Newmark Group, Inc. (NMRK)

NASDAQ: NMRK · IEX Real-Time Price · USD
8.44
+0.38 (4.71%)
At close: Oct 3, 2022 4:00 PM
8.55
+0.11 (1.30%)
After-hours: Oct 3, 2022 7:58 PM EDT
4.71%
Market Cap 2.00B
Revenue (ttm) 3.21B
Net Income (ttm) 326.76M
Shares Out 236.61M
EPS (ttm) 1.64
PE Ratio 5.15
Forward PE 5.74
Dividend $0.08 (0.95%)
Ex-Dividend Date Aug 12, 2022
Volume 882,587
Open 8.16
Previous Close 8.06
Day's Range 8.09 - 8.49
52-Week Range 7.80 - 19.10
Beta 1.79
Analysts Buy
Price Target 14.43 (+71.0%)
Earnings Date Nov 3, 2022

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...]

Industry Real Estate Management & Development
IPO Date Dec 15, 2017
CEO Barry M. Gosin
Employees 5,000
Stock Exchange NASDAQ
Ticker Symbol NMRK
Full Company Profile

Financial Performance

In 2021, Newmark Group's revenue was $2.91 billion, an increase of 52.57% compared to the previous year's $1.90 billion. Earnings were $750.73 million, an increase of 837.71%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for NMRK stock is "Buy." The 12-month stock price forecast is 14.43, which is an increase of 70.97% from the latest price.

Price Target
$14.43
(70.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Newmark Facilitates $170M Financing for Centerbridge Partners and Merit Hill Capital's Self Storage Portfolio

NEW YORK , Sept. 28, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company") has arranged the $170 million financing of a 33-asset, 1.8 million-square-foot national self-sto...

5 days ago - PRNewsWire

Newmark Arranges $210 Million Financing Facility of Portfolio of Four citizenM Hotels

NEW YORK , Sept. 26, 2022 /PRNewswire/ -- On behalf of citizenM, Newmark has arranged a $210 million financing facility for a 904-key portfolio of four under construction and soon-to-be-delivered citize...

1 week ago - PRNewsWire

Newmark Secures Refi for SpareBox Storage Portfolio

Debt team arranged $462.5M Loan for National Portfolio NEW YORK , Sept. 22, 2022 /PRNewswire/ -- On behalf of SpareBox Storage and Davidson Kempner Capital Management, Newmark has arranged the $462.5 mi...

1 week ago - PRNewsWire

What Stocks Are Directly Impacted By A Housing Market Recession?

Why is a housing market recession expected? What sectors will be directly affected and what stocks should you keep an eye on for now?

1 month ago - Forbes

Newmark Facilitates $260 Million Financing of Iconic Plaza District Office Building in Midtown Manhattan

NEW YORK , Aug. 30, 2022 /PRNewswire/ -- Newmark has arranged a $260 million loan on behalf of RXR for the refinancing of 75 Rockefeller Plaza ("75 Rock"), a mixed-use office and retail tower located in...

1 month ago - PRNewsWire

Newmark Arranges $514 Million in Construction Financing for Phase I of Assembly Innovation Park in Somerville, Massac...

The financing is one of Greater Boston's first "green loans" and among $4+ billion in recent and active life science transactions by Newmark's Boston Debt & Structured Finance group BOSTON , Aug. 1, 202...

2 months ago - PRNewsWire

Newmark Group (NMRK) Q2 Earnings and Revenues Beat Estimates

Newmark Group (NMRK) delivered earnings and revenue surprises of 15% and 7.61%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Newmark Group, Inc. Reports Second Quarter 2022 Financial Results

Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today NEW YORK , July 29, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service comm...

2 months ago - PRNewsWire

Newmark Arranges $200 Million Shariah-Compliant Medical Office Portfolio Financing for Joint Venture Between Big Sky ...

NEW YORK , July 28, 2022 /PRNewswire/ -- Newmark announces it has arranged $200 million of Shariah-compliant financing for a medical office building portfolio on behalf of a joint venture between Dallas...

2 months ago - PRNewsWire

NMRK or KW: Which Is the Better Value Stock Right Now?

NMRK vs. KW: Which Stock Is the Better Value Option?

Other symbols: KW
2 months ago - Zacks Investment Research

Newmark Facilitates $175 Million Joint Venture Capitalization of Premier Boutique Plaza District Office Building

NEW YORK , July 15, 2022 /PRNewswire/ -- Newmark has arranged $175 million in capitalization to facilitate the acquisition and renovation of 45 East 53rd Street ("Park 53"), a premier office building lo...

2 months ago - PRNewsWire

Newmark Group's Second Quarter 2022 Financial Results Announcement to be Issued Prior to Market Open on Friday, July ...

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , July 13, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial re...

2 months ago - PRNewsWire

Find Cheap Stocks Under $10 to Buy in July and Beyond

Taking this all into account, we used one of our Zacks screens to help show investors how to find strong, highly-ranked stocks that are trading for under $10 per share to consider buying in July and lat...

Other symbols: NRDY
2 months ago - Zacks Investment Research

Newmark Secures Financing for Joint Venture's Planned $1.25 Billion, Generational West Village Condo Development

NEW YORK , July 12, 2022 /PRNewswire/ -- Newmark arranged the financing of Manhattan's most anticipated luxury waterfront residential development, and the last remaining block at St. John's Terminal in ...

2 months ago - PRNewsWire

Best Value Stocks to Buy for July 12th

CVE, BRDG, and NMRK made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 12, 2022.

Other symbols: BRDGCVE
2 months ago - Zacks Investment Research

Barings Acquires Bay Area Life Science Portfolio

Three GMP Buildings in Fremont, California Acquisition Executes on Firm's Growth in Specialized Asset Class CHARLOTTE, N.C. , June 28, 2022 /PRNewswire/ -- Barings, one of the world's largest diversifie...

3 months ago - PRNewsWire

Rumors of Cushman-Newmark marriage were always bogus: sources

It was the commercial real estate rumor that wouldn't die -- until now.

Other symbols: CWK
3 months ago - New York Post

Newmark Ranks #1 on LinkedIn's 'Top Companies in Real Estate' List

NEW YORK , June 27, 2022 /PRNewswire/ -- Newmark Group, Inc. ("Newmark") is ranked #1 on LinkedIn's 2022 'Top Companies in Real Estate' list. The list is part of LinkedIn's 'Top Companies: Industry Edit...

3 months ago - PRNewsWire

Newmark Group (NMRK) Moves 7.6% Higher: Will This Strength Last?

Newmark Group (NMRK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase...

3 months ago - Zacks Investment Research

Newmark Completes Sale of Moffett Green, Fully-Leased Trophy Campus in Silicon Valley

Transaction Marks Largest Single-Asset Investment Office Sale in Silicon Valley History1 SAN FRANCISCO , June 13, 2022 /PRNewswire/ -- Newmark2 announces it has completed the sale of Moffett Green, a re...

3 months ago - PRNewsWire

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

NEW YORK , May 31, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate business, today announced that Jeff Day, the Compan...

4 months ago - PRNewsWire

Newmark Completes $390 Million Sale of Grocery-Anchored Retail Portfolio in Massachusetts and Rhode Island

TA Realty and operating partner, Wilder, acquire nine premier shopping centers totaling 729,437 square feet across the greater Boston and Providence areas BOSTON , May 18, 2022 /PRNewswire/ -- Newmark a...

4 months ago - PRNewsWire

Barings and Schnitzer West Complete Sale of Seattle's Madison Centre to BXP for $730M

Barings and Schnitzer West Developed the Next-Generation Office Tower, Completed in 2017 Newmark Group Brokered the Transaction, the Largest U.S. Multi-Tenant Office Sale YTD CHARLOTTE, N.C. and SEATTLE...

Other symbols: BXP
4 months ago - PRNewsWire

Newmark Group to Participate in Wolfe Research Virtual Broker Conference

NEW YORK , May 9, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate business, today announced that its Chief Financial O...

4 months ago - PRNewsWire

Newmark Acquires Renowned North American Retail Advisory Business, Open Realty

NEW YORK and DALLAS , May 3, 2022 /PRNewswire/ -- Newmark Group, Inc. (NASDAQ: NMRK) ("Newmark") announces the acquisition of industry-leading North American retail real estate advisory firms Open Realt...

5 months ago - PRNewsWire