Real Estate -
Real Estate - Services - NASDAQ - US
$ 13.29
0.302 %
$ 2.27 B
Market Cap
44.3
P/E
1. INTRINSIC VALUE
Balance Sheet
Newmark Group, Inc.
| Current Assets | 1.51 B |
| Cash & Short-Term Investments | 165 M |
| Receivables | 623 M |
| Other Current Assets | 719 M |
| Non-Current Assets | 2.97 B |
| Long-Term Investments | 4.9 M |
| PP&E | 774 M |
| Other Non-Current Assets | 2.19 B |
| Current Liabilities | 1.49 B |
| Accounts Payable | 266 M |
| Short-Term Debt | 606 M |
| Other Current Liabilities | 617 M |
| Non-Current Liabilities | 1.4 B |
| Long-Term Debt | 1.15 B |
| Other Non-Current Liabilities | 258 M |
EFFICIENCY
Earnings Waterfall
Newmark Group, Inc.
| Revenue | 2.47 B |
| Cost Of Revenue | 0 |
| Gross Profit | 2.47 B |
| Operating Expenses | 2.35 B |
| Operating Income | 125 M |
| Other Expenses | 82.6 M |
| Net Income | 42.6 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Newmark Group, Inc.
| Net Income | 42.6 M |
| Depreciation & Amortization | 166 M |
| Capital Expenditures | -55.4 M |
| Stock-Based Compensation | 140 M |
| Change in Working Capital | -261 M |
| Others | -681 M |
| Free Cash Flow | -321 M |
Wall Street Analysts Price Targets
Newmark Group, Inc.
Wall Street analysts predict an average 1-year price target for NMRK of $14.4 , with forecasts ranging from
a
low of
$8 to a high of $17 .
NMRK Lowest Price Target
Wall Street Target
8 USD
-39.80%
NMRK Average Price Target
Wall Street Target
14.4 USD
8.57%
NMRK Highest Price Target
Wall Street Target
17 USD
27.92%
4. DIVIDEND
ANALYSIS
0.19%
DIVIDEND YIELD
0.03 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Newmark Group, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
Jan 02, 2024
|
Sell 350
USD
|
MERKEL STEPHEN M
EVP and Chief Legal Officer
|
- 35006
|
0.01 USD |
|
2 years ago
Jun 14, 2022
|
Bought
3 M USD
|
LUTNICK HOWARD W
Chairman
|
+ 329000
|
9.1055 USD |
|
2 years ago
May 23, 2022
|
Bought
3 M USD
|
LUTNICK HOWARD W
Chairman
|
+ 277000
|
10.8302 USD |
|
2 years ago
Feb 24, 2022
|
Bought
1.94 M USD
|
LUTNICK HOWARD W
Chairman
|
+ 116700
|
16.62 USD |
|
2 years ago
Feb 23, 2022
|
Bought
164 K USD
|
LUTNICK HOWARD W
Chairman
|
+ 9800
|
16.75 USD |
|
2 years ago
Feb 15, 2022
|
Bought
1.65 M USD
|
LUTNICK HOWARD W
Chairman
|
+ 100000
|
16.49 USD |
|
2 years ago
Feb 14, 2022
|
Bought
826 K USD
|
LUTNICK HOWARD W
Chairman
|
+ 50000
|
16.53 USD |
|
2 years ago
Feb 11, 2022
|
Bought
3.94 M USD
|
LUTNICK HOWARD W
Chairman
|
+ 227000
|
17.36 USD |
|
4 years ago
Nov 09, 2020
|
Sell 6.92 K
USD
|
MERKEL STEPHEN M
EVP and Chief Legal Officer
|
- 1043
|
6.63 USD |
|
5 years ago
May 15, 2019
|
Bought
9.58 K USD
|
Gosin Barry M
Chief Executive Officer
|
+ 1200
|
7.98 USD |
|
5 years ago
May 14, 2019
|
Bought
565 K USD
|
Gosin Barry M
Chief Executive Officer
|
+ 70686
|
7.99 USD |
|
5 years ago
May 13, 2019
|
Bought
2.27 M USD
|
Gosin Barry M
Chief Executive Officer
|
+ 294173
|
7.73 USD |
|
5 years ago
May 10, 2019
|
Bought
1.49 M USD
|
Gosin Barry M
Chief Executive Officer
|
+ 196225
|
7.59 USD |
|
6 years ago
Dec 12, 2018
|
Bought
951 K USD
|
Gosin Barry M
Chief Executive Officer
|
+ 102796
|
9.25 USD |
|
6 years ago
Dec 11, 2018
|
Bought
5.41 M USD
|
Gosin Barry M
Chief Executive Officer
|
+ 584567
|
9.25 USD |
|
6 years ago
Dec 10, 2018
|
Bought
2.63 M USD
|
Gosin Barry M
