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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
Economic and National Security Threats Create Lithium Bonanza (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
Copper More Critical than Lithium? (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
Economic and National Security Threats Create Lithium Bonanza (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
Copper More Critical than Lithium? (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
Economic and National Security Threats Create Lithium Bonanza (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
Copper More Critical than Lithium? (Ad)
NASDAQ:NMRK

Newmark Group - NMRK Stock Forecast, Price & News

$11.23
+0.16 (+1.45%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$10.89
$11.28
50-Day Range
$8.81
$11.70
52-Week Range
$8.66
$19.10
Volume
829,100 shs
Average Volume
969,351 shs
Market Capitalization
$2.01 billion
P/E Ratio
6.89
Dividend Yield
1.08%
Price Target
$16.00

Newmark Group MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
42.5% Upside
$16.00 Price Target
Short Interest
Healthy
2.81% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.45mentions of Newmark Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$6 M Bought Last Quarter
Proj. Earnings Growth
7.78%
From $1.80 to $1.94 Per Share

Overall MarketRank

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

3.07 out of 5 stars

Finance Sector

54th out of 926 stocks

Real Estate Agents & Managers Industry

1st out of 16 stocks

NMRK stock logo

About Newmark Group (NASDAQ:NMRK) Stock

Newmark Group, Inc. provides commercial real estate services in the United States and internationally. The company's investor/owner services and products include capital markets, such as investment, debt and structured finance, and loan sales; agency leasing, property management, and valuation and advisory; and commercial real estate due diligence consulting and advisory services, as well as government sponsored enterprise lending, loan servicing, mortgage broking, and equity-raising services. Its occupier services and products comprise tenant representation; real estate management technology systems; workplace and occupancy strategy; global corporate consulting; project management; account and transaction management; and lease administration and facilities management services. The company provides its services to commercial real estate tenants, investors, owners, occupiers, and developers, as well as lenders and multi-national corporations. As of December 31, 2021, it operated approximately 160 offices on four continents. The company was formerly known as Newmark Knight Frank and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on NMRK shares. Piper Sandler reduced their price objective on Newmark Group to $11.00 in a research report on Monday, July 4th. Raymond James cut their target price on Newmark Group from $21.00 to $18.00 and set an "outperform" rating for the company in a research report on Tuesday, April 26th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $16.00.

Newmark Group Price Performance

NASDAQ:NMRK opened at $11.23 on Tuesday. The stock has a market capitalization of $2.01 billion, a P/E ratio of 6.89 and a beta of 1.77. Newmark Group has a 1 year low of $8.66 and a 1 year high of $19.10. The business's fifty day moving average is $10.26 and its two-hundred day moving average is $12.88. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.52 and a current ratio of 0.52.

Newmark Group (NASDAQ:NMRK - Get Rating) last posted its quarterly earnings results on Friday, July 29th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.10. The company had revenue of $755.40 million for the quarter, compared to analysts' expectations of $670.04 million. Newmark Group had a return on equity of 30.07% and a net margin of 10.19%. The firm's revenue was up 19.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.31 earnings per share. On average, research analysts forecast that Newmark Group will post 1.8 earnings per share for the current fiscal year.

Newmark Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend is Friday, August 12th. Newmark Group's dividend payout ratio (DPR) is currently 7.36%.

Insider Buying and Selling at Newmark Group

In other news, Chairman Howard W. Lutnick bought 277,000 shares of the business's stock in a transaction on Monday, May 23rd. The shares were bought at an average cost of $10.83 per share, with a total value of $2,999,910.00. Following the purchase, the chairman now directly owns 8,019,434 shares in the company, valued at $86,850,470.22. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, Chairman Howard W. Lutnick purchased 277,000 shares of the company's stock in a transaction dated Monday, May 23rd. The shares were acquired at an average cost of $10.83 per share, with a total value of $2,999,910.00. Following the completion of the purchase, the chairman now owns 8,019,434 shares of the company's stock, valued at approximately $86,850,470.22. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Howard W. Lutnick purchased 329,000 shares of the company's stock in a transaction dated Tuesday, June 14th. The stock was bought at an average cost of $9.11 per share, for a total transaction of $2,997,190.00. Following the completion of the purchase, the chairman now directly owns 8,348,434 shares of the company's stock, valued at approximately $76,054,233.74. The disclosure for this purchase can be found here. Company insiders own 27.10% of the company's stock.

