Newmark Group, Inc. $NMRK Stock Sold by Leeward Investments LLC MA

Leeward Investments LLC MA decreased its position in Newmark Group, Inc. (NASDAQ:NMRK) by 5.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,615,214 shares of the company’s stock after selling 97,657 shares during the period. Leeward Investments LLC MA’s holdings in Newmark Group were worth $19,803,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Signaturefd LLC raised its stake in Newmark Group by 87.4% during the 3rd quarter. Signaturefd LLC now owns 5,863 shares of the company’s stock worth $72,000 after buying an additional 2,735 shares during the period. Nisa Investment Advisors LLC lifted its holdings in Newmark Group by 49.6% during the third quarter. Nisa Investment Advisors LLC now owns 28,422 shares of the company’s stock worth $348,000 after acquiring an additional 9,426 shares in the last quarter. Edge Wealth Management LLC lifted its holdings in Newmark Group by 19.7% during the third quarter. Edge Wealth Management LLC now owns 200,572 shares of the company’s stock worth $2,456,000 after acquiring an additional 33,009 shares in the last quarter. Tidal Investments LLC bought a new position in Newmark Group during the second quarter worth about $550,000. Finally, Arizona State Retirement System lifted its holdings in Newmark Group by 2.8% during the second quarter. Arizona State Retirement System now owns 42,768 shares of the company’s stock worth $646,000 after acquiring an additional 1,161 shares in the last quarter. Institutional investors and hedge funds own 58.42% of the company’s stock.

Wall Street Analyst Weigh In

NMRK has been the subject of a number of research analyst reports. Citigroup reissued a “market outperform” rating on shares of Newmark Group in a research note on Thursday. UBS Group set a $22.00 price target on Newmark Group in a research report on Monday, August 10th. Zacks Research cut Newmark Group from a “strong-buy” rating to a “hold” rating in a report on Friday, September 18th. Wall Street Zen lowered Newmark Group from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings upgraded Newmark Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, October 13th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Newmark Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.60.

Newmark Group Price Performance

Newmark Group stock opened at $11.52 on Monday. The company has a 50 day moving average of $13.70 and a 200-day moving average of $14.73. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.50. Newmark Group, Inc. has a twelve month low of $11.26 and a twelve month high of $19.83. The stock has a market capitalization of $2.09 billion, a PE ratio of 14.22 and a beta of 1.76.

Newmark Group (NASDAQ:NMRK) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.39 EPS for the quarter, hitting analysts’ consensus estimates of $0.39. Newmark Group had a net margin of 4.11% and a return on equity of 27.07%. The business had revenue of $888.42 million for the quarter, compared to analyst estimates of $865.24 million. During the same period last year, the business posted $0.31 earnings per share. The firm’s quarterly revenue 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, equities research analysts anticipate that Newmark Group, Inc. will post 1.94 EPS for the current fiscal year.

Newmark Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Friday, August 14th. Newmark Group’s dividend payout ratio is 29.63%.

Newmark Group Profile

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.