Newmark Group (NASDAQ:NMRK) Price Target Raised to $20.00

Newmark Group (NASDAQ:NMRK) had its price objective upped by Barclays from $19.00 to $20.00 in a research note issued to investors on Monday morning,Benzinga reports. Barclays currently has an overweight rating on the stock.

Several other research analysts also recently weighed in on the stock. Keefe, Bruyette & Woods upped their target price on shares of Newmark Group from $18.00 to $18.50 and gave the company an “outperform” rating in a research note on Friday, May 1st. UBS Group set a $22.00 price target on shares of Newmark Group in a research note on Monday, August 10th. Citigroup reiterated a “market outperform” rating on shares of Newmark Group in a report on Monday, August 10th. Piper Sandler reiterated an “overweight” rating and issued a $19.00 price objective on shares of Newmark Group in a report on Monday, June 29th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Newmark Group in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Newmark Group currently has an average rating of “Buy” and a consensus target price of $20.30.

Newmark Group Stock Performance

Shares of NASDAQ:NMRK opened at $16.42 on Monday. The business’s 50-day simple moving average is $15.26 and its 200 day simple moving average is $15.20. The company has a market cap of $2.98 billion, a P/E ratio of 20.27 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 one year low of $13.36 and a one year 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 for the quarter, hitting analysts’ consensus estimates of $0.39. Newmark Group had a return on equity of 27.07% and a net margin of 4.11%.The firm had revenue of $888.42 million during the quarter, compared to analysts’ expectations of $865.24 million. During the same quarter in the prior year, the business earned $0.31 EPS. Newmark Group’s quarterly revenue was up 17.0% compared to the same quarter last year. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. On average, sell-side analysts forecast that Newmark Group will post 1.97 earnings per share for the current fiscal 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 paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, August 14th. Newmark Group’s dividend payout ratio is 29.63%.

Institutional Trading of Newmark Group

A number of hedge funds and other institutional investors have recently made changes to their positions in NMRK. Public Employees Retirement System of Ohio bought a new position in Newmark Group during the 2nd quarter valued at $1,532,000. Ancora Advisors LLC bought a new stake in shares of Newmark Group in the 2nd quarter worth about $45,000. Cullen Capital Management LLC bought a new stake in shares of Newmark Group in the 2nd quarter worth about $248,000. Globeflex Capital L P bought a new position in shares of Newmark Group during the second quarter worth about $2,051,000. Finally, Great Lakes Advisors LLC bought a new position in shares of Newmark Group during the second quarter worth about $351,000. Institutional investors 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.