Newmark Group (NASDAQ:NMRK) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Wall Street Zen upgraded shares of Newmark Group (NASDAQ:NMRK) from a buy rating to a strong-buy rating in a research note issued to investors on Saturday.

A number of other research firms have also recently issued reports on NMRK. Keefe, Bruyette & Woods cut their price target on 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 objective on shares of Newmark Group from $21.00 to $19.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Newmark Group in a research note on Thursday, December 18th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $17.80.

Newmark Group Stock Down 4.1%

NASDAQ NMRK opened at $14.30 on Friday. The stock’s 50 day simple moving average is $15.48 and its 200 day simple moving average is $16.95. Newmark Group has a one year low of $9.65 and a one year high of $19.83. The firm has a market cap of $2.64 billion, a PE ratio of 21.03 and a beta of 1.89. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.51 and a quick ratio of 0.51.

Newmark Group (NASDAQ:NMRK) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.03. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $998.86 million. Newmark Group had a return on equity of 24.97% and a net margin of 3.83%.The business’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. As a group, sell-side analysts forecast that Newmark Group will post 1.45 earnings per share for the current fiscal year.

Newmark Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were paid 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 was Friday, March 13th. Newmark Group’s dividend payout ratio (DPR) is 17.65%.

Hedge Funds Weigh In On Newmark Group

Several large investors have recently made changes to their positions in the company. Advisory Services Network LLC bought a new position in Newmark Group in the third quarter valued at about $29,000. Larson Financial Group LLC raised its holdings in Newmark Group by 98.9% during the 3rd quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock worth $34,000 after purchasing an additional 915 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Newmark Group by 338.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,879 shares of the company’s stock valued at $35,000 after purchasing an additional 1,450 shares during the period. Global Retirement Partners LLC lifted its position in Newmark Group by 135.9% during the 3rd quarter. Global Retirement Partners LLC now owns 2,326 shares of the company’s stock valued at $43,000 after purchasing an additional 1,340 shares during the period. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Newmark Group by 4,587.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,687 shares of the company’s stock valued at $82,000 after purchasing an additional 4,587 shares during the last quarter. Institutional investors and hedge funds 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.