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

$14.58 -0.22 (-1.49 %)
(As of 02/23/2018 11:49 AM ET)
Previous Close$14.58
Today's Range$14.50 - $15.27
52-Week Range$13.72 - $16.98
Volume249,200 shs
Average Volume524,628 shs
Market Capitalization$2.24 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About Newmark Group (NASDAQ:NMRK)

Newmark Group logoNewmark Group, Inc. is a commercial real estate services company. The Company is focused on offering products and services to both owners and occupiers across the entire commercial real estate industry. Its investor/owner services and products include capital markets, which consists of investment sales, debt and structured finance and loan sales, agency leasing, property management, valuation and advisory, diligence and underwriting and government-sponsored enterprise lending and loan servicing. Its occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management.

Receive NMRK News and Ratings via Email

Sign-up to receive the latest news and ratings for NMRK and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Real Estate Services
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:NMRK
CUSIPN/A
Phone212-372-2000

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio9.72
P/E Growth0.48

Sales & Book Value

Annual Sales$1.60 billion
Price / Sales1.38
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees4,600
Outstanding Shares151,430,000

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 Inc (NASDAQ:NMRK) released its earnings results on Friday, February, 9th. The company reported $0.30 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.30. The firm earned $460.60 million during the quarter, compared to analysts' expectations of $428.10 million. During the same period in the prior year, the business earned $0.31 earnings per share. View Newmark Group's Earnings History.

Where is Newmark Group's stock going? Where will Newmark Group's stock price be in 2018?

6 equities research analysts have issued twelve-month target prices for Newmark Group's stock. Their forecasts range from $17.00 to $24.00. On average, they expect Newmark Group's stock price to reach $20.08 in the next year. View Analyst Ratings for Newmark Group.

Are investors shorting Newmark Group?

Newmark Group saw a drop in short interest during the month of January. As of January 12th, there was short interest totalling 181,808 shares, a drop of 64.2% from the December 29th total of 507,160 shares. Based on an average trading volume of 874,578 shares, the short-interest ratio is presently 0.2 days. Currently, 0.9% of the company's shares are sold short.

Who are some of Newmark Group's key competitors?

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.

When did Newmark Group's quiet period expire?

Newmark Group's quiet period expired on Wednesday, January 24th. Newmark Group had issued 20,000,000 shares in its initial public offering on December 15th. The total size of the offering was $280,000,000 based on an initial share price of $14.00. During Newmark Group's quiet period, underwriters and any insiders involved in the IPO were restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

Who owns Newmark Group stock?

Newmark Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Cardinal Capital Management LLC CT (1.08%), Zimmer Partners LP (1.06%), The Manufacturers Life Insurance Company (0.86%), Gratia Capital LLC (0.86%), Long Pond Capital LP (0.66%) and Shellback Capital LP (0.44%). View Institutional Ownership Trends for Newmark Group.

Who bought Newmark Group stock? Who is buying Newmark Group stock?

Newmark Group's stock was purchased by a variety of institutional investors in the last quarter, including Cardinal Capital Management LLC CT, Zimmer Partners LP, The Manufacturers Life Insurance Company , Gratia Capital LLC, Long Pond Capital LP, Shellback Capital LP, Monashee Investment Management LLC and Three Corner Global Investors LP. View Insider Buying and Selling for Newmark Group.

How do I buy Newmark Group stock?

Shares of Newmark Group 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 Newmark Group stock can currently be purchased for approximately $14.58.

How big of a company is Newmark Group?

Newmark Group has a market capitalization of $2.24 billion and generates $1.60 billion in revenue each year. Newmark Group employs 4,600 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 212-372-2000.


MarketBeat Community Rating for Newmark Group (NMRK)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  19 (Vote Outperform)
Underperform Votes:  21 (Vote Underperform)
Total Votes:  40
MarketBeat's community ratings are surveys of what our community members think about Newmark Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Newmark Group (NASDAQ:NMRK) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyN/AN/A
Consensus Rating Score: 2.832.80N/AN/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)
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)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $20.08$19.90N/AN/A
Price Target Upside: 33.89% upside27.89% upsideN/AN/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 James FinancialInitiated 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 Sachs GroupInitiated CoverageBuy -> Buy$24.00N/AView Rating Details
(Data available from 2/23/2016 forward)

Earnings

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

Earnings by Quarter for Newmark Group (NASDAQ:NMRK)

Newmark Group (NASDAQ NMRK) Earnings 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)

Estimates

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
(Earnings estimates data provided by Zacks Investment Research)

