Newmark Group
(NASDAQ:NMRK)
$9.66
-0.09[-0.92%]
At close: Apr 25
$9.66
0[0.00%]
After Hours: 4:20PM EDT
Q1 2024 Earnings in 8 days from now on Fri May 3rd, before the market open
Conference call scheduled in 8 days at 10:00 AM Click to view the webcast
Consensus Rating1
Market Perform
Highest Price Target1
$13.00
Lowest Price Target1
$11.25
Consensus Price Target1
$10.29

Newmark Group Stock (NASDAQ:NMRK), Analyst Ratings, Price Targets, Predictions

Newmark Group Inc has a consensus price target of $10.29, established from looking at the 27 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, Keefe, Bruyette & Woods, and Piper Sandler on March 26, 2024, February 26, 2024, and December 20, 2023. With an average price target of $12.42 between Piper Sandler, Keefe, Bruyette & Woods, and Piper Sandler, there's an implied 28.54% upside for Newmark Group Inc from these 3 analyst ratings.

Analyst Trend
1
Dec 23
1
Feb
1
Mar
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
1.6
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Keefe, Bruyette & Woods
Raymond James
Goldman Sachs
Piper Sandler

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Newmark Group

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
03/26/2024NMRKBuy Now
Newmark Group
$9.6634.58%Piper Sandler
Alexander Goldfarb
$13 → $13MaintainsOverweightGet Alert
02/26/2024NMRKBuy Now
Newmark Group
$9.6616.46%Keefe, Bruyette & Woods
Jade Rahmani
$11 → $11.25MaintainsMarket PerformGet Alert
12/20/2023NMRKBuy Now
Newmark Group
$9.6634.58%Piper Sandler
Alexander Goldfarb
$7 → $13UpgradeNeutral → OverweightGet Alert
10/04/2023NMRKBuy Now
Newmark Group
$9.66Raymond James
Patrick O'Shaughnessy
DowngradeOutperform → Market PerformGet Alert
05/09/2023NMRKBuy Now
Newmark Group
$9.66-43.06%Goldman Sachs
Chandni Luthra
$6.25 → $5.5MaintainsSellGet Alert
05/08/2023NMRKBuy Now
Newmark Group
$9.66-32.71%Piper Sandler
Alexander Goldfarb
$9 → $6.5MaintainsNeutralGet Alert
05/08/2023NMRKBuy Now
Newmark Group
$9.66-27.54%Keefe, Bruyette & Woods
Jade Rahmani
$8 → $7MaintainsMarket PerformGet Alert
05/08/2023NMRKBuy Now
Newmark Group
$9.66-17.18%Raymond James
Patrick O'Shaughnessy
$10 → $8MaintainsOutperformGet Alert
04/24/2023NMRKBuy Now
Newmark Group
$9.66-17.18%Keefe, Bruyette & Woods
Jade Rahmani
$9 → $8MaintainsMarket PerformGet Alert
04/11/2023NMRKBuy Now
Newmark Group
$9.66-35.3%Goldman Sachs
Chandni Luthra
$9 → $6.25MaintainsSellGet Alert
04/10/2023NMRKBuy Now
Newmark Group
$9.66-35.3%Goldman Sachs
Chandni Luthra
$9 → $6.25MaintainsSellGet Alert
02/17/2023NMRKBuy Now
Newmark Group
$9.66-6.83%Goldman Sachs
Chandni Luthra
$8 → $9MaintainsSellGet Alert
01/20/2023NMRKBuy Now
Newmark Group
$9.663.52%Raymond James
Patrick O'Shaughnessy
$13 → $10MaintainsOutperformGet Alert
12/12/2022NMRKBuy Now
Newmark Group
$9.66-17.18%Goldman Sachs
Chandni Luthra
$9 → $8DowngradeNeutral → SellGet Alert
11/08/2022NMRKBuy Now
Newmark Group
$9.66-6.83%Goldman Sachs
Chandni Luthra
$10.25 → $9MaintainsNeutralGet Alert
10/31/2022NMRKBuy Now
Newmark Group
$9.6634.58%Raymond James
Patrick O'Shaughnessy
$15 → $13MaintainsOutperformGet Alert
10/20/2022NMRKBuy Now
Newmark Group
$9.6655.28%Raymond James
Patrick O'Shaughnessy
$16 → $15MaintainsOutperformGet Alert
10/19/2022NMRKBuy Now
Newmark Group
$9.666.11%Goldman Sachs
Chandni Luthra
$13.25 → $10.25MaintainsNeutralGet Alert
10/07/2022NMRKBuy Now
Newmark Group
$9.663.52%Piper Sandler
Alexander Goldfarb
$12 → $10MaintainsNeutralGet Alert

FAQ

Q

What is the target price for Newmark Group (NMRK)?

A

The latest price target for Newmark Group (NASDAQ: NMRK) was reported by Piper Sandler on March 26, 2024. The analyst firm set a price target for $13.00 expecting NMRK to rise to within 12 months (a possible 34.58% upside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Newmark Group (NMRK)?

A

The latest analyst rating for Newmark Group (NASDAQ: NMRK) was provided by Piper Sandler, and Newmark Group maintained their overweight rating.

Q

When was the last upgrade for Newmark Group (NMRK)?

A

The last upgrade for Newmark Group Inc happened on December 20, 2023 when Piper Sandler raised their price target to $13. Piper Sandler previously had a neutral for Newmark Group Inc.

Q

When was the last downgrade for Newmark Group (NMRK)?

A

The last downgrade for Newmark Group Inc happened on October 4, 2023 when Raymond James changed their price target from N/A to N/A for Newmark Group Inc.

Q

When is the next analyst rating going to be posted or updated for Newmark Group (NMRK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Newmark Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Newmark Group was filed on March 26, 2024 so you should expect the next rating to be made available sometime around March 26, 2025.

Q

Is the Analyst Rating Newmark Group (NMRK) correct?

A

While ratings are subjective and will change, the latest Newmark Group (NMRK) rating was a maintained with a price target of $13.00 to $13.00. The current price Newmark Group (NMRK) is trading at is $9.66, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch