Newmark Group (NASDAQ:NMRK) Releases Quarterly Earnings Results, Hits Estimates

Newmark Group (NASDAQ:NMRK) released its quarterly earnings data on Wednesday. The company reported $0.39 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.39, FiscalAI reports. The business had revenue of $888.42 million for the quarter, compared to analysts’ expectations of $865.24 million. Newmark Group had a net margin of 4.11% and a return on equity of 27.30%. The company’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.31 EPS. Newmark Group updated its FY 2026 guidance to 1.870-1.980 EPS.

Here are the key takeaways from Newmark Group’s conference call:

• Strong second-quarter results: Revenue increased 17% to a record $888.4 million, while Adjusted EPS rose 25.8% to $0.39 and Adjusted EBITDA grew 22.1% to $139.2 million.
• Broad-based business growth continued: Management and servicing revenue increased 17.7%, leasing rose 17.2% on stronger office activity, and Capital Markets grew 16% as investment sales improved across multifamily, industrial, and office properties.
• Newmark raised its U.S. investment-sales ranking to number two for the first half of 2026, with executives citing strong pipelines, market-share gains, international expansion, and additional growth opportunities in data centers, digital infrastructure, affordable housing, and multifamily.
• Cash generation improved materially: Trailing-12-month Adjusted Free Cash Flow increased 71.6% to $391.1 million, while net leverage remained low at approximately 1.0 times.
• Full-year guidance was maintained rather than raised: Management continues to expect approximately 16% revenue growth, 19% Adjusted EPS growth, and 20% Adjusted EBITDA growth, citing tougher second-half comparisons and uncertainty around the timing of large transactions. Capital allocation is shifting toward potential M&A, with buybacks expected to resume if acquisitions do not close.

Newmark Group Price Performance

NASDAQ:NMRK traded down $0.17 during mid-day trading on Friday, reaching $14.91. 836,235 shares of the stock were exchanged, compared to its average volume of 1,476,762. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.50. The business has a fifty day moving average price of $15.06 and a 200 day moving average price of $15.42. Newmark Group has a 1-year low of $13.36 and a 1-year high of $19.83. The firm has a market capitalization of $2.65 billion, a PE ratio of 18.47 and a beta of 1.68.

Newmark Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, August 14th. Newmark Group’s payout ratio is presently 29.63%.

Hedge Funds Weigh In On Newmark Group

Large investors have recently made changes to their positions in the business. Royal Bank of Canada lifted its stake in Newmark Group by 16.5% during the first quarter. Royal Bank of Canada now owns 44,977 shares of the company’s stock valued at $546,000 after purchasing an additional 6,375 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Newmark Group by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 78,330 shares of the company’s stock worth $953,000 after buying an additional 3,430 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Newmark Group by 2.3% in 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 in the last quarter. Caxton Associates LLP bought a new position in shares of Newmark Group in the first quarter valued at $276,000. Finally, Jane Street Group LLC lifted its position in shares of Newmark Group by 148.3% during the 1st quarter. Jane Street Group LLC now owns 390,633 shares of the company’s stock valued at $4,754,000 after acquiring an additional 233,330 shares during the last quarter. Institutional investors own 58.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on NMRK. Wall Street Zen raised Newmark Group from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Piper Sandler restated an “overweight” rating and issued a $19.00 target price on shares of Newmark Group in a research report on Monday, June 29th. Citizens Jmp lifted their target price on Newmark Group from $21.00 to $22.00 and gave the company a “market outperform” rating in a research note on Friday, May 1st. Zacks Research raised Newmark Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Newmark Group from $18.00 to $18.50 and gave the company an “outperform” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Newmark Group has a consensus rating of “Buy” and an average price target of $19.62.

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.