Newmark Group, Inc. provides commercial real estate services in the United States. Its investor/owner services and products include capital markets, which consist of investment sales, debt and structured finance and loan sales, agency leasing, property management, valuation and advisory, and loan servicing; and diligence and underwriting and government sponsored entity lending. The company’s occupier services and products comprise tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration, and facilities management. It serves occupiers/real estate tenants, owners/landlords, and developers of real estate in the United States; and corporations and institutional investors internationally. The company was founded in 1929 and is based in New York, New York. Newmark Group, Inc. is a subsidiary of BGC Partners, Inc.
NMRK Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Newmark Group Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Newmark Group Inc ranked in the 16th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 80.17%. As for the metrics that stood out in our discounted cash flow analysis of Newmark Group Inc, consider:
The company's compound free cash flow growth rate over the past 2.15 years comes in at -0.42%; that's greater than merely 2.6% of US stocks we're applying DCF forecasting to.
37% of the company's capital comes from equity, which is greater than only 19.73% of stocks in our cash flow based forecasting set.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than merely 12.11% of stocks in its sector (Real Estate).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Newmark Group Inc? See BXP, PK, PSTL, STWD, and BDN.
Back in September 2017, I picked seven beaten-down stocks to buy. I did so after reading a blog post from Ben Carlson, one of the best financial bloggers in the country. The problem with selecting beaten-down or penny stocks to buy is that they often come with a lot of baggage. Baggage that's not necessarily going to disappear overnight. "When dumpster diving for beaten-down shares, you must be able to understand how far divorced fundamentals have become from investor expectations," Carlson wrote in 2017. "While there were bargains galore in early 2009, late 2011 and even early 2016, if you want to find value in these markets, you have to go dumpster diving."InvestorPlace - Stock Market News, Stock Advice & Trading TipsWell, of the seven stocks on my list, only one, Kroger (NYSE:KR), is...
Newmark Group, Inc. (NASDAQ: NMRK) ("Newmark", or the "Company"), a leading full-service commercial real estate services business, today announced that its Chief Executive Officer, Barry M. Gosin, and its Chief Strategy Officer and Head of Multifamily Capital Markets, Jeff Day, are scheduled to participate in Keefe, Bruyette, and Woods' Real Estate Finance and Technology Conference on May 28, 2020.
At this time, I would like to welcome everyone to the Newmark First Quarter 2020 Earnings Conference Call. Due to the extraordinary impact of the ongoing pandemic, we created a supplemental COVID-19 slide deck, which illustrates Newmark's response to the crisis and it can be found on our Investor Relations website at ir.ngkf.com.