Newmark Group, Inc. (NASDAQ:NMRK) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Newmark Group, Inc. (NASDAQ:NMRK) have been given a consensus rating of “Moderate Buy” by the eight analysts that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $17.80.

NMRK has been the subject of several recent analyst reports. Barclays decreased their price objective on shares of Newmark Group from $21.00 to $19.00 and set an “overweight” rating for the company in a report on Friday, March 13th. Wall Street Zen upgraded Newmark Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Citigroup reaffirmed a “market outperform” rating on shares of Newmark Group in a research note on Thursday, December 18th. Keefe, Bruyette & Woods lowered their price target on Newmark Group from $22.00 to $18.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Newmark Group in a research note on Thursday, January 22nd.

Newmark Group Stock Performance

NMRK stock opened at $14.30 on Friday. The company has a 50-day simple moving average of $15.48 and a 200 day simple moving average of $16.97. The company has a market capitalization of $2.64 billion, a P/E ratio of 21.03 and a beta of 1.89. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.39. Newmark Group has a fifty-two week low of $9.65 and a fifty-two week high of $19.83.

Newmark Group (NASDAQ:NMRK) last released its earnings results on Wednesday, February 25th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.65 by $0.03. Newmark Group had a net margin of 3.83% and a return on equity of 24.97%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $998.86 million. During the same quarter last year, the company earned $0.55 EPS. Newmark Group’s quarterly revenue was up 15.3% on a year-over-year basis. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. Sell-side analysts predict that Newmark Group will post 1.45 earnings per share for the current fiscal year.

Newmark Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, March 13th. Newmark Group’s payout ratio is presently 17.65%.

Institutional Investors Weigh In On Newmark Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Ameriprise Financial Inc. boosted its position in shares of Newmark Group by 88.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,520,314 shares of the company’s stock valued at $30,622,000 after purchasing an additional 1,186,191 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Newmark Group by 2.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,481,417 shares of the company’s stock worth $30,199,000 after purchasing an additional 55,628 shares in the last quarter. Boston Partners lifted its stake in Newmark Group by 65.2% during the second quarter. Boston Partners now owns 2,212,910 shares of the company’s stock valued at $26,899,000 after purchasing an additional 873,180 shares during the last quarter. Balyasny Asset Management L.P. lifted its stake in Newmark Group by 422.0% during the fourth quarter. Balyasny Asset Management L.P. now owns 2,039,976 shares of the company’s stock valued at $35,373,000 after purchasing an additional 1,649,189 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Newmark Group by 32.1% during the third quarter. JPMorgan Chase & Co. now owns 1,793,401 shares of the company’s stock worth $33,447,000 after buying an additional 435,646 shares in the last quarter. 58.42% of the stock is owned by institutional investors and hedge funds.

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.