Newmark Group Inc (NMRK) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Newmark Group Inc stock $8.45, price $11.91, that is 29.1% below the price, quality 49 out of 100. Rating: overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 2, 2026.
How to read this chart
60‑month range $4.97 – $19.35 · fair‑value band $5.19 – $10.56 · the $11.91 price screens above the $8.45 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 2, 2026.
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Newmark Group, Inc. operates as a commercial real estate advisor and service provider in the United States, the United Kingdom, Asia, rest of Europe, and other Americas.
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The company offers capital markets services consisting of investment sales, including placement and raising of equity; and commercial mortgage brokerage, such as government-sponsored enterprises (GSEs) and federal housing administration (FHA) lending, as well as the placement of debt, loan sales, and structured finance on behalf of third parties.
It also provides landlord or agency representation leasing; GSEs and FHA multifamily loan servicing, as well as limited loan servicing, special loan servicing, and asset management; management consulting, managed services, and fund accounting for investors; valuation and advisory services; property management and workspace solutions for owners; due diligence, consulting, and other advisory services; commercial real estate technology platform and capabilities; and business rates for property owners.
In addition, the company offers tenant representation leasing; occupier solutions comprising project management, transaction management, lease administration, and facilities management, as well as corporate consulting services to real estate and supply chain optimization, workplace strategy, and occupancy strategy areas; workspace solutions for occupiers; and business rates for occupiers.
It serves commercial real estate tenants, investors, owners, occupiers, and developers, lenders, small and medium size businesses, multi-national corporations, and institutional owners of real estate.
The company was formerly known as Newmark Grubb Knight Frank Capital Group and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York. Newmark Group, Inc. operates as a subsidiary of Cantor Fitzgerald, L.P.
Stock analysis
Newmark Group Inc (NMRK) currently trades at $11.91, while our model-based Fair Value estimate is $8.45, 29% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $11.56 per share, and 4 of the 16 models we run sit above the $11.91 price.
Bear case: the Asset-Based group reads lowest at $0.9400, and 12 of the 16 models stay below the price. Data coverage for this calculation is high.
Scenario range: $5.19 (bear) to $10.56 (bull), the price of $11.91 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 49/100 (below-average quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Newmark Group Inc reported revenue of $3.3B in FY2025 versus $2.9B in FY2021, a compound +3.5%/yr. Reported net income was $126M in FY2025, compounding −36.0%/yr from FY2021.
Key figures
Market cap $3.0B Mid · P/E ratio 14.2 · P/S ratio 0.81 · EPS (TTM) $0.8100 · Dividend yield 1.5% · Net margin 4.1% · Return on equity 10.7% · Return on assets (EBIT) 7.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 39 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −16% fair-value upside, at −29%, NMRK screens richer than that median.
Fair Value models
Bear$5.19Fair Value $8.45Bull$10.56
Price $11.91 · Downside -29.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($0.5385 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, no officer or director bought or sold shares on the open market.
Plus 9 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.80/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+21.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.9%
Start year 2020 (pandemic). Over 10 years: +10.8% a year
Revenue growth 10 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.8%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
−9.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−10.5%
Dividend (yield on the price)1.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−4.7% vs −4.0%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.10% → 7%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+21.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+8.1%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +19.0% a year for the price and +5.6% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (92 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Limited durable advantages leave Newmark exposed to cyclical transaction volumes, while its push into recurring facilities management offers the main path to steadier earnings.
Main risk: Heavy reliance on transaction volumes in the cyclical commercial real estate market would hit revenue stability and earnings consistency.
Newmark is expanding its property and facilities management business into India with dedicated leadership while opening new industrial and debt divisions in France. Its core revenue still depends heavily on transaction volumes in a cyclical commercial real estate market. Will these moves create steadier recurring fees that offset deal volatility, or will they mainly increase operating complexity without changing the earnings pattern?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Real Estate Services · 472 stocks
Beats the industry median on 5/14 measures
Overall it trails its industry peers.
Valuation
Quality Score49 · Below median
Fair Value upside−29.1% · Below median
Profitability
Return on equity (12 months)10.7% · Top 25%
Return on assets2.5% · Above median
Net margin (12 months)4.1% · Below median
Operating margin (12 months)9.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)12.7% · Above median
Dividend yield (12 months)1.5% · Below median
Balance sheet
Debt / equity0.38× · Above median
Valuation Multiplesvs Real Estate Services median · lower = cheaper
P/E (12 months)14.2× · Pricier than median
P/B1.73× · Priciest 25%
P/S (12 months)0.81× · Cheapest 25%
Price / free cash flow (fiscal year)21.2× · Pricier than median
EV/EBITDA8.3× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 55
FUTURE (revenue growth)64· sector 19
PAST (return on equity)43· sector 19
HEALTH (low debt)81· sector 83
DIVIDEND (yield)30· sector 66
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Newmark Group Inc Fair Value". https://www.fairvalue-calculator.com/stock/NMRK
Frequently asked questions
Is Newmark Group Inc (NMRK) overvalued or undervalued?
As of Nov 2, 2026, our model estimates a fair value of $8.45 versus a price of $11.91, about 29% lower (overvalued).
What is the fair value of NMRK?
Our model-based fair value for Newmark Group Inc is $8.45 (as of Nov 2, 2026), built from audited fundamentals. The current price: $11.91.
What is the quality score of NMRK?
Newmark Group Inc has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Newmark Group Inc (NMRK)?
Our model-based price target is the fair value of $8.45 (as of Nov 2, 2026) from 16 valuation models. Cautious scenario $5.19, optimistic scenario $10.56. It is a calculation from audited fundamentals, not an analyst target.
