After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Newmark Group’s Fourth Quarter and Full Year 2023 Financial Results Announcement to be Issued Prior to Market Open on Thursday, February 22, 2024.
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Stocks Info
As a NASDAQ listed company, NMRK falls under the Real Estate sector while operating within the Real Estate Services industry segment. The current market capitalization of Newmark Group Inc is $1.77B. A total of 0.91 million shares were traded on the day, compared to an average of 1.08M shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, NMRK has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 4 BUYs and 2 SELLs from insiders. Insiders purchased 214,491 shares during that period but sold 10,883.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Newmark Group Inc pays an annual dividend of $0.12, resulting in a dividend yield of 1.17%, and it has a price to earnings (P/E) ratio of 117.59. 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.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for NMRK in the last 3 months, the mean price target is $12.00 with high estimates of $13.00 and low estimates of $11.00. In terms of 52-week highs and lows, NMRK has a high of $11.23 and a low of $5.07.
As of this writing, NMRK has an earnings estimate of $0.43 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.47 per share and a lower estimate of $0.38. 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
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. NMRK’s latest balance sheet shows that the firm has $715.90M in Cash & Short Term Investments as of fiscal 2021. There were $2.40B in debt and $2.19B in liabilities at the time. Its Book Value Per Share was $6.89, while its Total Shareholder’s Equity was $1.66B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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 3.00.
