Newmark Group, Inc. (NASDAQ:NMRK) Receives $17.80 Consensus Target Price from Analysts

Shares of Newmark Group, Inc. (NASDAQ:NMRKGet Free Report) have been given an average rating of “Moderate Buy” by the eight research firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $17.80.

NMRK has been the subject of several research reports. Barclays dropped their target price on Newmark Group from $21.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Keefe, Bruyette & Woods lowered their price objective on shares of Newmark Group from $22.00 to $18.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Wall Street Zen upgraded shares of Newmark Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Newmark Group in a research note on Thursday, January 22nd. Finally, Citigroup reiterated a “market outperform” rating on shares of Newmark Group in a report on Thursday, December 18th.

Check Out Our Latest Research Report on Newmark Group

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisory Services Network LLC purchased a new position in shares of Newmark Group in the 3rd quarter valued at about $29,000. Larson Financial Group LLC raised its holdings in Newmark Group by 98.9% in the third quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock valued at $34,000 after acquiring an additional 915 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Newmark Group by 338.0% in the third quarter. Farther Finance Advisors LLC now owns 1,879 shares of the company’s stock worth $35,000 after acquiring an additional 1,450 shares during the last quarter. Global Retirement Partners LLC lifted its stake in Newmark Group by 135.9% in the third quarter. Global Retirement Partners LLC now owns 2,326 shares of the company’s stock worth $43,000 after acquiring an additional 1,340 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in Newmark Group by 4,587.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,687 shares of the company’s stock worth $82,000 after acquiring an additional 4,587 shares in the last quarter. 58.42% of the stock is currently owned by hedge funds and other institutional investors.

Newmark Group Stock Performance

NASDAQ:NMRK opened at $14.89 on Friday. Newmark Group has a fifty-two week low of $9.65 and a fifty-two week high of $19.83. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.51 and a current ratio of 0.51. The company has a 50 day moving average price of $15.33 and a 200 day moving average price of $16.86. The stock has a market capitalization of $2.75 billion, a P/E ratio of 21.90 and a beta of 1.83.

Newmark Group (NASDAQ:NMRKGet Free Report) last announced its earnings results on Wednesday, February 25th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.03. Newmark Group had a return on equity of 24.97% and a net margin of 3.83%.The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $998.86 million. During the same quarter in the previous year, the company earned $0.55 earnings per share. The firm’s quarterly revenue was up 15.3% compared to the same quarter last year. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. Equities research analysts forecast that Newmark Group will post 1.45 EPS for the current year.

Newmark Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.8%. Newmark Group’s dividend payout ratio is currently 17.65%.

Newmark Group Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Newmark Group (NASDAQ:NMRK)

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