NASDAQ:NMRK - Newmark Group Stock Price, Price Target & More

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$13.87 -0.05 (-0.36 %)
(As of 05/25/2018 04:00 PM ET)
Previous Close$13.87
Today's Range$13.78 - $14.06
52-Week Range$13.72 - $16.98
Volume228,587 shs
Average Volume303,966 shs
Market Capitalization$2.15 billion
P/E RatioN/A
Dividend Yield2.59%
BetaN/A

About Newmark Group (NASDAQ:NMRK)

Newmark Group logoNewmark Group, Inc. provides commercial real estate services in the United States and internationally. Its investor/owner services and products include capital markets, such as investment sales; and agency leasing, property management, valuation and advisory, and diligence and underwriting, as well as government sponsored enterprise lending, loan servicing, debt and structured finance, and loan sales under the Berkeley Point and NKF Capital Markets names. The company's occupier services and products comprise tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration, and facilities management. It provides its services to commercial real estate tenants, owner-occupiers, investors, and developers. As of March 9, 2018, Newmark Group, Inc. operated approximately 400 offices in 6 continents. The company was formerly known as Newmark Knight Frank and changed its name to Newmark Group, Inc. in October 2017. The company was founded in 1929 and is headquartered in New York, New York. Newmark Group, Inc. is a subsidiary of BGC Partners, Inc.

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Industry, Sector and Symbol

Industry Real estate agents & managers
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:NMRK
CUSIPN/A
Phone212-372-2000

Debt

Debt-to-Equity Ratio1.14
Current Ratio0.34
Quick Ratio0.34

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio9.37
P/E Growth0.62

Sales & Book Value

Annual Sales$1.60 billion
Price / Sales1.34
Cash Flow$2.3311 per share
Price / Cash5.95
Book Value$3.43 per share
Price / Book4.04

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees4,800
Outstanding Shares154,760,000

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

Newmark Group announced a special dividend on Friday, May 4th. Shareholders of record on Monday, May 21st will be paid a dividend of $0.09 per share on Tuesday, June 5th. The ex-dividend date of this dividend is Friday, May 18th. View Newmark Group's Dividend History.

How were Newmark Group's earnings last quarter?

Newmark Group (NASDAQ:NMRK) posted its earnings results on Thursday, May, 3rd. The company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.01. The company earned $430.46 million during the quarter, compared to analysts' expectations of $387.75 million. View Newmark Group's Earnings History.

What price target have analysts set for NMRK?

6 brokerages have issued 1 year price targets for Newmark Group's stock. Their forecasts range from $17.00 to $24.00. On average, they expect Newmark Group's share price to reach $20.0833 in the next year. View Analyst Ratings for Newmark Group.

Are investors shorting Newmark Group?

Newmark Group saw a decrease in short interest during the month of May. As of May 15th, there was short interest totalling 513,125 shares, a decrease of 33.0% from the April 30th total of 766,001 shares. Based on an average trading volume of 382,952 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.2% of the company's stock are sold short.

Who are some of Newmark Group's key competitors?

Who are Newmark Group's key executives?

Newmark Group's management team includes the folowing people:
  • Mr. Barry M. Gosin, Chief Exec. Officer (Age 67)
  • Mr. James R. Ficarro, Chief Operating Officer (Age 58)
  • Mr. Michael J. Rispoli, Chief Financial Officer (Age 46)

When did Newmark Group IPO?

(NMRK) raised $615 million in an initial public offering 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) acted as the underwriters for the IPO and Sandler O’Neill + Partners, Raymond James, Regions Securities, CastleOak Securities and Wedbush Securities were co-managers.

When does the company's lock-up period expire?

Newmark Group's lock-up period expires on Wednesday, June 13th. Newmark Group had issued 20,000,000 shares in its IPO on December 15th. The total size of the offering was $280,000,000 based on an initial share price of $14.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Has Newmark Group been receiving favorable news coverage?

Press coverage about NMRK stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Newmark Group earned a coverage optimism score of 0.02 on Accern's scale. They also gave media stories about the company an impact score of 47.43 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Newmark Group's major shareholders?

Newmark Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.90%), Gratia Capital LLC (1.01%), Cardinal Capital Management LLC CT (0.58%), The Manufacturers Life Insurance Company (0.52%), Systematic Financial Management LP (0.50%) and Jacobs Asset Management LLC (0.47%). View Institutional Ownership Trends for Newmark Group.

Which major investors are selling Newmark Group stock?

NMRK stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Cardinal Capital Management LLC CT and The Manufacturers Life Insurance Company . View Insider Buying and Selling for Newmark Group.

Which major investors are buying Newmark Group stock?

NMRK stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Systematic Financial Management LP, Jacobs Asset Management LLC, Millennium Management LLC, Northern Trust Corp, Schwab Charles Investment Management Inc., Uniplan Investment Counsel Inc. and River Road Asset Management LLC. View Insider Buying and Selling for Newmark Group.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Newmark Group's stock price today?

