Newmark Group (NASDAQ:NMRK) Given New $14.00 Price Target at Piper Sandler

Key Points

• Piper Sandler lowered Newmark Group’s price target to $14 from $19 while maintaining an “overweight” rating, implying 17.92% upside from the prior close.
• Newmark shares traded at $11.87, near their 12-month low of $11.55. Despite recent analyst downgrades, the stock has a consensus “Moderate Buy” rating and an average target of $18.80.
• Newmark’s latest quarterly results met EPS expectations at $0.39 and exceeded revenue estimates with $888.42 million, up 17% year over year; management issued fiscal 2026 EPS guidance of $1.87–$1.98.

Newmark Group (NASDAQ:NMRK - Get Free Report) had its price target reduced by investment analysts at Piper Sandler from $19.00 to $14.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage currently has an "overweight" rating on the stock. Piper Sandler's price objective points to a potential upside of 17.92% from the company's previous close.

NMRK has been the subject of several other reports. UBS Group set a $22.00 target price on shares of Newmark Group in a research report on Monday, August 10th. Wall Street Zen cut Newmark Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, August 5th. Zacks Research downgraded Newmark Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 18th. Weiss Ratings downgraded Newmark Group from a "hold (c+)" rating to a "hold (c)" rating in a research report on Monday, September 28th. Finally, Keefe, Bruyette & Woods dropped their price target on Newmark Group from $17.50 to $16.00 and set an "outperform" rating for the company in a research note on Friday. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $18.80.

Newmark Group Price Performance

Shares of NASDAQ NMRK traded down $0.25 during midday trading on Monday, hitting $11.87. 758,730 shares of the company's stock were exchanged, compared to its average volume of 1,541,688. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The business's fifty day moving average price is $14.39 and its two-hundred day moving average price is $14.94. The company has a market cap of $2.15 billion, a price-to-earnings ratio of 14.71 and a beta of 1.76. Newmark Group has a 12-month low of $11.55 and a 12-month high of $19.83.

Newmark Group (NASDAQ:NMRK - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.39 EPS for the quarter, hitting analysts' consensus estimates of $0.39. The firm had revenue of $888.42 million for the quarter, compared to analyst estimates of $865.24 million. Newmark Group had a net margin of 4.11% and a return on equity of 27.07%. The business's revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.31 EPS. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. As a group, research analysts forecast that Newmark Group will post 1.97 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Tidal Investments LLC purchased a new stake in shares of Newmark Group in the 2nd quarter worth about $550,000. Arizona State Retirement System boosted its stake in shares of Newmark Group by 2.8% during the 2nd quarter. Arizona State Retirement System now owns 42,768 shares of the company's stock valued at $646,000 after purchasing an additional 1,161 shares in the last quarter. Nykredit A S bought a new stake in shares of Newmark Group during the 2nd quarter valued at about $41,000. Corient Private Wealth LP increased its position in shares of Newmark Group by 16.8% during the second quarter. Corient Private Wealth LP now owns 50,444 shares of the company's stock valued at $762,000 after buying an additional 7,247 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Newmark Group during the second quarter valued at about $553,000. Institutional investors own 58.42% of the company's stock.

Newmark Group Company Profile

Newmark Group, Inc is a commercial real estate services company that provides advisory, transaction, and property-related services to corporations, institutional investors, landlords, tenants, and other real estate owners and users. Its business spans office, industrial, retail, multifamily, hospitality, and other property sectors.

The company's services include leasing, investment sales, debt and structured finance, valuation and advisory, property management, and facilities management.

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