Newmark Group Statistics
Total Valuation
Newmark Group has a market cap or net worth of $3.62 billion. The enterprise value is $4.82 billion.
| Market Cap | 3.62B |
| Enterprise Value | 4.82B |
Important Dates
The next confirmed earnings date is Tuesday, November 5, 2024, before market open.
| Earnings Date | Nov 5, 2024 |
| Ex-Dividend Date | Aug 16, 2024 |
Share Statistics
Newmark Group has 243.52 million shares outstanding. The number of shares has decreased by -14.41% in one year.
| Current Share Class | 148.65M |
| Shares Outstanding | 243.52M |
| Shares Change (YoY) | -14.41% |
| Shares Change (QoQ) | +46.25% |
| Owned by Insiders (%) | 6.52% |
| Owned by Institutions (%) | 58.86% |
| Float | 137.56M |
Valuation Ratios
The trailing PE ratio is 59.29 and the forward PE ratio is 12.15.
| PE Ratio | 59.29 |
| Forward PE | 12.15 |
| PS Ratio | 1.00 |
| Forward PS | 1.29 |
| PB Ratio | 2.09 |
| P/FCF Ratio | 13.30 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.83, with an EV/FCF ratio of 17.97.
| EV / Earnings | 108.28 |
| EV / Sales | 1.90 |
| EV / EBITDA | 15.83 |
| EV / EBIT | 34.05 |
| EV / FCF | 17.97 |
Financial Position
The company has a current ratio of 1.04, with a Debt / Equity ratio of 1.41.
| Current Ratio | 1.04 |
| Quick Ratio | 0.44 |
| Debt / Equity | 1.41 |
| Debt / EBITDA | 4.66 |
| Debt / FCF | 8.10 |
| Interest Coverage | 3.00 |
Financial Efficiency
Return on equity (ROE) is 4.24% and return on invested capital (ROIC) is 2.31%.
| Return on Equity (ROE) | 4.24% |
| Return on Assets (ROA) | 1.83% |
| Return on Capital (ROIC) | 2.31% |
| Revenue Per Employee | $363,371 |
| Profits Per Employee | $6,360 |
| Employee Count | 7,000 |
| Asset Turnover | 0.53 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Newmark Group has paid $42.97 million in taxes.
| Income Tax | 42.97M |
| Effective Tax Rate | 39.95% |
Stock Price Statistics
The stock price has increased by +94.81% in the last 52 weeks. The beta is 2.01, so Newmark Group's price volatility has been higher than the market average.
| Beta (5Y) | 2.01 |
| 52-Week Price Change | +94.81% |
| 50-Day Moving Average | 14.79 |
| 200-Day Moving Average | 11.77 |
| Relative Strength Index (RSI) | 46.28 |
| Average Volume (20 Days) | 1,350,840 |
Short Selling Information
The latest short interest is 4.87 million, so 2.00% of the outstanding shares have been sold short.
| Short Interest | 4.87M |
| Short Previous Month | 5.17M |
| Short % of Shares Out | 2.00% |
| Short % of Float | 3.54% |
| Short Ratio (days to cover) | 2.95 |
Income Statement
In the last 12 months, Newmark Group had revenue of $2.54 billion and earned $44.52 million in profits. Earnings per share was $0.25.
| Revenue | 2.54B |
| Gross Profit | 2.54B |
| Operating Income | 141.58M |
| Pretax Income | 87.49M |
| Net Income | 44.52M |
| EBITDA | 304.49M |
| EBIT | 141.58M |
| Earnings Per Share (EPS) | $0.25 |
Balance Sheet
The company has $176.39 million in cash and $2.17 billion in debt, giving a net cash position of -$2.00 billion or -$8.20 per share.
| Cash & Cash Equivalents | 176.39M |
| Total Debt | 2.17B |
| Net Cash | -2.00B |
| Net Cash Per Share | -$8.20 |
| Equity (Book Value) | 1.54B |
| Book Value Per Share | 7.00 |
| Working Capital | 64.41M |
Cash Flow
In the last 12 months, operating cash flow was $306.25 million and capital expenditures -$38.04 million, giving a free cash flow of $268.21 million.
| Operating Cash Flow | 306.25M |
| Capital Expenditures | -38.04M |
| Free Cash Flow | 268.21M |
| FCF Per Share | $1.10 |
Margins
Gross margin is 100.00%, with operating and profit margins of 5.57% and 1.75%.
| Gross Margin | 100.00% |
| Operating Margin | 5.57% |
| Pretax Margin | 4.23% |
| Profit Margin | 1.75% |
| EBITDA Margin | 11.97% |
| EBIT Margin | 5.57% |
| FCF Margin | 10.54% |
Dividends & Yields
This stock pays an annual dividend of $0.12, which amounts to a dividend yield of 0.81%.
| Dividend Per Share | $0.12 |
| Dividend Yield | 0.81% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 2 |
| Payout Ratio | 48.16% |
| Buyback Yield | 14.41% |
| Shareholder Yield | 15.23% |
| Earnings Yield | 1.25% |
| FCF Yield | 7.52% |
Analyst Forecast
The average price target for Newmark Group is $16.17, which is 8.82% higher than the current price. The consensus rating is "Buy".
| Price Target | $16.17 |
| Price Target Difference | 8.82% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | 6.24% |
| EPS Growth Forecast (5Y) | 48.51% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Newmark Group has an Altman Z-Score of 1.27 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.27 |
| Piotroski F-Score | 6 |