Newmark Group Stock Forecast, Price & News

Newmark Group's stock was trading at $7.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NMRK shares have decreased by 28.5% and is now trading at $5.01.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Newmark Group.

Newmark Group is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Newmark Group.

Newmark Group will be holding an earnings conference call on Thursday, November 5th 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 Inc (NASDAQ:NMRK) issued its earnings results on Thursday, August, 6th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.11. The company had revenue of $383.72 million for the quarter, compared to analyst estimates of $382.17 million. Newmark Group had a return on equity of 37.00% and a net margin of 3.98%.
View Newmark Group's earnings history.

Newmark Group declared a quarterly dividend on Friday, August 7th. Stockholders of record on Wednesday, August 26th will be paid a dividend of $0.01 per share on Monday, September 14th. This represents a $0.04 annualized dividend and a yield of 0.80%. The ex-dividend date is Tuesday, August 25th.
View Newmark Group's dividend history.

5 analysts have issued 12-month price objectives for Newmark Group's shares. Their forecasts range from $4.00 to $10.00. On average, they anticipate Newmark Group's share price to reach $5.90 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price.
View analysts' price targets for Newmark Group.

Newmark Group saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,770,000 shares, an increase of 28.3% from the September 15th total of 1,380,000 shares. Based on an average daily trading volume, of 1,100,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.2% of the company's stock are short sold.
View Newmark Group's Short Interest.

Some companies that are related to Newmark Group include eXp World (EXPI), Marcus & Millichap (MMI), Realogy (RLGY), RE/MAX (RMAX), Bluegreen Vacations (BXG), 1847 Goedeker (FTHM), MDJM (MDJH), Novation Companies (NOVC) and Golden Gate Partners (GNGT).
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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).

(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 trades on the NASDAQ under the ticker symbol "NMRK."

Newmark Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.07%), Envestnet Asset Management Inc. (0.05%), Aptus Capital Advisors LLC (0.03%) and Raymond James Trust N.A. (0.01%). 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 Raymond James Trust N.A..
View insider buying and selling activity for Newmark Group.

NMRK stock was purchased by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Aptus Capital Advisors LLC, and Envestnet Asset Management Inc.. 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 activity 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 $5.01.

Newmark Group has a market capitalization of $898.07 million and generates $2.22 billion in revenue each year. The company earns $117.31 million in net income (profit) each year or $1.62 on an earnings per share basis. Newmark Group employs 5,600 workers across the globe.

The official website for Newmark Group is 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.