Newmark Group

Newmark Group Inc. engages in the provision of commercial real estate services. It offers its services to commercial real estate tenants, investors, owners, occupiers, developers, leasing and corporate advisory, investment sales and real estate finance, consulting, origination and servicing of commercial mortgage loans, valuation, project and development management and property and facility management. The company was founded in 1929 and is headquartered in New York, NY.

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Newmark Group reports robust Q4 earnings, eyes growth opportunities

Newmark Group's Q4 2022 earnings call highlighted strong financial performance, strategic initiatives for growth, and proactive measures to address challenges. The company's leadership expressed confidence in the future outlook, emphasizing a focus on talent acquisition and market opportunities.

Newmark Group reports Q1 2023 results, focuses on global expansion

Newmark Group's Q1 2023 performance reflected short-term financial pressures from investments made for future growth, with a focus on talent acquisition and global expansion.
Despite challenges in total revenues and adjusted EBITDA, the company's strategic acquisitions and investments signal long-term growth potential and market resilience.
Opportunities lie in revenue diversification, sector-specific growth prospects, and transparent communication to enhance investor confidence and market positioning.
Navigating evolving capital markets and addressing analyst inquiries demonstrate Newmark's proactive approach towards market dynamics and strategic growth initiatives.

Newmark Group (NMRK) reports robust Q2 earnings, eyes post-pandemic growth

Newmark Group's Q2 2023 earnings call showcased strong financial performance, strategic positioning in the real estate market, and confidence in future growth. Challenges include market uncertainties and margin considerations, but opportunities for expansion and revenue growth are on the horizon.

Newmark Group excels in Q3, poised for industry outperformance

Newmark Group's Q3 2023 earnings call highlighted strong financial performance, market share gains, and growth prospects. The company's leadership expressed confidence in its ability to outperform the industry and navigate challenges effectively. With a focus on growth opportunities and strategic positioning, Newmark Group aims to sustain its positive momentum.

Newmark Group reports strong Q4 earnings, eyes growth opportunities

Newmark Group's Q4 2023 earnings call showcased robust financial performance, strong cash position, and strategic growth initiatives. While facing challenges in market uncertainties and talent recruitment, the company is well-positioned to leverage opportunities for revenue growth and market expansion in 2024.

Newmark Group reports Q1 revenue growth, eyes capital market leadership

Newmark Group showcased solid revenue growth driven by capital markets and management services.
While facing challenges in leasing revenues, the company remains focused on cost savings and growth.
Strategic initiatives and a strong financial position position Newmark well for future opportunities.
Expectations of continued earnings improvement signal a positive outlook for the company.

Newmark Group excels in Q2 2024 with strong revenue growth

Newmark Group's Q2 2024 performance showcased robust revenue growth, effective expense management, and strategic investments in key sectors. While facing challenges in expense control and debt management, the company's focus on opportunities in multifamily and debt business positions it for sustained growth. Share repurchases and optimistic outlook signal confidence in Newmark's future prospects.

Newmark Group reports robust Q3 earnings and eyes European expansion

Newmark Group's Q3 2024 earnings call showcased strong financial performance, with revenue, adjusted EPS, and EBITDA all experiencing significant growth. The company's focus on strategic growth in Europe, share buyback program, and guidance for continued revenue and earnings growth underscore its commitment to delivering value to shareholders. While facing challenges in managing expenses, Newmark Group remains well-positioned to capitalize on opportunities in the real estate market.

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Newmark Group, Inc. engages in the provision of commercial real estate services. It offers its services to commercial real estate tenants, investors, owners, occupiers, developers, leasing and corporate advisory, investment sales and real estate finance, consulting, origination and servicing of commercial mortgage loans, valuation, project and development management and property and facility management. The company was founded in 1929 and is headquartered in New York, NY.

Newmark Group (NMRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Newmark Group (NMRK) Q3 Earnings Expected to Decline

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , Oct. 3, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced the details of its third quarter 2023 financial results press release and conference call.

