NASDAQ:NMRK

Newmark Group Stock Forecast, Price & News

$10.77
-0.06 (-0.55 %)
(As of 04/22/2021 12:00 AM ET)
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Today's Range
$10.61
Now: $10.77
$10.84
50-Day Range
$9.70
MA: $10.53
$11.21
52-Week Range
$3.22
Now: $10.77
$11.45
Volume538,590 shs
Average Volume871,114 shs
Market Capitalization$1.97 billion
P/E Ratio32.64
Dividend Yield0.37%
Beta1.85
Newmark Group, Inc. provides commercial real estate services in the United States and internationally. The company's investor/owner services and products include capital markets, such as investment, debt and structured finance, and loan sales; agency leasing, property management, and valuation and advisory; and commercial real estate due diligence consulting and advisory services, as well as government sponsored enterprise lending, loan servicing, mortgage broking, and equity-raising services. Its occupier services and products comprise tenant representation; real estate management technology systems; workplace and occupancy strategy; global corporate consulting; project management; and lease administration and facilities management services. The company provides its services to commercial real estate tenants, investors, owners, occupiers, and developers. As of December 31, 2020, it operated approximately 480 offices on six continents. The company was formerly known as Newmark Knight Frank and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York.
Newmark Group logo

Industry, Sector and Symbol

Industry Real estate agents & managers
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:NMRK
CUSIPN/A
Phone212-372-2000
Employees4,000
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.22 billion
Cash Flow$5.08 per share
Book Value$5.30 per share

Profitability

Net Income$117.31 million

Miscellaneous

Market Cap$1.97 billion
Next Earnings Date5/6/2021 (Confirmed)
OptionableOptionable

Headlines

Interesting NMRK Put Options For April 16th
March 31, 2021 |  nasdaq.com
Newmark Group: Q4 Earnings Insights
February 18, 2021 |  finance.yahoo.com
Earnings Preview: Newmark Group
February 17, 2021 |  benzinga.com
NMRK Jan 2021 10.000 put
January 17, 2021 |  uk.finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

2.01 out of 5 stars

Finance Sector

185th out of 1,947 stocks

Real Estate Agents & Managers Industry

1st out of 19 stocks

Analyst Opinion: 2.3Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 3.1 5 -4 -3 -2 -1 -
$10.77
-0.06 (-0.55 %)
(As of 04/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Newmark Group (NASDAQ:NMRK) Frequently Asked Questions

Is Newmark Group a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Newmark Group stock.
View analyst ratings for Newmark Group
or view top-rated stocks.

What stocks does MarketBeat like better than Newmark Group?

Wall Street analysts have given Newmark Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Newmark Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Newmark Group's next earnings date?

Newmark Group is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Newmark Group
.

How can I listen to Newmark Group's earnings call?

Newmark Group will be holding an earnings conference call on Thursday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Newmark Group's earnings last quarter?

Newmark Group, Inc. (NASDAQ:NMRK) issued its quarterly earnings results on Thursday, February, 18th. The company reported $0.30 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.25 by $0.05. The company had revenue of $601.43 million for the quarter, compared to the consensus estimate of $480.03 million. Newmark Group had a net margin of 3.60% and a trailing twelve-month return on equity of 33.13%.
View Newmark Group's earnings history
.

How has Newmark Group's stock been impacted by Coronavirus (COVID-19)?

Newmark Group's stock was trading at $7.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NMRK shares have increased by 53.6% and is now trading at $10.77.
View which stocks have been most impacted by COVID-19
.

How often does Newmark Group pay dividends? What is the dividend yield for Newmark Group?

Newmark Group declared a quarterly dividend on Friday, February 19th. Investors of record on Wednesday, March 10th will be given a dividend of $0.01 per share on Friday, March 26th. This represents a $0.04 annualized dividend and a yield of 0.37%. The ex-dividend date is Tuesday, March 9th.
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 0.37%. Newmark Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Newmark Group is 2.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Newmark Group will have a dividend payout ratio of 3.33% next year. This indicates that Newmark Group will be able to sustain or increase its dividend.
View Newmark Group's dividend history.

What price target have analysts set for NMRK?

6 equities research analysts have issued 12-month price targets for Newmark Group's stock. Their forecasts range from $4.50 to $20.00. On average, they anticipate Newmark Group's share price to reach $10.75 in the next twelve months. This suggests that the stock has a possible downside of 0.2%.
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:
  • Mr. Barry M. Gosin, Chief Exec. Officer (Age 70, Pay $11.62M)
  • Mr. Michael J. Rispoli, Chief Financial Officer (Age 49, Pay $1.32M)
  • Mr. Stephen Marcus Merkel, Exec. VP, Chief Legal Officer & Assistant Corp. Sec. (Age 62, Pay $1.38M)
  • Mr. James D. Kuhn, Pres & Head of Investor Services
  • Mr. Raj Bhatti, Chief Information Officer
  • Ms. Alison Lewis, Chief Admin. Officer
  • Mr. Jason Edward Harbes CFA, VP of Investor Relations
  • Joe Hudson, Chief HR Officer
  • Luis Alvarado, Chief Revenue Officer & East Region Market Leader
  • Mr. Jeffrey C. Day, Chief Strategy Officer and Pres & Head of Multifamily Capital Markets

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.

Who are some of Newmark Group's key competitors?

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 a price of $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 a variety of retail and institutional investors. Top institutional investors include Hillsdale Investment Management Inc. (0.06%).
View institutional ownership trends for Newmark Group
.

Which major investors are buying Newmark Group stock?

NMRK stock was purchased by a variety of institutional investors in the last quarter, including Hillsdale Investment Management Inc..
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 $10.77.

How much money does Newmark Group make?

Newmark Group has a market capitalization of $1.97 billion and generates $2.22 billion in revenue each year. The company earns $117.31 million in net income (profit) each year or $1.62 on an earnings per share basis.

How many employees does Newmark Group have?

Newmark Group employs 4,000 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 212-372-2000.


This page was last updated on 4/22/2021 by MarketBeat.com Staff
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