Newmark Group (NASDAQ:NMRK – Get Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Thursday, Zacks reports.
A number of other equities research analysts have also recently issued reports on NMRK. Barclays upped their price target on shares of Newmark Group from $19.00 to $20.00 and gave the company an “overweight” rating in a report on Monday, August 17th. Piper Sandler lowered Newmark Group from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $14.00 to $13.00 in a research note on Monday, October 19th. Citigroup reissued a “market outperform” rating on shares of Newmark Group in a research report on Thursday, October 22nd. UBS Group set a $22.00 price objective on Newmark Group in a research report on Monday, August 10th. Finally, Citizens Jmp decreased their target price on Newmark Group from $22.00 to $17.00 and set a “market outperform” rating for the company in a research note on Thursday, October 22nd. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $17.60.
Newmark Group Price Performance
Shares of Newmark Group stock opened at $11.52 on Thursday. The firm has a fifty day simple moving average of $13.30 and a 200-day simple moving average of $14.87. 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 1-year low of $11.13 and a 1-year high of $18.25. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of 6.05 and a beta of 1.76.
Newmark Group (NASDAQ:NMRK – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. Newmark Group had a net margin of 4.07% and a return on equity of 27.61%. The business had revenue of $973.20 million during the quarter, compared to the consensus estimate of $957.78 million. During the same period in the prior year, the firm earned $0.42 EPS. Newmark Group’s quarterly revenue was up 12.7% compared to the same quarter last year. On average, sell-side analysts expect that Newmark Group will post 1.88 earnings per share for the current year.
Hedge Funds Weigh In On Newmark Group
Several institutional investors and hedge funds have recently added to or reduced their stakes in NMRK. Hillsdale Investment Management Inc. increased its position in shares of Newmark Group by 115,331.1% during the 1st quarter. Hillsdale Investment Management Inc. now owns 519,440 shares of the company’s stock worth $7,786,000 after purchasing an additional 518,990 shares in the last quarter. Renaissance Technologies LLC acquired a new position in Newmark Group in the first quarter valued at about $5,435,000. Assenagon Asset Management S.A. acquired a new position in Newmark Group in the second quarter valued at about $4,415,000. Dimensional Fund Advisors LP grew its stake in Newmark Group by 4.4% during the first quarter. Dimensional Fund Advisors LP now owns 5,343,384 shares of the company’s stock worth $80,095,000 after buying an additional 227,649 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Newmark Group by 18.9% during the first quarter. Bank of New York Mellon Corp now owns 1,173,058 shares of the company’s stock worth $17,584,000 after buying an additional 186,236 shares during the last quarter. 58.42% of the stock is currently owned by institutional investors.
Newmark Group News Roundup
Here are the key news stories impacting Newmark Group this week:
- Positive Sentiment: Newmark reported third-quarter revenue of $973.2 million, up 12.7% year over year, while adjusted EPS increased to $0.48 from $0.42. Revenue exceeded the approximately $953.9 million consensus estimate, and EPS was slightly above the $0.47 consensus used by several analysts. Newmark Reports Third Quarter 2026 Financial Results
- Positive Sentiment: The company declared a quarterly dividend of $0.06 per share, equivalent to $0.24 annually and a yield of roughly 2.1%. The dividend provides continued shareholder income, although the ex-dividend date is November 13. Newmark Group Reports Earnings Results
- Neutral Sentiment: Management’s earnings call highlighted the quarterly performance and outlook for Newmark’s commercial real estate advisory business. Investors are assessing whether improving revenue trends can continue amid an uncertain commercial real estate environment. Newmark Q3 2026 Earnings Call Transcript
- Negative Sentiment: Newmark cut its full-year outlook after the quarter. That guidance reduction is outweighing the earnings and revenue beats because it signals weaker-than-expected near-term earnings momentum and prompted the stock’s decline. Newmark Group Beat on Both Lines, Then Cut Its Full-Year Outlook
- Negative Sentiment: Zacks added NMRK to its Rank #5 Strong Sell list. Zacks also characterized the $0.48 EPS result as below its $0.49 consensus estimate, adding to negative analyst sentiment. New Strong Sell Stocks for October 30th
About Newmark Group
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.
Featured Stories
- Five stocks we like better than Newmark Group
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Newmark Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmark Group and related companies with MarketBeat.com's FREE daily email newsletter.
