NASDAQ:NMRK - Newmark Group Stock Price, Price Target & More

$15.10 -0.42 (-2.71 %)
(As of 04/25/2018 04:00 PM ET)
Previous Close$15.10
Today's Range$15.09 - $15.46
52-Week Range$13.72 - $16.98
Volume234,011 shs
Average Volume532,314 shs
Market Capitalization$2.40 billion
P/E Ratio13.13
Dividend YieldN/A
BetaN/A

About Newmark Group (NASDAQ:NMRK)

Newmark Group logoNewmark Group, Inc. provides commercial real estate services in the United States. Its investor/owner services and products include capital markets, which consist of investment sales, debt and structured finance and loan sales, agency leasing, property management, valuation and advisory, and loan servicing; and diligence and underwriting and government sponsored entity lending. 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 serves occupiers/real estate tenants, owners/landlords, and developers of real estate in the United States; and corporations and institutional investors internationally. The company was founded in 1929 and is headquartered in New York, New York. Newmark Group, Inc. is a subsidiary of BGC Partners, Inc.

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Industry, Sector and Symbol

Industry Real estate agents & managers
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:NMRK
CUSIPN/A
Phone212-610-2200

Debt

Debt-to-Equity Ratio3.43%
Current Ratio0.40%
Quick Ratio0.40%

Price-To-Earnings

Trailing P/E Ratio13.13
Forward P/E Ratio10.13
P/E Growth0.51

Sales & Book Value

Annual Sales$1.60 billion
Price / Sales1.46
Cash Flow$2.2741 per share
Price / Cash6.64
Book Value$1.44 per share
Price / Book10.49

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees4,800
Outstanding Shares154,760,000

How to Become a New Pot Stock Millionaire

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 were Newmark Group's earnings last quarter?

Newmark Group (NASDAQ:NMRK) announced its earnings results on Friday, February, 9th. The company reported $0.30 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.30. The firm had revenue of $460.60 million for the quarter, compared to analyst estimates of $428.10 million. During the same period last year, the firm earned $0.31 earnings per share. View Newmark Group's Earnings History.

What price target have analysts set for NMRK?

6 brokerages have issued 12-month price objectives for Newmark Group's stock. Their predictions range from $17.00 to $24.00. On average, they anticipate Newmark Group's share price to reach $20.0833 in the next twelve months. View Analyst Ratings for Newmark Group.

Are investors shorting Newmark Group?

Newmark Group saw a drop in short interest during the month of April. As of April 13th, there was short interest totalling 1,273,576 shares, a drop of 34.1% from the March 30th total of 1,933,144 shares. Based on an average daily volume of 207,443 shares, the short-interest ratio is presently 6.1 days. Currently, 5.5% of the shares of the company are sold short.

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. James R. Ficarro, Chief Operating Officer (Age 58)
  • Mr. Michael J. Rispoli, CFO & Principal Accounting Officer (Age 46)

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.

When does the company's lock-up period expire?

Newmark Group's lock-up period expires on Wednesday, June 13th. Newmark Group had issued 20,000,000 shares in its public offering on December 15th. The total size of the offering was $280,000,000 based on an initial share price of $14.00. After the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Has Newmark Group been receiving favorable news coverage?

Media stories about NMRK stock have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Newmark Group earned a daily sentiment score of 0.12 on Accern's scale. They also gave media headlines about the company an impact score of 45.29 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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 $15.10.

How big of a company is Newmark Group?

Newmark Group has a market capitalization of $2.40 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.

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 212-610-2200.


MarketBeat Community Rating for Newmark Group (NMRK)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  36 (Vote Outperform)
Underperform Votes:  54 (Vote Underperform)
Total Votes:  90
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.

