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

Newmark Group (NASDAQ:NMRK) posted its quarterly earnings results on Wednesday. The company reported $0.39 EPS for the quarter, hitting analysts’ consensus estimates of $0.39, FiscalAI reports. Newmark Group had a return on equity of 26.23% and a net margin of 4.30%.The company had revenue of $888.42 million during the quarter, compared to analysts’ expectations of $865.24 million. During the same quarter in the previous year, the firm earned $0.31 EPS. Newmark Group’s revenue was up 17.0% on a year-over-year basis. 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

NMRK traded down $0.70 on Wednesday, reaching $15.48. The stock had a trading volume of 1,230,347 shares, compared to its average volume of 1,464,230. Newmark Group has a fifty-two week low of $13.36 and a fifty-two week high of $19.83. The firm has a 50-day moving average of $15.04 and a 200-day moving average of $15.45. 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 company has a market capitalization of $2.75 billion, a price-to-earnings ratio of 19.06 and a beta of 1.68.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. 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 report on Friday, May 1st. Piper Sandler restated an “overweight” rating and issued a $19.00 price target on shares of Newmark Group in a research note on Monday, June 29th. Weiss Ratings raised shares of Newmark Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Wall Street Zen upgraded shares of Newmark Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Finally, Keefe, Bruyette & Woods increased 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 issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $19.62.

Key Newmark Group News

Here are the key news stories impacting Newmark Group this week:

• Positive Sentiment: Newmark reported second-quarter revenue of $888.4 million, up 17% year over year and above the $865.2 million consensus estimate. Earnings were $0.39 per share, compared with $0.31 a year earlier, while management declared its quarterly dividend. Newmark Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company maintained full-year 2026 revenue guidance of $3.8 billion to $3.9 billion, broadly consistent with analyst expectations, supporting the outlook for continued growth. Newmark Reports Second Quarter 2026 Financial Results

Institutional Trading of Newmark Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. Balyasny Asset Management L.P. boosted its position in Newmark Group by 422.0% during the 4th quarter. Balyasny Asset Management L.P. now owns 2,039,976 shares of the company’s stock worth $35,373,000 after buying an additional 1,649,189 shares during the period. Adage Capital Partners GP L.L.C. acquired a new position in shares of Newmark Group during the second quarter worth $14,580,000. Ameriprise Financial Inc. grew its stake in shares of Newmark Group by 88.9% in the second quarter. Ameriprise Financial Inc. now owns 2,520,314 shares of the company’s stock worth $30,622,000 after purchasing an additional 1,186,191 shares during the last quarter. Wellington Management Group LLP increased its holdings in Newmark Group by 194.1% in the third quarter. Wellington Management Group LLP now owns 1,575,475 shares of the company’s stock valued at $29,383,000 after purchasing an additional 1,039,798 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in Newmark Group by 84.5% in the second quarter. Raymond James Financial Inc. now owns 1,336,702 shares of the company’s stock valued at $16,241,000 after purchasing an additional 612,363 shares during the period. 58.42% of the stock is currently owned by institutional investors.

Newmark Group Company Profile

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.