Newmark Group (NASDAQ:NMRK) Posts Earnings Results, Beats Expectations By $0.03 EPS

Newmark Group (NASDAQ:NMRK) posted its quarterly earnings results on Wednesday. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.65 by $0.03, FiscalAI reports. Newmark Group had a net margin of 3.26% and a return on equity of 23.69%. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $998.86 million. During the same period last year, the company posted $0.55 earnings per share. The firm’s quarterly revenue was up 15.3% compared to the same quarter last year. Newmark Group updated its FY 2026 guidance to 1.820-1.920 EPS.

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

• Record results: Q4 total revenues rose ~15% to just over $1.0B and adjusted EPS increased ~24% to $0.68, driven by best-ever leasing and recurring revenue performance.
• 2026 outlook: Company expects FY26 revenues of $3.7–$3.8B (≈+13.8% at midpoint), adjusted EBITDA of $635–$675M and adjusted EPS of $1.82–$1.92, targeting double-digit top- and bottom-line growth again.
• Strong cash & capital allocation: Newmark generated $518.4M of cash from operations, adjusted free cash flow of $268.9M, ended with net leverage ~0.8x, and increased buyback authorization to $400M (repurchased $127.1M in 2025).
• Potential margin/tax headwind: Management expects an adjusted earnings tax rate of 13%–15% in 2026 (vs. 11.4% in 2025) and indicated leasing may be below the midpoint of guidance, which could pressure EPS/revenue upside.
• AI & data strategy: Management sees AI and proprietary data as a material tailwind for leasing, data centers, valuation and efficiency-driven margin gains, but notes the opportunity is early and outcomes are uncertain.

Newmark Group Trading Down 1.0%

Shares of NMRK traded down $0.14 on Wednesday, reaching $14.58. 248,045 shares of the company’s stock were exchanged, compared to its average volume of 1,281,194. The stock has a market capitalization of $2.63 billion, a P/E ratio of 25.59 and a beta of 1.91. Newmark Group has a 12 month low of $9.65 and a 12 month high of $19.83. The business has a 50 day moving average price of $16.83 and a two-hundred day moving average price of $17.47. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.46.

Institutional Investors Weigh In On Newmark Group

A number of hedge funds have recently modified their holdings of the business. Focus Partners Wealth increased its position in shares of Newmark Group by 4.6% during the third quarter. Focus Partners Wealth now owns 14,176 shares of the company’s stock worth $264,000 after acquiring an additional 619 shares in the last quarter. Larson Financial Group LLC lifted its holdings 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 purchasing an additional 915 shares in the last quarter. Fox Run Management L.L.C. boosted its position in shares of Newmark Group by 8.1% during the fourth quarter. Fox Run Management L.L.C. now owns 14,489 shares of the company’s stock worth $251,000 after buying an additional 1,091 shares during the period. Mercer Global Advisors Inc. ADV raised its position in Newmark Group by 7.6% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 21,770 shares of the company’s stock valued at $406,000 after buying an additional 1,546 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in Newmark Group in the 3rd quarter valued at approximately $29,000. Institutional investors and hedge funds own 58.42% of the company’s stock.

Analyst Ratings Changes

NMRK has been the subject of several research reports. Keefe, Bruyette & Woods lifted their price target on Newmark Group from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Thursday, January 8th. Wall Street Zen raised shares of Newmark Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 15th. Citigroup reiterated a “market outperform” rating on shares of Newmark Group in a research note on Thursday, December 18th. Barclays started coverage on Newmark Group in a research note on Tuesday, December 2nd. They issued an “overweight” rating and a $21.00 price objective on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Newmark Group in a report on Thursday, January 22nd. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $18.67.

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.