S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:NMRK

Newmark Group (NMRK) Stock Forecast, Price & News

$10.73
-0.38 (-3.42%)
(As of 05/20/2022 04:00 PM ET)
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Today's Range
$10.51
$11.36
50-Day Range
$10.73
$16.43
52-Week Range
$10.51
$19.10
Volume
1.40 million shs
Average Volume
2.03 million shs
Market Capitalization
$2.03 billion
P/E Ratio
3.07
Dividend Yield
1.08%
Beta
1.77
30 days | 90 days | 365 days | Advanced Chart
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Newmark Group logo

About Newmark Group

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. As of December 31, 2021, it operated approximately 160 offices on four 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.

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Industry, Sector and Symbol

Industry
Real estate agents & managers
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:NMRK
Fax
N/A
Employees
6,200
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.91 billion
Cash Flow
$3.19 per share
Book Value
$8.56 per share

Profitability

Net Income
$750.73 million
Pretax Margin
38.00%

Debt

Price-To-Earnings

Miscellaneous

Free Float
137,826,000
Market Cap
$2.03 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2022
Dividend Payable
3/15/2022
Last Earnings
4/29/2022
Ex-Dividend for 5/31 Dividend
5/13/2022
Today
5/21/2022
Dividend Payable
5/31/2022
Next Earnings (Estimated)
8/05/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

3.48 out of 5 stars

Finance Sector

21st out of 1,351 stocks

Real Estate Agents & Managers Industry

1st out of 17 stocks

Analyst Opinion: 3.1Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 4.2Valuation: 3.8 5 -4 -3 -2 -1 -













Newmark Group (NASDAQ:NMRK) Frequently Asked Questions

Is Newmark Group a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Newmark Group stock. 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 analyst ratings for Newmark Group
or view top-rated stocks.

Are investors shorting Newmark Group?

Newmark Group saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 5,670,000 shares, an increase of 22.7% from the April 15th total of 4,620,000 shares. Based on an average trading volume of 1,570,000 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.7% of the shares of the company are short sold.
View Newmark Group's Short Interest
.

When is Newmark Group's next earnings date?

Newmark Group is scheduled to release its next quarterly earnings announcement on Friday, August 5th 2022.
View our earnings forecast for Newmark Group
.

How were Newmark Group's earnings last quarter?

Newmark Group, Inc. (NASDAQ:NMRK) announced its earnings results on Friday, April, 29th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.12. The business earned $678.20 million during the quarter, compared to the consensus estimate of $652.97 million. Newmark Group had a trailing twelve-month return on equity of 30.23% and a net margin of 23.31%. The company's revenue was up 34.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.20 earnings per share.
View Newmark Group's earnings history
.

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

Newmark Group announced a quarterly dividend on Monday, May 2nd. Stockholders of record on Monday, May 16th will be paid a dividend of $0.03 per share on Tuesday, May 31st. This represents a $0.12 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend is Friday, May 13th. This is a positive change from Newmark Group's previous quarterly dividend of $0.01.
View Newmark Group's dividend history
.

Is Newmark Group a good dividend stock?

Newmark Group pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.08%. Newmark Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Newmark Group is 3.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Newmark Group will have a dividend payout ratio of 5.85% next year. This indicates that Newmark Group will be able to sustain or increase its dividend.
View Newmark Group's dividend history.

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

Newmark Group updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.00 billion-$3.10 billion, compared to the consensus revenue estimate of $3.16 billion.

What price target have analysts set for NMRK?

4 equities research analysts have issued twelve-month price targets for Newmark Group's stock. Their forecasts range from $15.00 to $18.00. On average, they expect Newmark Group's share price to reach $17.00 in the next year. This suggests a possible upside of 58.4% from the stock's current price.
View analysts' price targets for Newmark Group
or view top-rated stocks among Wall Street analysts.

Who are Newmark Group's key executives?
Newmark Group's management team includes the following people:
  • Mr. Barry M. Gosin, Chief Exec. Officer (Age 71, Pay $8.73M)
  • Mr. Michael J. Rispoli CPA, Chief Financial Officer (Age 50, Pay $1.01M)
  • Mr. Stephen Marcus Merkel, Exec. VP, Chief Legal Officer & Assistant Corp. Sec. (Age 63, Pay $1.03M)
  • Mr. James D. Kuhn FRICS, Pres & Head of Investor Services
  • Mr. Sridhar Potineni, Chief Information Officer
  • Mr. Roger Ethan Anscher J.D., Chief Admin. Officer
  • Mr. Jason Edward Harbes, VP of Investor Relations
  • Mr. Jason A. McGruder, Head of Investor Relations
  • Mr. Joe Hudson, Chief HR Officer
  • Mr. Luis Alvarado, Chief Revenue Officer & East Region Market Leader
What is Barry M. Gosin's approval rating as Newmark Group's CEO?

68 employees have rated Newmark Group CEO Barry M. Gosin on Glassdoor.com. Barry M. Gosin has an approval rating of 54% among Newmark Group'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 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) served 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.87%), BlackRock Inc. (5.85%), Cardinal Capital Management LLC CT (2.63%), State Street Corp (1.73%), Dimensional Fund Advisors LP (1.56%) and Fuller & Thaler Asset Management Inc. (1.15%).
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 Royal Bank of Canada, Bank of New York Mellon Corp, Cardinal Capital Management LLC CT, American Century Companies Inc., Paulson & CO. Inc., Granahan Investment Management LLC, Wellington Management Group LLP, and Arrowstreet Capital Limited Partnership.
View insider buying and selling activity for Newmark Group
or view top insider-selling stocks.

Which institutional investors are buying Newmark Group stock?

NMRK stock was acquired by a variety of institutional investors in the last quarter, including Leeward Investments LLC MA, Vanguard Group Inc., Fuller & Thaler Asset Management Inc., Goldman Sachs Group Inc., Lazard Asset Management LLC, Jane Street Group LLC, Dimensional Fund Advisors LP, and State Street Corp.
View insider buying and selling activity for Newmark Group
or or view top insider-buying stocks.

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 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 $10.73.

How much money does Newmark Group make?

Newmark Group has a market capitalization of $2.03 billion and generates $2.91 billion in revenue each year. The company earns $750.73 million in net income (profit) each year or $3.50 on an earnings per share basis.

How many employees does Newmark Group have?

Newmark Group employs 6,200 workers across the globe.

What is Newmark Group's official website?

The official website for Newmark Group is 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 (121) 237-2200.

This page was last updated on 5/21/2022 by MarketBeat.com Staff

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