Dividends

Dividend History for Newmark Group (NASDAQ:NMRK)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Newmark Group (NASDAQ NMRK)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

Newmark Group (NASDAQ NMRK) News Headlines

Source:
DateHeadline
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
Comparing Newmark Group (NMRK) and Its CompetitorsComparing Newmark Group (NMRK) and Its Competitors
www.americanbankingnews.com - January 29 at 9:16 PM
Newmark Group Inc (NMRK) Sees Large Drop in Short InterestNewmark Group Inc (NMRK) Sees Large Drop in Short Interest
www.americanbankingnews.com - January 29 at 1:40 AM
Brokerages Anticipate Newmark Group Inc (NMRK) to Announce $0.31 Earnings Per ShareBrokerages Anticipate Newmark Group Inc (NMRK) to Announce $0.31 Earnings Per Share
www.americanbankingnews.com - January 25 at 5:29 PM
Reviewing CBRE Group (CBG) & Newmark Group (NMRK)Reviewing CBRE Group (CBG) & Newmark Group (NMRK)
www.americanbankingnews.com - January 25 at 9:22 AM
Comparing Newmark Group (NMRK) & The CompetitionComparing Newmark Group (NMRK) & The Competition
www.americanbankingnews.com - January 23 at 5:06 AM
Comparing Newmark Group (NMRK) and Its RivalsComparing Newmark Group (NMRK) and Its Rivals
www.americanbankingnews.com - January 23 at 3:24 AM
Newmark Knight Frank Announces New Venture with E Smith Legacy Holdings LLCNewmark Knight Frank Announces New Venture with E Smith Legacy Holdings LLC
finance.yahoo.com - January 18 at 8:04 AM
Newmark Group Incs (NMRK) Quiet Period To Expire  on January 24thNewmark Group Inc's (NMRK) Quiet Period To Expire on January 24th
www.americanbankingnews.com - January 17 at 1:14 AM
Head-To-Head Review: Newmark Group (NMRK) vs. Landmark Infrastructure Partners (LMRK)Head-To-Head Review: Newmark Group (NMRK) vs. Landmark Infrastructure Partners (LMRK)
www.americanbankingnews.com - January 15 at 7:14 PM
Newmark Group (NMRK) vs. Its Rivals Head to Head AnalysisNewmark Group (NMRK) vs. Its Rivals Head to Head Analysis
www.americanbankingnews.com - January 11 at 7:34 PM
Newmark Group Inc Expected to Earn FY2017 Earnings of $0.97 Per Share (NMRK)Newmark Group Inc Expected to Earn FY2017 Earnings of $0.97 Per Share (NMRK)
www.americanbankingnews.com - January 11 at 7:44 AM
Newmark Group (NMRK) versus Its Rivals Financial ContrastNewmark Group (NMRK) versus Its Rivals Financial Contrast
www.americanbankingnews.com - January 10 at 9:16 PM
Wedbush Securities Equity Research Initiates Coverage on Newmark GroupWedbush Securities Equity Research Initiates Coverage on Newmark Group
www.bizjournals.com - January 10 at 6:46 PM
 Newmark Group Inc (NMRK) Receives Consensus Recommendation of "Buy" from Analysts Newmark Group Inc (NMRK) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - January 10 at 10:38 AM
Analyst Likes The Business Mix and Growth Profile Of Newmark GroupAnalyst Likes The Business Mix and Growth Profile Of Newmark Group
finance.yahoo.com - January 10 at 9:45 AM
Head-To-Head Comparison: Newmark Group (NMRK) vs. The CompetitionHead-To-Head Comparison: Newmark Group (NMRK) vs. The Competition
www.americanbankingnews.com - January 9 at 5:40 PM
Newmark Group (NMRK) Coverage Initiated at Sandler ONeillNewmark Group (NMRK) Coverage Initiated at Sandler O'Neill
www.americanbankingnews.com - January 9 at 10:36 AM
Newmark Group Plans $615 Million IPO for December 15th (NMRK)Newmark Group Plans $615 Million IPO for December 15th (NMRK)
www.americanbankingnews.com - December 7 at 1:10 AM

SEC Filings

Newmark Group (NASDAQ:NMRK) SEC Filings

This page is loading this company's SEC Filings. Please wait...

Social Media

Financials

Financials are not available for this stock.

Chart

Newmark Group (NASDAQ NMRK) Stock Chart for Friday, February, 23, 2018

Loading chart…

This page was last updated on 2/23/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.