Analyst Ratings

Newmark Group (NASDAQ:NMRK) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
6 Wall Street analysts have issued ratings and price targets for Newmark Group in the last 12 months. Their average twelve-month price target is $20.0833, suggesting that the stock has a possible upside of 33.00%. The high price target for NMRK is $24.00 and the low price target for NMRK is $17.00. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyN/A
Consensus Rating Score: 2.832.832.80N/A
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $20.0833$20.0833$19.90N/A
Price Target Upside: 33.00% upside33.89% upside27.89% upsideN/A

Newmark Group (NASDAQ:NMRK) Consensus Price Target History

Price Target History for Newmark Group (NASDAQ:NMRK)

Newmark Group (NASDAQ:NMRK) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/12/2018WedbushReiterated RatingOutperform$20.00HighView Rating Details
2/6/2018Raymond JamesInitiated CoverageOutperform$21.00LowView Rating Details
1/9/2018Sandler O'NeillInitiated CoverageBuy -> Buy$18.50HighView Rating Details
1/9/2018Bank of AmericaInitiated CoverageBuy$20.00HighView Rating Details
1/9/2018Keefe, Bruyette & WoodsInitiated CoverageMkt Perform -> Market Perform$17.00N/AView Rating Details
1/9/2018Goldman SachsInitiated CoverageBuy -> Buy$24.00N/AView Rating Details
(Data available from 4/25/2016 forward)

Earnings

Newmark Group (NASDAQ:NMRK) Earnings History and Estimates Chart

Earnings by Quarter for Newmark Group (NASDAQ:NMRK)

Newmark Group (NASDAQ:NMRK) Earnings Estimates

2018 EPS Consensus Estimate: $1.52
2019 EPS Consensus Estimate: $1.81
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.31$0.31$0.31
Q2 20181$0.48$0.48$0.48
Q3 20181$0.43$0.43$0.43
Q4 20181$0.30$0.30$0.30
Q1 20191$0.32$0.32$0.32
Q2 20191$0.34$0.34$0.34
Q3 20191$0.72$0.72$0.72
Q4 20191$0.43$0.43$0.43

Newmark Group (NASDAQ NMRK) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/9/2018Q4 17$0.30$0.30$428.10 million$460.60 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Newmark Group (NASDAQ:NMRK) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Newmark Group (NASDAQ NMRK) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 12.57%
Insider Trading History for Newmark Group (NASDAQ:NMRK)
Institutional Ownership by Quarter for Newmark Group (NASDAQ:NMRK)

Newmark Group (NASDAQ NMRK) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Newmark Group (NASDAQ NMRK) News Headlines