Newmark Group's Third Quarter 2023 Financial Results Announcement to be Issued Prior to Market Open on Wednesday, November 1, 2023

Newmark Group has executed on a number of significant hires in recent months. NMRK has made the right moves to grow the company's recurring revenue streams. Newmark Group continues to warrant a Buy rating in view of recent positive developments.

Newmark Group: Spotlight On Positive Developments

Boston Properties

WeWork

This year's commercial real estate market is in a tough spot. High interest rates and remote work's newfound permanence in corporate culture combine to make commercial real estate a tough sell.

3 Ways to Profit from 2023's Turbulent Commercial Real Estate Market

NewliticQuest offers accelerated insights to inform strategy, optimization and planning NEW YORK , Sept. 19, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the launch of NewliticQuest.

Newmark Launches NewliticQuest, an Advanced Analytics Solution to Empower Corporate Portfolio Real Estate Decisions

Public Storage Acquired Simply Self Storage from Blackstone Real Estate Income Trust, Inc. NEW YORK , Sept. 15, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it served as the Co-Lead Advisor to Blackstone Real Estate Income Trust, Inc. ("BREIT") on its sale of Simply Self Storage ("Simply") to Public Storage for $2.2 billion.

Newmark Advised Blackstone Real Estate Income Trust, Inc. on the $2.2 Billion Sale of Simply Self Storage

The Federal Deposit Insurance Corp. on Tuesday announced details of a planned sale of seized assets from New York's collapsed Signature Bank.

FDIC kicks off $33 billion sale of seized assets from Signature Bank

Hancock Whitney Corp.

NEW YORK , Sept. 5, 2023 /PRNewswire/ -- Newmark announces that its Global Corporate Services (GCS) division has been awarded a long-term renewal with Hancock Whitney Bank, further extending the more than decade-long client service contract and relationship.

Newmark Secures Global Corporate Services Contract Renewal with Hancock Whitney Bank

Amid booming data center demand, Newmark Group (NMRK) launches the Data Center and Digital Infrastructure practice group. The move broadens its Capital Markets services.

Newmark (NMRK) Expands Capital Markets Services With New Launch

Industry Veteran Brent Mayo is Latest to Join the Industry-Leading Capital Markets Group NEW YORK , Aug. 16, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the expansion of its Capital Markets services with the launch of the Data Center and Digital Infrastructure practice group, further expanding its expertise in alternative assets. In tandem, Newmark has hired Brent Mayo as Executive Managing Director to anchor the practice group.

Newmark Launches Data Center and Digital Infrastructure Capital Markets Business, Attracts Top Talent

NEW YORK , Aug. 15, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced that it has entered into a Delayed Draw Term Loan Credit Agreement (the "Credit Agreement") to repay the principal and interest related to all or a portion of the Company's $550 million 6.125% Senior Notes due November 15, 2023 (the "Senior Notes"). "This new Credit Agreement, together with the $300 million to $350 million of cash we expect to generate from our business1 this year and Newmark's $600 million revolving credit facility, provide sufficient capital to refinance our Senior Notes and continue to invest in growing our business", said the Company's Chief Financial Officer, Michael Rispoli.

Newmark Closes $420 Million Senior Unsecured Delayed Draw Term Loan to Repay Senior Notes

NEW YORK , Aug. 14, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers announces the firm has recently raised $500 million from an institutional investor on behalf of Envision Cold (Envision) to capitalize a new cold storage operating and development company. The investment allows Envision to acquire and develop over $1.5 billion of cold storage assets.

Newmark Secures $500M Investment on Behalf of Cold Storage Company, Envision

Newmark Group, Inc. (NASDAQ:NMRK ) Q2 2023 Earnings Conference Call July 28, 2023 10:00 AM ET Company Participants Jason McGruder - Head of IR Barry Gosin - CEO Mike Rispoli - CFO Conference Call Participants Jason Sabshon - KBW Alexander Goldfarb - Piper Sandler Patrick O'Shaughnessy - Raymond James Operator Good day, and welcome to the Newmark Second Quarter 2023 Earnings Call. Today's conference is being recorded.

