S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NASDAQ:NMRK

Newmark Group Stock Forecast, Price & News

$15.92
-0.04 (-0.25%)
(As of 12/8/2021 04:00 PM ET)
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Today's Range
$15.70
$16.00
50-Day Range
$12.80
$17.59
52-Week Range
$6.56
$17.97
Volume
1.16 million shs
Average Volume
894,583 shs
Market Capitalization
$3.38 billion
P/E Ratio
5.51
Dividend Yield
0.25%
Beta
1.74
30 days | 90 days | 365 days | Advanced Chart
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Newmark Group logo

About Newmark Group

Newmark Group Inc. engages in the provision of commercial real estate services. It offers its services to commercial real estate tenants, investors, owners, occupiers, developers, leasing and corporate advisory, investment sales and real estate finance, consulting, origination and servicing of commercial mortgage loans, valuation, project and development management and property and facility management. The company was founded in 1929 and is headquartered in New York, NY.

Headlines

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Industry, Sector and Symbol

Industry
Real estate agents & managers
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:NMRK
Fax
N/A
Employees
5,800
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.91 billion
Cash Flow
$2.55 per share
Book Value
$7.64 per share

Profitability

Net Income
$80.06 million
Pretax Margin
39.36%

Debt

Price-To-Earnings

Miscellaneous

Free Float
154,937,000
Market Cap
$3.38 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/05/2021
Ex-Dividend
11/18/2021
Today
12/09/2021
Dividend Payable
12/10/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/17/2022

MarketRank

Overall MarketRank

2.42 out of 5 stars

Finance Sector

347th out of 1,342 stocks

Real Estate Agents & Managers Industry

4th out of 15 stocks

Analyst Opinion: 1.4Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -












Newmark Group (NASDAQ:NMRK) Frequently Asked Questions

Is Newmark Group a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Newmark Group stock.
View analyst ratings for Newmark Group
or view top-rated stocks.

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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NMRK shares have increased by 127.1% and is now trading at $15.92.
View which stocks have been most impacted by COVID-19
.

When is Newmark Group's next earnings date?

Newmark Group is scheduled to release its next quarterly earnings announcement on Thursday, February 17th 2022.
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 Friday, November, 5th. The company reported $0.50 EPS for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.13. The firm had revenue of $788.13 million for the quarter, compared to analysts' expectations of $679.95 million. Newmark Group had a net margin of 23.68% and a trailing twelve-month return on equity of 28.92%. The company's quarterly revenue was up 80.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.44 earnings per share.
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 Monday, November 8th. Shareholders of record on Friday, November 19th will be paid a dividend of $0.01 per share on Friday, December 10th. This represents a $0.04 annualized dividend and a dividend yield of 0.25%. The ex-dividend date of this dividend is Thursday, November 18th.
View Newmark Group's dividend history
.

Is Newmark Group a good dividend stock?

Newmark Group pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.25%. Newmark Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Newmark Group is 1.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Newmark Group will have a dividend payout ratio of 2.44% next year. This indicates that Newmark Group will be able to sustain or increase its dividend.
View Newmark Group's dividend history.

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

Newmark Group updated its FY 2021 earnings guidance on Friday, December, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.70 billion-$2.75 billion, compared to the consensus revenue estimate of $2.58 billion.

What price target have analysts set for NMRK?

6 brokers have issued 12-month price objectives for Newmark Group's stock. Their forecasts range from $11.00 to $22.00. On average, they anticipate Newmark Group's share price to reach $17.20 in the next year. This suggests a possible upside of 8.0% from the stock's current price.
View analysts' price targets for Newmark Group
or view top-rated stocks among Wall Street analysts.

Who are Newmark Group's key executives?

Newmark Group's management team includes the following people:
  • Barry M. Gosin, Chief Executive Officer
  • James D. Kuhn, President & Head-Investor Services
  • Michael J. Rispoli, Chief Financial Officer
  • Sridhar Potineni, Chief Information Officer
  • James T. Randolph, Executive Vice President

What is Barry M. Gosin's approval rating as Newmark Group's CEO?

68 employees have rated Newmark Group CEO Barry M. Gosin on Glassdoor.com. Barry M. Gosin has an approval rating of 54% among Newmark Group'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 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) served 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.50%), Cardinal Capital Management LLC CT (3.34%), Geode Capital Management LLC (1.62%), Bank of New York Mellon Corp (1.58%), Royal Bank of Canada (1.42%) and Dimensional Fund Advisors LP (1.41%).
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 BlackRock Inc., River Road Asset Management LLC, Geode Capital Management LLC, Mittleman Investment Management LLC, AXA S.A., Bank of New York Mellon Corp, Morgan Stanley, and New York State Common Retirement Fund.
View insider buying and selling activity for Newmark Group
or view top insider-selling stocks.

Which institutional investors are buying Newmark Group stock?

NMRK stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, American Century Companies Inc., Royal Bank of Canada, Cardinal Capital Management LLC CT, Clark Capital Management Group Inc., Invesco Ltd., Seascape Capital Management, and Dimensional Fund Advisors LP.
View insider buying and selling activity for Newmark Group
or or view top insider-buying stocks.

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 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 $15.92.

How much money does Newmark Group make?

Newmark Group has a market capitalization of $3.38 billion and generates $1.91 billion in revenue each year. The company earns $80.06 million in net income (profit) each year or $2.89 on an earnings per share basis.

How many employees does Newmark Group have?

Newmark Group employs 5,800 workers across the globe.

What is Newmark Group's official website?

The official website for Newmark Group is www.ngkf.com.

Where are Newmark Group's headquarters?

Newmark Group is headquartered at 125 PARK AVENUE, NEW YORK NY, 10017.

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 (121) 237-2200.


This page was last updated on 12/9/2021 by MarketBeat.com Staff

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