Newmark Group, Inc. $NMRK Shares Purchased by Clark Capital Management Group Inc.

Clark Capital Management Group Inc. raised its position in Newmark Group, Inc. (NASDAQ:NMRK) by 15.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 424,161 shares of the company’s stock after acquiring an additional 57,089 shares during the quarter. Clark Capital Management Group Inc.’s holdings in Newmark Group were worth $7,911,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings in shares of Newmark Group by 338.0% during the third quarter. Farther Finance Advisors LLC now owns 1,879 shares of the company’s stock valued at $35,000 after acquiring an additional 1,450 shares during the last quarter. Global Retirement Partners LLC lifted its position in shares of Newmark Group by 135.9% in the third quarter. Global Retirement Partners LLC now owns 2,326 shares of the company’s stock valued at $43,000 after acquiring an additional 1,340 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in shares of Newmark Group in the second quarter worth approximately $138,000. Entropy Technologies LP purchased a new stake in shares of Newmark Group during the second quarter worth approximately $157,000. Finally, State of Alaska Department of Revenue purchased a new stake in shares of Newmark Group during the third quarter worth approximately $158,000. 58.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on NMRK. Citigroup restated a “market outperform” rating on shares of Newmark Group in a report on Thursday, December 18th. Keefe, Bruyette & Woods dropped their target price 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Newmark Group in a research report on Thursday, January 22nd. Barclays decreased 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 note on Friday. Finally, Wall Street Zen lowered shares of Newmark Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 28th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Newmark Group has an average rating of “Moderate Buy” and a consensus target price of $17.67.

Newmark Group Stock Up 2.4%

Shares of NMRK opened at $14.19 on Monday. Newmark Group, Inc. 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. The stock has a fifty day simple moving average of $16.03 and a two-hundred day simple moving average of $17.20. The company has a market capitalization of $2.56 billion, a PE ratio of 20.87 and a beta of 1.89.

Newmark Group (NASDAQ:NMRK) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.68 earnings per share 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 analysts’ expectations of $998.86 million. During the same quarter in the previous year, the company posted $0.55 EPS. The company’s revenue was up 15.3% compared to the same quarter last year. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. As a group, equities analysts forecast that Newmark Group, Inc. will post 1.45 EPS for the current year.

Newmark Group Dividend Announcement

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

Newmark Group 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.