Newmark Group (NASDAQ:NMRK) Cut to Buy at Wall Street Zen

Newmark Group (NASDAQ:NMRK) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other equities research analysts have also recently issued research reports about the company. Keefe, Bruyette & Woods increased their price target on Newmark Group from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Thursday, January 8th. Citigroup reaffirmed a “market outperform” rating on shares of Newmark Group in a research report on Thursday, December 18th. Barclays initiated coverage on shares of Newmark Group in a research report on Tuesday, December 2nd. They issued an “overweight” rating and a $21.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Newmark Group in a report on Thursday, January 22nd. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $18.67.

Newmark Group Trading Down 2.5%

Shares of NASDAQ:NMRK opened at $14.52 on Friday. Newmark Group has a 52-week low of $9.65 and a 52-week high of $19.83. The company has a market capitalization of $2.62 billion, a P/E ratio of 21.35 and a beta of 1.91. The company has a 50-day simple moving average of $16.66 and a 200 day simple moving average of $17.43. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.39 and a current ratio of 0.39.

Newmark Group (NASDAQ:NMRK) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.03. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $998.86 million. Newmark Group had a return on equity of 25.68% and a net margin of 3.83%.The business’s revenue was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.55 earnings per share. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. Sell-side analysts forecast that Newmark Group will post 1.45 earnings per share for the current year.

Hedge Funds Weigh In On Newmark Group

A number of hedge funds have recently bought and sold shares of NMRK. Focus Partners Wealth boosted its holdings in Newmark Group by 4.6% in the 3rd quarter. Focus Partners Wealth now owns 14,176 shares of the company’s stock valued at $264,000 after purchasing an additional 619 shares during the period. CWM LLC increased its holdings in shares of Newmark Group by 6.3% during the third quarter. CWM LLC now owns 12,531 shares of the company’s stock worth $234,000 after purchasing an additional 738 shares during the period. Assetmark Inc. raised its position in shares of Newmark Group by 10.6% in the fourth quarter. Assetmark Inc. now owns 8,018 shares of the company’s stock valued at $139,000 after buying an additional 769 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Newmark Group by 42.4% in the fourth quarter. Farther Finance Advisors LLC now owns 2,676 shares of the company’s stock valued at $46,000 after buying an additional 797 shares during the period. Finally, Larson Financial Group LLC boosted its stake in shares of Newmark Group by 98.9% in the third quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock valued at $34,000 after buying an additional 915 shares during the period. 58.42% of the stock is owned by institutional investors.

Newmark Group Company Profile

Newmark Group, Inc is a publicly traded commercial real estate advisory firm headquartered in New York City. The company provides a comprehensive suite of services to real estate investors, occupiers and developers, including leasing advisory, property management, capital markets placement, loan servicing, valuation and advisory services. Newmark’s platform integrates local market expertise with national reach to support clients across diverse property types such as office, industrial, retail, multifamily and specialty assets.

Operating across two principal segments—global corporate services and capital markets & property-level services—Newmark delivers tailored solutions encompassing tenant representation, landlord leasing, investment sales, debt and equity financing, and appraisal services.