Newmark Group, Inc. (NASDAQ:NMRK) Receives $18.43 Consensus Target Price from Analysts

Shares of Newmark Group, Inc. (NASDAQ:NMRK) have been given an average rating of “Moderate Buy” by the ten analysts that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $18.4286.

NMRK has been the topic of several research reports. Keefe, Bruyette & Woods boosted their price target on Newmark Group from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Thursday, January 8th. Wall Street Zen upgraded Newmark Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Newmark Group in a research report on Wednesday, October 8th. Barclays started coverage on shares of Newmark Group in a research note on Tuesday, December 2nd. They set an “overweight” rating and a $21.00 price target on the stock. Finally, Citigroup restated a “market outperform” rating on shares of Newmark Group in a research note on Thursday, December 18th.

Hedge Funds Weigh In On Newmark Group

A number of hedge funds have recently modified their holdings of NMRK. Allspring Global Investments Holdings LLC boosted its stake in Newmark Group by 9.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 63,729 shares of the company’s stock valued at $1,081,000 after buying an additional 5,628 shares in the last quarter. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Newmark Group by 13.1% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 74,600 shares of the company’s stock valued at $1,294,000 after acquiring an additional 8,615 shares during the period. Edge Wealth Management LLC lifted its holdings in shares of Newmark Group by 2.1% during the fourth quarter. Edge Wealth Management LLC now owns 167,548 shares of the company’s stock valued at $2,905,000 after acquiring an additional 3,454 shares during the period. SG Americas Securities LLC boosted its stake in shares of Newmark Group by 244.6% in the 4th quarter. SG Americas Securities LLC now owns 408,974 shares of the company’s stock valued at $7,092,000 after purchasing an additional 290,302 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Newmark Group by 319.7% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,604,326 shares of the company’s stock worth $27,819,000 after purchasing an additional 1,222,069 shares during the last quarter. 58.42% of the stock is owned by institutional investors and hedge funds.

Newmark Group Trading Down 0.5%

Newmark Group stock opened at $17.44 on Monday. The firm has a market capitalization of $3.15 billion, a PE ratio of 30.60 and a beta of 1.93. Newmark Group has a 52 week low of $9.65 and a 52 week high of $19.83. The business’s 50-day simple moving average is $17.16 and its 200-day simple moving average is $16.96. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.39 and a current ratio of 0.39.

Newmark Group (NASDAQ:NMRK) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.01. Newmark Group had a net margin of 3.26% and a return on equity of 23.69%. The firm had revenue of $863.46 million during the quarter, compared to the consensus estimate of $767.12 million. During the same period in the prior year, the firm earned $0.33 EPS. The business’s revenue was up 25.9% on a year-over-year basis. Newmark Group has set its FY 2025 guidance at 1.530-1.630 EPS. Equities research analysts forecast that Newmark Group will post 1.45 earnings per share for the current year.

Newmark Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th were paid a dividend of $0.03 per share. The ex-dividend date was Monday, November 17th. This represents a $0.12 dividend on an annualized basis and a yield of 0.7%. Newmark Group’s dividend payout ratio (DPR) is currently 21.05%.

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.