As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Newmark Group, Inc. (NASDAQ:NMRK), it is a well-regarded dividend payer with a strong track record of performance, trading at a great value. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Newmark Group here.
Undervalued with proven track record and pays a dividend
Over the past year, NMRK has grown its earnings by 56%, with its most recent figure exceeding its annual average over the past five years. Not only did NMRK outperformed its past performance, its growth also surpassed the Real Estate industry expansion, which generated a -26% earnings growth. This paints a buoyant picture for the company. NMRK's shares are now trading at a price below its true value based on its discounted cash flows, indicating a relatively pessimistic market sentiment. According to my intrinsic value of the stock, which is driven by analyst consensus forecast of NMRK's earnings, investors now have the opportunity to buy into the stock to reap capital gains. Also, relative to the rest of its peers with similar levels of earnings, NMRK's share price is trading below the group's average. This bolsters the proposition that NMRK's price is currently discounted.
NMRK is considered one of the top dividend payers in the market, and it has also been able to maintain it at a level in which net income is able to cover dividend payments.
For Newmark Group, I've compiled three pertinent aspects you should look at:
Future Outlook: What are well-informed industry analysts predicting for NMRK’s future growth? Take a look at our free research report of analyst consensus for NMRK’s outlook.
Financial Health: Are NMRK’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of NMRK? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.