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The price of Newmark Group Inc (NASDAQ: NMRK) closed at $12.62 in the last session, up 1.69% from day before closing price of $12.41. In other words, the price has increased by $1.69 from its previous closing price. On the day, 0.69 million shares were traded. NMRK stock price reached its highest trading level at $12.8 during the session, while it also had its lowest trading level at $12.52.
Ratios:
We take a closer look at NMRK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.12. In the meantime, Its Debt-to-Equity ratio is 1.79 whereas as Long-Term Debt/Eq ratio is at 1.05.
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, Piper Sandler on December 20, 2023, Upgraded its rating to Overweight and sets its target price to $13 from $7 previously.
Goldman Downgraded its Neutral to Sell on December 12, 2022, while the target price for the stock was maintained at $8.
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 3148765696 and an Enterprise Value of 4463875584. As of this moment, Newmark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.41, and their Forward P/E ratio for the next fiscal year is 9.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 1.755 whereas that against EBITDA is 14.66.
Stock Price History:
Over the past 52 weeks, NMRK has reached a high of $13.25, while it has fallen to a 52-week low of $5.09. The 50-Day Moving Average of the stock is 13.78%, while the 200-Day Moving Average is calculated to be 24.96%.
Shares Statistics:
According to the various share statistics, NMRK traded on average about 1.08M shares per day over the past 3-months and 1374270 shares per day over the past 10 days. A total of 152.64M shares are outstanding, with a floating share count of 139.51M. Insiders hold about 19.12% of the company’s shares, while institutions hold 58.04% stake in the company. Shares short for NMRK as of 1722384000 were 2631659 with a Short Ratio of 2.43, compared to 1719532800 on 3596471. Therefore, it implies a Short% of Shares Outstanding of 2631659 and a Short% of Float of 1.9900000000000002.
Dividends & Splits
The forward annual dividend rate for NMRK is 0.12, which was 0.12 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0096696215The stock’s 5-year Average Dividend Yield is 2.11.
