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

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

Newmark Group announced a quarterly dividend on Wednesday, July 31st. Shareholders of record on Tuesday, August 20th will be paid a dividend of $0.10 per share on Thursday, September 5th. This represents a $0.40 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date of this dividend is Monday, August 19th. View Newmark Group's Dividend History.

Newmark Group Inc (NASDAQ:NMRK) announced its quarterly earnings results on Thursday, August, 1st. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.02. The business had revenue of $551.50 million for the quarter, compared to analysts' expectations of $513.63 million. Newmark Group had a return on equity of 40.30% and a net margin of 5.69%. The company's revenue was up 18.2% compared to the same quarter last year. View Newmark Group's Earnings History.

Newmark Group is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Newmark Group.

Newmark Group will be holding an earnings conference call on Wednesday, October 30th 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 Thursday, August, 1st. The company provided earnings per share (EPS) guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.65. The company issued revenue guidance of $2.2-2.3 billion, compared to the consensus revenue estimate of $2.21 billion.

4 brokers have issued 12 month price objectives for Newmark Group's stock. Their predictions range from $14.00 to $18.00. On average, they expect Newmark Group's stock price to reach $15.75 in the next twelve months. This suggests a possible upside of 66.7% from the stock's current price. View Analyst Price Targets for Newmark Group.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Newmark Group.

Headlines about NMRK stock have been trending somewhat negative on Saturday, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. 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 media sentiment score of -1.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Newmark Group.

Newmark Group saw a decrease in short interest in September. As of September 30th, there was short interest totalling 3,250,000 shares, a decrease of 29.3% from the August 30th total of 4,600,000 shares. Based on an average trading volume of 761,500 shares, the short-interest ratio is currently 4.3 days. Currently, 2.2% of the company's stock 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), Bluegreen Vacations (BXG), Re/Max (RMAX), eXp World (EXPI), 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), General Electric (GE), Cisco Systems (CSCO), Alibaba Group (BABA), AT&T (T), Home Depot (HD), Johnson & Johnson (JNJ), Altria Group (MO) and NVIDIA (NVDA).

(NMRK) raised $615 million in an initial public offering 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 many different of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.36%), Altman Advisors Inc. (0.08%), Bowling Portfolio Management LLC (0.07%), Gradient Investments LLC (0.07%), Assenagon Asset Management S.A. (0.06%) and Envestnet Asset Management Inc. (0.03%). 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 Assenagon Asset Management S.A., Bowling Portfolio Management LLC and Envestnet Asset Management Inc.. View Insider Buying and Selling for Newmark Group.

NMRK stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Altman Advisors Inc., Gradient Investments LLC, Nisa Investment Advisors LLC, Diversified Trust Co, Regent Investment Management LLC, Denali Advisors LLC and Robeco Institutional Asset Management B.V.. 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 $9.45.

Newmark Group has a market capitalization of $1.68 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.