Newmark Group (NASDAQ:NMRK) Announces Earnings Results

Newmark Group (NASDAQ:NMRK) announced its earnings results on Thursday. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01, Briefing.com reports. Newmark Group had a net margin of 4.07% and a return on equity of 27.61%. The business had revenue of $973.20 million during the quarter, compared to the consensus estimate of $957.78 million. During the same quarter last year, the firm earned $0.42 earnings per share. The business’s revenue for the quarter was up 12.7% on a year-over-year basis.

Here are the key takeaways from Newmark Group’s conference call:

• Record third-quarter performance: Revenue rose 12.7% to $973.2 million, while Adjusted EBITDA increased 14.6% and Adjusted EPS rose 14.3% to $0.48.
• Management and servicing revenue grew 18.3%, supported by organic outsourcing growth, Valuation & Advisory gains, and six acquisitions. Management said recurring businesses now represent roughly 40% of revenue and are expected to exceed $2 billion annually by 2029.
• Leasing revenue increased 26.5%, driven by demand from artificial intelligence, data centers, technology, manufacturing, legal, aerospace and defense, and healthcare sectors; the company described its transaction pipeline as robust.
• Newmark lowered its 2026 outlook because macroeconomic volatility is delaying and reducing the certainty of transaction closings. Capital Markets revenue fell 4.4% in the quarter, and management expects industry Capital Markets volumes to remain down through at least the first half of 2027.
• The board reauthorized a $400 million share-repurchase program, and management expects further buybacks given the company’s financial position and recent share price. However, CEO Barry Gosin is stepping down at year-end, creating a leadership-transition uncertainty while the board evaluates internal and external candidates.

Newmark Group Stock Up 1.2%

NMRK stock traded up $0.14 during midday trading on Friday, hitting $11.52. The company’s stock had a trading volume of 3,701,681 shares, compared to its average volume of 1,874,860. The company has a market cap of $2.09 billion, a PE ratio of 13.88 and a beta of 1.76. Newmark Group has a 12 month low of $11.13 and a 12 month high of $18.25. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The firm’s 50-day moving average is $13.30 and its 200-day moving average is $14.87.

Newmark Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 13th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, November 13th. Newmark Group’s payout ratio is presently 28.92%.

Newmark Group News Summary

Here are the key news stories impacting Newmark Group this week:

• Positive Sentiment: Newmark reported third-quarter revenue of $973.2 million, up 12.7% year over year, while adjusted EPS increased to $0.48 from $0.42. Revenue exceeded the approximately $953.9 million consensus estimate, and EPS was slightly above the $0.47 consensus used by several analysts. Newmark Reports Third Quarter 2026 Financial Results
• Positive Sentiment: The company declared a quarterly dividend of $0.06 per share, equivalent to $0.24 annually and a yield of roughly 2.1%. The dividend provides continued shareholder income, although the ex-dividend date is November 13. Newmark Group Reports Earnings Results
• Neutral Sentiment: Management’s earnings call highlighted the quarterly performance and outlook for Newmark’s commercial real estate advisory business. Investors are assessing whether improving revenue trends can continue amid an uncertain commercial real estate environment. Newmark Q3 2026 Earnings Call Transcript
• Negative Sentiment: Newmark cut its full-year outlook after the quarter. That guidance reduction is outweighing the earnings and revenue beats because it signals weaker-than-expected near-term earnings momentum and prompted the stock’s decline. Newmark Group Beat on Both Lines, Then Cut Its Full-Year Outlook
• Negative Sentiment: Zacks added NMRK to its Rank #5 Strong Sell list. Zacks also characterized the $0.48 EPS result as below its $0.49 consensus estimate, adding to negative analyst sentiment. New Strong Sell Stocks for October 30th

Analyst Ratings Changes

Several analysts recently weighed in on the company. Keefe, Bruyette & Woods cut their price target on Newmark Group from $17.50 to $16.00 and set an “outperform” rating on the stock in a research note on Friday, October 9th. Wall Street Zen downgraded Newmark Group from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Zacks Research downgraded Newmark Group from a “hold” rating to a “strong sell” rating in a report on Thursday. Barclays increased their target price on Newmark Group from $19.00 to $20.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th. Finally, Citigroup restated a “market outperform” rating on shares of Newmark Group in a report on Thursday, October 22nd. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $17.60.

About Newmark Group

Newmark Group, Inc is a global commercial real estate services company that provides advisory, transaction, and management services to occupiers, owners, investors, and developers. Its services cover office, industrial, retail, multifamily, hospitality, and other commercial property sectors.

The company assists clients with leasing, investment sales, acquisition and disposition advisory, debt and structured finance, valuation, consulting, and property and facilities management. Newmark also provides corporate real estate services, workplace strategy, capital markets advice, and technology-enabled data and research solutions.

Newmark serves clients through operations in major real estate markets across North America, Europe, Asia-Pacific, and other international regions.