Globeflex Capital L P Invests $2.05 Million in Newmark Group, Inc. $NMRK

Globeflex Capital L P acquired a new stake in shares of Newmark Group, Inc. (NASDAQ:NMRK) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 135,726 shares of the company’s stock, valued at approximately $2,051,000. Globeflex Capital L P owned approximately 0.08% of Newmark Group as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in NMRK. Assenagon Asset Management S.A. purchased a new position in Newmark Group during the second quarter valued at approximately $4,415,000. Bank of New York Mellon Corp increased its stake in shares of Newmark Group by 18.9% in the first quarter. Bank of New York Mellon Corp now owns 1,173,058 shares of the company’s stock worth $17,584,000 after purchasing an additional 186,236 shares in the last quarter. Hillsdale Investment Management Inc. raised its position in shares of Newmark Group by 115,331.1% during the 1st quarter. Hillsdale Investment Management Inc. now owns 519,440 shares of the company’s stock valued at $7,786,000 after purchasing an additional 518,990 shares during the period. Robertson Stephens Wealth Management LLC increased its stake in Newmark Group by 22.6% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 397,408 shares of the company’s stock worth $6,891,000 after buying an additional 73,239 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in Newmark Group during the first quarter valued at about $1,079,000. 58.42% of the stock is currently owned by institutional investors.

Newmark Group Stock Performance

NASDAQ:NMRK opened at $16.07 on Tuesday. The company has a market cap of $2.91 billion, a price-to-earnings ratio of 19.84 and a beta of 1.68. Newmark Group, Inc. has a 1 year low of $13.36 and a 1 year high of $19.83. The stock’s 50 day simple moving average is $15.32 and its two-hundred day simple moving average is $15.18. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.55 and a quick ratio of 0.55.

Newmark Group (NASDAQ:NMRK) last posted its earnings results on Wednesday, July 29th. The company reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. Newmark Group had a return on equity of 27.07% and a net margin of 4.11%.The firm had revenue of $888.42 million during the quarter, compared to the consensus estimate of $865.24 million. During the same period in the prior year, the company earned $0.31 EPS. The company’s quarterly revenue was up 17.0% compared to the same quarter last year. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. As a group, equities analysts anticipate that Newmark Group, Inc. will post 1.97 earnings per share for the current fiscal year.

Newmark Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. Newmark Group’s dividend payout ratio (DPR) is presently 29.63%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on NMRK shares. Wall Street Zen downgraded Newmark Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 5th. UBS Group set a $22.00 price target on Newmark Group in a research note on Monday, August 10th. Keefe, Bruyette & Woods lifted their price objective on shares of Newmark Group from $18.00 to $18.50 and gave the company an “outperform” rating in a research report on Friday, May 1st. Zacks Research upgraded shares of Newmark Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Newmark Group in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $20.30.

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.