Newmark Group (NMRK) Stock Forecast, Price Target & Predictions
NMRK Stock Forecast
Newmark Group stock forecast is as follows: an average price target of $14.00 (represents a -6.23% downside from NMRK’s last price of $14.93) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
NMRK Price Target
The average price target for Newmark Group (NMRK) is $14.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $8.00. This represents a potential -6.23% downside from NMRK's last price of $14.93.
NMRK Analyst Ratings
According to 4 Wall Street analysts, Newmark Group's rating consensus is 'Buy'. The analyst rating breakdown for NMRK stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Newmark Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 03, 2024 | Alex Goldfarb | Piper Sandler | $17.00 | $13.68 | 24.27% | 13.86% |
| Aug 15, 2024 | Andrew Rosivach | Wolfe Research | $15.00 | $12.80 | 17.14% | 0.47% |
| Dec 20, 2023 | Alexander Goldfarb | Piper Sandler | $13.00 | $10.46 | 24.34% | -12.93% |
| Dec 12, 2022 | - | Goldman Sachs | $8.00 | $7.58 | 5.47% | -46.42% |
| Jul 22, 2022 | - | Raymond James | $16.00 | $11.17 | 43.24% | 7.17% |
| Apr 26, 2022 | - | Raymond James | $18.00 | $12.96 | 38.89% | 20.56% |
The latest Newmark Group stock forecast, released on Sep 03, 2024 by Alex Goldfarb from Piper Sandler, set a price target of $17.00, which represents a 24.27% increase from the stock price at the time of the forecast ($13.68), and a 13.86% increase from NMRK last price ($14.93).
Newmark Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 3 |
| Avg Price Target | $17.00 | $16.00 | $15.00 |
| Last Closing Price | $14.93 | $14.93 | $14.93 |
| Upside/Downside | 13.86% | 7.17% | 0.47% |
In the current month, the average price target of Newmark Group stock is $17.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 13.86% increase as opposed to Newmark Group's last price of $14.93. This month's average price target is up 6.25% compared to last quarter, and up 13.33% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2024 | Keefe, Bruyette & Woods | - | Outperform | Upgrade |
| Sep 03, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 15, 2024 | Wolfe Research | - | Outperform | Upgrade |
| Dec 20, 2023 | Piper Sandler | Neutral | Overweight | Upgrade |
| Jul 22, 2022 | Raymond James | Outperform | Outperform | Hold |
| Apr 26, 2022 | Raymond James | Outperform | Outperform | Hold |
| Apr 26, 2022 | Piper Sandler | - | Neutral | Downgrade |
Newmark Group's last stock rating was published by Keefe, Bruyette & Woods on Sep 04, 2024. The company Upgrade its NMRK rating from "null" to "Outperform".
Newmark Group Financial Forecast
Newmark Group Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $616.28M | $585.84M | $520.80M | $607.28M | $664.65M | - | $678.25M | $984.47M | $788.13M | $629.87M | $503.98M | $601.43M | $435.92M | $383.72M | $483.93M | $632.36M | $586.63M |
| Avg Forecast | $937.05M | $857.40M | $790.90M | $631.60M | $866.55M | $792.20M | $731.25M | $585.40M | $761.90M | $681.27M | $630.27M | $526.07M | $743.53M | $606.27M | $558.87M | $514.07M | $652.09M | $726.05M | $675.26M | $652.97M | $876.23M | $685.05M | $550.64M | $407.37M | $478.90M | $357.95M | $393.39M | $494.43M | $665.84M | $563.72M |
| High Forecast | $971.75M | $889.15M | $820.19M | $654.99M | $898.64M | $821.54M | $758.33M | $607.08M | $790.12M | $700.35M | $653.61M | $545.55M | $767.22M | $624.00M | $579.56M | $533.11M | $676.24M | $752.94M | $675.26M | $669.55M | $898.49M | $702.45M | $564.63M | $417.72M | $491.07M | $367.04M | $403.39M | $506.99M | $682.76M | $578.04M |
| Low Forecast | $918.80M | $840.70M | $775.49M | $619.30M | $849.67M | $776.77M | $717.01M | $574.00M | $747.06M | $662.18M | $617.99M | $515.82M | $719.84M | $587.70M | $547.98M | $504.06M | $639.39M | $711.91M | $675.26M | $635.98M | $853.44M | $667.23M | $536.32M | $396.77M | $466.44M | $348.64M | $383.16M | $481.57M | $648.52M | $549.05M |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.05% | 1.01% | 0.93% | 0.92% | - | 1.04% | 1.12% | 1.15% | 1.14% | 1.24% | 1.26% | 1.22% | 0.98% | 0.98% | 0.95% | 1.04% |
Newmark Group's average Quarter revenue forecast for Dec 23 based on 2 analysts is $743.53M, with a low forecast of $719.84M, and a high forecast of $767.22M. NMRK's average Quarter revenue forecast represents a 20.65% increase compared to the company's last Quarter revenue of $616.28M (Sep 23).
