Newmark Group (NMRK) to Release Earnings on Wednesday

Newmark Group (NASDAQ:NMRK) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $609.28 million for the quarter. Newmark Group has set its FY 2025 guidance at 1.400-1.500 EPS and its FY25 guidance at $1.40-1.50 EPS.

Newmark Group (NASDAQ:NMRK) last issued its quarterly earnings data on Friday, February 14th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.07. The business had revenue of $888.30 million during the quarter, compared to analysts’ expectations of $790.76 million. Newmark Group had a return on equity of 20.74% and a net margin of 2.22%. The company’s revenue for the quarter was up 18.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.46 EPS. On average, analysts expect Newmark Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Newmark Group Stock Performance

Shares of NMRK stock opened at $11.19 on Tuesday. The stock has a market cap of $2.02 billion, a PE ratio of 31.97 and a beta of 1.69. The business has a 50-day simple moving average of $12.12 and a 200-day simple moving average of $13.50. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 0.52. Newmark Group has a 52-week low of $9.51 and a 52-week high of $16.10.

Newmark Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a $0.03 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.12 annualized dividend and a dividend yield of 1.07%. Newmark Group’s dividend payout ratio (DPR) is presently 34.29%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Keefe, Bruyette & Woods decreased their price objective on Newmark Group from $18.00 to $14.50 and set an “outperform” rating for the company in a report on Thursday, April 17th. The Goldman Sachs Group reduced their price target on Newmark Group from $19.50 to $17.00 and set a “buy” rating for the company in a report on Wednesday, March 19th.

Newmark Group Company Profile

Newmark Group, Inc provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners.