News coverage about Newmark Group (NASDAQ:NMRK) has trended positive this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Newmark Group earned a news impact score of 0.32 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.65521832495 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of brokerages have recently issued reports on NMRK. Wedbush reaffirmed an “outperform” rating and set a $20.00 price target on shares of Newmark Group in a report on Monday, February 12th. Raymond James Financial began coverage on Newmark Group in a report on Tuesday, February 6th. They set an “outperform” rating and a $21.00 price target on the stock. Sandler O’Neill began coverage on Newmark Group in a report on Tuesday, January 9th. They set a “buy” rating and a $18.50 price target on the stock. Bank of America began coverage on Newmark Group in a report on Tuesday, January 9th. They set a “buy” rating and a $20.00 price target on the stock. Finally, Keefe, Bruyette & Woods began coverage on Newmark Group in a report on Tuesday, January 9th. They set a “market perform” rating and a $17.00 price target on the stock. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $20.08.
Newmark Group (NMRK) opened at $15.71 on Friday. Newmark Group has a 1-year low of $13.72 and a 1-year high of $16.98.
Newmark Group (NASDAQ:NMRK) last posted its earnings results on Friday, February 9th. The company reported $0.30 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.30. The firm had revenue of $460.60 million during the quarter, compared to the consensus estimate of $428.10 million. During the same period in the prior year, the company posted $0.31 EPS. analysts forecast that Newmark Group will post 1.49 EPS for the current fiscal year.
ILLEGAL ACTIVITY NOTICE: This news story was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this news story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be read at https://www.dispatchtribunal.com/2018/03/17/newmark-group-nmrk-earns-daily-news-sentiment-rating-of-0-32.html.
Newmark Group Company Profile
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.