Newmark Group Stock Price, News & Analysis (NASDAQ:NMRK)

Newmark Group trades on the NASDAQ under the ticker symbol "NMRK."

Newmark Group declared a quarterly dividend on Wednesday, July 31st. Investors of record on Tuesday, August 20th will be paid a dividend of $0.10 per share on Thursday, September 5th. This represents a $0.40 annualized dividend and a dividend yield of 4.33%. The ex-dividend date is Monday, August 19th. View Newmark Group's Dividend History.

Newmark Group Inc (NASDAQ:NMRK) announced its earnings results on Thursday, August, 1st. The company reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.02. The firm earned $551.50 million during the quarter, compared to the consensus estimate of $513.63 million. Newmark Group had a net margin of 5.69% and a return on equity of 40.30%. Newmark Group's quarterly revenue was up 18.2% on a year-over-year basis. View Newmark Group's Earnings History.

Newmark Group is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Newmark Group.

Newmark Group will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Newmark Group issued an update on its FY19 earnings guidance on Thursday, August, 1st. The company provided EPS guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.65. The company issued revenue guidance of $2.2-2.3 billion, compared to the consensus revenue estimate of $2.21 billion.

3 brokers have issued 12-month price targets for Newmark Group's stock. Their predictions range from $14.00 to $18.00. On average, they anticipate Newmark Group's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 73.3% from the stock's current price. View Analyst Price Targets 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.

Media stories about NMRK stock have been trending very negative on Thursday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Newmark Group earned a news impact score of -3.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Newmark Group.

Newmark Group saw a decline in short interest in September. As of September 30th, there was short interest totalling 3,250,000 shares, a decline of 29.3% from the August 30th total of 4,600,000 shares. Based on an average daily trading volume, of 761,500 shares, the short-interest ratio is presently 4.3 days. Currently, 2.2% of the company's stock are sold short. View Newmark Group's Current Options Chain.

Some companies that are related to Newmark Group include Marriott Vacations Worldwide (VAC), Redfin (RDFN), Marcus & Millichap (MMI), Realogy (RLGY), Bluegreen Vacations (BXG), Re/Max (RMAX), eXp World (EXPI), MDJM (MDJH) and Novation Companies (NOVC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Newmark Group investors own include BGC Partners (BGCP), Verizon Communications (VZ), General Electric (GE), Cisco Systems (CSCO), Alibaba Group (BABA), AT&T (T), Home Depot (HD), Johnson & Johnson (JNJ), Altria Group (MO) and NVIDIA (NVDA).

(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) acted as the underwriters for the IPO and Sandler O’Neill + Partners, Raymond James, Regions Securities, CastleOak Securities and Wedbush Securities were co-managers.

Newmark Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.36%), Altman Advisors Inc. (0.08%), Bowling Portfolio Management LLC (0.07%), Gradient Investments LLC (0.07%), Assenagon Asset Management S.A. (0.06%) and Diversified Trust Co (0.02%). Company insiders that own Newmark Group stock include Barry M Gosin and Virginia S Bauer. View Institutional Ownership Trends for Newmark Group.

NMRK stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Bowling Portfolio Management LLC. View Insider Buying and Selling for Newmark Group.

NMRK stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Altman Advisors Inc., Gradient Investments LLC, Diversified Trust Co, Denali Advisors LLC, SeaCrest Wealth Management LLC, Thomasville National Bank and Baldwin Brothers Inc. MA. 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 for 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.

One share of NMRK stock can currently be purchased for approximately $9.23.

Newmark Group has a market capitalization of $1.64 billion and generates $2.05 billion in revenue each year. The company earns $106.73 million in net income (profit) each year or $1.52 on an earnings per share basis. Newmark Group employs 5,200 workers across the globe.View Additional Information About Newmark Group.

The official website for Newmark Group is http://www.ngkf.com/.

Newmark Group's mailing address is 125 PARK AVENUE, NEW YORK NY, 10017. The company can be reached via phone at 212-372-2000.