Newmark Group (NASDAQ:NMRK) Posts Earnings Results, Beats Expectations By $0.01 EPS

Newmark Group (NASDAQ:NMRK) released its quarterly earnings results on Thursday. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.47 by $0.01, Briefing.com reports. The business had revenue of $973.20 million during the quarter, compared to analyst estimates of $953.93 million. Newmark Group had a net margin of 4.11% and a return on equity of 27.07%. The company’s quarterly revenue was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.42 earnings per share.

Here are the key takeaways from Newmark Group’s conference call:

• Record third-quarter performance: Revenue rose 12.7% to $973.2 million, while Adjusted EBITDA increased 14.6% and Adjusted EPS rose 14.3% to $0.48.
• Management and servicing revenue grew 18.3%, supported by organic outsourcing growth, Valuation & Advisory gains, and six acquisitions. Management said recurring businesses now represent roughly 40% of revenue and are expected to exceed $2 billion annually by 2029.
• Leasing revenue increased 26.5%, driven by demand from artificial intelligence, data centers, technology, manufacturing, legal, aerospace and defense, and healthcare sectors; the company described its transaction pipeline as robust.
• Newmark lowered its 2026 outlook because macroeconomic volatility is delaying and reducing the certainty of transaction closings. Capital Markets revenue fell 4.4% in the quarter, and management expects industry Capital Markets volumes to remain down through at least the first half of 2027.
• The board reauthorized a $400 million share-repurchase program, and management expects further buybacks given the company’s financial position and recent share price. However, CEO Barry Gosin is stepping down at year-end, creating a leadership-transition uncertainty while the board evaluates internal and external candidates.

Newmark Group Stock Up 0.0%

NMRK traded up $0.01 during midday trading on Friday, hitting $11.38. 654,904 shares of the company’s stock traded hands, compared to its average volume of 1,570,925. The company has a market cap of $2.06 billion, a PE ratio of 13.99 and a beta of 1.76. Newmark Group has a one year low of $11.13 and a one year high of $18.25. The stock’s fifty day simple moving average is $13.39 and its 200-day simple moving average is $14.89. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Friday, November 13th will be paid a $0.06 dividend. The ex-dividend date is Friday, November 13th. This represents a $0.24 dividend on an annualized basis and a yield of 2.1%. Newmark Group’s payout ratio is 29.63%.

Analyst Ratings Changes

Several research firms recently commented on NMRK. Zacks Research cut Newmark Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 18th. Piper Sandler downgraded Newmark Group from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $14.00 to $13.00 in a research report on Monday, October 19th. Citizens Jmp lowered their price target on Newmark Group from $22.00 to $17.00 and set a “market outperform” rating on the stock in a research report on Thursday, October 22nd. Wall Street Zen cut Newmark Group from a “buy” rating to a “hold” rating in a research note on Saturday, October 24th. Finally, Barclays boosted their price target on shares of Newmark Group from $19.00 to $20.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $17.60.

Key Newmark Group News

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

• Positive Sentiment: Newmark reported third-quarter adjusted earnings of $0.48 per share, slightly above the $0.47 consensus estimate cited by several analysts. Revenue rose 12.7% year over year to $973.2 million, exceeding expectations of $953.9 million, while EPS increased from $0.42 in the prior-year quarter. Newmark Reports Third Quarter 2026 Financial Results
• Positive Sentiment: The company declared a quarterly dividend of $0.06 per share, payable November 30 to shareholders of record November 13. The annualized dividend is $0.24, representing an indicated yield of about 2.1%.
• Neutral Sentiment: Newmark also announced the hiring of Justin Rappel as a senior managing director to strengthen its industrial capital-markets team, supporting its commercial real-estate advisory capabilities but likely having limited immediate earnings impact. Newmark Strengthens Industrial Capital Markets Team
• Negative Sentiment: Despite beating the broader consensus on earnings and revenue, Newmark reportedly cut its full-year outlook, raising concerns that weaker expectations could offset the quarter’s positive results. Newmark Group Q3 2026 Earnings
• Negative Sentiment: Zacks characterized the quarter as a miss against its $0.49-per-share estimate and added NMRK to its Rank #5, Strong Sell list. This negative rating may amplify selling pressure, even though other consensus measures showed a modest earnings beat. 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.