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 $9.78, up 2.3% from the previous day, and has increased 56.73% in one year. It has overperformed other stocks in the Real Estate Services industry by 0.55 percentage points. Newmark Group stock is currently +93.09% from its 52-week low of $5.07, and -15.03% from its 52-week high of $11.51.
As of Apr 23, 2024, there are 172.67M NMRK shares outstanding. The market cap of NMRK is $1.69B. In the last 24 hours, 747,665 NMRK shares were traded.
How to Buy Newmark Group Stock
Not sure how to invest in Newmark Group stock? Here's how.
- Decide where to buy Newmark Group stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide 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 method of payment 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 website can help you decide 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 buy NMRK shares at a specific price.
- Keep tabs on your NMRK position: Create a watchlist to monitor your new investment in Newmark Group shares.
Step 1: Decide where to buy Newmark Group stock
You need an online brokerage account to access the NASDAQ market and buy NMRK stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best stock brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to world financial markets: From Technology to Industrials, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you can buy NMRK stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new brokerage account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on the best stock trading app, your next step is to transfer the money for your investment:
Check out the video below to see the process of transferring money into your brokerage account.
Step 4: Research Newmark Group stock
Once you have selected the best place to buy Newmark Group stock, it's critical to evaluate their stock before you invest, so you can understand the risk and opportunity.
Newmark Group stock at a glance
NMRK Zen Score
WallStreetZen was created to help average investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on NMRK's stock page.
Is NMRK stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge NMRK's fair value.
Using relative valuations measures:
- NMRK may be undervalued based on its P/E ratio of 39.12x, relative to Real Estate Services industry P/E ratio of 40.48x
- NMRK could be undervalued based on its P/B ratio of 1.35x, relative to Real Estate Services industry P/B ratio of 2.3x
- NMRK may be undervalued based on its PEG ratio of 0.32x
You can access additional valuation research on NMRK's stock here.
NMRK Financials at a glance
Pros:
- NMRK has cash burn of 321322000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the NMRK balance sheet.
- There are more short-term assets than long-term liabilities on the NMRK balance sheet.
- Total NMRK debt is lower than 5 years ago, relative to shareholder equity.
- NMRK has $787.65M in cash and short term investments. This is sufficient to cover its annual cash burn of $321.32M.
Cons:
- NMRK profit margin has gone down from 3.1% to 1.7% in the past year.
- NMRK has a relatively high debt to equity ratio of 2.3.
Do analysts think it's a good time to buy NMRK stock
Out of 2 Equities analysts who research NMRK, the consensus analyst rating on NMRK is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Newmark Group stock forecast page.
NMRK Trading Indicators
NMRK Growth Numbers
Last year, NMRK earnings were $42.58M. In the past 5 year, NMRK's earnings have increased by -17.4% per year. This was slower than the Real Estate Services industry average of -1.46%.
Last year, NMRK revenue was $2.47B. In the past 5 year, NMRK's revenue has gone up by 3.83% per year. This was slower than the Real Estate Services industry average of 16.36%.
Learn more about NMRK's earnings and revenue performance here.
What are NMRK insiders up to?
In the past year, executives and large shareholders at NMRK have sold more shares than they have bought.
Michael J. Rispoli, Chief Financial Officer of NMRK, was the latest NMRK insider to sell. They sold $105,488.60 worth of NMRK shares on Mar 15, 2024.
Get more info about who owns NMRK stock here.
Does NMRK stock generate passive income?
Newmark Group pays a dividend of 1.23%, compared to the Real Estate Services industry's average dividend yield of 5.61%. If you owned $1,000 worth of NMRK stock, you would have received $12.27 in the past 12 months.
Newmark Group dividend payments have not consistently grown over the past 6 years and have not remained stable.
Find more info about Newmark Group dividend yield and history here.
Get analysis from other traders
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your NMRK buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, place a limit order.
Click the Open button and your broker will execute your order.
If you want more help buying 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 keep up with your new company.
Make a watchlist to get notified of the latest news about your NMRK stock.
NMRK Feed
How to Buy Stock in Newmark Group
To summarize, here are the 6 steps for buying 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 are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your investment in Newmark Group, create a watchlist today.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.