or $0.46 on an earnings per share basis. How many employees does Newmark Group have? The company 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 the company is www.ngkf.com. The company can be reached via phone at (212) 372-2000. This page (NASDAQ:NMRK) was last updated on 3/22/2023 by MarketBeat.com Staff 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. 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