| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
NMRK Stock Overview
Newmark Group, Inc. provides commercial real estate services in the United States and internationally.
Newmark Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.44 |
| 52 Week High | US$19.10 |
| 52 Week Low | US$6.56 |
| Beta | 1.79 |
| 1 Month Change | 3.72% |
| 3 Month Change | 12.22% |
| 1 Year Change | 131.88% |
| 3 Year Change | 59.15% |
| 5 Year Change | n/a |
| Change since IPO | 17.85% |
Recent News & Updates
When Should You Buy Newmark Group, Inc. (NASDAQ:NMRK)?
While Newmark Group, Inc. ( NASDAQ:NMRK ) might not be the most widely known stock at the moment, it led the NASDAQGS...
Should You Be Adding Newmark Group (NASDAQ:NMRK) To Your Watchlist Today?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Shareholder Returns
| NMRK | US Real Estate | US Market | |
|---|---|---|---|
| 7D | -1.4% | -0.06% | -0.3% |
| 1Y | 131.9% | -31.8% | 13.7% |
Return vs Industry: NMRK exceeded the US Real Estate industry which returned -31.8% over the past year.
Return vs Market: NMRK exceeded the US Market which returned 13.7% over the past year.
Price Volatility
| NMRK volatility | |
|---|---|
| NMRK Average Weekly Movement | 5.6% |
| Real Estate Industry Average Movement | 8.1% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.9% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: NMRK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NMRK's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1929 | 4,150 | Barry Gosin | https://www.ngkf.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; and lease administration and facilities management services.
Newmark Group Fundamentals Summary
| NMRK fundamental statistics | |
|---|---|
| Market Cap | US$3.67b |
| Earnings (TTM) | US$589.78m |
| Revenue (TTM) | US$2.52b |
6.2x
P/E Ratio1.5x
P/S RatioIs NMRK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NMRK income statement (TTM) | |
|---|---|
| Revenue | US$2.52b |
| Cost of Revenue | US$0 |
| Gross Profit | US$2.52b |
| Expenses | US$1.93b |
| Earnings | US$589.78m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.64 |
| Gross Margin | 100.00% |
| Net Profit Margin | 23.37% |
| Debt/Equity Ratio | 113.5% |
How did NMRK perform over the long term?
See historical performance and comparisonDividends
0.2%
Current Dividend Yield1%
Payout RatioValuation
Is Newmark Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NMRK ($16.44) is trading below our estimate of fair value ($39.89)
Significantly Below Fair Value: NMRK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NMRK is good value based on its PE Ratio (6.2x) compared to the US Real Estate industry average (16.3x).
PE vs Market: NMRK is good value based on its PE Ratio (6.2x) compared to the US market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: NMRK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NMRK is overvalued based on its PB Ratio (2.9x) compared to the US Real Estate industry average (1.6x).
Future Growth
How is Newmark Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
-51.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NMRK's earnings are forecast to decline over the next 3 years (-51.9% per year).
Earnings vs Market: NMRK's earnings are forecast to decline over the next 3 years (-51.9% per year).
High Growth Earnings: NMRK's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NMRK's revenue (6.7% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: NMRK's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NMRK's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Newmark Group performed over the past 5 years?
18.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NMRK has a large one-off gain of $1.1B impacting its September 30 2021 financial results.
Growing Profit Margin: NMRK's current net profit margins (23.4%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: NMRK's earnings have grown by 18.4% per year over the past 5 years.
Accelerating Growth: NMRK's earnings growth over the past year (858.8%) exceeds its 5-year average (18.4% per year).
Earnings vs Industry: NMRK earnings growth over the past year (858.8%) exceeded the Real Estate industry 85.5%.
Return on Equity
High ROE: Whilst NMRK's Return on Equity (47.85%) is outstanding, this metric is skewed due to their high level of debt.
Financial Health
How is Newmark Group's financial position?
Financial Position Analysis
Short Term Liabilities: NMRK's short term assets ($2.6B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: NMRK's short term assets ($2.6B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: NMRK's net debt to equity ratio (70.6%) is considered high.
Reducing Debt: NMRK's debt to equity ratio has increased from 0.6% to 113.5% over the past 5 years.
Debt Coverage: NMRK's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: Insufficient data to determine if NMRK's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Newmark Group current dividend yield, its reliability and sustainability?
0.24%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NMRK's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: NMRK's dividend (0.24%) is low compared to the top 25% of dividend payers in the US market (3.44%).
Stability and Growth of Payments
Stable Dividend: NMRK is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: NMRK is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: NMRK is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NMRK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.4yrs
Average management tenure
CEO
Barry Gosin (70 yo)
43yrs
Tenure
US$8,728,712
Compensation
Mr. Barry M. Gosin has been the Chief Executive Officer of Newmark Group, Inc. (formerly known as Newmark Grubb Knight Frank Capital Group) and Newmark Grubb Knight Frank since 1979. He serves as the Chief...
CEO Compensation Analysis
Compensation vs Market: Barry's total compensation ($USD8.73M) is above average for companies of similar size in the US market ($USD5.13M).
Compensation vs Earnings: Barry's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: NMRK's management team is seasoned and experienced (5.4 years average tenure).
Board Members
Experienced Board: NMRK's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Newmark Group, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Newmark Group, Inc.
- Ticker: NMRK
- Exchange: NasdaqGS
- Founded: 1929
- Industry: Real Estate Services
- Sector: Real Estate
- Implied Market Cap: US$3.671b
- Market Cap: US$3.225b
- Shares outstanding: 223.30m
- Website: https://www.ngkf.com
Number of Employees
Location
- Newmark Group, Inc.
- 125 Park Avenue
- New York
- New York
- 10017
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 23:30 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.