Newmark Group, Inc. (NMRK)
NASDAQ: NMRK · Real-Time Price · USD
14.85
+0.14 (0.92%)
Nov 21, 2024, 12:24 PM EST - Market open

Newmark Group Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Newmark Group stock have an average target of 16.17, with a low estimate of 15 and a high estimate of 17. The average target predicts an increase of 8.93% from the current stock price of 14.85.

Analyst Consensus: Buy
Target Low Average Median High
Price $15 $16.17 $16.5 $17
Change +1.04% +8.93% +11.15% +14.52%
* Price targets were last updated on Sep 5, 2024.

Analyst Ratings

The average analyst rating for Newmark Group stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 112333
Hold 222110
Sell 000000
Strong Sell 100000
Total 434443

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Upgrades
$14$17
Buy Upgrades $14$17 +11.15% Sep 5, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$13$17
Buy Maintains $13$17 +14.52% Sep 3, 2024
Wolfe Research
Wolfe Research
Buy
Upgrades
$15
Buy Upgrades $15 +1.04% Aug 16, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$13$14
Hold Maintains $13$14 -9.06% Aug 8, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$11$13
Hold Maintains $11$13 -12.43% Jul 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.69B
from 2.47B
Increased by 8.85%
Revenue Next Year
3.02B
from 2.69B
Increased by 12.16%
EPS This Year
1.15
from 0.24
Increased by 379.19%
EPS Next Year
1.40
from 1.15
Increased by 21.95%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
2.22B1.90B2.91B2.71B2.47B2.69B3.02B3.26B
Revenue Growth
8.33%-14.12%52.57%-6.91%-8.69%8.85%12.16%7.96%
EPS
0.580.393.800.450.241.151.401.59
EPS Growth
-9.29%-33.29%874.36%-88.15%-46.70%379.19%21.95%13.64%
Forward PE
-----12.9110.589.31
No. Analysts -----666
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.8B 3.3B 3.6B
Avg 2.7B 3.0B 3.3B
Low 2.5B 2.8B 3.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
13.0%
21.5%
19.1%
Avg
8.9%
12.2%
8.0%
Low
3.1%
4.8%
-0.2%

EPS Forecast

EPS 20242025202620272028
High 1.20 1.50 1.70
Avg 1.15 1.40 1.59
Low 1.07 1.27 1.42

EPS Growth

EPS Growth 20242025202620272028
High
398.7%
30.6%
21.3%
Avg
379.2%
22.0%
13.6%
Low
345.1%
10.8%
1.3%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.