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Newmark Group, Inc is currently in a long term uptrend where the price is trading 25.0% above its 200 day moving average.
From a valuation standpoint, the stock is 89.9% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 1.0.
Newmark Group, Inc's total revenue sank by 4.9% to $601M since the same quarter in the previous year.
Its net income has increased by 65.5% to $-4M since the same quarter in the previous year.
Finally, its free cash flow fell by 3.7% to $560M since the same quarter in the previous year.
Based on the above factors, Newmark Group, Inc gets an overall score of 3/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US65158N1028 |
Sector | Real Estate |
Industry | Real Estate Services |
Target Price | 15.9167 |
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Dividend Yield | 1.0% |
Beta | 1.69 |
Market Cap | 3B |
PE Ratio | 32.94 |
Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets services consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; business rates services for the United Kingdom; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management services; and flexible workspace solutions for owners. It also provides tenant representation leasing; and global corporate services consisting of workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management. The company provides its services to commercial real estate tenants, investors, owners, occupiers, and developers; lenders; small and medium size businesses; and multi-national corporations. The company was formerly known as Newmark Grubb Knight Frank Capital Group 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. Newmark Group, Inc. operates is a subsidiary of Cantor Fitzgerald, L.P.
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