One share of NMRK stock can currently be purchased for approximately $13.87.

How big of a company is Newmark Group?

Newmark Group has a market capitalization of $2.15 billion and generates $1.60 billion in revenue each year. The company earns $144.49 million in net income (profit) each year or $1.15 on an earnings per share basis. Newmark Group employs 4,800 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:  1.9 out of 5 (star)
Outperform Votes:  43 (Vote Outperform)
Underperform Votes:  68 (Vote Underperform)
Total Votes:  111
MarketBeat's community ratings are surveys of what our community members think about Newmark Group and other stocks. Vote "Outperform" if you believe NMRK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NMRK will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Newmark Group (NASDAQ:NMRK) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
6 Wall Street analysts have issued ratings and price targets for Newmark Group in the last 12 months. Their average twelve-month price target is $20.0833, suggesting that the stock has a possible upside of 44.80%. The high price target for NMRK is $24.00 and the low price target for NMRK is $17.00. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyN/A
Consensus Rating Score: 2.672.832.83N/A
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
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)
5 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: $20.0833$20.0833$20.0833N/A
Price Target Upside: 44.80% upside33.89% upside33.89% upsideN/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
5/4/2018Sandler O'NeillDowngradeBuy ➝ HoldHighView Rating Details
2/12/2018WedbushReiterated RatingOutperform$20.00HighView Rating Details
2/6/2018Raymond JamesInitiated CoverageOutperform$21.00LowView 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 5/26/2016 forward)

Earnings

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

Earnings by Quarter for Newmark Group (NASDAQ:NMRK)

Newmark Group (NASDAQ:NMRK) Earnings Estimates

2018 EPS Consensus Estimate: $1.55
2019 EPS Consensus Estimate: $1.94
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.31$0.31$0.31
Q2 20181$0.48$0.48$0.48
Q3 20181$0.46$0.46$0.46
Q4 20181$0.30$0.30$0.30
Q1 20191$0.34$0.34$0.34
Q2 20191$0.38$0.38$0.38
Q3 20191$0.79$0.79$0.79
Q4 20191$0.43$0.43$0.43

Newmark Group (NASDAQ NMRK) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2018Q1 2018$0.23$0.22$387.75 million$430.46 millionViewN/AView Earnings Details
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)

Dividends

Newmark Group (NASDAQ:NMRK) Dividend Information

Newmark Group pays an annual dividend of $0.36 per share, with a dividend yield of 2.60%. NMRK's next special dividend payment will be made on Tuesday, June 5. Newmark Group pays out 31.30% of its earnings out as a dividend.
Next Dividend:6/5/2018
Annual Dividend:$0.36
Dividend Yield:2.60%
Payout Ratio(s):31.30% (Trailing 12 Months of Earnings)
24.32% (Based on This Year's Estimates)
19.57% (Based on Next Year's Estimates)
15.44% (Based on Cash Flow)
Dividend Payments by Quarter for Newmark Group (NASDAQ:NMRK)

Newmark Group (NASDAQ:NMRK) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/4/2018special$0.095/18/20185/21/20186/5/2018
(Data available from 1/1/2013 forward)

Insider Trades

Newmark Group (NASDAQ NMRK) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 15.25%
Insider Trading History for Newmark Group (NASDAQ:NMRK)
Institutional Ownership by Quarter for Newmark Group (NASDAQ:NMRK)

Newmark Group (NASDAQ NMRK) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Newmark Group (NASDAQ NMRK) News Headlines

