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

9.56USD-0.01 (-0.10%)Market Closed

Market Summary

USD9.56-0.01

Market Closed

-0.10%

NMRK Stock Price

View Fullscreen

NMRK RSI Chart

NMRK Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

38.95

Price/Sales (Trailing)

0.67

EV/EBITDA

8.23

Price/Free Cashflow

-5.16

NMRK Price/Sales (Trailing)

NMRK Profitability

EBT Margin

4.19%

Return on Equity

3.4%

Return on Assets

0.95%

Free Cashflow Yield

-19.38%

NMRK Fundamentals

NMRK Revenue

Revenue (TTM)

2.5B

Rev. Growth (Yr)

23.08%

Rev. Growth (Qtr)

21.28%

NMRK Earnings

Earnings (TTM)

42.6M

Earnings Growth (Yr)

468.54%

Earnings Growth (Qtr)

267.43%

Breaking Down NMRK Revenue

Last 7 days

-6.6%

Last 30 days

-13.3%

Last 90 days

-1.5%

Trailing 12 Months

51.0%

How does NMRK drawdown profile look like?

NMRK Financial Health

Current Ratio

1.01

Debt/Equity

0.44

Debt/Cashflow

-0.49

NMRK Investor Care

Dividend Yield

1.26%

Buy Backs (1Y)

3.81%

Diluted EPS (TTM)

0.25

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
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

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

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
Apr 19, 2024	DENALI ADVISORS LLC	reduced	-7.27	-342,263	5,209,300	1.53%
Apr 19, 2024	Leeward Investments, LLC - MA	reduced	-4.21	-635,787	20,030,200	0.89%
Apr 19, 2024	Mesirow Financial Investment Management, Inc.	reduced	-23.15	-65,171	326,334	1.63%
Apr 18, 2024	Hexagon Capital Partners LLC	reduced	-8.7	-173	2,096	-%
Apr 18, 2024	Diversified Trust Co	added	5.44	16,174	257,831	0.01%
Apr 18, 2024	SJS Investment Consulting Inc.	added	76.92	226	511	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	9.2	38,347	403,654	-%
Apr 17, 2024	Stephens Consulting, LLC	unchanged	-	54.00	4,625	-%
Apr 16, 2024	Edge Wealth Management LLC	added	-	21,401	1,819,430	0.38%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	added	0.8	6,934	354,969	-%

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
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
Jan 26, 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	34.8B	2.5B	-12.55%	22.04%	92.97	14.19	12.49%	1.41%
CBRE	26.3B	31.9B	-11.24%	17.51%	26.67	0.82	3.64%	-29.92%
Z	9.9B	1.9B	-14.51%	-7.19%	-62.43	5.07	-0.66%	-56.44%
MID-CAP
JLL	8.5B	20.8B	-6.87%	29.50%	37.66	0.41	-0.49%	-65.56%
JOE	3.3B	389.3M	0.64%	32.86%	42.12	8.41	54.28%	9.57%
DBRG	2.7B	821.4M	-5.05%	46.24%	14.78	3.33	18.22%	157.58%
CWK	2.2B	9.5B	-5.95%	-2.00%	-60.88	0.23	-6.06%	-118.02%
SMALL-CAP
EXPI	1.6B	4.3B	4.12%	-17.02%	-173.06	0.36	-6.90%	-158.11%
ARL	234.5M	50.5M	-13.24%	-18.48%	59.1	4.64	34.51%	-98.94%
AXR	110.7M	44.5M	-12.75%	40.09%	49.66	2.49	-24.76%	-93.06%
CHCI	76.4M	44.7M	56.30%	60.49%	9.81	1.71	13.76%	5.95%
ASPS	44.9M	145.1M	-34.92%	-56.15%	-0.8	0.31	-5.26%	-6.11%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	21.3%	747	616	586	521	607	665	755	678	984	788	630	504	601	436	384	484	632	587	551	448	632
Costs and Expenses	15.0%	678	589	562	530	586	606	651	580	801	665	981	438	540	402	337	457	626	528	498	400	569
S&GA Expenses	-7.8%	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	91.00
EBITDA Margin	31.9%	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	139.7%	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	-14.70
Income Taxes	248.1%	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	37.00
Earnings Before Taxes	266.2%	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	76.00
EBT Margin	147.0%	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	267.4%	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	18.00
Net Income Margin	222.4%	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	-48.3%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.8%	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	3,454
Current Assets	1.4%	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	1,757
Cash Equivalents	15.0%	165	143	164	211	233	308	355	518	267	245	238	211	258	337	367	352	222	174	165	138	187
Net PPE	0.7%	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	79.00
Goodwill	1.0%	777	769	776	774	706	699	705	657	657	652	597	98.00	560	560	560	559	558	540	543	515	-
Liabilities	-1.5%	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	2,371
Current Liabilities	-6.8%	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	1,665
Long Term Debt	15.2%	547	475	225	225	-	547	547	542	545	545	682	681	680	880	954	953	589	599	583	539	538
LT Debt, Current	-100.0%	-	130	549	548	548	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	15.2%	547	475	225	225	-	547	547	542	545	545	682	681	680	880	954	953	589	599	583	539	538
Shareholder's Equity	5.3%	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	1,057
Retained Earnings	2.8%	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	278
Additional Paid-In Capital	4.2%	658	631	614	601	585	554	524	497	487	483	506	364	351	336	329	325	318	295	292	284	285
Shares Outstanding	-0.4%	173	174	174	173	180	177	186	189	190	189	184	183	179	179	179	178	178	178	179	179	157
Minority Interest	5.7%	326	308	304	317	344	326	322	358	386	368	346	281	266	241	312	347	341	369	456	457	489
Float	-	-	-	814	-	-	-	1,300	-	-	-	1,900	-	-	-	734	-	-	-	1,323	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-46.8%	219,977	413,540	-500,638	-398,840	931,608	-74,299	-163,121	502,155	277,848	-1,111,699	494,182	290,960	563,356	-385,955	-302,694	-652,401	593,346	174,805	179,177	39,433	303,993
Cashflow From Investing	-112.1%	-11,540	95,314	-15,460	-118,059	-22,174	-22,518	-73,475	426,796	29,100	438,208	-4,437	-9,783	-16,108	-4,058	-2,236	18,800	-26,183	-5,044	-28,433	2,872	24,252
Cashflow From Financing	65.3%	-183,006	-527,283	473,098	498,651	-904,020	49,193	73,799	-677,492	-285,653	681,049	-463,247	-328,427	-625,511	359,537	320,479	763,318	-519,606	-160,777	-123,245	-91,878	-527,897
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-27,858
Buy Backs	-72.7%	5,158	18,909	13,361	-	13,609	105,265	145,035	30,893	151,204	84,132	45,919	9,283	6,364	-	-	-	3,385	20,087	-	-	-