What is the Newmark Group Inc stock forecast for 2026?
Our models put fair value at $8.45, about 29% lower versus a price of $11.91 (overvalued). Cautious scenario $5.19, optimistic scenario $10.56. The calculation is refreshed regularly with new filings.
What is the revenue of Newmark Group Inc (NMRK)?
Newmark Group Inc reported trailing-twelve-month revenue of about $3.7B (latest available figure, as of Nov 2, 2026).
Does Newmark Group Inc pay a dividend?
Newmark Group Inc currently shows a dividend yield of 1.51% relative to its recent price (as of Nov 2, 2026).
How much is the dividend of Newmark Group Inc (NMRK) and when is the ex-dividend date?
Newmark Group Inc pays a dividend of $0.18 per share a year, a dividend yield of 1.5%. The last ex-dividend date was Aug 14, 2026. A dividend has been paid every year since at least 2018. The payout ratio is 22.2% of earnings. Free cash flow covers the dividend 4.95 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Newmark Group Inc (NMRK)?
For today's price to be fair in a discounted-cash-flow model, Newmark Group Inc would have to grow free cash flow by +21.8 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.9 % per year. As of Nov 2, 2026.
What discount rate (WACC) does the fair value of NMRK use?
Our models discount Newmark Group Inc at 11.6 %: a base by market capitalisation (mid), damped by beta 1.76, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Newmark Group Inc that is +21.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has Newmark Group Inc (NMRK) delivered so far?
Over the past 5 years revenue at Newmark Group Inc grew +11.9 % a year. The price currently implies free-cash-flow growth of +21.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Newmark Group Inc (NMRK) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Newmark Group Inc (+21.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Newmark Group Inc (NMRK)?
The free-cash-flow yield on the price is 4.72 %: that much free cash flow Newmark Group Inc produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Newmark Group Inc (NMRK)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Newmark Group Inc it is $8.45 per share (as of Nov 2, 2026), against a price of $11.91. It is the blended result of 16 valuation models in 6 families (DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Newmark Group Inc stock overvalued or undervalued in 2026?
As of Nov 2, 2026, NMRK trades above its calculated fair value: price $11.91, fair value $8.45, a gap of about −29% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NMRK?
No. The price is what the market pays today ($11.91); the fair value is what the company's own numbers justify ($8.45). For Newmark Group Inc the two are $3.46 per share apart. That gap is exactly why we show both numbers side by side.
How much is Newmark Group Inc worth?
The market values Newmark Group Inc at about $3.0B (market capitalisation, as of Nov 2, 2026). Per share that is $11.91; our models calculate a fair value of $8.45 per share.
What do the bullish and bearish scenarios say about NMRK?
Our models span a range for Newmark Group Inc: cautious scenario $5.19, base $8.45, optimistic $10.56 per share (as of Nov 2, 2026, price $11.91). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of NMRK?
Newmark Group Inc trades at a price-to-earnings ratio of 14.2 (as of Nov 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $8.45 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), earnings ex one-offs: 15.3. Other multiples: P/B 1.7, P/S 0.8, EV/EBITDA 8.3.
How solid is the balance sheet of Newmark Group Inc (NMRK)?
Balance-sheet figures for Newmark Group Inc (as of Nov 2, 2026): return on equity 10.7%, debt of 0.38 per unit of equity. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is NMRK from its 52-week high?
Newmark Group Inc trades at $11.91, about 33% below its 52-week high of $17.65 and 5% above the low of $11.30 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $8.45 is for.
Which stocks are comparable to Newmark Group Inc?
From the same area (Real Estate) we also value CBRE Group, Cellnex Telecom, S.A, KE Holdings, Swire Properties Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Newmark Group Inc stock attractive at the current price?
The data as of Nov 2, 2026: price $11.91, calculated fair value $8.45 (−29%), Quality Score 49/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NMRK calculated?
We run Newmark Group Inc through 16 models from 6 families: DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of $8.45 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Newmark Group Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Newmark Group Inc (NMRK)?
The closing price on Nov 6, 2026 was $11.91. Our model-based fair value is $8.45, about 29% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Newmark Group Inc right now?
The price sits above even our optimistic bull case ($10.56). The favourable scenario is already priced in. Weak quality (49/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range ($5.19 to $10.56) leaves room in how you read the outcome. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Newmark Group Inc
How large is the market capitalisation of Newmark Group Inc (NMRK)?
The market capitalisation of Newmark Group Inc is $3.0B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Newmark Group Inc (NMRK)?
The price-to-sales ratio of Newmark Group Inc is 0.81 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Newmark Group Inc (NMRK)?
Earnings per share at Newmark Group Inc are $0.8100 (price ÷ EPS = P/E 14.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Newmark Group Inc (NMRK)?
The dividend yield of Newmark Group Inc is 1.5% (payout 22.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Newmark Group Inc (NMRK)?
The net margin of Newmark Group Inc is 4.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Newmark Group Inc (NMRK)?
The return on equity (ROE) of Newmark Group Inc is 10.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Newmark Group Inc (NMRK)?
On an EBIT basis the return on assets of Newmark Group Inc is 7.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Newmark Group Inc (NMRK)?
The operating margin of Newmark Group Inc is 9.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Newmark Group Inc (NMRK)?
Revenue at Newmark Group Inc is growing +12.7% versus a year earlier (3y avg +7.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Newmark Group Inc (NMRK)?
Earnings per share at Newmark Group Inc are growing +4.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Newmark Group Inc (NMRK) carry?
The net debt of Newmark Group Inc is $1.7B (fiscal year 2025, ≈ 11.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 2, 2026