Source:
DateHeadline
Zacks: Analysts Expect Newmark Group (NMRK) to Announce $0.31 EPSZacks: Analysts Expect Newmark Group (NMRK) to Announce $0.31 EPS
www.americanbankingnews.com - May 25 at 7:16 PM
Newmark Group goes ex-dividend tomorrowNewmark Group goes ex-dividend tomorrow
seekingalpha.com - May 17 at 4:15 PM
Newmark Group (NMRK) Receives Consensus Recommendation of "Buy" from BrokeragesNewmark Group (NMRK) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 17 at 12:04 PM
Comparing Newmark Group (NMRK) & Redfin (RDFN)Comparing Newmark Group (NMRK) & Redfin (RDFN)
www.americanbankingnews.com - May 16 at 1:29 PM
[$$] Newmark Raids Eastdil Secured for Hotel Sales Team[$$] Newmark Raids Eastdil Secured for Hotel Sales Team
finance.yahoo.com - May 15 at 4:22 PM
Critical Comparison: Redfin (RDFN) versus Newmark Group (NMRK)Critical Comparison: Redfin (RDFN) versus Newmark Group (NMRK)
www.americanbankingnews.com - May 14 at 7:06 PM
Newmark Group (NMRK) Short Interest UpdateNewmark Group (NMRK) Short Interest Update
www.americanbankingnews.com - May 14 at 1:10 AM
As one of Columbus largest brokerages rebrands, a focus on growthAs one of Columbus' largest brokerages rebrands, a focus on growth
www.bizjournals.com - May 11 at 10:58 AM
 Brokerages Expect Newmark Group (NMRK) Will Announce Quarterly Sales of $465.95 Million Brokerages Expect Newmark Group (NMRK) Will Announce Quarterly Sales of $465.95 Million
www.americanbankingnews.com - May 10 at 3:50 AM
Head-To-Head Review: Newmark Group (NMRK) versus Interval Leisure Group (ILG)Head-To-Head Review: Newmark Group (NMRK) versus Interval Leisure Group (ILG)
www.americanbankingnews.com - May 9 at 1:06 AM
Zacks: Brokerages Anticipate Newmark Group (NMRK) Will Post Earnings of $0.31 Per ShareZacks: Brokerages Anticipate Newmark Group (NMRK) Will Post Earnings of $0.31 Per Share
www.americanbankingnews.com - May 8 at 3:19 PM
Newmark Group Expected to Earn Q3 2018 Earnings of $0.46 Per Share (NMRK)Newmark Group Expected to Earn Q3 2018 Earnings of $0.46 Per Share (NMRK)
www.americanbankingnews.com - May 7 at 3:06 AM
Newmark Groups (NMRK) CEO Barry Gosin on Q1 2018 Results - Earnings Call TranscriptNewmark Group's (NMRK) CEO Barry Gosin on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - May 6 at 5:05 PM
Newmark Group (NMRK) Upgraded to "Hold" by Zacks Investment ResearchNewmark Group (NMRK) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - May 5 at 12:53 PM
Newmark Group (NMRK) Announces Quarterly  Earnings Results, Misses Estimates By $0.01 EPSNewmark Group (NMRK) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS
www.americanbankingnews.com - May 4 at 8:15 PM
Newmark Group Plans Special Dividend of $0.09 (NMRK)Newmark Group Plans Special Dividend of $0.09 (NMRK)
www.americanbankingnews.com - May 4 at 6:27 PM
Newmark Group (NMRK) Downgraded by Sandler ONeillNewmark Group (NMRK) Downgraded by Sandler O'Neill
www.americanbankingnews.com - May 4 at 6:01 PM
Sandler ONeill Downgrades Newmark Group, Inc. (NMRK) to HoldSandler O'Neill Downgrades Newmark Group, Inc. (NMRK) to Hold
www.streetinsider.com - May 4 at 4:04 PM
Newmark Group: 1Q Earnings SnapshotNewmark Group: 1Q Earnings Snapshot
finance.yahoo.com - May 3 at 4:05 PM
Newmark Group beats by $0.03, beats on revenueNewmark Group beats by $0.03, beats on revenue
seekingalpha.com - May 3 at 9:44 AM
ValuEngine Downgrades Newmark Group (NMRK) to HoldValuEngine Downgrades Newmark Group (NMRK) to Hold
www.americanbankingnews.com - May 2 at 11:11 PM
Critical Survey: Newmark Group (NMRK) and Realogy (RLGY)Critical Survey: Newmark Group (NMRK) and Realogy (RLGY)
www.americanbankingnews.com - May 1 at 5:10 PM
Newmark Group (NMRK) Short Interest Down 34.1% in AprilNewmark Group (NMRK) Short Interest Down 34.1% in April
www.americanbankingnews.com - April 29 at 2:44 AM
Newmark Group (NMRK) Expected to Announce Quarterly Sales of $387.75 MillionNewmark Group (NMRK) Expected to Announce Quarterly Sales of $387.75 Million
www.americanbankingnews.com - April 23 at 4:19 AM
Newmark Group (NMRK) Receives Consensus Rating of "Buy" from AnalystsNewmark Group (NMRK) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - April 22 at 9:12 AM
$0.23 Earnings Per Share Expected for Newmark Group (NMRK) This Quarter$0.23 Earnings Per Share Expected for Newmark Group (NMRK) This Quarter
www.americanbankingnews.com - April 21 at 9:14 AM
Redfin (RDFN) versus Newmark Group (NMRK) Head-To-Head ContrastRedfin (RDFN) versus Newmark Group (NMRK) Head-To-Head Contrast
www.americanbankingnews.com - April 18 at 3:04 AM
