Shares of Newmark Group, Inc. (NASDAQ:NMRK – Get Free Report) have earned a consensus recommendation of “Buy” from the seven analysts that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $20.30.
A number of equities analysts recently weighed in on NMRK shares. Zacks Research upgraded shares of Newmark Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Newmark Group in a report on Friday, August 7th. Citigroup reaffirmed a “market outperform” rating on shares of Newmark Group in a report on Monday, August 10th. Piper Sandler reissued an “overweight” rating and set a $19.00 price target on shares of Newmark Group in a research note on Monday, June 29th. Finally, Barclays lifted their price objective on Newmark Group from $19.00 to $20.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th.
View Our Latest Analysis on Newmark Group
Newmark Group Stock Performance
Newmark Group (NASDAQ:NMRK – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.39 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.39. Newmark Group had a return on equity of 27.07% and a net margin of 4.11%.The company had revenue of $888.42 million for the quarter, compared to the consensus estimate of $865.24 million. During the same quarter last year, the company earned $0.31 EPS. The firm’s quarterly 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. As a group, equities research analysts predict that Newmark Group will post 1.97 EPS for the current fiscal year.
Newmark Group Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a $0.06 dividend. The ex-dividend date was Friday, August 14th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.6%. Newmark Group’s payout ratio is 29.63%.
Institutional Investors Weigh In On Newmark Group
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NMRK. Corient Private Wealth LP boosted its holdings in shares of Newmark Group by 16.8% in the 2nd quarter. Corient Private Wealth LP now owns 50,444 shares of the company’s stock worth $762,000 after purchasing an additional 7,247 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Newmark Group in the second quarter worth $553,000. California State Teachers Retirement System boosted its stake in Newmark Group by 1,404.2% during the second quarter. California State Teachers Retirement System now owns 2,664,044 shares of the company’s stock worth $40,254,000 after buying an additional 2,486,940 shares during the period. Nykredit A S bought a new position in Newmark Group during the second quarter valued at $41,000. Finally, BTG Pactual Asset Management US LLC bought a new position in Newmark Group during the second quarter valued at $304,000. 58.42% of the stock is currently owned by hedge funds and other institutional investors.
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.
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