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NMRK

Newmark GroupNasdaqGS:NMRK Stock Report

Market Cap

US$3.1b

7D

6.2%

1Y

249.6%

Updated

23 Sep, 2021

Data

Company Financials +
NMRK fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health4/6
Dividends0/6

NMRK Overview

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

Newmark Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Newmark Group
Historical stock prices
Current Share PriceUS$14.30
52 Week HighUS$4.02
52 Week LowUS$14.39
Beta1.9
1 Month Change6.64%
3 Month Change14.31%
1 Year Change249.63%
3 Year Change28.25%
5 Year Changen/a
Change since IPO2.51%

Recent News & Updates

Sep 02
Is Now An Opportune Moment To Examine Newmark Group, Inc. (NASDAQ:NMRK)?

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...

Aug 12
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
7D6.2%1.4%-0.5%
1Y249.6%-4.4%37.5%

Return vs Industry: NMRK exceeded the US Real Estate industry which returned -1.1% over the past year.

Return vs Market: NMRK exceeded the US Market which returned 36.2% over the past year.

Price Volatility

Is NMRK's price volatile compared to industry and market?
NMRK volatility
NMRK Beta1.9
Industry Beta1.61
Market Beta1

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

FoundedEmployeesCEOWebsite
19294,100Barry 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$3.06b
Earnings (TTM)US$533.33m
Revenue (TTM)US$2.17b

5.9x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NMRK income statement (TTM)
RevenueUS$2.17b
Cost of RevenueUS$0
Gross ProfitUS$2.17b
ExpensesUS$1.64b
EarningsUS$533.33m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.93
Gross Margin100.00%
Net Profit Margin24.56%
Debt/Equity Ratio68.6%

How did NMRK perform over the long term?

See historical performance and comparison

Dividends

0.3%

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 ($14.3) is trading below our estimate of fair value ($33.63)

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 (26.1x).

PE vs Market: NMRK is good value based on its PE Ratio (5.9x) compared to the US market (17.7x).


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).


Future Growth

How is Newmark Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-45.1%

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


Past Performance

How has Newmark Group performed over the past 5 years?

4.7%

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.


Financial Health

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).


Balance Sheet


Dividend

What is Newmark Group current dividend yield, its reliability and sustainability?

0.28%

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 (1.35%).

High Dividend: NMRK's dividend (0.28%) is low compared to the top 25% of dividend payers in the US market (3.63%).


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?

7.3yrs

Average management tenure


CEO

Barry Gosin (70 yo)

42.67yrs

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 ($USD8.73M) is above average for companies of similar size in the US market ($USD5.28M).

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 (7.3 years average tenure).


Board Members

Experienced Board: NMRK's board of directors are considered experienced (3.3 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.


Recent Insider Transactions

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$3.056b
  • Market Cap: US$2.717b
  • Shares outstanding: 220.05m
  • 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 Analysis2021/09/23 23:06
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
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.