11-Dec-2024
PRNewswire (Wed, 11-Dec 3:14 PM ET)
Newmark Named Best Real Estate Consultant by Euromoney
PRNewswire (Tue, 10-Dec 11:58 AM ET)
Newmark arranges $1.75B refinancing for two of Fontainebleau Development's Florida resorts
Seeking Alpha News (Mon, 9-Dec 9:36 AM ET)
PRNewswire (Mon, 9-Dec 9:00 AM ET)
Newmark's Executive Chairman Howard W. Lutnick Nominated for U.S. Secretary of Commerce
PRNewswire (Thu, 21-Nov 4:13 PM ET)
PRNewswire (Thu, 21-Nov 12:30 PM ET)
Newmark Advises URW in 172.5 Million Office Sale
PRNewswire (Wed, 13-Nov 3:06 PM ET)
Newmark Advises on Sale of Iconic W Hotel South Beach
PRNewswire (Tue, 5-Nov 3:12 PM ET)
Newmark Reports Third Quarter 2024 Financial Results
PRNewswire (Tue, 5-Nov 8:05 AM ET)
Newmark Arranges $315 Million Refinancing for National Self-Storage Portfolio
PRNewswire (Mon, 4-Nov 2:00 PM ET)
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.
Newmark Group - Class A trades on the NASDAQ stock market under the symbol NMRK.
As of December 11, 2024, NMRK stock price climbed to $15.08 with 762,494 million shares trading.
NMRK has a beta of 1.18, meaning it tends to be more sensitive to market movements. NMRK has a correlation of 0.18 to the broad based SPY ETF.
NMRK has a market cap of $2.56 billion. This is considered a Mid Cap stock.
Last quarter Newmark Group - Class A reported $686 million in Revenue and $.33 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.03.
In the last 3 years, NMRK traded as high as $19.10 and as low as $5.07.
The top ETF exchange traded funds that NMRK belongs to (by Net Assets): VNQ, VTI, IWM, VB, VBR.
NMRK has outperformed the market in the last year with a return of +75.5%, while the SPY ETF gained +33.5%. However, in the most recent history, NMRK shares have underperformed the stock market with its stock returning +3.3% in the last 3 month period and -3.5% for the last 2 week period, while SPY has returned +11.0% and +1.1%, respectively.
NMRK support price is $14.56 and resistance is $15.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NMRK shares will trade within this expected range on the day.