NASDAQ:NMRK Newmark Group (NMRK) Stock Price, News & Analysis $14.03 -0.12 (-0.85%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$13.90▼$14.2350-Day Range$9.84▼$14.1552-Week Range$5.09▼$14.47Volume1.34 million shsAverage Volume1.07 million shsMarket Capitalization$2.42 billionP/E Ratio63.78Dividend Yield0.86%Price Target$16.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Newmark Group alerts: Email Address Newmark Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside15.2% Upside$16.17 Price TargetShort InterestHealthy1.86% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.76Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth21.05%From $1.14 to $1.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.49 out of 5 starsFinance Sector341st out of 871 stocksReal Estate Agents & Managers Industry4th out of 14 stocks 2.4 Analyst's Opinion Consensus RatingNewmark Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageNewmark Group has only been the subject of 3 research reports in the past 90 days.Read more about Newmark Group's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.86% 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 1.52%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldNewmark Group has a dividend yield of 0.89%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthNewmark Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Newmark Group is 54.55%. 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 8.70% next year. This indicates that Newmark Group will be able to sustain or increase its dividend.Read more about Newmark Group's 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 2.6 News and Social Media Coverage News SentimentNewmark Group has a news sentiment score of 0.76. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Newmark Group this week, compared to 4 articles on an average week.Search Interest6 people have searched for NMRK on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Newmark Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% 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 Insiders31.80% 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 Institutions58.42% of the stock of Newmark Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Newmark Group's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Newmark Group are expected to grow by 21.05% in the coming year, from $1.14 to $1.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Newmark Group is 63.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Newmark Group is 63.78, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 32.61.Price to Book Value per Share RatioNewmark Group has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Newmark Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWhy billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. Click here for my exclusive video About Newmark Group Stock (NASDAQ:NMRK)Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners. It also provides tenant representation leasing; and global corporate services consisting of workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management. The company offers its services to commercial real estate tenants, investors, owners, occupiers, and developers; lenders; small and medium size businesses; and multi-national corporations. The company was formerly known as Newmark Grubb Knight Frank Capital Group 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, Inc. is a subsidiary of Cantor Fitzgerald, L.P.Read More NMRK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NMRK Stock News HeadlinesSeptember 6 at 10:49 PM | msn.comKeefe, Bruyette & Woods Upgrades Newmark Group (NMRK)September 6 at 5:59 AM | americanbankingnews.comNewmark Group (NASDAQ:NMRK) Upgraded to Outperform at Keefe, Bruyette & WoodsSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.September 6 at 1:07 AM | americanbankingnews.comNewmark Group (NASDAQ:NMRK) Reaches New 1-Year High on Analyst UpgradeSeptember 5 at 3:21 AM | americanbankingnews.comPiper Sandler Increases Newmark Group (NASDAQ:NMRK) Price Target to $17.00September 2, 2024 | finance.yahoo.comWith 59% institutional ownership, Newmark Group, Inc. (NASDAQ:NMRK) is a favorite amongst the big gunsAugust 28, 2024 | prnewswire.comNewmark Serves as Strategic Advisor for The Hampshire Companies on a $300M Recapitalization of the Fairfalls Logistics PortfolioAugust 22, 2024 | prnewswire.comNewmark Secures $985 Million Financing on Behalf of 80 Clarkson Developers in New York CitySeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 17, 2024 | msn.comWolfe