According to Zacks, “Newmark Group, Inc. operates as a commercial real estate advisory firm. The Company offers services and products which includes investment sales, debt and structured finance and loan sales, agency leasing, property management, valuation and advisory and loan servicing. Newmark Group, Inc. is based in New York, United States. “
NMRK stock opened at $9.76 on Wednesday. Newmark Group has a 12-month low of $7.02 and a 12-month high of $14.68. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60. The stock has a market cap of $1.72 billion, a P/E ratio of 6.42, a price-to-earnings-growth ratio of 0.70 and a beta of 1.17. The business has a 50 day moving average of $8.72.
In related news, CEO Barry M. Gosin bought 561,084 shares of the business’s stock in a transaction on Tuesday, May 14th. The stock was bought at an average price of $7.71 per share, for a total transaction of $4,325,957.64. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 90.95% of the stock is owned by corporate insiders.
Newmark Group Company Profile
Newmark Group, Inc provides commercial real estate services in the United States and internationally. Its investor/owner services and products include capital markets, such as investment sales; and agency leasing, property management, valuation and advisory, and diligence and underwriting, as well as government sponsored enterprise lending, loan servicing, debt and structured finance, and loan sales under the Newmark Knight Frank name.
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