Newmark Group, Inc. (NMRK) Stock

Newmark Group, Inc. (NMRK) is a Real Estate stock trading at $15.98 (as of 2026-08-20), with a market capitalization of $4.02B and a trailing P/E of 27.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Newmark Group, Inc. provides commercial real estate services, including investor and owner services such as capital markets, agency leasing, property management, valuation and advisory, and due diligence consulting, plus occupier services such as tenant representation and related management and strategy offerings. It serves commercial real estate tenants, investors, owners, occupiers, developers, lenders, and multinational corporations.

Understand Newmark Group, Inc.: how it makes money

Newmark Group provides commercial real estate services, including capital markets and loan sales, tenant representation and leasing, property management, valuation and advisory, and real estate due diligence, it makes money primarily through service fees, commissions, and transaction-based revenues.

Earnings are driven by a blend of recurring fee businesses tied to its servicing and asset base, and transaction-driven capital markets and leasing fees that move with origination and deal activity.

Revenue by segment (latest quarter)
Capital Mkt$0.3B
Leasing & Other$0.3B
Servicing & Other$0.3B

Business quality (Mixed): Good match to the company’s revenue drivers (service fees, servicing, and transaction volumes), but the segment structure here is based on available revenue line items (some candidate categories may overlap), and only limited operating KPIs are provided.

Valuation: At 19× earnings, NMRK trades 45% below the Real Estate average (34×). Note: one-time items can distort reported P/E.

Bull case

  • Service revenue with an asset-base component: A key operating metric is the Servicing and Asset Management Portfolio Balance, which suggests management and servicing fees can be supported by the size of the portfolio.
  • Multiple ways to generate fees: The business includes fee revenues across capital markets, leasing and commissions, and servicing and other revenue streams.

Bear case

  • Exposure to transaction volumes: Operating KPIs include Signature Transaction Value and Origination Volumes, which indicates parts of revenue may fluctuate with deal activity.
  • Pass-through and servicing mix can affect reported results: The presence of Pass Through Revenues and Servicing Portfolio Generated Revenue suggests revenue composition can change, which may impact the stability of margins.
Valuation — source: SEC EDGAR (first-party)
Price$15.98
Market Cap$4.02B
P/E Ratio27.1
EV / EBITDA10.0
Price / Book2.31
Price / Sales1.12
FCF Yield19.8%
DCF Value (model)$22.51
DCF Upside vs Price40.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$3.29B
Net Margin3.8%
Revenue Growth (YoY)17.0%
EPS Growth (YoY)-8.3%
FCF Growth (YoY)-188.5%
Financial Health — source: SEC EDGAR
Altman Z-Score1.94 (grey)
Valuation vs Sector & Industry
Stock P/E27.1
Sector P/E (Real Estate)27.1
Industry P/E (Real Estate)29.8
vs Sector0.1%
vs Industry-8.9%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($358.63M)
Institutional Holders Tracked10
Company
SectorReal Estate
IndustryReal Estate
CEOBarry Gosin
Employees8,100
CountryUS
IPO Date2017-12-15

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NMRK earnings history · NMRK institutional & insider holders · NMRK KPIs & operating metrics · NMRK financials · NMRK investor presentations & press releases · NMRK SEC filings · NMRK peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.