Newmark Group, Inc. (NASDAQ:NMRK) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Newmark Group, Inc. (NASDAQ:NMRK) have received an average rating of “Moderate Buy” from the ten ratings firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $18.4286.

Several equities research analysts have recently issued reports on NMRK shares. Keefe, Bruyette & Woods increased their price objective on shares of Newmark Group from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Thursday. Barclays initiated coverage on Newmark Group in a research note on Tuesday, December 2nd. They set an “overweight” rating and a $21.00 price objective on the stock. Zacks Research lowered Newmark Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Newmark Group in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Newmark Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 15th.

Newmark Group Stock Performance

Shares of NASDAQ:NMRK opened at $17.25 on Monday. The business has a 50-day moving average of $17.17 and a two-hundred day moving average of $16.79. The firm has a market capitalization of $3.11 billion, a PE ratio of 30.26 and a beta of 1.93. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.39 and a quick ratio of 0.39. Newmark Group has a 12 month low of $9.65 and a 12 month high of $19.83.

Newmark Group (NASDAQ:NMRK) last issued its earnings results on Thursday, October 30th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.01. Newmark Group had a return on equity of 23.69% and a net margin of 3.26%.The business had revenue of $863.46 million during the quarter, compared to analysts’ expectations of $767.12 million. During the same quarter in the previous year, the business earned $0.33 EPS. The company’s revenue for the quarter was up 25.9% on a year-over-year basis. Newmark Group has set its FY 2025 guidance at 1.530-1.630 EPS. As a group, research analysts forecast that Newmark Group will post 1.45 earnings per share for the current year.

Newmark Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th were paid a $0.03 dividend. The ex-dividend date was Monday, November 17th. This represents a $0.12 annualized dividend and a dividend yield of 0.7%. Newmark Group’s dividend payout ratio is 21.05%.

Hedge Funds Weigh In On Newmark Group

A number of institutional investors have recently added to or reduced their stakes in NMRK. Focus Partners Wealth lifted its stake in shares of Newmark Group by 4.6% in the third quarter. Focus Partners Wealth now owns 14,176 shares of the company’s stock worth $264,000 after acquiring an additional 619 shares in the last quarter. CWM LLC increased its holdings in Newmark Group by 6.3% during the 3rd quarter. CWM LLC now owns 12,531 shares of the company’s stock worth $234,000 after purchasing an additional 738 shares during the last quarter. Larson Financial Group LLC raised its position in shares of Newmark Group by 98.9% in the 3rd quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock valued at $34,000 after purchasing an additional 915 shares in the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Newmark Group by 4.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 21,743 shares of the company’s stock valued at $264,000 after buying an additional 949 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. grew its position in shares of Newmark Group by 8.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 12,515 shares of the company’s stock worth $152,000 after buying an additional 968 shares in the last quarter. Institutional investors and hedge funds 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.