Newmark Group, Inc. $NMRK Holdings Boosted by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. lifted its stake in shares of Newmark Group, Inc. (NASDAQ:NMRKFree Report) by 170.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 438,150 shares of the company’s stock after purchasing an additional 276,030 shares during the quarter. Jefferies Financial Group Inc. owned about 0.25% of Newmark Group worth $8,171,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. First Trust Advisors LP increased its stake in shares of Newmark Group by 18.4% in the third quarter. First Trust Advisors LP now owns 115,156 shares of the company’s stock valued at $2,148,000 after purchasing an additional 17,866 shares during the period. Victory Capital Management Inc. boosted its position in shares of Newmark Group by 16.5% during the third quarter. Victory Capital Management Inc. now owns 125,097 shares of the company’s stock worth $2,333,000 after buying an additional 17,745 shares during the period. Kingsview Wealth Management LLC bought a new position in Newmark Group in the 3rd quarter worth approximately $323,000. Quantbot Technologies LP grew its holdings in Newmark Group by 2,289.5% in the 3rd quarter. Quantbot Technologies LP now owns 157,827 shares of the company’s stock worth $2,943,000 after buying an additional 151,222 shares in the last quarter. Finally, Xponance Inc. increased its position in Newmark Group by 15.9% in the 3rd quarter. Xponance Inc. now owns 12,242 shares of the company’s stock valued at $228,000 after acquiring an additional 1,683 shares during the period. Institutional investors own 58.42% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Keefe, Bruyette & Woods dropped their target price on Newmark Group from $22.00 to $18.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Barclays started coverage on Newmark Group in a research note on Tuesday, December 2nd. They set an “overweight” rating and a $21.00 price target for the company. Citigroup reiterated a “market outperform” rating on shares of Newmark Group in a research report on Thursday, December 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Newmark Group in a research note on Thursday, January 22nd. Finally, Wall Street Zen lowered Newmark Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 28th. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Newmark Group has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

View Our Latest Analysis on NMRK

Newmark Group Stock Up 1.5%

NMRK stock opened at $14.49 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.51 and a quick ratio of 0.51. The firm has a market capitalization of $2.61 billion, a P/E ratio of 21.31 and a beta of 1.89. Newmark Group, Inc. has a 52-week low of $9.65 and a 52-week high of $19.83. The company’s 50 day simple moving average is $16.29 and its 200-day simple moving average is $17.32.

Newmark Group (NASDAQ:NMRKGet Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.68 earnings per share (EPS) 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 the consensus estimate of $998.86 million. Newmark Group had a return on equity of 24.97% and a net margin of 3.83%.The business’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.55 EPS. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. As a group, equities research analysts anticipate that Newmark Group, Inc. will post 1.45 EPS for the current year.

Newmark Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, March 13th. Newmark Group’s payout ratio is currently 17.65%.

Newmark Group Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Newmark Group (NASDAQ:NMRK)

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