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

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$8.38 -0.02 (-0.24 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$8.38
Today's Range$8.2251 - $8.52
52-Week Range$7.34 - $15.86
Volume1.41 million shs
Average Volume1.20 million shs
Market Capitalization$1.49 billion
P/E Ratio5.51
Dividend Yield4.29%
Beta1.13
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 Newmark Knight Frank name. 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 12, 2019, Newmark Group, Inc. operated approximately 430 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.

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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$2.05 billion
Cash Flow$2.7032 per share
Book Value$5.93 per share

Profitability

Net Income$106.73 million

Miscellaneous

Employees5,200
Market Cap$1.49 billion
Next Earnings Date5/9/2019 (Confirmed)
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 Wednesday, February 13th. Stockholders of record on Thursday, February 28th will be paid a dividend of $0.09 per share on Wednesday, March 13th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 4.30%. The ex-dividend date is Wednesday, February 27th. View Newmark Group's Dividend History.

How were Newmark Group's earnings last quarter?

Newmark Group Inc (NASDAQ:NMRK) posted its quarterly earnings data on Tuesday, February, 12th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.43 by $0.02. The firm had revenue of $631.70 million for the quarter, compared to analyst estimates of $591.66 million. Newmark Group had a return on equity of 47.34% and a net margin of 5.06%. Newmark Group's revenue was up 37.1% on a year-over-year basis. 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 Thursday, May 9th 2019. View Earnings Estimates for Newmark Group.

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

Newmark Group updated its FY19 earnings guidance on Tuesday, February, 12th. The company provided earnings per share (EPS) guidance of $1.55-1.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.62. The company issued revenue guidance of $2.2-2.3 billion, compared to the consensus revenue estimate of $2.19 billion.

What price target have analysts set for NMRK?

3 Wall Street analysts have issued 1 year target prices for Newmark Group's stock. Their forecasts range from $12.00 to $18.00. On average, they anticipate Newmark Group's share price to reach $15.3333 in the next year. This suggests a possible upside of 83.0% 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 been trending positive on Saturday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Newmark Group earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news articles about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days.

Are investors shorting Newmark Group?

Newmark Group saw a increase in short interest in March. As of March 15th, there was short interest totalling 4,086,231 shares, an increase of 120.6% from the February 28th total of 1,852,739 shares. Based on an average trading volume of 1,655,227 shares, the days-to-cover ratio is currently 2.5 days. Approximately 2.7% of the company's shares are short sold. View Newmark Group's Current Options Chain.

Who are some of Newmark Group's key competitors?

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 Cisco Systems (CSCO), Altria Group (MO), Verizon Communications (VZ), BGC Partners (BGCP), Alibaba Group (BABA), General Electric (GE), Johnson & Johnson (JNJ), Home Depot (HD), Honeywell International (HON) and Mcdonald's (MCD).

Who are Newmark Group's key executives?

Newmark Group's management team includes the folowing people:
  • Mr. Barry M. Gosin, Chief Exec. Officer (Age 68)
  • Mr. Michael J. Rispoli, Chief Financial Officer (Age 47)
  • Mr. James D. Kuhn, Pres
  • Mr. Raj Bhatti, Chief Information Officer
  • Ms. Alison Lewis, Chief Admin. Officer

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 $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 $8.38.

How big of a company is Newmark Group?

Newmark Group has a market capitalization of $1.49 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.

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:  247 (Vote Outperform)
Underperform Votes:  333 (Vote Underperform)
Total Votes:  580
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 4/20/2019 by MarketBeat.com Staff

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