Newmark Group (NMRK) Stock Forecast, Price Target & Predictions
NMRK Stock Forecast
Newmark Group (NMRK) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $14.00, with a high of $17.00 and a low of $8.00. This represents a 34.74% increase from the last price of $10.39.
NMRK Stock Rating
Newmark Group stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (71.43%), 2 Hold (28.57%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
NMRK Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Newmark Group | 34.74% |
Sector | Real Estate Stocks | 20.09% |
Industry | Real Estate Services Stocks | 33.58% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 2 |
Avg Price Target | - | - | $16.00 |
Last Closing Price | $10.39 | $10.39 | $10.39 |
Upside/Downside | - | - | 53.99% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | 3 | - | 2 | - | - | 5 |
Mar, 25 | 3 | - | 2 | - | - | 5 |
Feb, 25 | 3 | - | 2 | - | - | 5 |
Jan, 25 | 3 | - | 2 | - | - | 5 |
Dec, 24 | 3 | - | 2 | - | - | 5 |
Analyst Price Target Forecasts
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% | 63.62% |
Aug 15, 2024 | Andrew Rosivach | Wolfe Research | $15.00 | $12.81 | 17.10% | 44.37% |
Dec 20, 2023 | Alexander Goldfarb | Piper Sandler | $13.00 | $10.46 | 24.28% | 25.12% |
Dec 12, 2022 | Goldman Sachs | $8.00 | $7.59 | 5.40% | -23.00% | |
Jul 22, 2022 | Raymond James | $16.00 | $11.17 | 43.24% | 53.99% | |
Apr 26, 2022 | Raymond James | $18.00 | $12.96 | 38.89% | 73.24% |
Analyst Rating Forecasts
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 |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $0.39 | $3.91 | $0.46 | $0.25 | $0.14 | - | - | - | - |
Avg Forecast | $0.89 | $1.58 | $1.49 | $1.04 | $1.17 | $1.40 | $1.56 | $1.72 | $1.75 |
High Forecast | $0.93 | $1.64 | $1.54 | $1.04 | $1.22 | $1.45 | $1.81 | $2.00 | $1.83 |
Low Forecast | $0.86 | $1.52 | $1.43 | $1.02 | $1.16 | $1.35 | $1.32 | $1.44 | $1.67 |
Surprise % | -56.18% | 147.47% | -69.13% | -75.96% | -88.03% | - | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $1.90B | $2.91B | $2.71B | $2.47B | $2.75B | - | - | - | - |
Avg Forecast | $1.78B | $2.80B | $2.75B | $2.47B | $2.66B | $3.00B | $3.25B | $3.33B | $3.48B |
High Forecast | $1.84B | $2.89B | $2.83B | $2.50B | $2.75B | $3.10B | $3.37B | $3.45B | $3.60B |
Low Forecast | $1.74B | $2.73B | $2.67B | $2.45B | $2.57B | $2.89B | $3.14B | $3.22B | $3.36B |
Surprise % | 6.88% | 3.87% | -1.63% | 0.16% | 3.67% | - | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $80.06M | $750.73M | $83.28M | $42.58M | $24.26M | - | - | - | - |
Avg Forecast | $81.00M | $517.48M | $247.62M | $42.58M | $209.93M | $246.58M | $275.86M | $303.38M | $308.67M |
High Forecast | $98.41M | $620.97M | $297.15M | $51.09M | $215.61M | $255.39M | $318.67M | $353.19M | $323.05M |
Low Forecast | $63.59M | $413.98M | $198.10M | $34.06M | $204.25M | $237.78M | $233.06M | $253.57M | $294.85M |
Surprise % | -1.16% | 45.07% | -66.37% | - | -88.45% | - | - | - | - |