NASDAQ:NMRK

Newmark Group Stock Forecast, Price & News

$13.52
+0.06 (+0.45 %)
(As of 09/17/2021 12:00 AM ET)
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Today's Range
$13.33
$13.66
50-Day Range
$11.14
$13.96
52-Week Range
$4.02
$14.16
Volume2.09 million shs
Average Volume843,796 shs
Market Capitalization$2.64 billion
P/E Ratio5.10
Dividend Yield0.30%
Beta1.88
30 days | 90 days | 365 days | Advanced Chart
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Newmark Group logo

About Newmark Group

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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Sales & Book Value

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Miscellaneous


MarketRank

Overall MarketRank

2.91 out of 5 stars

Finance Sector

47th out of 1,330 stocks

Real Estate Agents & Managers Industry

1st out of 15 stocks

Analyst Opinion: 3.4Community Rank: 3.9Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -
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Newmark Group (NASDAQ:NMRK) Frequently Asked Questions

Is Newmark Group a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Newmark Group stock.
View analyst ratings for Newmark Group
or view top-rated stocks.

What stocks does MarketBeat like better than Newmark Group?

Wall Street analysts have given Newmark Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Newmark Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Newmark Group?

Newmark Group saw a increase in short interest during the month of August. As of August 13th, there was short interest totaling 2,340,000 shares, an increase of 13.0% from the July 29th total of 2,070,000 shares. Based on an average trading volume of 784,900 shares, the days-to-cover ratio is presently 3.0 days. Approximately 1.5% of the shares of the company are sold short.
View Newmark Group's Short Interest
.

When is Newmark Group's next earnings date?

Newmark Group is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Newmark Group
.

How were Newmark Group's earnings last quarter?

Newmark Group, Inc. (NASDAQ:NMRK) announced its quarterly earnings data on Friday, August, 6th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.22 by $0.09. The firm earned $629.87 million during the quarter, compared to analysts' expectations of $551.93 million. Newmark Group had a trailing twelve-month return on equity of 32.63% and a net margin of 25.07%.
View Newmark Group's earnings history
.

How has Newmark Group's stock price been impacted by Coronavirus?

Newmark Group's stock was trading at $7.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NMRK stock has increased by 92.9% and is now trading at $13.52.
View which stocks have been most impacted by COVID-19
.

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

Newmark Group declared a quarterly dividend on Monday, August 9th. Investors of record on Friday, August 20th will be given a dividend of $0.01 per share on Tuesday, September 7th. This represents a $0.04 annualized dividend and a yield of 0.30%. The ex-dividend date is Thursday, August 19th.
View Newmark Group's dividend history
.

Is Newmark Group a good dividend stock?

Newmark Group pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.30%. The dividend payout ratio of Newmark Group is 4.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Newmark Group will have a dividend payout ratio of 2.61% next year. This indicates that Newmark Group will be able to sustain or increase its dividend.
View Newmark Group's dividend history.

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

Newmark Group updated its FY 2021 earnings guidance on Friday, September, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.40 billion-$2.50 billion, compared to the consensus revenue estimate of $2.36 billion.

What price target have analysts set for NMRK?

6 Wall Street analysts have issued 1-year price objectives for Newmark Group's shares. Their forecasts range from $11.00 to $22.00. On average, they anticipate Newmark Group's share price to reach $17.00 in the next year. This suggests a possible upside of 25.7% from the stock's current price.
View analysts' price targets for Newmark Group
or view top-rated stocks among Wall Street analysts.

Who are Newmark Group's key executives?

Newmark Group's management team includes the following people:
  • 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

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

68 employees have rated Newmark Group CEO Barry M. Gosin on Glassdoor.com. Barry M. Gosin has an approval rating of 54% among Newmark Group's employees. This puts Barry M. Gosin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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 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 $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) served 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 Vanguard Group Inc. (12.40%), BlackRock Inc. (7.23%), Cardinal Capital Management LLC CT (3.20%), FMR LLC (2.77%), Geode Capital Management LLC (1.95%) and Bank of New York Mellon Corp (1.80%).
View institutional ownership trends for Newmark Group
.

Which major investors are selling Newmark Group stock?

NMRK stock was sold by a variety of institutional investors in the last quarter, including Birch Run Capital Advisors LP, Brown Brothers Harriman & Co., Bridgeway Capital Management LLC, Susquehanna International Group LLP, JPMorgan Chase & Co., Group One Trading L.P., Royal Bank of Canada, and Goldman Sachs Group Inc..
View insider buying and selling activity for Newmark Group
or view top insider-selling stocks.

Which major investors are buying Newmark Group stock?

NMRK stock was acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., Vanguard Group Inc., BlackRock Inc., Morgan Stanley, Morgan Stanley, FMR LLC, Cardinal Capital Management LLC CT, and Federated Hermes Inc..
View insider buying and selling activity for Newmark Group
or or view top insider-buying stocks.

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 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 $13.52.

How much money does Newmark Group make?

Newmark Group has a market capitalization of $2.64 billion and generates $1.91 billion in revenue each year. The company earns $80.06 million in net income (profit) each year or $0.93 on an earnings per share basis.

How many employees does Newmark Group have?

Newmark Group employs 5,800 workers across the globe.

What is Newmark Group's official website?

The official website for Newmark Group is www.ngkf.com.

Where are Newmark Group's headquarters?

Newmark Group is headquartered at 125 PARK AVENUE, NEW YORK NY, 10017.

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 (121) 237-2200.


This page was last updated on 9/18/2021 by MarketBeat.com Staff
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