NMRK Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Revenues:

Revenues

$ 2,470,368

$ 2,705,527

$ 2,906,443

Expenses:

Compensation and employee benefits

1,489,138

1,554,784

1,828,887

Equity-based compensation and allocations of net income to limited partnership units and FPUs

139,747

138,312

356,345

Total compensation and employee benefits

1,628,885

1,693,096

2,185,232

Operating, administrative and other

536,697

534,843

553,623

Fees to related parties

27,204

28,502

23,789

Depreciation and amortization

166,221

165,816

121,729

Total operating expenses

2,359,007

2,422,257

2,884,373

Other income (loss), net

13,854

(97,701)

1,232,495

Income from operations

125,215

185,569

1,254,565

Interest expense, net

(21,737)

(30,970)

(33,473)

Income before income taxes and noncontrolling interests

103,478

154,599

1,221,092

Provision for income taxes

41,103

42,054

242,958

Consolidated net income

62,375

112,545

978,134

Less: Net income attributable to noncontrolling interests

19,800

29,270

227,406

Net income available to common stockholders

42,575

83,275

750,728

Basic earnings per share

Net income available to common stockholders

^[1]

$ 42,575

$ 83,275

$ 744,528

Basic earnings per share (in usd per share)

$ 0.25

$ 0.46

$ 3.91

Basic weighted-average shares of common stock outstanding (in shares)

173,475

180,337

190,179

Fully diluted earnings per share

Net income for fully diluted shares

$ 42,575

$ 110,403

$ 744,528

Fully diluted earnings per share (in usd per share)

$ 0.24

$ 0.45

$ 3.80

Fully diluted weighted-average shares of common stock outstanding (in shares)

176,382

245,177

195,813

Management services, servicing fees and other

Revenues:

Revenues

$ 970,877

$ 909,485

$ 915,715

Leasing and other commissions

Revenues:

Revenues

839,595

831,874

826,942

Investment sales

Revenues:

Revenues

381,276

606,416

757,744

Commercial mortgage origination, net

Revenues:

Revenues

$ 278,620

$ 357,752

$ 406,042

[1]	Includes a reduction for dividends on EPUs in the amount of $6.2 million for the year ended December 31, 2021(see Note 1 — “Organization and Basis of Presentation”).

NMRK Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 164,894	$ 233,016
Restricted cash	93,812	79,936
Loans held for sale, at fair value	528,944	138,345
Receivables, net	622,508	523,742
Other current assets (see Note 17)	95,946	100,976
Total current assets	1,506,104	1,076,015
Goodwill	776,547	705,894
Mortgage servicing rights, net	531,203	568,552
Loans, forgivable loans and other receivables from employees and partners, net	651,197	500,833
Right-of-use assets	596,362	638,592
Fixed assets, net	178,035	155,639
Other intangible assets, net	83,626	80,968
Other assets (see Note 17)	148,501	214,266
Total assets	4,471,575	3,940,759
Current liabilities:
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises	498,631	137,406
Accrued compensation	400,765	369,540
Accounts payable, accrued expenses and other liabilities (see Note 26)	583,564	511,584
Short-term debt	0	547,784
Total current liabilities	1,489,604	1,576,059
Long-term debt	547,260	0
Right-of-use liabilities	598,044	627,088
Other long-term liabilities (see Note 26)	241,741	196,197
Total liabilities	2,876,649	2,399,344
Commitments and contingencies (see Note 28)
Redeemable partnership interests	16,244	16,550
Equity:
Additional paid-in capital	657,736	584,709
Retained earnings	1,166,675	1,145,006
Treasury stock at cost: 56,591,397 and 50,797,172 shares of Class A common stock at December 31, 2023 and December 31, 2022, respectively	(569,235)	(538,612)
Accumulated other comprehensive loss	(4,555)	(11,989)
Total stockholders’ equity	1,252,928	1,181,337
Noncontrolling interests	325,754	343,528
Total equity	1,578,682	1,524,865
Total liabilities, redeemable partnership interests, and equity	4,471,575	3,940,759
Related Party
Current liabilities:
Payables to related parties	6,644	9,745
Class A Common Stock
Equity:
Common stock value	2,095	2,011
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 Apr 19 2024, market cap of Newmark Group Inc is 1.66 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 Apr 19 2024, NMRK's PE ratio (Price to Earnings) is 38.99 and Price to Sales (PS) ratio is 0.67. 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.