Newmark Group, Inc. (NASDAQ:NMRK) Short Interest Up 21.1% in March

Newmark Group, Inc. (NASDAQ:NMRK) was the target of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 5,576,811 shares, a growth of 21.1% from the February 26th total of 4,606,674 shares. Currently, 3.1% of the company’s shares are short sold. Based on an average daily volume of 1,886,481 shares, the days-to-cover ratio is presently 3.0 days.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Citigroup restated a “market outperform” rating on shares of Newmark Group in a research report on Thursday, December 18th. Keefe, Bruyette & Woods decreased their price objective on shares of Newmark Group from $22.00 to $18.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Newmark Group in a research note on Thursday, January 22nd. Wall Street Zen upgraded shares of Newmark Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 28th. Finally, Barclays cut 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. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $17.80.

Newmark Group Trading Down 0.7%

Shares of NMRK stock opened at $14.89 on Thursday. Newmark Group has a fifty-two week low of $9.65 and a fifty-two week high of $19.83. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.51 and a current ratio of 0.51. The stock has a 50 day simple moving average of $15.33 and a two-hundred day simple moving average of $16.86. The company has a market cap of $2.75 billion, a P/E ratio of 21.90 and a beta of 1.83.

Newmark Group (NASDAQ:NMRK) last posted its quarterly 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 firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations 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% 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. Research analysts forecast that Newmark Group will post 1.45 earnings per share for the current year.

Newmark Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.12 annualized dividend and a yield of 0.8%. Newmark Group’s dividend payout ratio is currently 17.65%.

Institutional Investors Weigh In On Newmark Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. raised its holdings in shares of 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 during the period. Goldman Sachs Group Inc. grew its stake 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 buying an additional 55,628 shares during the period. Balyasny Asset Management L.P. increased its position in 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 buying an additional 1,649,189 shares in the last quarter. JPMorgan Chase & Co. increased 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 buying an additional 435,646 shares in the last quarter. Finally, Invesco Ltd. raised its stake in 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 during the period. 58.42% of the stock is owned by institutional investors.

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.