Newmark Group, Inc. (NASDAQ:NMRK) Announces Quarterly Dividend of $0.06

Newmark Group, Inc. (NASDAQ:NMRKGet Free Report) announced a quarterly dividend on Tuesday, July 28th. Stockholders of record on Friday, August 14th will be paid a dividend of 0.06 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, August 14th.

Newmark Group has decreased its dividend payment by an average of 0.0%annually over the last three years. Newmark Group has a dividend payout ratio of 14.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Newmark Group to earn $2.11 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 11.4%.

Newmark Group Stock Down 8.0%

Newmark Group stock opened at $14.89 on Thursday. The company has a market cap of $2.64 billion, a PE ratio of 18.38 and a beta of 1.68. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.48 and a current ratio of 0.48. The business’s 50-day simple moving average is $15.05 and its two-hundred day simple moving average is $15.43. Newmark Group has a fifty-two week low of $13.36 and a fifty-two week high of $19.83.

Newmark Group (NASDAQ:NMRKGet Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. The business had revenue of $888.42 million for the quarter, compared to analyst estimates of $865.24 million. Newmark Group had a net margin of 4.30% and a return on equity of 26.23%. The company’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.31 EPS. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. Equities analysts anticipate that Newmark Group will post 1.99 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Zacks Research raised shares of Newmark Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Piper Sandler reaffirmed an “overweight” rating and issued a $19.00 price target on shares of Newmark Group in a report on Monday, June 29th. Wall Street Zen upgraded Newmark Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Keefe, Bruyette & Woods boosted their price objective on Newmark Group from $18.00 to $18.50 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Finally, Weiss Ratings raised Newmark Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $19.62.

Get Our Latest Analysis on NMRK

Newmark Group Company Profile

(Get Free Report)

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.

See Also

Dividend History for Newmark Group (NASDAQ:NMRK)

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