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NewmarkNASDAQ: NMRK

Profile

Industry:

Services

Country:

United States

IPO:

15 December 2017

Next earnings report:

21 February 2025

Last dividends:

16 August 2024

Next dividends:

21 November 2024
$2.59 B
-34%vs. 3y high
63%vs. sector
-45%vs. 3y high
81%vs. sector
-29%vs. 3y high
78%vs. sector
-36%vs. 3y high
15%vs. sector

Price

after hours | Fri, 15 Nov 2024 21:55:17 GMT
$15.13-$0.12(-0.79%)
$685.91 M$784.83 M
$685.91 M$17.79 M

Analysts recommendations

Institutional Ownership

NMRK Latest News

Newmark Advises URW in €172.5 Million Office Sale
prnewswire.com13 November 2024 Sentiment: POSITIVE

PARIS , Nov. 13, 2024 /PRNewswire/ -- Newmark announces the firm has advised Unibail-Rodamco-Westfield (URW) in the €172.5 million sale of the 140,846 square-foot (13,085 square-meter) office portion of Les Ateliers Gaîté, a mixed-use property in the prominent Montparnasse district of Paris. Newmark Deputy Chief Business Officer Emmanuel Frénot arranged the transaction between URW and buyers Swiss Life Asset Managers and Norges Bank Investment Management.

Newmark Group: Beat-And-Raise Q3 Supports A Buy
seekingalpha.com08 November 2024 Sentiment: POSITIVE

NMRK's normalized EPS rose by +22% YoY in Q3 2024, and this was equivalent to a +11% bottom-line beat. Newmark lifted its full-year revenue and earnings guidance, and the market sees NMRK expanding its non-GAAP adjusted EPS by +22% next year. I am still rating NMRK as a Buy, as I find the stock's low teens multiple to be attractive.

Newmark Advises on Sale of Iconic W Hotel South Beach
prnewswire.com05 November 2024 Sentiment: POSITIVE

Sale Marks Largest Miami Hotel Transaction This Year NEW YORK , Nov. 5, 2024 /PRNewswire/ -- Newmark announces the more than $400 million sale of the 20-story oceanfront W Hotel South Beach in Miami, Florida. Newmark was an advisor to the seller, Tricap1.

Newmark Group, Inc. (NMRK) Q3 2024 Earnings Call Transcript
seekingalpha.com05 November 2024 Sentiment: NEUTRAL

Newmark Group, Inc. (NASDAQ:NMRK ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Jason McGruder - Head of Investor Relations Barry Gosin - Chief Executive Officer Mike Rispoli - Chief Financial Officer Luis Alvarado - CRO & East Region Market Leader Conference Call Participants Connor Mitchell - Piper Sandler Jade Rahmani - KBW Patrick O'Shaughnessy - Raymond James Operator Ladies and gentlemen, good day, and welcome to the Newmark Group 3Q 2024 Financial Results Call. Today's conference is being recorded.

Newmark Group (NMRK) Q3 Earnings Top Estimates
zacks.com05 November 2024 Sentiment: POSITIVE

Newmark Group (NMRK) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.27 per share a year ago.

Newmark Reports Third Quarter 2024 Financial Results
prnewswire.com05 November 2024 Sentiment: POSITIVE

Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today NEW YORK , Nov. 5, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today, reported its financial results for the three and nine months ended September 30, 2024, and declared its quarterly dividend.

Newmark Arranges $315 Million Refinancing for National Self-Storage Portfolio
prnewswire.com04 November 2024 Sentiment: POSITIVE

NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Newmark announces it has arranged a $315 million loan on behalf of TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, and Andover Properties for the refinancing of a national 43-asset self-storage portfolio. Newmark's Co-Presidents of Global Debt & Structured Finance  Jordan Roeschlaub  and Jonathan Firestone , Vice Chairman Nick Scribani and Director John Caraviello arranged the financing, which was provided by Wells Fargo, Goldman Sachs and 3650 REIT.

Newmark Advises on $162 Million Sale of The Plaza at Walnut Creek
prnewswire.com23 October 2024 Sentiment: POSITIVE

The Sale Represents the Largest Multi-Tenant Trophy Office Sale on the West Coast Since 20221 SAN FRANCISCO , Oct. 23, 2024 /PRNewswire/ -- Newmark2 announces the firm advised on the sale of The Plaza at Walnut Creek, a trophy 362,399-square-foot office complex situated in San Francisco's East Bay market. The property sold for $162 million, representing the largest multi-tenant office sale on the West Coast since 2022.

Newmark Advises on $3.4 Billion Joint Venture on One Million-Square-Foot Texas Data Center
prnewswire.com18 October 2024 Sentiment: POSITIVE

NEW YORK , Oct. 17, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it served as strategic advisor to Blue Owl Capital, Inc. ("Blue Owl"), Primary Digital Infrastructure and Crusoe Energy Systems LLC ("Crusoe") in a $3.4 billion joint venture ("JV") to fund a purpose-built data center at the Lancium Clean Campus in Abilene, Texas. Newmark's Co-President of Global Debt & Structured Finance Jordan Roeschlaub , Head of Data Center Capital Markets  Brent Mayo , Co-Head of Strategic Advisory Andrew Warin  and Director of Strategic Advisory Chase Tagen  acted as the advisors for the JV.

Newmark Expands Germany Presence, Naming Top Industry Leader Marcus Lütgering as Country Head to Drive Growth and Strategy
prnewswire.com07 October 2024 Sentiment: POSITIVE

NEW YORK and MUNICH , Oct. 7, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers announces that Germany's distinguished industry leader Marcus Lütgering has joined to lead its efforts in building out the firm's German business, continuing its global strategy to hire top-tier professionals across nearly all industry verticals, asset classes and key geographies. "Germany stands as a premier global financial and industrial center, home to 50 Forbes Global 2000 20241 companies, including major banks and other financial institutions, leading manufacturers and technology companies, as well as the European Central Bank.

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What type of business is Newmark?

Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets 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; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; 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 offers 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.

What sector is Newmark in?

Newmark is in the Real Estate sector

What industry is Newmark in?

Newmark is in the Services industry

What country is Newmark from?

Newmark is headquartered in United States

When did Newmark go public?

Newmark initial public offering (IPO) was on 15 December 2017

What is Newmark website?

https://www.nmrk.com

Is Newmark in the S&P 500?

No, Newmark is not included in the S&P 500 index

Is Newmark in the NASDAQ 100?

No, Newmark is not included in the NASDAQ 100 index

Is Newmark in the Dow Jones?

No, Newmark is not included in the Dow Jones index

When was Newmark the previous earnings report?

No data

When does Newmark earnings report?

The next expected earnings date for Newmark is 21 February 2025