Newmark Group, Inc. (NASDAQ:NMRK) Receives $18.43 Consensus Price Target from Brokerages

Newmark Group, Inc. (NASDAQ:NMRK) has been given an average rating of “Moderate Buy” by the ten analysts that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $18.4286.

Several equities analysts recently commented on NMRK shares. Wall Street Zen raised shares of Newmark Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 15th. Citigroup restated a “market outperform” rating on shares of Newmark Group in a report on Thursday, December 18th. Barclays assumed coverage on Newmark Group in a research report on Tuesday, December 2nd. They issued an “overweight” rating and a $21.00 target price on the stock. Keefe, Bruyette & Woods lifted their target price on Newmark Group from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Thursday, January 8th. Finally, Zacks Research downgraded Newmark Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 2nd.

Institutional Investors Weigh In On Newmark Group

Several institutional investors have recently bought and sold shares of the business. Focus Partners Wealth increased its position in shares of Newmark Group by 4.6% during the third quarter. Focus Partners Wealth now owns 14,176 shares of the company’s stock worth $264,000 after acquiring an additional 619 shares during the last quarter. CWM LLC grew its stake in Newmark Group by 6.3% during the 3rd quarter. CWM LLC now owns 12,531 shares of the company’s stock valued at $234,000 after purchasing an additional 738 shares in the last quarter. Larson Financial Group LLC grew its stake in Newmark Group by 98.9% during the 3rd quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock valued at $34,000 after purchasing an additional 915 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in Newmark Group by 4.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 21,743 shares of the company’s stock worth $264,000 after purchasing an additional 949 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. raised its position in shares of Newmark Group by 8.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 12,515 shares of the company’s stock valued at $152,000 after purchasing an additional 968 shares in the last quarter. 58.42% of the stock is currently owned by hedge funds and other institutional investors.

Newmark Group Stock Performance

NASDAQ NMRK opened at $16.79 on Monday. The business’s 50-day moving average price is $17.15 and its 200 day moving average price is $16.86. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.46. Newmark Group has a twelve month low of $9.65 and a twelve month high of $19.83. The company has a market capitalization of $3.03 billion, a PE ratio of 29.46 and a beta of 1.93.

Newmark Group (NASDAQ:NMRK) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.41 by $0.01. The company had revenue of $863.46 million during the quarter, compared to analysts’ expectations of $767.12 million. Newmark Group had a return on equity of 23.69% and a net margin of 3.26%.The firm’s revenue was up 25.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.33 EPS. Newmark Group has set its FY 2025 guidance at 1.530-1.630 EPS. On average, research analysts predict that Newmark Group will post 1.45 earnings per share for the current year.

Newmark Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Monday, November 17th were issued a $0.03 dividend. The ex-dividend date was Monday, November 17th. This represents a $0.12 annualized dividend and a yield of 0.7%. Newmark Group’s dividend payout ratio (DPR) is presently 21.05%.

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.