After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Newmark Group Inc (NMRK) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.28, or 3.57%, to $8.12. The Newmark Group Inc has recorded 22,124 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Newmark Names Sharon Karaffa as President, Multifamily Debt & Structured Finance.
NMRK belongs to the Real Estate sector of the NASDAQ while operating in the Real Estate Services industry. At the end of the last regular session, the stock closed at $7.84 and fluctuated between $7.90 as its day high and $7.64 as its day low. The current market capitalization of Newmark Group Inc is $1.35B. A total of 0.86 million shares were traded on the day, compared to an average of 971.38K shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, NMRK has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 7,296 shares. Over the last 12 months, there were 1 BUYs and 4 SELLs from insiders. Insiders purchased 189,024 shares during that period but sold 490,174.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Newmark Group Inc pays an annual dividend of $0.12, resulting in a dividend yield of 1.53%, and it has a price to earnings (P/E) ratio of 90.11. NMRK’s most recent ex-dividend date was 11/21/2023 when it declared a $0.03 quarterly dividend that was paid in cash on 12/6/2023. Previously, the company paid the dividend on 8/31/2023 with an ex-dividend date of 8/16/2023. The NMRK stock dividend was $0.03 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for NMRK in the last 3 months, the mean price target is $7.00 with high estimates of $7.00 and low estimates of $7.00. In terms of 52-week highs and lows, NMRK has a high of $9.36 and a low of $5.07.
As of this writing, NMRK has an earnings estimate of $0.45 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.47 per share and a lower estimate of $0.44. The company reported an EPS of $0.18 in the last quarter, which was -14.30% lower than expectations of $0.21.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. NMRK’s latest balance sheet shows that the firm has $704.70M in Cash & Short Term Investments as of fiscal 2021. There were $2.32B in debt and $2.18B in liabilities at the time. Its Book Value Per Share was $6.89, while its Total Shareholder’s Equity was $1.69B.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NMRK is Buy with a score of 2.50.