Newmark Group (NASDAQ:NMRK) Sets New 12-Month Low - Should You Sell?

Key Points

• Newmark Group shares fell 5.1% to a new 52-week low of $13.28, below both their 50-day and 200-day moving averages. The stock has a market capitalization of approximately $2.4 billion and a beta of 1.67.
• Despite the decline, analysts maintain an overall “Moderate Buy” rating, with five Buy ratings and two Holds and an average price target of $20.30—substantially above the recent trading price.
• Newmark reported quarterly EPS of $0.39, in line with expectations, while revenue of $888.42 million exceeded estimates and increased 17% year over year. The company also pays a quarterly dividend of $0.06, representing a 1.8% annualized yield.

Newmark Group, Inc. (NASDAQ:NMRK - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $13.28 and last traded at $13.2650, with a volume of 543920 shares traded. The stock had previously closed at $13.94.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on NMRK shares. Weiss Ratings restated a "hold (c+)" rating on shares of Newmark Group in a research note on Friday, August 7th. Wall Street Zen cut Newmark Group from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, August 5th. Citigroup reissued a "market outperform" rating on shares of Newmark Group in a report on Monday, August 10th. Barclays lifted their target price on shares of Newmark Group from $19.00 to $20.00 and gave the company an "overweight" rating in a research report on Monday, August 17th. Finally, Zacks Research lowered shares of Newmark Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 18th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $20.30.

Newmark Group Trading Down 5.1%

The company's fifty day moving average price is $15.13 and its two-hundred day moving average price is $15.11. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.50. The company has a market cap of $2.40 billion, a price-to-earnings ratio of 16.38 and a beta of 1.67.

Newmark Group (NASDAQ:NMRK - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.39 earnings per share (EPS) for the quarter, meeting 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. Research analysts expect that Newmark Group, Inc. will post 1.97 earnings per share for the current year.

Newmark Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.8%. The ex-dividend date was Friday, August 14th. Newmark Group's dividend payout ratio (DPR) is presently 29.63%.

Institutional Trading of Newmark Group

Several hedge funds have recently modified their holdings of NMRK. Tidal Investments LLC bought a new position in Newmark Group in the 2nd quarter worth approximately $550,000. Arizona State Retirement System raised its position in shares of Newmark Group by 2.8% during the second quarter. Arizona State Retirement System now owns 42,768 shares of the company's stock worth $646,000 after acquiring an additional 1,161 shares during the last quarter. Nykredit A S acquired a new position in shares of Newmark Group during the second quarter valued at $41,000. Corient Private Wealth LP boosted its holdings in Newmark Group by 16.8% in the second quarter. Corient Private Wealth LP now owns 50,444 shares of the company's stock valued at $762,000 after acquiring an additional 7,247 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Newmark Group in the second quarter worth about $553,000. 58.42% of the stock is owned by institutional investors.

Newmark Group Company Profile

Newmark Group, Inc is a commercial real estate services company that provides advisory, transaction, and property-related services to corporate, institutional, and private clients. Its activities include office and industrial leasing, investment sales, debt and equity placement, valuation, consulting, and corporate real estate advisory.

The company also offers property management, facilities management, project management, and other services intended to support the ownership, operation, and strategic planning of commercial real estate.

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