SG Americas Securities LLC Acquires 91,094 Shares of Newmark Group, Inc. $NMRK

SG Americas Securities LLC grew its stake in shares of Newmark Group, Inc. (NASDAQ:NMRK) by 330.3% during the third quarter, Holdings Channel reports. The institutional investor owned 118,672 shares of the company’s stock after purchasing an additional 91,094 shares during the quarter. SG Americas Securities LLC’s holdings in Newmark Group were worth $2,213,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. CWM LLC boosted its holdings in Newmark Group by 6.3% during the 3rd quarter. CWM LLC now owns 12,531 shares of the company’s stock valued at $234,000 after acquiring an additional 738 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of Newmark Group by 4.6% during the second quarter. Teacher Retirement System of Texas now owns 21,743 shares of the company’s stock valued at $264,000 after purchasing an additional 949 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in shares of Newmark Group by 8.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 12,515 shares of the company’s stock worth $152,000 after purchasing an additional 968 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al increased its stake in shares of Newmark Group by 11.1% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 12,000 shares of the company’s stock worth $224,000 after buying an additional 1,200 shares during the period. Finally, Global Retirement Partners LLC increased its stake in shares of Newmark Group by 135.9% in the third quarter. Global Retirement Partners LLC now owns 2,326 shares of the company’s stock worth $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 equities research analysts have weighed in on the stock. Citigroup reissued a “market outperform” rating on shares of Newmark Group in a research report on Thursday, December 18th. Zacks Research lowered shares of Newmark Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Newmark Group in a research note on Wednesday, October 8th. Barclays began coverage on Newmark Group in a research report on Tuesday, December 2nd. They set an “overweight” rating and a $21.00 price target for the company. Finally, Wall Street Zen upgraded Newmark Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 15th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $18.43.

Newmark Group Price Performance

Shares of NASDAQ NMRK opened at $17.00 on Wednesday. Newmark Group, Inc. has a 1 year low of $9.65 and a 1 year high of $19.83. The stock has a market capitalization of $3.07 billion, a P/E ratio of 29.83 and a beta of 1.93. The company’s 50-day moving average is $17.16 and its 200 day moving average is $16.86. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.39 and a quick ratio of 0.39.

Newmark Group (NASDAQ:NMRK) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.01. Newmark Group had a return on equity of 23.69% and a net margin of 3.26%.The business had revenue of $863.46 million for the quarter, compared to analysts’ expectations of $767.12 million. During the same period in the previous year, the firm posted $0.33 EPS. The business’s revenue was up 25.9% on a year-over-year basis. Newmark Group has set its FY 2025 guidance at 1.530-1.630 EPS. On average, sell-side analysts expect that Newmark Group, Inc. will post 1.45 earnings per share for the current year.

Newmark Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Monday, November 17th were paid 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 Monday, November 17th. Newmark Group’s dividend payout ratio is presently 21.05%.

Newmark Group 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.