CSIMarket Company Name, Ticker, Industry, else..
 
Newmark Group Inc   (NMRK)
Other Ticker:  
 
    Sector • Services    Industry • Real Estate Operations
   Industry • Real Estate Operations
   Sector • Services
 
Price: $14.8400 $0.17 1.159%
Day's High: $14.905 Week Perf: 1.37 %
Day's Low: $ 14.62 30 Day Perf: -0.4 %
Volume (M): 1,244 52 Wk High: $ 16.10
Volume (M$): $ 18,461 52 Wk Avg: $10.66
Open: $14.69 52 Wk Low: $5.09



 Market Capitalization (Millions $) 3,793
 Shares Outstanding (Millions) 256
 Employees 7,000
 Revenues (TTM) (Millions $) 2,382
 Net Income (TTM) (Millions $) 22
 Cash Flow (TTM) (Millions $) -42
 Capital Exp. (TTM) (Millions $) 42

Newmark Group Inc
Newmark Group Inc is a real estate company that specializes in providing commercial real estate services. The company was founded in 1929 and its headquarters are located in New York City, in the United States. Newmark Group Inc operates through its subsidiaries, which include Newmark Knight Frank, Newmark Capital Advisors, Newmark Grubb Zimmer, and Newmark Grubb ACRES. The company's services cover leasing, property management, investment sales, appraisal, consulting, workplace strategy, and technology solutions.

Newmark Knight Frank is the company's flagship subsidiary that offers a range of commercial real estate services, including tenant representation, landlord representation, and capital markets services. Newmark Capital Advisors provides financial advisory services to real estate fund managers and institutional investors. Newmark Grubb Zimmer provides commercial real estate services in Kansas, Missouri, and Illinois, while Newmark Grubb ACRES provides real estate services in Utah, Nevada, and Idaho.

In addition to these services, Newmark Group Inc also has a technology division that provides software solutions to the commercial real estate industry. The division includes three software platforms: RealConnex, which is a collaborative platform for real estate professionals, Dealpath, which is a platform for investment professionals, and DatasiteOne, which is a data room platform for M&A transactions.

Newmark Group Inc is a publicly traded company and is listed on the NASDAQ. The company has a strong presence across North America and operates in over 400 offices in 30 countries. The company has also won several awards for its services over the years, including the Global Real Estate Brokerage Award in 2020. Overall, Newmark Group Inc is a leading player in the commercial real estate industry and provides a wide range of services to its clients.


   Company Address: 125 Park Avenue New York 10017 NY
   Company Phone Number: 372-2000   Stock Exchange / Ticker: NASDAQ NMRK


   

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Personnel Announcements

Navigating Growth Challenges: Newmark Group Expands Retail Capital Markets Team Amidst Mixed Financial Performance

Published Thu, Mar 28 2024 1:39 PM UTC



Newmark Group, one of the top commercial real estate advisors and service providers, has recently announced the expansion of its Retail Capital Markets team. The company has hired industry veteran Conor Lalor to steer this new initiative. With a strong track record in the real estate sector, Newmark aims to leverage Lalor's expertise to further enhance its services...
Newmark Group Inc

Newmark Group Inc Experiences Earnings Per Share Decline due to Declining Orders in Ending Quarter of Sep 30, 2023



Newmark Group Inc, a renowned player in the real estate industry, recently released its financial report for the time-frame closing September 30, 2023. The figures exhibited significant changes in revenue, net earnings, and profitability margins compared to the same period the previous year. In this article, we delve into the details and shed light on the company's performance, highlighting both the positives and negatives.
Revenue Decline and Income Per Share Plummet
In the third quarter of 2023, Newmark Group Inc encountered a substantial decline in revenue, falling by -7.277% to $616.28 million compared to $585.84 million in the preceding reporting season. This decrease impacted the company's income per share, which plummeted by -60% to $0.06, from $0.04 per share in the same period last year.
Newmark Group Inc

Newmark Group Inc Reports Sharp Decline in Revenue and Profits, Resulting in Reduced Operating and Net Margins

Newmark Group Inc, a leading real estate services company, recently reported a decline in revenue and bottom-line for the most recent fiscal period. The revenue dropped by 22.441% to $585.84 million compared to $755.35 million in the previous year. This decline in revenue directly impacted the bottom-line, which fell by 84.62%.
In contrast, the company had seen positive growth in the first quarter of the year, with a 12.489% increase in revenue to $520.80 million. Additionally, the earnings per share turned positive, going from -$0.06 per share to $0.04 per share. However, the second quarter of the year saw a significant decrease in earnings, falling by 81.83% to $11.229 million compared to $61.792 million in the same period last year.
These declining financial results have affected Newmark Group Inc's profitability. The operating margin decreased to 4.7% and the net margin shrank to 1.92%. The operating earnings also fell by 69.1% to $27.543 million, causing the operating margin to drop from 11.8% in the second quarter of 2022 to 4.7% in the current period.
Newmark Group Inc

Newmark Group Inc Faces Challenging Start to 2023 with Dwindling Demand and Revenue Decline of 23%

Newmark Group Inc, a company operating in the Services sector, recently reported a weak demand in the first quarter of 2023, causing a growth in losses. The company's shortfall per share increased to $-0.06 from $0.00, and the revenue dropped by -23.214% to $520.80 million from $678.25 million a year before. In contrast to the Q4, the revenue deteriorated by -14.241% from $607.28 million, and earnings per share fell from $0.02 per share.
For the first quarter of 2023, Newmark Group Inc logged a net shortfall of $-16.349 million, instead of breaking even as they did in the similar reporting period a year before. This can be attributed to weak demand, leading to decreased revenue and profitability. However, it is worth noting that Newmark Group Inc's productivity remained above the industry average.






Newmark Group Inc's Segments
Management services, servicing fees and other    41.49 % of total Revenue
Leasing and other commissions    32.93 % of total Revenue
Capital markets    25.58 % of total Revenue
U.S.    87.19 % of total Revenue
U.K.    7.25 % of total Revenue
Other    5.56 % of total Revenue
Management services servicing fees and other    41.49 % of total Revenue
U S    87.19 % of total Revenue
U K    7.25 % of total Revenue





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