Newmark Group (NASDAQ:NMRK) Lowered to “Buy” Rating by Wall Street Zen

Newmark Group (NASDAQ:NMRK) was downgraded by equities research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.

Other equities research analysts also recently issued research reports about the stock. Citigroup reissued a “market outperform” rating on shares of Newmark Group in a research report on Thursday, December 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Newmark Group in a research note on Thursday, January 22nd. Keefe, Bruyette & Woods increased their target price on Newmark Group from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Thursday, January 8th. Finally, Barclays initiated coverage on Newmark Group in a research note on Tuesday, December 2nd. They issued an “overweight” rating and a $21.00 price target on the stock. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Newmark Group currently has an average rating of “Moderate Buy” and an average target price of $18.67.

Newmark Group Trading Down 2.5%

NASDAQ NMRK opened at $14.52 on Friday. Newmark Group has a one year low of $9.65 and a one year high of $19.83. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.39 and a quick ratio of 0.39. The firm has a market cap of $2.62 billion, a P/E ratio of 21.35 and a beta of 1.91. The stock’s 50-day moving average is $16.66 and its 200-day moving average is $17.43.

Newmark Group (NASDAQ:NMRK) last posted its earnings results on Wednesday, February 25th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.03. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $998.86 million. Newmark Group had a return on equity of 25.68% and a net margin of 3.83%.Newmark Group’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.55 EPS. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. Sell-side analysts anticipate that Newmark Group will post 1.45 earnings per share for the current fiscal year.

Institutional Trading of Newmark Group

A number of hedge funds and other institutional investors have recently modified their holdings of NMRK. Advisory Services Network LLC acquired a new position in Newmark Group during the third quarter valued at approximately $29,000. Larson Financial Group LLC raised its stake in shares of Newmark Group by 98.9% during the 3rd quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock worth $34,000 after purchasing an additional 915 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Newmark Group by 338.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,879 shares of the company’s stock valued at $35,000 after buying an additional 1,450 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of Newmark Group by 135.9% in the third quarter. Global Retirement Partners LLC now owns 2,326 shares of the company’s stock valued at $43,000 after buying an additional 1,340 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of Newmark Group by 4,587.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,687 shares of the company’s stock valued at $82,000 after buying an additional 4,587 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.