Newmark Group, Inc. $NMRK Stock Holdings Lowered by Wellington Management Group LLP

Wellington Management Group LLP lessened its position in Newmark Group, Inc. (NASDAQ:NMRK) by 63.6% during the second quarter, Holdings Channel reports. The fund owned 479,281 shares of the company’s stock after selling 838,015 shares during the quarter. Wellington Management Group LLP’s holdings in Newmark Group were worth $7,242,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada increased its stake in shares of Newmark Group by 16.5% in the first quarter. Royal Bank of Canada now owns 44,977 shares of the company’s stock valued at $546,000 after purchasing an additional 6,375 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Newmark Group by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 78,330 shares of the company’s stock worth $953,000 after buying an additional 3,430 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Newmark Group by 2.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,481,417 shares of the company’s stock worth $30,199,000 after buying an additional 55,628 shares in the last quarter. Caxton Associates LLP acquired a new stake in Newmark Group in the 1st quarter valued at approximately $276,000. Finally, Jane Street Group LLC increased its position in Newmark Group by 148.3% in the 1st quarter. Jane Street Group LLC now owns 390,633 shares of the company’s stock valued at $4,754,000 after acquiring an additional 233,330 shares during the period. 58.42% of the stock is currently owned by institutional investors.

Newmark Group Stock Performance

Shares of NASDAQ NMRK opened at $14.83 on Wednesday. Newmark Group, Inc. has a 1 year low of $13.36 and a 1 year high of $19.83. The firm has a market cap of $2.69 billion, a P/E ratio of 18.31 and a beta of 1.67. The stock has a fifty day moving average price of $15.38 and a two-hundred day moving average price of $15.15. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.55.

Newmark Group (NASDAQ:NMRK) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.39 EPS for the quarter, hitting analysts’ consensus estimates of $0.39. The company had revenue of $888.42 million for the quarter, compared to the consensus estimate of $865.24 million. Newmark Group had a return on equity of 27.07% and a net margin of 4.11%.The company’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.31 EPS. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. Research analysts forecast that Newmark Group, Inc. will post 1.97 EPS for the current fiscal year.

Newmark Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were given a $0.06 dividend. The ex-dividend date was Friday, August 14th. This represents a $0.24 annualized dividend and a yield of 1.6%. Newmark Group’s payout ratio is 29.63%.

Analyst Ratings Changes

A number of brokerages have issued reports on NMRK. Piper Sandler reiterated an “overweight” rating and set a $19.00 price target on shares of Newmark Group in a research report on Monday, June 29th. Barclays lifted their price objective on shares of Newmark Group from $19.00 to $20.00 and gave the company an “overweight” rating in a research note on Monday, August 17th. UBS Group set a $22.00 price objective on shares of Newmark Group in a report on Monday, August 10th. Citigroup reiterated a “market outperform” rating on shares of Newmark Group in a research report on Monday, August 10th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Newmark Group in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Newmark Group has an average rating of “Buy” and a consensus target price of $20.30.

Newmark Group 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.