NMRK - Newmark Group Inc Stock Price, Fair Value and News

11.22USD+0.30 (+2.75%)Delayed

Market Summary

USD11.22+0.30

Delayed

2.75%

NMRK Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

NMRK Stock Price

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NMRK RSI Chart

NMRK Valuation

Market Cap

2.0B

Price/Earnings (Trailing)

53.48

Price/Sales (Trailing)

0.79

EV/EBITDA

9.84

Price/Free Cashflow

98.7

NMRK Price/Sales (Trailing)

NMRK Profitability

EBT Margin

3.73%

Return on Equity

2.36%

Return on Assets

0.83%

Free Cashflow Yield

1.01%

NMRK Fundamentals

NMRK Revenue

Revenue (TTM)

2.5B

Rev. Growth (Yr)

4.93%

Rev. Growth (Qtr)

-26.88%

NMRK Earnings

Earnings (TTM)

36.7M

Earnings Growth (Yr)

-57.04%

Earnings Growth (Qtr)

-144.47%

Breaking Down NMRK Revenue

Last 7 days

9.0%

Last 30 days

18.0%

Last 90 days

3.0%

Trailing 12 Months

90.2%

How does NMRK drawdown profile look like?

NMRK Financial Health

Current Ratio

1.01

Debt/Equity

0.43

Debt/Cashflow

0.1

NMRK Investor Care

Dividend Yield

1.07%

Dividend/Share (TTM)

0.12

Shares Dilution (1Y)

1.28%

Diluted EPS (TTM)

0.22

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.5B	0	0	0
2023	2.5B	2.4B	2.3B	2.5B
2022	3.1B	3.2B	3.1B	2.7B
2021	1.9B	2.2B	2.5B	2.9B
2020	2.3B	2.1B	1.9B	1.9B
2019	2.1B	2.1B	2.2B	2.2B
2018	1.7B	1.8B	1.9B	2.0B
2017	1.4B	1.5B	1.5B	1.6B
2016	0	0	0	1.3B

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Newmark Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 15, 2024	rispoli michael j.	sold (taxes)	-105,489	10.57	-9,980	chief financial officer
Jan 02, 2024	merkel stephen m	sold	-	-	-35,006	evp and chief legal officer
Dec 29, 2023	lutnick howard w	gifted	-	-	-91,241	executive chairman
Oct 05, 2023	mcintyre kenneth a jr	acquired	-	-	8,489	-
Oct 05, 2023	bauer virginia s	acquired	-	-	8,489	-
Oct 05, 2023	itzkowitz jay	acquired	-	-	8,489	-
Oct 02, 2023	rispoli michael j.	sold (taxes)	-46,913	6.43	-7,296	chief financial officer
Jul 17, 2023	lutnick howard w	gifted	-	-	-3,587	chairman
Mar 30, 2023	gosin barry m	acquired	-	-	189,024	chief executive officer
Nov 25, 2022	lutnick howard w	gifted	-	-	-479,291	chairman

Which funds bought or sold NMRK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Ancora Advisors LLC	unchanged	-	390	33,270	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.64	-75,049	1,586,140	-%
May 16, 2024	JANE STREET GROUP, LLC	added	25.16	252,340	1,199,310	-%
May 16, 2024	Colony Group, LLC	unchanged	-	1,000	111,000	-%
May 16, 2024	COMERICA BANK	reduced	-96.51	-771,419	28,236	-%
May 16, 2024	INNEALTA CAPITAL, LLC	new	-	136,995	136,995	0.06%
May 15, 2024	Cetera Advisor Networks LLC	added	3.61	24,882	538,785	-%
May 15, 2024	Engine Capital Management, LP	unchanged	-	6,136	523,481	0.11%
May 15, 2024	ALGERT GLOBAL LLC	new	-	848,000	848,000	0.03%
May 15, 2024	HGI Capital Management, LLC	reduced	-18.69	-967,001	4,486,910	4.83%

Are Funds Buying or Selling NMRK?

