Newmark Group (NASDAQ:NMRK) Downgraded by Wall Street Zen to “Buy”

Wall Street Zen downgraded shares of Newmark Group (NASDAQ:NMRK) from a strong-buy rating to a buy rating in a report issued on Wednesday.

A number of other research analysts have also weighed in on the company. Citizens Jmp lifted their target price on Newmark Group from $21.00 to $22.00 and gave the company a “market outperform” rating in a report on Friday, May 1st. Piper Sandler reissued an “overweight” rating and issued a $19.00 price target on shares of Newmark Group in a report on Monday, June 29th. Weiss Ratings upgraded shares of Newmark Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Keefe, Bruyette & Woods boosted their price objective 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. Finally, Zacks Research raised shares of Newmark Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Newmark Group currently has an average rating of “Buy” and an average target price of $19.62.

Newmark Group Stock Down 1.4%

Newmark Group stock opened at $15.58 on Wednesday. The firm has a 50 day simple moving average of $15.13 and a 200 day simple moving average of $15.37. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.50. Newmark Group has a 1-year low of $13.36 and a 1-year high of $19.83. The firm has a market capitalization of $2.77 billion, a price-to-earnings ratio of 19.23 and a beta of 1.68.

Newmark Group (NASDAQ:NMRK) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.39 earnings per share for the quarter, meeting the consensus estimate of $0.39. The company had revenue of $888.42 million during the quarter, compared to analysts’ expectations of $865.24 million. Newmark Group had a return on equity of 27.30% 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 period in the previous year, the business earned $0.31 earnings per share. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. On average, analysts predict 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. Investors of record on Friday, August 14th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, August 14th. Newmark Group’s payout ratio is presently 29.63%.

Institutional Trading of Newmark Group

Several institutional investors and hedge funds have recently modified their holdings of NMRK. Royal Bank of Canada grew its holdings in shares of Newmark Group by 16.5% during the first quarter. Royal Bank of Canada now owns 44,977 shares of the company’s stock worth $546,000 after purchasing an additional 6,375 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Newmark Group by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 78,330 shares of the company’s stock valued at $953,000 after purchasing an additional 3,430 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Newmark Group by 2.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,481,417 shares of the company’s stock valued at $30,199,000 after purchasing an additional 55,628 shares during the last quarter. Caxton Associates LLP purchased a new position in Newmark Group in the 1st quarter worth approximately $276,000. Finally, Jane Street Group LLC grew its stake in Newmark Group by 148.3% in the 1st quarter. Jane Street Group LLC now owns 390,633 shares of the company’s stock worth $4,754,000 after buying an additional 233,330 shares in the last quarter. Hedge funds and other 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.