Globeflex Capital L P Takes Position in Newmark Group, Inc. $NMRK

Globeflex Capital L P purchased a new stake in shares of Newmark Group, Inc. (NASDAQ:NMRK) during the 2nd quarter, Holdings Channel reports. The fund purchased 135,726 shares of the company’s stock, valued at approximately $2,051,000.

A number of other institutional investors also recently bought and sold shares of NMRK. Advisory Services Network LLC purchased a new position in Newmark Group during the third quarter worth $29,000. Millstone Evans Group LLC raised its stake in shares of Newmark Group by 366.3% in the first quarter. Millstone Evans Group LLC now owns 1,646 shares of the company’s stock valued at $25,000 after acquiring an additional 1,293 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Newmark Group by 98.9% in the 3rd quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock worth $34,000 after acquiring an additional 915 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Newmark Group by 42.4% in the 4th quarter. Farther Finance Advisors LLC now owns 2,676 shares of the company’s stock worth $46,000 after acquiring an additional 797 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Newmark Group by 4,587.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,687 shares of the company’s stock worth $82,000 after acquiring an additional 4,587 shares during the last quarter. 58.42% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

NMRK has been the topic of several analyst reports. Zacks Research upgraded shares of Newmark Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Citigroup restated a “market outperform” rating on shares of Newmark Group in a research report on Monday, August 10th. Keefe, Bruyette & Woods increased their price target on Newmark Group from $18.00 to $18.50 and gave the stock an “outperform” rating in a report on Friday, May 1st. Wall Street Zen lowered Newmark Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Newmark Group in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $20.30.

Newmark Group Stock Performance

Newmark Group stock opened at $16.07 on Tuesday. The company has a 50 day moving average price of $15.32 and a 200-day moving average price of $15.18. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.55. Newmark Group, Inc. has a fifty-two week low of $13.36 and a fifty-two week high of $19.83. The company has a market capitalization of $2.91 billion, a PE ratio of 19.84 and a beta of 1.68.

Newmark Group (NASDAQ:NMRK) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. Newmark Group had a return on equity of 27.07% and a net margin of 4.11%.The company had revenue of $888.42 million for the quarter, compared to analysts’ expectations of $865.24 million. During the same quarter in the prior year, the firm earned $0.31 earnings per share. Newmark Group’s revenue was up 17.0% compared to the same quarter last year. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. As a group, equities analysts forecast that Newmark Group, Inc. will post 1.97 earnings per share for the current year.

Newmark Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, August 14th. Newmark Group’s dividend payout ratio is currently 29.63%.

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.