Newmark Group, Inc. (NASDAQ:NMRK – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $17.80.
A number of brokerages recently commented on NMRK. Keefe, Bruyette & Woods lowered their price objective on Newmark Group from $22.00 to $18.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Barclays dropped their price target on shares of Newmark Group from $21.00 to $19.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. Wall Street Zen raised Newmark Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Newmark Group in a research note on Thursday, January 22nd. Finally, Citigroup reissued a “market outperform” rating on shares of Newmark Group in a research note on Thursday, December 18th.
View Our Latest Analysis on Newmark Group
Newmark Group Price Performance
Newmark Group (NASDAQ:NMRK – Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.03. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $998.86 million. Newmark Group had a net margin of 3.83% and a return on equity of 24.97%. Newmark Group’s revenue was up 15.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.55 EPS. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. Sell-side analysts anticipate 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. Shareholders of record on Friday, March 13th were issued a $0.03 dividend. The ex-dividend date was Friday, March 13th. This represents a $0.12 annualized dividend and a yield of 0.8%. Newmark Group’s dividend payout ratio (DPR) is 17.65%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in shares of Newmark Group by 16.5% during the first quarter. Royal Bank of Canada now owns 44,977 shares of the company’s stock worth $546,000 after purchasing an additional 6,375 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Newmark Group by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 78,330 shares of the company’s stock valued at $953,000 after purchasing an additional 3,430 shares during the period. Goldman Sachs Group Inc. grew its position 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 valued at $30,199,000 after purchasing an additional 55,628 shares during the period. Caxton Associates LLP bought a new stake in Newmark Group during the 1st quarter worth approximately $276,000. Finally, Jane Street Group LLC increased its stake in Newmark Group by 148.3% during the 1st quarter. Jane Street Group LLC now owns 390,633 shares of the company’s stock worth $4,754,000 after purchasing an additional 233,330 shares in the last quarter. 58.42% of the stock is owned by institutional investors and hedge funds.
About Newmark Group
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.
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