Newmark stock: buy or sell?

NMRK stock price: $2.99 -12.32% At close on April 2nd, 2020

Updated on:
April 2nd, 2020

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Newmark shares collapsed -12.32% to $2.99 today. On Mar/26 NMRK skyrocketed an outstanding 18.22%. With Thursday it's been 5 sliding days in a row, loosing $-2.39 (-54.32%).

Newmark Group, Inc. provides commercial real estate services in the United States. Its investor\u002Fowner services and products include capital markets, which consist of investment sales, debt and structured finance and loan sales, agency leasing, property management, valuation and advisory, and loan servicing; and diligence and underwriting and government sponsored entity lending.

Should I buy Newmark stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Newmark stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean NMRK will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Newmark stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for NMRK stock for the last 30 days.

Newmark stock analysis

Daily outlook

Newmark ended today at $2.99 and collapsed a frightening -12.32%.

Newmark ended today at $2.99 and collapsed a frightening -12.32%. Since last Feb 27th when NMRK stock price broke down the SMA200d line, it slid $-7.61 per share (-71.79%).

NMRK stock chart (daily)

Weekly outlook

After boosting a dazzling 24.56% in a week last week, Newmark closed this week at $2.99 and plummed a hair-raising -41.72%.

Since late February, when NMRK stock price broke down the 40-weeks moving avarage line, it slid $-8.58 per share (-74.16%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Since SMA20w and SMA40w crossed up by mid September 2019, NMRK price slid a -69.89%.

NMRK stock chart (weekly)

Newmark stock price history

Newmark stock went public on December 15th, 2017 with a price of $13.051. Since then, NMRK stock lost a -77.10%, with a yearly average of -38.60%.

1: Adjusted price after possible price splits or reverse-splits.

Newmark stock historical price chart

NMRK stock reached 52-week highs on December at $13.71, and all-time highs 2018-02-02 with a price of 15.77.

Newmark stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price forecast for Newmark stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Newmark presented its financial report, posting a tiny climb for the Earnings per Share (EPS). Analyst were expecting $0.43 per share, but Newmark posted $0.45.
NMRK earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/a0.61n/a
2017-Q3-n/a0.28n/a
2017-Q4-n/a0.14n/a
2018-Q12018-05-030.230.22-4.3%
2018-Q22018-08-020.280.25-10.7%
2018-Q32018-10-250.60.59-1.7%
2018-Q42019-02-120.430.454.7%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw an astounding gain of 28.26% to $2,047.58 million USD. In contrary, its profit margin (compared to revenues) declined to 5.21%, that is $106.73 million.

NMRK annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2015$1,200 M-$-2.80 M-0.2%-
2016$1,350 M12.47%$168 M12.5%-6,107.88%
2017$1,596 M18.26%$144 M9.1%-14.20%
2018$2,048 M28.26%$107 M5.2%-26.13%

Quarterly financial results

Newmark reported $631.69 million in revenues for 2018-Q4, a 21.76% improvement compared to previous quarter. Reported quarter earnings marked $17.76 M with a profit margin of 2.81%. Profit margin plummed a -10.34% compared to previous quarter when profit margin was 13.15%. When comparing sales to same quarter last year, Newmark sales marked an outstanding increase and skyrocketed a 37.15%. Looking back to recent quarterly results, Newmark posted 3 negative quarters in a row.
NMRK quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$287 M-$37 M12.8%-
2017-Q2$410 M42.83%$55 M13.5%50.23%
2017-Q3$398 M-2.81%$99 M24.8%79.17%
2017-Q4$461 M15.66%$-46 M-10.0%-146.73%
2018-Q1$430 M-6.54%$20 M4.6%-143.31%
2018-Q2$467 M8.40%$1 M0.2%-96.30%
2018-Q3$519 M11.18%$68 M13.2%9,133.69%
2018-Q4$632 M21.76%$18 M2.8%-73.97%

Newmark ownership

When you are planning to invest in shares of a company, it's always worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Newmark, 4.77% of all outstanding shares are owned by its staff.

In case of Newmark stock, 68.14% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for NMRK stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Newmark:

NMRK
Market cap$474.3 M
Total shares158.6 M
Float shares149.1 M
  - Institutional holdings (%)68.1%
  - Insider holdings (%)4.8%
Shares in short selling0.0%

Newmark summary

Thursday, April 2nd, 2020
Open$3.46
Close$2.99
Day range$2.93 - $3.54
Previous close$3.41
Session gain-12.32%
Average true range$0.99
50d mov avg$8.81
100d mov avg$10.75
200d mov avg$9.97
Daily patternlt03a
Weekly pattern

Newmark performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Newmark, the comparison is made against .
Stock3m6m12m
NMRKNewmark-76.48%-66.74%-63.27%

Newmark competitors

Unfortunately, we could not find any public company that could be defined as Newmark competitor. This doesn't mean Newmark does not have any competitor in the market, it's just we could not detected it.