Newmark Group Inc (NMRK) Stock Forecast & Price Target
Newmark Group Inc · NASDAQ
$16.19+0.30 (+1.89%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 5 firms covering Newmark Group Inc, 5 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 $19.50 sits 20% above the current $16.19. The rating mix has stayed broadly stable, with Buy-side ratings easing from 5 to 4 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.48 next quarter toward $2.18 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS5 ratings
Strong Buy
Strong Buy00%
Buy5100%
Hold00%
Sell00%
Strong Sell00%
Based on 5 analysts giving stock ratings to Newmark Group Inc.
As of Jul, 4 of 4 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
$0.48
Range $0.45 – $0.52 · 6 analysts · +15% YoY
Next period, 6 analysts expect Newmark Group Inc to earn $0.48 a share (range $0.45 – $0.52), versus $0.42 a year earlier. Full-year consensus is $1.95, growing to $2.18 the year after.
REVENUE · NEXT QUARTER
$971.1M
Range $947.1M – $993.0M · 6 analysts · +12% YoY
Revenue is expected to reach $971.1M (range $947.1M – $993.0M), +12.5% 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 #8
Buy
$18.50+14.3% to target
Overall win rate
59%
+ Follow
#2
Alexander Goldfarb
Piper Sandler · Rank #97
Buy
$19.00+17.4% to target
Overall win rate
43%
+ Follow
#3
Mitch Germain
JMP Securities · Rank #121
Buy
$19.00+17.4% to target
Overall win rate
44%
+ Follow
#4
Andrew Rosivach
Wolfe Research
Buy
No targeton NMRK
Coverage
—
+ Follow
#5
Brendan Lynch
Barclays
Buy
$19.00+17.4% to target
Coverage
—
+ Follow
NMRK stock forecast FAQ
What is NMRK's average 12-month price target?+
The 5 analysts with a live target average $19.50 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 5 analyst ratings, 5 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 5 active targets is $19.50.
How many Wall Street analysts cover NMRK?+
5 analysts have an active rating on Newmark Group Inc, and 5 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 #8). 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 $0.48 per share (range $0.45 – $0.52) across 6 analysts. Full-year EPS is projected at $1.95, rising to $2.18 the following year.
How much revenue is Newmark Group Inc expected to report next quarter?+
Consensus revenue is $971.1M (range $947.1M – $993.0M). Full-year revenue is projected at $3.8B, growing to $4.2B next year.
Have analysts been upgrading or downgrading NMRK lately?+
As of Jul, 4 of 4 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.