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

$12.79
-0.17 (-1.31 %)
(As of 11/22/2019 04:00 PM ET)
Today's Range
$12.77
Now: $12.79
$13.07
50-Day Range
$8.54
MA: $10.52
$13.01
52-Week Range
$7.02
Now: $12.79
$13.07
Volume599,326 shs
Average Volume980,287 shs
Market Capitalization$2.30 billion
P/E Ratio8.41
Dividend Yield3.09%
Beta1.3
Newmark Group, Inc provides commercial real estate services in the United States and internationally. Its investor/owner services and products include capital markets, such as investment sales; and agency leasing, property management, valuation and advisory, and diligence and underwriting, as well as government sponsored enterprise lending, loan servicing, debt and structured finance, and loan sales under the Newmark Knight Frank name. Read More…

Industry, Sector and Symbol

Industry Real estate agents & managers
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:NMRK
CUSIPN/A
Phone212-372-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.05 billion
Cash Flow$2.82 per share
Book Value$5.44 per share

Profitability

Net Income$106.73 million

Miscellaneous

Employees5,200
Market Cap$2.30 billion
Next Earnings Date2/11/2020 (Estimated)
OptionableOptionable

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Newmark Group (NASDAQ:NMRK) Frequently Asked Questions

What is Newmark Group's stock symbol?

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

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

Newmark Group declared a quarterly dividend on Tuesday, October 29th. Stockholders of record on Tuesday, November 19th will be given a dividend of $0.10 per share on Friday, December 6th. This represents a $0.40 annualized dividend and a dividend yield of 3.13%. The ex-dividend date of this dividend is Monday, November 18th. View Newmark Group's Dividend History.

How were Newmark Group's earnings last quarter?

Newmark Group Inc (NASDAQ:NMRK) posted its quarterly earnings results on Wednesday, October, 30th. The company reported $0.60 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.03. The firm earned $586.63 million during the quarter, compared to analyst estimates of $565.52 million. Newmark Group had a net margin of 6.44% and a return on equity of 41.01%. Newmark Group's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.58 earnings per share. View Newmark Group's Earnings History.

When is Newmark Group's next earnings date?

Newmark Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Newmark Group.

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

Newmark Group updated its FY19 earnings guidance on Wednesday, October, 30th. The company provided earnings per share guidance of $1.62-1.68 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.65. The company issued revenue guidance of $2.225-2.275 billion, compared to the consensus revenue estimate of $2.25 billion.

What price target have analysts set for NMRK?

3 Wall Street analysts have issued 1 year target prices for Newmark Group's shares. Their forecasts range from $14.00 to $16.00. On average, they anticipate Newmark Group's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Newmark Group.

What is the consensus analysts' recommendation for Newmark Group?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Newmark Group.

Has Newmark Group been receiving favorable news coverage?

Press coverage about NMRK stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Newmark Group earned a news sentiment score of -1.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Newmark Group.

Are investors shorting Newmark Group?

Newmark Group saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,930,000 shares, a decrease of 9.6% from the September 30th total of 3,240,000 shares. Based on an average daily trading volume, of 796,400 shares, the days-to-cover ratio is presently 3.7 days. Approximately 2.0% of the shares of the stock are sold short. View Newmark Group's Current Options Chain.

Who are some of Newmark Group's key competitors?

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), Alibaba Group (BABA), General Electric (GE), AT&T (T), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Home Depot (HD), Advanced Micro Devices (AMD) and NVIDIA (NVDA).

Who are Newmark Group's key executives?

Newmark Group's management team includes the folowing people:
  • Mr. Barry M. Gosin, Chief Exec. Officer (Age 68)
  • Mr. Michael J. Rispoli, Chief Financial Officer (Age 47)
  • Mr. James D. Kuhn, Pres
  • Mr. Raj Bhatti, Chief Information Officer
  • Ms. Alison Lewis, Chief Admin. Officer

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) 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?

Newmark Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Systematic Financial Management LP (0.93%), River Road Asset Management LLC (0.62%), Peregrine Capital Management LLC (0.36%), Alberta Investment Management Corp (0.18%), California Public Employees Retirement System (0.17%) and Russell Investments Group Ltd. (0.12%). Company insiders that own Newmark Group stock include Barry M Gosin and Virginia S Bauer. View Institutional Ownership Trends for Newmark Group.

Which institutional investors are selling Newmark Group stock?

NMRK stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Yorktown Management & Research Co Inc, Bowling Portfolio Management LLC, Envestnet Asset Management Inc. and LaSalle Street Capital Management LLC. View Insider Buying and Selling for Newmark Group.

Which institutional investors are buying Newmark Group stock?

NMRK stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, River Road Asset Management LLC, Altman Advisors Inc., Gradient Investments LLC, Alberta Investment Management Corp, California Public Employees Retirement System, Systematic Financial Management LP and Russell Investments Group Ltd.. Company insiders that have bought Newmark Group stock in the last two years include Barry M Gosin and Virginia S Bauer. View Insider Buying and Selling for Newmark Group.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Newmark Group's stock price today?

One share of NMRK stock can currently be purchased for approximately $12.79.

How big of a company is Newmark Group?

Newmark Group has a market capitalization of $2.30 billion and generates $2.05 billion in revenue each year. The company earns $106.73 million in net income (profit) each year or $1.52 on an earnings per share basis. Newmark Group employs 5,200 workers across the globe.View Additional Information About Newmark Group.

What is Newmark Group's official website?

The official website for Newmark Group is http://www.ngkf.com/.

How can I contact Newmark Group?

Newmark Group's mailing address is 125 PARK AVENUE, NEW YORK NY, 10017. The company can be reached via phone at 212-372-2000.


MarketBeat Community Rating for Newmark Group (NASDAQ NMRK)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  297 (Vote Outperform)
Underperform Votes:  399 (Vote Underperform)
Total Votes:  696
MarketBeat's community ratings are surveys of what our community members think about Newmark Group and other stocks. Vote "Outperform" if you believe NMRK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NMRK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/22/2019 by MarketBeat.com Staff

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