Newmark Group (NASDAQ:NMRK) Price Target Lowered to $18.00 at Keefe, Bruyette & Woods

Newmark Group (NASDAQ:NMRK) had its price objective decreased by equities research analysts at Keefe, Bruyette & Woods from $22.00 to $18.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price objective points to a potential upside of 28.57% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Newmark Group in a report on Thursday, January 22nd. Barclays initiated coverage on Newmark Group in a research note on Tuesday, December 2nd. They issued an “overweight” rating and a $21.00 price target for the company. Wall Street Zen cut Newmark Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Citigroup reissued a “market outperform” rating on shares of Newmark Group in a research note on Thursday, December 18th. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $18.00.

Newmark Group Trading Down 3.6%

NASDAQ:NMRK opened at $14.00 on Monday. The company has a market cap of $2.53 billion, a P/E ratio of 20.63 and a beta of 1.89. Newmark Group has a twelve month low of $9.65 and a twelve month high of $19.83. The business has a 50 day moving average price of $16.66 and a two-hundred day moving average price of $17.43. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.46.

Newmark Group (NASDAQ:NMRK) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.68 EPS 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 analyst estimates of $998.86 million. During the same quarter in the previous year, the firm posted $0.55 earnings per share. The firm’s revenue for the quarter was up 15.3% on a year-over-year basis. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. As a group, analysts expect that Newmark Group will post 1.45 EPS for the current fiscal year.

Institutional Investors Weigh In On Newmark Group

A number of institutional investors have recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV raised its stake in Newmark Group by 9.4% in 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 in the last quarter. VARCOV Co. acquired a new position in shares of Newmark Group in the 4th quarter valued at approximately $356,000. Voloridge Investment Management LLC raised its position in shares of 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 in the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of Newmark Group during the 4th quarter worth approximately $5,363,000. Finally, Twinbeech Capital LP bought a new position in Newmark Group in the fourth quarter valued at approximately $2,273,000. Institutional investors own 58.42% of the company’s stock.

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.