Market Insights: Newmark Group Inc (NMRK)’s Notable Gain of 2.04, Closing at 12.53

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As of close of business last night, Newmark Group Inc’s stock clocked out at $12.53, up 2.04% from its previous closing price of $12.28. In other words, the price has increased by $2.04 from its previous closing price. On the day, 1.12 million shares were traded. NMRK stock price reached its highest trading level at $12.65 during the session, while it also had its lowest trading level at $12.3.

Ratios:

To gain a deeper understanding of NMRK’s stock, we examine 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 3159364352 and an Enterprise Value of 4419299328. As of this moment, Newmark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.82, and their Forward P/E ratio for the next fiscal year is 7.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 1.78. Its current Enterprise Value per Revenue stands at 1.614 whereas that against EBITDA is 13.574.

Stock Price History:

The Beta on a monthly basis for NMRK is 1.69, which has changed by 0.10591352 over the last 52 weeks, in comparison to a change of 0.08275449 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 -7.21%, while the 200-Day Moving Average is calculated to be -6.43%.

Shares Statistics:

It appears that NMRK traded 978.20K shares on average per day over the past three months and 1152880 shares per day over the past ten days. A total of 149.51M shares are outstanding, with a floating share count of 141.50M. Insiders hold about 21.59% of the company’s shares, while institutions hold 59.55% stake in the company. Shares short for NMRK as of 1740700800 were 4726583 with a Short Ratio of 4.83, compared to 1738281600 on 5126138. Therefore, it implies a Short% of Shares Outstanding of 4726583 and a Short% of Float of 6.41.

Dividends & Splits

With its trailing 12-month dividend rate of 0.12, NMRK has a forward annual dividend rate of 0.12. Against a Trailing Annual Dividend Yield of 0.009771987The stock’s 5-year Average Dividend Yield is 1.79.

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