Source:
DateHeadline
Newmark Group (NMRK) Expected to Announce Quarterly Sales of $387.75 MillionNewmark Group (NMRK) Expected to Announce Quarterly Sales of $387.75 Million
www.americanbankingnews.com - April 23 at 4:19 AM
Newmark Group (NMRK) Receives Consensus Rating of "Buy" from AnalystsNewmark Group (NMRK) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - April 22 at 9:12 AM
$0.23 Earnings Per Share Expected for Newmark Group (NMRK) This Quarter$0.23 Earnings Per Share Expected for Newmark Group (NMRK) This Quarter
www.americanbankingnews.com - April 21 at 9:14 AM
Redfin (RDFN) versus Newmark Group (NMRK) Head-To-Head ContrastRedfin (RDFN) versus Newmark Group (NMRK) Head-To-Head Contrast
www.americanbankingnews.com - April 18 at 3:04 AM
Newmark Group (NMRK) Downgraded by Zacks Investment Research to SellNewmark Group (NMRK) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - April 17 at 8:05 AM
Short Interest in Newmark Group (NMRK) Expands By 1,399.9%Short Interest in Newmark Group (NMRK) Expands By 1,399.9%
www.americanbankingnews.com - April 13 at 2:10 AM
Are Newmark Group Inc’s (NASDAQ:NMRK) Interest Costs Too High?Are Newmark Group Inc’s (NASDAQ:NMRK) Interest Costs Too High?
finance.yahoo.com - April 12 at 10:54 AM
Pittsburgh office of Integra Realty Resources acquiredPittsburgh office of Integra Realty Resources acquired
finance.yahoo.com - April 11 at 4:07 PM
Reviewing Interval Leisure Group (ILG) and Newmark Group (NMRK)Reviewing Interval Leisure Group (ILG) and Newmark Group (NMRK)
www.americanbankingnews.com - April 11 at 3:30 AM
 Brokerages Expect Newmark Group Inc (NMRK) Will Announce Quarterly Sales of $387.75 Million Brokerages Expect Newmark Group Inc (NMRK) Will Announce Quarterly Sales of $387.75 Million
www.americanbankingnews.com - April 6 at 3:44 AM
Newmark Group Inc (NMRK) Expected to Announce Earnings of $0.23 Per ShareNewmark Group Inc (NMRK) Expected to Announce Earnings of $0.23 Per Share
www.americanbankingnews.com - April 4 at 11:38 AM
Newmark Group (NMRK) Raised to Buy at Zacks Investment ResearchNewmark Group (NMRK) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - April 4 at 9:54 AM
Newmark Group (NMRK) Now Covered by Keefe, Bruyette & WoodsNewmark Group (NMRK) Now Covered by Keefe, Bruyette & Woods
www.americanbankingnews.com - March 30 at 12:33 PM
Newmark Group (NMRK) Coverage Initiated at Goldman SachsNewmark Group (NMRK) Coverage Initiated at Goldman Sachs
www.americanbankingnews.com - March 30 at 12:12 PM
Newmark Group (NMRK) Receives New Coverage from Analysts at WedbushNewmark Group (NMRK) Receives New Coverage from Analysts at Wedbush
www.americanbankingnews.com - March 30 at 12:56 AM
Newmark Group (NMRK) Coverage Initiated at Bank of AmericaNewmark Group (NMRK) Coverage Initiated at Bank of America
www.americanbankingnews.com - March 29 at 11:52 PM
Newmark Group (NMRK) Rating Lowered to Hold at Zacks Investment ResearchNewmark Group (NMRK) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 29 at 11:09 AM
Newmark Group (NMRK) Upgraded by Zacks Investment Research to "Buy"Newmark Group (NMRK) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - March 28 at 10:32 AM
Newmark Group Inc (NMRK) Given Average Rating of "Buy" by AnalystsNewmark Group Inc (NMRK) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - March 28 at 9:44 AM
Zacks Investment Research Lowers Newmark Group (NMRK) to HoldZacks Investment Research Lowers Newmark Group (NMRK) to Hold
www.americanbankingnews.com - March 21 at 8:22 PM
Newmark Group (NMRK) Rating Increased to Buy at Zacks Investment ResearchNewmark Group (NMRK) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - March 20 at 10:48 AM
$0.23 Earnings Per Share Expected for Newmark Group Inc (NMRK) This Quarter$0.23 Earnings Per Share Expected for Newmark Group Inc (NMRK) This Quarter
www.americanbankingnews.com - March 18 at 10:20 AM
Financial Contrast: Colliers International Group (CIGI) and Newmark Group (NMRK)Financial Contrast: Colliers International Group (CIGI) and Newmark Group (NMRK)
www.americanbankingnews.com - March 9 at 3:16 AM
Anthony Orso Joins NKF Capital Markets as President of Capital Markets StrategiesAnthony Orso Joins NKF Capital Markets as President of Capital Markets Strategies
finance.yahoo.com - March 7 at 10:07 AM
BGC Partners And Newmark Group To Repay Remaining Balance Of $575 Million Unsecured Senior Term LoanBGC Partners And Newmark Group To Repay Remaining Balance Of $575 Million Unsecured Senior Term Loan
finance.yahoo.com - March 7 at 10:07 AM
HGI Capital Management LLC Buys New Stake in Newmark Group Inc (NMRK)HGI Capital Management LLC Buys New Stake in Newmark Group Inc (NMRK)
www.americanbankingnews.com - March 6 at 2:22 PM
