Newmark Group Statistics
Total Valuation
Newmark Group has a market cap or net worth of $1.73 billion. The enterprise value is $2.72 billion.
| Market Cap | 1.73B |
| Enterprise Value | 2.72B |
Important Dates
The next estimated earnings date is Friday, July 26, 2024, before market open.
| Earnings Date | Jul 26, 2024 |
| Ex-Dividend Date | May 16, 2024 |
Share Statistics
Newmark Group has 172.49 million shares outstanding. The number of shares has increased by 1.28% in one year.
| Shares Outstanding | 172.49M |
| Shares Change (YoY) | +1.28% |
| Shares Change (QoQ) | -0.91% |
| Owned by Insiders (%) | 12.88% |
| Owned by Institutions (%) | 70.68% |
| Float | 139.86M |
Valuation Ratios
The trailing PE ratio is 45.55 and the forward PE ratio is 8.84.
| PE Ratio | 45.55 |
| Forward PE | 8.84 |
| PS Ratio | 0.69 |
| Forward PS | 0.65 |
| PB Ratio | 1.40 |
| P/FCF Ratio | 87.00 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.06, with an EV/FCF ratio of 136.69.
| EV / Earnings | 74.06 |
| EV / Sales | 1.09 |
| EV / EBITDA | 10.06 |
| EV / EBIT | 27.52 |
| EV / FCF | 136.69 |
Financial Position
The company has a current ratio of 1.01, with a Debt / Equity ratio of 1.41.
| Current Ratio | 1.01 |
| Quick Ratio | 0.93 |
| Debt / Equity | 1.41 |
| Debt / EBITDA | 6.41 |
| Debt / FCF | 87.16 |
| Interest Coverage | 4.62 |
Financial Efficiency
Return on equity (ROE) is 3.00% and return on invested capital (ROIC) is 1.56%.
| Return on Equity (ROE) | 3.00% |
| Return on Assets (ROA) | 0.80% |
| Return on Capital (ROIC) | 1.56% |
| Revenue Per Employee | $356,581 |
| Profits Per Employee | $5,239 |
| Employee Count | 7,000 |
| Asset Turnover | 0.55 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Newmark Group has paid $40.64 million in taxes.
| Income Tax | 40.64M |
| Effective Tax Rate | 52.57% |
Stock Price Statistics
The stock price has increased by +57.80% in the last 52 weeks. The beta is 2.03, so Newmark Group's price volatility has been higher than the market average.
| Beta (5Y) | 2.03 |
| 52-Week Price Change | +57.80% |
| 50-Day Moving Average | 10.12 |
| 200-Day Moving Average | 9.24 |
| Relative Strength Index (RSI) | 48.21 |
| Average Volume (20 Days) | 934,715 |
Short Selling Information
The latest short interest is 3.81 million, so 2.21% of the outstanding shares have been sold short.
| Short Interest | 3.81M |
| Short Previous Month | 3.68M |
| Short % of Shares Out | 2.21% |
| Short % of Float | 2.72% |
| Short Ratio (days to cover) | 4.21 |
Income Statement
In the last 12 months, Newmark Group had revenue of $2.50 billion and earned $36.67 million in profits. Earnings per share was $0.22.
| Revenue | 2.50B |
| Gross Profit | 2.50B |
| Operating Income | 97.57M |
| Pretax Income | 77.31M |
| Net Income | 36.67M |
| EBITDA | 270.05M |
| EBIT | 98.68M |
| Earnings Per Share (EPS) | $0.22 |
Balance Sheet
The company has $744.38 million in cash and $1.73 billion in debt, giving a net cash position of -$987.28 million or -$5.72 per share.
| Cash & Cash Equivalents | 744.38M |
| Total Debt | 1.73B |
| Net Cash | -987.28M |
| Net Cash Per Share | -$5.72 |
| Equity (Book Value) | 1.23B |
| Book Value Per Share | 7.14 |
| Working Capital | 7.05M |
Cash Flow
In the last 12 months, operating cash flow was $64.10 million and capital expenditures -$44.23 million, giving a free cash flow of $19.87 million.
| Operating Cash Flow | 64.10M |
| Capital Expenditures | -44.23M |
| Free Cash Flow | 19.87M |
| FCF Per Share | $0.11 |
Margins
Gross margin is 100.00%, with operating and profit margins of 3.91% and 1.47%.
| Gross Margin | 100.00% |
| Operating Margin | 3.91% |
| Pretax Margin | 3.10% |
| Profit Margin | 1.47% |
| EBITDA Margin | 10.82% |
| EBIT Margin | 3.95% |
| FCF Margin | 0.80% |
Dividends & Yields
This stock pays an annual dividend of $0.12, which amounts to a dividend yield of 1.20%.
| Dividend Per Share | $0.12 |
| Dividend Yield | 1.20% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 2 |
| Payout Ratio | 54.55% |
| Buyback Yield | -1.28% |
| Shareholder Yield | -0.08% |
| Earnings Yield | 2.12% |
| FCF Yield | 1.15% |
Analyst Forecast
The average price target for Newmark Group is $12.13, which is 21.06% higher than the current price. The consensus rating is "Hold".
| Price Target | $12.13 |
| Price Target Difference | 21.06% |
| Analyst Consensus | Hold |
| 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 1.37 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.37 |
| Piotroski F-Score | 5 |