NG

Newmark Group

NMRK
NASDAQReal Estate
$16.10
USD
+0.32(+2.06%)
At close: Apr 30, 16:10 UTC
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Open

$16.10

Prev. Close

$16.10

High

$16.11

Low

$16.10

Market Snapshot

Market Cap

$2.85B

P/E Ratio

22.5

EPS

0.36

Revenue

$2.74B

Why NMRK moved

Newmark Group appointed Jack Fuchs as President of Global Asset Services, targeting over $2 billion in revenue by 2029, following $3.4 billion in revenue reported.

About

Newmark Group, Inc. engages in the provision of commercial real estate services. The company is headquartered in New York City, New York and currently employs 8,800 full-time employees. The company went IPO on 2017-12-15. The firm offers a diverse array of integrated services and products designed to meet the full needs of its clients. Its investor/owner services and products include capital markets, which consist of investment sales and commercial mortgage origination including the placement of debt, equity raising, and loan sales on behalf of third parties, landlord representation, leasing, valuation and advisory, property management and flexible workspace solutions for owners, a commercial real estate technology platform and capabilities for owners, due diligence consulting and other advisory services, government-sponsored enterprises (GSE) and Federal Housing Administration (FHA) multifamily lending and loan servicing, limited and special loan servicing and asset management, and business rates for United Kingdom property owners.

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