Are funds buying NMRK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NMRK

No. of Funds

Unveiling Newmark Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	13.06%	19,772,699	SC 13G/A
Jan 26, 2024	blackrock inc.	7.0%	10,573,671	SC 13G/A
Feb 09, 2023	vanguard group inc	13.79%	20,768,590	SC 13G/A
Feb 01, 2023	blackrock inc.	6.5%	9,755,945	SC 13G/A
Feb 03, 2022	blackrock inc.	5.8%	11,012,889	SC 13G/A
Feb 16, 2021	principal global investors	0.01%	9,190	SC 13G/A
Feb 10, 2021	vanguard group inc	13.34%	21,218,015	SC 13G/A
Jan 29, 2021	blackrock inc.	6.8%	10,837,189	SC 13G/A
Feb 14, 2020	principal global investors	5.14%	8,160,130	SC 13G
Feb 11, 2020	vanguard group inc	13.95%	22,144,037	SC 13G/A

Recent SEC filings of Newmark Group Inc

View All Filings

Date Filed	Form Type	Document
May 10, 2024	S-4	Mergers and Acquisition
May 10, 2024	10-Q	Quarterly Report
May 03, 2024	8-K	Current Report
Apr 30, 2024	8-K	Current Report
Apr 26, 2024	10-K/A	Annual Report
Mar 15, 2024	4	Insider Trading
Feb 29, 2024	10-K	Annual Report
Feb 22, 2024	8-K	Current Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Newmark Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSGP	35.7B	2.5B	2.41%	12.16%	121.44	14.14	12.26%	-19.88%
CBRE	28.0B	32.5B	7.21%	18.84%	28.14	0.86	5.07%	-12.06%
Z	10.4B	2.0B	3.71%	-3.82%	-65.12	5.16	6.03%	-14.39%
MID-CAP
JLL	9.8B	21.2B	18.97%	40.96%	32.63	0.46	1.89%	-39.82%
JOE	3.4B	404.1M	6.38%	28.03%	41.8	8.4	55.15%	19.63%
CWK	2.7B	9.4B	26.54%	44.64%	220.22	0.28	-5.93%	-83.62%
DBRG	2.2B	-	-20.99%	26.60%	6.31	2.72	18.22%	229.45%
SMALL-CAP
EXPI	1.9B	4.4B	26.26%	-15.63%	-212.43	0.44	-1.45%	-158.11%
ARL	223.1M	50.7M	-11.02%	-18.96%	81.38	4.4	22.36%	-99.25%
AXR	108.9M	44.5M	-4.35%	50.73%	48.83	2.44	-24.76%	-93.06%
CHCI	73.0M	45.1M	10.04%	78.23%	9.19	1.62	10.35%	24.96%
ASPS	48.8M	145.1M	20.67%	-58.77%	-0.93	0.34	-5.22%	1.69%

