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

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

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

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

6 brokers 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 stock price to reach $20.0833 in the next year. View Analyst Ratings for Newmark Group.

Newmark Group saw a decline in short interest in 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 short-interest ratio is currently 4.0 days. Approximately 3.3% of the shares of the stock are short sold.

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 (BXG), Marcus & Millichap (MMI), RE/MAX (RMAX) and Novation Companies (NOVC).

(NMRK) raised $615 million in an initial public offering (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) acted 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 end of Newmark Group's lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Headlines about NMRK stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Newmark Group earned a daily sentiment score of 0.21 on Accern's scale. They also assigned media coverage about the company an impact score of 46.01 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

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.

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 bought 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 $13.93.

Newmark Group has a market capitalization of $2.21 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.