Chief Executive Officer
|
+ 306429
|
8.59 USD |
|
6 years ago
Dec 07, 2018
|
Bought
83.8 K USD
|
Bauer Virginia S
Director
|
+ 10000
|
8.38 USD |
7. News
Are Investors Undervaluing Newmark Group (NMRK) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 1 week ago
Newmark Arranges $600 Million Construction Financing for 50 MW Build-to-Suit Data Center for Blue Owl, Chirisa and PowerHouse
NEW YORK , Dec. 13, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the firm has arranged a $600 million loan to capitalize a 50 megawatt build-to-suit data center development by Blue Owl Real Estate, Chirisa and PowerHouse Data Centers in Northern Virginia. The financing was arranged by Newmark's Co-Presidents of Global Debt & Structured Finance Jordan Roeschlaub and Jonathan Firestone , along with Clint Frease , Nick Scribani , Ben Kroll and John Caraviello in collaboration with Brent Mayo , Head of Newmark's Data Center Capital Markets.
prnewswire.com
- 1 month ago
Newmark Arranges $400 Million Financing Facility for PORT 32 Marinas
NEW YORK , Dec. 12, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces that the firm has arranged a $400 million credit facility for PORT 32 Marinas to refinance its existing portfolio of coastal marinas, and to fund the future acquisition of marinas. Newmark's Co-Head, Global Debt & Structured Finance Jordan Roeschlaub and Vice Chairman Chris Kramer , in collaboration with Co-Head, Global Debt & Structured Finance Jonathan Firestone arranged the financing, which was provided by the Austria-based bank, BAWAG Group.
prnewswire.com
- 1 month ago
Newmark Arranges $525 Million Refinancing for Flexible Living Apartment Portfolio Operated by Sentral
First-of-its-kind single-asset, single-borrower ("SASB") transaction validates flexible apartment properties as an institutional asset class LOS ANGELES , Dec. 11, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the completion of a landmark $525 million refinancing on behalf of ICONIQ Capital and Sentral: a first-of-its-kind single-asset, single-borrower CMBS loan to refinance flexible apartment properties. Newmark Co-President of Debt & Structured Finance Jonathan Firestone and Vice Chairman Bill Fishel arranged the financing, which was provided by Deutsche Bank and Goldman Sachs.
prnewswire.com
- 1 month ago
Newmark Named Best Real Estate Consultant by Euromoney
Global Win Among Four Honors Worldwide NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, has been named the world's Best Commercial Real Estate Consultant by Euromoney. The honor was among four collected by Newmark, including several in Latin America.
prnewswire.com
- 1 month ago
Newmark Arranges $1.75 Billion Refinancing for Two of Fontainebleau Development's Award-Winning Florida Resorts
NEW YORK , Dec. 9, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it has arranged $1.2 billion and $550 million loans on behalf of Fontainebleau Development for the refinancing of award-winning South Florida resorts Fontainebleau Miami Beach and the JW Marriott Miami Turnberry Resort & Spa, respectively. Newmark Co-Presidents of Global Debt & Structured Finance Jordan Roeschlaub and Jonathan Firestone , Vice Chairman Nick Scribani , Managing Director Tyler Dumon and Director John Caraviello secured the financing from Goldman Sachs and J.P.
