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

Sign in or create an account to add this stock to your watchlist.
$10.33 +0.10 (+0.98 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$10.33
Today's Range$10.17 - $10.50
52-Week Range$7.34 - $16.98
Volume832,916 shs
Average Volume1.50 million shs
Market Capitalization$1.58 billion
P/E Ratio8.98
Dividend Yield3.52%
BetaN/A
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 Berkeley Point and NKF Capital Markets names. The company's occupier services and products comprise tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration, and facilities management. It provides its services to commercial real estate tenants, owner-occupiers, investors, and developers. As of March 9, 2018, Newmark Group, Inc. operated approximately 400 offices in 6 continents. The company was formerly known as Newmark Knight Frank and changed its name to Newmark Group, Inc. in October 2017. The company was founded in 1929 and is headquartered in New York, New York.

Receive NMRK News and Ratings via Email

Sign-up to receive the latest news and ratings for NMRK and its competitors with MarketBeat's FREE daily newsletter.

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$1.60 billion
Cash Flow$2.3638 per share
Book Value$1.44 per share

Profitability

Net Income$144.49 million

Miscellaneous

Employees4,800
Market Cap$1.58 billion
OptionableOptionable

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 Friday, October 26th. Shareholders of record on Wednesday, November 7th will be given a dividend of $0.09 per share on Wednesday, November 28th. This represents a $0.36 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date is Tuesday, November 6th. View Newmark Group's Dividend History.

How were Newmark Group's earnings last quarter?

Newmark Group Inc (NASDAQ:NMRK) issued its earnings results on Thursday, October, 25th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.01. The company earned $518.81 million during the quarter, compared to analysts' expectations of $510.60 million. Newmark Group had a return on equity of 54.81% and a net margin of 2.28%. 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 Friday, February 8th 2019. View Earnings Estimates for Newmark Group.

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

Newmark Group updated its FY18 earnings guidance on Thursday, December, 20th. The company provided earnings per share (EPS) guidance of ~$1.45-1.53 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.50. The company issued revenue guidance of ~$1, compared to the consensus revenue estimate of $2.00 billion.

What price target have analysts set for NMRK?

3 Wall Street analysts have issued 1 year price targets for Newmark Group's stock. Their predictions range from $12.00 to $20.00. On average, they anticipate Newmark Group's stock price to reach $16.6667 in the next year. This suggests a possible upside of 61.3% 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?

Media headlines about NMRK stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Newmark Group earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave news stories about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the near future.

Are investors shorting Newmark Group?

Newmark Group saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 2,057,537 shares, a decline of 30.8% from the December 14th total of 2,975,133 shares. Based on an average daily volume of 1,925,794 shares, the short-interest ratio is currently 1.1 days. Approximately 0.7% of the shares of the stock are short sold. View Newmark Group's Current Options Chain.

Who are some of Newmark Group's key competitors?

Who are Newmark Group's key executives?

Newmark Group's management team includes the folowing people:
  • Mr. Barry M. Gosin, Chief Exec. Officer (Age 67)
  • Mr. Michael J. Rispoli, Chief Financial Officer (Age 46)
  • Mr. James R. Ficarro, Chief Operating Officer (Age 58)
  • Mr. James D. Kuhn, Pres
  • Mr. Raj Bhatti, Chief Information Officer

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) acted as the underwriters for the IPO and Sandler O’Neill + Partners, Raymond James, Regions Securities, CastleOak Securities and Wedbush Securities were co-managers.

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, Scottrade, Fidelity and Charles Schwab.

What is Newmark Group's stock price today?

One share of NMRK stock can currently be purchased for approximately $10.33.

How big of a company is Newmark Group?

Newmark Group has a market capitalization of $1.58 billion and generates $1.60 billion in revenue each year. The company earns $144.49 million in net income (profit) each year or $1.15 on an earnings per share basis. Newmark Group employs 4,800 workers across the globe.

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:  204 (Vote Outperform)
Underperform Votes:  275 (Vote Underperform)
Total Votes:  479
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 1/19/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel