NASDAQ:NMRK Newmark Group - NMRK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Newmark Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $8.57 +0.17 (+2.02%) (As of 01/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$8.38▼$8.6050-Day Range$7.78▼$8.9552-Week Range$7.41▼$18.43Volume3.35 million shsAverage Volume806,215 shsMarket Capitalization$1.47 billionP/E Ratio7.45Dividend Yield1.40%Price Target$11.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Newmark Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside31.3% Upside$11.25 Price TargetShort InterestHealthy1.78% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.14Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth-10.67%From $1.50 to $1.34 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.85 out of 5 starsFinance Sector104th out of 897 stocksReal Estate Agents & Managers Industry1st out of 14 stocks 3.0 Analyst's Opinion Consensus RatingNewmark Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.25, Newmark Group has a forecasted upside of 31.3% from its current price of $8.57.Amount of Analyst CoverageNewmark Group has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.78% of the float of Newmark Group has been sold short.Short Interest Ratio / Days to CoverNewmark Group has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Newmark Group has recently decreased by 13.38%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldNewmark Group pays a meaningful dividend of 1.40%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNewmark Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Newmark Group is 10.43%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Newmark Group will have a dividend payout ratio of 8.96% next year. This indicates that Newmark Group will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NMRK. Previous Next 2.9 News and Social Media Coverage News SentimentNewmark Group has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Newmark Group this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for NMRK on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Newmark Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Newmark Group insiders have not sold or bought any company stock.Percentage Held by Insiders44.77% of the stock of Newmark Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions55.36% of the stock of Newmark Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Newmark Group are expected to decrease by -10.67% in the coming year, from $1.50 to $1.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Newmark Group is 7.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Newmark Group is 7.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 188.07.Price to Book Value per Share RatioNewmark Group has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Newmark Group (NASDAQ:NMRK) StockNewmark 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; account and transaction management; and lease administration and facilities management services. The company provides its services to commercial real estate tenants, investors, owners, occupiers, and developers, as well as lenders and multi-national corporations. As of December 31, 2021, it operated approximately 160 offices on four 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.Read More Receive NMRK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Newmark Group and its competitors with MarketBeat's FREE daily newsletter. Email Address NMRK Stock News HeadlinesJanuary 30, 2023 | finance.yahoo.comRedfin (RDFN) Moves 19.7% Higher: Will This Strength Last?January 27, 2023 | bizjournals.comExclusive: Newmark nabs David Baker from Transwestern for new office landlord divisionFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 25, 2023 | finance.yahoo.comNewmark Secures $400 Million Freddie Mac Tenant Advancement Commitment for Comunidad PartnersJanuary 19, 2023 | finance.yahoo.comCantor Fitzgerald Announces the Sale of Rivertop Apartments in Nashville, TennesseeJanuary 15, 2023 | finance.yahoo.comIs Newmark Group, Inc. (NASDAQ:NMRK) Trading At A 45% Discount?January 12, 2023 | finance.yahoo.comMorgan Stanley paid $68M for a Menlo Park medical buildingJanuary 10, 2023 | finance.yahoo.comNewmark Appoints Chris Carver as Head of Asia-Pacific for its Valuation & Advisory PracticeFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 10, 2023 | finanznachrichten.deNewmark Group, Inc.: Newmark Launches Data Visualization Technology, Newlitic, to Empower Corporate Real Estate ManagementJanuary 10, 2023 | finance.yahoo.comNewmark Launches Data Visualization Technology, Newlitic, to Empower Corporate Real Estate ManagementDecember 22, 2022 | finance.yahoo.comNewmark Arranges $535.8 Million Acquisition and Redevelopment Financing for US' Largest Ever Office-to-Residential ConversionDecember 22, 2022 | finance.yahoo.comCantor Fitzgerald Announces the Sale of 865 Bellevue Apartments in Nashville, TennesseeDecember 21, 2022 | finance.yahoo.comNewmark Introduces National Single Family Rental GroupDecember 12, 2022 | msn.com6 Analysts Have This to Say About Newmark GroupDecember 12, 2022 | msn.comGoldman Sachs downgrades Newmark to Sell from NeutralDecember 8, 2022 | finance.yahoo.comShareholders in Newmark Group (NASDAQ:NMRK) are in the red if they invested a year agoNovember 30, 2022 | finance.yahoo.comCargo volume growth at East Coast, Gulf ports helps bolster those industrial marketsNovember 29, 2022 | finance.yahoo.comNewmark Facilitates $127 Million Financing of Iconic SoHo Mixed-Use Property, Prada's NYC FlagshipNovember 25, 2022 | bizjournals.comSee why Orlando missed out on ACC's HQ relocationNovember 24, 2022 | finance.yahoo.comShould We Be Delighted With Newmark Group, Inc.'s (NASDAQ:NMRK) ROE Of 19%?November 18, 2022 | finance.yahoo.comNewmark Arranges $150 Million Financing of 295 Fifth Avenue in ManhattanNovember 10, 2022 | finance.yahoo.comNewmark Group Third Quarter 2022 Earnings: Misses ExpectationsNovember 9, 2022 | finance.yahoo.comBullish Newmark Group, Inc. (NASDAQ:NMRK) investors are yet to receive a pay off on their US$15m betNovember 7, 2022 | finance.yahoo.comNewmark Arranges $360 Million Financing for Self-Storage Portfolio on Behalf of Angelo Gordon and Andover PropertiesOctober 31, 2022 | markets.businessinsider.com4 Analysts Have This to Say About Newmark GroupOctober 29, 2022 | seekingalpha.comNewmark Group, Inc. (NMRK) Q3 2022 Earnings Call TranscriptSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NMRK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Newmark Group and its competitors with MarketBeat's FREE daily newsletter. Email Address NMRK Company Calendar Last Earnings11/05/2021Ex-Dividend for 11/30 Dividend11/09/2022Dividend Payable11/30/2022Today2/01/2023Next Earnings (Estimated)2/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate agents & managers Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:NMRK CUSIPN/A CIK1690680 Webwww.ngkf.com Phone(121) 237-2200FaxN/AEmployees6,200Year FoundedN/APrice Target and Rating Average Stock Price Forecast$11.25 High Stock Price Forecast$17.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+31.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.15 Trailing P/E Ratio7.45 Forward P/E Ratio5.71 P/E GrowthN/ANet Income$750.73 million Net Margins7.34% Pretax Margin11.60% Return on Equity27.92% Return on Assets9.23% Debt Debt-to-Equity Ratio0.37 Current Ratio0.44 Quick Ratio0.44 Sales & Book Value Annual Sales$2.91 billion Price / Sales0.51 Cash Flow$3.31 per share Price / Cash Flow2.59 Book Value$8.78 per share Price / Book0.98Miscellaneous Outstanding Shares171,840,000Free Float94,907,000Market Cap$1.47 billion OptionableOptionable Beta1.71 Key ExecutivesMr. Howard W. Lutnick (Age 61)Chairman & PEO Comp: $30MMr. Barry M. Gosin (Age 72)Chief Exec. Officer Comp: $12.61MMr. Michael J. Rispoli CPA (Age 51)Chief Financial Officer Comp: $1.73MMr. Stephen Marcus Merkel (Age 64)Exec. VP, Chief Legal Officer & Assistant Corp. Sec. Comp: $1.5MMr. James D. Kuhn FRICSPres & Head of Investor ServicesMr. Sridhar PotineniChief Information OfficerMr. Roger Ethan Anscher J.D.Chief Admin. OfficerMr. Jason Edward HarbesVP of Investor RelationsMr. Jason A. McGruderHead of Investor RelationsMs. Karen Laureano-RikardsenChief Communications OfficerMore ExecutivesKey CompetitorsMarcus & MillichapNYSE:MMIAnywhere Real EstateNYSE:HOUSeXp WorldNASDAQ:EXPIRedfinNASDAQ:RDFNRE/MAXNYSE:RMAXView All CompetitorsInsiders & InstitutionsNew York State Common Retirement FundBought 105,581 shares on 1/30/2023Ownership: 0.154%New York State Teachers Retirement SystemBought 12,500 shares on 1/27/2023Ownership: 0.007%Comerica BankSold 90,150 shares on 1/26/2023Ownership: 0.047%Strs OhioSold 3,900 shares on 1/26/2023Ownership: 0.017%Ceredex Value Advisors LLCBought 14,684 shares on 1/23/2023Ownership: 0.749%View All Insider TransactionsView All Institutional Transactions NMRK Stock - Frequently Asked Questions Should I buy or sell Newmark Group stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last twelve months. There are currently 1 sell rating, 2 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. View NMRK analyst ratings or view top-rated stocks. What is Newmark Group's stock price forecast for 2023? 