Newmark Group EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $71.51M | $69.58M | $27.02M | $75.04M | $102.84M | - | $48.06M | $193.16M | $219.74M | $621.52M | $73.55M | $40.74M | $147.78M | $39.41M | $68.05M | $21.54M | $162.24M |
| Avg Forecast | $191.48M | $175.21M | $161.62M | $129.06M | $177.08M | $161.88M | $149.43M | $119.62M | $155.69M | $139.21M | $128.79M | $40.86M | $151.94M | $123.89M | $114.20M | $37.14M | $133.25M | $133.27M | $137.99M | $29.36M | $158.04M | $142.53M | $403.99M | $57.95M | $32.60M | $140.74M | $52.26M | $98.52M | $22.71M | $153.70M |
| High Forecast | $198.57M | $181.69M | $167.60M | $133.84M | $183.63M | $167.88M | $154.96M | $124.05M | $161.46M | $143.11M | $133.56M | $49.03M | $156.78M | $127.51M | $118.43M | $44.57M | $138.19M | $159.92M | $137.99M | $35.23M | $189.65M | $171.04M | $484.78M | $69.54M | $39.12M | $168.89M | $62.72M | $118.23M | $27.25M | $184.44M |
| Low Forecast | $187.75M | $171.79M | $158.47M | $126.55M | $173.63M | $158.73M | $146.52M | $117.29M | $152.66M | $135.31M | $126.28M | $32.68M | $147.10M | $120.09M | $111.98M | $29.71M | $130.66M | $106.62M | $137.99M | $23.49M | $126.43M | $114.03M | $323.19M | $46.36M | $26.08M | $112.59M | $41.81M | $78.82M | $18.17M | $122.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.58% | 0.61% | 0.73% | 0.56% | 0.77% | - | 1.64% | 1.22% | 1.54% | 1.54% | 1.27% | 1.25% | 1.05% | 0.75% | 0.69% | 0.95% | 1.06% |
2 analysts predict NMRK's average Quarter EBITDA for Dec 23 to be $151.94M, with a high of $156.78M and a low of $147.10M. This is 112.46% upper than Newmark Group's previous annual EBITDA (Sep 23) of $71.51M.
Newmark Group Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.95M | $6.43M | $-16.35M | $15.40M | $37.91M | - | $714.00K | $185.11M | $128.55M | $439.74M | $33.10M | $-3.78M | $75.35M | $314.00K | $8.18M | $-10.96M | $88.70M |
| Avg Forecast | $157.62M | $105.65M | $81.79M | $52.83M | $141.43M | $93.72M | $70.72M | $44.30M | $119.49M | $75.40M | $53.04M | $309.98K | $119.28M | $67.31M | $54.95M | $281.80K | $79.24M | $77.96M | $58.02M | $222.77K | $122.18M | $83.38M | $285.83M | $26.08M | $-3.02M | $71.76M | $416.46K | $11.85M | $-11.56M | $84.03M |
| High Forecast | $165.21M | $110.74M | $85.73M | $55.37M | $148.24M | $98.23M | $74.12M | $46.44M | $125.25M | $80.27M | $55.59M | $371.98K | $121.87M | $77.66M | $57.60M | $338.16K | $83.05M | $93.56M | $58.02M | $267.32K | $146.61M | $100.06M | $343.00M | $31.30M | $-2.42M | $86.11M | $499.75K | $14.22M | $-9.25M | $100.84M |
| Low Forecast | $153.63M | $102.97M | $79.72M | $51.49M | $137.85M | $91.35M | $68.93M | $43.18M | $116.47M | $70.54M | $51.70M | $247.99K | $114.10M | $51.78M | $53.56M | $225.44K | $77.23M | $62.37M | $58.02M | $178.22K | $97.74M | $66.71M | $228.67M | $20.87M | $-3.63M | $57.41M | $333.17K | $9.48M | $-13.88M | $67.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.15% | 0.12% | -58.02% | 0.19% | 0.49% | - | 3.21% | 1.52% | 1.54% | 1.54% | 1.27% | 1.25% | 1.05% | 0.75% | 0.69% | 0.95% | 1.06% |
Newmark Group's average Quarter net income forecast for Dec 23 is $119.28M, with a range of $114.10M to $121.87M. NMRK's average Quarter net income forecast represents a 1099.18% increase compared to the company's last Quarter net income of $9.95M (Sep 23).
