as of 11-05-2026 3:38pm EST
Newmark Group Inc is a commercial real estate advisory firm. It offers services, including leasing and corporate advisory services, investment sales, commercial mortgage brokerage, appraisal and valuation, project management, and property, among others. Newmark offers a diverse array of integrated services and products designed to meet the full needs of both real estate investors/owners and occupiers. The company provides real estate strategic consulting and systems integration services to CFI's clients including many Fortune and Forbes companies, owner-occupiers, government agencies, healthcare, and higher education clients.
| Founded: | 1929 | Country: | United States |
| Employees: | N/A | City: | NEW YORK |
| Market Cap: | 2.1B | IPO Year: | 2017 |
| Target Price: | $16.75 | AVG Volume (30 days): | 2.1M |
| Analyst Decision: | Buy | Number of Analysts: | 7 |
| Dividend Yield: | Dividend Payout Frequency: | quarterly | |
| EPS: | 0.18 | EPS Growth: | 100.00 |
| 52 Week Low/High: | $11.13 - $18.25 | Next Earning Date: | 10-29-2026 |
| Revenue: | $3,294,024,000 | Revenue Growth: | 20.29% |
| Revenue Growth (this year): | 14.54% | Revenue Growth (next year): | 6.15% |
| P/E Ratio: | 68.67 | Index: | |
| Free Cash Flow: | 142.6M | FCF Growth: | N/A |
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SEC 8-K filings with transcript text
Oct 29, 2026 · 100% conf.
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Newmark Reports Third Quarter 2026 Financial Results
NEW YORK, NY - October 29, 2026 - Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today reported its financial results for the three and nine months ended September 30, 2026, and declared its quarterly dividend.
Comments on Newmark's Results and Outlook from Barry M. Gosin, Chief Executive Officer of Newmark1
"Newmark once again generated strong top- and bottom-line growth, including record third quarter revenues. We produced double-digit gains in Leasing and in our recurring businesses, as we progress towards our goal of over $2 billion in annual Management and Servicing revenues by 2029.
"Our transaction pipelines remain active and robust. We continue to expect double-digit growth in revenues, Adjusted EBITDA, and Adjusted EPS, and anticipate achieving our best-ever full year results for each of these metrics. However, the volatility in the macroeconomic environment creates challenges with regard to the timing and certainty of deal closings, and as a result, we are revising our 2026 outlook. We remain confident that our investments in resilient service lines, ongoing international expansion, the strength of the Company's brand, and the continuing collaboration between our industry-leading professionals will together drive Newmark's long-term growth and market share gains."
Highlights of Consolidated Results (USD millions, except per share data)3Q263Q25ChangeYTD 2026YTD 2025Change
Total Revenues$973.2$863.512.7%$2,708.1$2,288.118.4%
GAAP net income (loss) for fully diluted shares67.464.05.3%114.180.142.5%
GAAP net income (loss) per fully diluted share ("GAAP EPS")0.270.258.0%0.450.3240.6%
Post-tax Adjusted Earnings to fully diluted shareholders ("Post-tax Adjusted Earnings")122.1105.915.3%303.0237.927.4%
Post-tax Adjusted Earnings per share ("Adjusted EPS")0.480.4214.3%1.200.9427.7%
Adjusted EBITDA ("AEBITDA")166.4145.214.6%426.7348.422.5%
–Management Services, Servicing Fees, and Other increased by 18.3%, leading to the Company's fifth consecutive record quarter for these resilient businesses. These results included Newmark expanding its total Servicing and Asset Management portfolio by 23.2% year-on-year, which the Company expects to drive future high margin revenue growth.
–The Company recently won a long-term Property and Project Management assignment by leading institutional investor and developer 601W Companies, which is expected to include over 21 million square feet of premier U.S. office assets.
–Leasing was up 26.5%, resulting in its all-time best third quarter. This improvement was led by higher demand from investor and occupier clients across artificial intelligence, data centers, and other technology sectors, as well as in manufacturing, legal services, aerospace and defense, and health care.
–On September 16, 2026, Newmark's issuer credit rating was upgraded to 'BBB-' from 'BB+' by S&P Global Ratings. The Company maintained its 1.0x Net Leverage ratio as of the end of the third quarter of 2026.
