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 -7.71% downside from NMRK’s last price of $15.17) 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 -7.71% downside from NMRK's last price of $15.17.
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% | 12.06% |
| Aug 15, 2024 | Andrew Rosivach | Wolfe Research | $15.00 | $12.80 | 17.14% | -1.12% |
| Dec 20, 2023 | Alexander Goldfarb | Piper Sandler | $13.00 | $10.46 | 24.34% | -14.30% |
| Dec 12, 2022 | - | Goldman Sachs | $8.00 | $7.58 | 5.47% | -47.26% |
| Jul 22, 2022 | - | Raymond James | $16.00 | $11.17 | 43.24% | 5.47% |
| Apr 26, 2022 | - | Raymond James | $18.00 | $12.96 | 38.89% | 18.66% |
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 12.06% increase from NMRK last price ($15.17).
Newmark Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $17.00 | $15.00 |
| Last Closing Price | $15.17 | $15.17 | $15.17 |
| Upside/Downside | -100.00% | 12.06% | -1.12% |
In the current month, the average price target of Newmark Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Newmark Group's last price of $15.17. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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 | Jun 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 | $755.35M | $678.25M | $984.47M | $788.13M | $629.87M | $503.98M | $601.43M | $435.92M | $383.72M | $483.93M | $632.36M | $586.63M |
| Avg Forecast | $964.35M | $854.50M | $793.40M | $636.10M | $877.57M | $781.07M | $722.43M | $601.33M | $784.83M | $682.07M | $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 | $984.65M | $872.49M | $810.11M | $649.49M | $896.04M | $797.51M | $737.64M | $617.25M | $790.33M | $682.47M | $630.27M | $526.07M | $767.22M | $624.00M | $570.63M | $524.89M | $665.82M | $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 |
| Low Forecast | $942.01M | $834.71M | $775.02M | $621.37M | $857.24M | $762.98M | $705.70M | $585.42M | $779.34M | $681.67M | $630.27M | $526.07M | $719.84M | $587.70M | $545.92M | $502.16M | $636.98M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.05% | 1.01% | 0.93% | 0.92% | 1.12% | 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 | Jun 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 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $71.51M | $69.58M | $27.02M | $75.04M | $102.84M | $128.07M | $48.06M | $193.16M | $219.74M | $621.52M | $73.55M | $40.74M | $147.78M | $39.41M | $68.05M | $21.54M | $162.24M |
| Avg Forecast | $203.76M | $180.55M | $167.64M | $134.40M | $185.42M | $165.03M | $152.64M | $127.06M | $165.83M | $144.12M | $133.17M | $40.86M | $157.10M | $128.10M | $118.08M | $37.14M | $173.84M | $148.36M | $137.99M | $29.36M | $179.05M | $139.99M | $112.52M | $57.95M | $97.86M | $73.15M | $80.39M | $98.52M | $136.06M | $115.19M |
| High Forecast | $208.05M | $184.35M | $171.17M | $137.23M | $189.33M | $168.51M | $155.86M | $130.42M | $166.99M | $144.20M | $133.17M | $49.03M | $162.11M | $131.85M | $120.57M | $44.57M | $208.61M | $148.36M | $137.99M | $35.23M | $179.05M | $139.99M | $112.52M | $69.54M | $97.86M | $73.15M | $80.39M | $118.23M | $136.06M | $115.19M |
| Low Forecast | $199.04M | $176.37M | $163.76M | $131.29M | $181.13M | $161.21M | $149.11M | $123.69M | $164.67M | $144.03M | $133.17M | $32.68M | $152.10M | $124.18M | $115.35M | $29.71M | $139.07M | $148.36M | $137.99M | $23.49M | $179.05M | $139.99M | $112.52M | $46.36M | $97.86M | $73.15M | $80.39M | $78.82M | $136.06M | $115.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.56% | 0.59% | 0.73% | 0.43% | 0.69% | 0.93% | 1.64% | 1.08% | 1.57% | 5.52% | 1.27% | 0.42% | 2.02% | 0.49% | 0.69% | 0.16% | 1.41% |
2 analysts predict NMRK's average Quarter EBITDA for Dec 23 to be $157.10M, with a high of $162.11M and a low of $152.10M. This is 119.68% 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 | Jun 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 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.95M | $6.43M | $-16.35M | $15.40M | $37.91M | $48.52M | $714.00K | $185.11M | $128.55M | $439.74M | $33.10M | $-3.78M | $75.35M | $314.00K | $8.18M | $-10.96M | $88.70M |
| Avg Forecast | $153.83M | $106.24M | $80.74M | $53.54M | $137.68M | $96.25M | $72.03M | $48.44M | $118.56M | $75.85M | $52.91M | $309.98K | $118.99M | $67.14M | $54.82M | $281.80K | $134.40M | $102.24M | $84.86M | $222.77K | $143.14M | $93.93M | $56.23M | $26.08M | $64.41M | $88.82M | $38.34M | $11.85M | $138.03M | $147.74M |