4 equities research analysts have issued 12 month price objectives for Newmark Group's stock. Their NMRK share price forecasts range from $8.00 to $17.00. On average, they expect the company's stock price to reach $11.25 in the next twelve months. This suggests a possible upside of 31.3% from the stock's current price. View analysts price targets for NMRK or view top-rated stocks among Wall Street analysts. How have NMRK shares performed in 2023? Newmark Group's stock was trading at $7.97 at the start of the year. Since then, NMRK stock has increased by 7.5% and is now trading at $8.57. View the best growth stocks for 2023 here. When is Newmark Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, February 10th 2023. View our NMRK earnings forecast. How were Newmark Group's earnings last quarter? Newmark Group, Inc. (NASDAQ:NMRK) posted its quarterly earnings data on Friday, November, 5th. The company reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.13. The company had revenue of $788.13 million for the quarter, compared to analyst estimates of $679.95 million. Newmark Group had a net margin of 7.34% and a trailing twelve-month return on equity of 27.92%. The firm's revenue was up 80.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.44 EPS. How often does Newmark Group pay dividends? What is the dividend yield for Newmark Group? Newmark Group announced a quarterly dividend on Friday, October 28th. Shareholders of record on Friday, November 11th will be paid a dividend of $0.03 per share on Wednesday, November 30th. This represents a $0.12 annualized dividend and a yield of 1.40%. The ex-dividend date is Wednesday, November 9th. Read our dividend analysis for NMRK. Is Newmark Group a good dividend stock? Newmark Group (NASDAQ:NMRK) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.40%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMRK will have a dividend payout ratio of 8.96% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NMRK. What guidance has Newmark Group issued on next quarter's earnings? Newmark Group updated its FY 2022 earnings guidance on Sunday, November, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.70 billion-$2.80 billion, compared to the consensus revenue estimate of $2.99 billion. What is Barry M. Gosin's approval rating as Newmark Group's CEO? 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. 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 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. 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 many different retail and institutional investors. Top institutional shareholders include Ceredex Value Advisors LLC (0.75%), New York State Common Retirement Fund (0.15%), Comerica Bank (0.05%), Strs Ohio (0.02%), Counterpoint Mutual Funds LLC (0.01%) and New York State Teachers Retirement System (0.01%). View institutional ownership trends. How do I buy shares of Newmark Group? 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. Compare Top Brokerages Here. What is Newmark Group's stock price today? One share of NMRK stock can currently be purchased for approximately $8.57. How much money does Newmark Group make? Newmark Group (NASDAQ:NMRK) has a market capitalization of $1.47 billion and generates $2.91 billion in revenue each year. The company earns $750.73 million in net income (profit) each year or $1.15 on an earnings per share basis. How many employees does Newmark Group have? The company employs 6,200 workers across the globe. How can I contact Newmark Group? 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. This page (NASDAQ:NMRK) was last updated on 2/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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