prnewswire.com
- 1 month ago
Newmark's Executive Chairman Howard W. Lutnick Nominated for U.S. Secretary of Commerce
NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark") Executive Chairman Howard W. Lutnick provided the following statement: "I am deeply honored to have been nominated by President Donald J.
prnewswire.com
- 1 month ago
Newmark Facilitates Sale of 427,799-SF Office Campus in Dallas' Sought-After Preston Center Submarket
Transaction Marks Largest Office Sale1 in Texas in 2024 DALLAS , Nov. 21, 2024 /PRNewswire/ -- Newmark announces it has arranged the sale of Preston Commons , a three-building, 427,799-square-foot office campus located in Dallas' coveted Preston Center submarket. Newmark Vice Chairmen Robert Hill , Chris Murphy and Gary Carr represented the seller in the transaction.
prnewswire.com
- 1 month ago
Newmark Advises URW in €172.5 Million Office Sale
PARIS , Nov. 13, 2024 /PRNewswire/ -- Newmark announces the firm has advised Unibail-Rodamco-Westfield (URW) in the €172.5 million sale of the 140,846 square-foot (13,085 square-meter) office portion of Les Ateliers Gaîté, a mixed-use property in the prominent Montparnasse district of Paris. Newmark Deputy Chief Business Officer Emmanuel Frénot arranged the transaction between URW and buyers Swiss Life Asset Managers and Norges Bank Investment Management.
prnewswire.com
- 2 months ago
Newmark Group: Beat-And-Raise Q3 Supports A Buy
NMRK's normalized EPS rose by +22% YoY in Q3 2024, and this was equivalent to a +11% bottom-line beat. Newmark lifted its full-year revenue and earnings guidance, and the market sees NMRK expanding its non-GAAP adjusted EPS by +22% next year. I am still rating NMRK as a Buy, as I find the stock's low teens multiple to be attractive.
seekingalpha.com
- 2 months ago
Newmark Advises on Sale of Iconic W Hotel South Beach
Sale Marks Largest Miami Hotel Transaction This Year NEW YORK , Nov. 5, 2024 /PRNewswire/ -- Newmark announces the more than $400 million sale of the 20-story oceanfront W Hotel South Beach in Miami, Florida. Newmark was an advisor to the seller, Tricap1.
prnewswire.com
- 2 months ago
Newmark Group, Inc. (NMRK) Q3 2024 Earnings Call Transcript
Newmark Group, Inc. (NASDAQ:NMRK ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Jason McGruder - Head of Investor Relations Barry Gosin - Chief Executive Officer Mike Rispoli - Chief Financial Officer Luis Alvarado - CRO & East Region Market Leader Conference Call Participants Connor Mitchell - Piper Sandler Jade Rahmani - KBW Patrick O'Shaughnessy - Raymond James Operator Ladies and gentlemen, good day, and welcome to the Newmark Group 3Q 2024 Financial Results Call. Today's conference is being recorded.
seekingalpha.com
- 2 months ago
8. Profile
Summary
Newmark Group, Inc. NMRK
COUNTRY
US
INDUSTRY
Real Estate - Services
MARKET CAP
$ 2.27 B
Dividend Yield
0.19%
Description
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.
Contact
125 Park Avenue, New York, NY, 10017
https://nmrk.com
IPO
Date
Dec. 15, 2017
Employees
7800
Officers
Ms. Angie Leccese
Chief Marketing Officer
Mr. Michael J. Rispoli CPA
Chief Financial Officer
Ms. Karen Mitchell
Chief Human Resources Officer
Mr. Stephen Marcus Merkel
Executive Vice President, Chief Legal Officer & Assistant Corporate Secretary
Mr. Jason A. McGruder C.F.A.
Head of Investor Relations
Mr. Charles E. Seufferlein
President of Northwest Region
Mr. James D. Kuhn FRICS
President & Head of Investor Services
Mr. Roger Ethan Anscher J.D.
Chief Administrative Officer
Mr. Barry M. Gosin
Chief Executive Officer
Mr. Sridhar Potineni
Chief Information Officer