Barclays Issues Pessimistic Forecast for Newmark Group (NASDAQ:NMRK) Stock Price

Newmark Group (NASDAQ:NMRK) had its price target cut by stock analysts at Barclays from $21.00 to $19.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s target price suggests a potential upside of 33.90% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. Citigroup reiterated a “market outperform” rating on shares of Newmark Group in a research note on Thursday, December 18th. Keefe, Bruyette & Woods dropped their price objective on 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 cut Newmark Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Newmark Group in a research note on Thursday, January 22nd. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $17.67.

Newmark Group Stock Performance

NMRK opened at $14.19 on Friday. The company has a 50 day simple moving average of $16.03 and a two-hundred day simple moving average of $17.20. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.51 and a quick ratio of 0.51. The firm has a market cap of $2.56 billion, a P/E ratio of 20.87 and a beta of 1.89. 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, beating the consensus estimate of $0.65 by $0.03. Newmark Group had a net margin of 3.83% and a return on equity of 24.97%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $998.86 million. During the same period last year, the firm earned $0.55 EPS. The company’s revenue was up 15.3% on a year-over-year basis. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. Equities analysts forecast that Newmark Group will post 1.45 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in NMRK. Advisory Services Network LLC purchased a new stake in shares of Newmark Group in the third quarter worth about $29,000. Larson Financial Group LLC boosted its stake in Newmark Group by 98.9% during the third quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock valued at $34,000 after buying an additional 915 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in Newmark Group by 338.0% during 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 in the last quarter. Global Retirement Partners LLC increased its stake in Newmark Group by 135.9% in the 3rd 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 increased its stake in Newmark Group by 4,587.0% in 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 during the last quarter. Hedge funds and other institutional investors own 58.42% of the company’s stock.

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.