Barclays Issues Positive Forecast for Newmark Group (NASDAQ:NMRK) Stock Price

Key Points

• Barclays raised Newmark Group’s price target from $19 to $20 and maintained an “overweight” rating, implying approximately 32% upside from the prior close.
• Analyst sentiment is broadly positive: Newmark has an average “Buy” rating and a consensus price target of $20.30, with six of seven tracked analysts rating the stock Buy or Strong Buy.
• Newmark’s latest quarterly results met expectations with EPS of $0.39 and exceeded revenue forecasts, reporting $888.42 million in revenue—up 17% year over year.

Newmark Group (NASDAQ:NMRK - Get Free Report) had its price objective upped by stock analysts at Barclays from $19.00 to $20.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has an "overweight" rating on the stock. Barclays's target price suggests a potential upside of 32.13% from the stock's previous close.

A number of other research firms have also recently weighed in on NMRK. Citigroup reissued a "market outperform" rating on shares of Newmark Group in a research note on Monday, August 10th. Citizens Jmp increased their price objective on Newmark Group from $21.00 to $22.00 and gave the company a "market outperform" rating in a research report on Friday, May 1st. Keefe, Bruyette & Woods boosted their price target on shares of Newmark Group from $18.00 to $18.50 and gave the stock an "outperform" rating in a research note on Friday, May 1st. UBS Group set a $22.00 target price on Newmark Group in a research note on Monday, August 10th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Newmark Group in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $20.30.

Newmark Group Price Performance

NMRK stock traded down $0.11 on Monday, hitting $15.14. 17,792 shares of the company's stock traded hands, compared to its average volume of 1,463,219. The stock has a market cap of $2.74 billion, a price-to-earnings ratio of 18.62 and a beta of 1.68. Newmark Group has a 1-year low of $13.36 and a 1-year high of $19.83. The stock has a fifty day moving average of $15.22 and a 200-day moving average of $15.24. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50.

Newmark Group (NASDAQ:NMRK - Get Free Report) 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. The firm had revenue of $888.42 million during the quarter, compared to the consensus estimate of $865.24 million. Newmark Group had a return on equity of 27.07% and a net margin of 4.11%.The business's revenue for the quarter was up 17.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.31 EPS. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. On average, analysts forecast that Newmark Group will post 1.97 EPS for the current fiscal year.

Hedge Funds Weigh In On Newmark Group

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Ancora Advisors LLC bought a new stake in Newmark Group in the 2nd quarter valued at about $45,000. Cullen Capital Management LLC bought a new stake in Newmark Group during the second quarter valued at approximately $248,000. Globeflex Capital L P purchased a new position in Newmark Group in the second quarter worth $2,051,000. Great Lakes Advisors LLC bought a new position in shares of Newmark Group during the 2nd quarter valued at about $351,000. Finally, Handelsbanken Fonder AB raised its stake in shares of Newmark Group by 30.8% during the second quarter. Handelsbanken Fonder AB now owns 62,917 shares of the company's stock worth $951,000 after acquiring an additional 14,800 shares in the last quarter. Hedge funds and other institutional investors own 58.42% of the company's stock.

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.

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