Newmark Group (NMRK) Projected to Post Quarterly Earnings on Wednesday

Newmark Group (NASDAQ:NMRK - Get Free Report) is projected to announce its Q2 2025 earnings results before the market opens on Wednesday, July 30th. Analysts expect the company to announce 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 posted its earnings results on Wednesday, April 30th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.02. The company had revenue of $665.49 million for the quarter, compared to analyst estimates of $609.28 million. Newmark Group had a net margin of 2.39% and a return on equity of 21.85%. The business's revenue for the quarter was up 21.8% compared to the same quarter last year. During the same period last year, the business posted $0.15 earnings per share. 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 Trading Up 2.7%

NMRK opened at $13.10 on Wednesday. The firm's fifty day moving average is $11.68 and its two-hundred day moving average is $12.23. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.47 and a current ratio of 0.47. The firm has a market cap of $2.42 billion, a PE ratio of 33.59 and a beta of 1.93. Newmark Group has a twelve month low of $9.65 and a twelve month high of $16.10.

Newmark Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Wednesday, May 14th were issued a $0.03 dividend. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $0.12 annualized dividend and a yield of 0.92%. Newmark Group's dividend payout ratio (DPR) is presently 30.77%.

Analysts Set New Price Targets

A number of research firms recently weighed in on NMRK. Keefe, Bruyette & Woods decreased their target price on shares of Newmark Group from $14.50 to $14.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Citizens Jmp started coverage on shares of Newmark Group in a research report on Monday. They issued a "strong-buy" rating and a $17.00 price objective for the company. JMP Securities started coverage on shares of Newmark Group in a research report on Monday. They issued a "market outperform" rating and a $17.00 price objective for the company. Wolfe Research raised shares of Newmark Group from a "peer perform" rating to an "outperform" rating and set a $14.00 price objective for the company in a research report on Friday, May 23rd. Finally, Piper Sandler decreased their price objective on shares of Newmark Group from $19.00 to $16.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Newmark Group has a consensus rating of "Buy" and an average price target of $15.83.

Hedge Funds Weigh In On Newmark Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. raised its holdings in Newmark Group by 2.3% during 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 holdings in Newmark Group by 148.3% during the first quarter. Jane Street Group LLC now owns 390,633 shares of the company's stock worth $4,754,000 after buying an additional 233,330 shares during the last quarter. Intech Investment Management LLC increased its holdings in Newmark Group by 39.3% during the first quarter. Intech Investment Management LLC now owns 127,299 shares of the company's stock worth $1,549,000 after buying an additional 35,926 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Newmark Group by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 78,330 shares of the company's stock worth $953,000 after purchasing an additional 3,430 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Newmark Group by 16.5% in the first quarter. Royal Bank of Canada now owns 44,977 shares of the company's stock worth $546,000 after purchasing an additional 6,375 shares in the last quarter. 58.42% of the stock is currently owned by institutional investors and hedge funds.

Newmark Group Company Profile

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.

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