Newmark stock: buy or sell?

NMRK stock price: $8.18 -5.43% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

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Newmark closed today at $8.18 and collapsed a dreadful -5.43%.

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?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading plan that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Newmark stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Newmark stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we found 1 rating published for NMRK stock in the last month.

Is NMRK a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-2-28WedbushOutperformOutperform

Newmark stock analysis

Daily outlook

Newmark collapsed a dreadful -5.43% and closed at $8.18.

Newmark shares collapsed -5.43% to $8.18 today. Since last Jul 16th when SMA50d and SMA100d crossed up, NMRK price slipped $-1.46 per share (-15.15%).

NMRK stock chart (daily)

Weekly outlook

Shares of Newmark ended this week at $8.18 and collapsed a frightening -5.32%. For 5 weeks in a row, price slid and lost a -16.89%.

In a weekly time frame, Newmark stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, NMRK might consolidate in a flat-base, waiting to break out over or down under . Since price and 40-weeks moving average lines crossed down last week, NMRK fell $-0.96 per share (-10.50%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.

NMRK stock chart (weekly)

Newmark stock price history

Newmark stock went public on December 15th, 2017 with a price of $13.291. Since then, NMRK stock declined a -38.40%, with a yearly average of -38.40%.

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

Newmark stock historical price chart

NMRK stock reached 52-week highs at $12.47, and all-time highs 2018-02-02 with a price of 16.06.

Newmark stock price target is $16.00

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. 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. Currently, only 1 price forecast for Newmark stock was published in the last month:
NMRK stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-2-28WedbushLowers Target$20.00$16.00-20%
(in average)$20.00$16.00-20.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Newmark reported its latest financial data, posting a tiny gain for the Earnings per Share (EPS) ratio. Experts expected $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

In 2018, Newmark annual sales climbed an amazing 28.26% to $2,047.58 M USD from $1,596.45 marked in 2017. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) decreased a -3.84% to 5.21%.

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 M in sales for 2018-Q4, a 21.76% improvement compared to previous quarter. Reported quarter income 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 revenues to same quarter last year, Newmark sales marked an astounding growth and rocketed a 37.15%. Looking back to recent quarterly results, Newmark posted 3 positive 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 a company, it's always worth to have a look its ownership structure.

Newmark shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.82% of all shares.

In case of Newmark stock, 64.68% 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.

For a better understanding, the next table shows ownership data compared to other related companies:

NMRK
Market cap$1.3 B
Total shares157.3 M
Float shares144.0 M
  - Institutional holdings (%)64.7%
  - Insider holdings (%)3.8%
Shares in short selling0.0%

Newmark summary

Friday, August 23rd, 2019
Open$8.59
Close$8.18
Day range$8.05 - $8.61
Previous close$8.65
Session gain-5.43%
Average true range$0.30
50d mov avg$9.10
100d mov avg$8.64
200d mov avg$8.81
Daily patternlt03c
Weekly pattern lt06a

Newmark performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We picked as the bechmarking frame for Newmark stock.
Stock3m6m12m
NMRKNewmark-6.08%-17.62%-33.33%

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.