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

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

Newmark Group announced a special dividend on Friday, May 4th. Investors 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.

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

6 analysts have issued 1-year price objectives for Newmark Group's stock. Their forecasts range from $17.00 to $24.00. On average, they anticipate Newmark Group's share price to reach $20.0833 in the next twelve months. View Analyst Ratings for Newmark Group.

Newmark Group saw a decline in short interest during the month of April. As of April 30th, there was short interest totalling 766,001 shares, a decline of 39.9% from the April 13th total of 1,273,576 shares. Based on an average trading volume of 191,279 shares, the days-to-cover ratio is currently 4.0 days. Approximately 3.3% of the shares of the company are sold short.

Some companies that are related to Newmark Group include JLL (JLL), Interval Leisure Group (ILG), Marriott Vacations Worldwide (VAC), Realogy (RLGY), Redfin (RDFN), Bluegreen Vacations Unlimited (BXG), Marcus & Millichap (MMI), RE/MAX (RMAX) and Novation Companies (NOVC).

(NMRK) raised $615 million in an initial public offering 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 lock-up period expires on Wednesday, June 13th. 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. After the expiration of the company's lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Media headlines about NMRK stock have been trending very positive recently, according to Accern. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Newmark Group earned a daily sentiment score of 0.51 on Accern's scale. They also gave media headlines about the company an impact score of 47.26 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Newmark Group's stock is owned by a number of of retail and institutional investors. Top institutional investors 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.

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.

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.

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.

One share of NMRK stock can currently be purchased for approximately $14.41.

Newmark Group has a market capitalization of $2.19 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.

Newmark Group's mailing address is 125 PARK AVENUE, NEW YORK NY, 10017. The company can be reached via phone at 212-372-2000.