1 Please note the following with respect to Newmark's results and outlook: (i) Unless otherwise stated, all financial results and volume or activity figures discussed in the narrative and quotes compare the third quarter of 2026 with the year-earlier period. "Year to date" or "YTD" means the nine months ending September 30. (ii) U.S. Generally Accepted Accounting Principles are referred to as “GAAP”. (iii) Newmark's non-GAAP other income for the three and nine months ended September 30, 2025, excluded the net $42.3 million received from insurers pursuant to the previously disclosed settlement of a stockholder derivative litigation. This item was excluded from Adjusted Earnings and Adjusted EBITDA because it is considered to be non-recurring, which is consistent with Newmark's non-GAAP methodology. (iv) See the sections of this document including, but not limited to, “Non-GAAP Financial Measures”, “Adjusted Earnings Defined”, “Reconciliation of GAAP Net Income (Loss) Available to Common Stockholders to Adjusted Earnings Before Noncontrolling Interests and Taxes and GAAP Fully Diluted EPS to Post-Tax Adjusted EPS”, "Reconciliation of GAAP Net cash provided by (used in) operating activities to Free Cash Flow and Adjusted Free Cash Flow", and "Net Leverage", including any footnotes to these sections, for the complete and/or updated definitions of these and other non-GAAP terms and how, when and why management uses them, as well as the differences between results under GAAP and non-GAAP for the periods discussed herein. (v) See “Timing of Outlook for Certain GAAP
Jul 29, 2026 · 100% conf.
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Newmark Reports Second Quarter 2026 Financial Results
NEW YORK, NY - July 29, 2026 - Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today reported its financial results for the three and six months ended June 30, 2026, and declared its quarterly dividend.
Comments on Newmark's Results and Outlook from Barry M. Gosin, Chief Executive Officer of Newmark1
"Newmark once again delivered strong financial results, including record second quarter revenues. We produced double digit gains in each of our major business lines, led by our recurring businesses, as we continue to drive towards our goal of over $2 billion in annual Management and Servicing revenues by 2029. Our year to date results demonstrate the Company's strong operating leverage, as we increased Total Revenues 22%, GAAP EPS 200%, and Adjusted EPS 37%, all compared with a year earlier.
"Given Newmark's strong results and healthy transaction pipeline, we continue to expect double-digit top- and bottom-line growth for the third consecutive year in 2026. We also anticipate that our investments in recurring revenue businesses, ongoing international expansion, improving industry fundamentals, and talented professionals will together drive Newmark's long-term growth and market share gains."
Highlights of Consolidated Results (USD millions, except per share data)2Q262Q25ChangeYTD 2026YTD 2025Change
Total Revenues$888.4$759.117.0%$1,734.9$1,424.621.8%
GAAP net income (loss) for fully diluted shares27.128.8(5.7)%46.716.1190.3%
GAAP net income (loss) per fully diluted share ("GAAP EPS")0.110.11NMF0.180.06200.0%
Post-tax Adjusted Earnings to fully diluted shareholders ("Post-tax Adjusted Earnings")97.577.725.5%181.0132.137.0%
Post-tax Adjusted Earnings per share ("Adjusted EPS")0.390.3125.8%0.710.5236.5%
Adjusted EBITDA ("AEBITDA")139.2114.022.1%260.3203.228.1%
–Newmark has produced double-digit year-on-year revenue growth for eleven quarters in a row in Capital Markets, eight consecutive quarters in Management Services, Servicing Fees, and Other, and seven successive quarters in Leasing and Other Commissions, all as of June 30, 2026.
–Management Services, Servicing Fees, and Other grew by 17.7%, leading to the Company's fourth consecutive record quarter for these resilient businesses. These results included Newmark increasing its total Servicing and Asset Management portfolio by 20.5% and its Property and Facilities Management square footage by 23.1% year-on-year as of quarter end.
–Leasing fees were up 17.2% to an all-time best second quarter. This mainly reflected increased client activity in office and was driven by companies in industries such as artificial intelligence and other technology sectors, financial services, manufacturing, legal services, and consumer goods, as well as aerospace and defense.
–Capital Markets revenues were up 16.0%, which reflected a broad recovery across property types in U.S. Investment Sales, as well as the Company's investments in talent driving continued international share gains. In addition, Newmark moved up one spot to #2 in overall U.S. investment sales for the first half of 2026 according to MSCI.
–On a trailing twelve month basis, the Company significantly increased GAAP Cash Flow from Operations and improved Adjusted Free Cash Flow by 71.6%.
1 Please note the following: (i) Unless otherwise stated, all financial results and volume or activity figures discussed in the narrative and quotes compare the second quarter of 2026 with the year-earlier period. (ii) U.S. Generally Accepted Accounting Principles are referred to as “GAAP”. (iii) See the sections of this document including, but not limited to, “Non-GAAP Financial Measures”, “Adjusted Earnings Defined”, “Reconciliation of GAAP Net Income (Loss) Available to Common Stockholders to Adjusted Earnings Before Noncontrolling Interests and Taxes and GAAP Fully Diluted EPS to Post-Tax Adjusted EPS”, "Reconciliation of GAAP Net cash provided by (used in) operating activities to Free Cash Flow and Adjusted Free Cash Flow", and "Net Leverage", including any footnotes to these sections, for the complete and/or updated definitions of these and other non-GAAP terms and how, when and why management uses them, as well as the differences between results under GAAP and non-GAAP for the periods discussed herein. (iv) See “Timing of Outlook for Certain GAAP and Non-GAAP Items” for a discussion of why it is difficult to forecast certain GAAP results without unreasonable effort. (v) Unless otherwise stated, all volume figures are notional.
