newmark grubb knight frank is one of the world’s leading commercial real estate advisory firms. operating from more than 370 offices on six continents, newmark grubb knight frank serves the property needs of tenants, owners, investors and developers worldwide. newmark grubb knight frank provides a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe, as well as to owners and users of real estate on a local, regional and national level. with services including leasing advisory, global corporate services, investment sales and capital markets services, property and facilities management, program and project management, consulting and valuation services, we offer comprehensive real estate solutions supporting the business objectives of our clients.
Company profile
Ticker
NMRK
Exchange
Website
CEO
Barry M. Gosin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NRE DELAWARE, INC.
SEC CIK
Corporate docs
Subsidiaries
1 FLAXSEED LDN LTD • 1 SAWMILL LDN LTD • 10 FLORA LDN LTD • 100 WASP LDN LIMITED • 1015 SECOND AVENUE SEATTLE, LLC • 110 HERO HELIPAD LDN LIMITED • 1200 PONCE de LEON FLOOR 12, LLC • 1200 PONCE de LEON FLOOR 16, LLC • 1200 PONCE de LEON FLOOR 8, LLC • 12710 RESEARCH ...
NMRK stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
29 Feb 24
8-K
Newmark Reports Fourth Quarter and Full Year 2023 Financial Results 1
22 Feb 24
8-K
Newmark Completes Offering of $600 Million of 7.500% Senior Notes
12 Jan 24
8-K
Newmark Group Announces Offering of Senior Notes
5 Jan 24
8-K
Entry into a Material Definitive Agreement
21 Dec 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Newmark Reports Third Quarter 2023 Financial Results 1
1 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
10 Oct 23
S-8
Registration of securities for employees
28 Aug 23
ARS
2022 FY
Annual report to shareholders
18 Aug 23
Transcripts
NMRK
Earnings call transcript
2023 Q4
22 Feb 24
NMRK
Earnings call transcript
2023 Q3
1 Nov 23
NMRK
Earnings call transcript
2023 Q2
28 Jul 23
NMRK
Earnings call transcript
2023 Q1
5 May 23
NMRK
Earnings call transcript
2022 Q4
16 Feb 23
NMRK
Earnings call transcript
2022 Q3
28 Oct 22
NMRK
Earnings call transcript
2022 Q2
29 Jul 22
NMRK
Earnings call transcript
2022 Q1
29 Apr 22
NMRK
Earnings call transcript
2021 Q4
11 Feb 22
NMRK
Earnings call transcript
2021 Q3
5 Nov 21
Latest ownership filings
4
Michael J. Rispoli
15 Mar 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
BlackRock Inc.
26 Jan 24
4
HOWARD W LUTNICK
4 Jan 24
4
STEPHEN M MERKEL
3 Jan 24
4
HOWARD W LUTNICK
2 Jan 24
4
Barry M Gosin
2 Jan 24
13F-HR
Quarterly holdings report by institutional manager
14 Nov 23
4
Michael J. Rispoli
17 Oct 23
4
Jay Itzkowitz
10 Oct 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 233.28 mm | 233.28 mm | 233.28 mm | 233.28 mm | 233.28 mm | 233.28 mm |
Cash burn (monthly) | 6.14 mm | 6.19 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 40.90 mm | 41.20 mm | n/a | n/a | n/a | n/a |
Cash remaining | 192.37 mm | 192.07 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 31.3 | 31.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
93.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 196 |
Opened positions | 27 |
Closed positions | 20 |
Increased positions | 69 |
Reduced positions | 50 |
13F shares | Current |
---|---|
Total value | 603.20 bn |
Total shares | 141.15 mm |
Total puts | 6.20 k |
Total calls | 14.60 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
BGC BGC | 46.06 mm | $429.28 mm |
Vanguard | 20.30 mm | $130.54 bn |
BLK Blackrock | 9.69 mm | $62.33 bn |
Dimensional Fund Advisors | 5.65 mm | $36.33 bn |
Empyrean Capital Partners | 4.36 mm | $28.04 bn |
River Road Asset Management | 4.04 mm | $25.97 bn |
Cardinal Capital Management | 3.77 mm | $24.26 bn |
FMR | 3.66 mm | $23.52 bn |
STT State Street | 3.05 mm | $19.60 bn |
Geode Capital Management | 3.02 mm | $19.44 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Michael J. Rispoli | Class A Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 10.57 | 9,980 | 105.49 k | 758,650 |
2 Jan 24 | Howard W Lutnick | Class A Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 617,262 | 0.00 | 896,987 |
2 Jan 24 | Stephen M Merkel | Class A Common Stock, par value $0.01 per share | Sell | Dispose S | No | No | 0 | 35,006 | 0.00 | 4,461 |
31 Dec 23 | Barry M Gosin | Newmark Holdings Exchangeable Limited Partnership Units Class A common stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 176,804 | 0.00 | 795,376 |
29 Dec 23 | Howard W Lutnick | Class A Common Stock, par value $0.01 per share | Gift | Dispose G | Yes | No | 0 | 91,241 | 0.00 | 7,612,678 |
News
Piper Sandler Maintains Overweight on Newmark Group, Maintains $13 Price Target
26 Mar 24
Newmark Launches Paris Office
11 Mar 24
Keefe, Bruyette & Woods Maintains Market Perform on Newmark Group, Raises Price Target to $11.25
26 Feb 24
Newmark Group Q4 2023 Adj EPS $0.46 Misses $0.47 Estimate, Sales $747.44M Beat $743.53M Estimate
22 Feb 24
Earnings Scheduled For February 22, 2024
22 Feb 24
Press releases
Newmark Group's First Quarter 2024 Financial Results Announcement to be Issued Prior to Market Open on Friday, May 3, 2024
9 Apr 24
Newmark Announces Expansion of Retail Capital Markets Team; Hires Industry Expert Conor Lalor to Lead
28 Mar 24
Newmark's Data Visualization Technology and Service, Newlitic™, Receives ISO/IEC 27001 Certification
26 Mar 24
ExcessSpace Retained by Party City to Execute Site Selection and Lease Renewal Programs Nationwide
14 Mar 24
Newmark Launches Paris Office, Bolstering Global Expansion with Key Talent Additions
11 Mar 24