Newmark Group Inc (NASDAQ:NMRK) shares, rose in value on Friday, March 28, with the stock price down by -2.96% to the previous day’s close as strong demand from buyers drove the stock to $12.11.
Actively observing the price movement in the last trading, the stock closed the session at $12.48, falling within a range of $12.055 and $12.5715. The value of beta (5-year monthly) was 1.966 whereas the PE ratio was 34.62 over 12-month period. Referring to stock’s 52-week performance, its high was $16.10, and the low was $9.44. On the whole, NMRK has fluctuated by -15.43% over the past month.
With the market capitalization of Newmark Group Inc currently standing at about $2.19 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-13. The company’s Forward Dividend Ratio is 0.12, with its dividend yield at 0.99%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.04B, with a low estimate of 586.7M and a high estimate of 632.91M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 609.28M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NMRK’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.38, with the price of NMRK currently trading nearly -5.53% and -10.51% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.71, while the 7-day volatility ratio is showing 2.66% which for the 30-day chart, stands at 3.73%. Furthermore, Newmark Group Inc (NMRK)’s beta value is 1.68, and its average true range (ATR) is 0.47.
A comparison of Newmark Group Inc (NMRK) with its peers suggests the former has fared considerably weaker in the market. NMRK showed an intraday change of -2.96% in last session, and over the past year, it grew by 11.10%%.
Data on historical trading for Newmark Group Inc (NASDAQ:NMRK) indicates that the trading volumes over the past 10 days have averaged 0.99 and over the past 3 months, they’ve averaged 979.17K. According to company’s latest data on outstanding shares, there are 149.51 million shares outstanding.
Nearly 21.61% of Newmark Group Inc’s shares belong to company insiders and institutional investors own 59.55% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.09 million shares as on 2025-03-14, resulting in a short ratio of 4.73. According to the data, the short interest in Newmark Group Inc (NMRK) stood at 690.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 5.04 million. The stock has fallen by -5.46% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NMRK stock heading into the next quarter.
