Newmark Group Stock (NASDAQ:NMRK)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$12.79

52W Range

$9.22 - $16.10

50D Avg

$14.98

200D Avg

$12.50

Market Cap

$2.23B

Avg Vol (3M)

$1.27M

Beta

2.01

Div Yield

$0.12 (0.92%)

NMRK Company Profile


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.

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Industry

Real Estate - Services

Sector

Real Estate

Exchange

NASDAQ

ADR

-

Country

US

Employees

7,800

IPO Date

Dec 15, 2017

Website

NMRK Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Investment Advice$381.28M$606.42M-
Servicing$82.08M--
Servicing Fees And Other$237.29M--
Mortgage Brokerage And Debt Placement$126.93M$173.25M-
Management Services$733.59M$692.96M-
Leasing And Other Commissions$839.60M$831.87M$826.94M
Gains From Mortgage Banking Activities Origination Net--$225.48M
Management Services Servicing Fees And Other--$915.72M
Capital Markets Commissions--$938.30M

Fiscal year ends in Dec 23 | Currency in USD

NMRK Financial Summary


Dec 23Dec 22Dec 21
Revenue$2.47B$2.71B$2.91B
Operating Income$125.22M$188.20M$1.25B
Net Income$19.80M$115.82M$750.73M
EBITDA$205.39M$354.02M$1.38B
Basic EPS$0.11$0.47$3.91
Diluted EPS$0.11$0.47$3.80

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Nov 05, 24 | 1:27 PM
Q2 24Aug 02, 24 | 4:39 PM
Q1 24May 03, 24 | 12:00 AM

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