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NMRK

Newmark GroupNasdaqGS:NMRK Stock Report

Last Price

US$16.44

Market Cap

US$3.7b

7D

-1.4%

1Y

131.9%

Updated

17 Jan, 2022

Data

Company Financials +
NMRK fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends0/6

NMRK Stock Overview

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

Newmark Group Competitors

CBRE Group

NYSE:CBRE

US$34.1b

Jones Lang LaSalle

NYSE:JLL

US$12.9b

Cushman & Wakefield

NYSE:CWK

US$4.9b

Marcus & Millichap

NYSE:MMI

US$1.9b

Price History & Performance

Summary of all time highs, changes and price drops for Newmark Group
Historical stock prices
Current Share PriceUS$16.44
52 Week HighUS$19.10
52 Week LowUS$6.56
Beta1.79
1 Month Change3.72%
3 Month Change12.22%
1 Year Change131.88%
3 Year Change59.15%
5 Year Changen/a
Change since IPO17.85%

Recent News & Updates

Dec 27
When Should You Buy Newmark Group, Inc. (NASDAQ:NMRK)?

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...

Dec 01
Should You Be Adding Newmark Group (NASDAQ:NMRK) To Your Watchlist Today?

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

NMRKUS Real EstateUS Market
7D-1.4%-0.06%-0.3%
1Y131.9%-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

Is NMRK's price volatile compared to industry and market?
NMRK volatility
NMRK Average Weekly Movement5.6%
Real Estate Industry Average Movement8.1%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

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

FoundedEmployeesCEOWebsite
19294,150Barry Gosinhttps://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

How do Newmark Group's earnings and revenue compare to its market cap?
NMRK fundamental statistics
Market CapUS$3.67b
Earnings (TTM)US$589.78m
Revenue (TTM)US$2.52b

6.2x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NMRK income statement (TTM)
RevenueUS$2.52b
Cost of RevenueUS$0
Gross ProfitUS$2.52b
ExpensesUS$1.93b
EarningsUS$589.78m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.64
Gross Margin100.00%
Net Profit Margin23.37%
Debt/Equity Ratio113.5%

How did NMRK perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

1%

Payout Ratio

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 23:30
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.