Newmark stock: buy or sell?

NMRK stock price: $12.19 0.74% At close on January 17th, 2020

Updated on:
January 17th, 2020

1

Newmark shares grew 0.74% to $12.19 yesterday.

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. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

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?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we found 1 rating published for NMRK stock in the last 30 days.

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

Newmark stock analysis

Daily outlook

Shares of Newmark grew a slightly good 0.74% and closed at $12.19.

Newmark shares grew 0.74% to $12.19 yesterday. Since October when NMRK stock price broke up the SMA200d line, it gained $3.43 (39.16%). Since SMA100d and SMA200d crossed up on September, NMRK price climbed $2.69 per share (28.32%).

NMRK stock chart (daily)

Weekly outlook

After sliding a spooky -8.17% in a week last week, Newmark closed this week at $12.19 and escalated a beatiful 2.70%.

Newmark shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom late September 2019, NMRK stock climbed unceasignly breaking out above its last top at $10.39. By mid September 2019, SMA20w and SMA40w crossed up triggering a rise of 21.54%. Since early September 2019 when NMRK stock price broke up the SMA40w line, it gained $3.44 (39.31%).

NMRK stock chart (weekly)

Newmark stock price history

Newmark IPO was on December 15th, 2017 at $13.18 per share1. Since then, NMRK stock lost a -7.50%, with a yearly average of -3.80%.

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

Newmark stock historical price chart

NMRK stock reached 52-week highs on Dec/23 at $13.85, and all-time highs 2018-02-02 with a price of 15.93.

Newmark stock price target is $16.00

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. 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

Newmark reported slightly fine results for 2018-Q4 on February. Newmark raised Earnings per Share (EPS) by 4.70%, beating experts of $0.43. 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 amazing growth of 28.26% to $2,047.58 million dollars. In contrast, its earnings margin (compared to revenues) slightly fell 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% up compared to previous quarter. Reported quarter earnings marked $17.76 million 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 boosted 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 a stock, 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 4.70% of all shares.

In case of Newmark stock, 64.32% 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$1.9 B
Total shares158.6 M
Float shares151.6 M
  - Institutional holdings (%)64.3%
  - Insider holdings (%)4.7%
Shares in short selling0.0%

Newmark summary

Friday, January 17th, 2020
Open$12.23
Close$12.19
Day range$12.11 - $12.35
Previous close$12.10
Session gain0.74%
Average true range$0.43
50d mov avg$12.82
100d mov avg$11.11
200d mov avg$9.85
Daily patternlt02a
Weekly pattern lb03c

Newmark performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected as the bechmarking frame for Newmark stock.
Stock3m6m12m
NMRKNewmark30.10%25.28%22.88%

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.