How to Buy Newmark Group Stock
Newmark Group Inc
Newmark Group, Inc. provides commercial real estate services in the United States and internationally.
Newmark Group stock last closed at $6.03, up 4.51% from the previous day, and has decreased 44.17% in one year. It has underperformed other stocks in the Real Estate Services industry by 0.31 percentage points. Newmark Group stock is currently +19.05% from its 52-week low of $5.07, and -49.46% from its 52-week high of $11.93.
As of Jun 2, 2023, there are 174.5M NMRK shares outstanding. The market value of NMRK is $1.05B. In the last 24 hours, 790,266 NMRK shares were traded.
How to Buy Newmark Group Stock
Wondering how to invest in Newmark Group stock? Here's how.
- Decide where to buy Newmark Group stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Newmark Group stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your payment method and add your information.
- Research Newmark Group stock: The Newmark Group ticker symbol is NMRK. Is Newmark Group stock a good investment? Should you buy shares of NMRK? How do NMRK's underlying business fundamentals look? Do top analysts think Newmark Group is a good buy? Why has NMRK's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if NMRK is a good stock to buy).
- Make your NMRK buy order: Decide if you will purchase NMRK shares at the current market price or use a limit order to purchase NMRK shares at a given price.
- Keep tabs on your NMRK position: Create a watchlist to keep track of your new investment in Newmark Group stock.
Step 1: Decide where to buy Newmark Group stock
You will need a brokerage account in order to access the NASDAQ market and buy NMRK stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you can buy NMRK today.
How to Set Up a New Account on eToro
- Click here to get started.
- Provide your personal details to create your new brokerage account.
- Send your application by clicking the "Create Account" button.
Step 3: Deposit money your investment account
Now that you've created your account on investing apps, you can securely and quickly fund your account:
Check out the walkthrough below if you need help depositing funds into your investment account.
Step 4: Research Newmark Group stock
Once you have identified the best place to buy Newmark Group stock, it's critical to evaluate their stock prior to buying, so you can understand the risk and upside.
Newmark Group Metrics
NMRK Overview
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on NMRK's stock page.
What is the fair value of NMRK stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NMRK's true value.
Using relative valuations methods:
- NMRK may be undervalued based on its P/E ratio of 15.08x, relative to Real Estate Services industry P/E ratio of 51.26x
- NMRK may be undervalued based on its P/B ratio of 0.89x, relative to Real Estate Services industry P/B ratio of 2.62x
- NMRK could be undervalued based on its PEG ratio of 0.19x
You can do additional valuation analysis on NMRK's stock here.
Is NMRK a healthy company?
Pros:
- Total NMRK debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the NMRK balance sheet.
Cons:
- NMRK's operating cash flow of $295.35M allows it to safely service it's debt of $1.85B.
- There are more short-term liabilities than short-term assets on the NMRK balance sheet.
- NMRK has a relatively high debt to equity ratio of 2.47.
- NMRK earnings of $138.25M is not sufficient to cover its interest payments.
- NMRK profit margin has gone down from 23.3% to 2.8% in the past year.
Is NMRK stock a Buy, Hold, or Sell, according to analysts?
Out of 4 sell side analysts who give forecasts on NMRK, the consensus analyst rating on NMRK is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent NMRK Analyst Recommendations
Chandni Luthra, a bottom 13% analyst from Goldman Sachs maintains NMRK with a strong sell rating and lowers their NMRK price target from $6.25 to $5.50, on May 9, 2023.
Alexander Goldfarb, a top 35% analyst from Piper Sandler maintains NMRK with a hold rating and lowers their NMRK price target from $9.00 to $6.50, on May 8, 2023.
Jade Rahmani, a top 15% analyst from Keefe, Bruyette & Woods maintains NMRK with a hold rating and lowers their NMRK price target from $8.00 to $7.00, on May 8, 2023.
Patrick O'Shaughnessy, a bottom 4% analyst from Raymond James maintains NMRK with a buy rating and lowers their NMRK price target from $10.00 to $8.00, on May 8, 2023.
You can dive deeper into what analysts are saying on the Newmark Group stock forecast page.
NMRK Momentum
Is NMRK Growing Revenue?
Last year, NMRK earnings were $72.56M. Over the past four year, NMRK's earnings have grown by -9.64% per year. This was slower than the Real Estate Services industry average of 0.75%.
Last year, NMRK revenue was $2.55B. In the past 5 year, NMRK's revenue has grown by 8.5% per year. This was slower than the Real Estate Services industry average of 13.77%.
Dive into NMRK's earnings and revenue performance here.
What are NMRK insiders up to?
In the last year, executives and large shareholders at NMRK have bought more shares than they have sold.
Howard W. Lutnick, Chairman of NMRK, was the latest NMRK insider to buy. They bought $2,995,545.00 worth of NMRK stock on Jun 14, 2022.
Research more about who owns NMRK stock here.
Does NMRK provide a stable income stream?
Newmark Group pays a dividend of 2.49%, compared to the Real Estate Services industry's average dividend yield of 2.69%. If you owned $1,000 of NMRK stock, you would have been paid $24.88 in the past year.
Newmark Group dividend payments have not consistently grown over the past 6 years and have not remained stable.
Get more data about Newmark Group dividend yield and history here.
Get opinions from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your NMRK buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you require more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your NMRK position
Now that you own some NMRK stock, you'll want to stay up-to-date on your stock purchase.
Add NMRK to a watchlist to get alerted to the latest events about your NMRK stock.
NMRK Feed
How to Buy Stock in Newmark Group
To reiterate, here are the 6 steps to buy Newmark Group stock:
- Decide where to buy Newmark Group stock
- Sign up for a brokerage account
- Deposit money your investment account
- Research Newmark Group stock
- Make your NMRK buy order
- Keep tabs on your NMRK position
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your investment in Newmark Group, add NMRK to your watchlist below.
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