Real Estate - Real Estate - Services - NASDAQ - US
$ 15.13
-0.852 %
$ 2.59 B
Market Cap
50.43
P/E
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.[ Read More ]
The intrinsic value of one NMRK stock under the base case scenario is HIDDEN Compared to the current market price of 15.1 USD, Newmark Group, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart NMRK
FINANCIALS
2.47 B
REVENUE
125 M
OPERATING INCOME
42.6 M
NET INCOME
-266 M
OPERATING CASH FLOW
-49.7 M
INVESTING CASH FLOW
261 M
FINANCING CASH FLOW
686 M
REVENUE
41.1 M
OPERATING INCOME
1.97 M
NET INCOME
-85.2 M
OPERATING CASH FLOW
-10.7 M
INVESTING CASH FLOW
102 M
FINANCING CASH FLOW
Balance Sheet Decomposition
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
100.00%
GROSS MARGIN
5.07%
OPERATING MARGIN
1.72%
NET MARGIN
3.40%
ROE
0.95%
ROA
3.28%
ROIC
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 $15 , with forecasts ranging from a low of $13 to a high of $17 .
NMRK Lowest Price Target
Wall Street Target
13 USD
-14.08%
NMRK Average Price Target
Wall Street Target
15 USD
-0.86%
NMRK Highest Price Target
Wall Street Target
17 USD
12.36%
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
350 USD 1
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 |
|---|---|---|---|---|
|
10 months 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 |
|
5 years ago
Dec 12, 2018
|
Bought 951 K USD
|
Gosin Barry M
Chief Executive Officer |
+ 102796
|
9.25 USD |
|
5 years ago
Dec 11, 2018
|
Bought 5.41 M USD
|
Gosin Barry M
Chief Executive Officer |
+ 584567
|
9.25 USD |
|
5 years ago
Dec 10, 2018
|
Bought 2.63 M USD
|
Gosin Barry M
Chief Executive Officer |
+ 306429
|
8.59 USD |
|
5 years ago
Dec 07, 2018
|
Bought 83.8 K USD
|
Bauer Virginia S
Director |
+ 10000
|
8.38 USD |
7. News
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
- 3 days 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
- 1 week 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
- 1 week 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
- 1 week ago
Newmark Group (NMRK) Q3 Earnings Top Estimates
Newmark Group (NMRK) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.27 per share a year ago.
zacks.com
- 1 week ago
Newmark Reports Third Quarter 2024 Financial Results
Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today NEW YORK , Nov. 5, 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, today, reported its financial results for the three and nine months ended September 30, 2024, and declared its quarterly dividend.
prnewswire.com
- 1 week ago
Newmark Arranges $315 Million Refinancing for National Self-Storage Portfolio
NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Newmark announces it has arranged a $315 million loan on behalf of TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, and Andover Properties for the refinancing of a national 43-asset self-storage portfolio. Newmark's Co-Presidents of Global Debt & Structured Finance Jordan Roeschlaub and Jonathan Firestone , Vice Chairman Nick Scribani and Director John Caraviello arranged the financing, which was provided by Wells Fargo, Goldman Sachs and 3650 REIT.
prnewswire.com
- 1 week ago
Newmark Advises on $162 Million Sale of The Plaza at Walnut Creek
The Sale Represents the Largest Multi-Tenant Trophy Office Sale on the West Coast Since 20221 SAN FRANCISCO , Oct. 23, 2024 /PRNewswire/ -- Newmark2 announces the firm advised on the sale of The Plaza at Walnut Creek, a trophy 362,399-square-foot office complex situated in San Francisco's East Bay market. The property sold for $162 million, representing the largest multi-tenant office sale on the West Coast since 2022.
prnewswire.com
- 3 weeks ago
Newmark Advises on $3.4 Billion Joint Venture on One Million-Square-Foot Texas Data Center
NEW YORK , Oct. 17, 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 served as strategic advisor to Blue Owl Capital, Inc. ("Blue Owl"), Primary Digital Infrastructure and Crusoe Energy Systems LLC ("Crusoe") in a $3.4 billion joint venture ("JV") to fund a purpose-built data center at the Lancium Clean Campus in Abilene, Texas. Newmark's Co-President of Global Debt & Structured Finance Jordan Roeschlaub , Head of Data Center Capital Markets Brent Mayo , Co-Head of Strategic Advisory Andrew Warin and Director of Strategic Advisory Chase Tagen acted as the advisors for the JV.
prnewswire.com
- 4 weeks ago
3 Stocks to Buy on the Real Estate Operations Industry's Recovery
Real Estate Operations industry players like NMRK, KW and RMAX are poised to gain from outsourcing real estate services and easing monetary policy.
zacks.com
- 1 month ago
Newmark Group's Third Quarter 2024 Financial Results Announcement to be Issued Prior to Market Open on Tuesday, November 5, 2024
Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , Oct. 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, today announced the details of its third quarter 2024 financial results press release and conference call.
prnewswire.com
- 1 month ago
Why Fast-paced Mover Newmark Group (NMRK) Is a Great Choice for Value Investors
Newmark Group (NMRK) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
zacks.com
- 1 month ago
8. Profile Summary
Newmark Group, Inc. NMRK
COUNTRY
US
INDUSTRY
Real Estate - Services
MARKET CAP
$ 2.59 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
Mr. Michael J. Rispoli CPA
Chief Financial Officer
Ms. Angie Leccese
Chief Marketing Officer
Mr. James D. Kuhn FRICS
President & Head of Investor Services
Mr. Howard W. Lutnick
Executive Chairman & PEO
Mr. Roger Ethan Anscher J.D.
Chief Administrative Officer
Mr. Charles E. Seufferlein
President of Northwest Region
Mr. Stephen Marcus Merkel
Executive Vice President, Chief Legal Officer & Assistant Corporate Secretary
Ms. Karen Mitchell
Chief Human Resources Officer
Mr. Barry M. Gosin
Chief Executive Officer
Mr. Sridhar Potineni
Chief Information Officer