Newmark Group
NMRK

$14.90

0.95%

Market Cap: $2.53B

About: Newmark Group Inc is a commercial real estate advisory firm. It offers services, including leasing and corporate advisory services, investment sales, commercial mortgage brokerage, appraisal and valuation, project management, and property, among others. Newmark offers a diverse array of integrated services and products designed to meet the full needs of both real estate investors/owners and occupiers. The company provides real estate strategic consulting and systems integration services to CFI's clients including many Fortune and Forbes companies, owner-occupiers, government agencies, healthcare, and higher education clients.

Employees: 7,000

Real Estate Real Estate Agents & Managers (For Others)

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

310% more call options, than puts

Call options by funds: $250K | Put options by funds: $61K

67% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 5 (+2) [Q2]

67% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 60

6% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 34

1% more funds holding

Funds holding: 229 [Q1] → 231 (+2) [Q2]

4.64% less ownership

Funds ownership: 70.07% [Q1] → 65.42% (-4.64%) [Q2]

14% less capital invested

Capital invested by funds: $1.18B [Q1] → $1.01B (-$164M) [Q2]

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Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$13

13%

downside

Avg. target

$15

1%

upside

High target

$17

14%

upside

5 analyst ratings

3 positive

60%

2 neutral

40%

0 negative

0%

Keefe, Bruyette & Woods Jade Rahmani 74% 1-year accuracy 20 / 27 met price target	11%upside $16.50	Outperform Upgraded	5 Sept 2024
Piper Sandler Alexander Goldfarb 58% 1-year accuracy 31 / 53 met price target	14%upside $17	Overweight Maintained	3 Sept 2024
Wolfe Research Andrew Rosivach 77% 1-year accuracy 10 / 13 met price target	1%upside $15	Outperform Upgraded	16 Aug 2024
Keefe, Bruyette & Woods Jade Rahmani 74% 1-year accuracy 20 / 27 met price target	9%downside $13.50	Market Perform Maintained	8 Aug 2024
Keefe, Bruyette & Woods Jade Rahmani 74% 1-year accuracy 20 / 27 met price target	13%downside $13	Market Perform Maintained	25 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about NMRK published over the past 30 days

Newmark Advises on $5 Billion Joint Venture Partnership to Develop AI/High-Power Computer (HPC) Data Centers Across the U.S.

The Partnership is Between Blue Owl, Chirisa Technology Parks and PowerHouse Data Centers NEW YORK , Sept. 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 served as strategic advisor to Blue Owl Capital, Inc., Chirisa Technology Parks and PowerHouse Data Centers in a joint venture ("JV") worth up to $5 billion to develop large-scale AI/ HPC data centers across the U.S. Newmark's Co-President of Global Debt & Structured Finance Jordan Roeschlaub and Brent Mayo , who leads Newmark's Data Center & Digital Infrastructure Capital Markets team, acted as strategic advisor for the JV.

Newmark Advises on $5 Billion Joint Venture Partnership to Develop AI/High-Power Computer (HPC) Data Centers Across the U.S.

Zacks Investment Research

What Makes Newmark Group (NMRK) a Strong Momentum Stock: Buy Now?

Does Newmark Group (NMRK) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Newmark Group (NMRK) a Strong Momentum Stock: Buy Now?

Zacks Investment Research

Despite Fast-paced Momentum, Newmark Group (NMRK) Is Still a Bargain Stock

Newmark Group (NMRK) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Newmark Group (NMRK) Is Still a Bargain Stock

Newmark Serves as Strategic Advisor for The Hampshire Companies on a $300M Recapitalization of the Fairfalls Logistics Portfolio

RUTHERFORD, N.J. , Aug. 28, 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 served as a strategic advisor to The Hampshire Companies on a $300 million recapitalization of The Fairfalls Logistics Portfolio ("Portfolio") and assisted in procuring a joint venture ("JV") equity partner.

Newmark Serves as Strategic Advisor for The Hampshire Companies on a $300M Recapitalization of the Fairfalls Logistics Portfolio

Newmark Secures $985 Million Financing on Behalf of 80 Clarkson Developers in New York City

NEW YORK , Aug. 22, 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 a $985 million loan on behalf of Zeckendorf Development, Atlas Capital Group and The Baupost Group LLC to fund construction of 80 Clarkson, an ultra-luxury condominium development in the West Village of Manhattan in New York City. Newmark's Jordan Roeschlaub and Chris Kramer , in collaboration with Jonathan Firestone , secured the funding from Cale Street Partners and Farallon Capital Management.

Newmark Secures $985 Million Financing on Behalf of 80 Clarkson Developers in New York City

Zacks Investment Research

Newmark Group (NMRK) Is Attractively Priced Despite Fast-paced Momentum

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.

Newmark Group (NMRK) Is Attractively Priced Despite Fast-paced Momentum

Newmark Arranges $300M Joint Venture Between Catalyst and Heitman

PHILADELPHIA , Aug. 8, 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 a strategic joint venture (the "Venture") between Catalyst Healthcare Real Estate ("Catalyst"), a leading U.S. healthcare real estate development and investment firm, and Heitman, a $50 billion real estate investment management firm. Newmark also helped secure $300 million for such Venture to fund the development pipeline of purpose-built healthcare properties, including medical outpatient buildings, orthopedic centers of excellence and inpatient rehabilitation facilities.

Newmark Arranges $300M Joint Venture Between Catalyst and Heitman

Newmark Group: Stock Is Undervalued Considering Its EBITDA Outlook

Newmark is awarded a Buy rating for its EV/EBITDA multiple expansion potential. NMRK registered a +8.2% earnings beat in Q2 2024, and its management outlook implies a potential EBITDA CAGR of +17.1% for the FY 2023-2026 time frame. The market currently values Newmark at a high-single digit EV/EBITDA ratio, and I see the stock trading at a higher EV/EBITDA multiple in the teens for the future.

Newmark Group: Stock Is Undervalued Considering Its EBITDA Outlook

Newmark Group, Inc. (NMRK) Q2 2024 Earnings Call Transcript

Newmark Group, Inc. (NASDAQ:NMRK ) Q2 2024 Earnings Call Transcript August 2, 2024 10:00 AM ET Company Participants Jason McGruder - Head of IR Barry Gosin - CEO Mike Rispoli - CFO Luis Alvarado - CRO and East Region Market Leader Conference Call Participants Connor Mitchell - Piper Sandler Jason Sabshon - KBW Patrick O'Shaughnessy - Raymond James Operator Good day, and welcome to the Newmark Group Second Quarter 2020 Financial Results. As a reminder, today's call is being recorded.

Newmark Group, Inc. (NMRK) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Newmark Group (NMRK) Matches Q2 Earnings Estimates

Newmark Group (NMRK) came out with quarterly earnings of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.18 per share a year ago.

Newmark Group (NMRK) Matches Q2 Earnings Estimates

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