Newmark Group, Inc. (NASDAQ:NMRK) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Shares of Newmark Group, Inc. (NASDAQ:NMRK – Get Free Report) have been given a consensus rating of “Moderate Buy” by the seven analysts that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $18.60.

A number of equities analysts recently commented on NMRK shares. Barclays raised their target price on Newmark Group from $19.00 to $20.00 and gave the stock an “overweight” rating in a report on Monday, August 17th. Wall Street Zen lowered Newmark Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 5th. Zacks Research cut Newmark Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 18th. Keefe, Bruyette & Woods reduced their price target on Newmark Group from $17.50 to $16.00 and set an “outperform” rating for the company in a research report on Friday, October 9th. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $13.00 price objective (down from $14.00) on shares of Newmark Group in a research note on Monday.

Get Our Latest Analysis on NMRK

Newmark Group Stock Up 3.0%

Shares of NMRK stock opened at $11.64 on Wednesday. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. Newmark Group has a 12 month low of $11.26 and a 12 month high of $19.83. The stock has a market cap of $2.11 billion, a P/E ratio of 6.21 and a beta of 1.76. The company has a 50 day simple moving average of $13.91 and a two-hundred day simple moving average of $14.79.

Newmark Group (NASDAQ:NMRK – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.39 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.39. The firm had revenue of $888.42 million during the quarter, compared to the consensus estimate of $865.24 million. Newmark Group had a net margin of 4.11% and a return on equity of 27.07%. The company’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.31 EPS. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. On average, research analysts expect that Newmark Group will post 1.94 earnings per share for the current year.

Newmark Group Announces Dividend

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

Key Newmark Group News

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

  • Positive Sentiment: New industrial-storage practice expands growth opportunities: Newmark launched a dedicated Industrial Outdoor Storage practice across North America. The company cited 123% rent growth for the property type since 2020, suggesting strong demand and potential for additional advisory, leasing and capital-markets revenue. Newmark Launches Industrial Outdoor Storage Practice, Expanding Capabilities Across North America
  • Positive Sentiment: $369 million affordable-housing financing arranged: Newmark arranged a Fannie Mae credit facility for April Housing’s 11-property Florida portfolio. The transaction reinforces the company’s ability to generate fees from large, institutional real estate financing mandates. Newmark Arranges $369 Million Fannie Mae Credit Facility for April Housing Florida Portfolio
  • Positive Sentiment: Sell-side consensus remains constructive: Newmark was reportedly upgraded to a “Moderate Buy” consensus rating, offering some support for the shares despite recent target-price reductions.
  • Neutral Sentiment: Multifamily finance team expanded: Newmark added Colton Smith to its Multifamily Debt & Structured Finance team in Salt Lake City. The hire could strengthen regional origination capabilities, although the near-term earnings impact is unclear. Newmark Adds Colton Smith to Multifamily Debt & Structured Finance Team in Salt Lake City
  • Neutral Sentiment: Large loan-sale assignment demonstrates transaction volume: Newmark arranged the discounted sale of a $290 million loan secured by Wells Fargo Center South in Los Angeles. The mandate supports Newmark’s advisory credentials, but the discount also reflects continued challenges in commercial real estate credit markets. Newmark Arranges Discounted Sale of $290 Million Loan
  • Negative Sentiment: Piper Sandler reduced its price target: The firm reaffirmed a “Neutral” rating but lowered its target to $13 from $14, signaling limited confidence in near-term upside.
  • Negative Sentiment: Institutional selling adds pressure: Robertson Stephens Wealth Management reduced its Newmark position by 21.2%, selling 49,563 shares during the reported quarter. Robertson Stephens Wealth Management Sells Shares of Newmark

Institutional Investors Weigh In On Newmark Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NMRK. Arizona State Retirement System boosted its position in shares of Newmark Group by 2.8% in the second quarter. Arizona State Retirement System now owns 42,768 shares of the company’s stock worth $646,000 after purchasing an additional 1,161 shares during the period. Millstone Evans Group LLC increased its stake in shares of Newmark Group by 366.3% in the first quarter. Millstone Evans Group LLC now owns 1,646 shares of the company’s stock worth $25,000 after purchasing an additional 1,293 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of Newmark Group by 9.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 16,724 shares of the company’s stock valued at $251,000 after purchasing an additional 1,471 shares during the period. Rockefeller Capital Management L.P. raised its position in shares of Newmark Group by 29.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 8,160 shares of the company’s stock valued at $142,000 after purchasing an additional 1,848 shares during the period. Finally, Nykredit A S purchased a new position in shares of Newmark Group during the 2nd quarter valued at $41,000. 58.42% of the stock is owned by hedge funds and other institutional investors.

Newmark Group Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Newmark Group (NASDAQ:NMRK)

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