Newmark Group (NASDAQ:NMRK) Stock Rating Upgraded by Wall Street Zen

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

NMRK has been the topic of a number of other reports. Barclays lowered their price target on shares of Newmark Group from $21.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. Citigroup restated a “market outperform” rating on shares of Newmark Group in a research report on Thursday, December 18th. 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 report on Monday, March 2nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Newmark Group in a research note on Thursday, January 22nd. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Newmark Group has an average rating of “Moderate Buy” and an average target price of $17.80.

Newmark Group Stock Performance

NASDAQ:NMRK opened at $14.30 on Friday. The stock has a market cap of $2.64 billion, a P/E ratio of 21.03 and a beta of 1.89. The stock has a 50 day simple moving average of $15.48 and a 200 day simple moving average of $16.97. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.39. Newmark Group has a 1-year low of $9.65 and a 1-year high of $19.83.

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

Institutional Trading of Newmark Group

Several large investors have recently made changes to their positions in the company. Ameriprise Financial Inc. raised its position in Newmark Group by 88.9% during the second quarter. Ameriprise Financial Inc. now owns 2,520,314 shares of the company’s stock valued at $30,622,000 after purchasing an additional 1,186,191 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Newmark Group by 2.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,481,417 shares of the company’s stock valued at $30,199,000 after purchasing an additional 55,628 shares in the last quarter. Balyasny Asset Management L.P. increased its stake in shares of Newmark Group by 422.0% in the 4th quarter. Balyasny Asset Management L.P. now owns 2,039,976 shares of the company’s stock valued at $35,373,000 after purchasing an additional 1,649,189 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Newmark Group by 32.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,793,401 shares of the company’s stock worth $33,447,000 after buying an additional 435,646 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Newmark Group by 5.6% during the 3rd quarter. Invesco Ltd. now owns 1,673,354 shares of the company’s stock worth $31,208,000 after buying an additional 88,647 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.