Newmark Group, Inc.

NMRK

US65158N1028

Real Estate Services

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
9.76 ^USD	+1.04%		+1.99%	-10.95%

Apr. 12	Newmark Appoints Ania Jastrzebska as Managing Director, Global Managed Services	CI
Mar. 28	Newmark Group, Inc. Announces Executive Changes	CI

Newmark Group, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 22, 2024 at 08:44 am EST

Newmark Group, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 239.41 million compared to USD 200.19 million a year ago. Revenue was USD 747.44 million compared to USD 607.28 million a year ago.

Net income was USD 36.55 million compared to USD 6.43 million a year ago. Basic earnings per share from continuing operations was USD 0.21 compared to USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.21 compared to USD 0.04 a year ago.

Latest news about Newmark Group, Inc.

Newmark Appoints Ania Jastrzebska as Managing Director, Global Managed Services	Apr. 11	CI
Newmark Group, Inc. Announces Executive Changes	Mar. 28	CI
Newmark Group, Inc. Hires Clint Madison and John Fancher in Dallas, Expanding Agency Leasing Practice	Mar. 18	CI
Newmark Group Opens Paris Office	Mar. 11	MT
Newmark Group, BitOoda Collaborate for Digital Infrastructure Advancement	Mar. 06	MT
BitOoda and Newmark Enter into Partnership in Data Center and Digital Infrastructure	Mar. 06	CI
Keefe, Bruyette & Woods Adjusts Price Target on Newmark to $11.25 From $11, Maintains Market Perform Rating	Feb. 26	MT
Sector Update: Financial Stocks Advance Late Afternoon	Feb. 22	MT
Sector Update: Financial Stocks Rise Thursday Afternoon	Feb. 22	MT
Newmark Adjusted Earnings, Revenue Rise; Issues 2024 Guidance	Feb. 22	MT
Transcript : Newmark Group, Inc., Q4 2023 Earnings Call, Feb 22, 2024	Feb. 22
Tranche Update on Newmark Group, Inc.'s Equity Buyback Plan announced on May 15, 2018.	Feb. 22	CI
Newmark Group, Inc. Declares Qualified Quarterly Dividend, Payable on March 22, 2024	Feb. 22	CI
Newmark Group, Inc. Provides Earnings Guidance for 2024	Feb. 22	CI
Newmark Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 22	CI
Newmark Group, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 22	CI
North American Morning Briefing : Nvidia Ignites -2-	Feb. 22	DJ
Newmark Lands Leading National Affordable Housing Advisory Team	Feb. 15	CI
Newmark Group, Inc. Appoints Matthew Featherstone as Head of Debt & Structured Finance for the Uk and Europe	Feb. 15	CI
Newmark Group Closes Offering of $600 Million Senior Notes	Jan. 12	MT
Newmark Group, Inc. Completes Offering of $600 Million of 7.500% Senior Notes	Jan. 12	CI
Newmark Group, Inc. announced that it has received $600 million in funding	Jan. 11	CI
Newmark Prices $600 Million of 7.5% Senior Notes	Jan. 05	MT
Newmark Announces Pricing of $600 Million of 7.500% Senior Notes	Jan. 05	CI
US corporate bond issuance to slow after strong start to 2024	Jan. 05	RE

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Company Profile

Newmark Group, Inc. is a commercial real estate advisor and service provider to institutional investors, global corporations and other owners and occupiers. The Company offers a diverse array of integrated services and products designed to meet the full needs of its clients. Its investor/owner services and products include capital markets, which consists of investment sales and commercial mortgage brokerage, including the placement of debt, equity raising, structured finance and loan sales on behalf of third parties; landlord (agency) leasing; valuation and advisory; property management; its commercial real estate technology platform and capabilities; business rates for United Kingdom property owners; due diligence, consulting and other advisory services; government-sponsored enterprises (GSE) and the Federal Housing Administration (FHA), lending, including multifamily lending and loan servicing; limited loan servicing and asset management, and flexible workspace solutions for owners.

Sector

Real Estate Services

Calendar

2024-05-03 - Q1 2024 Earnings Release

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Ratings for Newmark Group, Inc.

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

9.76 USD

Average target price

12.12 USD

Spread / Average Target

+24.23%

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Company calendar

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