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Newmark Group’s Stock Buyback from Howard Lutnick

Story Highlights
  • Howard W. Lutnick sold 10,969,523 shares to Newmark for $127 million.
  • Lutnick transferred voting shares to trusts, keeping Cantor Fitzgerald as Newmark’s largest shareholder.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Newmark Group ( (NMRK) ) has issued an update.

On May 16, 2025, Howard W. Lutnick, the U.S. Secretary of Commerce and former Executive Chairman of Newmark Group, agreed to sell 10,969,523 shares of Class A Common Stock back to the company as part of a divestiture to comply with U.S. government ethics rules. The transaction, valued at $127,027,077, is part of Newmark’s stock repurchase program and is expected to enhance shareholder value. Additionally, Mr. Lutnick transferred his voting shares of CFGM and other interests to trusts controlled by Brandon G. Lutnick, ensuring that Cantor Fitzgerald remains Newmark’s largest shareholder.

The most recent analyst rating on (NMRK) stock is a Buy with a $19.00 price target. To see the full list of analyst forecasts on Newmark Group stock, see the NMRK Stock Forecast page.

Spark’s Take on NMRK Stock

According to Spark, TipRanks’ AI Analyst, NMRK is a Neutral.

Newmark Group’s stock score reflects a blend of moderate financial performance with strong revenue growth but profitability and cash flow challenges. While the earnings call highlighted positive growth prospects, technical indicators suggest cautious sentiment due to potential overbought conditions. The high P/E ratio raises valuation concerns. The recent executive appointment adds a positive note, indicating a strategic focus on efficiency and growth.

To see Spark’s full report on NMRK stock, click here.

More about Newmark Group

Newmark Group, Inc. is a leading commercial real estate advisor and service provider, offering a comprehensive suite of services and products tailored to clients ranging from owners and occupiers to investors and startups. With a global reach and market intelligence, Newmark operates from 165 offices with approximately 8,100 professionals across four continents, generating revenues of over $2.8 billion for the twelve months ending March 31, 2025.

Average Trading Volume: 1,097,247

Technical Sentiment Signal: Hold

Current Market Cap: $2.14B

For an in-depth examination of NMRK stock, go to TipRanks’ Stock Analysis page.

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