Long Pond Capital LP Invests $15.90 Million in Newmark Group Inc (NMRK) StockLong Pond Capital LP Invests $15.90 Million in Newmark Group Inc (NMRK) Stock
www.americanbankingnews.com - March 5 at 1:08 PM
Newmark Group Inc (NMRK) Receives Average Rating of "Buy" from AnalystsNewmark Group Inc (NMRK) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - March 3 at 4:08 PM
$387.75 Million in Sales Expected for Newmark Group Inc (NMRK) This Quarter$387.75 Million in Sales Expected for Newmark Group Inc (NMRK) This Quarter
www.americanbankingnews.com - March 3 at 9:18 AM
Cardinal Capital Management LLC CT Invests $25.98 Million in Newmark Group Inc (NMRK) StockCardinal Capital Management LLC CT Invests $25.98 Million in Newmark Group Inc (NMRK) Stock
www.americanbankingnews.com - March 2 at 5:34 AM
Zacks: Analysts Expect Newmark Group Inc (NMRK) Will Post Earnings of $0.23 Per ShareZacks: Analysts Expect Newmark Group Inc (NMRK) Will Post Earnings of $0.23 Per Share
www.americanbankingnews.com - March 1 at 11:45 AM
Hudson Bay Capital Management LP Buys Shares of 250,000 Newmark Group Inc (NMRK)Hudson Bay Capital Management LP Buys Shares of 250,000 Newmark Group Inc (NMRK)
www.americanbankingnews.com - February 28 at 1:56 PM
The Manufacturers Life Insurance Company  Buys New Stake in Newmark Group Inc (NMRK)The Manufacturers Life Insurance Company Buys New Stake in Newmark Group Inc (NMRK)
www.americanbankingnews.com - February 24 at 5:54 AM
Q2 2018 EPS Estimates for Newmark Group Inc (NMRK) Lifted by AnalystQ2 2018 EPS Estimates for Newmark Group Inc (NMRK) Lifted by Analyst
www.americanbankingnews.com - February 14 at 8:20 AM
$362.55 Million in Sales Expected for Newmark Group Inc (NMRK) This Quarter$362.55 Million in Sales Expected for Newmark Group Inc (NMRK) This Quarter
www.americanbankingnews.com - February 14 at 5:54 AM
Q1 2018 EPS Estimates for Newmark Group Inc Increased by Wedbush (NMRK)Q1 2018 EPS Estimates for Newmark Group Inc Increased by Wedbush (NMRK)
www.americanbankingnews.com - February 13 at 7:44 AM
Comparing Nationstar Mortgage (NSM) and Newmark Group (NMRK)Comparing Nationstar Mortgage (NSM) and Newmark Group (NMRK)
www.americanbankingnews.com - February 13 at 1:06 AM
Newmark Group, Inc. 2017 Q4 - Results - Earnings Call SlidesNewmark Group, Inc. 2017 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 12 at 4:53 PM
Newmark Group (NMRK) Rating Reiterated by WedbushNewmark Group (NMRK) Rating Reiterated by Wedbush
www.americanbankingnews.com - February 12 at 9:42 AM
Newmark Group (NMRK) Announces Quarterly  Earnings ResultsNewmark Group (NMRK) Announces Quarterly Earnings Results
www.americanbankingnews.com - February 10 at 11:46 AM
Newmark Group beats by $0.05, beats on revenueNewmark Group beats by $0.05, beats on revenue
seekingalpha.com - February 9 at 5:46 PM
Newmark Group Inc. Q4 Profit RisesNewmark Group Inc. Q4 Profit Rises
www.nasdaq.com - February 9 at 5:46 PM
Newmark Group Reports Fourth Quarter and Full Year 2017 Financial ResultsNewmark Group Reports Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - February 9 at 8:54 AM
BGC Partners Reports Fourth Quarter and Full Year 2017 Financial ResultsBGC Partners Reports Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - February 9 at 8:54 AM
Analyzing Newmark Group (NMRK) & Its RivalsAnalyzing Newmark Group (NMRK) & Its Rivals
www.americanbankingnews.com - February 7 at 1:12 AM
Analyzing Newmark Group (NMRK) and Fang (SFUN)Analyzing Newmark Group (NMRK) and Fang (SFUN)
www.americanbankingnews.com - February 7 at 1:12 AM
Newmark Group (NMRK) Now Covered by Raymond James FinancialNewmark Group (NMRK) Now Covered by Raymond James Financial
www.americanbankingnews.com - February 6 at 7:54 PM
Newmark Group Inc (NMRK) Given Consensus Rating of "Buy" by AnalystsNewmark Group Inc (NMRK) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - February 6 at 11:55 AM
Newmark Group (NMRK) & Its Rivals Head to Head ReviewNewmark Group (NMRK) & Its Rivals Head to Head Review
www.americanbankingnews.com - February 3 at 3:14 AM
BGC Brokers Capitalab Launches Combined Options and LCH Cleared Swaps CompressionBGC Brokers' Capitalab Launches Combined Options and LCH Cleared Swaps Compression
finance.yahoo.com - February 2 at 8:50 AM

SEC Filings

Newmark Group (NASDAQ:NMRK) SEC Filings

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Social Media

Financials

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Chart

Newmark Group (NASDAQ NMRK) Stock Chart for Wednesday, April, 25, 2018

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This page was last updated on 4/25/2018 by MarketBeat.com Staff

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