Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Newmark Group, Inc.

NMRKNASDAQ
Wall Street Score · overall investment54/100
$12.06USD+$0.58 (+5.05%)
Company website nmrk.com
Headquarters125 Park Avenue, New York City, NY, 10017, US
Financial statement currencyUSD · no FX conversion applied
Real Estate · Real Estate - Services
Price updated todayFinancials updated Oct 8, 2026

NMRK · Price history

Price at last available close

$12.06

−$0.41 (-3.29%) 1M

2026-10-28

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Company & revenue

About Newmark Group, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

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.

How they make money

Newmark generates revenue primarily through commissions and fees earned from providing commercial real estate advisory and brokerage services. The company earns fees from capital markets transactions, leasing services, property management, and valuation services provided to institutional investors, global corporations, and other real estate owners and occupiers.

Products & services

Newmark provides a comprehensive suite of commercial real estate services including investment sales, debt and equity financing, leasing, property management, valuation, and advisory services.

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

UNITED STATESUSD 2.87B86.1%

Period ended 2025-12-31Source

UNITED KINGDOMUSD 234.83M7.0%

Period ended 2025-12-31Source

Other Geographical AreasUSD 187.20M5.6%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Customer types

  • Institutional investorsSource
  • Global corporationsSource
  • Commercial real estate owners and occupiersSource

Customer concentration

The company's top 10 clients accounted for approximately 9.1% of total revenue on a consolidated basis for the year ended December 31, 2025.

Suppliers, materials & equipment

No supplier relationships were confirmed in the sources reviewed. This does not mean the company has no suppliers.

Competitors

  • CBRE Group, Inc. — A global commercial real estate services and investment firm that competes across Newmark's primary service lines.Source
  • Jones Lang LaSalle Incorporated (JLL) — A professional services firm specializing in real estate and investment management that competes with Newmark globally.Source
  • Cushman & Wakefield plc — A global real estate services firm providing a similar range of brokerage and advisory services.Source

Strengths

  • Diversified revenue streams across service lines and geographiesSource
  • Strong market position in commercial real estate advisorySource

Risks

  • Sensitivity to commercial real estate market cycles and economic conditionsSource
  • Intense competition from firms with greater financial and operational resourcesSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

54

Fair

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

48

Weak

Financial Strength

59

Business Quality / Moat

31

Management

42

Growth Quality

46

Risk / Durability

76

Cheap for a Reason · Review the Risks

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

70

Fair

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

68/100

Building Historical Record

Model Score 68/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.

At today’s price, the WSS valuation framework currently reads as relatively attractive.

The model outlook is currently moderate.

What we like
  • •Valuation scores attractively
  • •Recent buyback activity is present
What to watch
  • •Material dilution — approximately 42.6% share-count growth
  • •M&A headline · Sep 18, 2026
  • •M&A headline · Sep 1, 2026
  • •Revenue fundamentals are weak

Company-specific research

Questions worth answering for NMRK

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can NMRK maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is NMRK's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is NMRK's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •Is NMRK's valuation discount tied to a temporary concern or to a longer-term business risk?
⚠ 4 warningsView warning details
M&A headline · Sep 18, 2026Material dilution — approximately 42.6% share-count growthM&A headline · Sep 18, 2026M&A headline · Sep 18, 2026M&A headline · Sep 1, 2026
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

54

0–100 · Fair

Opportunity Score

70

0–100 · Strong

Market Cap

$1.93B

P/E Ratio

14.7

EPS

$0.83

52-Week High

$19.84

52-Week Low

$11.90

Beta

1.76

Intrinsic Value

$19.06

Analyst Target

$20.00

Shares Outstanding

253.4M

Total Revenue

$3.61B

Total Debt

$2.17B

Dividend Yield (TTM)

1.49%

View dividend history

Liquidation Value / Share

$6.90

Estimated net asset value per share

Dividend / Share (TTM)

$0.18

Trailing 12 months by ex-date; not a forecast

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
41/ 100
+21 pts / 5d

Weakening momentum

5D +5.1% · 20D -1.6% · RSI 44 · Price vs 20D avg +1.0%
Volatility
36/ 100
+6 pts / 5d

Normal movement

20D realized vol 42.2% · 60D 41.3% · Acceleration 1.02x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for NMRK

Detected from reported data — verify before acting.

Material dilution — approximately 42.6% share-count growth

Diluted shares outstanding grew ~42.6% year-over-year. Substantial dilution reduces per-share value and can signal financing stress. Wall Street Score is capped.

