Newmark Group (NASDAQ:NMRK) Price Target Lowered to $19.00 at Barclays

Newmark Group (NASDAQ:NMRK) had its target price reduced by Barclays from $21.00 to $19.00 in a report issued on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

NMRK has been the topic of several other research reports. Wall Street Zen lowered Newmark Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 28th. Citigroup reiterated a “market outperform” rating on shares of Newmark Group in a report on Thursday, December 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Newmark Group in a research report on Thursday, January 22nd. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Newmark Group from $22.00 to $18.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. 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, the company has an average rating of “Moderate Buy” and an average price target of $17.67.

Newmark Group Stock Up 2.4%

Shares of NASDAQ:NMRK opened at $14.19 on Friday. The business’s 50 day moving average is $16.03 and its 200 day moving average is $17.21. The stock 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 52-week low of $9.65 and a 52-week high of $19.83. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.39.

Newmark Group (NASDAQ:NMRK) last issued its earnings results on Wednesday, February 25th. The company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.03. Newmark Group had a return on equity of 24.97% and a net margin of 3.83%.The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $998.86 million. During the same period in the previous year, the company posted $0.55 EPS. Newmark Group’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. Sell-side analysts predict that Newmark Group will post 1.45 EPS for the current year.

Newmark Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be given a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, March 13th. Newmark Group’s payout ratio is presently 17.65%.

Institutional Investors Weigh In On Newmark Group

A number of institutional investors have recently added to or reduced their stakes in NMRK. Geode Capital Management LLC grew its stake in Newmark Group by 5.9% in the second quarter. Geode Capital Management LLC now owns 3,823,432 shares of the company’s stock valued at $46,460,000 after purchasing an additional 213,941 shares during the last quarter. Ameriprise Financial Inc. lifted its position 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 buying an additional 1,186,191 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Newmark Group by 2.3% during the first 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 last quarter. Boston Partners boosted 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 buying an additional 873,180 shares in the last quarter. Finally, Balyasny Asset Management L.P. boosted its holdings 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 buying an additional 1,649,189 shares in the last quarter. 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.