Newmark Group Inc (NMRK) Files 10-K for the Fiscal Year Ended on December 31, 2018

Newmark Group Inc (NMRK, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Newmark Group Inc is a commercial real estate advisory firm. It offers services, including leasing and corporate advisory services, investment sales, commercial mortgage brokerage, appraisal and valuation, project management, and property, among others. Newmark Group Inc has a market cap of $1.57 billion; its shares were traded at around $8.90 with a P/E ratio of 13.91 and P/S ratio of 0.92. The dividend yield of Newmark Group Inc stocks is 4.05%.

For the last quarter Newmark Group Inc reported a revenue of $631.7 million, compared with the revenue of $460.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2 billion, an increase of 28.3% from last year.

The reported diluted earnings per share was 64 cents for the year, a decline of 24.7% from the previous year. The Newmark Group Inc had a decent operating margin of 10.03%, compared with the operating margin of 7.88% a year before. The 10-year historical median operating margin of Newmark Group Inc is 8.96%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Newmark Group Inc has the cash and cash equivalents of $122.5 million, compared with $121.0 million in the previous year. The long term debt was $537.9 million, compared with $670.7 million in the previous year. Newmark Group Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $8.90, Newmark Group Inc is traded at 30.8% discount to its historical median P/S valuation band of $12.87. The P/S ratio of the stock is 0.92, while the historical median P/S ratio is 1.30. The stock lost 39.19% during the past 12 months.

For the complete 20-year historical financial data of NMRK, click here.