For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $10.24 in the prior trading day, Newmark Group Inc (NASDAQ: NMRK) closed at $11.05, up 7.91%. In other words, the price has increased by $7.91 from its previous closing price. On the day, 1.45 million shares were traded. NMRK stock price reached its highest trading level at $11.19 during the session, while it also had its lowest trading level at $9.65.
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 1.66 whereas as Long-Term Debt/Eq ratio is at 0.95.
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 this company, Goldman on December 06, 2024, initiated with a Buy rating and assigned the stock a target price of $19.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on September 05, 2024, whereas the target price for the stock was revised from $13.50 to $16.50.
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 2786191360 and an Enterprise Value of 4090856704. As of this moment, Newmark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.59, and their Forward P/E ratio for the next fiscal year is 6.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 1.494 whereas that against EBITDA is 12.565.
Stock Price History:
The Beta on a monthly basis for NMRK is 1.92, which has changed by 0.06557381 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, NMRK has reached a high of $16.10, while it has fallen to a 52-week low of $9.44. The 50-Day Moving Average of the stock is -15.92%, while the 200-Day Moving Average is calculated to be -18.30%.
Shares Statistics:
The stock has traded on average 1.04M shares per day over the past 3-months and 1341730 shares per day over the last 10 days, according to various share statistics. A total of 149.51M shares are outstanding, with a floating share count of 141.47M. Insiders hold about 21.61% of the company’s shares, while institutions hold 59.54% stake in the company. Shares short for NMRK as of 1741910400 were 5087723 with a Short Ratio of 4.89, compared to 1739491200 on 5038581. Therefore, it implies a Short% of Shares Outstanding of 5087723 and a Short% of Float of 6.9.
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 0.01171875The stock’s 5-year Average Dividend Yield is 1.65.
