Newmark Group (NASDAQ:NMRK) Downgraded by Wall Street Zen to Buy

Wall Street Zen downgraded shares of Newmark Group (NASDAQ:NMRK) from a strong-buy rating to a buy rating in a research report sent to investors on Saturday morning.

A number of other brokerages have also issued reports on NMRK. Weiss Ratings reissued a “hold (c)” rating on shares of Newmark Group in a report on Thursday, January 22nd. Keefe, Bruyette & Woods increased their target price on Newmark Group from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Thursday, January 8th. Barclays assumed coverage on Newmark Group in a report on Tuesday, December 2nd. They issued an “overweight” rating and a $21.00 price target for the company. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Newmark Group in a report on Thursday, December 18th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $18.67.

Newmark Group Price Performance

Newmark Group stock opened at $14.52 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.39 and a quick ratio of 0.39. The business has a 50 day simple moving average of $16.66 and a 200-day simple moving average of $17.43. Newmark Group has a 12 month low of $9.65 and a 12 month high of $19.83. The stock has a market capitalization of $2.62 billion, a PE ratio of 21.35 and a beta of 1.91.

Newmark Group (NASDAQ:NMRK) last announced 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 company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $998.86 million. Newmark Group had a net margin of 3.83% and a return on equity of 25.68%. Newmark Group’s revenue was up 15.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.55 EPS. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. Equities analysts predict that Newmark Group will post 1.45 earnings per share for the current year.

Newmark Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be given a $0.03 dividend. The ex-dividend date is Friday, March 13th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.8%. Newmark Group’s dividend payout ratio (DPR) is currently 17.65%.

Institutional Investors Weigh In On Newmark Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Brummer Multi Strategy AB acquired a new position in shares of Newmark Group during the 3rd quarter valued at about $3,535,000. Boston Partners grew its holdings in Newmark Group by 65.2% in the second quarter. Boston Partners now owns 2,212,910 shares of the company’s stock valued at $26,899,000 after purchasing an additional 873,180 shares during the period. Capital Fund Management S.A. acquired a new position in Newmark Group during the second quarter worth approximately $890,000. SG Americas Securities LLC increased its position in Newmark Group by 330.3% during the third quarter. SG Americas Securities LLC now owns 118,672 shares of the company’s stock worth $2,213,000 after purchasing an additional 91,094 shares during the last quarter. Finally, Systematic Financial Management LP raised its stake in Newmark Group by 6.9% during the second quarter. Systematic Financial Management LP now owns 1,589,080 shares of the company’s stock worth $19,307,000 after purchasing an additional 102,344 shares during the period. 58.42% of the stock is currently owned by hedge funds and other institutional investors.

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.