Segall Bryant & Hamill LLC Has $4.08 Million Holdings in Newmark Group, Inc. $NMRK

Segall Bryant & Hamill LLC cut its holdings in shares of Newmark Group, Inc. (NASDAQ:NMRK) by 17.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 218,840 shares of the company’s stock after selling 45,994 shares during the period. Segall Bryant & Hamill LLC’s holdings in Newmark Group were worth $4,081,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of NMRK. Kingsview Wealth Management LLC bought a new position in shares of Newmark Group during the 3rd quarter valued at about $323,000. Quantbot Technologies LP raised its holdings in Newmark Group by 2,289.5% during the 3rd quarter. Quantbot Technologies LP now owns 157,827 shares of the company’s stock worth $2,943,000 after buying an additional 151,222 shares during the period. Xponance Inc. lifted its stake in Newmark Group by 15.9% in the third quarter. Xponance Inc. now owns 12,242 shares of the company’s stock valued at $228,000 after buying an additional 1,683 shares in the last quarter. Counterpoint Mutual Funds LLC acquired a new position in shares of Newmark Group in the third quarter valued at approximately $349,000. Finally, Brummer Multi Strategy AB acquired a new position in shares of Newmark Group in the third quarter valued at approximately $3,535,000. Institutional investors and hedge funds own 58.42% of the company’s stock.

Newmark Group Trading Down 2.5%

Newmark Group stock opened at $14.71 on Friday. The company has a market cap of $2.65 billion, a price-to-earnings ratio of 21.63 and a beta of 1.89. The firm has a 50-day moving average of $16.42 and a 200-day moving average of $17.35. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.51 and a quick ratio of 0.39. Newmark Group, Inc. has a one year low of $9.65 and a one year high of $19.83.

Newmark Group (NASDAQ:NMRK) last released its earnings results on Wednesday, February 25th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.03. Newmark Group had a return on equity of 24.97% and a net margin of 3.83%.The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $998.86 million. During the same quarter in the previous year, the business earned $0.55 earnings per share. Newmark Group’s quarterly revenue was up 15.3% on a year-over-year basis. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. On average, equities analysts expect that Newmark Group, Inc. will post 1.45 earnings per share for the current fiscal year.

Newmark Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.03 per share. The ex-dividend date is Friday, March 13th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.8%. Newmark Group’s dividend payout ratio is currently 17.65%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on NMRK. Wall Street Zen lowered shares of Newmark Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 28th. Keefe, Bruyette & Woods dropped their price target on Newmark Group from $22.00 to $18.00 and set an “outperform” rating on the stock in a research note on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Newmark Group in a report on Thursday, January 22nd. Barclays started coverage on Newmark Group in a report on Tuesday, December 2nd. They set an “overweight” rating and a $21.00 price objective for the company. Finally, Citigroup restated a “market outperform” rating on shares of Newmark Group in a research note on Thursday, December 18th. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $18.00.

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.