Newmark Group, Inc. (NMRK)
| Market Cap | 1.69B |
| Revenue (ttm) | 2.47B |
| Net Income (ttm) | 42.58M |
| Shares Out | 172.67M |
| EPS (ttm) | 0.24 |
| PE Ratio | 40.83 |
| Forward PE | 9.01 |
| Dividend | $0.12 (1.22%) |
| Ex-Dividend Date | Mar 7, 2024 |
| Volume | 1,135,604 |
| Open | 10.30 |
| Previous Close | 10.27 |
| Day's Range | 9.78 - 10.37 |
| 52-Week Range | 5.07 - 11.51 |
| Beta | 1.99 |
| Analysts | Hold |
| Price Target | 9.92 (+1.22%) |
| Earnings Date | May 3, 2024 |
About 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 mult... [Read more]
Financial Performance
In 2023, Newmark Group's revenue was $2.47 billion, a decrease of -8.69% compared to the previous year's $2.71 billion. Earnings were $42.58 million, a decrease of -48.87%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for NMRK stock is "Hold." The 12-month stock price forecast is $9.92, which is an increase of 1.22% from the latest price.
News
Newmark Group's First Quarter 2024 Financial Results Announcement to be Issued Prior to Market Open on Friday, May 3, 2024
Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , April 9, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate a...
Newmark Announces Expansion of Retail Capital Markets Team; Hires Industry Expert Conor Lalor to Lead
NEW YORK , March 28, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to large institutional investors, global corpora...
Newmark's Data Visualization Technology and Service, Newlitic™, Receives ISO/IEC 27001 Certification
NEW YORK , March 26, 2024 /PRNewswire/ -- Newmark Group, Inc. ("Newmark"), announces that Newlitic 1 , a data visualization platform and service which integrates enterprise real estate portfolio infor...
ExcessSpace Retained by Party City to Execute Site Selection and Lease Renewal Programs Nationwide
ExcessSpace, a Newmark Company, to Advise & Represent the Global Celebrations Leader NEW YORK , March 14, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial rea...
Newmark Launches Paris Office, Bolstering Global Expansion with Key Talent Additions
NEW YORK and PARIS , March 11, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to large institutional investors, glob...
Newmark Named on IAOP's 2024 Global Outsourcing 100® for the 15th Consecutive Year
NEW YORK , Feb. 28, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors...
Newmark Group Reports Fourth Quarter and Full Year 2023 Financial Results
Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today NEW YORK , Feb. 22, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real...
NAIOP Research Foundation Partners With Newmark on Industrial Report: Reshoring Manufacturing Jobs Will Continue to Drive Development of Industrial Real Estate
Reshoring Momentum Seen Nationwide Could Increase the Size of the U.S. Manufacturing Base by More Than 10% Over 10 Years Related Industrial Real Estate Growth and Demand is Concentrated in the Midwest...
Newmark Lands Leading National Affordable Housing Advisory Team
NEW YORK , Feb. 15, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to large institutional investors, global corporat...
Newmark Hires Matthew Featherstone as Head of Debt & Structured Finance for the UK and Europe
Featherstone brings over 19 years of finance experience, enhancing the firm's UK and European capital markets expertise and furthering Newmark's talent expansion and unification strategy NEW YORK and ...
Newmark Expands Debt Platform in Partnership with U.S. Capital Markets Team; Industry Powerhouse Jonathan Firestone to Join and Co-Head
Firestone, Bringing 25 Years of Experience, Joins Newmark's Los Angeles Office, Furthering Newmark's Talent Expansion and Unification Strategy. NEW YORK , Feb. 1, 2024 /PRNewswire/ -- Newmark Group, I...
Newmark Group's Fourth Quarter and Full Year 2023 Financial Results Announcement to be Issued Prior to Market Open on Thursday, February 22, 2024
Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , Jan. 22, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate a...
Accomplished Legal Executive Richard Maletsky Joins Hilco Global as Executive Vice President and General Counsel
NORTHBROOK, Ill. , Jan. 18, 2024 /PRNewswire/ -- Hilco Global, a privately held diversified financial services firm, announced today the appointment of Richard "Rick" Maletsky as its new Executive Vic...
Newmark Completes Offering Of $600 Million Of 7.500% Senior Notes
NEW YORK , Jan. 12, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or the "Company"), today announced the closing of its offering of $600.0 million aggregate principal amount of 7....
Newmark Announces Pricing Of $600 Million of 7.500% Senior Notes
NEW YORK , Jan. 5, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or the "Company"), today announced the pricing of its offering of $600.0 million aggregate principal amount of its...
Newmark Group Announces Offering Of Senior Notes
NEW YORK , Jan. 5, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or the "Company"), today announced its intention to commence an offering of senior unsecured notes, subject to mar...
L.A. office building sells for $153.5 million — $115 million less than its sale price a decade ago
Newmark Group Inc. said Friday it arranged the sale of the 62-story Aon Center in downtown Los Angeles for $153.5 million in what the real-estate-development company described as the largest fourth-qu...
Newmark Arranges Sale of 1.1-Million-Square-Foot Office Building in Downtown Los Angeles for $153.5 Million
Transaction Marks Largest Q4 2023 Office Sale in Western U.S. LOS ANGELES , Dec. 29, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"1 or "the Company"), a leading commercial real es...
Newmark Represents DrinkPAK in Two New Industrial Leases in Fort Worth, Totaling 2.9 Million Square Feet
The transactions represent the largest new industrial occupier leasing commitment completed in a single U.S. market this year1 DALLAS , Dec. 18, 2023 /PRNewswire/ -- Newmark announces that DrinkPAK, a...
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...