Newmark Group Inc (NMRK) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Newmark Group Reports Fourth Quarter and Full Year 2023 Financial Results.

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Stocks Info

Newmark Group Inc is listed on the NASDAQ in the Real Estate sector while operating in the Real Estate Services industry. The current market capitalization of Newmark Group Inc is $1.88B. A total of 3.02 million shares were traded on the day, compared to an average of 1.01M shares.

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. 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

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Newmark Group Inc pays an annual dividend of $0.12, resulting in a dividend yield of 1.10%, and it has a price to earnings (P/E) ratio of 124.94. 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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. 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 $0.47 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.49 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

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. 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

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. 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.

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