Newmark Group - NMRK Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NMRK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NMRK, but not buy additional shares or sell existing shares.
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4 Wall Street research analysts have issued twelve-month price objectives for Newmark Group's shares. Their NMRK share price forecasts range from $11.00 to $18.00. On average, they predict the company's share price to reach $16.00 in the next year. This suggests a possible upside of 83.7% from the stock's current price.
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Newmark Group's stock was trading at $18.70 at the start of the year. Since then, NMRK shares have decreased by 53.4% and is now trading at $8.71.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our NMRK earnings forecast.

Newmark Group, Inc. (NASDAQ:NMRK) issued its earnings results on Friday, July, 29th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.06. The business had revenue of $755.40 million for the quarter, compared to analysts' expectations of $670.04 million. Newmark Group had a trailing twelve-month return on equity of 30.07% and a net margin of 10.19%. The business's quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.31 earnings per share.

Newmark Group announced a quarterly dividend on Wednesday, August 3rd. Shareholders of record on Monday, August 15th will be paid a dividend of $0.03 per share on Wednesday, August 31st. This represents a $0.12 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Friday, August 12th.
Read our dividend analysis for NMRK.

Newmark Group (NASDAQ:NMRK) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.31%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMRK will have a dividend payout ratio of 6.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NMRK.

Newmark Group updated its FY 2025 earnings guidance on Friday, August, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $4.50 billion-$4.50 billion.

68 employees have rated Newmark Group Chief Executive Officer Barry M. Gosin on Glassdoor.com. Barry M. Gosin has an approval rating of 54% among the company's employees. This puts Barry M. Gosin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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).

(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 trades on the NASDAQ under the ticker symbol "NMRK."

Newmark Group's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (2.62%), River Road Asset Management LLC (1.85%), State Street Corp (1.84%), Northern Trust Corp (1.02%), Leeward Investments LLC MA (0.89%) and Ceredex Value Advisors LLC (0.69%).
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Shares of NMRK stock 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.
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One share of NMRK stock can currently be purchased for approximately $8.71.

Newmark Group (NASDAQ:NMRK) has a market capitalization of $1.56 billion and generates $2.91 billion in revenue each year. The company earns $750.73 million in net income (profit) each year or $1.63 on an earnings per share basis.

The company employs 6,200 workers across the globe.

Newmark Group's mailing address is 125 PARK AVENUE, NEW YORK NY, 10017. The official website for the company is www.ngkf.com. The company can be reached via phone at (121) 237-2200.