Newmark Group, Inc. (NMRK)
NASDAQ: NMRK · Real-Time Price · USD
14.97
+0.32 (2.18%)
Nov 5, 2024, 12:29 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 8.02% from the current stock price of 14.97.
Analyst Consensus: Buy
* 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 1 | 1 | 1 | 2 | 3 | 3 |
Hold | 2 | 2 | 2 | 2 | 1 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 3 | 4 | 4 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades $14 → $17 | Hold → Buy | Upgrades | $14 → $17 | +10.22% | Sep 5, 2024 |
Piper Sandler | Piper Sandler | Buy Maintains $13 → $17 | Buy | Maintains | $13 → $17 | +13.56% | Sep 3, 2024 |
Wolfe Research | Wolfe Research | Hold → Buy Upgrades $15 | Hold → Buy | Upgrades | $15 | +0.20% | Aug 16, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $13 → $14 | Hold | Maintains | $13 → $14 | -9.82% | Aug 8, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $11 → $13 | Hold | Maintains | $11 → $13 | -13.16% | Jul 25, 2024 |
Financial Forecast
Revenue This Year
2.68B
from 2.47B
Increased by 8.40%
Revenue Next Year
3.00B
from 2.68B
Increased by 12.06%
EPS This Year
1.16
from 0.24
Increased by 381.31%
EPS Next Year
1.42
from 1.16
Increased by 22.52%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.8B | 3.3B | 3.6B | ||
Avg | 2.7B | 3.0B | 3.2B | ||
Low | 2.5B | 2.8B | 3.0B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 13.0% | 22.0% | 19.7% | ||
Avg | 8.4% | 12.1% | 7.8% | ||
Low | 3.1% | 4.0% | -1.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.22 | 1.50 | 1.70 | ||
Avg | 1.16 | 1.42 | 1.45 | ||
Low | 1.07 | 1.32 | 0.87 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 407.5% | 30.0% | 20.2% | ||
Avg | 381.3% | 22.5% | 2.5% | ||
Low | 345.1% | 14.5% | -38.4% |
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.