Newmark Group Inc News

Latest updates

Newmark Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-26.9%	546	747	616	586	521	607	665	755	678	984	788	630	504	601	436	384	484	632	587	551	448
Costs and Expenses	-16.0%	569	678	589	562	530	586	606	651	580	801	665	981	438	540	402	337	457	626	528	498	400
S&GA Expenses	-100.0%	-	130	141	147	119	139	121	137	138	159	152	135	107	79.00	62.00	61.00	92.00	86.00	86.00	102	88.00
EBITDA Margin	-3.0%	0.10*	0.10*	0.08*	0.09*	0.11*	0.11*	0.16*	0.20*	0.41*	0.45*	0.43*	0.46*	0.14*	-	-	-	-	-	-	-	-
Interest Expenses	-341.4%	-7.22	3.00	-7.54	-9.60	-7.59	-6.90	-7.28	-8.92	-7.87	-7.44	-8.50	-8.72	-8.81	-9.11	-9.53	-10.06	-9.03	-8.14	-8.17	-8.08	-7.70
Income Taxes	-112.1%	-3.52	29.00	8.00	7.00	-3.06	6.00	13.00	18.00	4.00	36.00	54.00	142	11.00	-1.16	33.00	0.00	5.00	-0.13	37.00	9.00	7.00
Earnings Before Taxes	-136.2%	-29.83	82.00	23.00	18.00	-19.40	18.00	51.00	80.00	5.00	221	217	727	55.00	-6.29	133	1.00	19.00	-16.46	159	41.00	30.00
EBT Margin	-11.0%	0.04*	0.04*	0.02*	0.03*	0.05*	0.06*	0.12*	0.16*	0.38*	0.42*	0.39*	0.42*	0.09*	-	-	-	-	-	-	-	-
Net Income	-144.5%	-16.25	37.00	10.00	6.00	-10.35	6.00	28.00	49.00	0.00	149	129	440	33.00	-3.78	75.00	0.00	8.00	162	89.00	23.00	17.00
Net Income Margin	-14.8%	0.01*	0.02*	0.01*	0.01*	0.03*	0.03*	0.07*	0.10*	0.23*	0.26*	0.24*	0.25*	0.05*	-	-	-	-	-	-	-	-
Free Cashflow	-136.4%	-75.82	208	403	-516	-417	909	-96.78	-171	493	269	-1,116	491	289	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.1%	4,422	4,472	4,435	4,929	4,448	3,941	4,741	4,615	4,440	5,216	5,333	4,634	4,001	3,982	4,679	4,132	3,886	3,202	3,584	3,507	3,453
Current Assets	-8.6%	1,377	1,506	1,485	1,941	1,365	1,076	2,033	1,800	1,734	2,524	2,611	2,240	1,504	1,819	2,466	1,940	1,662	1,074	1,555	1,565	1,552
Cash Equivalents	44.8%	239	165	143	164	211	233	308	355	518	267	245	238	211	258	337	367	352	222	174	165	138
Net PPE	-2.4%	174	178	177	177	171	156	149	138	137	136	134	113	115	96.00	102	103	103	98.00	94.00	84.00	82.00
Goodwill	-0.3%	774	777	769	776	774	706	699	705	657	657	652	597	98.00	560	560	560	559	558	540	543	-
Liabilities	-0.7%	2,855	2,877	2,921	3,419	2,929	2,399	3,240	3,076	2,805	3,531	3,687	3,042	3,010	3,041	3,766	3,226	2,944	2,239	2,576	2,464	2,406
Current Liabilities	-8.0%	1,370	1,490	1,598	2,323	1,818	1,576	1,877	1,692	1,455	2,193	2,305	1,695	1,469	1,705	2,251	1,656	1,376	1,045	1,605	1,522	1,524
Long Term Debt	22.5%	670	547	475	225	225	-	547	547	542	545	545	682	681	680	880	954	953	589	599	583	539
LT Debt, Current	-	-	-	130	549	548	548	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-100.0%	-	547	475	225	225	-	547	547	542	545	545	682	681	680	880	954	953	589	599	583	539
Shareholder's Equity	23.8%	1,551	1,253	1,190	1,495	1,503	1,181	1,484	1,521	1,618	1,664	1,624	1,571	971	921	890	885	921	941	979	1,016	1,021
Retained Earnings	-1.8%	1,145	1,167	1,135	1,131	1,129	1,145	1,144	1,121	1,078	1,080	932	806	372	343	348	278	282	313	345	277	276
Additional Paid-In Capital	5.0%	690	658	631	614	601	585	554	524	497	487	483	506	364	351	336	329	325	318	295	292	284
Shares Outstanding	0.7%	175	173	174	174	173	180	177	186	189	190	189	184	183	179	179	179	178	178	178	179	179
Minority Interest	-2.0%	319	326	308	304	317	344	326	322	358	386	368	346	281	266	241	312	347	341	369	456	457
Float	-	-	-	-	814,400	-	-	-	1,300	-	-	-	1,900	-	-	-	734	-	-	-	1,323	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-131.3%	-68.78	220	414	-500	-398	932	-74.30	-163	502	278	-1,111	494	291	563	-385	-302	-652	593	175	179	39.00
Cashflow From Investing	36.3%	-7.35	-11.54	95.00	-15.46	-118	-22.17	-22.52	-73.47	427	29.00	438	-4.44	-9.78	-16.11	-4.06	-2.24	19.00	-26.18	-5.04	-28.43	3.00
Cashflow From Financing	130.7%	56.00	-183	-527	473	499	-904	49.00	74.00	-677	-285	681	-463	-328	-625	360	320	763	-519	-160	-123	-91.88
Buy Backs	620.5%	37.00	5.00	19.00	13.00	-	14.00	105	145	31.00	151	84.00	46.00	9.00	6.00	-	-	-	3.00	20.00	-	-

