Lumida
/NMRK
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Newmark Group Inc

Newmark Group Inc

NMRK
$14.42USD↑+1.76%+0.25 today

MARKET CAP

2.6B

P/E (TTM)

7.8x

FWD P/E

6.8x

DAY RANGE

$14 – $15

52W RANGE

$13
$20

AI Summary

Stalk
StalkMedium

Despite a structurally bearish downtrend marked by lower highs and lower lows under declining EMAs, NMRK is in extreme oversold territory with supportive valuation and yield, granting a tactical medium-term mean-reversion bias. However, short-term execution remains unfavorable as price is extended below key moving averages, so we will stalk for pullbacks into structural support zones under a COMP accumulation approach.

  • ↑Q2 revenue rose 17% YoY to $888.4 M, adjusted EPS up 26% to $0.39
  • ↑11 straight quarters of double-digit revenue growth illustrate operational strength
  • ↓Debt-to-equity remains high, increasing refinancing costs if rates rise
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The case for & against

Bull & Bear analysis

Bullish

Newmark Group Inc. (NASDAQ: NMRK) is a leading commercial real estate services firm specializing in investment sales, leasing, property management, and capital markets advisory. Operating in a highly competitive market characterized by a resurgence in demand for office space and the growing importance of data centers, Newmark is strategically positioned to leverage its expertise and technology integration to capitalize on industry trends. The company has successfully expanded its footprint internationally, indicating its ambitious growth objectives in the evolving global real estate landscape.

Bull says

  • ↑Q2 revenue rose 17% YoY to $888.4 M, adjusted EPS up 26% to $0.39
  • ↑11 straight quarters of double-digit revenue growth illustrate operational strength
  • ↑Strong office leasing demand in NYC and San Francisco boosts market share
  • ↑Altus advisory acquisition and AI integration expand service offering and efficiency
  • ↑Positive analyst revisions and high earnings yield support valuation thesis
  • ↑Ranked #2 in U.S. investment sales H1 2026; debt volumes grew 135% YoY

Bear says

  • ↓Debt-to-equity remains high, increasing refinancing costs if rates rise
  • ↓Negative growth factor suggests challenges sustaining revenue momentum
  • ↓Low interest-rate sensitivity heightens vulnerability to rate hikes hampering deals
  • ↓No dividend yield deters income investors amid competitive payout environment
  • ↓Smaller scale versus CBRE/JLL limits pricing power and market reach
  • ↓Fintech and AI disruptors threaten market share and fee structures

Investment themes with NMRK

High Dividend Yield↓ -0.51%

Companies paying above-average dividends

AVGO · JPM · XOM

Earnings Call · Q2 2025 · Mgmt. Guidance

Updated 08-01-2026bullish

Transcript signals

Bull points

  • Newmark issued its second quarter 2025 financial results press release this morning.
  • We applaud the long-term view.
  • Our strong start to the year continued through the second quarter with revenue growth of 19.9% and adjusted EPS improvement of 40.9%. As a result, we are increasing our full year outlook for both revenues and earnings, which I will discuss later in more detail.

Bear points

  • Total expenses for adjusted earnings increased by 18.4%, which reflected 26% improvement in our commission-based revenues, costs related to Newmark's growth initiatives, and higher pass-through costs.
  • We are underserved for housing, but there are markets where you just have too much supply.
  • I think that we seem to have struck a chord in the industry in terms of what the industry needs in respect of talent. And I think we fit the bill for many people that are high production, high revenue professionals. So that We don't think that's going away. It's always been hard in some respects, but we don't see it changing.
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