In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Newmark Group Inc (NASDAQ: NMRK) closed at $13.12 up 0.77% from its previous closing price of $13.02. In other words, the price has increased by $0.77 from its previous closing price. On the day, 0.83 million shares were traded. NMRK stock price reached its highest trading level at $13.21 during the session, while it also had its lowest trading level at $12.78.
Ratios:
For a deeper understanding of Newmark Group Inc’s stock, let’s take a closer look at its various 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 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 3246084864 and an Enterprise Value of 4767136768. As of this moment, Newmark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.59, and their Forward P/E ratio for the next fiscal year is 9.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 1.89. Its current Enterprise Value per Revenue stands at 1.824 whereas that against EBITDA is 14.871.
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 $9.22. The 50-Day Moving Average of the stock is -12.07%, while the 200-Day Moving Average is calculated to be 4.76%.
Shares Statistics:
For the past three months, NMRK has traded an average of 1.29M shares per day and 1036490 over the past ten days. A total of 146.96M shares are outstanding, with a floating share count of 138.36M. Insiders hold about 19.12% of the company’s shares, while institutions hold 59.58% stake in the company. Shares short for NMRK as of 1732838400 were 5050426 with a Short Ratio of 3.92, compared to 1730332800 on 4373365. Therefore, it implies a Short% of Shares Outstanding of 5050426 and a Short% of Float of 7.9799999999999995.
Dividends & Splits
According to the company, the forward annual dividend rate for NMRK is 0.12, from 0.12 in the trailing year. Against a Trailing Annual Dividend Yield of 0.009216589The stock’s 5-year Average Dividend Yield is 1.91.