Research Upgrades Newmark Group (NMRK)August 14, 2024 | bizjournals.comApartment rents hit a post-pandemic milestone — and more landlords are sweetening their dealsAugust 8, 2024 | prnewswire.comNewmark Arranges $300M Joint Venture Between Catalyst and HeitmanAugust 7, 2024 | seekingalpha.comNewmark Group: Stock Is Undervalued Considering Its EBITDA OutlookAugust 6, 2024 | finance.yahoo.comNewmark Group (NASDAQ:NMRK) Has Affirmed Its Dividend Of $0.03August 4, 2024 | insidermonkey.comNewmark Group, Inc. (NASDAQ:NMRK) Q2 2024 Earnings Call TranscriptAugust 3, 2024 | markets.businessinsider.comNewmark Group Inc. Q2 Profit Increases, Beats EstimatesAugust 3, 2024 | seekingalpha.comNewmark Group, Inc. (NMRK) Q2 2024 Earnings Call TranscriptAugust 2, 2024 | seekingalpha.comNewmark Group, Inc. 2024 Q2 - Results - Earnings Call PresentationSee More Headlines 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 Company Calendar Last Earnings8/02/2024Ex-Dividend for 9/3 Dividend8/16/2024Dividend Payable9/03/2024Today9/07/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate agents & managers Sub-IndustryReal Estate Current SymbolNASDAQ:NMRK CUSIPN/A CIK1690680 Webwww.ngkf.com Phone(212) 372-2000FaxN/AEmployees7,000Year FoundedN/APrice Target and Rating Average Stock Price Target$16.17 High Stock Price Target$17.00 Low Stock Price Target$15.00 Potential Upside/Downside+15.2%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.22 Trailing P/E Ratio63.78 Forward P/E Ratio12.31 P/E GrowthN/ANet Income$42.58 million Net Margins1.75% Pretax Margin4.23% Return on Equity17.78% Return on Assets6.05% Debt Debt-to-Equity Ratio0.49 Current Ratio0.49 Quick Ratio0.49 Sales & Book Value Annual Sales$2.54 billion Price / Sales0.95 Cash Flow$3.02 per share Price / Cash Flow4.64 Book Value$8.86 per share Price / Book1.58Miscellaneous Outstanding Shares172,493,000Free Float117,640,000Market Cap$2.42 billion OptionableOptionable Beta2.01 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Howard W. Lutnick (Age 62)Executive Chairman & PEO Comp: $20MMr. Barry M. Gosin (Age 73)Chief Executive Officer Comp: $2.61MMr. Michael J. Rispoli CPA (Age 52)Chief Financial Officer Comp: $1.35MMr. Stephen Marcus Merkel (Age 65)Executive VP, Chief Legal Officer & Assistant Corporate Secretary Comp: $1.5MMr. James D. Kuhn FRICSPresident & Head of Investor ServicesMr. Sridhar PotineniChief Information OfficerMr. Roger Ethan Anscher J.D.Chief Administrative OfficerMr. Jason A. McGruderHead of Investor RelationsMs. Angie LecceseChief Marketing OfficerMs. Karen MitchellChief Human Resources OfficerMore ExecutivesKey CompetitorsWalker & DunlopNYSE:WDBluegreen VacationsNYSE:BXGFirstServiceNASDAQ:FSVColliers International GroupNASDAQ:CIGIGranite Real Estate Inc. StapleNYSE:GRP.UView All CompetitorsInstitutional OwnershipPoint72 Asset Management L.P.Sold 16,709 shares on 8/19/2024Ownership: 0.009%Systematic Financial Management LPBought 98,532 shares on 8/16/2024Ownership: 0.539%Algert Global LLCBought 68,468 shares on 8/16/2024Ownership: 0.084%Creative PlanningBought 1,131 shares on 8/16/2024Ownership: 0.023%Mackenzie Financial CorpBought 2,153 shares on 8/15/2024Ownership: 0.007%View All Institutional Transactions NMRK Stock Analysis - Frequently Asked Questions How have NMRK shares performed this year? Newmark Group's stock was trading at $10.96 at the beginning of 2024. Since then, NMRK stock has increased by 28.0% and is now trading at $14.03. View the best growth stocks for 2024 here. How were Newmark Group's earnings last quarter? Newmark Group, Inc. (NASDAQ:NMRK) announced its quarterly earnings data on Friday, August, 2nd. The company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.01. The firm's quarterly revenue was up 8.1% compared to the same quarter last year. 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. When did Newmark Group IPO? Newmark Group (NMRK) raised $615 million in an IPO 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. Who are Newmark Group's major shareholders? Top institutional shareholders of Newmark Group include Dimensional Fund Advisors LP (3.88%), Bank of New York Mellon Corp (1.19%), Leeward Investments LLC MA (1.11%) and American Century Companies Inc. (0.91%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Newmark Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Newmark Group investors own include BGC Group (BGCP), Verizon Communications (VZ), AT&T (T), Intel (INTC), AGNC Investment (AGNC), Medical Properties Trust (MPW) and AbbVie (ABBV). 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