Newmark Group, Inc. (NMRK)
| 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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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.
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 ...
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...
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...
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...
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...
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...
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"), ...
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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 ...