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As of close of business last night, Newmark Group Inc’s stock clocked out at $11.88, down -1.82% from its previous closing price of $12.10. In other words, the price has decreased by -$1.82 from its previous closing price. On the day, 1.1 million shares were traded. NMRK stock price reached its highest trading level at $12.13 during the session, while it also had its lowest trading level at $11.85.
Ratios:
To gain a deeper understanding of NMRK’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 103.13. In the meantime, Its Debt-to-Equity ratio is 1.48 whereas as Long-Term Debt/Eq ratio is at 0.99.
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 2923905536 and an Enterprise Value of 4079730176. As of this moment, Newmark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.30, and their Forward P/E ratio for the next fiscal year is 9.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 1.634 whereas that against EBITDA is 14.124.
Stock Price History:
Over the past 52 weeks, NMRK has reached a high of $12.23, while it has fallen to a 52-week low of $5.09. The 50-Day Moving Average of the stock is 15.17%, while the 200-Day Moving Average is calculated to be 26.04%.
Shares Statistics:
It appears that NMRK traded 973.22K shares on average per day over the past three months and 968310 shares per day over the past ten 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 59.69% stake in the company. Shares short for NMRK as of 1719532800 were 3596471 with a Short Ratio of 3.70, compared to 1717113600 on 3682807. Therefore, it implies a Short% of Shares Outstanding of 3596471 and a Short% of Float of 2.4699999999999998.
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 0.009917355The stock’s 5-year Average Dividend Yield is 2.16.
