Newmark Group (NASDAQ:NMRK) Earns Neutral Rating from Piper Sandler

Newmark Group (NASDAQ:NMRK)‘s stock had its “neutral” rating reissued by equities research analysts at Piper Sandler in a research note issued to investors on Monday, MarketBeat.com reports. They currently have a $13.00 price target on the stock, down from their previous price target of $14.00. Piper Sandler’s price objective indicates a potential upside of 11.68% from the stock’s current price.

NMRK has been the subject of a number of other research reports. Weiss Ratings upgraded Newmark Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, October 13th. Wall Street Zen downgraded Newmark Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 5th. UBS Group set a $22.00 target price on Newmark Group in a research report on Monday, August 10th. Keefe, Bruyette & Woods dropped their price target on Newmark Group from $17.50 to $16.00 and set an “outperform” rating for the company in a research note on Friday, October 9th. Finally, Citigroup restated a “market outperform” rating on shares of Newmark Group in a report on Monday, August 10th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.60.

Newmark Group Trading Up 3.0%

NMRK stock opened at $11.64 on Monday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.55 and a quick ratio of 0.55. Newmark Group has a 1-year low of $11.26 and a 1-year high of $19.83. The business has a 50 day simple moving average of $13.91 and a two-hundred day simple moving average of $14.79. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 6.21 and a beta of 1.76.

Newmark Group (NASDAQ:NMRK) last announced 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. Newmark Group had a net margin of 4.11% and a return on equity of 27.07%. The business had revenue of $888.42 million during the quarter, compared to analyst estimates of $865.24 million. During the same period last year, the firm posted $0.31 EPS. The company’s revenue was up 17.0% on a year-over-year basis. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. Research analysts anticipate that Newmark Group will post 1.94 EPS for the current fiscal year.

Institutional Trading of Newmark Group

Several institutional investors have recently added to or reduced their stakes in the company. Arizona State Retirement System increased its stake in 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 lifted its position in shares of Newmark Group by 366.3% during 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 during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Newmark Group by 9.6% during the first quarter. PNC Financial Services Group Inc. now owns 16,724 shares of the company’s stock worth $251,000 after purchasing an additional 1,471 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of Newmark Group by 29.3% during the fourth 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 stake in shares of Newmark Group during the second quarter valued at $41,000. Institutional investors own 58.42% of the company’s stock.

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

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.