Newmark Group Inc (NASDAQ:NMRK) Drops -0.62%, But A Strong Recovery May Be Imminent

In last trading session, Newmark Group Inc (NASDAQ:NMRK) saw 0.6 million shares changing hands with its beta currently measuring 1.98. Company’s recent per share price level of $11.13 trading at -$0.07 or -0.62% at ring of the bell on the day assigns it a market valuation of $2.01B. That closing price of NMRK’s stock is at a discount of -44.65% from its 52-week high price of $16.10 and is indicating a premium of 15.09% from its 52-week low price of $9.45. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.16 million shares which gives us an average trading volume of 1.08 million if we extend that period to 3-months.

For Newmark Group Inc (NMRK), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.80. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.19 in the current quarter.

Newmark Group Inc (NASDAQ:NMRK) trade information

Upright in the red during last session for losing -0.62%, in the last five days NMRK remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $11.13 price level, adding 1.68% to its value on the day. Newmark Group Inc’s shares saw a change of -13.11% in year-to-date performance and have moved 7.12% in past 5-day. Newmark Group Inc (NASDAQ:NMRK) showed a performance of -11.81% in past 30-days. Number of shares sold short was 4.74 million shares which calculate 4.41 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 15.5 to the stock, which implies a rise of 28.19% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 17. It follows that stock’s current price would jump 28.12% in reaching the projected high whereas dropping to the targeted low would mean a gain of 28.12% for stock’s current value.

Newmark Group Inc (NMRK) estimates and forecasts

This year revenue growth is estimated to rise 8.72% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 606.14M for the same. And 4 analysts are in estimates of company making revenue of 687.77M in the next quarter. Company posted 546.5M and 633.38M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -10.03% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 14.80% while estimates for its earnings growth in next 5 years are of 14.02%.

NMRK Dividends

Newmark Group Inc is more likely to be releasing its next quarterly report on 2025-Feb-13 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.08%, the share has a forward dividend of 0.12 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.65%.

Newmark Group Inc (NASDAQ:NMRK)’s Major holders

Insiders are in possession of 15.82% of company’s total shares while institution are holding 68.85 percent of that, with stock having share float percentage of 81.79%. Investors also watch the number of corporate investors in a company very closely, which is 68.85% institutions for Newmark Group Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at NMRK for having 20.27 million shares of worth $207.36 million. And as of 2024-06-30, it was holding 11.6848 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 10.46 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.0317 of outstanding shares, having a total worth of $107.04 million.

On the other hand, VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jan 31, 2025 , the former fund manager was holding 5.45 shares of worth $60.64 million or 3.42% of the total outstanding shares. The later fund manager was in possession of 3.98 shares on Dec 31, 2024 , making its stake of worth around $44.31 million in the company or a holder of 2.50% of company’s stock.