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$14.24|
|52 Week High||US$4.04|
|52 Week Low||US$14.39|
|1 Month Change||8.37%|
|3 Month Change||13.83%|
|1 Year Change||237.44%|
|3 Year Change||27.26%|
|5 Year Change||n/a|
|Change since IPO||2.08%|
Recent News & Updates
Is Now An Opportune Moment To Examine Newmark Group, Inc. (NASDAQ:NMRK)?
Newmark Group, Inc. ( NASDAQ:NMRK ), might not be a large cap stock, but it received a lot of attention from a...
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...
|NMRK||US Real Estate||US Market|
Return vs Industry: NMRK exceeded the US Real Estate industry which returned -4.4% over the past year.
Return vs Market: NMRK exceeded the US Market which returned 37.5% over the past year.
Stable Share Price: NMRK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NMRK's weekly volatility (5%) has been stable over the past year.
About the Company
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|
Is NMRK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NMRK income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.42|
|Net Profit Margin||24.56%|
How did NMRK perform over the long term?See historical performance and comparison
0.3%Current Dividend Yield
Is Newmark Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NMRK ($14.24) is trading below our estimate of fair value ($33.86)
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 (5.9x) compared to the US Real Estate industry average (26.2x).
PE vs Market: NMRK is good value based on its PE Ratio (5.9x) compared to the US market (17.9x).
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 (2.6x) compared to the US Real Estate industry average (1.6x).
How is Newmark Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
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 (-45.1% per year).
Earnings vs Market: NMRK's earnings are forecast to decline over the next 3 years (-45.1% per year).
High Growth Earnings: NMRK's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NMRK's revenue (7.5% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: NMRK's revenue (7.5% 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
How has Newmark Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NMRK has high quality earnings.
Growing Profit Margin: NMRK's current net profit margins (24.6%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: NMRK's earnings have grown by 4.7% per year over the past 5 years.
Accelerating Growth: NMRK's earnings growth over the past year (612.2%) exceeds its 5-year average (4.7% per year).
Earnings vs Industry: NMRK earnings growth over the past year (612.2%) exceeded the Real Estate industry 61.9%.
Return on Equity
High ROE: NMRK's Return on Equity (45.5%) is considered outstanding.
How is Newmark Group's financial position?
Financial Position Analysis
Short Term Liabilities: NMRK's short term assets ($2.2B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: NMRK's short term assets ($2.2B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: NMRK's debt to equity ratio (68.6%) is considered high.
Reducing Debt: NMRK's debt to equity ratio has increased from 19.9% to 68.6% over the past 5 years.
Debt Coverage: NMRK's debt is well covered by operating cash flow (88.1%).
Interest Coverage: NMRK's interest payments on its debt are well covered by EBIT (25.8x coverage).
What is Newmark Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NMRK's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: NMRK's dividend (0.28%) is low compared to the top 25% of dividend payers in the US market (3.59%).
Stability and Growth of Payments
Stable Dividend: NMRK is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: NMRK is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: NMRK is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NMRK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Barry Gosin (70 yo)
Mr. Barry M. Gosin has been the Chief Executive Officer of Newmark Group, Inc. (formerly known as Newmark Grubb Knight Frank Capital Group) and Newmark Grubb Knight Frank since 1979. He serves as the Chief...
CEO Compensation Analysis
Compensation vs Market: Barry's total compensation ($USD8.73M) is above average for companies of similar size in the US market ($USD5.25M).
Compensation vs Earnings: Barry's compensation has been consistent with company performance over the past year.
Experienced Management: NMRK's management team is seasoned and experienced (7.3 years average tenure).
Experienced Board: NMRK's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Newmark Group, Inc.'s employee growth, exchange listings and data sources
- Name: Newmark Group, Inc.
- Ticker: NMRK
- Exchange: NasdaqGS
- Founded: 1929
- Industry: Real Estate Services
- Sector: Real Estate
- Implied Market Cap: US$3.147b
- Market Cap: US$2.797b
- Shares outstanding: 220.05m
- Website: https://www.ngkf.com
Number of Employees
- Newmark Group, Inc.
- 125 Park Avenue
- New York
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 22:15|
|End of Day Share Price||2021/09/24 00:00|