Newmark Group Initiated with Market Outperform Rating by JMP Securities

JMP Securities initiates coverage of Newmark Group (NMRK) with a "Market Outperform" rating and a price target of $17.00 USD. The analyst's optimism around the stock's potential may influence investor decisions, adding a new dimension of interest for the company. Analysts forecast an average target price of $15.30, with a high estimate of $17.00 and a low estimate of $14.00, indicating a potential upside of 24.29% from the current price.

JMP Securities has initiated coverage of Newmark Group (NASDAQ:NMRK) with a "Market Outperform" rating and a price target of $17.00 USD. The analyst's optimism around the stock's potential may influence investor decisions, adding a new dimension of interest for the company. Analysts forecast an average target price of $15.30, with a high estimate of $17.00 and a low estimate of $14.00, indicating a potential upside of 24.29% from the current price.

The decision to initiate coverage comes on the heels of a recent earnings report that saw Newmark Group posting $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.02. The company's revenue for the quarter was $665.49 million, up 21.8% year-over-year. Analysts at JMP Securities cited the company's recent hiring initiatives and investments in Europe and Asia as key drivers for their positive outlook.

Additionally, institutional investors have shown increased interest in Newmark Group. Several hedge funds and investment management firms have recently added to their stakes in the company. For instance, Barclays PLC increased its holdings by 0.3% during the fourth quarter, and OneDigital Investment Advisors LLC lifted its position by 10.4% during the first quarter.

The analysts at JMP Securities also highlighted the company's strong balance sheet, with a debt-to-equity ratio of 0.50 and a quick ratio of 0.47. These financial metrics indicate a robust financial position, which can provide a safety net for investors.

While the stock has seen a mixed response from other analysts, with some lowering their ratings and target prices, the overall consensus remains positive. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $15.83.

In conclusion, JMP Securities' initiation of coverage with a "Market Outperform" rating and a price target of $17.00 USD provides a new perspective for investors considering Newmark Group. The company's recent performance and strong balance sheet position it favorably for future growth.

References:
[1] https://www.marketbeat.com/instant-alerts/newmark-group-nasdaqnmrk-earns-market-outperform-rating-from-analysts-at-jmp-securities-2025-07-21/
[2] https://seekingalpha.com/news/4469352-citizens-initiates-coverage-of-newmark-cushman-wakefield-colliers-jones-lang-lasalle-marcus-millichap