Newmark Group (NMRK) to Release Earnings on Wednesday

Newmark Group (NASDAQ:NMRK - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Wednesday, July 30th. Analysts expect Newmark Group to post earnings of $0.26 per share and revenue of $695.24 million for the quarter. Newmark Group has set its FY 2025 guidance at 1.400-1.50 EPS.

Newmark Group (NASDAQ:NMRK - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.19 by $0.02. Newmark Group had a net margin of 2.39% and a return on equity of 21.85%. The firm had revenue of $665.49 million during the quarter, compared to analysts' expectations of $609.28 million. During the same quarter last year, the business earned $0.15 earnings per share. The business's revenue for the quarter was up 21.8% compared to the same quarter last year. On average, analysts expect Newmark Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Newmark Group Price Performance

Shares of NASDAQ NMRK traded up $0.13 during midday trading on Friday, hitting $13.59. The company had a trading volume of 1,077,896 shares, compared to its average volume of 1,180,406. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.50. Newmark Group has a twelve month low of $9.65 and a twelve month high of $16.10. The business has a 50-day simple moving average of $11.82 and a two-hundred day simple moving average of $12.26. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 34.85 and a beta of 1.93.

Newmark Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Wednesday, May 14th were issued a dividend of $0.03 per share. The ex-dividend date was Wednesday, May 14th. This represents a $0.12 annualized dividend and a yield of 0.88%. Newmark Group's dividend payout ratio (DPR) is currently 30.77%.

Analysts Set New Price Targets

Several equities analysts have weighed in on NMRK shares. JMP Securities started coverage on shares of Newmark Group in a report on Monday, July 21st. They set a "market outperform" rating and a $17.00 target price for the company. Piper Sandler lowered their price target on shares of Newmark Group from $19.00 to $16.00 and set an "overweight" rating for the company in a report on Monday, May 5th. Citizens Jmp initiated coverage on shares of Newmark Group in a report on Monday, July 21st. They set a "strong-buy" rating and a $17.00 price target for the company. Keefe, Bruyette & Woods lifted their price target on shares of Newmark Group from $14.00 to $15.00 and gave the stock an "outperform" rating in a report on Thursday. Finally, Wolfe Research upgraded shares of Newmark Group from a "peer perform" rating to an "outperform" rating and set a $14.00 target price for the company in a report on Friday, May 23rd. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $16.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its stake in shares of Newmark Group by 2.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,481,417 shares of the company's stock worth $30,199,000 after buying an additional 55,628 shares during the last quarter. Jane Street Group LLC increased its stake in Newmark Group by 148.3% during the first quarter. Jane Street Group LLC now owns 390,633 shares of the company's stock valued at $4,754,000 after purchasing an additional 233,330 shares during the last quarter. Intech Investment Management LLC increased its stake in Newmark Group by 39.3% during the first quarter. Intech Investment Management LLC now owns 127,299 shares of the company's stock valued at $1,549,000 after purchasing an additional 35,926 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Newmark Group by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 78,330 shares of the company's stock valued at $953,000 after purchasing an additional 3,430 shares during the last quarter. Finally, Royal Bank of Canada grew its position in shares of Newmark Group by 16.5% during the first quarter. Royal Bank of Canada now owns 44,977 shares of the company's stock worth $546,000 after acquiring an additional 6,375 shares during the last quarter. 58.42% of the stock is currently owned by hedge funds and other institutional investors.

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.