Newmark Group, Inc. (NMRK) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Newmark Group (NMRK) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Newmark Group (NMRK) Q2 Earnings

Newmark Group (NMRK) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.46 per share a year ago.

Newmark Group (NMRK) Misses Q2 Earnings Estimates

Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today NEW YORK , July 28, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, today reported its financial results for the quarter ended June 30, 2023.

Newmark Group Reports Second Quarter 2023 Financial Results

One potential catalyst for NMRK is the initiation of share buybacks in time to come, which is likely considering Newmark Group's valuations and its balance sheet strength. The other key catalyst for Newmark Group is the company continuing with countercyclical investments that position it for an eventual recovery in the commercial property market. I expect potential share buybacks and countercyclical investments to act as re-rating catalysts for Newmark Group, and this explains my Buy rating for NMRK.

Newmark Group: Watch Out For Potential Catalysts (Rating Upgrade)

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , July 10, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading adviser and service provider to large institutional investors, global corporations, and other owners and occupiers of commercial real estate, today announced the details of its second quarter 2023 financial results press release and conference call.

Newmark Group's Second Quarter 2023 Financial Results Announcement to be Issued Prior to Market Open on Friday, July 28, 2023

Anglogold Ashanti Plc

AU, AVBH and NMRK have been added to the Zacks Rank #5 (Strong Sell) List on June 30, 2023.

New Strong Sell Stocks for June 30th

Freddie Mac Continues Financing Support for Workforce Housing in Historic Rental Community LOS ANGELES, June 26, 2023 /PRNewswire/ -- Newmark1 Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading adviser and service provider to large institutional investors, global corporations, and other owners and occupiers of commercial real estate announces it has secured a $947 million loan for Los Angeles' historic Park La Brea, the largest apartment community on the West Coast. Newmark sourced financing on behalf of repeat borrower Prime Residential ("Prime") to retire existing debt.

Newmark Secures $947 Million Loan for Park La Brea Apartments in Los Angeles, California

NEW YORK , May 19, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading adviser and service provider to large institutional investors, global corporations and other owners and occupiers of commercial real estate, announces the addition of Norm Taylor as Country Head and President for Canada. A top-performing industry veteran with nearly 30 years of experience in sales, leasing, finance and executive leadership, Taylor will be based in Vancouver, British Columbia, and report to Kevin McCabe , President, Western Region.

Newmark Hires Norm Taylor as President for Canada

Panel webcast scheduled for 10:00 a.m. ET on May 24, 2023 NEW YORK , May 19, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading adviser and service provider to large institutional investors, global corporations, and other owners and occupiers of commercial real estate, today announced that Jeff Day, the Company's Chief Strategy Officer and President, Head of Multifamily Capital Markets will participate in a panel at the 2023 KBW Virtual Real Estate Finance & Technology Conference.

Newmark Group to Participate in the KBW Virtual Real Estate Finance & Technology Conference

Newmark Group, Inc. (NASDAQ:NMRK ) Q1 2023 Earnings Conference Call May 5, 2023 10:00 AM ET Company Participants Jason McGruder - Head of Investor Relations Barry Gosin - Chief Executive Officer Mike Rispoli - Chief Financial Officer Jeff Day - Chief Strategy Officer Lou Alvarado - Chief Revenue Officer Conference Call Participants Chandni Luthra - Goldman Sachs Jade Rahmani - Keefe, Bruyette & Woods Alexander Goldfarb - Piper Sandler Patrick O'Shaughnessy - Raymond James Operator Good day, and welcome to the Newmark First Quarter 2023 Earnings Call. Today's conference is being recorded.

Newmark Group, Inc. (NMRK) Q1 2023 Earnings Call Transcript

Newmark is a leading full-service commercial real estate services company offering a wide range of integrated services and products to meet all the needs of real estate investors/owners and occupants. I assumed that management will continue to reinforce its position as a leading commercial real estate services company in the United States through national branding and corporate marketing.

Newmark: Undervalued Even Considering The 2023 Guidance

Newmark Group (NMRK) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.36 per share a year ago.

News for Newmark Group Stock (NMRK)