Clark Capital Management Group Inc. Grows Stock Holdings in Newmark Group, Inc. $NMRK

Clark Capital Management Group Inc. lifted its holdings in Newmark Group, Inc. (NASDAQ:NMRK) by 15.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 424,161 shares of the company’s stock after acquiring an additional 57,089 shares during the quarter. Clark Capital Management Group Inc. owned 0.24% of Newmark Group worth $7,911,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in NMRK. CWM LLC boosted its holdings in Newmark Group by 6.3% in the third quarter. CWM LLC now owns 12,531 shares of the company’s stock valued at $234,000 after purchasing an additional 738 shares during the last quarter. Arizona State Retirement System raised its stake in shares of Newmark Group by 2.8% during the 3rd quarter. Arizona State Retirement System now owns 42,924 shares of the company’s stock valued at $801,000 after buying an additional 1,151 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in shares of Newmark Group by 11.1% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 12,000 shares of the company’s stock valued at $224,000 after buying an additional 1,200 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Newmark Group by 3.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 39,699 shares of the company’s stock valued at $686,000 after buying an additional 1,256 shares during the period. Finally, Global Retirement Partners LLC lifted its holdings in shares of Newmark Group by 135.9% in the 3rd quarter. Global Retirement Partners LLC now owns 2,326 shares of the company’s stock valued at $43,000 after buying an additional 1,340 shares during the period. Hedge funds and other institutional investors own 58.42% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on NMRK. Keefe, Bruyette & Woods dropped their target price on Newmark Group from $22.00 to $18.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Newmark Group in a report on Thursday, January 22nd. Barclays lowered their price objective on Newmark Group from $21.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday. Citigroup reaffirmed a “market outperform” rating on shares of Newmark Group in a report on Thursday, December 18th. Finally, Wall Street Zen cut shares of Newmark Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 28th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.67.

Newmark Group Stock Up 2.4%

Newmark Group stock opened at $14.19 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.51 and a quick ratio of 0.51. The stock has a market capitalization of $2.56 billion, a PE ratio of 20.87 and a beta of 1.89. The business has a 50 day simple moving average of $16.03 and a 200-day simple moving average of $17.20. Newmark Group, Inc. has a 12 month low of $9.65 and a 12 month high of $19.83.

Newmark Group (NASDAQ:NMRK) last announced its earnings results on Wednesday, February 25th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.03. Newmark Group had a return on equity of 24.97% and a net margin of 3.83%.The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $998.86 million. During the same quarter last year, the firm posted $0.55 EPS. The business’s revenue was up 15.3% on a year-over-year basis. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. On average, analysts anticipate that Newmark Group, Inc. will post 1.45 EPS for the current fiscal year.

Newmark Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, March 13th. Newmark Group’s dividend payout ratio (DPR) is presently 17.65%.

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.