Newmark Group (NASDAQ:NMRK) Updates FY 2025 Earnings Guidance

Newmark Group (NASDAQ:NMRK) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 1.400-1.500 for the period, compared to the consensus earnings per share estimate of 1.410. The company issued revenue guidance of $2.9 billion-$3.1 billion, compared to the consensus revenue estimate of $3.0 billion. Newmark Group also updated its FY25 guidance to $1.40-1.50 EPS.

Analyst Upgrades and Downgrades

Several brokerages have commented on NMRK. The Goldman Sachs Group began coverage on Newmark Group in a report on Friday, December 6th. They set a “buy” rating and a $19.00 target price on the stock. Wolfe Research downgraded Newmark Group from an “outperform” rating to a “peer perform” rating in a report on Monday, November 25th.

Newmark Group Stock Performance

NMRK stock opened at $14.69 on Friday. The stock has a 50-day moving average price of $13.51 and a 200-day moving average price of $14.11. Newmark Group has a 1-year low of $9.44 and a 1-year high of $16.10. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.52. The firm has a market cap of $2.51 billion, a PE ratio of 48.97 and a beta of 1.99.

Newmark Group (NASDAQ:NMRK) last posted its quarterly earnings data on Friday, February 14th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.07. Newmark Group had a return on equity of 18.95% and a net margin of 2.00%. The firm had revenue of $888.30 million during the quarter, compared to analyst estimates of $790.76 million. During the same period last year, the company posted $0.46 EPS. The business’s quarterly revenue was up 18.9% on a year-over-year basis. As a group, equities research analysts expect that Newmark Group will post 1.16 earnings per share for the current year.

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.