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Newmark Reports Second Quarter 2024 Financial Results
Prnewswire· 2024-08-02 12:01
Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today NEW YORK, Aug. 2, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today, reported its financial results for the three and six months ended June 30, 2024, and declared its quarterly dividend. A complete and full-text financial results press release, includi ...
Newmark Reports Second Quarter 2024 Financial Results
Prnewswire· 2024-08-02 12:01
Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today NEW YORK, Aug. 2, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today, reported its financial results for the three and six months ended June 30, 2024, and declared its quarterly dividend. A complete and full-text financial results press release, includi ...
Newmark and Greystone Secure $560 Million Refinancing on Behalf of Ares Management and Douglaston Development for 3ELEVEN
Prnewswire· 2024-07-31 14:54
"We are thrilled to have facilitated this significant refinancing for 3ELEVEN, highlighting the exceptional quality and appeal of the property and reflecting the strong collaboration between Ares, Douglaston, Newmark and our team," said Drew Fletcher, President of Greystone Capital Advisors Greystone is a national commercial real estate lending, investment, and advisory company known for its leadership in multifamily and healthcare finance. Services include commercial lending through various platforms such ...
Here's Why Newmark Group (NMRK) is a Great Momentum Stock to Buy
ZACKS· 2024-07-26 17:01
The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with NMRK. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost NMRK's consensus estimate, increasing from $1.12 to $1.13 in the past 60 days. Looking at the n ...
Is Newmark Group (NMRK) Stock Undervalued Right Now?
ZACKS· 2024-07-26 14:41
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. One company to watch right now is Newmark Group (NMRK) . NMRK is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 9.62 right now. For comparison, its industry s ...
Fast-paced Momentum Stock Newmark Group (NMRK) Is Still Trading at a Bargain
ZACKS· 2024-07-26 13:51
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies. Most importantly, despite possessing fast-paced momentum features, NMRK is trading at a reasonable valuation. In terms of Price-to-Sales ratio, whi ...
Newmark Announces Further Extension of Exchange Offer for its 7.500% Senior Notes Due 2029
Prnewswire· 2024-07-15 12:45
The exchange offer, previously scheduled to expire at 5:00 p.m., New York City time, on Friday, July 12, 2024, will now expire at 5:00 p.m., New York City time, on Wednesday, July 17, 2024, unless further extended. Approximately $473.8 million in aggregate principal amount, or 99.7%, of the outstanding Old Notes were tendered in the exchange offer as of 5:00 p.m., New York City time, on July 12, 2024 (which excludes certain Old Notes, as detailed below). The Company's controlling stockholder, Cantor Fitzger ...
Newmark Announces Further Extension of Exchange Offer for its 7.500% Senior Notes Due 2029
Prnewswire· 2024-07-15 12:45
NEW YORK, July 15, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced that it had extended its offer (the "exchange offer") to exchange up to $475 million aggregate principal amount of its outstanding 7.500% Senior Notes due 2029 (the "Old Notes") for an equivalent amount of its 7.500% Senior Notes due 2029 reg ...
Newmark Announces Extension of Exchange Offer for its 7.500% Senior Notes Due 2029
Prnewswire· 2024-07-11 12:45
NEW YORK, July 11, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced that it had extended its offer (the "exchange offer") to exchange up to $475 million aggregate principal amount of its outstanding 7.500% Senior Notes due 2029 (the "Old Notes") for an equivalent amount of its 7.500% Senior Notes due 2029 reg ...
Newmark Announces Extension of Exchange Offer for its 7.500% Senior Notes Due 2029
Prnewswire· 2024-07-11 12:45
NEW YORK, July 11, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced that it had extended its offer (the "exchange offer") to exchange up to $475 million aggregate principal amount of its outstanding 7.500% Senior Notes due 2029 (the "Old Notes") for an equivalent amount of its 7.500% Senior Notes due 2029 reg ...