Dividend history reported

Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

M&A headline · Sep 18, 2026

Newmark Arranges Financing for Related Ross' Acquisition of Landmark 1.7 MSF Boca Raton Innovation Campus — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

GuruFocus

M&A headline · Sep 18, 2026

Newmark Arranges Financing for Related Ross' Acquisition of Landmark 1.7 MSF Boca Raton Innovation Campus — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

GuruFocus

M&A headline · Sep 18, 2026

Newmark Arranges Financing for Related Ross' Acquisition of Landmark 1.7 MSF Boca Raton Innovation Campus — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

PRNewsWire

M&A headline · Sep 1, 2026

Newmark Closes Acquisition of Altus Group's Development Advisory Business — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

PRNewsWire

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on NMRK.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Diversified revenue streams across service lines and geographies.
  • +Strong market position in commercial real estate advisory.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Real Estate - Services industry.
  • −Sensitivity to commercial real estate market cycles and economic conditions.
  • −Intense competition from firms with greater financial and operational resources.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Fair54/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Fair

54

Tap for breakdown →

Fair

69

Debt Cost1.6%
Debt Reduction YoY1.1%
Debt / Equity1.37x

Tap for breakdown →

Weak

49

Revenue YoY8.0%
Revenue CAGR16.2%
Net Margin4.1%

Tap for breakdown →

Fair

65

Asset Growth YoY6.6%
Liquidation/Share$6.90
Net Assets/MCap1.58x

Tap for breakdown →

Elite

91

Earnings Yield7.8%
Buyback Yield8.8%
Debt Cost1.6%

Tap for breakdown →

Weak

42

ROIC5.4%
ROE10.2%
ROA2.9%

Tap for breakdown →

Poor

31

EPS Growth31.7%
FCF/Share Growth-30.3%
Rev/Share Growth1.2%

Tap for breakdown →

Elite

90

Intrinsic Value$19.06
Value Reference$11.43
MOS39.8%

Tap for breakdown →

Fair

57

Revenue49
Moat31
Valuation90

Tap for breakdown →

Elite

90

MOS %39.8%
Value Reference$11.43
Deep Discount Reference$7.62

Tap for breakdown →

Poor

25

Interest Coverage7.2x
ROIC5.4%
FCF Yield7.5%

Tap for breakdown →

Weak

44

Financial25
Valuation90
Debt69

Tap for breakdown →

Weak

41

Survival Years0.1 yrs
Current Ratio2.25x
FCF Margin4.3%

Tap for breakdown →

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Score Changes

3 historical score records available

Previous Score

53

Oct 1, 2026

Change

+0.3

points

Current Score

54

Oct 8, 2026

Category Changes

Revenue+0.3
Debt0
Assets0
Capital0
Management0
Moat0
Valuation+1.0
Buffett+0.1

NMRK increased 0.3 points because overall fundamentals improved.

Projected Score

Projected Score

53

Projected Change

-0.6 points

Preliminary comparable-period financial changes suggest decline of approximately 0.6 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Undervalued

Current Price

$12.06

Model Intrinsic Value

$19.06

Difference

−$7.00

-36.7% vs IV

Margin of Safety

36.7%

UndervaluedFair ValueOvervalued
Value Reference: $11.43
Deep Discount Reference: $7.62

Financial Charts

Revenue

20152016201720182019202020212022202320242025$0$850M$1.7B$2.5B$3.4B

Additional Metrics

Operating Cash Flow

201520172019202120232025-$1.2B-$600M$0$600M$1.2B

Total Debt

201520172019202120232025$0$650M$1.3B$1.9B$2.6B

Total Assets

201520172019202120232025$0$1.5B$3.0B$4.5B$6.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$3.61B$3.34B$2.74B$2.47B····························
Cost of Revenue$139.1M$181.3M$0.00$0.00····························
Gross Profit$3.47B$3.16B$2.74B$2.47B····························
Research & Development$2.0M$0.00$7.9M$2.9M····························
SG&A Expenses$1.32B$658.9M$2.41B$2.19B····························
Operating Expenses$3.19B$2.92B$2.58B$2.35B····························
EBITDA$495.7M$415.3M$337.3M$291.4M····························
Operating Income$276.1M$234.0M$163.0M$125.2M····························
Interest Expense$64.3M$32.5M$31.8M$21.7M····························
Income Before Tax$246.8M$201.5M$131.3M$103.5M····························
Income Tax Expense$64.9M$46.1M$45.8M$41.1M····························
Net Income$148.3M$126.2M$61.2M$42.6M····························
Basic EPS$0.83$0.71$0.36$0.25····························
Basic Shares181M178M172M173M····························
Diluted Shares254M253M178M176M····························
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026

Revenue

$888.4M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$0.10

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-21.0%

Cash Change

+32.6%

Margin Change

-0.5 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Cash position grew
  • Debt reduced

What Weakened

  • Margins contracted

Potential Score Impact

Positive indicators included revenue growth, cash levels, debt levels. Pressure indicators included EPS growth, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 17.0%. EPS declined 9.1%. Cash increased 32.6%. Total debt declined 21.0%. Net income margin declined by 0.5 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 121 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Log in to view dividend history.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

3 historical records
Jul 24, 26Oct 1, 26Oct 8, 260255075100

Historical Score Chart

3 of 3 records shown

Wall Street Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Intrinsic Value

Jul 24, 26Oct 1, 26Oct 8, 26$16.00$16.80$17.60$18.40$19.20

Value Reference

Jul 24, 26Oct 1, 26Oct 8, 26$9.50$10.00$10.50$11.00$11.50

Margin of Safety %

Jul 24, 26Oct 1, 26Oct 8, 260.1%0.1%0.2%0.3%0.4%

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News

Rumor Mill · NMRK

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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