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

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$9.98 +0.27 (+2.78 %)
(As of 01/16/2019 09:41 AM ET)
Previous Close$9.71
Today's Range$9.82 - $10.01
52-Week Range$7.34 - $16.98
Volume243,304 shs
Average Volume1.51 million shs
Market Capitalization$1.46 billion
P/E Ratio8.68
Dividend Yield3.81%
BetaN/A
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 Berkeley Point and NKF Capital Markets names. 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 9, 2018, Newmark Group, Inc. operated approximately 400 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

Current Ratio0.42
Quick Ratio0.42

Price-To-Earnings

Sales & Book Value

Annual Sales$1.60 billion
Price / Sales0.97
Cash Flow$2.4703 per share
Price / Cash Flow4.04
Book Value$1.44 per share
Price / Book6.93

Profitability

Net Income$144.49 million
Net Margins2.28%
Return on Assets11.52%

Miscellaneous

Employees4,800
Market Cap$1.46 billion
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 announced a quarterly dividend on Friday, October 26th. Stockholders of record on Wednesday, November 7th will be paid a dividend of $0.09 per share on Wednesday, November 28th. This represents a $0.36 annualized dividend and a dividend yield of 3.61%. The ex-dividend date of this dividend is Tuesday, November 6th. View Newmark Group's Dividend History.

How were Newmark Group's earnings last quarter?

Newmark Group Inc (NASDAQ:NMRK) posted its earnings results on Thursday, October, 25th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.60 by $0.01. The company had revenue of $518.81 million for the quarter, compared to analyst estimates of $510.60 million. Newmark Group had a return on equity of 54.81% and a net margin of 2.28%. 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 Friday, February 8th 2019. View Earnings Estimates for Newmark Group.

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

Newmark Group issued an update on its FY18 earnings guidance on Thursday, December, 20th. The company provided EPS guidance of ~$1.45-1.53 for the period, compared to the Thomson Reuters consensus estimate of $1.50. The company issued revenue guidance of ~$1, compared to the consensus revenue estimate of $2.00 billion.

What price target have analysts set for NMRK?

3 brokers have issued 1-year target prices for Newmark Group's stock. Their predictions range from $12.00 to $20.00. On average, they expect Newmark Group's stock price to reach $16.6667 in the next year. This suggests a possible upside of 67.0% 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 stories about NMRK stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Newmark Group earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Are investors shorting Newmark Group?

Newmark Group saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 2,057,537 shares, a decline of 30.8% from the December 14th total of 2,975,133 shares. Based on an average trading volume of 1,925,794 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.7% of the shares of the company are short sold. View Newmark Group's Current Options Chain.

Who are some of Newmark Group's key competitors?

Who are Newmark Group's key executives?

Newmark Group's management team includes the folowing people:
  • Mr. Barry M. Gosin, Chief Exec. Officer (Age 67)
  • Mr. Michael J. Rispoli, Chief Financial Officer (Age 46)
  • Mr. James R. Ficarro, Chief Operating Officer (Age 58)
  • Mr. James D. Kuhn, Pres
  • Mr. Raj Bhatti, Chief Information Officer

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 a price of $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 $9.98.

How big of a company is Newmark Group?

Newmark Group has a market capitalization of $1.46 billion and generates $1.60 billion in revenue each year. The company earns $144.49 million in net income (profit) each year or $1.15 on an earnings per share basis. Newmark Group employs 4,800 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:  203 (Vote Outperform)
Underperform Votes:  273 (Vote Underperform)
Total Votes:  476
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 1/16/2019 by MarketBeat.com Staff

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