2 For additional context: (i) To find more on "Recent Highligh
Apr 30, 2026 · 100% conf.
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Newmark Reports First Quarter 2026 Financial Results
NEW YORK, NY - April 30, 2026 - Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today reported its financial results for the three months ended March 31, 2026, and declared its quarterly dividend.
Comments on Newmark's Results and Outlook from Barry M. Gosin, Chief Executive Officer of Newmark1
"Newmark continued its momentum in the first quarter by increasing Total Revenues 27%, GAAP EPS 260%, and Adjusted EPS 57%. This was our seventh consecutive quarter of double-digit top-line growth and eighth quarter in a row of at least double-digit earnings improvement. Our first quarter 2026 results reflected broad-based gains across Management Services and Servicing, Leasing, and Capital Markets, which drove record first quarter consolidated revenues.
"The Company's ongoing success is due to the consistent execution of our strategy of leading with the industry's best talent, deepening client relationships, and expanding our international footprint, which together drive growth across all of our service lines. Given the strong start to the year and our healthy transaction pipeline, we are raising our full year outlook and expect Newmark to deliver double-digit top- and bottom-line growth for the third consecutive year in 2026."
Highlights of Consolidated Results (USD millions, except per share data)1Q261Q25Change
Total Revenues$846.5$665.527.2%
GAAP net income (loss) for fully diluted shares19.6(8.8)323.7%
GAAP net income (loss) per fully diluted share ("GAAP EPS")0.08(0.05)260.0%
Post-tax Adjusted Earnings to fully diluted shareholders ("Post-tax Adjusted Earnings")83.454.353.5%
Post-tax Adjusted Earnings per share ("Adjusted EPS")0.330.2157.1%
Adjusted EBITDA ("AEBITDA")121.289.235.8%
–Management Services, Servicing Fees, and Other grew by 21.2%, leading to the Company's best-ever quarter for these resilient businesses. These results included Newmark increasing its total Servicing and Asset Management portfolio by 19.2% year-on-year to a record $222.1 billion.
–Leasing fees were up 20.2% to an all-time first quarter high. This increased activity was driven by several high-profile artificial intelligence and technology companies, as well as clients in manufacturing, education, health care, telecommunications, and consumer goods.
–Capital Markets delivered a record first quarter, with revenues up 45.5%. Newmark advised on a number of notable transactions, including the financing of the $4.3 billion, 17.5 acre One Beverly Hills mixed use development, as well as the $1.8 billion strategic merger of Sonida Senior Living, Inc. and CNL Healthcare Properties, Inc.
–On April 17, 2026, Newmark entered into an agreement to amend the terms of its revolving Credit Facility, increasing its size by 50% to $900 million and extending the maturity date to April 17, 2030.
–On a trailing twelve month basis, the Company increased Cash Flow from Operations by 186.1% and Adjusted Free Cash Flow by 111.7%.
1 Please note the following: (i) Unless otherwise stated, all financial results and volume or activity figures discussed in the narrative and quotes compare the first quarter of 2026 with the year-earlier period. All volume figures are notional. (ii) U.S. Generally Accepted Accounting Principles are referred to as “GAAP”. (iii) See the sections of this document including, but not limited to, “Non-GAAP Financial Measures”, “Adjusted Earnings Defined”, “Reconciliation of GAAP Net Income (Loss) Available to Common Stockholders to Adjusted Earnings Before Noncontrolling Interests and Taxes and GAAP Fully Diluted EPS to Post-Tax Adjusted EPS”, "Reconciliation of GAAP Net cash provided by (used in) operating activities to Free Cash Flow and Adjusted Free Cash Flow", and "Net Leverage", including any footnotes to these sections, for the complete and/or updated definitions of these and other non-GAAP terms and how, when and why management uses them, and the differences between results under GAAP and non-GAAP for the periods discussed herein. (iv) See “Timing of Outlook for Certain GAAP and Non-GAAP Items” for a discussion of why it is difficult to forecast certain GAAP results without unreasonable effort. (v) When mentioned, the Company's targets or goals for periods after 2026 should not be considered formal guidance. (vi) "Cash Flow from Operations" under GAAP may be used interchangeably with "Net cash provided by (used in) operating activities".
2 For additional context: (i) To find more on "Recent Highlights", the sources of any economic or industry data contained herein, and information about
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