Feed / NMRK

Newmark Group, Inc.

NMRK

Real Estate · 14.65 -1.1% today

Participation confirmed · construction unavailableMarket checked 9 Sept, 15:55 GMT-4

Market read

Newmark Group, Inc.'s move is being confirmed by its market group.

No new filing conclusion is available. 5 of 17 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.

Company-1.1% todayVolume comparison unavailable
Market group5 of 17 activeReal Estate Services · inactive
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 12 of 17 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as HIW begins moving with the group.

Invalidation: The live read weakens if participation falls to 5 of 17 members or fewer.

Watch this read

Research brief

The story so far

Real Estate · Real Estate Services

No new filing conclusion is available. 5 of 17 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 12 of 17 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as HIW begins moving with the group.

Company research

Understand the business, not just the ticker

As of Sep 10, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations326
Usable filing statements118
Verified relationships8
Evidence supporting the case
  • Latest annual revenue changed +21.9% year over year.
  • Operating margin changed +1.3 percentage points in the latest annual period.
  • Net margin changed +1.9 percentage points in the latest annual period.
  • Operating cash flow covered net income at 1.36x in the latest annual period.
  • Demand and volume has repeated favorable evidence across 5 filings.
  • Restructuring and cost reductions has repeated favorable evidence across 3 filings.
Evidence challenging the case
  • Diluted shares increased 42.6% in the latest annual period.
Questions before a position
  • EV/sales is 107% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 9, 2026

14.65
6m+3.5%12m-22.1%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$2.5B+74.1%$3.80+9.0%
2022-12-31$2.3B-7.8%$0.45+25.2%
2023-12-31$2.1B-10.1%$0.24-28.1%
2024-12-31$2.3B+9.7%$0.34+0.7%
2025-12-31$2.8B+21.9%$0.68+42.6%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 5 filings
68 Interest Expense, Net Interest expense, net decreased by $3.2 million, or 18.2%, to $14.3 million during the six months ended June 30, 2026 compared to the six months ended June 30, 2025 primarily due to a $3.0 million increase in interest income.
10-Q · Aug 7, 2026
Demand and volumepositive · 5 filings
We expect demand for office space to continue to be supported by the reset in values due to near-term debt maturities.
10-Q · Aug 7, 2026
Macroeconomic conditionsmixed · 3 filings
While higher consumer spending also contributed to the rise, these factors were partially offset by lower federal spendings, private inventory investment, nonresidential structure investment, and net exports.
10-Q · Aug 7, 2026
Restructuring and cost reductionspositive · 3 filings
Depreciation and Amortization Depreciation and amortization for the year ended December 31, 2025 increased by $7.0 million, or 4.0%, to $181.3 million compared to the year ended December 31, 2024 primarily due to a $4.3 million increase in expenses related to…
10-K · Mar 2, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.3× · EV/sales 1.5×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

14.65-1.1% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 9 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for NMRK. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for NMRK. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind NMRK

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

ABMABM Industries IncorporatedcompetitorMar 2, 2026

Depending on the geography, property type or service, we may compete with other commercial real estate service providers, including outsourcing companies such as ISS A/S and ABM Industries.

CBRECBRE Group, Inc.competitorMar 2, 2026

We also compete with other large multinational firms that have similar or overlapping service competencies to ours, including CBRE Group, Inc., Colliers International Group Inc., Cushman & Wakefield PLC, Jones Lang LaSalle Incorporated, and Savills plc.

Depended on by

VMIValmont Industries, Inc.investeeFeb 24, 2026

Obligations under this facility are guaranteed by the Company and its wholly owned subsidiaries, Valmont Telecommunications, Inc., Valmont Coatings, Inc., Valmont Newmark, Inc., and Valmont Queensland Pty.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

NMRK is currently a Participant in the organic co-movement group Real Estate Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.