NASDAQ:NMRKNewmark Group Stock Price, Forecast & 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 $4.14 +0.40 (+10.70 %) (As of 05/26/2020 04:00 PM ET) Add Compare Share Today's Range$3.80Now: $4.14▼$4.3550-Day Range$2.87MA: $3.70▼$4.1852-Week Range$2.49Now: $4.14▼$13.85Volume1.91 million shsAverage Volume1.62 million shsMarket Capitalization$737.87 millionP/E Ratio7.67Dividend Yield10.69%Beta1.69 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 $7.97, Newmark Group has a potential upside of 92.5% from its current price of $4.14.Amount of Analyst CoverageNewmark Group has only been the subject of 3 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesNewmark Group has received 326 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNewmark Group has received 447 “underperform” votes. (Add your “underperform” vote.)Community SentimentNewmark Group has received 57.83% “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 3.3 Dividend Strength Dividend LeadershipNewmark Group is a leading dividend payer. It pays a dividend yield of 10.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNewmark Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Newmark Group is 24.69 %. 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 27.40 % next year. This indicates that Newmark Group will be able to sustain or increase its dividend. Previous Next 2.0 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 Insiders58.62% of the stock of Newmark Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions58.03% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Newmark Group are expected to grow by 8.96% in the coming year, from $1.34 to $1.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Newmark Group is 7.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Newmark Group is 7.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 13.66.Price to Earnings Growth RatioNewmark Group has a PEG Ratio of 0.28. 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 0.80. 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: 3.3Insider Behavior: 2.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.84 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 Ratio1.29 Current Ratio0.58 Quick Ratio0.58Price-To-Earnings Trailing P/E Ratio7.67 Forward P/E Ratio3.09 P/E Growth0.28 Sales & Book Value Annual Sales$2.22 billion Price / Sales0.33 Cash Flow$3.73 per share Price / Cash Flow1.11 Book Value$5.17 per share Price / Book0.80Profitability EPS (Most Recent Fiscal Year)$1.62 Net Income$117.31 million Net Margins4.67% Return on Equity41.44% Return on Assets11.27%Miscellaneous Employees5,600 Outstanding Shares178,230,000Market Cap$737.87 million Next Earnings Date8/6/2020 (Estimated) OptionableOptionable NASDAQ:NMRK Rates by TradingView 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 been impacted by COVID-19 (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 (WHO). Since then, NMRK stock has decreased by 40.9% and is now trading at $4.14. View which stocks have been most impacted by Coronavirus. 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 Thursday, August 6th 2020. 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 Thursday, May, 7th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.14. The business earned $483.93 million during the quarter, compared to analysts' expectations of $484.27 million. Newmark Group had a return on equity of 41.44% and a net margin of 4.67%. 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, May 8th. Stockholders of record on Thursday, May 28th will be paid a dividend of $0.01 per share on Monday, June 15th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date is Wednesday, May 27th. View Newmark Group's dividend history. What price target have analysts set for NMRK? 5 Wall Street analysts have issued 12 month price objectives for Newmark Group's stock. Their forecasts range from $4.00 to $14.00. On average, they anticipate Newmark Group's stock price to reach $7.97 in the next year. This suggests a possible upside of 92.5% from the stock's current price. View analysts' price targets for Newmark Group. Has Newmark Group been receiving favorable news coverage? Headlines about NMRK stock have been trending positive on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Newmark Group earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutNewmark Group. Are investors shorting Newmark Group? Newmark Group saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,820,000 shares, a drop of 18.0% from the April 30th total of 2,220,000 shares. Based on an average daily trading volume, of 1,820,000 shares, the short-interest ratio is currently 1.0 days. Currently, 1.2% 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? Some companies that are related to Newmark Group include Marcus & Millichap (MMI), eXp World (EXPI), Realogy (RLGY), Re/Max (RMAX), Bluegreen Vacations (BXG), MDJM (MDJH) and Novation Companies (NOVC). 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), AT&T (T), Intel (INTC), Verizon Communications (VZ), Alibaba Group (BABA), Cisco Systems (CSCO), Altria Group (MO), Pfizer (PFE), AGNC Investment (AGNC) and AbbVie (ABBV). 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 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. 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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.77%), Principal Financial Group Inc. (2.80%), EJF Capital LLC (1.74%), State Street Corp (1.68%), Geode Capital Management LLC (1.50%) and Grantham Mayo Van Otterloo & Co. LLC (1.33%). 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., Bank of New York Mellon Corp, Morgan Stanley, Raymond James & Associates, Two Sigma Investments LP, Nuveen Asset Management LLC, CNH Partners LLC, and First Trust Advisors LP. View insider buying and selling activity for Newmark Group. Which institutional investors are buying Newmark Group stock? NMRK stock was purchased by a variety of institutional investors in the last quarter, including Copeland Capital Management LLC, Deutsche Bank AG, Granahan Investment Management Inc. MA, Grantham Mayo Van Otterloo & Co. LLC, EJF Capital LLC, APG Asset Management N.V., APG Asset Management N.V., and Mackay Shields 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 $4.14. How big of a company is Newmark Group? Newmark Group has a market capitalization of $737.87 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 5/27/2020 by MarketBeat.com Staff
