Newmark Group (NASDAQ:NMRK) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Newmark Group (NASDAQ:NMRK) released its quarterly earnings results on Thursday. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.27 by $0.06, Zacks reports. Newmark Group had a return on equity of 26.46% and a net margin of 4.30%.The business had revenue of $846.52 million for the quarter, compared to analysts’ expectations of $748.69 million. During the same quarter in the previous year, the firm posted $0.21 earnings per share. The company’s revenue was up 27.2% compared to the same quarter last year. Newmark Group updated its FY 2026 guidance to 1.870-1.98 EPS.

Here are the key takeaways from Newmark Group’s conference call:

• Newmark reported a strong Q1 with total revenues up 27%, Adjusted EPS up 57%, and Adjusted EBITDA up 35.8%, and the company raised its full-year 2026 guidance (revenues $3.775–$3.875B; Adj. EBITDA $656–$694M).
• Cash generation and shareholder returns strengthened: trailing‑12‑month Adjusted Free Cash Flow rose 111.7% to $361.5M (82.4% of Adj. Earnings), the firm repurchased 10.4M shares for $151.1M and increased the quarterly dividend from $0.03 to $0.06.
• Growth was broad‑based: Capital Markets +45.5% (M&A, senior and affordable housing), Leasing +20% (notably NYC and San Francisco), and Management & Servicing +21% with the RealFoundations integration and a target of >$2B in management/servicing revenues by 2029.
• Balance sheet and liquidity provide flexibility — cash of $212.1M, corporate debt $832M (~1x net leverage), and an increased revolving credit facility to $900M to support growth and transactions.
• Cautions include higher operating expenses (up 24.5% from commissions and global growth initiatives), an expected higher Adjusted Earnings tax rate (13%–15% vs. prior 11.4%), leasing growth expected below the midpoint due to tougher comps, and guidance that excludes potential future acquisitions or material stock‑price changes.

Newmark Group Stock Down 0.5%

Newmark Group stock traded down $0.08 during midday trading on Friday, hitting $16.04. The stock had a trading volume of 3,037,334 shares, compared to its average volume of 1,257,664. The stock has a market cap of $2.96 billion, a P/E ratio of 23.59 and a beta of 1.76. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.39. Newmark Group has a 12 month low of $10.20 and a 12 month high of $19.83. The business has a fifty day moving average price of $15.05 and a 200 day moving average price of $16.47.

Newmark Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, March 13th. Newmark Group’s payout ratio is currently 17.65%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Wall Street Zen upgraded Newmark Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 28th. Citizens Jmp boosted their price target on Newmark Group from $21.00 to $22.00 and gave the stock a “market outperform” rating in a research note on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of Newmark Group in a research note on Tuesday, April 21st. Keefe, Bruyette & Woods boosted their price target on Newmark Group from $18.00 to $18.50 and gave the stock an “outperform” rating in a research note on Friday. Finally, Barclays cut their price target on Newmark Group from $21.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, March 13th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $18.50.

Newmark Group News Summary

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

• Positive Sentiment: Q1 results beat expectations — Newmark reported $0.33 EPS vs. a $0.27 consensus and revenue of $846.5M (up 27% year-over-year), showing solid top- and bottom-line momentum. Newmark Group (NMRK) Tops Q1 Earnings and Revenue Estimates
• Positive Sentiment: Analyst upgrades and higher price targets: Citizens JMP raised its target to $22 (market outperform) and Keefe, Bruyette & Woods lifted its target to $18.50 (outperform), suggesting broker confidence in additional upside. Benzinga
• Positive Sentiment: Company declared its quarterly dividend alongside the results, supporting income-focused investor interest. Newmark Reports First Quarter 2026 Financial Results
• Neutral Sentiment: FY2026 guidance: Newmark set EPS guidance of $1.87–1.98 and revenue guidance of $3.8B–$3.9B (revenue guidance above consensus, EPS roughly in line), leaving room for interpretation on growth trajectory and margin leverage. Newmark Q1 earnings and guidance (MarketBeat)
• Neutral Sentiment: Leadership update: Newmark named Jack Fuchs President of Global Asset Services, a corporate-governance/operations move that could support execution but is not an immediate earnings driver. Newmark Names Jack Fuchs as President of Global Asset Services
• Negative Sentiment: Share reaction: Despite the beats and upgrades, shares are modestly lower today — signaling short-term profit-taking, valuation scrutiny, or investors awaiting deeper detail from the earnings call/transcript before pushing the stock higher.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC bought a new position in Newmark Group during the third quarter worth about $29,000. Larson Financial Group LLC raised its stake in shares of Newmark Group by 98.9% in the third quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock valued at $34,000 after acquiring an additional 915 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Newmark Group by 4,587.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,687 shares of the company’s stock valued at $82,000 after acquiring an additional 4,587 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Newmark Group by 2,161.1% in the third quarter. CIBC Private Wealth Group LLC now owns 5,404 shares of the company’s stock valued at $101,000 after acquiring an additional 5,165 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Newmark Group by 6,802.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 7,662 shares of the company’s stock valued at $143,000 after acquiring an additional 7,551 shares during the last quarter. 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.