| High Forecast | $158.04M | $109.15M | $82.95M | $55.01M | $141.45M | $98.89M | $74.00M | $53.83M | $121.08M | $75.92M | $52.97M | $371.98K | $121.57M | $77.47M | $56.32M | $338.16K | $161.28M | $102.24M | $84.86M | $267.32K | $143.14M | $93.93M | $56.23M | $31.30M | $64.41M | $88.82M | $38.34M | $14.22M | $138.03M | $147.74M |
| Low Forecast | $149.20M | $103.04M | $78.31M | $51.93M | $133.54M | $93.35M | $69.86M | $40.37M | $113.52M | $75.79M | $52.84M | $247.99K | $113.81M | $51.65M | $53.17M | $225.44K | $107.52M | $102.24M | $84.86M | $178.22K | $143.14M | $93.93M | $56.23M | $20.87M | $64.41M | $88.82M | $38.34M | $9.48M | $138.03M | $147.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.15% | 0.12% | -58.02% | 0.11% | 0.37% | 0.57% | 3.21% | 1.29% | 1.37% | 7.82% | 1.27% | -0.06% | 0.85% | 0.01% | 0.69% | -0.08% | 0.60% |
Newmark Group's average Quarter net income forecast for Dec 23 is $118.99M, with a range of $113.81M to $121.57M. NMRK's average Quarter net income forecast represents a 1096.21% 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 | Jun 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 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $547.97M | $520.19M | $490.77M | $535.97M | $561.67M | $611.98M | $544.18M | $753.69M | $630.73M | $943.94M | $410.50M | $498.21M | $366.47M | $302.39M | $405.45M | $589.75M | $483.98M |
| Avg Forecast | $837.15M | $741.79M | $688.75M | $552.20M | $761.81M | $678.04M | $627.14M | $522.02M | $681.31M | $592.10M | $547.13M | $460.14M | $645.46M | $526.30M | $485.15M | $418.31M | $566.08M | $598.25M | $556.40M | $330.68M | $722.01M | $564.47M | $453.72M | $323.42M | $394.61M | $294.95M | $324.15M | $407.41M | $548.65M | $464.50M |
| High Forecast | $854.78M | $757.41M | $703.25M | $563.82M | $777.85M | $692.32M | $640.35M | $535.83M | $686.08M | $592.45M | $547.13M | $552.17M | $666.02M | $541.69M | $495.37M | $501.97M | $578.00M | $598.25M | $556.40M | $396.82M | $722.01M | $564.47M | $453.72M | $388.11M | $394.61M | $294.95M | $324.15M | $407.41M | $548.65M | $464.50M |
| Low Forecast | $817.76M | $724.61M | $672.80M | $539.41M | $744.17M | $662.34M | $612.62M | $508.20M | $676.54M | $591.75M | $547.13M | $368.11M | $624.89M | $510.18M | $473.91M | $334.65M | $552.96M | $598.25M | $556.40M | $264.54M | $722.01M | $564.47M | $453.72M | $258.74M | $394.61M | $294.95M | $324.15M | $407.41M | $548.65M | $464.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.07% | 1.17% | 0.95% | 0.94% | 1.10% | 1.65% | 1.04% | 1.12% | 2.08% | 1.27% | 1.26% | 1.24% | 0.93% | 1.00% | 1.07% | 1.04% |
Newmark Group's average Quarter SG&A projection for Dec 23 is $645.46M, based on 2 Wall Street analysts, with a range of $624.89M to $666.02M. The forecast indicates a 17.79% 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 | Jun 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 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.06 | $0.04 | $-0.09 | $0.09 | $0.21 | $0.26 | - | $0.96 | $0.64 | $2.35 | $0.17 | $-0.02 | $0.40 | - | $0.03 | $-0.08 | $0.48 |
| Avg Forecast | $0.60 | $0.42 | $0.32 | $0.21 | $0.54 | $0.38 | $0.28 | $0.19 | $0.47 | $0.30 | $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 | $0.62 | $0.43 | $0.33 | $0.22 | $0.55 | $0.39 | $0.29 | $0.21 | $0.47 | $0.30 | $0.21 | $0.15 | $0.48 | $0.30 | $0.22 | $0.15 | $0.32 | $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 |
| Low Forecast | $0.59 | $0.40 | $0.31 | $0.20 | $0.52 | $0.37 | $0.27 | $0.16 | $0.45 | $0.30 | $0.21 | $0.15 | $0.45 | $0.20 | $0.21 | $0.14 | $0.30 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.23% | 0.19% | -0.64% | 0.29% | 0.52% | 0.78% | 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 | $4.13 | $8.50 | 105.81% | Sell |
| RMAX | RE/MAX | $11.41 | $16.67 | 46.10% | Buy |
| CSGP | CoStar Group | $72.09 | $94.25 | 30.74% | Buy |
| CWK | Cushman & Wakefield | $13.91 | $17.50 | 25.81% | Buy |
| CIGI | Colliers Group | $143.53 | $159.67 | 11.25% | Buy |
| JLL | Jones Lang LaSalle | $258.31 | $273.33 | 5.81% | Buy |
| FSV | FirstService | $186.08 | $196.00 | 5.33% | Buy |
| NMRK | Newmark Group | $15.17 | $14.00 | -7.71% | Buy |
| CBRE | CBRE Group | $132.16 | $114.60 | -13.29% | Hold |
| MMI | Marcus & Millichap | $40.64 | $26.00 | -36.02% | Buy |