Newmark Group, Inc. (NMRK) To Go Ex-Dividend on August 14th

Newmark Group, Inc. (NASDAQ:NMRK) declared a quarterly dividend on Tuesday, July 28th. Shareholders of record on Friday, August 14th will be paid a dividend of 0.06 per share on Friday, August 28th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, August 14th.

Newmark Group has decreased its dividend by an average of 0.0%per year over the last three years. Newmark Group has a dividend payout ratio of 14.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Newmark Group to earn $2.14 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 11.2%.

Newmark Group Stock Performance

NMRK opened at $14.77 on Wednesday. The firm has a market cap of $2.62 billion, a P/E ratio of 18.23 and a beta of 1.68. Newmark Group has a 1-year low of $13.36 and a 1-year high of $19.83. The company has a 50 day simple moving average of $15.17 and a two-hundred day simple moving average of $15.29. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.48 and a quick ratio of 0.48.

Newmark Group (NASDAQ:NMRK) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.39 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.39. Newmark Group had a net margin of 4.11% and a return on equity of 27.30%. The firm had revenue of $888.42 million during the quarter, compared to analysts’ expectations of $865.24 million. During the same period in the prior year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was up 17.0% compared to the same quarter last year. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. Equities analysts forecast that Newmark Group will post 1.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Citigroup reissued a “market outperform” rating on shares of Newmark Group in a report on Monday. Wall Street Zen lowered Newmark Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 5th. Piper Sandler reiterated an “overweight” rating and set a $19.00 target price on shares of Newmark Group in a research report on Monday, June 29th. UBS Group set a $22.00 target price on Newmark Group in a research note on Monday. Finally, Zacks Research raised Newmark Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $20.10.

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.