With 1.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.94 million shares. The 52-week range on NMRK shows that it touched its highest point at $16.10 and its lowest point at $9.44 during that stretch. It currently has a 1-year price target of $18.83. With its current market cap of 2.44 billion, NMRK has annualized dividend of $0.12 while the current yield stands at 0.89%. Beta for the stock currently stands at 1.65.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NMRK was down-trending over the past week, with a drop of -5.45%, but this was down by -2.45% over a month. Three-month performance dropped to -11.56% while six-month performance fell -1.81%. The stock gained 23.09% in the past year, while it has gained 5.70% so far this year. A look at the trailing 12-month EPS for NMRK yields 0.35 with Next year EPS estimates of 1.65. For the next quarter, that number is 0.19. This implies an EPS growth rate of 17.24% for this year and 14.29% for next year. EPS is expected to grow by 14.57% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.03%.
Float and Shares Shorts:
At present, 149.51 million NMRK shares are outstanding with a float of 141.50 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NMRK since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.21284 being high and $1.16397 being low. For NMRK, this leads to a yearly average estimate of $1.174. Based on analyst estimates, the high estimate for the next quarter is $0.3 and the low estimate is $0.25. The average estimate for the next quarter is thus $0.28.
