NASDAQ:NMRK - Newmark Group Stock Price, Forecast & News

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

Newmark Group announced a quarterly dividend on Tuesday, October 29th. Shareholders of record on Tuesday, November 19th will be paid a dividend of $0.10 per share on Friday, December 6th. This represents a $0.40 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date of this dividend is Monday, November 18th. View Newmark Group's Dividend History.

Newmark Group Inc (NASDAQ:NMRK) released its quarterly earnings data on Wednesday, October, 30th. The company reported $0.60 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.57 by $0.03. The company had revenue of $586.63 million for 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 quarter last year, the firm earned $0.58 EPS. View Newmark Group's Earnings History.

Newmark Group is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Newmark Group.

Newmark Group will be holding an earnings conference call on Thursday, February 13th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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 EPS 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.

3 equities research analysts have issued 1 year price objectives for Newmark Group's shares. Their forecasts range from $14.00 to $16.00. On average, they expect Newmark Group's stock price to reach $15.00 in the next year. This suggests a possible upside of 25.8% from the stock's current price. View Analyst Price Targets 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.

News headlines about NMRK stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Newmark Group earned a news impact score of 2.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Newmark Group.

Newmark Group saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,750,000 shares, an increase of 14.1% from the December 15th total of 2,410,000 shares. Based on an average daily volume of 848,500 shares, the short-interest ratio is presently 3.2 days. Approximately 1.8% of the shares of the company are short sold. View Newmark Group's Current Options Chain.

Some companies that are related to Newmark Group include Marriott Vacations Worldwide (VAC), Redfin (RDFN), Marcus & Millichap (MMI), Realogy (RLGY), eXp World (EXPI), Bluegreen Vacations (BXG), Re/Max (RMAX), MDJM (MDJH) and Novation Companies (NOVC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Newmark Group investors own include BGC Partners (BGCP), Verizon Communications (VZ), Cisco Systems (CSCO), Alibaba Group (BABA), General Electric (GE), AT&T (T), Altria Group (MO), Walt Disney (DIS), NVIDIA (NVDA) and Johnson & Johnson (JNJ).

(NMRK) raised $615 million in an 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.

Newmark Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.35%), Advisors Capital Management LLC (0.20%), Altman Advisors Inc. (0.07%), Rothschild Investment Corp IL (0.06%), Strs Ohio (0.04%) and Bowling Portfolio Management LLC (0.04%). Company insiders that own Newmark Group stock include Barry M Gosin and Virginia S Bauer. View Institutional Ownership Trends for Newmark Group.

NMRK stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Zurcher Kantonalbank Zurich Cantonalbank , Altman Advisors Inc., Peregrine Capital Management LLC, Advisors Capital Management LLC and Archford Capital Strategies LLC. View Insider Buying and Selling for Newmark Group.

NMRK stock was purchased by a variety of institutional investors in the last quarter, including Rothschild Investment Corp IL, Strs Ohio, Buckley Wealth Management LLC, Diversified Trust Co, Raymond James Trust N.A. and NEXT Financial Group Inc. 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.

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.

One share of NMRK stock can currently be purchased for approximately $11.92.

Newmark Group has a market capitalization of $2.14 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.

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

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