Newmark Group (Nasdaq:NMRK) - Stock Price, News & Analysis

NMRK Stock Overview

Newmark Group, Inc. provides commercial real estate services in the United States and internationally.

NMRK fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	1/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 50% below our estimate of its fair value

Earnings are forecast to grow 29.26% per year

Risk Analysis

Has a high level of debt

Unstable dividend track record

Large one-off items impacting financial results

Profit margins (2.8%) are lower than last year (23.2%)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Newmark Group, Inc. Competitors

Marcus & Millichap

NYSE:MMI

US$1.2b

Cushman & Wakefield

NYSE:CWK

US$2.0b

RE/MAX Holdings

NYSE:RMAX

US$575.3m

Jones Lang LaSalle

NYSE:JLL

US$7.1b

Price History & Performance

Summary of all time highs, changes and price drops for Newmark Group
Historical stock prices
Current Share Price	US$6.70
52 Week High	US$11.93
52 Week Low	US$5.07
Beta	1.72
1 Month Change	29.34%
3 Month Change	-8.34%
1 Year Change	-31.07%
3 Year Change	36.60%
5 Year Change	-53.60%
Change since IPO	-51.97%

Why Newmark Group, Inc. (NASDAQ:NMRK) Could Be Worth Watching

Jun 07

Newmark Group (NASDAQ:NMRK) Will Pay A Dividend Of $0.03

May 09

Recent updates

Shareholder Returns

	NMRK	US Real Estate	US Market
7D	16.1%	8.9%	2.6%
1Y	-31.1%	-11.2%	2.1%

Return vs Industry: NMRK underperformed the US Real Estate industry which returned -12.4% over the past year.

Return vs Market: NMRK underperformed the US Market which returned 1.3% over the past year.

Price Volatility

Is NMRK's price volatile compared to industry and market?
NMRK volatility
NMRK Average Weekly Movement	6.9%
Real Estate Industry Average Movement	7.6%
Market Average Movement	6.7%
10% most volatile stocks in US Market	15.9%
10% least volatile stocks in US Market	3.1%

Stable Share Price: NMRK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: NMRK's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1929	6,300	Barry Gosin	https://www.nmrk.com

Newmark Group, Inc. provides commercial real estate services in the United States and internationally. The company’s investor/owner services and products include capital markets, such as investment, debt and structured finance, and loan sales; agency leasing, property management, and valuation and advisory; and commercial real estate due diligence consulting and advisory services, as well as government sponsored enterprise lending, loan servicing, mortgage broking, and equity-raising services. Its occupier services and products comprise tenant representation; real estate management technology systems; workplace and occupancy strategy; global corporate consulting; project management; account and transaction management; and lease administration and facilities management services.

Newmark Group, Inc. Fundamentals Summary

How do Newmark Group's earnings and revenue compare to its market cap?
NMRK fundamental statistics
Market Cap	US$1.56b
Earnings (TTM)	US$72.56m
Revenue (TTM)	US$2.55b

16.1x

P/E Ratio

0.5x

P/S Ratio

Is NMRK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
NMRK income statement (TTM)
Revenue	US$2.55b
Cost of Revenue	US$0
Gross Profit	US$2.55b
Other Expenses	US$2.48b
Earnings	US$72.56m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.42
Gross Margin	100.00%
Net Profit Margin	2.85%
Debt/Equity Ratio	79.1%

How did NMRK perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

29%

Payout Ratio

NMRK Stock Overview

Rewards

Risk Analysis

Newmark Group, Inc. Competitors

NYSE:MMI

US$1.2b

NYSE:CWK

US$2.0b

NYSE:RMAX

US$575.3m

NYSE:JLL

US$7.1b

Price History & Performance

Recent News & Updates

Investor sentiment improves as stock rises 17%

Why Newmark Group, Inc. (NASDAQ:NMRK) Could Be Worth Watching

Upcoming dividend of US$0.03 per share at 2.3% yield

Newmark Group (NASDAQ:NMRK) Will Pay A Dividend Of $0.03

Price target decreased by 7.5% to US$7.69

Newmark Group, Inc. Declares Qualified Quarterly Dividend, Payable on May 26, 2023

