Newmark Group Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $7.07
- Today's High:
- $7.245
- Open Price:
- $7.07
- 52W Low:
- $5.0178
- 52W High:
- $10.3385
- Prev. Close:
- $7.09
- Volume:
- 605153
Company Statistics
- Market Cap.:
- $1.75 billion
- Book Value:
- 6.868
- Revenue TTM:
- $2.38 billion
- Operating Margin TTM:
- 4.91%
- Gross Profit TTM:
- $2.71 billion
- Profit Margin:
- 1.28%
- Return on Assets TTM:
- 1.53%
- Return on Equity TTM:
- 2.95%
Company Profile
Newmark Group Inc had its IPO on 2017-12-15 under the ticker symbol NMRK.
The company operates in the Real Estate sector and Real Estate Services industry. Newmark Group Inc has a staff strength of 7,400 employees.
Stock update
Shares of Newmark Group Inc opened at $7.07 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $7.07 - $7.25, and closed at $7.14.
This is a +0.71% increase from the previous day's closing price.
A total volume of 605,153 shares were traded at the close of the day’s session.
In the last one week, shares of Newmark Group Inc have slipped by -1.24%.
Newmark Group Inc's Key Ratios
Newmark Group Inc has a market cap of $1.75 billion, indicating a price to book ratio of 1.2482 and a price to sales ratio of 0.6041.
In the last 12-months Newmark Group Inc’s revenue was $2.38 billion with a gross profit of $2.71 billion and an EBITDA of $270.99 million. The EBITDA ratio measures Newmark Group Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Newmark Group Inc’s operating margin was 4.91% while its return on assets stood at 1.53% with a return of equity of 2.95%.
In Q2, Newmark Group Inc’s quarterly earnings growth was a negative -85.9% while revenue growth was a negative 22.4%.
Newmark Group Inc’s PE and PEG Ratio
- Forward PE
- 5.7405
- Trailing PE
- 40.1667
- PEG
Its diluted EPS in the last 12-months stands at $0.18 per share while it has a forward price to earnings multiple of 5.7405 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Newmark Group Inc’s profitability.
Newmark Group Inc stock is trading at a EV to sales ratio of 1.0944 and a EV to EBITDA ratio of 6.1468. Its price to sales ratio in the trailing 12-months stood at 0.6041.
Newmark Group Inc stock pays annual dividends of $0.12 per share, indicating a yield of 1.66% and a payout ratio of 12%.
Balance sheet and cash flow metrics
- Total Assets
- $4.92 billion
- Total Liabilities
- $2.31 billion
- Operating Cash Flow
- $-15460000.00
- Capital Expenditure
- $15.46 million
- Dividend Payout Ratio
- 12%
Newmark Group Inc ended 2024 with $4.92 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.92 billion while shareholder equity stood at $1.51 billion.
Newmark Group Inc ended 2024 with $0 in deferred long-term liabilities, $2.31 billion in other current liabilities, 2265000.00 in common stock, $1.13 billion in retained earnings and $775.86 million in goodwill. Its cash balance stood at $164.37 million and cash and short-term investments were $164.68 million. The company’s total short-term debt was $1,480,560,000 while long-term debt stood at $225.00 million.
Newmark Group Inc’s total current assets stands at $1.93 billion while long-term investments were $7.69 million and short-term investments were $310000.00. Its net receivables were $532.76 million compared to accounts payable of $514.11 million and inventory worth $1.02 billion.
In 2024, Newmark Group Inc's operating cash flow was $-15460000.00 while its capital expenditure stood at $15.46 million.
Comparatively, Newmark Group Inc paid $0.12 in dividends in 2024.
Other key metrics
- Current Trading Price
- $7.14
- 52-Week High
- $10.3385
- 52-Week Low
- $5.0178
- Analyst Target Price
- $7.33
Newmark Group Inc stock is currently trading at $7.14 per share. It touched a 52-week high of $10.3385 and a 52-week low of $10.3385. Analysts tracking the stock have a 12-month average target price of $7.33.
Its 50-day moving average was $7 and 200-day moving average was $7.15 The short ratio stood at 3.66 indicating a short percent outstanding of 0%.
Around 746% of the company’s stock are held by insiders while 6370.2% are held by institutions.
Frequently Asked Questions About Newmark Group Inc
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About
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.