NASDAQ:NMRK Newmark Group Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Newmark Group Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.09 -0.06 (-1.45 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$4.06Now: $4.09▼$4.2450-Day Range$4.03MA: $4.39▼$4.7652-Week Range$2.49Now: $4.09▼$13.85Volume1.63 million shsAverage Volume1.45 million shsMarket Capitalization$733.16 millionP/E Ratio9.74Dividend Yield0.96%Beta1.63 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.0 Analyst's Opinion Consensus RatingNewmark Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.90, Newmark Group has a forecasted upside of 44.3% from its current price of $4.09.Amount of Analyst CoverageNewmark Group has only been the subject of 2 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesNewmark Group has received 327 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNewmark Group has received 457 “underperform” votes. (Add your “underperform” vote.)Community SentimentNewmark Group has received 58.29% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldNewmark Group has a dividend yield of 0.96%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthNewmark Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Newmark Group is 2.47%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Newmark Group will have a dividend payout ratio of 3.33% next year. This indicates that Newmark Group will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Newmark Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 28.60% of the stock of Newmark Group is held by insiders.Percentage Held by Institutions54.95% of the stock of Newmark Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Newmark Group are expected to grow by 23.71% in the coming year, from $0.97 to $1.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Newmark Group is 9.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Newmark Group is 9.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.65.Price to Earnings Growth RatioNewmark Group has a PEG Ratio of 0.46. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNewmark Group has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 4.4 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.43 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate agents & managers Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:NMRK Previous Symbol CUSIPN/A CIK1690680 Webwww.ngkf.com Phone212-372-2000Debt Debt-to-Equity Ratio1.33 Current Ratio0.47 Quick Ratio0.47Price-To-Earnings Trailing P/E Ratio9.74 Forward P/E Ratio4.22 P/E Growth0.46 Sales & Book Value Annual Sales$2.22 billion Price / Sales0.33 Cash Flow$3.08 per share Price / Cash Flow1.33 Book Value$5.30 per share Price / Book0.77Profitability EPS (Most Recent Fiscal Year)$1.62 Net Income$117.31 million Net Margins3.98% Return on Equity37.00% Return on Assets9.31%Miscellaneous Employees5,600 Outstanding Shares179,256,000Market Cap$733.16 million Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $4.09 -0.06 (-1.45 %) (As of 09/23/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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. Newmark Group (NASDAQ:NMRK) Frequently Asked Questions How has Newmark Group's stock price been impacted by COVID-19 (Coronavirus)? Newmark Group's stock was trading at $7.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NMRK shares have decreased by 41.7% and is now trading at $4.09. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Newmark Group? 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. When is Newmark Group's next earnings date? Newmark Group is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Newmark Group. How were Newmark Group's earnings last quarter? Newmark Group Inc (NASDAQ:NMRK) released its earnings results on Thursday, August, 6th. The company reported $0.10 EPS for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.11. Newmark Group had a net margin of 3.98% and a return on equity of 37.00%. View Newmark Group's earnings history. How often does Newmark Group pay dividends? What is the dividend yield for Newmark Group? Newmark Group declared a quarterly dividend on Friday, August 7th. Stockholders of record on Wednesday, August 26th will be given a dividend of $0.01 per share on Monday, September 14th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Tuesday, August 25th. View Newmark Group's dividend history. What price target have analysts set for NMRK? 5 analysts have issued 12-month price targets for Newmark Group's stock. Their forecasts range from $4.00 to $10.00. On average, they expect Newmark Group's share price to reach $5.90 in the next twelve months. This suggests a possible upside of 44.3% from the stock's current price. View analysts' price targets for Newmark Group. Are investors shorting Newmark Group? Newmark Group saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,320,000 shares, a decrease of 28.3% from the August 15th total of 1,840,000 shares. Based on an average daily volume of 1,070,000 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.9% of the shares of the stock are sold short. View Newmark Group's Short Interest. Who are some of Newmark Group's key competitors? Some companies that are related to Newmark Group include eXp World (EXPI), Realogy (RLGY), Marcus & Millichap (MMI), Re/Max (RMAX), Bluegreen Vacations (BXG), 1847 Goedeker (FTHM), MDJM (MDJH), Novation Companies (NOVC) and Golden Gate Partners (GNGT). View all 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 LP Unit (ET) and Enterprise Products Partners (EPD). Who are Newmark Group's key executives? Newmark Group's management team includes the following people: Mr. Barry M. Gosin, Chief Exec. Officer (Age 68)Mr. Michael J. Rispoli, Chief Financial Officer (Age 47)Mr. James D. Kuhn, PresMr. Raj Bhatti, Chief Information OfficerMs. Alison Lewis, Chief Admin. Officer When did Newmark Group IPO? (NMRK) raised $615 million in an 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.22%), Bank of New York Mellon Corp (1.61%), EJF Capital LLC (1.35%), Grantham Mayo Van Otterloo & Co. LLC (1.20%), Prudential Financial Inc. (1.08%) and Charles Schwab Investment Management Inc. (0.87%). Company insiders that own Newmark Group stock include Barry M Gosin and Virginia S Bauer. View institutional ownership trends for Newmark Group. Which institutional investors are selling Newmark Group stock? NMRK stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Principal Financial Group Inc., EJF Capital LLC, Vanguard Group Inc., Bank of America Corp DE, Federated Hermes Inc., Raymond James & Associates, and Goldman Sachs Group Inc.. View insider buying and selling activity for Newmark Group. Which institutional investors are buying Newmark Group stock? NMRK stock was bought by a variety of institutional investors in the last quarter, including Bridgeway Capital Management Inc., Balyasny Asset Management LLC, FMR LLC, FMR LLC, Bank of New York Mellon Corp, Intrinsic Edge Capital Management LLC, Assenagon Asset Management S.A., and SG Americas Securities LLC. 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. 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, Robinhood, Fidelity, and Charles Schwab. What is Newmark Group's stock price today? One share of NMRK stock can currently be purchased for approximately $4.09. How big of a company is Newmark Group? Newmark Group has a market capitalization of $733.16 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. What is Newmark Group's official website? The official website for Newmark Group is 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. This page was last updated on 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