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NMRK Stock News Headlines

Newmark hires new head of workforce housing
Newmark brings on Susan Arledge
Barings Acquires Bay Area Life Science Portfolio
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NMRK Company Calendar

Ex-Dividend for 5/31 Dividend
5/13/2022
Dividend Payable
5/31/2022
Last Earnings
7/29/2022
Ex-Dividend for 8/31 Dividend
8/12/2022
Today
8/16/2022
Dividend Payable
8/31/2022
Next Earnings (Estimated)
11/04/2022
Fiscal Year End
12/31/2022

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
$16.00
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+42.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$750.73 million
Pretax Margin
16.33%

Debt

Sales & Book Value

Annual Sales
$2.91 billion
Cash Flow
$3.36 per share
Book Value
$8.78 per share

Miscellaneous

Free Float
130,560,000
Market Cap
$2.01 billion
Optionable
Optionable
Beta
1.77

Key Executives

  • Mr. Howard W. Lutnick (Age 60)
    Chairman
    Comp: $30M
  • Mr. Barry M. Gosin (Age 71)
    Chief Exec. Officer
    Comp: $12.61M
  • Mr. Michael J. Rispoli CPA (Age 50)
    Chief Financial Officer
    Comp: $1.73M
  • Mr. Stephen Marcus Merkel (Age 63)
    Exec. VP, Chief Legal Officer & Assistant Corp. Sec.
    Comp: $1.5M
  • Mr. James D. Kuhn FRICS
    Pres & Head of Investor Services
  • Mr. Sridhar Potineni
    Chief Information Officer
  • Mr. Roger Ethan Anscher J.D.
    Chief Admin. Officer
  • Mr. Jason Edward Harbes
    VP of Investor Relations
  • Mr. Jason A. McGruder
    Head of Investor Relations
  • Ms. Karen Laureano-Rikardsen
    Chief Marketing & Communications Officer













NMRK Stock - Frequently Asked Questions

Should I buy or sell Newmark Group stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 2022?

4 Wall Street analysts have issued 12 month target prices for Newmark Group's shares. Their NMRK share price forecasts range from $11.00 to $18.00. On average, they anticipate the company's stock price to reach $16.00 in the next year. This suggests a possible upside of 42.5% 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 2022?

Newmark Group's stock was trading at $18.70 at the start of the year. Since then, NMRK stock has decreased by 39.9% and is now trading at $11.23.
View the best growth stocks for 2022 here
.

When is Newmark Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our NMRK earnings forecast
.

How were Newmark Group's earnings last quarter?

Newmark Group, Inc. (NASDAQ:NMRK) posted its earnings results on Friday, July, 29th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.36 by $0.10. The company earned $755.40 million during the quarter, compared to the consensus estimate of $670.04 million. Newmark Group had a net margin of 10.19% and a trailing twelve-month return on equity of 30.07%. Newmark Group's revenue was up 19.9% compared to the same quarter last year. During the same period last year, the firm posted $0.31 EPS.

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

Newmark Group declared a quarterly dividend on Wednesday, August 3rd. Investors of record on Monday, August 15th will be paid a dividend of $0.03 per share on Wednesday, August 31st. This represents a $0.12 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date is Friday, August 12th.
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 1.08%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMRK will have a dividend payout ratio of 6.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NMRK.

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

Newmark Group updated its FY 2025 earnings guidance on Friday, August, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.50 billion-$4.50 billion.

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 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.

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 shareholders include FMR LLC (2.62%), River Road Asset Management LLC (1.85%), State Street Corp (1.84%), Northern Trust Corp (1.02%), Leeward Investments LLC MA (0.89%) and Ceredex Value Advisors LLC (0.69%).
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 $11.23.

How much money does Newmark Group make?

Newmark Group (NASDAQ:NMRK) has a market capitalization of $2.01 billion and generates $2.91 billion in revenue each year. The company earns $750.73 million in net income (profit) each year or $1.63 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 (121) 237-2200.

This page (NASDAQ:NMRK) was last updated on 8/16/2022 by MarketBeat.com Staff

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