Newmark Group (NASDAQ:NMRK) Given New $20.00 Price Target at Barclays

Newmark Group (NASDAQ:NMRK) had its price target hoisted by analysts at Barclays from $19.00 to $20.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Barclays‘s target price would indicate a potential upside of 32.13% from the stock’s current price.

A number of other equities analysts also recently weighed in on NMRK. UBS Group set a $22.00 target price on shares of Newmark Group in a research note on Monday, August 10th. Piper Sandler reissued an “overweight” rating and set a $19.00 price objective on shares of Newmark Group in a research report on Monday, June 29th. Wall Street Zen downgraded shares of Newmark Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 5th. Citizens Jmp increased their target price on Newmark Group from $21.00 to $22.00 and gave the company a “market outperform” rating in a research note on Friday, May 1st. Finally, Keefe, Bruyette & Woods boosted their price target on Newmark Group from $18.00 to $18.50 and gave the stock an “outperform” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Newmark Group currently has a consensus rating of “Buy” and a consensus target price of $20.30.

Newmark Group Trading Down 0.7%

NMRK stock traded down $0.11 during trading on Monday, reaching $15.14. The company had a trading volume of 17,792 shares, compared to its average volume of 1,463,219. 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 52 week low of $13.36 and a 52 week high of $19.83. The business has a 50 day moving average of $15.22 and a 200 day moving average of $15.24. The company has a market cap of $2.74 billion, a P/E ratio of 18.62 and a beta of 1.68.

Newmark Group (NASDAQ:NMRK) last released its earnings results on Wednesday, July 29th. The company reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. The company had revenue of $888.42 million during the quarter, compared to analysts’ expectations of $865.24 million. Newmark Group had a return on equity of 27.07% and a net margin of 4.11%.The firm’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.31 EPS. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. As a group, sell-side analysts forecast that Newmark Group will post 1.97 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in NMRK. Assenagon Asset Management S.A. acquired a new stake in shares of Newmark Group in the 2nd quarter worth $4,415,000. Bank of New York Mellon Corp raised its stake in Newmark Group by 18.9% in the first quarter. Bank of New York Mellon Corp now owns 1,173,058 shares of the company’s stock valued at $17,584,000 after buying an additional 186,236 shares during the last quarter. Hillsdale Investment Management Inc. grew its stake in shares of Newmark Group by 115,331.1% during the first quarter. Hillsdale Investment Management Inc. now owns 519,440 shares of the company’s stock worth $7,786,000 after acquiring an additional 518,990 shares during the last quarter. Robertson Stephens Wealth Management LLC grew its stake in shares of Newmark Group by 22.6% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 397,408 shares of the company’s stock worth $6,891,000 after acquiring an additional 73,239 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Newmark Group during the first quarter valued at about $1,079,000. Hedge funds and other institutional investors own 58.42% of the company’s stock.

Newmark Group Company Profile

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.