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After finishing at $15.17 in the prior trading day, Newmark Group Inc (NASDAQ: NMRK) closed at $14.74, down -2.83%. In other words, the price has decreased by -$2.83 from its previous closing price. On the day, 1.4 million shares were traded. NMRK stock price reached its highest trading level at $15.135 during the session, while it also had its lowest trading level at $14.475.
Ratios:
Our goal is to gain a better understanding of NMRK by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.03 whereas as Long-Term Debt/Eq ratio is at 1.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on September 05, 2024, Upgraded its rating to Outperform and sets its target price to $16.50 from $13.50 previously.
On August 16, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $15.
Piper Sandler Upgraded its Neutral to Overweight on December 20, 2023, whereas the target price for the stock was revised from $7 to $13.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NMRK now has a Market Capitalization of 3663037440 and an Enterprise Value of 5061386240. As of this moment, Newmark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.97, and their Forward P/E ratio for the next fiscal year is 10.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at 1.937 whereas that against EBITDA is 15.789.
Stock Price History:
Over the past 52 weeks, NMRK has reached a high of $16.10, while it has fallen to a 52-week low of $7.63. The 50-Day Moving Average of the stock is -2.35%, while the 200-Day Moving Average is calculated to be 22.14%.
Shares Statistics:
The stock has traded on average 1.42M shares per day over the past 3-months and 1485650 shares per day over the last 10 days, according to various share statistics. A total of 152.64M shares are outstanding, with a floating share count of 137.96M. Insiders hold about 19.36% of the company’s shares, while institutions hold 59.57% stake in the company. Shares short for NMRK as of 1730332800 were 4373365 with a Short Ratio of 3.08, compared to 1727654400 on 5171798. Therefore, it implies a Short% of Shares Outstanding of 4373365 and a Short% of Float of 6.92.
Dividends & Splits
In the trailing 12 months, NMRK’s forward annual dividend rate was 0.12, compared to 0.12 this year. Against a Trailing Annual Dividend Yield of 0.007910349The stock’s 5-year Average Dividend Yield is 1.95.
