Newmark Group Inc

NASDAQ NMRK

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Newmark Group Inc Price to Sales Ratio (P/S) on June 03, 2024: 0.70

Newmark Group Inc Price to Sales Ratio (P/S) is 0.70 on June 03, 2024, a 76.34% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.

Newmark Group Inc 52-week high Price to Sales Ratio (P/S) is 1.53 on February 22, 2024, which is 119.14% above the current Price to Sales Ratio (P/S).
Newmark Group Inc 52-week low Price to Sales Ratio (P/S) is 0.39 on October 25, 2023, which is -43.61% below the current Price to Sales Ratio (P/S).
Newmark Group Inc average Price to Sales Ratio (P/S) for the last 52 weeks is 0.62.

NASDAQ: NMRK

Newmark Group Inc

CEO	Mr. Howard W. Lutnick
IPO Date	Dec. 15, 2017
Location	United States
Headquarters	125 Park Avenue, New York, NY, United States, 10017
Employees	7,600
Sector	Real Estate
Industry	Real estate services

Description

Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners. It also provides tenant representation leasing; and global corporate services consisting of workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management. The company offers its services to commercial real estate tenants, investors, owners, occupiers, and developers; lenders; small and medium size businesses; and multi-national corporations. 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.

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