Newmark Group, Inc. (NASDAQ:NMRK) Plans $0.06 Quarterly Dividend

Newmark Group, Inc. (NASDAQ:NMRK) announced a quarterly dividend on Tuesday, July 28th. Stockholders of record on Friday, August 14th will be given a dividend of 0.06 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, August 14th.

Newmark Group has decreased its dividend by an average of 0.0%per year over the last three years. Newmark Group has a dividend payout ratio of 14.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Newmark Group to earn $2.11 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 11.4%.

Newmark Group Stock Down 8.0%

Shares of Newmark Group stock opened at $14.89 on Thursday. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.50. The company has a market cap of $2.64 billion, a P/E ratio of 18.38 and a beta of 1.68. The firm’s 50 day moving average price is $15.05 and its 200-day moving average price is $15.43. Newmark Group has a 52-week low of $13.36 and a 52-week high of $19.83.

Newmark Group (NASDAQ:NMRK) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. Newmark Group had a net margin of 4.30% and a return on equity of 26.23%. The business had revenue of $888.42 million for the quarter, compared to analyst estimates of $865.24 million. During the same period in the previous year, the company earned $0.31 earnings per share. The business’s revenue for the quarter was up 17.0% on a year-over-year basis. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. On average, sell-side analysts predict that Newmark Group will post 1.99 EPS for the current fiscal year.

Institutional Trading of Newmark Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in Newmark Group by 16.5% in the first quarter. Royal Bank of Canada now owns 44,977 shares of the company’s stock valued at $546,000 after buying an additional 6,375 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Newmark Group by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 78,330 shares of the company’s stock valued at $953,000 after acquiring an additional 3,430 shares during the period. Goldman Sachs Group Inc. increased its stake 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 in the last quarter. Caxton Associates LLP acquired a new position in Newmark Group in the 1st quarter worth about $276,000. Finally, Jane Street Group LLC grew its holdings in Newmark Group by 148.3% in the first quarter. Jane Street Group LLC now owns 390,633 shares of the company’s stock valued at $4,754,000 after purchasing an additional 233,330 shares during the period. Institutional investors and hedge funds own 58.42% of the company’s stock.

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.