Newmark Group (NASDAQ:NMRK) Posts Earnings Results, Hits Expectations

Newmark Group (NASDAQ:NMRK) released its quarterly earnings data on Wednesday. The company reported $0.39 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.39, FiscalAI reports. The company had revenue of $888.42 million for the quarter, compared to analyst estimates of $865.24 million. Newmark Group had a return on equity of 26.23% and a net margin of 4.30%.The firm’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.31 EPS. Newmark Group updated its FY 2026 guidance to 1.870-1.980 EPS.

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

• Strong second-quarter results: Revenue increased 17% to a record $888.4 million, while Adjusted EPS rose 25.8% to $0.39 and Adjusted EBITDA grew 22.1% to $139.2 million.
• Broad-based business growth continued: Management and servicing revenue increased 17.7%, leasing rose 17.2% on stronger office activity, and Capital Markets grew 16% as investment sales improved across multifamily, industrial, and office properties.
• Newmark raised its U.S. investment-sales ranking to number two for the first half of 2026, with executives citing strong pipelines, market-share gains, international expansion, and additional growth opportunities in data centers, digital infrastructure, affordable housing, and multifamily.
• Cash generation improved materially: Trailing-12-month Adjusted Free Cash Flow increased 71.6% to $391.1 million, while net leverage remained low at approximately 1.0 times.
• Full-year guidance was maintained rather than raised: Management continues to expect approximately 16% revenue growth, 19% Adjusted EPS growth, and 20% Adjusted EBITDA growth, citing tougher second-half comparisons and uncertainty around the timing of large transactions. Capital allocation is shifting toward potential M&A, with buybacks expected to resume if acquisitions do not close.

Newmark Group Price Performance

Shares of Newmark Group stock traded down $0.81 during trading on Wednesday, hitting $15.38. 1,159,045 shares of the stock traded hands, compared to its average volume of 1,463,943. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.50. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 19.03 and a beta of 1.68. The firm’s fifty day moving average is $15.04 and its 200-day moving average is $15.45. Newmark Group has a 52 week low of $13.36 and a 52 week high of $19.83.

Newmark Group News Summary

Here are the key news stories impacting Newmark Group this week:

• Positive Sentiment: Newmark reported second-quarter revenue of $888.4 million, up 17% year over year and above the $865.2 million consensus estimate. Earnings were $0.39 per share, compared with $0.31 a year earlier, while management declared its quarterly dividend. Newmark Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company maintained full-year 2026 revenue guidance of $3.8 billion to $3.9 billion, broadly consistent with analyst expectations, supporting the outlook for continued growth. Newmark Reports Second Quarter 2026 Financial Results

Institutional Investors Weigh In On Newmark Group

Institutional investors have recently made changes to their positions in the business. Focus Partners Wealth grew its holdings in shares of Newmark Group by 4.6% during the 3rd quarter. Focus Partners Wealth now owns 14,176 shares of the company’s stock valued at $264,000 after purchasing an additional 619 shares during the last quarter. Larson Financial Group LLC lifted its stake in Newmark Group by 98.9% in the third quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock worth $34,000 after purchasing an additional 915 shares during the last quarter. Fox Run Management L.L.C. boosted its position in 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 valued at $251,000 after buying an additional 1,091 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in Newmark Group by 7.6% during the third 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 period. Finally, Advisory Services Network LLC purchased a new stake in Newmark Group during the third quarter valued at about $29,000. Hedge funds and other institutional investors own 58.42% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on NMRK. Zacks Research raised Newmark Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Piper Sandler restated an “overweight” rating and issued a $19.00 price objective on shares of Newmark Group in a research report on Monday, June 29th. Wall Street Zen raised shares of Newmark Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Weiss Ratings raised shares of Newmark Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Finally, Citizens Jmp increased their target price on shares of Newmark Group from $21.00 to $22.00 and gave the stock a “market outperform” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Newmark Group has a consensus rating of “Buy” and an average target price of $19.62.

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.