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NMRK Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Revenues	$ 546,499	$ 520,799
Expenses:
Compensation and employee benefits	328,195	328,351
Equity-based compensation and allocations of net income to limited partnership units and FPUs	51,443	35,648
Total compensation and employee benefits	379,638	363,999
Operating, administrative and other	137,943	118,982
Fees to related parties	7,541	7,792
Depreciation and amortization	43,975	38,830
Total operating expenses	569,097	529,603
Other income (loss), net	(14)	(3,010)
Loss from operations	(22,612)	(11,814)
Interest expense, net	(7,220)	(7,591)
Loss before income taxes and noncontrolling interests	(29,832)	(19,405)
Benefit for income taxes	(3,516)	(3,056)
Consolidated net loss	(26,316)	(16,349)
Less: Net loss attributable to noncontrolling interests	(10,062)	(5,999)
Net loss available to common stockholders	(16,254)	(10,350)
Basic earnings per share
Net income available to common stockholders	$ (16,254)	$ (10,350)
Basic earnings per share (in usd per share)	$ (0.09)	$ (0.06)
Basic weighted-average shares of common stock outstanding (in shares)	174,774	172,561
Fully diluted earnings per share
Net loss for fully diluted shares	$ (16,254)	$ (10,350)
Fully diluted earnings per share (in usd per share)	$ (0.09)	$ (0.06)
Fully diluted weighted-average shares of common stock outstanding (in shares)	174,774	172,561
Management services, servicing fees and other
Revenues:
Revenues	$ 256,934	$ 212,292
Leasing and other commissions
Revenues:
Revenues	158,799	193,306
Investment sales
Revenues:
Revenues	70,823	71,993
Commercial mortgage origination, net
Revenues:
Revenues	$ 59,943	$ 43,208

NMRK Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 140,903	$ 164,894
Restricted cash	97,806	93,812
Loans held for sale, at fair value	505,668	528,944
Receivables, net	524,413	622,508
Other current assets (see Note 17)	108,527	95,946
Total current assets	1,377,317	1,506,104
Goodwill	774,156	776,547
Mortgage servicing rights, net	521,872	531,203
Loans, forgivable loans and other receivables from employees and partners, net	787,878	651,197
Right-of-use assets	568,118	596,362
Fixed assets, net	173,685	178,035
Other intangible assets, net	78,683	83,626
Other assets (see Note 17)	140,213	148,501
Total assets	4,421,922	4,471,575
Current liabilities:
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises	493,428	498,631
Accrued compensation	316,554	400,765
Accounts payable, accrued expenses and other liabilities (see Note 26)	550,718	583,564
Total current liabilities	1,370,271	1,489,604
Long-term debt	670,183	547,260
Right-of-use liabilities	568,044	598,044
Other long-term liabilities (see Note 26)	246,795	241,741
Total liabilities	2,855,293	2,876,649
Commitments and contingencies (see Note 28)
Redeemable partnership interests	15,531	16,244
Equity:
Additional paid-in capital	690,342	657,736
Retained earnings	1,145,189	1,166,675
Treasury stock at cost: 60,493,656 and 56,591,397 shares of Class A common stock at March 31, 2024 and December 31, 2023, respectively	(599,228)	(569,235)
Accumulated other comprehensive loss	(6,882)	(4,555)
Total stockholders’ equity	1,231,764	1,252,928
Noncontrolling interests	319,334	325,754
Total equity	1,551,098	1,578,682
Total liabilities, redeemable partnership interests, and equity	4,421,922	4,471,575
Related Party
Current assets:
Loans, forgivable loans and other receivables from employees and partners, net	787,900	651,200
Current liabilities:
Payables to related parties	9,571	6,644
Class A Common Stock
Equity:
Common stock value	2,131	2,095
Class B Common Stock
Equity:
Common stock value	$ 212	$ 212

About Newmark Group Inc

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. The company provides its services to commercial real estate tenants, investors, owners, occupiers, and developers, as well as lenders and multi-national corporations. It operated offices on various continents. The company was formerly known as Newmark Knight Frank and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York. Newmark Group, Inc. operates as a subsidiary of Cantor Fitzgerald, L.P.

WEBSITE	nmrk.com
INDUSTRY	Real Estate Services
EMPLOYEES	7400

Newmark Group Inc Frequently Asked Questions

What is the ticker symbol for Newmark Group Inc? What does NMRK stand for in stocks?

NMRK is the stock ticker symbol of Newmark Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Newmark Group Inc (NMRK)?

As of Fri May 17 2024, market cap of Newmark Group Inc is 1.96 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NMRK stock?

You can check NMRK's fair value in chart for subscribers.

What is the fair value of NMRK stock?

You can check NMRK's fair value in chart for subscribers. The fair value of Newmark Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Newmark Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NMRK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Newmark Group Inc a good stock to buy?

The fair value guage provides a quick view whether NMRK is over valued or under valued. Whether Newmark Group Inc is cheap or expensive depends on the assumptions which impact Newmark Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NMRK.

What is Newmark Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NMRK's PE ratio (Price to Earnings) is 53.48 and Price to Sales (PS) ratio is 0.79. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NMRK PE ratio will change depending on the future growth rate expectations of investors.