Newmark Group, Inc. (NASDAQ:NMRK) Given Average Rating of “Buy” by Brokerages

Newmark Group, Inc. (NASDAQ:NMRK) has received an average rating of “Buy” from the seven research firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $20.30.

A number of brokerages have weighed in on NMRK. Keefe, Bruyette & Woods boosted their price objective on Newmark Group from $18.00 to $18.50 and gave the company an “outperform” rating in a research note on Friday, May 1st. Citigroup restated a “market outperform” rating on shares of Newmark Group in a research report on Monday, August 10th. Citizens Jmp lifted their target price on shares of Newmark Group from $21.00 to $22.00 and gave the company a “market outperform” rating in a report on Friday, May 1st. Zacks Research upgraded shares of Newmark Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Finally, Barclays increased their price target on shares of Newmark Group from $19.00 to $20.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th.

Newmark Group Stock Down 0.9%

Newmark Group stock opened at $16.07 on Tuesday. The company has a market capitalization of $2.91 billion, a P/E ratio of 19.84 and a beta of 1.68. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.55. Newmark Group has a fifty-two week low of $13.36 and a fifty-two week high of $19.83. The stock has a 50-day simple moving average of $15.32 and a 200-day simple moving average of $15.18.

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 analysts’ consensus estimates of $0.39. The firm had revenue of $888.42 million for the quarter, compared to the consensus estimate of $865.24 million. Newmark Group had a return on equity of 27.07% and a net margin of 4.11%.The firm’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.31 EPS. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. Equities research analysts expect that Newmark Group will post 1.97 earnings per share for the current year.

Newmark Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. Newmark Group’s dividend payout ratio is presently 29.63%.

Institutional Investors Weigh In On Newmark Group

Several hedge funds have recently made changes to their positions in the business. Royal Bank of Canada increased its position in Newmark Group by 16.5% in the 1st quarter. Royal Bank of Canada now owns 44,977 shares of the company’s stock valued at $546,000 after acquiring an additional 6,375 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in 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 last quarter. Goldman Sachs Group Inc. lifted its position in Newmark Group by 2.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,481,417 shares of the company’s stock worth $30,199,000 after acquiring an additional 55,628 shares during the period. Caxton Associates LLP acquired a new stake in Newmark Group during the 1st quarter worth approximately $276,000. Finally, Jane Street Group LLC grew its stake in shares of Newmark Group by 148.3% in the 1st 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 last quarter. Institutional investors and hedge funds own 58.42% of the company’s stock.

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.