Newmark Group Inc (NASDAQ: NMRK) kicked off on Friday, up 7.57% from the previous trading day, before settling in for the closing price of $15.32. Over the past 52 weeks, NMRK has traded in a range of $9.65-$19.83.
Real Estate Sector giant saw their annual sales slid by -10.03% over the last five years. While this was happening, its average annual earnings per share was recorded 29.27%. With a float of $155.38 million, this company’s outstanding shares have now reached $157.49 million.
Newmark Group Inc (NMRK) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Real Estate Services Industry. The insider ownership of Newmark Group Inc is 13.87%, while institutional ownership is 63.60%.
Newmark Group Inc (NMRK) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported 0.55 earnings per share (EPS), higher than consensus estimate (set at 0.48) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 29.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.86% during the next five years compared to -10.03% drop over the previous five years of trading.
Newmark Group Inc (NASDAQ: NMRK) Trading Performance Indicators
Take a look at Newmark Group Inc’s (NMRK) current performance indicators. Last quarter, stock had a quick ratio of 1.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.58, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 1.85 in one year’s time.
Technical Analysis of Newmark Group Inc (NMRK)
Analysing the last 5-days average volume posted by the [Newmark Group Inc, NMRK], we can find that recorded value of 1.29 million was better than the volume posted last year of 1.22 million. As of the previous 9 days, the stock’s Stochastic %D was 22.54%.
During the past 100 days, Newmark Group Inc’s (NMRK) raw stochastic average was set at 56.88%, which indicates a significant increase from 48.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.64 in the past 14 days, which was higher than the 0.53 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.97, while its 200-day Moving Average is $14.41. Now, the first resistance to watch is $16.92. This is followed by the second major resistance level at $17.36. The third major resistance level sits at $18.13. If the price goes on to break the first support level at $15.70, it is likely to go to the next support level at $14.93. Should the price break the second support level, the third support level stands at $14.49.
Newmark Group Inc (NASDAQ: NMRK) Key Stats
The company with the Market Capitalisation of 2.97 billion has total of 176,708K Shares Outstanding. Its annual sales at the moment are 2,739 M in contrast with the sum of 61,230 K annual income. Company’s last quarter sales were recorded 863,460 K and last quarter income was 46,150 K.
