Newmark Group Inc (NMRK) Stock Forecast & Price Target
Newmark Group Inc · NASDAQ
$14.85-0.40 (-2.62%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering Newmark Group Inc, 3 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $18.50 to $22.00, so the covering firms are broadly aligned. The average target of $20.17 sits 36% above the current $14.85. The rating mix has stayed broadly stable, with Buy-side ratings easing from 5 to 3 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.76 next quarter toward $2.21 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Strong Buy
Strong Buy00%
Buy3100%
Hold00%
Sell00%
Strong Sell00%
Based on 3 analysts giving stock ratings to Newmark Group Inc.
As of Sep, 3 of 3 firms rate NMRK a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
NMRK EPS & revenue forecast
EPS · NEXT QUARTER
$0.76
Range $0.74 – $0.79 · 6 analysts · +12% YoY
Next period, 6 analysts expect Newmark Group Inc to earn $0.76 a share (range $0.74 – $0.79), versus $0.68 a year earlier. Full-year consensus is $1.95, growing to $2.21 the year after.
REVENUE · NEXT QUARTER
$1.1B
Range $1.1B – $1.2B · 6 analysts · +13% YoY
Revenue is expected to reach $1.1B (range $1.1B – $1.2B), +13.4% year-over-year. Full-year consensus is $3.8B, rising to $4.2B next year.
Top analysts covering Newmark Group Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on NMRK.
#1
Jade Rahmani
Keefe, Bruyette & Woods · Rank #12
Buy
$18.50+24.6% to target
Overall win rate
59%
+ Follow
#2
Mitch Germain
JMP Securities · Rank #119
Buy
$19.00+27.9% to target
Overall win rate
45%
+ Follow
#3
Alexander Goldfarb
Piper Sandler · Rank #120
Buy
$19.00+27.9% to target
Overall win rate
43%
+ Follow
#4
Brendan Lynch
Barclays
Buy
$20.00+34.7% to target
Coverage
—
+ Follow
#5
Andrew Rosivach
Wolfe Research
Buy
No targeton NMRK
Coverage
—
+ Follow
NMRK stock forecast FAQ
What is NMRK's average 12-month price target?+
The 3 analysts with a live target average $20.17 for Newmark Group Inc over the next 12 months, ranging from a $22.00 high to a $18.50 low.
Is NMRK stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 3 analyst ratings, 3 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for NMRK?+
The Street-high target is $22.00 (Citizens), and the Street-low is $18.50 (Keefe, Bruyette & Woods). The average of all 3 active targets is $20.17.
How many Wall Street analysts cover NMRK?+
3 analysts have an active rating on Newmark Group Inc, and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering NMRK?+
Among analysts who currently cover NMRK, Jade Rahmani of Keefe, Bruyette & Woods has the strongest overall Quantellect track record (Rank #12). Their current call is Buy with a $18.50 target.
What is Newmark Group Inc's projected EPS for next quarter?+
The consensus estimate is $0.76 per share (range $0.74 – $0.79) across 6 analysts. Full-year EPS is projected at $1.95, rising to $2.21 the following year.
How much revenue is Newmark Group Inc expected to report next quarter?+
Consensus revenue is $1.1B (range $1.1B – $1.2B). Full-year revenue is projected at $3.8B, growing to $4.2B next year.
Have analysts been upgrading or downgrading NMRK lately?+
As of Sep, 3 of 3 firms rate NMRK a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their NMRK calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
