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S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
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The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
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S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
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The #1 Energy Stock to Buy (Ad)
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Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
NASDAQ:NMRK

Newmark Group - NMRK Stock Forecast, Price & News

$8.71
+0.06 (+0.69%)
(As of 02/7/2023 12:00 AM ET)
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Compare
Today's Range
$8.28
$8.75
50-Day Range
$7.78
$9.08
52-Week Range
$7.41
$18.43
Volume
584,003 shs
Average Volume
839,020 shs
Market Capitalization
$1.50 billion
P/E Ratio
7.57
Dividend Yield
1.33%
Price Target
$11.25

Newmark Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
29.2% Upside
$11.25 Price Target
Short Interest
Healthy
1.78% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.64mentions of Newmark Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-10.67%
From $1.50 to $1.34 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Finance Sector

150th out of 861 stocks

Real Estate Agents & Managers Industry

2nd out of 14 stocks

NMRK stock logo

About Newmark Group (NASDAQ:NMRK) Stock

Newmark Group Inc. engages in the provision of commercial real estate services. It offers its services to commercial real estate tenants, investors, owners, occupiers, developers, leasing and corporate advisory, investment sales and real estate finance, consulting, origination and servicing of commercial mortgage loans, valuation, project and development management and property and facility management. The company was founded in 1929 and is headquartered in New York, NY.

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NMRK Stock News Headlines

Liz Hart to head North America leasing at Newmark
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Newmark Introduces National Single Family Rental Group
See why Orlando missed out on ACC's HQ relocation
See More Headlines
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NMRK Company Calendar

Last Earnings
11/05/2021
Ex-Dividend for 11/30 Dividend
11/09/2022
Dividend Payable
11/30/2022
Today
2/07/2023
Next Earnings (Confirmed)
2/16/2023
Fiscal Year End
12/31/2023

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

Price Target and Rating

Average Stock Price Forecast
$11.25
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+29.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$750.73 million
Pretax Margin
11.60%

Debt

Sales & Book Value

Annual Sales
$2.91 billion
Cash Flow
$3.20 per share
Book Value
$8.78 per share

Miscellaneous

Free Float
94,907,000
Market Cap
$1.50 billion
Optionable
Optionable
Beta
1.72

Key Executives

  • Barry M. Gosin
    Chief Executive Officer
  • James D. Kuhn
    President & Head-Investor Services
  • Michael J. Rispoli
    Chief Financial Officer
  • Sridhar Potineni
    Chief Information Officer
  • James T. Randolph
    Executive Vice President













NMRK Stock - Frequently Asked Questions

Should I buy or sell Newmark Group stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NMRK shares. 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 NMRK analyst ratings
or view top-rated stocks.

What is Newmark Group's stock price forecast for 2023?

4 brokerages have issued 1-year price objectives for Newmark Group's shares. Their NMRK share price forecasts range from $8.00 to $17.00. On average, they anticipate the company's share price to reach $11.25 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price.
View analysts price targets for NMRK
or view top-rated stocks among Wall Street analysts.

How have NMRK shares performed in 2023?

Newmark Group's stock was trading at $7.97 at the beginning of the year. Since then, NMRK stock has increased by 9.3% and is now trading at $8.71.
View the best growth stocks for 2023 here
.

When is Newmark Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our NMRK earnings forecast
.

How can I listen to Newmark Group's earnings call?

Newmark Group will be holding an earnings conference call on Thursday, February 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13735610".

How were Newmark Group's earnings last quarter?

Newmark Group, Inc. (NASDAQ:NMRK) issued its quarterly earnings data on Friday, November, 5th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.37 by $0.13. The business earned $788.13 million during the quarter, compared to the consensus estimate of $679.95 million. Newmark Group had a net margin of 7.34% and a trailing twelve-month return on equity of 27.92%. Newmark Group's revenue for the quarter was up 80.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.44 earnings per share.

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

Newmark Group announced a quarterly dividend on Friday, October 28th. Stockholders of record on Friday, November 11th will be paid a dividend of $0.03 per share on Wednesday, November 30th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Wednesday, November 9th.
Read our dividend analysis for NMRK
.

Is Newmark Group a good dividend stock?

Newmark Group (NASDAQ:NMRK) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.33%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMRK will have a dividend payout ratio of 8.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NMRK.

What is Barry M. Gosin's approval rating as Newmark Group's CEO?

68 employees have rated Newmark Group Chief Executive Officer Barry M. Gosin on Glassdoor.com. Barry M. Gosin has an approval rating of 54% among the company'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 (IPO) 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.

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 variety of retail and institutional investors. Top institutional investors include River Road Asset Management LLC (2.17%), Leeward Investments LLC MA (0.75%), Ceredex Value Advisors LLC (0.75%), New York State Common Retirement Fund (0.15%), Tranquility Partners LLC (0.07%) and Brinker Capital Investments LLC (0.05%).
View institutional ownership trends
.

How do I buy shares of Newmark Group?

Shares of NMRK stock 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 $8.71.

How much money does Newmark Group make?

Newmark Group (NASDAQ:NMRK) has a market capitalization of $1.50 billion and generates $2.91 billion in revenue each year. The company earns $750.73 million in net income (profit) each year or $1.15 on an earnings per share basis.

How many employees does Newmark Group have?

The company employs 6,200 workers across the globe.

How can I contact Newmark Group?

Newmark Group's mailing address is 125 PARK AVENUE, NEW YORK NY, 10017. The official website for the company is www.ngkf.com. The company can be reached via phone at (212) 372-2000.

This page (NASDAQ:NMRK) was last updated on 2/8/2023 by MarketBeat.com Staff