Newmark Group (NASDAQ:NMRK) Releases FY 2025 Earnings Guidance

Newmark Group (NASDAQ:NMRK) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 1.400-1.500 for the period, compared to the consensus estimate of 1.410. The company issued revenue guidance of $2.9 billion-$3.1 billion, compared to the consensus revenue estimate of $3.0 billion. Newmark Group also updated its FY25 guidance to $1.40-1.50 EPS.

Newmark Group Price Performance

Newmark Group stock opened at $14.69 on Friday. The stock’s fifty day moving average price is $13.51 and its two-hundred day moving average price is $14.11. Newmark Group has a one year low of $9.44 and a one year high of $16.10. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.42 and a quick ratio of 0.42. The firm has a market cap of $2.51 billion, a PE ratio of 48.97 and a beta of 1.99.

Newmark Group (NASDAQ:NMRK) last posted its quarterly earnings data on Friday, February 14th. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.07. Newmark Group had a return on equity of 18.95% and a net margin of 2.00%. The firm had revenue of $888.30 million for the quarter, compared to analyst estimates of $790.76 million. During the same quarter last year, the company earned $0.46 EPS. The company’s revenue was up 18.9% on a year-over-year basis. As a group, research analysts expect that Newmark Group will post 1.16 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wolfe Research lowered Newmark Group from an “outperform” rating to a “peer perform” rating in a research note on Monday, November 25th. The Goldman Sachs Group started coverage on Newmark Group in a research note on Friday, December 6th. They issued a “buy” rating and a $19.00 price target on the stock.

About Newmark Group

Newmark Group, Inc provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners.