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Newmark Group (NMRK) AI Stock Analysis
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Newmark Group
(NASDAQ:NMRK)
The score is anchored by improving (but still mixed) financial performance and a strong, guidance-supported earnings-call outlook pointing to record 2026 results. These positives are tempered by weak technical trends (price below key moving averages and negative MACD) and balance-sheet/cash-flow volatility risks, while valuation is reasonable but not a major differentiator.
Newmark Group (NMRK) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $1.84B
- Dividend Yield
- 1.56%
- Average Volume (3M)
- 1.81M
- Price to Earnings (P/E)
- 13.7
- Beta (1Y)
- 1.18
- Revenue Growth
- 16.50%
- EPS Growth
- 41.22%
- Country
- US
- Employees
- 8,800
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Services
Newmark Group Business Overview & Revenue Model
Company Description
Newmark Group, Inc., a venerable New York City-based enterprise established in 1929, offers a full spectrum of commercial property services both domestically within the United States and across international markets. The company’s diverse service por...
How the Company Makes Money
Newmark primarily makes money by earning fees and commissions for advising and executing commercial real estate transactions and by collecting recurring fees for ongoing real estate management and advisory services. Key revenue streams typically incl...
Newmark Group Earnings Call Summary
The call was broadly positive, supported by record third-quarter revenue, double-digit growth in Management Services, Servicing Fees, and Leasing, higher adjusted EPS and EBITDA, market-share gains, strong recurring-revenue expansion, continued investment, and expectations for record full-year 2026 results. The main challenges were macroeconomic volatility, slower and less certain transaction closings, lower Capital Markets and GSE activity, higher expense and tax rates, expected moderation in Leasing growth, and a wide range of potential 2027 outcomes. Highlights significantly outweighed the lowlights.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
For 2026, Newmark expects total revenues between $3.7 billion and $3.8 billion, an increase of 12%-15%; adjusted EBITDA in the range of $629 million-$667 million, an increase of 12%-19%; an adjusted earnings tax rate between 13% and 15% versus 11.4%; and adjusted EPS between $1.80 and $1.90, up 11%-17%, which would be Newmark's best ever full-year revenue, adjusted EBITDA, and adjusted EPS performance. For 2027, it is too early to discuss guidance; the company expects the fundamentals of its recurring businesses to remain strong and continue to expect double-digit growth, Leasing volumes to improve, albeit with single-digit gains, and industry Capital Markets volumes to be down through at least the first half of next year; excluding any new acquisitions, it currently believes 2027 earnings will be ±10% as compared with its record 2026 results.
Newmark Group Financial Statement Overview
Summary
Financials show a recovery versus 2023–2024: modest TTM revenue growth (~3%), positive profitability (EBITDA margin ~13.8%, net margin ~4.1%), and positive TTM operating/free cash flow (~$447M/~$407M). Offsetting this, leverage remains meaningful (TTM debt-to-equity ~1.50) and cash flow has been historically volatile with a sharp recent free-cash-flow decline (~-49%), limiting the score.
Income Statement
63PositiveBalance Sheet
58NeutralCash Flow
54Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.71B | 3.34B | 2.74B | 2.47B | 2.71B | 2.91B |
| Gross Profit | 3.58B | 3.16B | 2.74B | 2.47B | 2.71B | 2.91B |
| EBITDA | 460.32M | 415.31M | 337.34M | 291.44M | 351.38M | 1.38B |
| Net Income | 151.03M | 126.19M | 61.23M | 42.58M | 83.28M | 750.73M |
Balance Sheet | ||||||
| Total Assets | 5.76B | 5.02B | 4.71B | 4.47B | 3.94B | 5.22B |
| Cash, Cash Equivalents and Short-Term Investments | 239.98M | 349.29M | 197.69M | 164.89M | 233.80M | 715.90M |
| Total Debt | 2.61B | 2.00B | 2.02B | 1.75B | 1.41B | 2.40B |
| Total Liabilities | 3.98B | 3.27B | 3.17B | 2.89B | 2.42B | 3.55B |
| Stockholders Equity | 1.78B | 1.46B | 1.21B | 1.25B | 1.18B | 1.28B |
Cash Flow | ||||||
| Free Cash Flow | 406.54M | 142.63M | -43.05M | -321.32M | 1.13B | -68.43M |
| Operating Cash Flow | 447.25M | 172.00M | -9.94M | -265.96M | 1.20B | -48.71M |
| Investing Cash Flow | -269.20M | -198.11M | -33.43M | -49.74M | 308.63M | 453.09M |
| Financing Cash Flow | -163.26M | -44.85M | 89.53M | 261.46M | -1.46B | -396.28M |
Newmark Group Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NMRK, the sentiment is Negative. The current price of 11.52 is below the 20-day moving average (MA) of 11.82, below the 50-day MA of 13.30, and below the 200-day MA of 14.78, indicating a bearish trend. The MACD of -0.47 indicates Negative momentum. The RSI at 41.15 is Neutral, neither overbought nor oversold. The STOCH value of 52.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NMRK.
Newmark Group Risk Analysis
Newmark Group disclosed 55 risk factors in its most recent earnings report. Newmark Group reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksNewmark Group Peers Comparison
Overall Rating
JLL79Outperform
CSGP67Neutral
CBRE60Neutral- NMRK60Neutral
CWK57Neutral
MMI52Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JLL | 79Outperform | $16.43B | 15.28 | 14.64% | ― | 11.40% | 76.93% |
| CSGP | 67Neutral | $12.14B | 68.99 | 2.23% | ― | 20.20% | 745.11% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| CBRE | 60Neutral | $37.13B | 27.41 | 16.03% | ― | 14.17% | 15.41% |
| NMRK | 60Neutral | $2.09B | 13.73 | 9.93% | 1.56% | 16.50% | 41.22% |
| CWK | 57Neutral | $3.12B | 45.58 | 3.50% | ― | 11.04% | -66.92% |
| MMI | 52Neutral | $1.06B | 76.46 | 2.44% | 1.79% | 11.89% | ― |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| NMRK | Newmark | 11.52 | -5.80 | -33.47% | |
| CBRE | Cbre Group | 128.85 | -21.76 | -14.45% | |
| CSGP | CoStar Group | 30.17 | -39.21 | -56.51% | |
| JLL | Jones Lang Lasalle | 359.79 | 59.73 | 19.91% | |
| MMI | Marcus & Millichap Inc | 28.00 | -0.83 | -2.89% | |
| CWK | Cushman & Wakefield | 13.30 | -2.28 | -14.63% |
Newmark Group Corporate Events
Newmark Group Announces Planned CEO Leadership Transition
NeutralNewmark Group, Inc., a leading global commercial real estate advisor and service provider, has built a broad platform serving institutional investors, corporations, occupiers, and lenders, and has expanded to more than 10,000 professionals across ove...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 29, 2026