Newmark Group Stock (NASDAQ:NMRK)
Previous Close
$14.81
52W Range
$11.02 - $19.84
50D Avg
$15.33
200D Avg
$16.57
Market Cap
$2.37B
Avg Vol (3M)
$1.53M
Beta
1.70
Div Yield
$0.15 (0.99%)
NMRK Company Profile
Newmark Group, Inc., a venerable New York City-based enterprise established in 1929, offers a full spectrum of commercial property services both domestically within the United States and across international markets. The company’s diverse service portfolio is designed to assist two primary client segments. For real estate investors and property owners, Newmark provides extensive capital markets assistance, covering investment strategies, debt and structured financing, and the sale of loan portfolios. Further offerings for this group include agency leasing, professional property management, specialized valuation and advisory support, thorough commercial real estate due diligence, government-sponsored enterprise (GSE) financing, loan servicing, mortgage brokering, and capital raising solutions. Conversely, for corporate occupiers and tenants, the firm’s services focus on tenant representation, advanced real estate management technology, strategic workplace and occupancy planning, global corporate consulting, project oversight, account and transaction management, lease administration, and integrated facilities management. Newmark caters to a broad clientele, encompassing commercial real estate tenants, private and institutional investors, property owners, developers, corporate occupiers, financial lenders, and multinational corporations. Demonstrating its global footprint, the company operated approximately 160 offices spread across four continents as of December 31, 2021. The firm adopted its current name, Newmark Group, Inc., in October 2017, having formerly been known as Newmark Knight Frank.
NMRK Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 25 | Dec 24 | Dec 23 |
|---|---|---|---|
| Investment Advice | $559.39M | $417.68M | $381.28M |
| Mortgage Brokerage And Debt Placement | $254.25M | $164.69M | $126.93M |
| Management Services | $954.10M | $833.00M | $733.59M |
| Leasing And Other Commissions | $1.00B | $857.62M | $839.60M |
| Servicing | $122.83M | $100.17M | $82.08M |
| Servicing Fees And Other | $290.13M | $273.70M | $237.29M |
Fiscal year ends in Dec 25 | Currency in USD