Newmark Group (NMRK) has announced a cash dividend of $0.03 per share, with an ex-dividend date set for Aug 14, 2025. The announcement was made on Jul 29, 2025, and the dividend will be paid on Aug 29, 2025. This dividend is lower than the average of the last ten dividends, which stands at approximately $0.042 per share. Previously, on May 29, 2025,
paid a cash dividend of $0.03 per share. Investors should take note of the ex-dividend date as the last opportunity to purchase shares and qualify for the upcoming dividend.
Recently, Newmark Group's fiscal 2025 Q2 earnings report revealed a remarkable 26% surge in net income, surpassing market expectations. This positive financial performance has contributed to a heightened interest in the company's stock, with shares achieving a new 52-week high of $16.11. Analysts have acknowledged this upward trend and consequently adjusted their price targets, reflecting optimism in the company's continued growth.
In addition, Newmark Group has secured a significant $435 million refinancing deal for the
Center, further bolstering its financial standing. This strategic move underscores the company’s capacity to manage and expand its operations effectively. The financial community has been closely monitoring these developments, with various reports highlighting the potential implications on the company's future performance.
As of late, analysts have given Newmark Group mixed ratings, with 6 Buy ratings and 8 Hold ratings, demonstrating a cautious yet optimistic outlook. The average analyst price target over the past three months has been $16.75, indicating a stable forecast amidst recent volatility.
In conclusion, investors should be aware that Aug 14, 2025, marks the last day to purchase Newmark Group shares and qualify for the upcoming dividend. Any acquisitions made after this date will not be eligible for the dividend distribution planned for Aug 29, 2025.
Comments
No comments yet