Newmark Group SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $547.97M | $520.19M | $490.77M | $535.97M | $561.67M | - | $544.18M | $753.69M | $630.73M | $943.94M | $410.50M | $498.21M | $366.47M | $302.39M | $405.45M | $589.75M | $483.98M |
| Avg Forecast | $772.12M | $706.49M | $651.69M | $520.43M | $714.03M | $652.76M | $602.54M | $482.36M | $627.80M | $561.36M | $519.33M | $460.14M | $612.66M | $499.56M | $460.50M | $418.31M | $537.31M | $382.53M | $556.40M | $330.68M | $616.65M | $409.12M | $453.72M | $323.42M | $398.57M | $349.02M | $324.15M | $407.41M | $621.91M | $458.51M |
| High Forecast | $800.71M | $732.65M | $675.83M | $539.70M | $740.47M | $676.94M | $624.86M | $500.23M | $651.05M | $577.08M | $538.57M | $552.17M | $632.18M | $514.17M | $477.55M | $501.97M | $557.21M | $459.04M | $556.40M | $396.82M | $739.98M | $490.95M | $465.25M | $388.11M | $478.28M | $418.82M | $332.38M | $417.76M | $746.30M | $550.21M |
| Low Forecast | $757.08M | $692.73M | $639.00M | $510.29M | $700.12M | $640.05M | $590.80M | $472.97M | $615.57M | $545.63M | $509.22M | $368.11M | $593.14M | $484.26M | $451.53M | $334.65M | $526.85M | $306.03M | $556.40M | $264.54M | $493.32M | $327.30M | $441.92M | $258.74M | $318.86M | $279.21M | $315.72M | $396.81M | $497.53M | $366.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.13% | 1.17% | 1.00% | 1.47% | - | 1.65% | 1.22% | 1.54% | 2.08% | 1.27% | 1.25% | 1.05% | 0.93% | 1.00% | 0.95% | 1.06% |
Newmark Group's average Quarter SG&A projection for Dec 23 is $612.66M, based on 2 Wall Street analysts, with a range of $593.14M to $632.18M. The forecast indicates a 11.81% rise compared to NMRK last annual SG&A of $547.97M (Sep 23).
Newmark Group EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.06 | $0.04 | $-0.09 | $0.09 | $0.21 | - | - | $0.96 | $0.64 | $2.35 | $0.17 | $-0.02 | $0.40 | - | $0.03 | $-0.08 | $0.48 |
| Avg Forecast | $0.62 | $0.41 | $0.32 | $0.21 | $0.55 | $0.37 | $0.28 | $0.17 | $0.47 | $0.29 | $0.21 | $0.15 | $0.47 | $0.26 | $0.21 | $0.15 | $0.31 | $0.40 | $0.33 | $0.26 | $0.56 | $0.37 | $0.22 | $0.10 | $0.25 | $0.35 | $0.15 | $0.21 | $0.54 | $0.58 |
| High Forecast | $0.65 | $0.43 | $0.34 | $0.22 | $0.58 | $0.38 | $0.29 | $0.18 | $0.49 | $0.31 | $0.22 | $0.16 | $0.48 | $0.30 | $0.23 | $0.15 | $0.32 | $0.42 | $0.33 | $0.27 | $0.58 | $0.38 | $0.23 | $0.10 | $0.26 | $0.36 | $0.15 | $0.22 | $0.56 | $0.60 |
| Low Forecast | $0.60 | $0.40 | $0.31 | $0.20 | $0.54 | $0.36 | $0.27 | $0.17 | $0.46 | $0.28 | $0.20 | $0.15 | $0.45 | $0.20 | $0.21 | $0.14 | $0.30 | $0.39 | $0.33 | $0.25 | $0.54 | $0.36 | $0.21 | $0.10 | $0.24 | $0.34 | $0.14 | $0.20 | $0.52 | $0.56 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.23% | 0.19% | -0.64% | 0.29% | 0.52% | - | 0.01% | 1.71% | 1.74% | 10.68% | 1.70% | -0.08% | 1.15% | 0.01% | 0.14% | -0.15% | 0.83% |
According to 2 Wall Street analysts, Newmark Group's projected average Quarter EPS for Dec 23 is $0.47, with a low estimate of $0.45 and a high estimate of $0.48. This represents a 677.78% increase compared to NMRK previous annual EPS of $0.06 (Sep 23).