Recent updates

Investor sentiment improves as stock rises 17%

Why Newmark Group, Inc. (NASDAQ:NMRK) Could Be Worth Watching

Upcoming dividend of US$0.03 per share at 2.3% yield

Newmark Group (NASDAQ:NMRK) Will Pay A Dividend Of $0.03

Price target decreased by 7.5% to US$7.69

Newmark Group, Inc. Declares Qualified Quarterly Dividend, Payable on May 26, 2023

Consensus EPS estimates fall by 17%

Price target decreased by 7.4% to US$8.56

Upcoming dividend of US$0.03 per share at 1.5% yield

Newmark Group, Inc. Appoints Douglas Harmon and Adam Spies as Co-Heads of U.S. Capital Markets

Full year 2022 earnings: EPS and revenues miss analyst expectations

Newmark Group, Inc. Appoints Douglas Harmon and Adam Spies as Co-Heads of U.S. Capital Markets

Newmark Group, Inc. Promotes Elizabeth Hart to President of Leasing

Newmark Group, Inc. to Report Q4, 2022 Results on Feb 16, 2023

Why Newmark Group, Inc. (NASDAQ:NMRK) Could Be Worth Watching

Price target decreased to US$9.00

Newmark Group, Inc. Appoints Chris Carver as Executive Managing Director and Head of Asia-Pacific for Its Valuation & Advisory Practice

Price target decreased to US$10.00

Newmark Group, Inc. Announces Management Appointments

Consensus EPS estimates fall by 22%

Upcoming dividend of US$0.03 per share

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Newmark Group, Inc. Declares A Qualified Quarterly Dividend, Payable on November 30, 2022

Price target decreased to US$11.75

What Is Newmark Group, Inc.'s (NASDAQ:NMRK) Share Price Doing?

Newmark Group, Inc. Appoints Angie Leccese as Chief Marketing Officer

Newmark Group, Inc. to Report Q3, 2022 Results on Oct 28, 2022

Newmark Group completes more than $300M portfolio sale

Investor sentiment deteriorated over the past week

Newmark: Undervalued But Far From A Clean Story

Newmark Group, Inc., Annual General Meeting, Sep 28, 2022

Newmark Group goes ex-dividend tomorrow

Upcoming dividend of US$0.03 per share

Newmark Group, Inc. Appoints Jay Itzkowitz as A Member of the Board, Effective August 10, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Newmark Group, Inc. Provides Earnings Guidance for the Year 2022

Newmark Group Q2 2022 Earnings Preview

Do Newmark Group's (NASDAQ:NMRK) Earnings Warrant Your Attention?

Newmark Group, Inc. to Report Q2, 2022 Results on Jul 29, 2022

Is It Time To Consider Buying Newmark Group, Inc. (NASDAQ:NMRK)?

Chairman of the Board recently bought US$3.0m worth of stock

Investor sentiment deteriorated over the past week

Stanton Road Capital, LLC acquired The Element in North Dallas from Newmark Group, Inc. (NasdaqGS:NMRK).

Chairman of the Board recently bought US$3.0m worth of stock

Upcoming dividend of US$0.03 per share

Newmark Group, Inc. (NasdaqGS : NMRK) acquired Open Realty Advisors, LLC and Open Realty Properties.

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to US$16.30

Consensus forecasts updated

Newmark Appoints Senior Professionals in Hong Kong

O'Keefe Stevens Advisory - Newmark Group: The Lutnick Award

Newmark Group, Inc. to Report Q1, 2022 Results on Apr 29, 2022

Investor sentiment deteriorated over the past week

Newmark Group, Inc. (NasdaqGS:NMRK) acquired McCall & Almy Inc.

Newmark Group, Inc. (NasdaqGS:NMRK) acquired BH2 Limited.

Price target decreased to US$18.70

Newmark Group, Inc. Promotes Steven Golubchik to Executive Vice Chairman and President, Western Region Capital Markets

What Is Newmark Group, Inc.'s (NASDAQ:NMRK) Share Price Doing?

Here's Why I Think Newmark Group (NASDAQ:NMRK) Is An Interesting Stock