Keefe, Bruyette & Woods Has Lowered Expectations for Newmark Group (NASDAQ:NMRK) Stock Price

Newmark Group (NASDAQ:NMRK) had its price objective decreased by stock analysts at Keefe, Bruyette & Woods from $22.00 to $18.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 23.46% from the stock’s current price.

A number of other brokerages also recently commented on NMRK. Barclays began coverage on shares of Newmark Group in a research report on Tuesday, December 2nd. They issued an “overweight” rating and a $21.00 price objective on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Newmark Group in a report on Thursday, January 22nd. Citigroup restated a “market outperform” rating on shares of Newmark Group in a research note on Thursday, December 18th. Finally, Wall Street Zen cut Newmark Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Newmark Group currently has an average rating of “Moderate Buy” and an average price target of $18.00.

Newmark Group Price Performance

Shares of NASDAQ NMRK opened at $14.58 on Monday. 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 company has a market cap of $2.63 billion, a price-to-earnings ratio of 21.44 and a beta of 1.89. The stock’s 50-day moving average is $16.53 and its two-hundred day moving average is $17.39. Newmark Group has a 1-year low of $9.65 and a 1-year high of $19.83.

Newmark Group (NASDAQ:NMRK) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.68 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 the consensus estimate of $998.86 million. Newmark Group had a return on equity of 25.68% and a net margin of 3.83%.The business’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.55 earnings per share. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. Analysts forecast that Newmark Group will post 1.45 EPS for the current fiscal year.

Institutional Trading of Newmark Group

Several institutional investors and hedge funds have recently made changes to their positions in the company. Brummer Multi Strategy AB acquired a new stake in shares of Newmark Group in the third quarter valued at approximately $3,535,000. Boston Partners increased its holdings in shares of Newmark Group by 65.2% in the 2nd quarter. Boston Partners now owns 2,212,910 shares of the company’s stock valued at $26,899,000 after acquiring an additional 873,180 shares during the period. JPMorgan Chase & Co. raised its position in Newmark Group by 32.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,793,401 shares of the company’s stock valued at $33,447,000 after purchasing an additional 435,646 shares during the last quarter. Quantbot Technologies LP boosted its stake in Newmark Group by 2,289.5% during the 3rd quarter. Quantbot Technologies LP now owns 157,827 shares of the company’s stock worth $2,943,000 after purchasing an additional 151,222 shares during the period. Finally, Capital Fund Management S.A. purchased a new position in Newmark Group during the 2nd quarter worth $890,000. 58.42% of the stock is owned by hedge funds and other institutional investors.

About Newmark Group

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.