Newmark Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HOUS | Anywhere Real Estate | $5.42 | $8.50 | 56.83% | Sell |
| CSGP | CoStar Group | $75.73 | $100.88 | 33.21% | Buy |
| CWK | Cushman & Wakefield | $13.30 | $17.50 | 31.58% | Buy |
| RMAX | RE/MAX | $12.90 | $16.67 | 29.22% | Buy |
| JLL | Jones Lang LaSalle | $251.30 | $273.33 | 8.77% | Buy |
| FSV | FirstService | $178.75 | $192.67 | 7.79% | Buy |
| CIGI | Colliers Group | $144.87 | $150.00 | 3.54% | Buy |
| CBRE | CBRE Group | $118.17 | $112.80 | -4.54% | Hold |
| NMRK | Newmark Group | $14.93 | $14.00 | -6.23% | Buy |
| MMI | Marcus & Millichap | $39.86 | $26.00 | -34.77% | Buy |
NMRK Forecast FAQ
Is Newmark Group a good buy?
Yes, according to 4 Wall Street analysts, Newmark Group (NMRK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of NMRK's total ratings.
What is NMRK's price target?
Newmark Group (NMRK) average price target is $14 with a range of $8 to $17, implying a -6.23% from its last price of $14.93. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Newmark Group stock go up soon?
According to Wall Street analysts' prediction for NMRK stock, the company can go down by -6.23% (from the last price of $14.93 to the average price target of $14), up by 13.86% based on the highest stock price target, and down by -46.42% based on the lowest stock price target.
Can Newmark Group stock reach $20?
NMRK's average twelve months analyst stock price target of $14 does not support the claim that Newmark Group can reach $20 in the near future.
What is Newmark Group's current price target trend?
1 Wall Street analyst forecast a $17 price target for Newmark Group (NMRK) this month, up 13.86% from its last price of $14.93. Compared to the last 3 and 12 months, the average price target increased by 7.17% and increased by 0.47%, respectively.
What are Newmark Group's analysts' financial forecasts?
Newmark Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.98B (high $3.09B, low $2.92B), average EBITDA is $608.01M (high $630.53M, low $596.17M), average net income is $350.18M (high $367.03M, low $341.31M), average SG&A $2.45B (high $2.54B, low $2.4B), and average EPS is $1.37 (high $1.44, low $1.34). NMRK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.22B (high $3.34B, low $3.15B), average EBITDA is $657.37M (high $681.71M, low $644.57M), average net income is $397.89M (high $417.05M, low $387.82M), average SG&A $2.65B (high $2.75B, low $2.6B), and average EPS is $1.56 (high $1.63, low $1.52).
Did the NMRK's actual financial results beat the analysts' financial forecasts?
Based on Newmark Group's last annual report (Dec 2023), the company's revenue was $2.47B, beating the average analysts forecast of $2.42B by 1.97%. Apple's EBITDA was $205.39M, missing the average prediction of $427.17M by -51.92%. The company's net income was $19.8M, missing the average estimation of $241.83M by -91.81%. Apple's SG&A was $536.7M, missing the average forecast of $1.99B by -73.04%. Lastly, the company's EPS was $0.11, missing the average prediction of $1.09 by -89.93%. In terms of the last quarterly report (Sep 2023), Newmark Group's revenue was $616.28M, beating the average analysts' forecast of $606.27M by 1.65%. The company's EBITDA was $71.51M, missing the average prediction of $123.89M by -42.28%. Newmark Group's net income was $9.95M, missing the average estimation of $67.31M by -85.22%. The company's SG&A was $547.97M, beating the average forecast of $499.56M by 9.69%. Lastly, the company's EPS was $0.06, missing the average prediction of $0.263 by -77.21%