NASDAQ:NMRK - Newmark Group Stock Price, Forecast & News

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

Newmark Group declared a quarterly dividend on Friday, February 14th. Investors of record on Thursday, March 5th will be given a dividend of $0.10 per share on Monday, March 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date of this dividend is Wednesday, March 4th. View Newmark Group's Dividend History.

Newmark Group Inc (NASDAQ:NMRK) released its earnings results on Thursday, February, 13th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.55 by $0.03. The firm earned $632.40 million during the quarter, compared to analyst estimates of $665.84 million. Newmark Group had a net margin of 5.14% and a return on equity of 42.94%. The business's revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.45 earnings per share. View Newmark Group's Earnings History.

Newmark Group is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Newmark Group.

Newmark Group updated its FY20 earnings guidance on Thursday, February, 13th. The company provided earnings per share guidance of $1.70-1.76 for the period, compared to the Thomson Reuters consensus estimate of $1.76. The company issued revenue guidance of $2.4-2.5 billion, compared to the consensus revenue estimate of $2.38 billion.

4 equities research analysts have issued twelve-month target prices for Newmark Group's stock. Their forecasts range from $12.35 to $15.00. On average, they expect Newmark Group's stock price to reach $13.46 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price. View Analyst Price Targets for Newmark Group.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Newmark Group.

News stories about NMRK stock have trended somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Newmark Group earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Newmark Group.

Newmark Group saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 3,590,000 shares, an increase of 30.5% from the January 15th total of 2,750,000 shares. Based on an average daily trading volume, of 885,900 shares, the short-interest ratio is presently 4.1 days. Approximately 2.4% of the shares of the company are short sold. 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), eXp World (EXPI), Bluegreen Vacations (BXG), Re/Max (RMAX), 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), Alibaba Group (BABA), Cisco Systems (CSCO), General Electric (GE), Altria Group (MO), AT&T (T), AGNC Investment (AGNC), Walt Disney (DIS) 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) served 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 institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (5.07%), Bank of New York Mellon Corp (2.09%), Prudential Financial Inc. (1.73%), State Street Corp (1.70%), EJF Capital LLC (1.42%) and Goldman Sachs Group Inc. (0.77%). 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 EJF Capital LLC, CNH Partners LLC, Alberta Investment Management Corp, AlphaCrest Capital Management LLC, Sei Investments Co., Motley Fool Asset Management LLC, Bowling Portfolio Management LLC and Boston Partners. View Insider Buying and Selling for Newmark Group.

NMRK stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, Man Group plc, Panagora Asset Management Inc., Bank of New York Mellon Corp, First Trust Advisors LP, Bank of America Corp DE and Marshall Wace North America L.P.. 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 $11.67.

Newmark Group has a market capitalization of $2.10 billion and generates $2.22 billion in revenue each year. The company earns $108.16 million in net income (profit) each year or $1.62 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.