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

Newmark Group (NASDAQ:NMRK) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

Several other equities analysts also recently commented on the company. Citizens Jmp upped 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. Keefe, Bruyette & Woods increased their target price on Newmark Group from $18.00 to $18.50 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Zacks Research raised Newmark Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Weiss Ratings upgraded Newmark Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $19.00 price objective on shares of Newmark Group in a report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Newmark Group has a consensus rating of “Buy” and a consensus target price of $19.62.

Newmark Group Stock Performance

Shares of NMRK stock opened at $15.01 on Wednesday. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of 18.53 and a beta of 1.68. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.48 and a current ratio of 0.48. The company has a 50-day simple moving average of $15.15 and a 200 day simple moving average of $15.35. Newmark Group has a 52 week low of $13.36 and a 52 week high of $19.83.

Newmark Group (NASDAQ:NMRK) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. The business had revenue of $888.42 million for the quarter, compared to analyst estimates of $865.24 million. Newmark Group had a net margin of 4.11% and a return on equity of 27.30%. Newmark Group’s quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.31 EPS. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. On average, sell-side analysts predict that Newmark Group will post 1.97 earnings per share for the current year.

Hedge Funds Weigh In On Newmark Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Balyasny Asset Management L.P. grew its stake in Newmark Group by 422.0% during the fourth 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 in the last quarter. Adage Capital Partners GP L.L.C. acquired a new position in shares of Newmark Group in the 2nd quarter valued at approximately $14,580,000. Ameriprise Financial Inc. lifted its holdings in shares of Newmark Group by 88.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,520,314 shares of the company’s stock worth $30,622,000 after acquiring an additional 1,186,191 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Newmark Group by 194.1% during the 3rd quarter. Wellington Management Group LLP now owns 1,575,475 shares of the company’s stock worth $29,383,000 after acquiring an additional 1,039,798 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of Newmark Group by 84.5% during the 2nd quarter. Raymond James Financial Inc. now owns 1,336,702 shares of the company’s stock worth $16,241,000 after acquiring an additional 612,363 shares in the last quarter. 58.42% of the stock is owned by institutional investors and hedge funds.

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.