JPMorgan Chase & Co. Grows Holdings in Newmark Group, Inc. $NMRK

JPMorgan Chase & Co. boosted its holdings in shares of Newmark Group, Inc. (NASDAQ:NMRK) by 32.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,793,401 shares of the company’s stock after acquiring an additional 435,646 shares during the period. JPMorgan Chase & Co. owned 0.99% of Newmark Group worth $33,447,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. CIBC Private Wealth Group LLC increased its position in Newmark Group by 2,161.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,404 shares of the company’s stock valued at $101,000 after buying an additional 5,165 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in Newmark Group in the third quarter worth $309,000. Advisory Services Network LLC bought a new stake in Newmark Group in the third quarter worth $29,000. Caxton Associates LLP grew its stake in shares of Newmark Group by 55.2% in the third quarter. Caxton Associates LLP now owns 30,956 shares of the company’s stock worth $577,000 after acquiring an additional 11,006 shares during the last quarter. Finally, PDT Partners LLC increased its holdings in shares of Newmark Group by 406.8% during the third quarter. PDT Partners LLC now owns 214,095 shares of the company’s stock valued at $3,993,000 after acquiring an additional 171,850 shares in the last quarter. Institutional investors own 58.42% of the company’s stock.

Wall Street Analyst Weigh In

NMRK has been the subject of several recent analyst reports. Citigroup restated a “market outperform” rating on shares of Newmark Group in a research note on Thursday, December 18th. Wall Street Zen downgraded Newmark Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 28th. Barclays decreased 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 target price on shares of Newmark Group from $22.00 to $18.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Newmark Group in a report on Thursday, January 22nd. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $17.80.

Newmark Group Trading Down 2.7%

NASDAQ:NMRK opened at $14.26 on Monday. Newmark Group, Inc. has a one year low of $9.65 and a one year high of $19.83. The business has a fifty day moving average price of $15.74 and a 200-day moving average price of $17.08. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 20.97 and a beta of 1.89. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.51 and a quick ratio of 0.51.

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

Newmark Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, March 13th. Newmark Group’s dividend payout ratio (DPR) is 17.65%.

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.