Newmark Group, Inc. (NASDAQ:NMRK) Given Average Recommendation of “Buy” by Brokerages

Newmark Group, Inc. (NASDAQ:NMRK) has earned an average recommendation of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $20.30.

A number of equities analysts recently commented on NMRK shares. Citigroup reiterated a “market outperform” rating on shares of Newmark Group in a research note on Monday, August 10th. Barclays raised their price target on Newmark Group from $19.00 to $20.00 and gave the company an “overweight” rating in a research note on Monday, August 17th. Wall Street Zen downgraded Newmark Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Newmark Group in a research report on Friday, August 7th. Finally, Citizens Jmp increased their price objective on Newmark Group from $21.00 to $22.00 and gave the company a “market outperform” rating in a report on Friday, May 1st.

Hedge Funds Weigh In On Newmark Group

Hedge funds have recently added to or reduced their stakes in the stock. Focus Partners Wealth lifted its position in shares of Newmark Group by 4.6% during the 3rd quarter. Focus Partners Wealth now owns 14,176 shares of the company’s stock worth $264,000 after buying an additional 619 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of Newmark Group by 42.4% in the 4th quarter. Farther Finance Advisors LLC now owns 2,676 shares of the company’s stock valued at $46,000 after buying an additional 797 shares during the last quarter. Larson Financial Group LLC grew its position in shares of Newmark Group by 98.9% in the 3rd quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock valued at $34,000 after buying an additional 915 shares during the last quarter. Bleakley Financial Group LLC raised its stake in Newmark Group by 4.9% during the 4th quarter. Bleakley Financial Group LLC now owns 20,723 shares of the company’s stock worth $359,000 after acquiring an additional 973 shares in the last quarter. Finally, Fox Run Management L.L.C. raised its stake in Newmark Group by 8.1% during the 4th quarter. Fox Run Management L.L.C. now owns 14,489 shares of the company’s stock worth $251,000 after acquiring an additional 1,091 shares in the last quarter. 58.42% of the stock is currently owned by hedge funds and other institutional investors.

Newmark Group Stock Down 0.9%

Shares of Newmark Group stock opened at $16.07 on Tuesday. 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 has a 52-week low of $13.36 and a 52-week high of $19.83. The company has a market capitalization of $2.91 billion, a P/E ratio of 19.84 and a beta of 1.68. The company has a 50 day moving average of $15.32 and a 200 day moving average of $15.18.

Newmark Group (NASDAQ:NMRK) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. Newmark Group had a net margin of 4.11% and a return on equity of 27.07%. The company had revenue of $888.42 million for the quarter, compared to the consensus estimate of $865.24 million. During the same period in the prior year, the firm posted $0.31 EPS. The company’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. As a group, research analysts forecast that Newmark Group will post 1.97 EPS for the current fiscal year.

Newmark Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. Newmark Group’s dividend payout ratio is 29.63%.

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.