Newmark Group, Inc. (NMRK)

NASDAQ: NMRK · IEX Real-Time Price · USD
8.32
+0.32 (4.00%)
Nov 29, 2023, 10:09 AM EST - Market open
4.00%
Market Cap 2.01B
Revenue (ttm) 2.33B
Net Income (ttm) 12.45M
Shares Out 241.83M
EPS (ttm) 0.08
PE Ratio 103.00
Forward PE 6.91
Dividend $0.12 (1.44%)
Ex-Dividend Date Nov 21, 2023
Volume 135,604
Open 8.15
Previous Close 8.00
Day's Range 8.15 - 8.36
52-Week Range 5.07 - 9.36
Beta 1.75
Analysts Sell
Price Target 6.33 (-23.92%)
Earnings Date Nov 1, 2023

About NMRK

Newmark 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 ... [Read more]

Sector Real Estate
IPO Date Dec 15, 2017
Employees 7,400
Stock Exchange NASDAQ
Ticker Symbol NMRK
Full Company Profile

Financial Performance

In 2022, Newmark Group's revenue was $2.71 billion, a decrease of -6.91% compared to the previous year's $2.91 billion. Earnings were $83.28 million, a decrease of -88.91%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for NMRK stock is "Sell." The 12-month stock price forecast is $6.33, which is a decrease of -23.92% from the latest price.

Price Target
$6.33
(-23.92% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Newmark Publishes 2022 Corporate Responsibility Report

NEW YORK , Nov. 21, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors...

7 days ago - PRNewsWire

Newmark Names Sharon Karaffa as President, Multifamily Debt & Structured Finance

Karaffa Succeeds Jeff Day, Who has Announced his Retirement NEW YORK , Nov. 13, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate a...

16 days ago - PRNewsWire

Newmark, on Behalf of Piedmont Office Realty Trust, Inc., Secures 447,000 SF Renewal of U.S. Bancorp's Headquarters

Demonstrating the commercial bank's unified commitment to Minneapolis and Piedmont. MINNEAPOLIS , Nov. 2, 2023 /PRNewswire/ -- Newmark announces that it has secured a 447,000-square-foot lease renewal...

27 days ago - PRNewsWire

Newmark Facilitates Sale of 2.2 Million-Square-Foot Mixed-Use Corporate Campus in Dallas/Fort Worth

Transaction Marks Largest Office Sale1 by Consideration and Square Footage in North America Year-To-Date2 DALLAS , Nov. 1, 2023 /PRNewswire/ -- Newmark announces the sale of CityLine, a 2.2 million-sq...

27 days ago - PRNewsWire

Newmark Group Reports Third Quarter 2023 Financial Results

Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today NEW YORK , Nov. 1, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real ...

4 weeks ago - PRNewsWire

Newmark Group's Third Quarter 2023 Financial Results Announcement to be Issued Prior to Market Open on Wednesday, November 1, 2023

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , Oct. 3, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate ad...

2 months ago - PRNewsWire

Newmark Launches NewliticQuest, an Advanced Analytics Solution to Empower Corporate Portfolio Real Estate Decisions

NewliticQuest offers accelerated insights to inform strategy, optimization and planning NEW YORK , Sept. 19, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a lea...

2 months ago - PRNewsWire

Newmark Advised Blackstone Real Estate Income Trust, Inc. on the $2.2 Billion Sale of Simply Self Storage

Public Storage Acquired Simply Self Storage from Blackstone Real Estate Income Trust, Inc. NEW YORK , Sept. 15, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a ...

2 months ago - PRNewsWire

FDIC kicks off $33 billion sale of seized assets from Signature Bank

The Federal Deposit Insurance Corp. on Tuesday announced details of a planned sale of seized assets from New York's collapsed Signature Bank.

3 months ago - Market Watch

Newmark Secures Global Corporate Services Contract Renewal with Hancock Whitney Bank

NEW YORK , Sept. 5, 2023 /PRNewswire/ -- Newmark announces that its Global Corporate Services (GCS) division has been awarded a long-term renewal with Hancock Whitney Bank, further extending the more ...

Other symbols: HWC
3 months ago - PRNewsWire

Newmark Launches Data Center and Digital Infrastructure Capital Markets Business, Attracts Top Talent

Industry Veteran Brent Mayo is Latest to Join the Industry-Leading Capital Markets Group NEW YORK , Aug. 16, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a lea...

3 months ago - PRNewsWire

Newmark Closes $420 Million Senior Unsecured Delayed Draw Term Loan to Repay Senior Notes

NEW YORK , Aug. 15, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors...

3 months ago - PRNewsWire

Newmark Secures $500M Investment on Behalf of Cold Storage Company, Envision

NEW YORK , Aug. 14, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors...

3 months ago - PRNewsWire

Newmark Group Reports Second Quarter 2023 Financial Results

Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today NEW YORK , July 28, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real...

4 months ago - PRNewsWire

Newmark Group's Second Quarter 2023 Financial Results Announcement to be Issued Prior to Market Open on Friday, July 28, 2023

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , July 10, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading adviser and service prov...

5 months ago - PRNewsWire

Newmark Secures $947 Million Loan for Park La Brea Apartments in Los Angeles, California

Freddie Mac Continues Financing Support for Workforce Housing in Historic Rental Community LOS ANGELES, June 26, 2023 /PRNewswire/ -- Newmark1 Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), ...

5 months ago - PRNewsWire

Newmark Hires Norm Taylor as President for Canada

NEW YORK , May 19, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading adviser and service provider to large institutional investors, global corporations an...

6 months ago - PRNewsWire

Newmark Group to Participate in the KBW Virtual Real Estate Finance & Technology Conference

Panel webcast scheduled for 10:00 a.m. ET on May 24, 2023 NEW YORK , May 19, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading adviser and service provide...

6 months ago - PRNewsWire

Newmark Group Reports First Quarter 2023 Financial Results

Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today NEW YORK , May 5, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading adviser and servi...

7 months ago - PRNewsWire

Newmark Group's First Quarter 2023 Financial Results Announcement to be Issued Prior to Market Open on Friday, May 5, 2023

NEW YORK, April 12, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate services business, today announced the details o...

8 months ago - PRNewsWire

Newmark Named on IAOP's 2023 Global Outsourcing 100 for 14th Consecutive Year

NEW YORK , March 31, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate business, is pleased to announce the Company's ...

8 months ago - PRNewsWire

FDIC hires Newmark Group to sell billions of Signature Bank debt - WSJ

The Federal Deposit Insurance Corp (FDIC) has hired Newmark Group Inc to sell about $60 billion of Signature Bank loans, the Wall Street Journal reported on Wednesday citing people familiar with the m...

Other symbols: SBNY
8 months ago - Reuters

Newmark Arranges $248M Refi Loan for The Iconic Biltmore Apartment Tower

NEW YORK , March 17, 2023 /PRNewswire/ -- On behalf of BentallGreenOak and Slate Property Group, Newmark has arranged a $248 million refinancing of The Biltmore, a 464-unit luxury apartment building c...

9 months ago - PRNewsWire

Newmark Announces Chad Lavender as President of Capital Markets for North America

NEW YORK , March 14, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate business, is pleased to announce Chad Lavender ...

9 months ago - PRNewsWire

Newmark Raises $500 Million for Programmatic Joint Venture for Castle Park Investments

NEW YORK , March 14, 2023 /PRNewswire/ -- Newmark has raised $500 million for a programmatic joint venture ("the Venture") between a global real estate private equity firm and Castle Park Investments ...

9 months ago - PRNewsWire