Headlines about Newmark Group (NASDAQ:NMRK) have been trending positive on Monday, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Newmark Group earned a media sentiment score of 0.35 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.8500287240988 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern’s analysis:
- Financial Contrast: Colliers International Group (CIGI) and Newmark Group (NMRK) (americanbankingnews.com)
- Anthony Orso Joins NKF Capital Markets as President of Capital Markets Strategies (finance.yahoo.com)
- BGC Partners And Newmark Group To Repay Remaining Balance Of $575 Million Unsecured Senior Term Loan (finance.yahoo.com)
- HGI Capital Management LLC Buys New Stake in Newmark Group Inc (NMRK) (americanbankingnews.com)
- Long Pond Capital LP Invests $15.90 Million in Newmark Group Inc (NMRK) Stock (americanbankingnews.com)
A number of analysts recently issued reports on the company. Keefe, Bruyette & Woods assumed coverage on Newmark Group in a research note on Tuesday, January 9th. They set a “market perform” rating and a $17.00 target price for the company. Wedbush reaffirmed an “outperform” rating and set a $20.00 price target on shares of Newmark Group in a research report on Monday, February 12th. Goldman Sachs Group initiated coverage on Newmark Group in a research report on Tuesday, January 9th. They set a “buy” rating and a $24.00 price target for the company. Raymond James Financial initiated coverage on Newmark Group in a research report on Tuesday, February 6th. They set an “outperform” rating and a $21.00 price target for the company. Finally, Bank of America initiated coverage on Newmark Group in a research report on Tuesday, January 9th. They set a “buy” rating and a $20.00 price target for the company. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Newmark Group presently has a consensus rating of “Buy” and a consensus price target of $20.08.
Newmark Group (NASDAQ:NMRK) last released its quarterly earnings results on Friday, February 9th. The company reported $0.30 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.30. The firm had revenue of $460.60 million for the quarter, compared to analyst estimates of $428.10 million. During the same period last year, the company earned $0.31 EPS. research analysts anticipate that Newmark Group will post 1.5 EPS for the current year.
About Newmark Group
Newmark Group, Inc is a commercial real estate services company. The Company is focused on offering products and services to both owners and occupiers across the entire commercial real estate industry. Its investor/owner services and products include capital markets, which consists of investment sales, debt and structured finance and loan sales, agency leasing, property management, valuation and advisory, diligence and underwriting and government-sponsored enterprise lending and loan servicing.
Receive News & Ratings for Newmark Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmark Group and related companies with MarketBeat.com's FREE daily email newsletter.