Newmark Group (NMRK) Downgraded by Zacks Investment Research to SellNewmark Group (NMRK) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - April 17 at 8:05 AM
Short Interest in Newmark Group (NMRK) Expands By 1,399.9%Short Interest in Newmark Group (NMRK) Expands By 1,399.9%
www.americanbankingnews.com - April 13 at 2:10 AM
Are Newmark Group Inc’s (NASDAQ:NMRK) Interest Costs Too High?Are Newmark Group Inc’s (NASDAQ:NMRK) Interest Costs Too High?
finance.yahoo.com - April 12 at 10:54 AM
Pittsburgh office of Integra Realty Resources acquiredPittsburgh office of Integra Realty Resources acquired
finance.yahoo.com - April 11 at 4:07 PM
Reviewing Interval Leisure Group (ILG) and Newmark Group (NMRK)Reviewing Interval Leisure Group (ILG) and Newmark Group (NMRK)
www.americanbankingnews.com - April 11 at 3:30 AM
 Brokerages Expect Newmark Group Inc (NMRK) Will Announce Quarterly Sales of $387.75 Million Brokerages Expect Newmark Group Inc (NMRK) Will Announce Quarterly Sales of $387.75 Million
www.americanbankingnews.com - April 6 at 3:44 AM
Newmark Group Inc (NMRK) Expected to Announce Earnings of $0.23 Per ShareNewmark Group Inc (NMRK) Expected to Announce Earnings of $0.23 Per Share
www.americanbankingnews.com - April 4 at 11:38 AM
Newmark Group (NMRK) Raised to Buy at Zacks Investment ResearchNewmark Group (NMRK) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - April 4 at 9:54 AM
Newmark Group (NMRK) Now Covered by Keefe, Bruyette & WoodsNewmark Group (NMRK) Now Covered by Keefe, Bruyette & Woods
www.americanbankingnews.com - March 30 at 12:33 PM
Newmark Group (NMRK) Coverage Initiated at Goldman SachsNewmark Group (NMRK) Coverage Initiated at Goldman Sachs
www.americanbankingnews.com - March 30 at 12:12 PM
Newmark Group (NMRK) Receives New Coverage from Analysts at WedbushNewmark Group (NMRK) Receives New Coverage from Analysts at Wedbush
www.americanbankingnews.com - March 30 at 12:56 AM
Newmark Group (NMRK) Coverage Initiated at Bank of AmericaNewmark Group (NMRK) Coverage Initiated at Bank of America
www.americanbankingnews.com - March 29 at 11:52 PM
Newmark Group (NMRK) Rating Lowered to Hold at Zacks Investment ResearchNewmark Group (NMRK) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 29 at 11:09 AM
Newmark Group (NMRK) Upgraded by Zacks Investment Research to "Buy"Newmark Group (NMRK) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - March 28 at 10:32 AM
Newmark Group Inc (NMRK) Given Average Rating of "Buy" by AnalystsNewmark Group Inc (NMRK) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - March 28 at 9:44 AM
Zacks Investment Research Lowers Newmark Group (NMRK) to HoldZacks Investment Research Lowers Newmark Group (NMRK) to Hold
www.americanbankingnews.com - March 21 at 8:22 PM
Newmark Group (NMRK) Rating Increased to Buy at Zacks Investment ResearchNewmark Group (NMRK) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - March 20 at 10:48 AM
$0.23 Earnings Per Share Expected for Newmark Group Inc (NMRK) This Quarter$0.23 Earnings Per Share Expected for Newmark Group Inc (NMRK) This Quarter
www.americanbankingnews.com - March 18 at 10:20 AM
Financial Contrast: Colliers International Group (CIGI) and Newmark Group (NMRK)Financial Contrast: Colliers International Group (CIGI) and Newmark Group (NMRK)
www.americanbankingnews.com - March 9 at 3:16 AM
Anthony Orso Joins NKF Capital Markets as President of Capital Markets StrategiesAnthony Orso Joins NKF Capital Markets as President of Capital Markets Strategies
finance.yahoo.com - March 7 at 10:07 AM
BGC Partners And Newmark Group To Repay Remaining Balance Of $575 Million Unsecured Senior Term LoanBGC Partners And Newmark Group To Repay Remaining Balance Of $575 Million Unsecured Senior Term Loan
finance.yahoo.com - March 7 at 10:07 AM
HGI Capital Management LLC Buys New Stake in Newmark Group Inc (NMRK)HGI Capital Management LLC Buys New Stake in Newmark Group Inc (NMRK)
www.americanbankingnews.com - March 6 at 2:22 PM
Long Pond Capital LP Invests $15.90 Million in Newmark Group Inc (NMRK) StockLong Pond Capital LP Invests $15.90 Million in Newmark Group Inc (NMRK) Stock
www.americanbankingnews.com - March 5 at 1:08 PM

SEC Filings

Newmark Group (NASDAQ:NMRK) SEC Filings

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Social Media

Financials

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Chart

Newmark Group (NASDAQ NMRK) Stock Chart for Saturday, May, 26, 2018

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This page was last updated on 5/26/2018 by MarketBeat.com Staff

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