NMRK - NASDAQ
Newmark Group, Inc.
$14.54
+4.0%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. As of December 31, 2021, it operated approximately 160 offices on four 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.
At a Glance
Live SnapshotNewmark Group, Inc. Fair Value Envelope
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Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $344.0M | $688.0M | $1.4B | $2.8B | $5.5B | $11.0B | $22.0B | $44.0B | $88.1B | $176.1B |
| Maintenance CapEx | -$11.7M | -$23.5M | -$47.0M | -$94.0M | -$188.0M | -$376.0M | -$751.9M | -$1.5B | -$3.0B | -$6.0B |
| Owner Earnings | $332.3M | $664.5M | $1.3B | $2.7B | $5.3B | $10.6B | $21.3B | $42.5B | $85.1B | $170.1B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $307.6M | $569.7M | $1.1B | $2.0B | $3.6B | $6.7B | $12.4B | $23.0B | $42.5B | $78.8B |
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