Newmark Group (NASDAQ:NMRK) Stock Rating Lowered by Wall Street Zen

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

A number of other equities research analysts have also issued reports on NMRK. Barclays initiated coverage on shares of Newmark Group in a research note on Tuesday, December 2nd. They set an “overweight” rating and a $21.00 target price for the company. Keefe, Bruyette & Woods upped their target price on Newmark Group from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Newmark Group in a report on Thursday, January 22nd. Finally, Citigroup restated 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 given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.67.

Newmark Group Stock Performance

NMRK stock opened at $14.52 on Friday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.46. Newmark Group has a 12-month low of $9.65 and a 12-month high of $19.83. The stock’s 50 day simple moving average is $16.66 and its 200 day simple moving average is $17.43. The firm has a market cap of $2.62 billion, a P/E ratio of 21.35 and a beta of 1.89.

Newmark Group (NASDAQ:NMRK) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.03. Newmark Group had a net margin of 3.83% and a return on equity of 25.68%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $998.86 million. During the same quarter last year, the company earned $0.55 EPS. The company’s revenue for the quarter was up 15.3% compared to the same quarter last year. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. As a group, equities research analysts predict that Newmark Group will post 1.45 EPS for the current year.

Institutional Investors Weigh In On Newmark Group

A number of hedge funds have recently added to or reduced their stakes in NMRK. Mercer Global Advisors Inc. ADV grew its stake in shares of Newmark Group by 9.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 23,819 shares of the company’s stock valued at $413,000 after purchasing an additional 2,049 shares during the last quarter. VARCOV Co. acquired a new position in Newmark Group during the 4th quarter worth $356,000. Voloridge Investment Management LLC boosted its position in Newmark Group by 35.8% in the 4th quarter. Voloridge Investment Management LLC now owns 759,211 shares of the company’s stock valued at $13,165,000 after buying an additional 200,104 shares during the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of Newmark Group in the 4th quarter valued at $5,363,000. Finally, Twinbeech Capital LP bought a new stake in shares of Newmark Group during the fourth quarter worth $2,273,000. Institutional investors own 58.42% of the company’s stock.

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.